PropertyInvesting.com | reddahaydn | Activity https://www.propertyinvesting.com/members/reddahaydn/activity/ Activity feed for reddahaydn. Mon, 13 Apr 2026 00:25:05 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 6dfdd02fb9a15feb2f0b630fc085117e reddahaydn replied to the topic property developers in the forum Help Needed! https://www.propertyinvesting.com/topic/4401614-property-developers-2/#post-4634693 Wed, 27 Oct 2010 02:54:14 +0000 the way I would look at it is like this. the new townhouse would probably rent similar to the house you own now yeah? so your going from losing money to making money.  if you are looking for income this would be the go.There fact the developer can give you a house lowers his cost base and makes the deal more likely to go ahead. if he were to buy…[Read more]

]]> e58fdd8efb0392b3a2b7fa9b2797c786 reddahaydn replied to the topic Buyers Agents Reviews in the forum Help Needed! https://www.propertyinvesting.com/topic/4401518-buyers-agents-reviews/#post-4634140 Wed, 27 Oct 2010 02:44:14 +0000 i have met with Pino from capital360 and he seemed very good. they're not just a buyers agency,, they help you manage it as well. I didnt end up using them as there is another group a lot cheaper in melb. I will probably use the cheaper one for the first 2-3 houses then shift to capital when my portfolio is starting to get large.

]]> 96c3dc50559b7f84a7a75c8ef618fdcf reddahaydn replied to the topic One Stop Property Investment Companies in the forum Help Needed! https://www.propertyinvesting.com/topic/4400466-one-stop-property-investment-companies/#post-4627561 Tue, 06 Jul 2010 04:00:14 +0000 property planning australia and capital 360 are companies like this and there are plenty more. they help you set up the structure, get the loan, find the property they negotiate for you, and they help you along the way evaluating your portfolio. The dont buy new property so there is no commisions paid to developers. they charge a flat fee to find…[Read more]

]]> 928b099bd170f60910f2b8c294588019 reddahaydn replied to the topic One bedroom Reno Help Required in the forum Help Needed! https://www.propertyinvesting.com/topic/4400334-one-bedroom-reno-help-required/#post-4626819 Thu, 24 Jun 2010 12:17:24 +0000 well there is a unit in the same block renovated a few years ago asking 260pw so i would think similar or slightly more. i would be hoping that would mean it would be worth at least 260-280k.

]]> e54ba462c5e6f49e30bd8fbb8efa92fe reddahaydn replied to the topic One bedroom Reno Help Required in the forum Help Needed! https://www.propertyinvesting.com/topic/4400334-one-bedroom-reno-help-required/#post-4626817 Thu, 24 Jun 2010 07:59:04 +0000 I agree, this has been very helpful. Powerpoints is one thing I hadnt though of at all but is a very important part of a home as even I remember looking for powerpoints when I bought our place. Is it easy to get rid of damp? Being a structural engineering (a young one tho) I should be able to get advice on how to do it at work ,but generally we…[Read more]

]]> 69370c441985e990dc67a6203c8b84a2 reddahaydn replied to the topic One bedroom Reno Help Required in the forum Help Needed! https://www.propertyinvesting.com/topic/4400334-one-bedroom-reno-help-required/#post-4626810 Thu, 24 Jun 2010 02:43:17 +0000 Thanks Guys,I have some leftover paint from when I painted the spare room in our house (however it's currently stored on concrete, i better get it off the floor tonight. Is this to do with the concrete being cold?)Thanks for the idea's guys, I really appreciate it!I've lived in a one bedroom unit before so i have a good idea what works and what is…[Read more]

]]> 8e7bee2dfdb229aae4478b956a39ae6c reddahaydn replied to the topic Brick or Weather Board ??? in the forum Value Adding https://www.propertyinvesting.com/topic/4400208-brick-or-weather-board/#post-4625868 Mon, 21 Jun 2010 04:10:30 +0000 Hi jason,These properties are really good. How much would you generally spend on a renovation? I'm looking to  do something similar, render, paint, floors, light fittings and maybe a second hand kitchen and some bathroom updates. I'm trying to work out how much I will need.Does the area your renovating in make a huge difference on the cost of the…[Read more]

]]> 25a41c02f5c0a88a8014cbe25489bd6d reddahaydn replied to the topic October 09 Property Crash Begins in the forum General Property https://www.propertyinvesting.com/topic/4397378-october-09-property-crash-begins/page/7/#post-4609708 Tue, 08 Jun 2010 22:48:23 +0000 And if you really believed it you’d be selling your houses and buying gold coins??

]]> 83fe9650d8a64b7aa8876b293e421d0e reddahaydn replied to the topic October 09 Property Crash Begins in the forum WJ Hooker https://www.propertyinvesting.com/topic/4397378-october-09-property-crash-begins/page/7/#post-4609707 Tue, 08 Jun 2010 22:36:57 +0000 WJ Hooker wrote:
Sorry,         Just had to post this.http://www.moneymorning.com.au/20100608/house-prices-at-maximum-risk.html#more-3296Always a good read is the moneymorning post.devo76Canada is not in dire financial troubles, it is like Australia in many ways, both have high housing costs, both are reliant on mining, both have hots of space w…[Read more]

]]> 88357cb3b1efff16ef0b40c5ffe247ee reddahaydn replied to the topic 2009 how did you do in the forum Commercial Property https://www.propertyinvesting.com/topic/4398246-2009-how-did-you-do/#post-4614007 Sun, 06 Jun 2010 07:01:09 +0000 me an the missus bought out first PPOR with a 100% LOAN in feb 2009 got it revalued last week, achieved 30% growth, withdrawing 75k to buy another one as soon as i find something decent. will prob look at cashflow positive for the next one (maybe strata titleing a block of units) as dont wanna get stuck with 2 growth properties costing me $$ e…[Read more]

]]> e5adef411509cacab148f01fa2bd2804 reddahaydn replied to the topic October 09 Property Crash Begins in the forum im not saying there wont be https://www.propertyinvesting.com/topic/4397378-october-09-property-crash-begins/page/6/#post-4609698 Sun, 06 Jun 2010 06:48:51 +0000 im not saying there wont be a slow down or possibly (but unlikely) a small reversal as people become spooked, all i'm saying is that in 10-20 years, a 20k drop after you bought a property isnt going to make a big difference in the scheme of things.its like holding off on buying a speculative stock at 5c to try and get it for 4.8c, your still…[Read more]

]]> d701365354a1466d32279b7882a48b44 reddahaydn replied to the topic October 09 Property Crash Begins in the forum General Property https://www.propertyinvesting.com/topic/4397378-october-09-property-crash-begins/page/6/#post-4609695 Sun, 06 Jun 2010 06:13:03 +0000 haha dont think so mate!tighter credit hey, i just got a 75k LOC on this property approved (up to 90%) and also a 95% loan pre-approved for another property….and both myself and my partner earn less than the average wage …read some of the comments after than last article….if you excluded sydneys inner suburns like they excluded manhatten t…[Read more]

]]> 8473d0454156b2c70e2934538702682e reddahaydn replied to the topic October 09 Property Crash Begins in the forum General Property https://www.propertyinvesting.com/topic/4397378-october-09-property-crash-begins/page/6/#post-4609691 Sun, 06 Jun 2010 03:59:18 +0000 Fact Update: Bought, 2 bedroom apartment in hawthorn,  Mid April 2009, $375 000Revalued: End May 2010, $485 00013.5 month growth 29.33% – Wasn't it meant to drop 20-40%???

]]> 86c3709ff340388e7ba99a4842050b89 reddahaydn replied to the topic Which Suburbs? (Victoria) in the forum Help Needed! https://www.propertyinvesting.com/topic/4400028-which-suburbs-victoria/#post-4624892 Sat, 05 Jun 2010 15:03:40 +0000 id say you'd be looking around springvale/blackburn east that sort of distance from the cbd mate…

And I don’t think u’d be renting a house in Richmond for $350… entry level duplex is easily over 500pw. 350 would just get u a ok two bedder!

]]> f4fcea40a4a1e06521f067ee02ccd9e6 reddahaydn replied to the topic Need to get smart for expanding family - help! in the forum Help Needed! https://www.propertyinvesting.com/topic/4400140-need-to-get-smart-for-expanding-family-help/#post-4625508 Sat, 05 Jun 2010 08:18:39 +0000 im only new and i dont know much about how much babies cost, but wouldnt you first change your investment property to interest only, then use the extra cash you were using to pay the principal on that to put into the offset account on your PPOR. pay down your PPOR as much as you can before the baby comes and then chuck some of your savings off the…[Read more]

]]> 417230a6f41774641ed97646978ef7da reddahaydn replied to the topic $150,000.00 cash to invest Property or Silver in the forum General Property https://www.propertyinvesting.com/topic/4399819-150000-00-cash-to-invest-property-or-silver/#post-4623766 Tue, 11 May 2010 22:14:41 +0000 Silver will give u much higher percentage returns in the short term, silver is being used much quicker than it is being mined. It won’t be all that long before there is a huge jump in the silver price. Just check out the gold- silve price ratio and see what it’s average has been over time. Problem is you are then stuck with only 150k appreciating.…[Read more]

]]> 4fb59c17f47ae2ec2cf30a8946155574 reddahaydn replied to the topic 3rd investment property loan advice in the forum Why? The first place is https://www.propertyinvesting.com/topic/4399470-3rd-investment-property-loan-advice/#post-4621713 Tue, 11 May 2010 12:22:42 +0000 Why? The first place is returning 10%, the other 7%. Between them they should be cash flow neutral after all costs, so why not keep them and buy something else and get the growth from all 3?

]]> 3ad33918612626b7e9a8dc69534b7fc7 reddahaydn replied to the topic Negatives of Positive Gearing in the forum Help Needed! https://www.propertyinvesting.com/topic/4398872-negatives-of-positive-gearing/#post-4617660 Mon, 10 May 2010 23:05:04 +0000 There's a 2 bedroom furnished apartment in a 3 story apartment block in melb on the same st as a uni, buy 280k, rent 400pw (over 20k pa). (7.2%) they're 2 years old so there would be plenty of depreciation as well.I'm not sure if it's soley student only living but they are pretty small apartments so in the end only students live there.I'm only…[Read more]

]]> bfa101bfaf9c1f7ca9b408fe70e12a84 reddahaydn replied to the topic Need help with estimating prices URGENT in the forum Value Adding https://www.propertyinvesting.com/topic/4399816-need-help-with-estimating-prices-urgent/#post-4623757 Sun, 09 May 2010 00:37:45 +0000 Thanks a lot guys. Nah unimproved value was 39k, improved value was 100 and i coulda picked it up for about 70. Most houses in the street are worth about 150k max of 180 and rent for 200 so building a new place, even a bond transportable home would not quite work.
It’s a town of 15000 people that is growing. I have mates there who are plaster,…[Read more]

]]> 8877dbd052b86187de84d644865bfd4f reddahaydn replied to the topic Postive cashflow USA in the forum Overseas Deals https://www.propertyinvesting.com/topic/4393885-postive-cashflow-usa/#post-4591127 Thu, 06 May 2010 11:38:04 +0000 Hi Rob,Can I ask why you say stay away from Detroit? I was actually talking to a company (I'm happy with their reputation) about buying in detroit earlier tonight. I have read articles on the net about detroit going backways population wise and there being a lot of empty houses, however 30% yield is pretty good, and these guys have any renovations…[Read more]

]]> 3f09059fb27f88ee570bc8c31f8a5e9d reddahaydn replied to the topic Structural engineering quote in the forum I'm a structural engineer https://www.propertyinvesting.com/topic/4399158-structural-engineering-quote/#post-4619533 Wed, 05 May 2010 10:19:35 +0000 I'm a structural engineer and that is the absolute minimum i would charge. that would get you a beam size, columns, pad footing and basic connection details.Anything fancy like cranks in the beam or special connections etc and I would def. be charging more. question: is there an architect involved that will provide the engineer with the…[Read more]

]]> ebaae51055c84f67dd86fe1f60fe764b reddahaydn replied to the topic Investing in dodgy areas in the forum Help Needed! https://www.propertyinvesting.com/topic/4399780-investing-in-dodgy-areas/#post-4623557 Tue, 04 May 2010 05:15:19 +0000 Good topic JacM, I'm currently looking at purchasing in a 'dodgy' area to get a few properties that are cash flow positive from the get go, so I will be following this thread with interest.

]]> 92268b4a160e194e1ee0216e668acf3d reddahaydn replied to the topic Property in Australia in still VERY cheap in the forum General Property https://www.propertyinvesting.com/topic/4399773-property-in-australia-in-still-very-cheap/#post-4623466 Mon, 03 May 2010 22:08:46 +0000 The rich countries have the high income, thus low property price to income ratio. The countries up the top have a lot of people who don’t work at all, thus no earnings, thus a high property price to income ratio. Sure, our prices might be higher, but we earn more so should be able to afford more. There are still plenty of affordable properties in…[Read more]

]]> 574dea50f5477e40bc3bebb2ec8fa1d5 reddahaydn replied to the topic 10 yrs to retire if all goes well, Advise would be great!! in the forum Creative Investing https://www.propertyinvesting.com/topic/4399450-10-yrs-to-retire-if-all-goes-well-advise-would-be-great/page/2/#post-4621583 Mon, 03 May 2010 08:03:14 +0000 there are plenty of companies that will buy you property mate, they are probably a lot better at finding high growth property than us beginers. the average fee was about 10k which includes helping you set up your finance structure, get loans etc then review your portfolio each year or two to see if you can buy another one. they do not sell…[Read more]

]]> 053d4deb3c0a1b88f9569b31f54df48c reddahaydn replied to the topic Finance advice requested in the forum Value Adding https://www.propertyinvesting.com/topic/4399006-finance-advice-requested-2/#post-4618587 Thu, 29 Apr 2010 08:21:13 +0000 I'm only new to all of this, however if you were to buy 4 of the units that would give you control of the body corporate which would allow you to win the votes to do up the exterior of the units, with the other 2 owners forced to chip in 1/3 of the costs. sure, you would only profit from 4 of the units, but the banks would be much more likely to…[Read more]

]]> f7c152713ca7d306e4f1ca5063d466c2 reddahaydn replied to the topic First investment property stress syndrome in the forum Help Needed! https://www.propertyinvesting.com/topic/4389421-first-investment-property-stress-syndrome/page/2/#post-4566923 Thu, 15 Oct 2009 04:49:23 +0000 i'm with duckster mate….consult a property advocate and get some profesional advice…well worth the fee as they will do the investigation for you….you may be able to do it on your own but if you stuff up the first one, you could be set back 5 years. if you get it right you could be ahead of the game and looking at retiring in 10 years….were…[Read more]

]]>