PropertyInvesting.com | RenoTeam | Activity https://www.propertyinvesting.com/members/renoteam/activity/ Activity feed for RenoTeam. Sun, 12 Apr 2026 12:32:16 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 4dc916fe16b2f17dbb25081e19ca6775 RenoTeam replied to the topic Who builds units? in the forum Help Needed! https://www.propertyinvesting.com/topic/4385330-who-builds-units/#post-4546696 Tue, 19 Jul 2011 14:40:45 +0000 Well done Vonny :)

Sounds like you are a natural! Yes I have heard of the $1K to quote trick, and can’t believe they think they can get away with it!

Can I ask how long your time frame from purchase has been? (just to compare to Vic at the moment)

Holly

]]> 142a50ada85307aa4f2a6e3499e890c6 RenoTeam replied to the topic Average Income of Estate Agents in the forum Help Needed! https://www.propertyinvesting.com/topic/4404171-average-income-of-estate-agents/#post-4651419 Tue, 19 Jul 2011 14:34:45 +0000 Hi Tim,

We have done personal coaching with Agents – after they became so curious about our Renovation formula… same with Tradies and even our Accountant…. Have you thought about becoming an Investor instead of an Agent?

Holly

]]> 5fd238aa8146ecad44a62f0a126e6a87 RenoTeam replied to the topic fire in rental house in the forum Help Needed! https://www.propertyinvesting.com/topic/4404223-fire-in-rental-house/#post-4651805 Tue, 19 Jul 2011 14:28:57 +0000 Colin,

Great advise. Why a Property Manager would tell you that you are liable is really concerning. I’d be looking for a new property manager!

Holly

]]> a05d88982bded19d2e4b04e440465772 RenoTeam replied to the topic Looking for Property Investment mentor program in the forum Creative Investing https://www.propertyinvesting.com/topic/4404146-looking-for-property-investment-mentor-program/#post-4651268 Tue, 19 Jul 2011 14:25:53 +0000 Gordie,

We must have been reading the same “other” forum, as I saw it an remembered this thread :) Terrible situation to be it.
Hope this forum/thread helps people filter through the growing number of companies to steer clear of .

Holly

]]> 9ba7b1f1d635c2f30969f1c7fc4272c6 RenoTeam replied to the topic Starting in property investment in the forum Help Needed! https://www.propertyinvesting.com/topic/4404241-starting-in-property-investment/#post-4651903 Tue, 19 Jul 2011 14:20:12 +0000 Welcome Ben :)

There are a few Investor meetings in Melbourne, check this forum for them, get along to a few of them and start asking LOTS of questions. There are some truly amazing Property Investors in this forum, always willing to help out where they can.

Holly

]]> 5c95f9eb2edf698d133d50a3fb1caf32 RenoTeam replied to the topic Property Blogs in the forum General Property https://www.propertyinvesting.com/topic/4401679-property-blogs/#post-4635037 Tue, 19 Jul 2011 14:13:56 +0000 Great to have all Blogs in one thread :)

Our’s is updated usually every wednesday or thursday.

And our Video blog, when we get the chance :)

http://www.renovateandprofit.com/_blog/Renovation_Tips_-_Blog

Holly

]]> 5f41129ef414621c2b6bee84aad74d69 RenoTeam replied to the topic Building a house and finishing it yourself in the forum General Property https://www.propertyinvesting.com/topic/4404101-building-a-house-and-finishing-it-yourself/#post-4650950 Fri, 15 Jul 2011 01:30:37 +0000 You’d have to get the house built and have a C of O (Certificate of Occupancy) this would mean having a kitchen and bathroom/toilet installed and working. You would come across warranty issues, as in who has warranty for what- if there are any issues after the C of O. I’m not aware of many builders that would take this type of job on :(

Holly

]]> a2dad75a7b8bbab7bca9d90b77a5ef13 RenoTeam replied to the topic Bunnings Credit Card $10000 Purchase Limit in the forum Creative Investing https://www.propertyinvesting.com/topic/4401500-bunnings-credit-card-10000-purchase-limit/#post-4634036 Fri, 15 Jul 2011 01:17:16 +0000 Just found this thread. Has anyone else signed for the Bunnings Credit Card? Any thoughts on the fine print? For experienced renovators this could be very handy but for the weekend warriors it could be a trap.

Holly

]]> 118db3cc4ffbe1a5ccba195f255c01ef RenoTeam replied to the topic Solicitor or conveyancer? in the forum We have used both, but https://www.propertyinvesting.com/topic/4404189-solicitor-or-conveyancer-2/#post-4651564 Fri, 15 Jul 2011 01:07:21 +0000 We have used both, but because of the complexity in most purchases we prefer a solicitor.

Holly

]]> c3668373344afc0024afeb57b4249dee RenoTeam replied to the topic Order of "things to do" please in the forum Value Adding https://www.propertyinvesting.com/topic/4404194-order-of-things-to-do-please/#post-4651587 Wed, 13 Jul 2011 15:54:56 +0000 Jezfonz,

Start at your council :) Make sure you can subdivide before going any further. What state do you live in? There are quite a few property investment meetings that you can find in this forum- get along to one and further your education with people doing it successfully :)

Holly

]]> 7292396bd1fbacb96696d72bdc2f852f RenoTeam replied to the topic Having problems renting out? in the forum General Property https://www.propertyinvesting.com/topic/4404027-having-problems-renting-out/#post-4650505 Wed, 13 Jul 2011 15:26:19 +0000 How long were the previous tenants in your property? Is it requiring a a quick paint or new carpets to bring it up to the standard in the area? Agree with the pet option mentioned above too :)

Holly

]]> fd77c66b623bcf5b37e87e823bba6ba6 RenoTeam replied to the topic Cost of Rendering Small 3 bedroom home in the forum Value Adding https://www.propertyinvesting.com/topic/4403987-cost-of-rendering-small-3-bedroom-home/#post-4650147 Wed, 13 Jul 2011 15:17:16 +0000 If 8-10K is out of your budget, have you looked at Paint Roller Render? Is this 3 bedroom house a rental or your PPOR?

Holly

]]> 9d7fcb4c8634a88d3aeaf8beb7876aeb RenoTeam replied to the topic Solicitor or conveyancer? in the forum Orxy, Welcome to our country https://www.propertyinvesting.com/topic/4404189-solicitor-or-conveyancer-2/#post-4651562 Wed, 13 Jul 2011 02:17:54 +0000 Orxy, Welcome to our country & to this forum :) We prefer to use Solicitors but you’ll find on this forum that many investors use either conveyancers, dependant on their experience & the project they are tackling :)

Holly

]]> b1e4d63adb47e387106fec939e1296c5 RenoTeam replied to the topic Looking for Property Investment mentor program in the forum Creative Investing https://www.propertyinvesting.com/topic/4404146-looking-for-property-investment-mentor-program/#post-4651265 Wed, 13 Jul 2011 02:14:37 +0000 Henry, There are many Mentor programs available, it really depends on what route you wish to pursue- eg renovation/development and alot has to do with your financial structure and end goals. Have a look around this forum, you’ll see you can become fairly savvy by asking or searching for answers in here :)

Holly

]]> 79d5a13799b1b27b1d0c57c076284b02 RenoTeam replied to the topic Cost of Rendering Small 3 bedroom home in the forum Value Adding https://www.propertyinvesting.com/topic/4403987-cost-of-rendering-small-3-bedroom-home/#post-4650145 Wed, 13 Jul 2011 02:08:05 +0000 Have 3 quotes done and make sure you know how many render layers it includes and does it include the painting of the render?

Holly

]]> 8d9c7b999b4d5e4363ea3ef09ca2f096 RenoTeam replied to the topic Backyard subdivision in the forum Help Needed! https://www.propertyinvesting.com/topic/4404139-backyard-subdivision/#post-4651232 Tue, 12 Jul 2011 11:37:48 +0000 You may want to get in touch with Troy Harris who is a developer in the Eastern suburbs of Melb. He runs a monthly property meeting called Active Property Network, he’s also on this forum. I’m sure he’d be able to put you in touch with the right people :)

Holly

]]> 17c4085d47b1946dbb575d2ceac5fa46 RenoTeam replied to the topic Body Corporate want to charge me for their time... On going breach of rules... in the forum Help Needed! https://www.propertyinvesting.com/topic/4404182-body-corporate-want-to-charge-me-for-their-time-on-going-breach-of-rules/#post-4651510 Tue, 12 Jul 2011 11:32:21 +0000 Wow, that sounds very cheeky of the Body Corporate. I’d be asking the BC to supply documentation that allows them to charge you :)

Holly

]]> ce0718a6ac52b33993ae44e0e9de658a RenoTeam replied to the topic A full regional renovation for $7,000 in 7 days..... Enjoy! in the forum General Property https://www.propertyinvesting.com/topic/4404107-a-full-regional-renovation-for-7000-in-7-days-enjoy/#post-4650988 Tue, 12 Jul 2011 11:12:12 +0000 Nice work :) any chance on what your Reno cost break down is for $7K?

Holly

]]> b17ac1ff41c08bc37aa9592002505943 RenoTeam replied to the topic kitchen reno in the forum Gumtree is another place to https://www.propertyinvesting.com/topic/4404051-kitchen-reno/#post-4650639 Mon, 11 Jul 2011 17:18:08 +0000 Gumtree is another place to find second hand kitchens :)

Holly

]]> 33bc2f8a48e871bfeef7fe4111e7ae62 RenoTeam replied to the topic Bathroom Reno - Shower/bath advice in the forum Value Adding https://www.propertyinvesting.com/topic/4404116-bathroom-reno-showerbath-advice/#post-4651101 Mon, 11 Jul 2011 17:09:49 +0000 Have a look around your area for fully renovated properties (same bed and baths) that have sold recently and see what they have done. Also agree that a great Agent will point you in the right direction if you are unfamiliar with the area :)

Holly

]]> f064f3c0cb3dd026c83972bff6b511f5 RenoTeam replied to the topic The profitability of Reno's in the forum Value Adding https://www.propertyinvesting.com/topic/4404063-the-profitability-of-renos/#post-4650731 Mon, 11 Jul 2011 17:04:55 +0000 We are full time Professional Renovators and yes we go through an extremely thorough process to make sure we profit from each project.

There is so much more involved with renovation profits than tax implications and feasibility. We’ve invested years into our system and it now runs like clockwork- regardless of the state of the market.

Renovation…[Read more]

]]> 0fc9d3e76a74cf43848a705d87973d01 RenoTeam replied to the topic Finalising a lease agreement in the forum Help Needed! https://www.propertyinvesting.com/topic/4403954-finalising-a-lease-agreement/#post-4649981 Thu, 16 Jun 2011 16:12:21 +0000 Odd situation and I’d really like to know the end outcome…. lazyness of the Agent is unacceptable, waiting a few days for a toilet to be fixed is simply showing how little he represents you and your property. You have really done him a favor by finding tenants. Can you update this thread on how it has worked out for you :)

Holly

]]> 3130b69ac9b30d6bc9e4de2c583b939b RenoTeam replied to the topic Going on a holiday - need some books to read!!! in the forum Help Needed! https://www.propertyinvesting.com/topic/4403943-going-on-a-holiday-need-some-books-to-read/#post-4649931 Thu, 16 Jun 2011 16:04:22 +0000 I remembered another great book for you to take on holidays – Getting Everything You Can Out of All You’re Got by Jay Abraham. Actually anything by Abraham is fantastic :)

]]> 393ccf2ab880db819a0d7c7cb055b336 RenoTeam replied to the topic Going on a holiday - need some books to read!!! in the forum Help Needed! https://www.propertyinvesting.com/topic/4403943-going-on-a-holiday-need-some-books-to-read/#post-4649928 Wed, 15 Jun 2011 17:47:54 +0000 Great read (or audio book) is Do The Work by Steven Pressfield :) Enjoy your holiday :)

Holly

]]> a1fb76930a5027a8b1fedc92882fd0fe RenoTeam replied to the topic Complications around a lease break - VIC in the forum General Property https://www.propertyinvesting.com/topic/4403906-complications-around-a-lease-break-vic/#post-4649567 Tue, 14 Jun 2011 08:02:19 +0000 Totally agree with Scott on this one – I am surprised the PM has not instigated a Breach of overdue rent, or at least mentioned it to you as an option. The tenants have known for 9 months that they were expecting a child and should have had the courtesy to let the PM know that they would be vacating early- thus giving them longer than 4 weeks to…[Read more]

]]> 1f7e7f86a2596715de98149c80038131 RenoTeam replied to the topic Car Parks in the forum General Property https://www.propertyinvesting.com/topic/4403861-car-parks-6/#post-4649336 Tue, 14 Jun 2011 07:54:14 +0000 Unfortunately you can’t add value to a parking space, (as far as I am aware) so you are limited to relying on Capital Growth. Interested to see what others have to say about this sort of investment though :)

Holly

]]> 02f9d015ff69f751b4350c026b618dca RenoTeam replied to the topic Recommend Landlords insurance in the forum Help Needed! https://www.propertyinvesting.com/topic/4403907-recommend-landlords-insurance/#post-4649574 Mon, 13 Jun 2011 05:23:21 +0000 ING have always been stand outs in LL insurance. Maybe worth checking with an insurance broker to see if they can find a better deal than what you have now :)

Holly

]]> 1001e0427be675705223b1edebdc6dc7 RenoTeam replied to the topic Studio apartment - creating a wall divider of sorts? in the forum Value Adding https://www.propertyinvesting.com/topic/4403900-studio-apartment-creating-a-wall-divider-of-sorts/#post-4649544 Fri, 10 Jun 2011 02:07:27 +0000 Jo, before pricing any type of wall in a studio, you’ll need to have it ok’d by the body corporate. It can get messy if you have the work done without bodycorp permission and they can make you demolish any works they havent approved.

Holly

]]> b01161f10ee486e99a9f36bf8c87b386 RenoTeam replied to the topic Sub division query in the forum Value Adding https://www.propertyinvesting.com/topic/4403829-sub-division-query/#post-4649113 Fri, 10 Jun 2011 01:48:27 +0000 The best thing you can do is get some knowledge under your belt, I’m not sure what state of Australia you are in but we highly recommend contacting Troy of http://www.rookiedeveloper.com.au :)

]]> b6622cd863a3479cd2ba2acc90f69ef1 RenoTeam replied to the topic DA Approval and tennants in an existing property in the forum General Property https://www.propertyinvesting.com/topic/4403886-da-approval-and-tennants-in-an-existing-property/#post-4649477 Thu, 09 Jun 2011 16:30:39 +0000 You’re best to advise the tenants of your plans and give them the option for reduced rent. How long until their lease expires? Each state has different laws regarding the serving of notice to tenants, so I’d check that out too :)

Holly

]]> cca7153c921778d73b03639b9b7b9322 RenoTeam replied to the topic URGENT!!! Can strata force me to put down the new wall I installed? in the forum Value Adding https://www.propertyinvesting.com/topic/4403779-urgent-can-strata-force-me-to-put-down-the-new-wall-i-installed/#post-4648858 Thu, 09 Jun 2011 13:34:08 +0000 Body Corp rules and guidelines are strict, they can be a bugga to deal with, but unfortunately they can make you demolish anything they haven’t approved. Let us know the outcome, it will be valuable to others on this forum for sure :)

Holly

]]> e591c531f38d47579c24c45232f206a5 RenoTeam replied to the topic Property Renting Question?? in the forum General Property https://www.propertyinvesting.com/topic/4403827-property-renting-question/#post-4649107 Wed, 08 Jun 2011 07:14:12 +0000 Clients recently had this exact situation worded into the contract, so yes it can be done :)

Holly

]]> 66664f54a988d01b6cdf0ab8f14537b1 RenoTeam replied to the topic renovate before selling - is it worht it? in the forum Value Adding https://www.propertyinvesting.com/topic/4403851-renovate-before-selling-is-it-worht-it/#post-4649276 Wed, 08 Jun 2011 07:00:40 +0000 Agree with all the points above- you’ll need to crunch your numbers on a non renovated property vs a newly renovated property in your area. Is there any way of adding another bedroom or bathroom within the current floor plan without having to touch structural walls? :)

]]> 2cc14b96161c06a5003e1ad195ed1af5 RenoTeam replied to the topic Help with renovating a melbourne apartment in the forum Value Adding https://www.propertyinvesting.com/topic/4403757-help-with-renovating-a-melbourne-apartment/#post-4648660 Thu, 02 Jun 2011 15:52:02 +0000 Linda just by looking at the photos, I truly don’t believe $39K is accurate at all. As the others have pointed out it is just a cosmetic renovation. One arm of our Company does do full renovations for clients. If we can help you out in any way please do send us a message :)

Holly

]]> 6ac9a452eade0095e6d2fa40f9e68469 RenoTeam replied to the topic Is this a good idea? in the forum Value Adding https://www.propertyinvesting.com/topic/4403821-is-this-a-good-idea/#post-4649074 Thu, 02 Jun 2011 15:41:49 +0000 I think a 20% increase is a bit steep. Worth asking tenants what extra they would be willing to pay though and then do your figures from that :)

Holly

]]> 921f7d0244bf324b13fb207e173ef6eb RenoTeam replied to the topic Cosmetic renovations in the forum Value Adding https://www.propertyinvesting.com/topic/4403816-cosmetic-renovations/#post-4649046 Thu, 02 Jun 2011 15:38:24 +0000 Looks great would love to know how much value you added :)

Holly

]]> 4fa8d46ede49e053375013d6f6d7e277 RenoTeam replied to the topic Can she do anything better? (possible subdivision) ? in the forum Help Needed! https://www.propertyinvesting.com/topic/4403742-can-she-do-anything-better-possible-subdivision/#post-4648583 Wed, 25 May 2011 13:59:54 +0000 Best thing to do is go into the local council and check that the block can be subdivided. The have a chat to the local agents regarding land pricing. You maybe able to subdivide the back off and sell it… then use those funds to pay off the current debt of you mums house… so she can stay there :)

Holly

]]> d6148b8b42704c25aff66798f306f0f9 RenoTeam replied to the topic Need a building permit in Melbourne - can anyone recommend a surveyor? in the forum Help Needed! https://www.propertyinvesting.com/topic/4403735-need-a-building-permit-in-melbourne-can-anyone-recommend-a-surveyor/#post-4648522 Wed, 25 May 2011 13:53:52 +0000 Check out – http://www.rookiedeveloper.com they’re on facebook too…. Troy who runs the site lives out that way and can probably point you in the right direction :)

Holly

]]> 4243293458edcda9af5fd674bfd6bf45 RenoTeam replied to the topic Renovating in rural areas. in the forum Value Adding https://www.propertyinvesting.com/topic/4403553-renovating-in-rural-areas/#post-4647217 Wed, 25 May 2011 13:50:23 +0000 Sorry, missed that line- Great work again :)

Holly

]]> 663f57cbbeb42fe808721b7bbbd2a2da RenoTeam replied to the topic Online Building Supplies - www.buildfind.com.au in the forum Value Adding https://www.propertyinvesting.com/topic/4403693-online-building-supplies-www-buildfind-com-au/#post-4648150 Tue, 24 May 2011 13:15:26 +0000 Great find alltheway2003, its always a win to find awesome suppliers :)

]]> c6907f5a5dd7e9881cca560938a08365 RenoTeam replied to the topic Insight Investment SCAM or What??? in the forum Heads Up! https://www.propertyinvesting.com/topic/4391172-insight-investment-scam-or-what/#post-4575946 Tue, 10 May 2011 15:01:45 +0000 Was asked if i knew this company only last week…. thanks for the information, I’m passing it on… much appreciated :)

]]> 2e8abdfe9bcd2874487cbea8b1cb93c5 RenoTeam replied to the topic Renovating in rural areas. in the forum Value Adding https://www.propertyinvesting.com/topic/4403553-renovating-in-rural-areas/#post-4647215 Tue, 10 May 2011 14:57:49 +0000 Nice work on the reno budget, did you do a lot of the work yourself? :)

]]> 3c53f1254217cb02cc3e344edf978349 RenoTeam replied to the topic When do you think the next boom will be in the forum Help Needed! https://www.propertyinvesting.com/topic/4403538-when-do-you-think-the-next-boom-will-be/#post-4647121 Tue, 03 May 2011 13:23:37 +0000 JacM wrote:
Am I the only person that thinks chasing booms is not ideal?Why not simply look at the history of an area, current factors (eg floods), and forthcoming infrastructure?

Nup you’re not the only one at all JacM – We profit year in year out regardless of where the market is at :)

]]> 9e10acacbc915d6a49a6e61cb1475385 RenoTeam replied to the topic How to avoid a kick in the teeth in the forum Help Needed! https://www.propertyinvesting.com/topic/4403533-how-to-avoid-a-kick-in-the-teeth/#post-4647083 Tue, 03 May 2011 13:22:15 +0000 Good to see you put your foot down Wanderwoman. Will have a wine to celebrate for you :)

]]> ee55d4bcc4c51a624ebd64765b48b6b0 RenoTeam replied to the topic newby needing townhouse development advice in the forum Value Adding https://www.propertyinvesting.com/topic/4403502-newby-needing-townhouse-development-advice/#post-4646915 Tue, 03 May 2011 12:56:27 +0000 We’d direct you to Troy Harris on this forum – or his site http://www.rookiedeveloper.com.au :)

]]> 93714ed929a00e397153b2baac5fda85 RenoTeam replied to the topic When do you think the next boom will be in the forum Help Needed! https://www.propertyinvesting.com/topic/4403538-when-do-you-think-the-next-boom-will-be/#post-4647119 Tue, 03 May 2011 12:54:14 +0000 Sorry, no crystal balls here & lotto tickets are a waste of cash.

]]> 60228359ea350e8ea6369cfeab31ef05 RenoTeam replied to the topic How to avoid a kick in the teeth in the forum Help Needed! https://www.propertyinvesting.com/topic/4403533-how-to-avoid-a-kick-in-the-teeth/#post-4647076 Mon, 02 May 2011 13:43:32 +0000 We take videos as well as photos :) I;m now wondering what the toilet seat replacement will cost… and you’re so right, they’re the last thing you’d check when inspecting! Yep lock the gates and ask for monies for the seats before handing over pots…. maybe you could sell the pots on ebay?

]]> b79beaf15aa5b2187c8e87ad8931e49e RenoTeam replied to the topic One of the most amazing people I have ever met in the forum General Property https://www.propertyinvesting.com/topic/4403503-one-of-the-most-amazing-people-i-have-ever-met/#post-4646928 Mon, 02 May 2011 13:30:21 +0000 It’s amazing how many amazing & also very underground “wow” investors are out there :) Hope to see Carol in the forum soon :)

]]> 456ad66c2f02c7f1a27a81525d5495da RenoTeam replied to the topic Tale of woe - Very high debt - short sale in the forum General Property https://www.propertyinvesting.com/topic/4403531-tale-of-woe-very-high-debt-short-sale/#post-4647070 Mon, 02 May 2011 13:24:40 +0000 As much as you are in doo doo, by posting your situation here and being so honest I am sure you will help others looking to do the same type of deal in the future. It doesn’t really help you out I know, but karma works in strange ways. Don’t be hard on yourself either, you’ve come to the right forum to find solutions, there are some mighty smart…[Read more]

]]> 9d95db431b36cbd80fcfb6bb3ff16a2e RenoTeam replied to the topic Granny Flat in the forum Value Adding https://www.propertyinvesting.com/topic/4403481-granny-flat-3/#post-4646802 Fri, 29 Apr 2011 01:04:46 +0000 Before getting plans drawn, go into your local council and chat to them about your plans, it can save many a hassle!

]]>