PropertyInvesting.com | Rodeo 98 | Activity

Rodeo 98 replied to the topic Has anyone had conservative/low valuations of late? in the forum General Property

Tue, 18 Mar 2008 12:47:48 +0000

Hi Hybrid ,Banks usually have a list of valuers they use . You can ask who is on their board of valuers and try another valuer . (will cost ) .The banks sometimes won't be too happy to do this . If you have supporting evidence as to what the property is worth it can help . If you can be on site at the time of the valuation it can also be w…[Read more]

Rodeo 98 replied to the topic investing in units instead of houses in the forum Help Needed!

Mon, 10 Mar 2008 12:21:34 +0000

Hi Grease Monkey ,The most common thought with realestate investing is that land goes up in value and buildings go down . The amount of land that you "own" with a unit is quiet small . Having said all of that units can be reasonable investments . There are hidden costs like body corporate fees that jump to mind . Other costs can be building…[Read more]

Rodeo 98 replied to the topic Subdivision Cost - help!!! in the forum Value Adding

Sat, 08 Mar 2008 23:33:16 +0000

Hi Lucky ,Here is a breakup of one we have just done in Qld .Sewer and stormwater to council specs (43 Metres ) $25000 .Underground power $12000Council fees …[Read more]

Rodeo 98 replied to the topic how much did you spend renovating your bathroom? in the forum Value Adding

Sat, 08 Mar 2008 13:53:11 +0000

Hi Picnic ,I have done a few bathrooms , both reno and complete new ones . Your $2000 is probably a bit skinny but not impossible . The important thing is to be practical with the location of the fixtures . Think in advance about the sewer pipe and the drains from the bath ,shower and vanity before you start . Maybe talk to a plumber and get them…[Read more]

Rodeo 98 replied to the topic Only 19, but I have a plan! How do I begin? in the forum Help Needed!

Sat, 08 Mar 2008 13:07:46 +0000

Hi TourMaline ,To wait maybe 10 years to start is probably counterproductive for you . If your parents are agreeable you could use the equity in their house now . A line of credit on your parents property could let you do a deal with your parents and maybe not use any of your own money . If you bought in a cheaper area and did a renovate and se…[Read more]

Rodeo 98 replied to the topic Buying before 20 in the forum Hi Kean , You are in such a

Sat, 08 Mar 2008 11:22:22 +0000

Hi Kean ,You are in such a strong position because of your age . That may sound funny but you can acumulate so much knowledge by the time you are 18 yo .My son bought his first house at 18 . The things the bank look at are basicly set in stone . Do you have a permanent job . Permanent casual is ok . Can you make the repayments ? . General rule…[Read more]

Rodeo 98 replied to the topic Can an Easement running along a fence line impact on DA to subdivide a block?? in the forum General Property

Sat, 08 Mar 2008 04:38:29 +0000

The Local council would be able to tell you for sure . Do you know what the easement is for ? Is it actually a registered easement ? Usually ,to build over an easement is a hassle to get all the approvals . Regards Rodeo

Rodeo 98 replied to the topic PM signed up at tenant at incorrect rent!!! in the forum Legal & Accounting

Tue, 04 Mar 2008 16:01:50 +0000

The agent can't legally rent it without a written and signed agreement . One way out maybe for them to drop their commission for 12 months . The commisson is normally 8% plus and they add postage and petties to this as well . You would come out about where you wanted to be . This maybe less painful for them than you going through the realestate…[Read more]

Rodeo 98 replied to the topic Mortgage broker on Gold Coast-help needed in the forum Finance

Sat, 04 Aug 2007 13:53:02 +0000

Hi Greenjoy ,Have you tried ASAP Financial Services ? I have used them and found them ok