I agree that finance and accounting can be completed over email/phone for the more experienced investor, once a relationship has been developed.

A face-to-face meeting, and a step by step explanation of the process, is INVALUABLE for a newbie to the game.

The professionals on this forum…[Read more]

We have for our PPOR but luckily we have a cabinet maker in the family.

We choose to go the cheap option, however, and replace only a few cabinets, reface the existing cabinet doors and install new handles, new laminate benchtops, sinks, and appliances.

I ripped out the old tiles and learnt how to tile myself. Total cost under $3000.…[Read more]

We find white paint, new blinds and carpet can transform a property. This can be achieved for under $2,000 for a 3 bedroom house.

And like JacM says above, be prepared for some elbow grease if you buy a property under value. Basic landscaping can give a property street appeal which I think is very important for tenant appeal and re-val…[Read more]

As an investor, I love reading about real property deals. The portfolio statistics, as printed in API, or the ‘real deals’ as presented in Matt Jones’ property investment meetup. Just a few examples.

So here are the details of our latest purchase. Feel free to add to the discussion with your latest deals and the figures they…[Read more]

I just gave it a go and nothing happened. Property address and price was used.

Could it be due to the fact I was working off an iPad?? Or maybe the format I placed the details in?

I’m interested in giving it a go. You could include an example of how to add details to assist clients.

Good luck

“Rock on, young man” No…[Read more]

What gets me is the lighting. Dark patches when you’re trying to see the house is extremely…[Read more]

A late reply – property can’t occupy our every thoughts now can it? ;)

@Jamie-M I’ve seen you mention the $20k reno a few times. That must have really stung. Obviously your business in doing great guns and you have yourself a bloody nice place to shower, s..t and shave every morning!

@CjaySA Thanks for your comments. Spot on. Cheap,…[Read more]

A late reply – property can’t occupy our every thoughts now can it? ;)

@Jamie-M I’ve seen you mention the $20k reno a few times. That must have really stung. Obviously your business in doing great guns and you have yourself a bloody nice place to shower, s..t and shave every morning!

@CjaySA Thanks for your comments. Spot on. Cheap,…[Read more]

When you’ve finished with your brushes/rollers/paint in tray, and you know your gonna use then again shortly, stick them in a plastic bag and in the fridge. Works a treat and if your like me and hate washing up and choose to throw good rollers away, also saves…[Read more]

Purchase price: $370,000

Renovation: Under $5,000 (full intinery of costs to come)

Rent:$420 p/w

After Reno valuation: TBA (current estimates…[Read more]

You crack me up! How to skin a freckle. Ouch!

Thanks for your time in commenting. You have definitely got me thinking about PI strategies and US real-estate in a very different light.

Cheers

The ‘hypothetical’ speculation was written purely to contrast the fact there is no point hoping to make money in some US real-estate off capital appreciation. If there was to be a 3 year boom in Mid-west real-estate you would make next to nothing compared to the average growth in…[Read more]

Thanks for your reply. Cash flow is king – catchy phrases and royalist words..

That’s really interesting to read. I don’t think I have once read that ‘in print’ from a US based investor. I guess that negates some of the risk of investing in property. All you need is for the US economy to ‘hold in there’ :)

Percentages are only…[Read more]

It got me thinking though.

Assuming initial purchase cost $12000 + $10000 Reno = $22000

Revalue $40000 upon completion.

Lets say the Toledo property goes up 10% per year for the next 3 years, compounded. You make around $15k in unrealised capital gain on top of the $18k after the reno.

Is this worth all the time…[Read more]

https://www.dropbox.com/s/ufe8g4za7gbgsyw/Property%20Spreadsheet.xlsx

Cheers

After using the new site for a few months I have to say that ‘visually’ you have nailed it.

I’m still getting my head around the coding used for forum posts, but once accessed, the ability to quote, post youtube clips/images etc, is very effective. My guess is for someone new to the site, or with limited IT skills, contributing in this…[Read more]

Ummm, well, its a nice pen. Ahhh, Ahhh, you can use the pen to write down thoughts from your life..

“Sell me this pen”

Well, this pen works.. And I personally love this pen…

I have to say your argument is losing traction. Those high level investors that are sitting on the sidelines, and supposedly have been since your…[Read more]

Are we not due a dose of ‘reality’ Cat? I know your on the tools but with so many international doomsday markers popping up I’m sure your tempted to throw out a few stats. Seems that even with plunging iron ore prices, IMF downgrading, manufacturing losses, we seem to be absorbing any impact..

And as super said before. Your failures make you stronger. As long as…[Read more]

His mug features more than the building. No logos. The usual thong get-up.

The appeal lies in the laid-back approach. Yes it strays away from traditional business models (of which I know minimal about), but then again…[Read more]

The Sunny Coast is starting to appear more frequently in the mainstream media.…[Read more]

I have to say the bartering is my favourite part of the process. Psychology and money. Technically you do charge a…[Read more]

You’d think Nathan should have a few dollars behind him to pay people to sort the ‘business’ side out? And he must know a little about leveraging by now…

Although as you’ve stated previously…[Read more]

So Engelo standing in front of the camera was shielding the progress? Pretty sure he was pointing it out.. Videos have to be entertaining and yes, target the emotions, but that doesn’t have to necessarily get in the way of the finer detail. IMO, they go hand in hand. This is business, and Engelo is trying to promote himself just as much…[Read more]

So Engelo standing in front of the camera was shielding the progress? Pretty sure he was pointing it out.. Videos have to be entertaining and yes, target the emotions, but that doesn’t have to necessarily get in the way of the finer detail. IMO, they go hand in hand. This is business, and Engelo is trying to promote himself just as much…[Read more]

For $500 Australian get yourself a gopro and shoot in 1080P or 4K (will be slow but well worth it as video processing technology catches up). They would have to be a hell of a lot cheaper in the US??

I completely disagree. Do you honestly think people…[Read more]

For $500 Australian get yourself a gopro and shoot in 1080P or 4K (will be slow but well worth it as video processing technology catches up). They would have to be a hell of a lot cheaper in the US??

I completely disagree. Do you honestly think people…[Read more]

For $500 Australian get yourself a gopro and shoot in 1080P or 4K (will be slow but well worth it as video processing technology catches up). They would have to be a hell of a lot cheaper in the US??

I completely disagree. Do you honestly think people…[Read more]

http://www.propertyobserver.com.au/finding/location/qld/32084-two-tiered-queensland-market-as-mining-towns-sluggish.html

The last few months I have been using a Landscape Gardener called Rob Anderson from Stand Sure 0417 609 350. He services both Brisbane and the Sunshine Coast.

The guy takes service to the next level. He is reliable, knowledgable, fast, does an…[Read more]

There’s nothing like both signing the docs on your first loan together though.

Thanks for all your help in advance forumites!

http://www.propertyobserver.com.au/forward-planning/investment-strategy/market-trends/32049-sunshine-coast-recovery-has-been-a-long-time-coming-2.html?utm_source=Property+Observer+List&utm_campaign=f6a3363fa5-05_June_2014&utm_medium=email&utm_term=0_a523fbfccb-f6a3363fa5-245377157

Interesting to see the…[Read more]

Good to hear you got in early – if…[Read more]