Footing inspection – below ground….. Without destructive testing it may be a little bit difficult to get someone to sign off on it. Was it an owner-builder or a builder who did the work? Did they take out home warranty insurance? Is it more than 7 years old? Have you contacted the department of fair trading regarding your rights? Did you have a…[Read more]

Speak to your financial advisor/accountant as above. Consider that you use only half of your money to buy, the other half to sit in an off set account (to minimise your interest paid). Depending upon your tax situation you may enjoy tax benefits as well.

Weigh up the following: how long can you fund a vacant property against (replacement of tenant) vs a small increase which the tenant will swallow (tied up with a new lease of the property). Unlike a commercial lease, the tenant does not have any investment (fitout) tied up with the property and will come or go as they see fit.

It is difficult to work in generalities. Just as no two properties are alike no single set of data is going to represent what you want without doing a fair bit of research yourself. That is, hone your search to a small radius of say 3km. Then, if you are interested in say older style 2 bedroom home units, you will have to scour the sales data…[Read more]

It will be if you can slap a caveat over his land to prevent him from developing until he has paid you…

It is a specalist area in new works however, in the case of residential, generally, regardless of what has been carried out and to whom you are selling it is the vendor who wears the gst component ie if you refurbish, you have paid the gst in the purchase price of the labour and materials used and it stops there. The purchase buys at the…[Read more]

Have you tried contacting your service provider? eg Sydney Water, Gosford Council etc? Speak to their plumbing dept – act dumb ie my sewer has blocked further down the line ie off my property When can you fix it?

No Shady, it is a current post by an old and crusty member.

PM me if you need pointers (I'll back up my background off the forum).

In NSW there is no requirement for residential owners to remove asbestos products. Conversely, all commercial building owners are required to have a register of contaminated products (eg lagging, vinyl tiles, switchboards, fascias, cladding, roofing etc). Even when the material is in poor condition (friable state) it is workcover which may…[Read more]

The cost for the removal of an AC roof is not that dramatic – call up a couple of roofing contractors either for a quote or an estimate that way you wil know how much you will be your exposure should you decide to replace the roof. It is a simple process, they spray the roof with a pva sealer then take the sheets down & dispose at an assigned tip.…[Read more]

It works on a scale of fees – you will need to check your council's website or speak with the planner on the desk.

Not too bad considering Blacktown is a hell of a lot closer to the city than Campbelltown. It is on a train line as well as busway.

Rent free is a common incentive however it would depend upon demand and vacancy rates at the time – last few industrial units that I have dealt with have been done without any incentives.

Study1, you may be looking long and hard to find a decent 2 bed unit sub $450k in those LNS areas nominated, possibly around that price in Lane Cove North but usually 2bed/1 bath.Areas that you could consider for a house would be Toongabbie/Seven Hills/Blacktown all on a train line. Middle distance western suburbs which have taken a large hit with…[Read more]

Lodge your DA with council, if they object the council officer will inspect the site or knock the objections on the head. On what planning grounds are they objecting? The mere fact that they can see it does not constitute a valid objection – views are not protected under the law (unless of course they are significant and a dimunition will affect…[Read more]

Magnus, which course are you studying & at what uni?

I'd still stick with my previous advice – go for the larger block without affectations, this will be easier to sell at a later date esp if the additional land is only going to cost $15k

Generally, you can get the proposal through DA without subdividing but when it comes to selling the blocks individually they will require their own services and driveway access (probably concreted unless there is direct street access to the newly created block). It is not a case of money for nothing you will need to carry out the improvements to…[Read more]

Consider purchasing in a different area of Sydney – 35 km (liverpool or beyond). Change your mindset – you can buy an older fibro house around Blacktown/Seven Hills/Toongabbie/Bankstown/Yagoona/Sefton and possibly Baulkham Hills/Castle Hill/West Pennant Hills around $500k on a large block. Sure you may have to do some work to the house but by t…[Read more]