Total Members: 158,314

Suri007

  • Suri007 started the topic dual occupancy builder in the forum Help Needed! 8 years, 7 months ago

    Can anyone recommend a cheap dual occupancy builder in Melbourne please. Thanks.

  • Suri007 started the topic Dual occupancy and sub division in the forum Help Needed! 8 years, 7 months ago

    Hi,

    I bought a property with a fairly large land in Croydon North, Vic.
    I want to develop two townhouses in the back and when that is done, demolish the existing house and build two more in the front.

    A Project Management company has quoted me 100k (I could be wrong but I think that’s what their excel spreadsheet says) to manage the process…[Read more]

  • Suri007 replied to the topic Bought a house – feeling like I mad a mistake in the forum Help Needed! 8 years, 9 months ago

    i bought at auction so no way out. i have it on good authority if i develop 2 townhouses in the back, i could make around 300-400k from the deal. problem is i bought over my budget and development costs money and is time consuming. i’m not sure how i’ll support the loan and the development for the time it takes. i could subdivide the land. that’s…[Read more]

  • Suri007 replied to the topic Bought a house – feeling like I mad a mistake in the forum Help Needed! 8 years, 9 months ago

    i bought at auction so no way out. i have it on good authority if i develop 2 townhouses in the back, i could make around 300-400k from the deal. problem is i bought over my budget and development costs money and is time consuming. i’m not sure how i’ll support the loan and the development for the time it take. i could subdivide the land. that’s a…[Read more]

  • Suri007 started the topic Bought a house – feeling like I made a mistake in the forum Help Needed! 8 years, 9 months ago

    I’ve been looking for an investment property for ages and found one in croydon – big land – 1500sqms for 700k.
    i feel like i got pushed in a way to buy it for way over my budget.
    Is croydon worth that much if it fits 2 townhouses in the back?
    Feeling super anxious and scared :(

  • Suri007 started the topic Bought a house – feeling like I mad a mistake in the forum Help Needed! 8 years, 9 months ago

    I’ve been looking for an investment property for ages and found one in croydon – big land – 1500sqms for 700k.
    i feel like i got pushed in a way to buy it for way over my budget.
    Is croydon worth that much if it fits 2 townhouses in the back?
    Feeling super anxious and scared :(

  • Suri007 started the topic Bought a house – feeling like I mad a mistake in the forum Help Needed! 8 years, 9 months ago

    I’ve been looking for an investment property for ages and found one in croydon – big land – 1500sqms for 700k.
    i feel like i got pushed in a way to buy it for way over my budget.
    Is croydon worth that much if it fits 2 townhouses in the back?
    Feeling super anxious and scared :(

  • Suri007 started the topic Family Trust or under my own name? in the forum Legal & Accounting 9 years ago

    Hello,
    I have a questions regarding how to structure investments in property.
    I work and make a pretty decent income but I am consulting which means I could be out of a job in next to no time.
    I want to get into property again and am not sure how to structure my investments to reap negative gearing benefits of my income while I hold a job and…[Read more]

  • Suri007 started the topic Property investment research tools in the forum Help Needed! 9 years, 3 months ago

    Hi,
    I have decided to develop property.
    Are there any research tools out there that I can use to work out if an area or type of development is good?
    I mean in the form of websites, spreadsheets, etc?

    I know realestate.com.au and while it gives suburb profiles, it is one suburb at a time.
    Is there something I can use that gives a wider…[Read more]

  • Suri007 replied to the topic Not Property related – buying Car related in the forum Help Needed! 10 years, 5 months ago

    I'm in Melbourne.

  • Suri007 replied to the topic Urgent advice needed PLEASE!! in the forum Help Needed! 10 years, 8 months ago

    Thank you everyone!!! 

    I didn't put in an offer after driving all the way down there and cutting my work day short. I didn't feel right about it from the start but I was succumbing to the push of the estate agent. Boy is he good. 

    But when I was sitting there, I realized building 2 decent townhouses would cost me around 220+ each. I wasn't going…[Read more]

  • Suri007 replied to the topic Pooling funds in the forum Help Needed! 10 years, 8 months ago

    I can afford to buy a house outright in some surburbs. But for investing I am not familiar with those suburbs and can't trust investing everything I have in a place that I don't know. I want to invest in suburbs that I know, grew up in and understand. But in these suburbs I am would be happy to get a one bedroom place for 400k.

    For example, there…[Read more]

Suri007

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