PropertyInvesting.com | Trev71 | Activity

Trev71 replied to the topic Need help - fixing/updating internal walls in the forum Value Adding

Tue, 07 Dec 2010 13:28:21 +0000

Hi Corvus,The last thing you would want to be doing bogging the joint gaps and sanding it back along with the (possibly asbestos) sheeting. Could you remove all cover strips and choose one size that is wide enough to cover the largest size removed…that way they would all be uniform and probably look better.Regards,Trev

Trev71 replied to the topic Toowoomba Villas in the forum Help Needed!

Fri, 08 Oct 2010 20:31:38 +0000

Hi Wezwaz,Centenary Heights is a cheaper suburb so unless the townhouse is new it doesnt sound like it would representgood value. Im sure the rent would only be around low to mid $300's. So I think your inkling is right in that its overpriced.Wilsonton is also another cheaper suburb of Toowoomba and thats where you can find some real…[Read more]

Trev71 replied to the topic Any info on NRAS housing in the forum Help Needed!

Wed, 06 Oct 2010 12:14:24 +0000

G'day Rod,Ive also been looking into this as well for a while now. Seems like a great scheme but all realestate ive seen offered seems over inflated in price. Its as though developers are taking advantage of this situation and are able to ask higher pricing as yields are better which in turn counteracts the NRAS payment. Ideally if you could find…[Read more]

Trev71 replied to the topic Investing in Chinchilla in the forum G'day Alex,Drop me a line at

Wed, 01 Sep 2010 10:01:50 +0000

G'day Alex,Drop me a line at mercury1@tpg.com.au and i'll send you back some info on how to research the area a bit better.Regards,Trev

Trev71 replied to the topic Investing in Chinchilla in the forum Help Needed!

Wed, 01 Sep 2010 09:40:59 +0000

Hey Alex,When you say this will be your first investment property does that mean you already own a home ??? Just wondering if you will be taking first home owners grant into consideration or not. The banks wont taketenants into consideration for loan serviceability. I guess one draw back with your situation would be that all the renovation work…[Read more]

Trev71 replied to the topic OK so I finally found a cash+ property, but I am a bit worried. Is outback Australia a good or a bad thing ? in the forum General Property

Mon, 30 Aug 2010 09:23:14 +0000

Hey I don't think capital growth is out of the question just because it is regional….we bought our first house way out west for $54,000 in small community of just 3,000 people….no mining either only farming and gov. departments….its worth about $220k now…wish we kept it…lesson learned. So I wouldnt write it off just because of where the…[Read more]

Trev71 replied to the topic DA approval - Toowoomba in the forum Help Needed!

Fri, 23 Jul 2010 10:16:41 +0000

We are looking at doing similar here in toowoomba….have been told that council and related fees can be in the vicinity of 80k but havntlooked too far into it yet…send me a private message if you wish to share ideas and experiences

Trev71 replied to the topic Stamp Duty reduction for owner occupier in the forum Help Needed!

Mon, 29 Mar 2010 08:23:45 +0000

Thanks Qlds007….I just downloaded form OSR – D2.1 (Application for Home Concession) and yeah it says you must notdispose of the acquired property within one year. (It mentions Leasing would be classed as disposing of ) So basically youmust occupy within a year for a period of no less than a year. This is different from what I read on the ATO or…[Read more]