appreciate the advice Jac, Im basically trying to get finance setup, to a set amount, say 400k, so that I can start to shortlist some properties and have the option to put in an offer or deposit, without having to go through all the approval process after I have put in an offer…I figure this is the logical way to do it?

cheers

thanks for your help, sounds like this is the norm, terry, I thought a lot of the contract was bad english, I will read everything in depth now I think.

the main thing im worried about is clause 2- due to me working away in isolation for weeks at a time and the IP purchase being interstate, It may be a challenge to find let alone purchase an IP…[Read more]

Tiddy Widdy Beach SA for sure, oh hang on I already have…can ride the dirt bike into the dunes on the left, launch the boat off the beach straight ahead and 3km to the pubs n shops…

Im guessing clause 1 would mean as soon as the loan is conditionally approved, I only have 40 days to sign a finance contract? thats the way i read it anyway?

thanks

i would like to see the pics too cheers- waydo77@hotmail.com

ok so have finally found rental yields and rental rates in graph form, this sites pretty handy, even has yields for each number of bedrooms per house handy stuff, not sure of the accuracy..

http://www.suburbview.com/view/qld/emerald/4720/rent/report/rent+yields+3+months

thanks saffy,
im thinking about ringing some local holiay rental places to find out demand and likely vacancy, Do you offer some kind of specials in the low periods like pay 5 stay 7, or half price in winter? Im hoping with a bit of thoughtful advertising and decent staged photos I can get the vacancy rate a little lower than the norm.

The place…[Read more]

looking at renting my coastal property in south aus, what is the best and most accurate way to find out holiday vacancy rates?

cheers

thanks NHG found vacancy rates and stock on market at sqmresearch.com.au, will ceck out your links.

I look in the back of property mags, but im looking for stats where I can see graphs to look at trends..

cheers

seems your in the know josh, where do you gain such insightful knowledge?

hey lefty

nothing as of yet, but plan to make a trip up there in the next couple of months to investigate further..

cheers

does anyone know if the council allow granny flats in mackay?

i swear i read somewhere the other day that investment in mackay had exceeded gladstone? is this correct, they may have been talking about planned investment mind you.

I am looking at renovating or possibly small development opportunities in mackay hopefully by the end of the year? does anyone believe this a good area for it considering the…[Read more]

hey lucky,

I like your idea of telling them upfront you will be getting 3 quotes and taking the best one. will use that next time.
As for the shed size its 30ftx40ftx12ft high so its not that small, that quote only includes building the shed.

I already haggled a fair bit and got about 10 quotes for the manufacturer for the shed but if I had…[Read more]

hey catalyst, went to one in melbourne a couple weeks ago, looking at some of the people there rushing to get “the first 20 people there” deal price, you could almost spot the ones that had done their research and the ones that had been convinced during the seminar. I myself would not go off one guys word for it and a money back guarantee I need…[Read more]

Truly believe honesty with the quoting will get me further, as you said ashley.
thanks for your help, wisepearl is onto something there. I think I’ll use wisepearls wording as a basis and see how I go with another quote, pretty sure when most places quote something they leave room for a bit of negotiation anyway. will update with the outcome, cheers guys!

basically I believe the more expensive quote (4200), does offer better quality, yet the other quote (3350) is a company I am unsure of the quality. I am basically after some advice on wording to use and the best way to negotiate to a lower price similar to the cheaper competitors.

thanks in advance

I would have to say a property Investment firm/ mentor program would be the way to go but only if you are time poor, if you believe u have at least an hour a day over the next 6 -12 months for self education ( books,research and the acquisition of your first property by yourself) then I’d go at it alone, go to the investment networking groups also…[Read more]

awesome thread, does anyone know if council allow granny flats to be built at the rear of properties in emerald and mackay?

Has anyone successfully done this? if so what was build cost and rent/yield afterwards?

is this worthwhile for increasing the yield or are they not in demand? seems not many 1 bedders up for rent in these areas?

thankz

basbog are you talking about building? I was just referring to the cost to subdivide one block into 2?
thanks