PropertyInvesting.com | waynel2 | Activity https://www.propertyinvesting.com/members/waynel2/activity/ Activity feed for waynel2. Wed, 15 Apr 2026 05:18:37 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 ed358c73b7e2999b479ea4d29aa1ed90 waynel2 replied to the topic Urgent finance help needed! want to make an offer... in the forum Finance https://www.propertyinvesting.com/topic/4399105-urgent-finance-help-needed-want-to-make-an-offer/#post-4619237 Sun, 14 Mar 2010 03:50:30 +0000 Hi Richard,Please could you expand on this?  Which one would you have at 60% and which one at 80%?And if currently we arn't currently able to get a loan at 80%, why would we be able to in what your proposing?thanks for the feedback:)RgdsWayne

]]> ae6baad56c5bd832f583bf42d5fc0684 waynel2 replied to the topic Urgent finance help needed! want to make an offer... in the forum Finance https://www.propertyinvesting.com/topic/4399105-urgent-finance-help-needed-want-to-make-an-offer/#post-4619235 Sat, 13 Mar 2010 23:01:28 +0000 Hi Richard,I assume you were meant to say "why you wouldn't" get finance…?The issue at the moment is that using the 60% rule, the banks will only lend us $665,000.However, we also need an extra $75,000 to pay off the LOC and $31,000 for stamp duty and fees.This leaves us $106,000 short.cheersWayne

]]> 22ef31115ab83068ecd2632f82c82892 waynel2 replied to the topic Mortgage Brokers - can this be done? in the forum Finance https://www.propertyinvesting.com/topic/4398915-mortgage-brokers-can-this-be-done/#post-4617948 Tue, 02 Mar 2010 11:21:48 +0000 yes – the building side of things is something I've been looking at.  Again, within metro my problem here is that the holding costs just for the land itself wouldn't be viable and time to build the property is also an issue.One thing I have been looking at is building a kit home on a cheap block of land in regional country areas.  This way the h…[Read more]

]]> 4ba1d04ea414eaa6f543cf91e636eac1 waynel2 replied to the topic Mortgage Brokers - can this be done? in the forum Finance https://www.propertyinvesting.com/topic/4398915-mortgage-brokers-can-this-be-done/#post-4617946 Tue, 02 Mar 2010 10:59:24 +0000 Cheers Richard!Terry, i see where your coming from though in my scenario I'm trying to structure an income based portfolio that will allow me to increase my income.  With this increase in income I then plan to migrate from working as a roof plumber to investing/renovating/developing property on a full-time basis – hence requiring such a yield.

]]> 3189c809ff8e82eca562e7677bc2f9b1 waynel2 replied to the topic Mortgage Brokers - can this be done? in the forum Finance https://www.propertyinvesting.com/topic/4398915-mortgage-brokers-can-this-be-done/#post-4617943 Tue, 02 Mar 2010 10:15:53 +0000 Hi Guys,Thanks for your detailed responses. Great to hear that loans with 80% LVR are available.TerryW – what you are saying seems to make a lot of sense.  I guess this is what Richard has touched on by saying to avoid "cross collateralisation".  If I structure it how you've mentioned then this would be easy for me to sell my PPOR and not have t…[Read more]

]]> 5f61b4a8d3bc61db75c5aad22cf938e8 waynel2 replied to the topic Mortgage Brokers - can this be done? in the forum Finance https://www.propertyinvesting.com/topic/4398915-mortgage-brokers-can-this-be-done/#post-4617940 Sat, 27 Feb 2010 02:16:37 +0000 Hi Spiro,Thanks for your feedback.1. Serviceability – yes, i thought this would be a problem.  As I'm a sub-contractor and run my own business I've heard that banks aren't comfortable lending over 60%.  If you keep your LVR under 60% do banks even look at your income?  I've heard that if you go for a Low Doc that you sign a declaration or so…[Read more]

]]> cb68f7b1ee5c1bc89d4e8e2486994742 waynel2 replied to the topic Floor plan software for owner builder in the forum Help Needed! https://www.propertyinvesting.com/topic/4397862-floor-plan-software-for-owner-builder/#post-4611655 Fri, 20 Nov 2009 21:46:39 +0000 Hi Guys,Thanks for your replies.  My friend is moving to Queensland soon and we will be mostly communicating via email.  As he's doing it as more of a favour for us we wanted to provide him with my detail as possible so he doesn't have to do too much work.Steve -the smartdraw looks pretty good – I'll download a trial version and see how we g…[Read more]

]]> cecee4c0fd03b3d7f24126edd0c51f1b waynel2 replied to the topic Adding internal walls? in the forum Hi guys, Thanks for the https://www.propertyinvesting.com/topic/4396005-adding-internal-walls-2/#post-4602471 Mon, 20 Apr 2009 21:44:40 +0000 Hi guys,Thanks for the replies.  Yeah – I spoke with the council and any structural additions you need to get council approval for.  If you are replacing existing walls that's fine – you don’t need approval for this.You also only need a license if the cost of the work carried out is above $20,000 (eg, your owner builder license).rgdsWayne

]]> cc6a17ac0988f3b9031230d63dd4c69c waynel2 replied to the topic Finance for a sole trader in the forum Finance https://www.propertyinvesting.com/topic/4392666-finance-for-a-sole-trader/#post-4584444 Tue, 18 Mar 2008 11:48:19 +0000 Hi Guys,Thank you for your feedback – much appreciated.Yes – I'm currently earning an average wage of $800 p/w and have been writing tax invoices for all my work so I will be claiming this at the end of the financial year – which I guess I can then use as proof of income.  In the meantime I assume it's good to keep a full record of accounting e…[Read more]

]]> d080c6df8d71aa02dbd5ce60e20406bb waynel2 replied to the topic GST and our Commercial property in the forum Help Needed! https://www.propertyinvesting.com/topic/4390572-gst-and-our-commercial-property/#post-4572769 Sun, 26 Aug 2007 11:44:55 +0000 Hi Crj and Geoff,Crj – thanks for the detailed reply – much appreciated!Now I have a better understanding I'm just filling out the online ATO forms to apply for an ABN and register for GST:)As there is myself, my partner and my parents involved I was told we should setup a family partnership then just get one ABN for the parthership rather than…[Read more]

]]> 8c1dea20ab99e0610de744a31659c4b3 waynel2 replied to the topic GST and our Commercial property in the forum Help Needed! https://www.propertyinvesting.com/topic/4390572-gst-and-our-commercial-property/#post-4572765 Fri, 24 Aug 2007 12:42:52 +0000 hi guys,thanks for the feedback.  CRJ – so your saying that if we have a tenant the buyer wouldn't have to pay the GST, and if we don't have a tentant they would have to pay it? If we go down this path of finding a tenant first, do you think we would be narrowing our market to "investors only" rather than "owner occupiers"?And in this case if we h…[Read more]

]]> 1d50e4eb376abf9bc2f25b85baeff0b4 waynel2 replied to the topic My first Commercial Property! in the forum Help Needed! https://www.propertyinvesting.com/topic/4390133-my-first-commercial-property/#post-4570359 Tue, 10 Jul 2007 07:55:45 +0000 Hi Elka & hallg,Hallg – Looks like your doing alrite out of yours! a 9.6% return is fantastic.Elka, cheers for those links.  I'll have a read through them tonight.Yes, its a its a factory unit/showroom approximately 90sqm, with a 20sqm office on the 2nd level.Unfortunately now the agent has the the O&A signed he hasn't been to helpful with the…[Read more]

]]> 7c5f3b7f5b746c613fa6520f62654c2b waynel2 replied to the topic My first Commercial Property! in the forum Help Needed! https://www.propertyinvesting.com/topic/4390133-my-first-commercial-property/#post-4570356 Mon, 09 Jul 2007 11:58:04 +0000 Hi Elkam & Hallg,Thanks for the replies.  I have contacted a Commercial PM and am waiting for him to return my call.  If you don't mind me asking, what yields are you getting on your properties?Also, I've heard it's common for rents to be worked out on a sqm basis.  Do you think this would apply more to offices, rather than units?  Here's a pic…[Read more]

]]> 75d5e2c1edf0db063d149cd4311589c6 waynel2 replied to the topic My first Commercial Property! in the forum Help Needed! https://www.propertyinvesting.com/topic/4390133-my-first-commercial-property/#post-4570353 Mon, 09 Jul 2007 06:51:05 +0000 Hi Hallg,Thanks for the reply.  Yes, the unit is actually located one street away from residential housing, therefore I suspect this is why such a restriction has been put on them.  I'll give the City of Wanneroo a call to see if they can give me more details.I've actually just come across a map of the p…[Read more]

]]> c64fce39d64b40dcb47da00efdcc905a waynel2 replied to the topic My first Commercial Property! in the forum Help Needed! https://www.propertyinvesting.com/topic/4390133-my-first-commercial-property/#post-4570351 Mon, 09 Jul 2007 02:26:21 +0000 Hi Hallg, Thanks for that.  I will ring around and get some feedback.  One thing I'm a little concerned about is a few special conditions in the contract.  There are as follows;  This offer is subject to the buyers approval of the Sellers Special Conditions.This offer is subject to the buyers approval of restrictions of used issued by both the…[Read more]

]]> 14e5f4b0ac2d31572a81b51a763d4d06 waynel2 replied to the topic Cairns, the property bubble waiting to burst ! in the forum General Property https://www.propertyinvesting.com/topic/4389929-cairns-the-property-bubble-waiting-to-burst/#post-4569353 Tue, 19 Jun 2007 13:02:36 +0000 hhmmm – this is an interesting post.  I've been looking at Cairns and compared to Perth it's quite attractive – though i guess you could say that about most other states!  The rent returns seemed quite reasonable, though I guess this is because Cairns is more of a "volatile" region/city.

]]> c72e923e66df0d88d8917097c1dc192f waynel2 replied to the topic Where have all the buyers gone? (Perth) in the forum Help Needed! https://www.propertyinvesting.com/topic/4389322-where-have-all-the-buyers-gone-perth/page/2/#post-4566427 Mon, 28 May 2007 07:47:17 +0000 Hi Dazza,I agree with what you are saying though most of the action amongst the lower end of the market has died down.  I've had a house on the market for 3 months in Merriwa and not a sniff!  At the moment there are tenants in the property so it will help once they are out (in a couple of weeks) and I can have weekly home opens – though the t…[Read more]

]]> d077189d33f253aded6763e149013f7a waynel2 replied to the topic Saying good bye to agent! in the forum Help Needed! https://www.propertyinvesting.com/topic/4388853-saying-good-bye-to-agent/#post-4564112 Thu, 15 Mar 2007 01:18:40 +0000 Hi Guys,

Thanks all for the replies:) I manage to find some forms at http://www.propertydivas.com.au and also for WA specific at
http://www.docep.wa.gov.au/default_cp.asp?id=cp/dev_publications/forms&menu=menu_cp#bonds

cheers

wayne

Wayne Leech

http://www.WaynesGuide.com.au – Accommodation in Western Australia.
List your holiday home for FREE!

]]> c5f20133d918665a66feff1077924084 waynel2 replied to the topic I'm 26, own 3 Properties - what to do next? in the forum Help Needed! https://www.propertyinvesting.com/topic/4387834-im-26-own-3-properties-what-to-do-next/page/2/#post-4559472 Wed, 07 Feb 2007 16:07:39 +0000 cheers calvin;)

Good to hear from you! it’s been a while! Yeah I’ve started up a company on the side called OpenTravel (http://www.opentravel.com.au) I’ve moved away from Real estate in general as this is too competitive. I’m now focusing on holiday homes – eg, go to http://www.waynesguide.com.au and you’ll see hundreds of holiday homes in…[Read more]

]]> bd881de63c783ccb501bd67aa0f5bd1d waynel2 replied to the topic Decking - reeded side up or down? in the forum Value Adding https://www.propertyinvesting.com/topic/4388270-decking-reeded-side-up-or-down/#post-4561424 Fri, 02 Feb 2007 14:02:12 +0000 btw, if anyone wants to know what somerley looks like – there ya go:) our house was finished bout 2 months ago – as you can see there is still alot more construction going on in our street!

Wayne Leech

http://www.WaynesGuide.com.au – Accommodation in Western Australia.
List your holiday home for FREE!

]]> 66bbcc1410d66ab22de71ea79798b567 waynel2 replied to the topic Decking - reeded side up or down? in the forum Value Adding https://www.propertyinvesting.com/topic/4388270-decking-reeded-side-up-or-down/#post-4561423 Fri, 02 Feb 2007 13:59:45 +0000 Cheers for the tip – though I’ve heard others say not to get it wet before staining it? especially if your using an oil based stain? I had a friend that laid his then covered it up with tarp until he could get the time to stain it. (This was his first time doing it though)

Have to head out, but here’s some quick pics of the frame before i lay…[Read more]

]]> e66a8439fd5303a73504710ddc96799e waynel2 replied to the topic Decking - reeded side up or down? in the forum Value Adding https://www.propertyinvesting.com/topic/4388270-decking-reeded-side-up-or-down/#post-4561421 Thu, 01 Feb 2007 14:15:20 +0000 HI Guys,

Thanks all so much for the feedback:)

Based on this, I’ve just nipped to bunnings and picked up some screws and other bits. I saw the Cabot’s natural oil that a few of you have mentioned, so I’ll nip back tomorrow and pick that up.

The screws I got are the “allen keys” screws. The ones I got were a little more expensive though…[Read more]

]]> a4694421e470e445f7da4a145e09e0e6 waynel2 replied to the topic I'm 26, own 3 Properties - what to do next? in the forum No Subject https://www.propertyinvesting.com/topic/4387834-im-26-own-3-properties-what-to-do-next/page/2/#post-4559469 Mon, 29 Jan 2007 07:12:32 +0000 Paul – your capital gains is the selling price minus your cost base.

Yes, it would be that you have less to pay back to the bank. The only thing is, is that because you are reducing the interest your paying, then this will mean that your cost base will be less as your interest paid amount will be less.

However if the $20k reduces your loan…[Read more]

]]> a6a6830f6b78120396f1abde0772c593 waynel2 replied to the topic flying to cairns to look at IPs - please help! in the forum Help Needed! https://www.propertyinvesting.com/topic/4388174-flying-to-cairns-to-look-at-ips-please-help/#post-4561055 Sat, 27 Jan 2007 05:34:15 +0000 Hi Mal,

Cheers for the advice!

Good point with the “Contract of Sale” – where would you recommend to get this?

I’m probably going to stay clear of the units etc, looking at some houses, or blocks of land.

The recent sales is a good idea:) I just had a look at reareports.realestate.com.au. That postcode you gave me – is that for all of cairns?…[Read more]

]]> 97359b56df3607a6673f12f02c2bd491 waynel2 replied to the topic I'm 26, own 3 Properties - what to do next? in the forum No Subject https://www.propertyinvesting.com/topic/4387834-im-26-own-3-properties-what-to-do-next/page/2/#post-4559466 Sat, 27 Jan 2007 04:42:40 +0000 Hi,

I’m no accountant so I maybe wrong – though yes I believe it would. It’s something you had to pay for to maintain your investment so I wouldn’t see why not:)

Wayne Leech

http://www.WaynesGuide.com.au – Accommodation in Western Australia.
List your holiday home for FREE!

]]> f24f07cd4da38a27899165aa44113c36 waynel2 replied to the topic flying to cairns to look at IPs - please help! in the forum No Subject https://www.propertyinvesting.com/topic/4388174-flying-to-cairns-to-look-at-ips-please-help/#post-4561053 Thu, 25 Jan 2007 14:13:43 +0000 Hi All,

jambv – Thanks for the feedback:) sounds like you know what your doing to look at that many props in 2 days!
Yeah I was looking at cairns through Google earth – it’s a great tool for this type of thing!
Did you end up buying a property?

duckster – yeah I’ll be very cautious when it comes to the signing the dotted line!:)

Cheers Aman…[Read more]

]]> 5b6aece13d43061c1728d5f1c9d52edd waynel2 replied to the topic I'm 26, own 3 Properties - what to do next? in the forum Help Needed! https://www.propertyinvesting.com/topic/4387834-im-26-own-3-properties-what-to-do-next/page/2/#post-4559464 Tue, 23 Jan 2007 04:05:43 +0000 Hi Paul,

Yes, all buying costs, holding costs, and selling costs.

This basically forms your “cost base” which you then deduct from the Capital Gains amount. (which after 12 months is only 50% of the selling profit).

Rgds

Wayne

Wayne Leech

http://www.WaynesGuide.com.au – Accommodation in Western Australia.
List your holiday home for FREE!

]]> 93f3d4d06f44f0b27a7b0ce3b78e02b4 waynel2 replied to the topic I'm 26, own 3 Properties - what to do next? in the forum No Subject https://www.propertyinvesting.com/topic/4387834-im-26-own-3-properties-what-to-do-next/page/2/#post-4559462 Mon, 22 Jan 2007 13:20:41 +0000 Hi All,

jaclift – cheers for that. I will give them a call:)

Paul – thanks mate! yeah it feels good looking back on everything that’s happened – especially when we had no “silver spoon” helping us:)

Yes although the blocks of land returned great CG – servicing the loans was quite a strain!

I adopted a strategy that not a lot of people would…[Read more]

]]> e54de56420f6d938d3ef7f4fbaf0bbfa waynel2 replied to the topic I'm 26, own 3 Properties - what to do next? in the forum No Subject https://www.propertyinvesting.com/topic/4387834-im-26-own-3-properties-what-to-do-next/#post-4559459 Fri, 19 Jan 2007 15:04:18 +0000 Hi All,

Thanks DLPP – that’s good advice. Since posting that I have spoken to my partner and she is happy to commit to more investments as long as it doesn’t put more strain on our cash flow so we are going to start looking for + geared properties to add to our portfolio. The next step is how to find these. I’m going to do more re…[Read more]

]]> 0dbc722702218eb437f6021b2dbbd432 waynel2 replied to the topic Capricorn in the forum No Subject https://www.propertyinvesting.com/topic/4382738-capricorn/page/6/#post-4532940 Fri, 19 Jan 2007 08:33:36 +0000 living 10mins south of yanchep – the only thing that worries me up there is the “rental returns” on property in the area…

Because you HAVE to build a house in Capricorn Village your options at the end are to sell, or rent. If you are going to sell then you should be aware of the slow down in new house and land packages in the northern corridor…[Read more]

]]> 3553258665aa7a3dffdcaf426be59628 waynel2 replied to the topic I'm 26, own 3 Properties - what to do next? in the forum Help Needed! https://www.propertyinvesting.com/topic/4387834-im-26-own-3-properties-what-to-do-next/#post-4559457 Mon, 08 Jan 2007 14:19:27 +0000 Accommmodation Wyndham
Need Accommodation in Wyndham, WA?
100’s of Accommodation listings!
wyndham-wa.waynesguide.com.au

Hi All,

Sorry for the delay in replying – have been away from the computer for the last night or so.

millions – why do you think I should sell the 3×2? This is already very cash positive, so wouldn’t I be better keeping…[Read more]

]]> 8b3380d9d1108c31f4e977b1f73abe0c waynel2 replied to the topic I'm 26, own 3 Properties - what to do next? in the forum Help Needed! https://www.propertyinvesting.com/topic/4387834-im-26-own-3-properties-what-to-do-next/#post-4559449 Fri, 05 Jan 2007 02:23:34 +0000 HI Guys,

Thanks for all your responses;

Ashley, no I haven’t really looked at Buyers agents – I will do now though. I’ve been doing some sums on holiday rentals – though haven’t thought about the Caravan park aspect – sounds interesting. How do you get involved in areas like this?

Commercial realestate is another area th…[Read more]

]]> e8abc7066ca60e0cc500c25011b9384a waynel2 replied to the topic I'm 26, own 3 Properties - what to do next? in the forum Help Needed! https://www.propertyinvesting.com/topic/4387834-im-26-own-3-properties-what-to-do-next/#post-4559444 Wed, 03 Jan 2007 08:28:20 +0000 Hi Terry,

Thanks:)

Yes, as you’ve mentioned my main problem is that Perth is just getting too pricey to make the numbers work out.

I’ve seen quite a few opportunities in the Northern Corridor, though the outlay has been at least $350K + for the same property I could have got for $90k 4-5yrs ago!

I don’t mind out laying this amount, thou…[Read more]

]]> 46536dceabe1f374b22aa48cb8f8e535 waynel2 replied to the topic Perth - where to invest? in the forum No Subject https://www.propertyinvesting.com/topic/4373215-perth-where-to-invest/page/14/#post-4469940 Wed, 28 Jun 2006 01:16:48 +0000 Hi Squeak,

Do you have a shack in lancelin – or are you looking at buying one there? If you have one – then yes, I would hold on to it for at least 3-4years.

There’s lots of development planned all the way up the coast – from yanchep to lancelin which is only going to push the prices up.

If you are considering buying up that way then it might…[Read more]

]]> 7ef1182961b3fcc8162614fb55b8e97c waynel2 replied to the topic Perth - where to invest? in the forum No Subject https://www.propertyinvesting.com/topic/4373215-perth-where-to-invest/page/13/#post-4469929 Wed, 19 Apr 2006 01:05:10 +0000 anyone looking to do a H&L in somerley (northern suburbs) of perth… here’s their latest release;

http://www.somerly.com.au/somerlyemail/release15-16.pdf

personally I think it’s abit pricy – though saying that H&L up that way are now fetching $430k+

anyway, back to work[smiling]

Wayne Leech

http://www.WaynesGuide.com – Accommodation in…[Read more]

]]> 75fa5a90e6960ded47f78dbec072aa22 waynel2 replied to the topic Capricorn in the forum Value Adding https://www.propertyinvesting.com/topic/4382738-capricorn/page/5/#post-4532932 Mon, 10 Apr 2006 06:46:11 +0000 Hi PC,

You can expect an average of 1-2% each month. We had a contract with WA Housing Centre and they tried to put a $10K + increase on us within 1.5 months!!! We are now with Home Buyers Centre.

I’ve also heard that due to new building requirements new house prices may go up by another 10%!

when will it stop huh!!!

In regards to who is…[Read more]

]]> b79c71912e3d33974c53ef11d9fcb36a waynel2 replied to the topic Capricorn in the forum Value Adding https://www.propertyinvesting.com/topic/4382738-capricorn/page/5/#post-4532924 Tue, 04 Apr 2006 01:14:31 +0000 Hi Brian,

Ocean lagoon has been around for about 5 years plus. It was developed by Peet & Co. The same company that did Caramar and Kinross.

I heard blocks were around the $50-$60k mark when they were first released!!! though these weren’t the ocean view blocks. The growth has been amazing in the last 3 yrs or so.

Rgds

Wayne

Wayne…[Read more]

]]> 82df7d4ffeb9f37358f29aac0052338f waynel2 replied to the topic Capricorn in the forum Value Adding https://www.propertyinvesting.com/topic/4382738-capricorn/page/5/#post-4532922 Mon, 03 Apr 2006 09:51:28 +0000 btw, for any one that missed out at capricorn village… i just put my block on the market in ocean lagoon today… it’s over 700sqm and has guarenteed oceans views if you build a 2 storey….

http://www.realestate.com.au/cgi-bin/rsearch?a=o&s=wa&cc=&c=32623095&tm=1144057285&id=2283654&f=0&p=30&t=lan&ty=&snf=rbs&ag=&cu=&fmt=&header=

anyone…[Read more]

]]> 1db41f62fb7c58b15f969a41c00dc578 waynel2 replied to the topic Capricorn in the forum Value Adding https://www.propertyinvesting.com/topic/4382738-capricorn/page/5/#post-4532921 Mon, 03 Apr 2006 09:04:06 +0000 Hi Suzie,

That’s great to hear!:) I think alot of people are starting to see the potential up there… if you have a look at the prices of blocks at Jindalee (the next suburb below) you will be quite suprised!!:)

Wayne Leech

http://www.WaynesGuide.com – Accommodation in Western Australia.
List your holiday home for FREE!

]]> 48762a1300f964c8f848d15c642c087e waynel2 replied to the topic Capricorn in the forum Value Adding https://www.propertyinvesting.com/topic/4382738-capricorn/page/4/#post-4532919 Mon, 03 Apr 2006 05:03:48 +0000 Hi Brian,

Yep – marmion ave is the key to Yanchep. As soon that’s through Yanchep will go berserk!

I’ve actually just put my block on the market at $335k (Its in Ocean Lagoon – Yanchep). I’ve had it for about a year now. I don’t really want to sell it as once marmion ave is through it will be worth alot more – though due to financial…[Read more]

]]> 558685592e2938d5d51c4b2756bf2205 waynel2 replied to the topic Why WA?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4384758-why-wa/#post-4543806 Mon, 20 Mar 2006 09:32:23 +0000 no probs:) another idea would be to look for a run down 4×2 in the old part of merriwa & clarkson. This way you can get something alittle cheaper – then add value to it when you have some spare time and money.

I did this with my second IP in merriwa… it cost me $20k to do it up… though it’s now worth $120k more than i paid for it…

if you…[Read more]

]]> adf238d161a19ebf427da77c9640a713 waynel2 replied to the topic Why WA?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4384758-why-wa/#post-4543804 Mon, 20 Mar 2006 07:29:18 +0000 Hi Julie,

If you can afford it then a House and Land package in Somerley isn’t a bad way to go – though that’s if you did it right now… in 3-6 months prices will be getting abit on the high side.

To give you an idea, I’m building in somerley (block was $128k, house $140k, finishing costs bout $25k)

I’ve seen houses the same as mine selling…[Read more]

]]> 16cb7bd2bd23d468673d2e2259071a1f waynel2 replied to the topic Why WA?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4384758-why-wa/#post-4543802 Mon, 20 Mar 2006 03:48:57 +0000 Hi Guys,

I’m from Perth, Northern Suburbs. Like all booms there must be an ending, though I believe that we are looking at least 12-18 months before things slow down.

I see people camping out at all the new land estates every weekend. Last weekend at somerley 24 blocks of land sold out within 2 hours!

In the northern suburbs the factor that…[Read more]

]]> be88ac0f1dea52c34b2edf5075998e34 waynel2 replied to the topic Website for PRIVATE property sales ? in the forum Value Adding https://www.propertyinvesting.com/topic/4384534-website-for-private-property-sales/#post-4542713 Fri, 10 Mar 2006 03:24:59 +0000 http://www.aussieprivatesales.com.au

free to list!

Wayne Leech

http://www.WaynesGuide.com – Accommodation in Western Australia.
List your holiday home for FREE!

]]> 942e5ba45d9149edf418a4e6b760d270 waynel2 replied to the topic Steep block! in the forum Help Needed! https://www.propertyinvesting.com/topic/4384624-steep-block/#post-4543062 Wed, 08 Mar 2006 05:53:16 +0000 Hi voigtstr,

Sewerage isn’t available in the area so unfortunately everyone has to set up septic tanks:(

rgds

Wayne

Wayne Leech

http://www.WaynesGuide.com – Accommodation in Western Australia.
List your holiday home for FREE!

]]> cc39e8c6d4b83dfdef47b34effff0b05 waynel2 replied to the topic Vendor will NOT negotiate in the forum No Subject https://www.propertyinvesting.com/topic/4383333-vendor-will-not-negotiate/page/2/#post-4536101 Mon, 28 Nov 2005 05:19:33 +0000 Hi Vyvyen,

All though it’s not up in the millions, I made a considerably low offer on a block earlier this year. Thanks to the formites here – I played a waiting game with the vendor that went on for 3 weeks – and i won:)

At the time they refused my last offer, so as jenwren said I put a clause on the offer and faxed it through as my final…[Read more]

]]> 8f2af1cc5b855a4a7bce3d19ec26fea0 waynel2 replied to the topic Building with Ventura Homes - Dalyellup in the forum Value Adding https://www.propertyinvesting.com/topic/4383143-building-with-ventura-homes-dalyellup/#post-4535037 Thu, 10 Nov 2005 05:53:24 +0000 Hi Marisa,

Good to hear it’s going well!!:)

I’ve just signed up with WA Housing Centre for a H&L in Sommerly.

They’ve said it will take 12 months – though I’ll believe it when I see it:)

– Wayne

Wayne Leech

*Below are links to my websites – any feedback, comments would be appreciated:)
http://www.holidayhomeswa.com.au – Holiday Homes in…[Read more]

]]> 59991ba626bb5c1f358a6702fa4b3892 waynel2 replied to the topic Perth - where to invest? in the forum Help Needed! https://www.propertyinvesting.com/topic/4373215-perth-where-to-invest/page/13/#post-4469917 Wed, 02 Nov 2005 15:48:08 +0000 What’s everyones opinions on Clarkson/Sommerley/Merriwa/Ridgewood? I’ve got a few IPs there and they continue to perform – though wanted to see what other’s think of these areas…

Wayne Leech

*Below are links to my websites – any feedback, comments would be appreciated:)
http://www.holidayhomeswa.com.au – Holiday Homes in Western…[Read more]

]]> 7f000be41a0ac6f67fcee3813d01fafc waynel2 replied to the topic Concrete of Clay Tiles in the forum Help Needed! https://www.propertyinvesting.com/topic/4382880-concrete-of-clay-tiles/#post-4533683 Wed, 26 Oct 2005 01:43:58 +0000 Thanks guys…

I’m going to ring the builder today and find out how much extra the clay tiles are, I think I’ll also get a quote on colourbond too!

cheers

wayne

Wayne Leech

*Below are links to my websites – any feedback, comments would be appreciated:)
http://www.holidayhomeswa.com.au – Holiday Homes in Western…[Read more]

]]> fd5bdbcdb494a003a6e2ef59494bf3dd waynel2 replied to the topic Capricorn in the forum Value Adding https://www.propertyinvesting.com/topic/4382738-capricorn/page/3/#post-4532881 Mon, 24 Oct 2005 07:33:11 +0000 yeah, the demand up there is pretty crazy at the mo!

I was speaking some builders up that way, and most of them are struggling to find stock (land) for their clients…not a bad situation to be in!

Wayne Leech

*Below are links to my websites – any feedback, comments would be appreciated:)
http://www.holidayhomeswa.com.au – Holiday Homes in…[Read more]

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