WomeninPropMelb replied to the topic Change of plans in the forum Help Needed! 11 years, 9 months ago
Oh, & check out Property Investor magazine- there is a quick list in the back on median prices for suburbs and rental returns. YOu can also look at RP Data- a bit more cumbersome but up to date. They call the agents on the weekends to get their auction results….. I used to be an agent.
WomeninPropMelb replied to the topic Change of plans in the forum Help Needed! 11 years, 9 months ago
Brendogs, you seem a bit confused. You set out talking about subdividing then renovation then buy & hold but then you shy away from it all.
If you have a good team then I wonder why you have not purchased already?
Yes, the market is a bit bouncy in Melbourne- but it is a good time to buy.
I have been pondering responses to "when to buy"….
A lot…[Read more]WomeninPropMelb replied to the topic Default Rental in the forum Legal & Accounting 11 years, 9 months ago
How much rent are you talking about? Were there any steps taken before they left to get the rent?
It depends on what you are looking to achieve.
In Victoria, you can pay around $30 and go to VCAT- you can get the bond paid to you.WomeninPropMelb replied to the topic *Help needed ASAP* Deposit left as “Expression of Interest” on a property in the forum Help Needed! 11 years, 11 months ago
Terryw is correct- states have different cooling off periods.
And DO what Scottnomates says – get legal advice asap.
If you are in Victoria – you get 3 days cooling off – that is to take the contract to get legal advice on it. If the agent has told you to sign it- then I am assuming you have not had legal advice because your solicitor or legal…[Read more]WomeninPropMelb replied to the topic Melbourne – Inner City Studio Apartments in the forum Help Needed! 11 years, 11 months ago
Sounds like a great return on the face of it.
Do all your figures- you will need to take into account body corporate- if its City Central then I might assume it is high rise so there will be body corporate and other costs associated.
I had similar type investment for sale close to university but could not sell as the figures when all was taken…[Read more]WomeninPropMelb replied to the topic Do I turn my PPOR into an IP or sell up and get a bigger house with sub div potential – plus other tricky things :) in the forum Help Needed! 12 years, 2 months ago
And I dont know what is going on with the changes to planning in Victoria. I dont know what impact this is going to have.
I would be very cautious at this stage going into something for “development” purpose until I understand more of how this is going to pan out.
Hence the reason for my next meeting focussing on this issue.But really again I…[Read more]
WomeninPropMelb replied to the topic Do I turn my PPOR into an IP or sell up and get a bigger house with sub div potential – plus other tricky things :) in the forum Help Needed! 12 years, 2 months ago
Mick, this sounds all well and good.
The question I have is about YOU. Do you want to move? Ok so you want a bigger house to accommodate a new baby. And there is always the nesting thing. How many mums have I known – or how many mums to be did I see at opens.
To do something like this is a big thing to do- while involving the family. Like do you…[Read more]WomeninPropMelb replied to the topic Renovating For Profit in Brisbane – QBSA restrictions in the forum Value Adding 12 years, 2 months ago
Here is information on Dean and Elise Parker:
http://www.propertysystems.com.au/reno-expert-dean-and-elise.html
Hope that helps youWomeninPropMelb replied to the topic Need a Handyman in the forum Value Adding 12 years, 2 months ago
How did you go with the handy man?
Did you find one?
I can suggest someone who can point you in the direction of good handymen.WomeninPropMelb replied to the topic I need a lawyer in Melbourne. in the forum Help Needed! 12 years, 2 months ago
Hi Sonny, did you find a lawyer to help you with this?
What are the issues?
Do you mean a lawyer to write up the agreement or is the tenant in the property and not making the payments for the outgoings?Commercial property is very tricky isnt it.
WomeninPropMelb replied to the topic Most in-demand rental subrubs in Melbourne? in the forum Value Adding 12 years, 2 months ago
Kristen – you are such a wealth of knowledge!
What a breath of fresh air!
I would agree on the data and statistics- you can look at the numbers but it does not give you the feel or the “vibe” as Michael Caton said in “The Castle”.
I keep saying here – you get soooo much more from walking around that you cant get from google or from magazines.WomeninPropMelb replied to the topic Builder or Structural Engineer recommendations in Melbourne? in the forum Value Adding 12 years, 2 months ago
Hi Mikesone- did you get any replies to your post?
How did you go with this?
Where about’s are you located?
I do know someone who can help point you in the direction.
if you are still looking- PM me.WomeninPropMelb replied to the topic Does anyone used a telemarketing or appointment setting company? in the forum Finance 12 years, 2 months ago
Yep, Barry all correct.
Better off running competitions to get your leads- at least they are part way qualified.
And cold calling is a hard slog from one who has done plenty of it…………
Gotta just love rejection!WomeninPropMelb replied to the topic When do we RENO? in the forum Help Needed! 12 years, 2 months ago
Where is Victoria Park?
I would suggest that the best time to reno is about before you have the tenants move in.
You still wont be able to claim any deductions as this is before the place is earning an income. Your place needs to be earning an income to claim against before you can claim. See you accountant- you will need one who knows about…[Read more]WomeninPropMelb replied to the topic FREE Residex Property Reports for VICTORIAN, TASMANIAN, and SOUTH AUSTRALIAN properties – Investment or Owner Occupied in the forum Value Adding 12 years, 2 months ago
Mike – you are a very popular person!
Its nice to see a few genuine people on this site helping others out.
I hope all is well with you……………WomeninPropMelb replied to the topic Investment In Mining Areas in the forum Overseas Deals 12 years, 2 months ago
Liam T How did you go? Did you find someone to help you out?
Did you end up investing in a mining town?
Streamlining investing- that is a great idea. I am not so good at spread sheets so must dust up in my excel skills.
I am thinking of investing in such a place – I like Gladstone as I dont see it just dying when the mine moves out………….WomeninPropMelb replied to the topic Course Material and Content “SWAP” Rick Otton in the forum The Treasure Chest 12 years, 2 months ago
Maybe try ebay?
Or other sites … Has Rick Otton got a site?WomeninPropMelb replied to the topic properties investment in the forum Help Needed! 12 years, 2 months ago
I have had some experience with Metropole strategists but wont post here my views……….
Happy to have a private conversation.WomeninPropMelb replied to the topic Pro’s & Con’s in buying Studio in Melb CBD in the forum Help Needed! 12 years, 2 months ago
Jenny111 – you must be so confused!
There are many ways and strategies to use in property investing.
Perhaps its a good idea to sit down and think about what it is you are wanting to get out of property.
You have posed some great questions here – and questions that dont often get asked – are overlooked until the ink is dry on a contract – then…[Read more]WomeninPropMelb replied to the topic Withdrawal of offer in the forum Help Needed! 12 years, 2 months ago
A contract is a contract is a contract- the 4 corners of the contract stand and that will be according to contract law. Yes, it may well work differently because different “standard” contracts are used.
The way Real Estate is handled in each state will be different.
I know things are different in NSW- the process is different- and with the…[Read more]- Load More