Thanks Propertyinvesting.com for putting up our post and thanks to Steve McK for this great forum. Last nights meeting was a blast! Thanks Breece for giving your feedback on town planning and why you should use a planner. And Chris for showing us what to look for in building your new development. The energy was really great, questions plenty,…[Read more]

Yeah, me too and if it does that then it is worth it!

kateej03 wrote:
Thanks for everyones comments We have decided to do what we did with our first house. Buy/renovate/hold and then use the equity to buy more and sell after a year or two. Hopefully it works out!

Good on you Kateej03. I am sure it will work out for you.

Pyroharold- I know this is an old post but I am totally with you. I think there are many strategies and it is what is right for YOU.
There are so many barrows here. Give me an objective view any day.
I love the information here but it is often confusing.
You have to do research and do what is comfortable for YOU but do something.

Well Engelo, you asked for opinions and you got them!
Well done I say. Good luck to you.
There is no one size fits all – its what is right for YOU.

Well seems like there are no rights or wrongs here. There seem to be different points if view as always.
Sometimes this gets confusing. The best you can do is to be as well prepared and educated as you can on all options- architect or drafts person. Get quotes from both and see what feels best for you.

Hi Jamie et al,
What??!! You picked up a flat white kitchen for ONLY $4.50? Good on you!! Can you ship those around Australia for us?
I used to say with my manager: “You do so much business when you’re not doing business”. Yep, Bunnings and Maccas can provide us so much information for free.
Oh and I used to love the telephone directory to see…[Read more]

Hi Sherry and Jason, love your thoughts. I think many get the bug and think its as easy as it is painted. Property investing CAN be rewarding but there are MANY tricks for property players. It is great to see a balanced view point here.

Yes, I am with thecrest- cant see it being in the Landlords favour. Having been an agent, a tenant who took her landlord to VCAT – and won, and a landlord myself, I cant see this being in the landlords favour. It sounds like there more likely an issue with water from somewhere. My land lord tied to stick me with all sorts of things but she had to…[Read more]

Nathan Birch wrote:
Locate a state, and then pinpoint on a map large looking towns and google them…easy….I spend about 8 hrs a day in the market looking for these things, there out there, just depends what state your looking in.Other way is to get a bunnings catalouge and anywhere around a bunnings store, because most are new,a nd they have…[Read more]

Yep, Christianb is right- anything is always possible- its just then is how much will it cost and is this worth it? Council is always a good place to start. if you are a novice, you want the least complications as possible.
Happy investing!

Calling council or going there is a great thing to do. They are really helpful. What is your RE? I always say- take the shorter way home. If something looks like a reeeeally great deal- you need to ask why are plenty of others not jumping on this? Asking lots of questions is a good idea. I just love this forum!

Great Mike, many thanks for this.

Yes, you will get sooo much first hand information at the meeting!
Yes, you can sell off the plan- not much different in costs – but much harder to do- People are sketchy about what they do off the plan- most wont buy until they see the finished product, especially in a unit/dual occ type scenario.There are probably easier ways to do it. You get…[Read more]

Sare, best thing I can suggest as Sonya has suggested is – call Jodie Baker -Broker- women who knows what to do, has seen it all and been there and done that. As Above: Jodie- Broker on 0431229929.
You should be able to get legal aid of some kind, or legal advice from what we call in Victoria – Consumer Affairs.
Its not about what the “appraisals”…[Read more]

Im interested also. I signed up for the alerts but have not heard anything from Cherie but would love feedback.

Best you get advice on YOUR particular scenario from an accountant who KNOWS property- not just any old accountant. And, yes you will get varying responses from accountants. Get a good one.

The problems you have encountered are the reasons it is cheap. But you will be glad you moved on in the long run.

Don’t take on the agents guilt. Let him sell it to the higher offer. $5K less is NOT worth it for what you have encountered already.
There is always another deal around the corner.

Sare, don’t give up or give in. You sound so down about things. Ok, yes, get legal advice, but maybe you need to sit on this a while and see how things go. You sound like you need a pick me up or something. The market might be poor but all is not in vain. Did you buy off the plan? Albion is close to the city, my first purchase was Ascot. Why are…[Read more]