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Viewing 20 posts - 81 through 100 (of 137 total)
  • Profile photo of petronapetrona
    Member
    @petrona
    Join Date: 2008
    Post Count: 35

    TIP

    Always look up when you're viewing a property.  Inside, this can reveal things like sagging ceilings and bad peeling in places like the bathroom; outside, it will tell you if the gutters etc look like they need work (whether this is repainting or replacement).

    TIP

    Feel the fear and do it anyway.  Most people are naysayers, and out of the goodness of their hearts, try to discourage you from getting into property investment.  However, most people retire to live on their super, a pension, or combination of the two.  You don't want to be like most people!!  As long as your decisions are informed ones, you'll be in the right ballpark for the kind of retirement most people need to win Lotto to have.

    Profile photo of js2js2
    Member
    @js2
    Join Date: 2003
    Post Count: 758

    Latest tips i learn was.

    1). That often it's paint that is raved about that adds so much value and is cost effective… not taking a hell of a lot of time to do. Paint is undeniably a great tool. But the refreshing ease of watching a skilled driver unload blue metal gravel to form a low maintenance 'total' rear area topped the painting for how quick and easy it is (where blue metal gravel is a good option). Explaining well to the driver that you want to do as little work as possible by leveling and that you want it evenly spread on unloading rather then dumping it in one big heap then working the whole day shoveling is key. And not bad on the hip pocket.

    2). I thought the humble Hammer & Saw were two of the most important things to have as tool renovating but the Jimmy bar saved the day many times in lots of different situations.

    Profile photo of judithscottjudithscott
    Member
    @judithscott
    Join Date: 2009
    Post Count: 13
    aussierogue wrote:
    tip buy in a low market, sell in a high market

    I agree with you really!

    Profile photo of VikkieSmith12VikkieSmith12
    Member
    @vikkiesmith12
    Join Date: 2009
    Post Count: 1

    Tip
    >>When posting on craigslist – change IP often, post 1 ad pr day with 1 verified phone – never flagged other people -it’s too unethical!!!
    Tip
    >> choose who to trust – be wise in choosing your real estate agent.
    Tip
    >>Think twice before buying property – try considering different factor that might affect you.

    _________________________________________________
    Raleigh REOs
    http://raleighreos.com
    [email protected]
    Great Deals on REO Properties in Raleigh, North Carolina”

    Profile photo of jmiellejmielle
    Participant
    @jmielle
    Join Date: 2005
    Post Count: 31

    If anyone is interested in seeing my video on a property renovation I did in 5 weeks. The house was valued at $325K with tenants. It looked an absolute mess. I gave them notice and decided to renovate it. 5 weeks later it sold for $415K. I invested around $20k on reno costs. So my tip is before you sell, think about renovating first. Sometimes new carpet and a splash of paint can add thousands. And always paint with wine!

    Profile photo of katchardgutierezkatchardgutierez
    Member
    @katchardgutierez
    Join Date: 2009
    Post Count: 6

    TIP:
    – Always leave feedback or let them give you feedback.
     
    -Always tell your client the truth.


    -Always be open minded, learn to accept new things and never be afraid to try new things.

    Profile photo of Neville_DiasNeville_Dias
    Member
    @neville_dias
    Join Date: 2010
    Post Count: 2

    Tip
    Always be innovative. Think about other opportunities you can gain. May be small modification can increase the value of the property.

    Tip

    Get everything in written format. Verbal agreements cannot be proved in the court.

     


    Profile photo of YoungInvestorYoungInvestor
    Participant
    @younginvestor
    Join Date: 2003
    Post Count: 377

    Whatever happened to redwing? no posts for a while…

    Profile photo of god_of_moneygod_of_money
    Participant
    @god_of_money
    Join Date: 2008
    Post Count: 971
    Profile photo of YoungInvestorYoungInvestor
    Participant
    @younginvestor
    Join Date: 2003
    Post Count: 377

    Not spam mate – just interested.

    Used to learn a lot from certain people a few years back and just wonder where they are.

    Why so cynical?

    Profile photo of marx3bullmarx3bull
    Member
    @marx3bull
    Join Date: 2009
    Post Count: 86

    Tip

    Before buying the property, ask neighbors whether that is a hunted house or not ;-(


    Miami luxury car rental

    Profile photo of angelodeleon808angelodeleon808
    Participant
    @angelodeleon808
    Join Date: 2009
    Post Count: 9

    SIMPLEST TIP IN LIFE:

    Always Think Positively and Positive Things Will Happen.

    You control your life's journey, you decide where to go.

    Profile photo of rickypleasrickypleas
    Member
    @rickypleas
    Join Date: 2010
    Post Count: 22

    TIP:

    Try to advertise by all means as possible. You can do it by flyers, ads, posters; through online advertising; or by word of mouth.

    Profile photo of urbanedgeurbanedge
    Member
    @urbanedge
    Join Date: 2010
    Post Count: 34

    what a very awesome tips !!  glad to came up in this forum .. thanks for  sharing your ideas ! i gather lots of information from here .. 

    Profile photo of heathersheathers
    Member
    @heathers
    Join Date: 2010
    Post Count: 26

    Ebay is a fantastic place to buy second hand property investment books and courses at a fraction of their cost!

    Profile photo of The ImmigrantThe Immigrant
    Member
    @the-immigrant
    Join Date: 2008
    Post Count: 73

    It's hard to offer a tip or two when I don't have any IP to start. But hopefully my first IP will commence soon.
    But thanks for the wonderful posts offered on this thread; very educational.

    Profile photo of GeraldineMGeraldineM
    Member
    @geraldinem
    Join Date: 2010
    Post Count: 81

    Tips –

    1..  It the goal is to BE rich, you can't afford to be focusing on LOOKING rich.

    2..  Treat tenants as YOU would like to be treated.

    3..  Buy in areas that have more than one type of appeal – e.g. beach-side living, retirement destination.

    4..  Build/buy properties that target smaller families – its the future.

    5..  Its the land that ultimately has the value, so buy well located or larger blocks.

    6.. Our best buys come from watching what hasn't sold, and making a lower offer before the price is reduced.

    7..  Be willing to add value.  This can give 'instant' equity, or your deposit, so you can go on to buy more.

    8..  Look for areas that seem too cheap compared to nearby locations – they probably are!

    9..  Ring local property managers before buying.  They are a mine of information and generally helpful.

    10. Don't discuss property with family or others who are not investing.  Find people who are already doing it.

    Profile photo of last chancelast chance
    Member
    @last-chance
    Join Date: 2010
    Post Count: 8

    Tip
    Buy an IP really just do it! Then buy another one and so on…retire young and wealthy

    Tip
    Newer is better. The building Depreciation on new buildings is fantastic 

    Tip
    Don't buy your holiday home first…your aspirations will change over time

    Enjoy the process

    Profile photo of margaret carmodymargaret carmody
    Member
    @margaret-carmody
    Join Date: 2010
    Post Count: 1

    we are considering buying a property in brisbane. we are looking for land and would like to know how much it would cost to remove old post war houses—so that we can use the land to build on.
    Is it better to demolish or remove and sell to removalist or privately?

    Also like to know if anyone can point us in a good direction for quality reputable  builders/house designers and what the cost would be to build a small lowset 3 to 4 bedroomopen plan  house, double garage and two bathrooms only. We are keen on mud brick or rammed earth?

    Can anyone help

    Profile photo of CatalystCatalyst
    Participant
    @catalyst
    Join Date: 2008
    Post Count: 1,404

    Margaret you are better posting this as a new topic. This is a post about tips.

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