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