Memory Lane

Viewing 8 posts - 1 through 8 (of 8 total)

Steve McKnight
Keymaster
@stevemcknight
Join Date: 2001
Post Count: 1,763
September 6, 2005 - 3:10 am
Hi,
For those who have read my first book and were interested in the reno project we did that was possibly our least profitable deal… it seems that it is back on the market again (from the people who bought it from us).
Here’s the link.
Bye!
Steve McKnight
**********
Remember that success comes from doing things differently.
**********
Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
https://www.propertyinvesting.com
Success comes from doing things differently
Celivia
Participant
@celivia
Join Date: 2003
Post Count: 886
September 6, 2005 - 3:52 am
I love the looks and style of this house! SO much pretty detail! Don’t you just love windows like this?
What do you think of the asking price?
Celivia
voigtstr
Member
@voigtstr
Join Date: 2005
Post Count: 176
September 8, 2005 - 12:19 am
Pretty house!
Although this wasnt that profitable a deal for you, would buying a house with FHOG, modestly renovating, living in it for a year, and then selling be a reasonable place to start for a newbie (and potential mentoree)
I would want to find positive cash flow deals during the year as well, although my partner believes I have some wish to be slum lord, when all I really want is cashflow.
More stuff on the voigtstr at http://users.bigpond.net.au/voigtstr
shaunwalker
Member
@shaunwalker
Join Date: 2003
Post Count: 403
September 8, 2005 - 3:57 am
reminds me of the saying, ones mans trash is another mans treasure.
love the house!
cheers
shaun
Lead, Follow or get out of the bloody way
Istvan051
Member
@istvan051
Join Date: 2005
Post Count: 221
September 11, 2005 - 7:20 am
hey im 17 n i just read have your book this arvo i am liking it as i am planning to use what money i have saved over the past few years plus FHBG to purchase my first place when i turn 18 im planning to move in one room and logde rest of house to help repaments. I wanna get into property before house prices go to high as prices are growing much faster then inflation and i am scared if i wait to long i will never be able to afford a deposit.
Stephen
Rikky
Member
@rikky
Join Date: 2005
Post Count: 313
September 14, 2005 - 12:46 pm
I often Drive past the first place that I reovated and also lived in for a couple of years. It amazes me how bad condition it was in when I bought it . Almost ready for the bull dozer , now it looks like it has another life.
Excelent story
Cheers Rick
Monopoly, my favourite game
brc
Participant
@brc
Join Date: 2002
Post Count: 63
October 1, 2005 - 7:01 am
Steve
All I can say is that you were a glutton for punishment. After owning a similar Queenslander as my first property, with great dreams of ‘reno and profit’, I feel safe to say that older timber houses look lovely, but their owners bank balances do not.
A good job though – it looks very saleable.
_____________________________
We all need somewhere to live – but do we all need a CBD apartment?
Harley2
Member
@harley2
Join Date: 2005
Post Count: 32
October 4, 2005 - 12:59 pm
Steve,
I bet that’s not what you got for it whan you sold.
But the house does look nice.
R
Harley