Total Members: 159,401

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  • oc1 replied to the topic My latest development – 4 dwellings in Melbourne in the forum Value Adding 11 years, 3 months ago

    Ahhhh, so much can get done with sunny weather

    All windows are now installed and the dwellings will be wrapped tomorrow as a result. The shaftliner is in too – between the party wall for the rear units. This is to protect from fire. Some use double brick instead but i have found this way to save on space making the units more spacious and…[Read more]

  • oc1 replied to the topic My latest development – 4 dwellings in Melbourne in the forum Value Adding 11 years, 4 months ago

    Been busy lately to update lately. I have attached a few photo's. The roof truss for the single level units are complete along with the posi truss for the townhouses.

    The fascia and gutter is up for the single level units too. Weather has really delayed work – very hard to put the roof truss in wet weather.

    Oscar<img alt="" border="0"…[Read more]

  • oc1 replied to the topic My latest development – 4 dwellings in Melbourne in the forum Value Adding 11 years, 4 months ago

    Hi guys

    Frames are up now for the back two units. The bricklayer has been there this week as well putting up the garages. The roof truss comes tomorrow for the rear units. All going along well. By the end of next week i should be close to having all frames completed and roof truss for all units completed.

    Cheers
    Oscar<img alt="" border="0"…[Read more]

  • Derek replied to the topic purchasing a rental property in the forum Help Needed! 11 years, 6 months ago

    With a gross rent return of 9.1% sounds like this will be a 'cash flow' only type of buy.

    If your girlfriend has to sell to release equity it suggest the banks are not overly comfortable with the area, or the property's value has not increased, or there are underlying problems with the town/property. You'll need to investigate further.

    How are…[Read more]

  • oc1 replied to the topic 3 unit development in Epping VIC in the forum Value Adding 11 years, 8 months ago

    I have managed to attached the plans too smiley

    <img alt="" border="0" height="320" id="lightboximg1" src="http://somersoft.com/forums/attachment.php?attachmentid=10021&d=1363867926&quot; style="border:solid 4px black;border-bottom-width:0px;" title="floor plans.PNG;
    213 x 320 (@100%)” width=”213″…

100

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