Hi Smiley71,

As long as asbestos remains covered by paint it shouldn’t be a problem. Issues only arise when a reno is needed, or a hole is made in a wall. You could leave it in place, and put gyprock over the top, and this will also give you added insulation. Removal is a difficult job and requires protective clothing and a proper breathing…[Read more]

Hi KDT,

The following is an extract from the website http://www.propertydivas.com.au

“…There is considerably more to Property management than just collecting rent – ask any property manager! Good property management plays an important role in ensuring your property receives maximum returns and remains in tip-top condition.

The types of mana…[Read more]

Hi Jessica,

Following is an extract from the website at http://www.propertydivas.com.au where you’ll find heaps of property related documents, checklist and templates:

“….For most people their home is their largest single asset so when it comes time to sell you need to select a Real Estate Agent carefully.

Firstly you need to feel confident about…[Read more]

http://www.propertydivas.com.au

This is a new website to help people like yourself get started in property investing. You’ll find a simple 7 step process to get you started in property, plus the site also contains heaps of free downloads, templates, resource lists and useful links.
Membership is Free.

Amanda
“It is better to be inconspicuously…[Read more]

I happen to also agree that property is one of the safest, low risk investments around, after all we all need a roof over our heads!Just be wary of “studies” though its amazing how figures can be twisted to support their case.

He said a fully diversified property portfolio should be made up of “four states, three sectors”, being NSW, Victoria,…[Read more]

If you have a look at http://www.propertyvalue.com.au they have a free Postcode search which will give you the median house value, Family Type, Gross Income, Occupation, Education, Transport, Occupancy and Crime rates. etc.

Otherwise the API monthly magazine publishes similar figures.

For a full list of where to get data and research reports have a…[Read more]

Have a look at the Young @ Hearts Community that has recently started. I’m pretty sure they have a branch in each State.
Here’s the link: http://www.888abundance.com/forum/

Amanda
“It is better to be inconspicuously wealthy, than to be ostentatiously poor…”

Yes you certainly could do a basic makeover for 2-3 grand but this is assuming you don’t decide to alter the layout, as extra plumbing work is where you’ll really clock up the dollars. As Marc and Crashy have detailed it is possible to pick up some real bargains at the auction rooms, and if you only need a few tiles often you can pick up the end…[Read more]

Hi Lesia,

Factors to examine when considering a Subdivision
• Local town planning regulations
• Land zoning restrictions
• Minimum size of lots
• Access to water and sewerage services
• Setback requirements
• Minimum building envelopes
• Parks and open space
• Easements
• Vehicle access including Council refuse collection…[Read more]

Hi Bez,

In order to be successful in property investing you need to have a good system in place. Here’s a simple 7 step program for you:

Step 1, sit down and work out your ultimate long and short term goals.

Step 2, do a household budget to work out how much (if any) cash you have available to fund a property.

Step 3, work out what type of…[Read more]

In Australia, all sales of land – irrespective of the type or whether there is a house contained on the land or not – must be in writing to be legally binding
There is a standard Contract of Sale for every State and Territory and your solicitor or conveyancer can prepare the standard documentation for you using the standard Contract of Sale.…[Read more]

Hi Matt,

Factors to examine when considering a Subdivision
• Local town planning regulations
• Land zoning restrictions
• Minimum size of lots
• Access to water and sewerage services
• Setback requirements
• Minimum building envelopes
• Parks and open space
• Easements
• Vehicle access including Council refuse collection…[Read more]

Hi Wayne,

Factors to examine when considering a Subdivision
• Local town planning regulations
• Land zoning restrictions
• Minimum size of lots
• Access to water and sewerage services
• Setback requirements
• Minimum building envelopes
• Parks and open space
• Easements
• Vehicle access including Council refuse collection…[Read more]

Hi Hot Property Investor,

I’m from Qld so don’t know the area however as with any property purchase its very important that you have a strategy in place first before signing on the dotted line. What are your ultimate goals, how does this property fit into your portfolio? Who will do the reno work and at what cost? If you need help with this…[Read more]

Hi Stargazer,

Factors to examine when considering a Subdivision
• Local town planning regulations
• Land zoning restrictions
• Minimum size of lots
• Access to water and sewerage services
• Setback requirements
• Minimum building envelopes
• Parks and open space
• Easements
• Vehicle access including Council refuse collection…[Read more]

There’s a couple of great books that will help you get started:
Australian Residential Property Development – Ron Forlee
Smarter Property Development – Peter Cerexhe

Also the website at http://www.propertydivas.com.au has a checklist and several articles on subdivision and property development that should point you in the right direction.

If you’d like…[Read more]

Wow some amazing tips here for those new to property investing.
Its often very overwhelming when you first start out.
There’s a new website http://www.propertydivas.com.au which is kind of a “one stop property shop” where you’ll find heaps of free downloads, templates and resource lists.
Happy investing!!

Amanda
“It is better to be inconspicuously…[Read more]

Have you checked out the new website at http://www.propertydivas.com.au as they have several templates and checklists to download free that may save you some time!!

Amanda
“It is better to be inconspicuously wealthy, than to be ostentatiously poor…”

Hi Sara and welcome to the PI forum.
There are several very experienced finance brokers on this site who should be able to help you here, perhaps drop Richard Taylor a personal message. I’d also suggest you make an appointment with an Accountant, experienced in property investing, to ensure you structure your affairs to gain the maximum legal…[Read more]

Maybe you should consider renting a place for 6 months or so until you get a “feel” for the area. I suppose it really depends on your personal circumstances and if you have a partner and/or children.

The Qld Office of Urban Managment have printed a SEQ Regional Plan 2005 – 2026, which you can obtain for free via the website at…[Read more]