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  • Profile photo of andy28andy28
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    @andy28
    Join Date: 2003
    Post Count: 14

    I have looked into it a bit. The refrigerated ones seem to be the go, as they have good insulation. They cost more though. I could see them being used as granny flats in big back yards of existing rental properties. Or as a hobby off-the-grid project/cubby house/man cave for personal use.

    I wonder if some second-hand ones could be gotten cheaply post-mining boom.

    There are quite a few resources online about this.

     

    Profile photo of andy28andy28
    Participant
    @andy28
    Join Date: 2003
    Post Count: 14
    Profile photo of andy28andy28
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    @andy28
    Join Date: 2003
    Post Count: 14

    I was able to pick up 4 properties while on a PhD scholarship over the years 2001-2004. The banks like the security of the scholarship income. My scholarship brought in $17,000 a year (plus I had $7,000 coming in from a Saturday job). The properties ranged in price from $80,000 to $160,000. Haven’t been able to get a loan since as I’ve worked in casual jobs.

    Profile photo of andy28andy28
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    @andy28
    Join Date: 2003
    Post Count: 14

    number 8: Are you suggesting that switching to a credit union would limit your ability to borrow for further investment properties? Is this a real problem?

    Profile photo of andy28andy28
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    @andy28
    Join Date: 2003
    Post Count: 14

    It means they're concealing the price from you for some reason, basically giving you the runaround.

    Profile photo of andy28andy28
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    @andy28
    Join Date: 2003
    Post Count: 14

    Got a 2nd quote on the guttering replacement, this time $1500… I'm going for it.  The guy has done a good job previously for my parents, too.   The first quote was $2800… quite a difference.

    Profile photo of andy28andy28
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    @andy28
    Join Date: 2003
    Post Count: 14

    Any non-fencers ever attempted a picket fence themselves?  I've been thinking about it and it might not be too hard if using ready-made pickets, which are available pretty cheaply.

    Profile photo of andy28andy28
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    @andy28
    Join Date: 2003
    Post Count: 14

    Correction: the quote on the guttering was $3800 and the painting quote was $5000.   I was being too generous.

    For carpeting the house, the quote was $3000.   I ripped out the old carpet myself to save some money (2 carpet layers, plus underlay), and found another carpeter and got the price down to $2400.

    I hanged some custom blinds today myself, price $580.   They look great!

    The most recent tenants were feral bogans with 5 pit bull terriers… the house needs some work.

    Profile photo of andy28andy28
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    @andy28
    Join Date: 2003
    Post Count: 14

    Was quoted $2800 to replace all guttering on a house (Californian bungalow), went to Bunnings and found the parts to be as cheap as chips ($200 MAX)!   So am going to do some of it myself, and patch some holes.

    Painter's quote to paint the interior of the house, $3000.   I took time off work from my job to do it myself, for better economy… I'm a pharmacist.   Cost of equipment and materials, about $500.   Now I've got gear for more painting in the future.

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