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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.
Here is an article about interest rate discounts, although it’s from the US: http://bottomline.msnbc.msn.com/_news/2012/07/20/12837562-zuckerberg-is-not-the-only-one-who-can-get-super-low-mortgage-rates
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.
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?
It means they're concealing the price from you for some reason, basically giving you the runaround.
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.
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.
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.
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.