Forum Replies Created
Thanks to all the presenters at conference and those behind the scenes. A great success. It was an inspiring, challenging and motivating 3 days that helps keep my mindset focused on financial freedom. Thanks.
Hi there
The MAP program is fantastic. I am graduating this weekend after 12 months of learning. I now have a ‘tool bag’ of strategies for property investing and learnt a lot about what was wrong with the portfolio we had when we started the course. I highly recommend the course for anyone who is serious about being a property investor.
Good luck.
Thanks
Hi there
Thanks very much for your advice. Much appreciated.
Our tenant has just given notice so now the place is going to be empty during the marketing campaign. I think we need to get some furniture in there.
regards
BecsScotty
thanks for the advice. Would a DA (i take it DA is the same as a planning application here in Vic) definately mean upgrade to BCA or would this be dependent on the council?
Regards
Scott No Mates
Thanks for your response. I am talking about Company Title. I did not realise it was different in NSW.
The hardest thing appears to be getting everyone on board. However, given real estate agents talk about 10 to 20% increase in property price I cannot see why you would not want to do it unless the costs were prohibitive. Upgrade to BCA may prove costly (it is a 1950s block of units).
Do you have any idea of how much it would cost to do full survey / strata plan and register new titles? My guestimate from initial discussions with people is in the order of $10 to $15k including legals. The other cost would be BCA upgrade as you pointed out, which I will investigate further.
I still think this could work out well. Would you spend a couple of grand to increase your property value by 10 to 20%?
