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Coota
Participant
@coota
Join Date: 2012
Post Count: 49
March 2, 2014 - 11:11 pm
Newbie,
Congratulations on setting your mindset to take control of your financial future through property investment.
For me education is the key before you make your first purchase,what is your 5,10,15 yr plan etc.
Also as you start find a mentor you can trust who has done what you are hoping to do,good luck!!
little link below may help…
http://www.realestate.com.au/blog/6-steps-to-getting-started-in-property-investment/
Coota
Participant
@coota
Join Date: 2012
Post Count: 49
July 13, 2013 - 12:33 am
Jenni,
Have been talking to a few local property managers and have been looking at new builds in the new estates in north east part of the city towards the race track
Regards
Coota
Coota
Participant
@coota
Join Date: 2012
Post Count: 49
June 15, 2013 - 1:00 am
How much on average would the water rates be??
Coota
Participant
@coota
Join Date: 2012
Post Count: 49
June 13, 2013 - 2:51 am
Heinz
Have looked at flood maps and location looks ok as it is closer to Logan River Rd than actual Logan River…
Coota
Participant
@coota
Join Date: 2012
Post Count: 49
June 10, 2013 - 5:20 am
Richard,
Been looking at Waterford…
Coota
Participant
@coota
Join Date: 2012
Post Count: 49
June 10, 2013 - 3:56 am
Richard,
Looking at a buy and hold property-
Property is 4 yrs old
4 Bed 2 Bath 2 Car 340k
Rent return $380- $400 p/w
500 sq mtr block
Coota
Participant
@coota
Join Date: 2012
Post Count: 49
June 10, 2013 - 3:17 am
Nigel,
Any thoughts on the areas of Waterford & Loganlea??
Coota
Participant
@coota
Join Date: 2012
Post Count: 49
June 10, 2013 - 2:40 am
Budget is 320-340k
Coota
Participant
@coota
Join Date: 2012
Post Count: 49
January 27, 2013 - 11:10 pm
Terry for the purpose of the post I didn't put in all the detail that I included in my Letter of Offer to the agent which of course included-finance approval,building inspection,bank valuation,settlement of 30 days and offer expiry of 2 business days.
As has been mentioned in this post its just frustrating that agents think you can be bullied into signing a contract and that the offer is close to vendors asking price also so the agent can see I am making a very genuine offer
Michael
Coota
Participant
@coota
Join Date: 2012
Post Count: 49
January 27, 2013 - 9:38 am
Sorry all property is in Melbourne
Coota
Participant
@coota
Join Date: 2012
Post Count: 49
January 21, 2013 - 10:10 am
Scott
I was leaning towards ground floor unit as it has approx 20 sq mtrs extra living area with an outdoor deck area also.
Double storey unit has living area on top level including a small balcony area which I think was designed to take advantage of views to the city
Coota
Participant
@coota
Join Date: 2012
Post Count: 49
January 21, 2013 - 9:15 am
Shahin,
Unit details are below
Ground floor unit
*Living Area 64 sq
*Garage 22 sq
*Deck Area at the back of property approx 25 sq
Double Storey
*Living Area 48 sq
*Garage 22 sq
*Smaller living area with land area at front of property facing roadway(not usable IMO)
Both properties are same price
Coota
Coota
Participant
@coota
Join Date: 2012
Post Count: 49
December 13, 2012 - 10:44 am
Albro,
My report came up with a confidence score of 2 which is very high,relevant local sales came up with 10 relevant previous sales.
Regards
Coota
Coota
Participant
@coota
Join Date: 2012
Post Count: 49
December 13, 2012 - 9:18 am
Albro,
I have Investar Search and My Valuer valued my property at $670-$750k with a bank valuation coming in at $760k some 3 months ago.
IMO that's reasonable close to bank valuation,but in saying that bank valuers are generally on the low side..
Regards
Coota
Coota
Participant
@coota
Join Date: 2012
Post Count: 49
December 9, 2012 - 9:39 am
Jamie/Terry
What would I be looking at with fees-charges per hour etc
Coota
Coota
Participant
@coota
Join Date: 2012
Post Count: 49
December 8, 2012 - 9:25 am
For those that use the old fashion way(folders with tab sections)what do you have filed under each section
eg Bank-interest accounts etc
Cheers
Coota
Coota
Participant
@coota
Join Date: 2012
Post Count: 49
October 28, 2012 - 11:36 am
Freckle,
Thanks for your sharing of your spreadsheets as I am hopeless with Excel formula's
Cheers
Coota
Coota
Participant
@coota
Join Date: 2012
Post Count: 49
October 26, 2012 - 10:48 am
Anyone else like to share their spreadsheets in general?.
Regards
Michael
Coota
Participant
@coota
Join Date: 2012
Post Count: 49
October 23, 2012 - 7:47 am
Jamie,
Property is a new 2 bedroom unit so not much chance to add value in that regard with any renovations thus the strategy to rent out a look for future growth to release equity down the track.
Regards
Michael
Coota
Participant
@coota
Join Date: 2012
Post Count: 49
October 22, 2012 - 6:54 am
Xarp,
Have just used this tool online from your link and it’s fantastic,I would suggest other forum user give it a try before they dip into their very shallow pockets….ha ha!!
Regards
Michael