I have already covered a lot of those questions in other threads recently.For us, the golden rule is "you dont make money when you sell, you make money when you buy"You have to buy below market value. If you pay market value, its very difficult to make a profit considering sell costs. If you are not buying at least $20k below value, find another…[Read more]

you are not looking at the big picture. there are countless renovation shows on TV all proclaiming with equal ignorance that renovating is easy, quick, hassle free, cheap and highly profitable. There is already a surplus of unjustified positivity through these programs. rarely though does anyone dispute these views and offer a realistic…[Read more]

what are you painting the doors with?Ive used enamel and aquanamel. aquanamel dries fast & easy cleanup but far less glossy & not as durable.

chump….sebsez wasnt asking for emotional support. he wants the truth. he wants the facts:"Is it possible / feasable to do?"you are confused. he doesnt want mindless positive reinforcement:"I would be interested in hearing from people that renovate full time or anyone who has something to share about the pros & cons of doing this, as well as…[Read more]

good info, thx.how would you feel about using wagner to spray roof on windy day? how skillful do you need to be to avoid overspray / patchiness?do hands get tired holding trigger?does it give a thicker coat than roller?does it make much noise? ie could you work at night?do you need to wear a mask?

Bagheera wrote:
has anyone heard of the building industry? Don't they basically charge a full time lucrative living by working in property repair, removal, and creation? Why can't you!!

well because, builders dont have to pay stamp duty, agents fees et al. There are entry and exit costs with a property and you first need to add enough value to…[Read more]

chump wrote:
There is no reason why you couldn't make that sort of money out of renovation. 

thats not true, there are plenty of reasons:

1. stamp duty
2. agents commissions
3. advertising
4. unforeseen expenses (eg damp, termites)
5. buying is easy. selling is hard
6. cannot possibly do 5 reno’s a year. 3 at best.
7. full time job being…[Read more]

cash back is irrelevant. what they get paid should be your least concern. its all about how easy they make the process for you.its one time in life when you cannot compromise an inch on competance. a small error can cause infinite pain.STAY AWAY FROM AUSTRALIAN FINANCE GROUP, ESPECIALLY A CLOWN NAMED DON.

topic is GOOD mortgage brokernot "mortgage broker who works for half the going rate"Ive found that GoGecko give less than half rate service with their half rate fees.Mortgage brokers will be the same.A good mortgage broker will act like your life depends on them focusing on your application. Ive had a bad broker before, he never called with urgent…[Read more]

re helpers…….can you elaborate?

I painted my window frames. One half I used a cheap black spraycan, gloss black, cost $3. painting itself was quick, good finish. prep work was needed, mainly masking off glass & boards. paint brittle, chips off with any hard contact. using a primer didnt help. good for security screens.other half I used tin of black enamel, gloss black. small…[Read more]

you are right there, you are no legal wizard.as usual, you stick your head into matters that dont concern you, for the sole purpose of ridicule and boosting your own ego.

was difficult to fire the agent as it was an auction.

no, house didnt sell. however, another agent in her office managed to get a contract this week.

firing agents is all well and good but how does it look to the market?

was a 60 day term, she argued this was needed in case the house wasnt sold at auction.

well that will teach me to apologise wont it.

remind me not to play golf with you, afterall you are such a good sport

well it was rather productive and not as painful as I imagined.

managed a 6% fall in CC int rate, slashed bank fees & 10% off home insurance.

doesnt hurt to ask…….

L.A Aussie wrote:
Being a smart-arse and simply flipping us off doesn’t help anyone.

this was the point where it stopped being a healthy debate and became a personal argument. I will admit that I could have handled my responses better and apologise if I came off as nasty or elitist in any way. I thought I was being respectful while making my…[Read more]

LOC linked to mortgage is probly the go. mortgage is with same bank.dont need a mortgage, already got one.

many say 5400, but we nearly got there today, so I think notnext is 4800, then 4200.if it gets to 4200 Im selling all houses & buying shares.

Im with you there.I think RBA will make a grave mistake raising rates in Oct after bad CPI for this quarter.economy will stall, rates will fall hard in 2008.

if anyone finds a share with high div yield please let us know…….especially if it has self-funded instalment warrants