$120k is cheap, even for shitty old gagebrook The brighter side of it all is that you were lucky it wasn't burnt out as thats the going thing there atm It is a slum area but it has a new shopping centre and soon to be school (that got burnt down too ha….) and some of the kids are growing up nowdays, only time will tell.
Thats basically a "how long is a peice of string" question haha…The best thing you can do is call up your local builders assositation and get a few names of asbestos removal firms and a few roof plumbers. Then just grab a few quotes and go from there. Dont always go for the cheapest nor the most expensive places either.Dan.
Hey Kane, I live in the next suburb accross, Howrah. Go grab yourself a map of the local area and I'll give you a rundown of what each suburb is like.Rokeby is aprox 20mins from town(nothing to complain about by local standards) with mainly blue collar workers. If you have a 3 teir system of low, middle and upper class the following would be a…[Read more]
In a 1940's house, asbestos "should" be minimal, but dont let that comment get your hopes up! You will find asbestos in various forms, but mainly in sheet form in a house. Common areas to find it include:- under lino- behind any wet area surfaces(ie: behind tiles)- under the external eaves (mind you in a house that old – it probably has timber e…[Read more]
Hey guys, I have found a property with a house and a unit on the one tittle. They are asking around 400k for this and the projected rental income would be around $560PW between them. I have a few issues however: -only 10k deposit (and thats if I redraw it out of my first IP loan…) Although I have around $113k equity from my first IP.-I can…[Read more]
As a builder, id personally totally avoid it. The going theme in the building industry is that "asbestos is safe if you dont damage or disrupt it"…What a absolute load of crap that line is….Any house ever built always has dust left over (more so older dwellings!) in the ceiling spaces and wall cavities. You can imagine the asbestos dust up t…[Read more]
Personally I Dont think it will go ahead – well not just yet anyhow, until the Walker corp convince the haters that it is a good idea.Personally I like the idea as I think the area is gross, but it does need a lot of planning and some form of protection would be needed if these blocks were to shift in the future causing damage to the houses that…[Read more]