Total Members: 159,214

David Thiu

  • David Thiu started the topic 70% Below Market Value? in the forum General Property 7 years, 1 month ago

    Hi guys,

    Just doing a bit of Suburb research and stumbled onto the following:

    Click here to check out property

    Just wondering why this property has been sold for so cheap?

    Is it a sale for a family member? Did the owners default on their loan?

    Where can I find out more info?

    Cheers,

    David

  • David Thiu replied to the topic Thoughts on Elizabeth SA? in the forum Help Needed! 7 years, 1 month ago

    Awesome… That’s reassuring to hear :)

  • David Thiu replied to the topic What To Do With Excess Land? in the forum Value Adding 7 years, 1 month ago

    Ok, I’ll look into dropping into the local council when I’m back in Adelaide

    Thanks Jaxon

  • David Thiu replied to the topic What's Behind These Houses? in the forum General Property 7 years, 1 month ago

    Ahh OK…

    I thought council only permitted you to build on 70-100% of the land

    The reason I ask is I’m looking into purchasing a property with 1200 sqm

  • David Thiu started the topic What's Behind These Houses? in the forum General Property 7 years, 1 month ago

    Hi guys,

    Just wondering if anyone has any idea what’s been built behind these houses.

    Click here for image

    It almost looks like 100% of the land has been utilised.

    The house next to it also has some interesting buildings I’d love to find out more about.

    What’s your guess?

    David

  • David Thiu started the topic What's Behind These Houses? in the forum General Property 7 years, 1 month ago

    Hi guys,

    Just wondering if anyone has any idea what’s been built behind these houses.

    Click here for image

    It almost looks like 100% of the land has been utilised.

    The house next to it also has some interesting buildings I’d love to find out more about.

    What’s your guess?

    David

  • David Thiu started the topic What's Behind These Houses? in the forum General Property 7 years, 1 month ago

    Hi guys,

    Just wondering if anyone has any idea what’s been built behind these houses.

    Click here for image

    It almost looks like 100% of the land has been utilised.

    The house next to it also has some interesting buildings I’d love to find out more about.

    What’s your guess?

    David

  • David Thiu started the topic Investment Tools in the forum Help Needed! 7 years, 1 month ago

    Hey guys,

    Just wondering what tools you use for your investments.

    Right now I’m using:

    https://www.domain.com.au/property-profile to estimate the price of a property
    and
    https://www.realestate.com.au/ to find out what properties are being listed for buying/renting
    And
    checking Council website

    Has anyone got a subscription to any of the…[Read more]

  • David Thiu started the topic Thoughts on Elizabeth SA? in the forum Help Needed! 7 years, 1 month ago

    Hey guys,

    Just wondering what your thoughts are about investing in Elizabeth SA?

    The yields at the moment appear to be quite good with some properties at 8% yield (or could be negotiated down to achieve this), and even some duplex that could yield almost 10%.

    Has anyone had much experience investing in this area? Have you had any issues with…[Read more]

  • David Thiu started the topic What To Do With Excess Land? in the forum Value Adding 7 years, 1 month ago

    Hi guys,

    Just looking what you guys would do with the excess land behind the following property (+1200 sqm)?

    Picture Link

    Cheers,

    David

  • David Thiu started the topic What To Do With Excess Land? in the forum Value Adding 7 years, 1 month ago

    Hi guys,

    Just looking what you guys would do with the excess land behind the following property (+1200 sqm)?

    Picture Link

    Cheers,

    David

  • David Thiu started the topic What To Do With Excess Land? in the forum Value Adding 7 years, 1 month ago

    Hi guys,

    Just looking what you guys would do with the excess land behind the following property (+1200 sqm)?

    Picture LinkExcess Land

    Cheers,

    David

  • David Thiu started the topic What To Do With Excess Land? in the forum Value Adding 7 years, 1 month ago

    Hi guys,

    Just looking what you guys would do with the excess land behind the following property?

    https://ibb.co/cOk9d6https://ibb.co/cOk9d6

    Cheers,

    David

  • David Thiu started the topic What To Do With Excess Land? in the forum Value Adding 7 years, 1 month ago

    Hi guys,

    Just looking what you guys would do with the excess land behind the following property?

    null

    Cheers,

    David

  • David Thiu started the topic Instant $10,000 Equity and 7-8% Yield in the forum Creative Investing 7 years, 1 month ago

    Content Removed, as it might not comply with forum rules

  • David Thiu started the topic Instant $10,000 Equity and 7-8% Yield in the forum Creative Investing 7 years, 1 month ago

    Hi there,

    Just wondering if anyone would be interested if I could bring you a property, where you have instant +$10,000 equity, 7-8% yield, and opportunity for another +$20,000 in capital growth over the next few years?

    The loan amount you would need to obtain from the bank is $95,000, which works out to be roughly $110-120 mortgage repayment…[Read more]

  • David Thiu replied to the topic Iphone 8 or Iphone X? in the forum Opinionated! 7 years, 1 month ago

    My iphone died about a fortnight ago… Ended up getting a Samsung Galaxy Note 8 :P

    So far so good, and it’s increased my productivity quite drastically

    I really like the dual apps feature, and the stylus pen

    Thanks for mentioning this Nigel – might have never crossed my mind was it not for your comment

  • David Thiu replied to the topic Strata Titling Opportunity in the forum Finance 7 years, 1 month ago

    Hi Richard,

    The units are in reasonable condition.

    If the Vendor accepts the cash offer $720,000 there is potential for $420,000-$600,000 minus the other costs if sold. If not, then you’d end up holding units yielding +10%.

    If the Vendor accepts Options offer, then there is less deposit costs, less holding costs, and more time to onsell the…[Read more]

  • David Thiu started the topic Strata Titling Opportunity in the forum Finance 7 years, 1 month ago

    Hi guys,

    I’ve found a Block of 12 Units built of Sturdy Masonry Brick Veneer for $900,000 that are all currently tenanted for $130-140/week (market rent is about $150/week though so there may be opportunity to increase rent).

    I have approached half a dozen different agents in the area, asking them how much I could sell each unit individually if…[Read more]

  • David Thiu replied to the topic Strata Titling a Block of Units… in the forum Creative Investing 7 years, 1 month ago

    Hi Benny,

    I guess there’s not that much downside to just buying and holding the properties, especially since the area have 0.8% Vacancy rate, and only 30 minutes from the CBD.

    The only problem is I don’t have the deposit, nor the borrowing capacity, and was hoping to gain control over the property with an option, strata title for maybe $50k, and…[Read more]

  • Load More

David Thiu

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