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.
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.
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 websiteHas 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)?
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)?
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?
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?
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]
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