DD replied to the topic Tiling costs in the forum Value Adding 18 years, 2 months ago
$35/mtr is thru the tile shop. Same guy for cash did the job for $25/mtr.
Last one I did myself it was 3 1/2 sqm small bathroom floor.
Problem was it was lino, then lino then 1973 newspapers that had stuck to the timber. Removed and puttied up the floor then 2 days to wet area seal properly and let it cure overnight then with my diamond blade…[Read more]
DD replied to the topic amateur needs help in the forum Help Needed! 18 years, 2 months ago
Simon, again you are spot on when you say most FP’s arent worth talking too. I am passionate for property and have a reasonable portfolio myself. What i cringe at is someone going to a bank and being disuaded from property investing and into managed funds, bonds and other asset classes which will gain for them a much lower return and get the FP…[Read more]
DD replied to the topic Buyers Agents in Brisbane in the forum Help Needed! 18 years, 2 months ago
Sorry I cant help there but the southern subs of Brizzy around the Logan Central area is strongly recommended for cap gains in the next 5 years.
Several new infrastructure changes taking place will again lift the profile of this once rough and undesirable area. Prices are relatively cheap allowing for good returns and as rents rise, the less…[Read more]
DD replied to the topic Is the current property market overpriced? in the forum Help Needed! 18 years, 3 months ago
Thanks to Derek for those yummy figures. My 13 ip’s in seq are looking good. As a specific on rents, one agent i deal with was recently offered a bribe to jump the queue for a rental property in Kingston.
Rents are definitely rising and the market is swallowing in quick time anything that becomes vacant. Its all out there waiting so go and find…[Read more]
DD replied to the topic What about Tassie in the forum Help Needed! 18 years, 3 months ago
Anything west of Burnie is to be avoided. Burnie with 20k pop and Devonport close by with 25k pop are the best top end of tas locations. Burnie rentals have been slow compared to other towns to rise. So for an average $125k purchase you would still only get $140-155/wk rent there.
Ravenswood in Launceston actually did have about 40% of all of the…[Read more]
DD replied to the topic Financial Planning in the forum Help Needed! 18 years, 3 months ago
Cata, its a shame that o many so called professionals give biased (or who pays the paycheck) kind of advice to starters interested in investing. Sadly too many get discouraged from their first experience and their hopes dwindle as the mounting frowns from those they approach weigh them down.
Nice to see you saw yourself past the guff and moved on…[Read more]
DD replied to the topic Release Super Fund in the forum Help Needed! 18 years, 3 months ago
So glad you again rise to the occasion Richard. Thats why I said go to somone who knows their stuff and only gave generalisations.
If it wasnt a complying superfund it couldnt even be a self managed fund so wow what a clarity of thought. Take a deep breath mate it would do you some good.
How many investment properties do you currently own? As a…[Read more]
DD replied to the topic Calculating A Good Investment in the forum Help Needed! 18 years, 3 months ago
If its now been a while on the market I would assume they would be more likely to take a lower offer. So if the property has its local infrastructure and isnt in a one horse town(1 major employer in town) then its one to jump on.
You didnt say of it was a one bedroom unit or a three bedroom house in a less accessable area. I would assume if it…[Read more]
DD replied to the topic Opinions on Buyers Agents in the forum Help Needed! 18 years, 3 months ago
Thanks Di, such a pleasure to deal with switched on professional like yourself too.
Great to see you assisting others in here too.
DD
Buyers Agent (Dip Financial Services(FP)
Don’t sweat the small stuff,and it’s all small stuff!!DD replied to the topic Capital Gains Tax Muddle in the forum Legal & Accounting 18 years, 3 months ago
Another tip prior to selling would be to do and maintainance or improvement for the whole block prior to sale. A new carport or air conditioner per unit would add to your sale price and the cost of the imporovement can only be ofset against capital gains so you maximise your deductions before paying tax. As you would do all 4 at once you would…[Read more]
DD replied to the topic Release Super Fund in the forum Help Needed! 18 years, 3 months ago
If on the other hand it is a self managed super fund your fund can actually buy property outright as no super fund can get a loan and take on debt.
There are several ways to proceed with this and if you use your super funds(if enough) for the whole purchase, it is an asset of the superfund so any returns have to stay in the super fund and…[Read more]
DD replied to the topic Finding a good property Manager in the forum Help Needed! 18 years, 3 months ago
Against my recommendation in Brizzy 18 months ago one of my clients went with a certain agent for management because they were the cheapest. In The 12 months they were there, they had 4 changes of property management, 3 maintainance projects started and not completed. A massive bill for fixing a sliding door due to the tradie having to attend the…[Read more]
DD replied to the topic Right time to invest, Interest rate rise ? in the forum Help Needed! 18 years, 3 months ago
Firstly Jazzboy welcome to investing. The sometimes bumpy, sometimes smooth rollercoaster we all have a go at.
With interest rates looking to be certain to rise if you believe the media hype, we are all looking to again tighten the already near to breaking point belts of ours. However, with investing this could do one of two things, stimulate…[Read more]
DD replied to the topic Info on Suburbs in Qld? Where to find in the forum No Subject 18 years, 3 months ago
Once you have a feel for the areas from the wonderful resources suggested above, dont be shy about aproaching realestates in the areas of interest. As well as touching base with people you may have to do business with shortly, you also get agents happy to let you know oabout those things not reported yet, like a new Maccas or Aldi going in or a…[Read more]
DD replied to the topic Coffs Investors Group 1 year old!!! in the forum Heads Up! 18 years, 6 months ago
Well, a quiet and informative night with Anne and Tom discussing their reno on their rental property locally. Availability of tradesmen and the general ly higher costs of trades these days.
So thanks to those that made it, and we look forward to seeing you next month when we have a finance broker from Brizzy coming to chat mortgages in the…[Read more]
DD replied to the topic Home Security Systems? in the forum Value Adding 18 years, 6 months ago
Daniella, do you live in Penguin Tassie?? It is nice there, very relaxing.
DD
Buyers Agent (Dip Financial Services(FP)
Don’t sweat the small stuff,and it’s all small stuff!!DD replied to the topic Home Security Systems? in the forum Value Adding 18 years, 6 months ago
Daniella, do you live in Penguin Tassie?? It is nice there, very relaxing.
DD
Buyers Agent (Dip Financial Services(FP)
Don’t sweat the small stuff,and it’s all small stuff!!DD replied to the topic What to do with a weird room? in the forum Value Adding 18 years, 6 months ago
This would be a chillout room with the breezes from outside coming in. As it has sliding doors to the kitchen/eating area it was probably designed as a formal dining room. We use our formal dining room as my office with water views, but it didnt have any doors. We installed bi-fold doors to the main dining room and another set off the loungeroom…[Read more]
DD replied to the topic Answers to “Where to Find CF+ Deals” in the forum Help Needed! 18 years, 6 months ago
Wow $5k for a finders fee. I find that a bit rich. Anyway there are worse out there.
Hope it sells as it sounds a good deal, well worth looking further.
Cheers
DD
Buyers Agent (Dip Financial Services(FP)
Don’t sweat the small stuff,and it’s all small stuff!!DD replied to the topic spray painting in the forum Value Adding 18 years, 7 months ago
Troy, no more tips on spraying, just on the topic of mistints. I recently had a 2 bedroom townhouse to do and I am definitely a gloss for doors and trims man. Had a sign at the bristol paints place locally for an “outback paint sale”, i thought it was a sale for a new brand of paint so I went in. It was a mistints out the back sale with a bit of…[Read more]
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