Hi Ross,

How long will this all take, as you need to factor that in. If it takes 18 mths or longer from go to whoa, then will that profit work for you? essentially 40k per year?

50k for the reno costs sounds high considering the low resale price I may have read it wrong, should be aiming more around the 10% for reno, 15% worst case. If you need…[Read more]

Yikes……

I was running with all of this til you got to the bit about the jock strap………

I love the 'idea' of not working. But the reality is a bit different, coz you will get BORED. you still need a purpose, something to strive for and goals to work towards. And yes property does lose money, or you may have to sell in a hurry for…[Read more]

Hi KrisM,

Is this the Dash of Salt article in API mag that you are referring to?

It's not just GEN Y who want to live near 'stuff'. Baby boomers like where they live, thats why they still live there. If we can figure out a way to get them to trade their big blocks for more manageable smaller homes, we might be onto a winner.

Disclaimer, I have…[Read more]

Great point Mattnz.

It's not worth any of the preliminary work if you are not going to make any money!

Have you looked at any sites currently being developed and talked to architects etc who are working on those sites? They may be able to give you more information on the block you are looking at.

In Vic (and Alistair will laugh) I can vouch for…[Read more]

Hi Shahin,

Do you have a link to the NSW planning website, or a site where it gives you this specific information. Thanks in advance.

And yes every state is different which is why it is sooo important to have the right people doing the work for you.

Merry Christmas everyone,

Have a safe holiday (day, week, year…) Hopefully next year is prosperous, secure and generally wonderful for everyone!

Cheers

Dianna

Yup,

and we are moving again in Jan. Sigh.

D

Great thread, really wonderful seeing other peoples goals!

The big plan for this year is to finish our development. It probably wont happen, it's already been 2 1/2 years, but I can work towards achieving. And I can watch people achieve along the way which gives a boost when you need it!

I'd also like to refocus this year too, get some of the…[Read more]

Yeah I agree the 20 Questions book is a good one for starting out in an area!

Has anyone noticed that with the exception of Steves new book, there is not really a lot of good new wealth creation books out? Or is it just where I am?

Cheers

D

Hi Jewel.

Great to hear you are part of the community!

I had never renovated anything, or developed anything or bought property, until I jumped in the deep end and did it!

If you are looking at renovating, Dean and Elises pack is awesome, you'll have to try to find one second hand tho, I don't think they are making it any more.

If you are…[Read more]

Well if we have solves Joes problem, can we solve mine

http://www.realestate.com.au/property-house-vic-colac-112164999

Why wont this sell – this is my 3rd go at it!!!

Cheers

D

LOL!

JacM, what would we call ourselves?

;P

D

Well be waiting!

D

Yeah I put in Powder room but I wasn't sure if it had the basin etc and could be classed as one.

Plus, I'd hate to write in Dunny, loo, outhouse, hahahah

D

Hi Joe,

Once you fix your pics the blurb should look a bit more like this –

Renovated three bedroom family home and so convenient

This family sized home has been recently renovated and is now ready to move into.
Why not enjoy the brand new immaculate kitchen and cook up a storm. The formal lounge is just waiting for your personal touch with…[Read more]

HOLY CRAP

just saw the pic!!

Put yourself in the tenants shoes………. they'd be walking… to the other house! I'm really not trying to be mean Joe!

New pics, new add, new agent, new tenants!

!

JacM has nailed many of the points.. but that's why we are all here, to help each other out!

…

Doesn't get to the crux of why no people through the open tho?

What's stopping the people?

D

Actually I used to be a lot bigger on the Feng Shui deal than I am at the moment……. maybe that's why all my money has vanished!!!

Big no no's triangle shaped block, mountain right in front of house rather than behind, roads that lead directly into the front entrance way, a few other things like that.

Maybe your agent has not great photos up,…[Read more]

LOL!

Maybe it's the Chi.

Maybe the tenants saw you, digging in the back yard. You know, at midnight. Then they saw the "Witch Drs R Us" van pull up…………..

Fuuuuunnnny!

D

Have u tried the egg thing?

Or what about Sage?

IT must be something before people even ring the agent……

D