Yeah that's about right.

We used Wartwood Landscaping for the actual landscaping (they are in Eltham) and Adrian from the Blind Factory in Bayswater/Kilsyth for blinds. Let me know if you get any better quotes for anything and names pretty please

Anyone knows a good fence guy can they let me know ours was an utter whinger.

Ta

D

Good on you novusprimo! You're getting there

ALine in Ringwood are great try them, should be around a couple grand (under $5k) see how you go, if it costs more can you please let me know for future!

Cheers

D

Sorry Deekay,

for the time being I can't give mine out anymore or I think they will string me up! They are incredibly busy right now

The other one I would recommend would be Christianb from Brutal Art. you could pm him or just call http://brutalart.com.au/ he is also excellent. I would work with him any day. He knows his stuff and has been on here many times volunteering information regarding property development.

Good luck

D

Hi Monacc,

Thanks so much!! My head will be so big I won't be able to fit out the door!

Look, I'll PM you tomorrow.

No else can have my guys details as they are too snowed under for now!! I'll let everyone know when they tell me they are quiet!

D

Oh Geez Catalyst….

I'm talking giving big money to charities or creating charities.

I give all the time, as should everyone who does have a few bucks spare no matter if they are property investors or living at home with mum and dad.

I'm saying if you look at the people who have made 'big money' (eg Steve McKnights 2nd book) they have had some sort of why moment and decided to give back to society in a big way.

You can't give away $1mil if you don't have it to start with. You can't give away $1 if you don't have it.

D

Hi PJ,

I have found there is a bit of a domino effect. But you will still get die hards who will not live in suburb 'y' just because.

Check the actual school zone. Just because a house is across the road doesn't mean it is in the zone. Some schools have particular zones and if you do not live in the zone you cannot get in no matter what. People will be more likely to buy in that area as the school zone is there.

As far as the public housing goes can you see if those houses are recent acquisitions or if they are planning on selling them off soon, that may help with whether the area will improve.

If the suburbs have a similar feel then I would probably be inclined to go with it, especially the sub-dividable block. This is pretty much exactly what we did we picked the suburb next to the nice suburb. Sure we got some flow on (and made a bucket) but if I could go back, I would have bought in the 'x' suburb as the capital gain that happened was huge (Melbourne tho)

D

Hi Marie,

Some times it isn't about the money at all. There is one for sale near me which has been on the market for at least 4 mths which is unheard of in this area. The property is owned by two brothers who cannot agree on selling the property. The property has no doors or windows and is gutted but has brand new steel reinforcing under the house and brand new plaster.

They are squabbling over the property. (1.2 mil) I don't know if this property will ever sell. Our agent warned us not to touch it (listed through another agent) as he had one brother then the other come into his office each calling the other crazy.

You are better off knowing the reason behind the sale, who the vendor is and what they are doing next. Our current one is older lady going into care selling family home, son wants top dollar, older lady doesn't care, son making decisions. It doesn't really matter what the property sold for in 1950 when they bought/built it. It doesn't even matter what the vendor really wants as we are dealing more with the son.

Good luck

D

They publish actual sales data.

I don't think I've ever looked at a report and thought 'wow that figure is wrong!'

It's pretty easy to check as well as you can call the agent and say 'did this property sell for this?' yes or no answer.

It is not regulation for the actual advertised price you are asking for, but the regulation of prices that have already happened.

?

D

Hi N,

Give em a call!

I love ringing the council, they give you all sorts of info, they can also dumb down some of the restrictions or reasons behind why certain developments will not work which is great when you are starting out.

Depending what state you are in there will be certain councils who are up for it and some who are not.

The planning schemes and the strategic plans for different councils will be on the net and on their websites so you can have a look at different councils and see who has a plan and what that plan is for the area.

Good luck

D

LOL Jamie, don't let that 'no uni' cat out of the bag!

Clappy, the best thing you have done so far is to join this forum and start getting educated. Knowledge is power and while you may not be able to put ideas into practice for a little while those ideas will stick with you.

Do you have time? If you have time on your hands maybe you can do research for people who have no time, find deals, look at doing options (search on this forum for more detail) look to partner up with people who have money and no time. Tag along with others on their property investing, if you can find people who are buying or renovating or developing and hang out with them, ask lots of questions and look at their deals, talk numbers with them then you will learn a lot.

Good luck, don't get talked out of anything, stick to your guns and don't let media reports or fear bring you down.

D