Hi Milly,
I would get a new solictor asap otherwise it might end up costing you a lot of money
Regards
David

D.E.Harding

Hi and welcome to the Forum, Could be a good idea, would have to work out the best way of doing this.I’m happy to give your idea some thought and will get back to you.
Cheers
David Harding

D.E.Harding

Hi Leila,
I have found that if I paint the rooms different colours (soft) it makes for great interest. I also like some oiled floorboards. A good letter box with easy to read numbers is a must. After all, when you buy a house you want your friends to find you.
Regards
David
eliteviews

D.E.Harding

Hi Walter
Thanks for your reply, I guess the hard part is working out the max rent one can get for the IP.
If you charge a bit more than the market value do
you get a better tenant
Regards
David

D.E.Harding

Hi Purplekiss,
Thats what I was thinking, As you get older you don’t want to be doing reno’s, maybe it’s just a matter of finding a good Property Manager to control the rentals. Thanks for your reply.
Regards
David
eliteviews

D.E.Harding

Hi Mark and Dan
Yes, I’m ok with reno’s, I know a few things, I have spent the last 4 years owner building a 480 sq mt house Queenlander style and clearing and fencing the 25 acres around it. Total investment around $5ook and now valued at $1.255.000. That is why I would like to do reno’s but wondered if I should have some rentals as…[Read more]

Hi Kwilko
Thanks for your reply Kerri, If I decide to go ahead with this, would this be something that you could look at for me?
Regards
David
eliteviews

D.E.Harding

Hi Derek,
Thanks for your reply, I will speak to one of the lenders and see what they can do.
Regards
David
eliteviews

D.E.Harding

Hi Jules
As a major reno make sure you do all the sums and then add extras in, I always allow 20% extra as you always run into hassles. Building and pest inspections a must. Good luck and do your sums.
Regards
eliteviews

D.E.Harding

Hi Jules,
I have done reno’s in the past, can you tell what type of reno it is? If minor you wont need to talk to council at all. If major do all your sums as often it’s not worth it.I like minor reno’s and like to turn them over. If you can give me more info I can give you more help
Regards
eliteviews

D.E.Harding