Thanks for the replies.

We are weighing up at the moment whether to re-tile or re-do the whole bathroom.

Just getting costs for new tiles and vanities, taps etc to weigh it up against and regrouting and sealing the old tiles.

I know the 2nd option will be cheaper, but the extra rent is the thing, it will only be $10 – $15 a week, so $500 – $800…[Read more]

kattan,

I agree with you totally, just did not agree with all of what hb said, he/ she was making it out as though doing any renovations would not make money, well thats the way I took it, and I do not agree with thta, thats all.

But each to their own!!

FATMAN

I agree with Dazzling, in regards to what Francis has said.

Does not sound real sensible at all, a bit out of touch perhaps??

I have always used a solicitor, BUT a solicitor that SPECIALISES in conveyancing and one who actually INVESTS as well. Same as for an accountant, only use one that actually invests in property and has experience in…[Read more]

I have always used a solicitor.

Always found my solicitor to be easy to get on with and down to earth, someone who speaks my language and not all the mumbo jumbo legal jargon.

Try their website, http://www.tranterlawyers.com.au

Matt Tranter is his name and, like I said, he is easy to get along with and to understand.

And no, I do not work for them,…[Read more]

Amanda,

another question onto the list.

Where abouts in this wide brown land are you?

FATMAN

So hb, you seem to be the expert on not doing renovations???

Whats your beef.

There sure is money to be made in doing renovations. And yep I think you have been watching too much TV as it has warped your mind.

[baaa]

TV is life, but they have not showed all examples of every renovation done in Australia, have they??? Maybe I just missed the…[Read more]

Not sure what area you are in, but try some of these sites.
May be able to pick up what u are after or get an idea on prces.

http://www.2ndsworld.com.au/
http://www.lawsauctions.com.au/1/
http://www.shbc.com.au/
http://www.thoronline.com.au/
http://www.maitlandauctions.com.au/home.asp
[chill]

FATMAN

http://www.jaffasoft.com/

A website that I have been pointed to.

Not sure how good it is as have not yet looked into it in detail, but from a quick use, it looks ok.[baaa]

FATMAN

Just the possibility of another option.

I have absolutely no idea of the costs involved or availability.

But my family, when I was younger, used to live in 2 army huts that were joined at one end to make a really nice house when fitted out.

The actual house ended up being 5 bedrooms, 2 bathrooms, BIG living area and huge kitchen/ pantry etc.
I…[Read more]

Cheers!!![jerry]

FATMAN

I agree “flatout”, in regards to your statement about being able to pick up some bargains. I have an offer in at the moment on a IP, it is ridiculously below the actual price it was listed at, but I know that the sellers have actually listed it lower than what they paid for it.
And I also agree that rentals should increase with further rate…[Read more]

Um yes, but rents used to cover the debt payments, it is good debt, income producing etc.

FATMAN

Daniel,

I am new to the game as well, but here is my take on what you have said.

The difference between buying the mentioned property as compared to putting the money in the bank to me is:
* First you would need to come up with the $$$ to put in the bank, if you borrowed money to put in the bank, the interest rates on loans are always higher…[Read more]