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  • Profile photo of ianvestorianvestor
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    @ianvestor
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    November 13, 2007 - 7:57 am

    I'd like to create buildings like Q1 one day. Actually, I will create buildings like Q1 one day.

    Profile photo of ianvestorianvestor
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    @ianvestor
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    November 13, 2007 - 4:16 am
    foundation wrote:
    How about the GHPC Australian Property Discussion Forum here: http://tinyurl.com/2drg6h
    Cheers, F. [cowboy2]

    F, someone on that forum mentioned 'SS' as in the name of another forum or website. Do you know what SS is referring to?

    Profile photo of ianvestorianvestor
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    @ianvestor
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    November 13, 2007 - 3:56 am
    lindolly wrote:

    – Tips sites for buying/selling.

    Check out this site and subscribe to the newsletter: http://www.propertyupdate.com.au/

    You can also read all the old articles from past newsletters by going to the site.

    -Ian

    Profile photo of ianvestorianvestor
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    @ianvestor
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    November 1, 2007 - 5:28 am

    P.S. I hope that cash of yours is in a 100% offset account!

    Profile photo of ianvestorianvestor
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    November 1, 2007 - 5:25 am

    I'd buy, but that's me, and everyone here will have a different opinion.

    Accessible equity of 69k, cash of 40k, on a 150k income… and you're having trouble deciding whether or not to buy?

    You must be the most cautious person I've met all week!

    Either that or you have car/boat payments you're not telling us about.

    Profile photo of ianvestorianvestor
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    October 10, 2007 - 2:19 pm
    ttman wrote:
    I don't know and DON'T CARE how many electricians and plumbers (or their relations) on this forum, I stand by my opinion that they charge far too much than they deserve. Tell me baseless accusations, a reverse cycle air-cond may cost you $500, the sparky will charge you $800 to install. How ridiculous is this ?

    My suggestion is that if you don't think $800 is good value to have an airconditioner installed, try installing one yourself.

    Profile photo of ianvestorianvestor
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    October 10, 2007 - 1:57 pm

    100% p.a. is a good rate of return, but it depends entirely on what you're doing (i.e. if you're not developing brand new townhouses using mostly other people's money, then look for a lower rate of return!).

    Profile photo of ianvestorianvestor
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    September 18, 2007 - 3:59 pm
    Mystery wrote:
    To anyone interested in Brisbane price movement ….. Bought 2 x IP's in April 07 ……. and had them re-valued this week as part of a refinancing/portfolio restructure exercise ……..
    ________________________________________________________________________________________________

    Goodna – Paid $235,000 / April 07 ……………. new valuation – $285,000 …… $50,000 gain
    Redbank Plains – Paid $228,000 / April 07 ……new valuation – $270,000 ……$42,000 gain
    ________________________________________________________________________________________________

    Increased value of $92,000 in 4-6 months

    Martin

    Cool, I bought a unit at Toowong in February for $254,000. Bank val for July was $290,000. So $36,000 in 5 months, and that's on a relatively cheap property!

    I wish I could have bought into Ashgrove when I wanted to at the start of the year… that's gone from $390,000 minimum for a house to around $450,000 minimum now.

    Profile photo of ianvestorianvestor
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    September 18, 2007 - 3:09 pm
    demkel wrote:
    Hi Stella

    You are looking at prices from $25 to 30 a square metre plus gst for cement render plus painting costs afterwards.
    If you have a flat surface you might consider an applied granular finish like dulux acratex which has the colour already in it and costs about the same. And yes, you will come out well ahead, if you get a good job done and select a popular colour.

    Regards

    Demkel 

    A word of warning about 'pre-mixed' colour… You run the risk of not having the entire surface exactly the same shade. This is because the colour is usually mixed and made up on the spot, and they can't make enough in one batch to cover the entire building. So each batch they make up may be ever so slightly different, ending up with you having to pay to get the building painted anyway.

    Profile photo of ianvestorianvestor
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    September 18, 2007 - 2:50 pm

    smechanic, depending on your fencing, a negative might be that you don't actually have a 'back' yard. Or if you do have one, it wouldn't be as private with a street running down alongside it.

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