Hi Happygirl,

Another situation is the gap between two walls from two separate properties could be less than one inch.

Hmm, I have never heard of or seen anything like that, but then I am not familiar with Canberra. Perhaps @jamie-m can shed some light on this?

In wondering “Why” this could be, are these perhaps built on really small blocks…[Read more]

Hi Happygirl,

Another situation is the gap between two walls from two separate properties could be less than one inch.

Hmm, I have never heard of or seen anything like that, but then I am not familiar with Canberra. Perhaps @jamie-m can shed some light on this?

In wondering “Why” this could be, are these perhaps built on really small…[Read more]

Of course.

There’s a fact find on my website – if you fill that in and email it over – I’ll have a look at it for you.

Cheers

Jamie

Thanks guys for the advice. @Jamie-m, i will contact you regarding this if that’s ok.

Thanks,
JP

+1 for D.T.’s comment Corey knows his stuff. I have also had experiences with @jamie-m and he is great. These guys are orders of magnitude better than the average backyard broker or (even worse) your local bank manager.

It varies from bank to bank, I have had good response when allowing 6 months in between purchase and refinance 12 months even better. Any less than this it is tricky to convince a bank’s valuer of any real growth unless your reno is much more substantial. I have also had blanket policy of no refinance in less than 6 on occasion, despite the…[Read more]

@Jamie-M & @cjaysa,

Because VIC is the second state with highest median property price plus the migration rate and amenities is already established compare to the other state.

Source: http://www.melbourne.vic.gov.au/BuildingandPlanning/FutureGrowth/Documents/Understanding_Property_Economics_Drivers_Housing.pdf
and also this Infographics:…[Read more]

@Jamie-M & @cjaysa,

Because VIC is the second state with highest median property price plus the migration rate and amenities is already established compare to the other state.

Source: http://www.melbourne.vic.gov.au/BuildingandPlanning/FutureGrowth/Documents/Understanding_Property_Economics_Drivers_Housing.pdf

Correct me if I’m wrong, if I look…[Read more]

@mddedf its great to come to forums like this an learn! Congrats on beginning the journey it is much cheaper to learn by asking than by getting ripped off with a poor transaction first time so well done.

The post above is the difference between trying to work everything out on your own vs finding a great team of partners to work with.…[Read more]

Hi @Jamie-M,
Yes I have a second OCC loan. I am led to believe most investors set up their other loans as interest only?
Kindest,
Christine

Hi guys,

A late reply – property can’t occupy our every thoughts now can it? ;)

@Jamie-M I’ve seen you mention the $20k reno a few times. That must have really stung. Obviously your business in doing great guns and you have yourself a bloody nice place to shower, s..t and shave every morning!

@CjaySA Thanks for your comments. Spot on. Cheap,…[Read more]

Hi guys,

A late reply – property can’t occupy our every thoughts now can it? ;)

@Jamie-M I’ve seen you mention the $20k reno a few times. That must have really stung. Obviously your business in doing great guns and you have yourself a bloody nice place to shower, s..t and shave every morning!

@CjaySA Thanks for your comments. Spot on. Cheap,…[Read more]