I just put down laminate floating floor in my rental property and love it. However, I don't know how it's going to wear in the long run, and would imagine that tiles would be longer lasting. However, the laminate flooring is definitely the cheaper option, and so much quicker to lay than tiles. Good luck!Jess

Just another question regarding cgt, which you may be able to help me with Richard (or anyone else!)…. I have heard that you can be an "owner builder" once every 3 years and pay no cgt? So, my situation is, we have a PPOR for which we have lived in for 5 years, and we have an IP that we purchased in May this year, have just renovated and are…[Read more]

Thanks Richard – you've always got the answers! And am I correct in the calculating of cgt? The tax office takes into account the amount of money spent on reno's?CheersJess

Hey Karen – here it is http://propertyinvestingmummy.blogspot.com/ !!!Have quickly entered a couple of posts… sorry, name of blog is similar to yours… I'm trying to think of something else!!!I hadn't thought of blogging about it before, but, as I said you've inspired me!Anyway, check it out… by the way, I have a friend in Mackay who is a…[Read more]

That's great news, congrats! I've just checked out your blog… it's great! I am also a property investing housewife!! My hubby works away a lot, so the property investing journey is mostly mine… I'm currently renovating our first IP, which I will put a tenant in until mid next year, and then sell and move on to the next one. I soooo hope my…[Read more]

Hi there Renos – feel free to shoot me an email – [email protected], Jess

hahaha, been there, done that!! Bugs don't look so great on a beautifully painted feature wall….maree_bradross – I am about to begin stripping wallpaper (for my very first reno!) – what is wall wik??CheersJess

Hi guys – sorry to those I haven't replied to on this thread… i've been very busy – holidaying, and yes, renovating!Alex – I have just begun my first reno, and am now in the full swing of it…. I knew it wouldn't all be smooth sailing, but I didn't think it would be soooooo frustrating! It's only a small reno really. It's a small 2 bedroom plus…[Read more]

Hi Karmark – welcome to the forum! I'm absolutely no expert, but I do know that the banks will only loan you 80% of the equity you have in your home i.e. $120k equity, they'll loan you up to $96k. I believe it also depends on your borrowing capacity which comes back to your income and ability to repay the loan. One of the finance experts on this…[Read more]

Looking great Brian – would love to see some more photos!CheersJess

Jess hi,Sounds like the workshop was worth every penny! I bet you are ready to take off!Thx for your feedback-its got me thinking and now i am considering doing their workshop in syd later in the year.Can you please tell me if amongst all the goodies that you got, did they provide any software to assist with analysing and /or managing  projects?…[Read more]

geoffandcassie wrote:
Hey Jess,that does sound like a great overview of topics, I have one question if you don't mind answering? Do they teach you about financing properties when you're just starting out, ie how to obtain finance?I was looking at managing renovating properties for a living, but obviously to do that you would need to quit your d…[Read more]

Hi dbliss – no I didn't get your email!! Did you send it my home address? [email protected] I would love to catch up too, trust me there'll be plenty to talk about! Could you try emailing me again? CheersJess

Hey Mav – I agree with Jason – i would imagine it would be far too expensive to try to restore it. Restoration and Renovation are two very different things. And at the crux of it – restoration is more expensive! You're probably better off to bring it up to a light, bright, modern standard that will appeal to all types of different people. Anyway -…[Read more]

Hi Jason – I just had a look at your Nerang house, looks great. Is it an expensive process to render the entire house like that? ThanksJess

Hi everyone – well I have just had my weekend workshop with Stephen & Cherie, and it was great! Really comprehensive… Cherie is like this crazy woman who covers absolutely every single detail you can think of! And Steve – well he's just funny!!No seriously, it was very full-on, loads of information, their Due Diligence System is very…[Read more]

Great thanks Tina – I did actually email them last night so I'm sure now that I've done that I'll be on their e-mail list too! I might think about going too. If I do I'll let you know. CheersJess

Hi Tina – I haven't heard of  "Women in Property" either so I just checked out the website. Can't seem to find when their next meeting is though – do you know? Might be good….CheersJess

Thanks so much for the feedback Ian! Great to hear you enjoyed it. I am off their workshop in Melbourne this weekend and I'm very excited about it!CheersJess

Hey Kylie – I've sent you a pm – not sure if it worked though… you can email me at [email protected] – would love to catch up!Cheers, Jess