Hi there
I am in the middle of reading ‘Don’t sign anything’ by Neil Jenman (ex REA). All I can say is ‘DON’T SIGN ANYTHING’ until you are happy with the contract. In order to be fully happy you would want to know that you have had legal advice from a lawyer, you have been able to do all of your due diligence by viewing rental agreements etc. If…[Read more]

Plus if someone sues your business then the house is up for grabs as well!!

I went to a property investing seminar on the weekend and one of the speakers was Melanie MacDonald a commercial property investor. One interesting point that she made was that a valuation on a commercial property will always be lower if the property is valued while vacant. This is due to the high vacancy rates in commercial property. So check…[Read more]

I went to a property investing seminar on the weekend and one of the speakers was Melanie MacDonald a commercial property investor. One interesting point that she made was that a valuation on a commercial property will always be lower if the property is valued while vacant. This is due to the high vacancy rates in commercial property. So check…[Read more]

Thanks Marc and AmandaBs
Have bought today
Rich Dad, Poor Dad (seemed to be popular). R. Kiyosaki
Don’t Sign Anything (need to know the tricks). N.Jenman
0-260+ properties in 7 years (couldn’t find other one) S.McKnight

I will check out the library for some of the others in time. I am also keen to find the property development book you mentioned…[Read more]

Hi Fatman
If you are only going to renovate at a later stage have you just considered removing the remains of the existing grout and regrouting then remove/replacing the remains of the silicone which should be down every corner (instead of grout) and between the base and the wall tiles. I haven’t seen the shower of course but we acted as assessors…[Read more]

Originally posted by cathy38:
Thank you v8ghia and Julie. I forgot to mention that this flat is an IP in Qld.

The shower is next to an internal wall opposite the window so probably a few meters from the external wall. If some sort of exhaust is directed through the external wall or window I guess I will need to talk to the body corporate first…[Read more]

Thanks v8ghia, millions, sanjivgupta and pursefattener. I really do appreciate your recommendations and after pursefatteners reply I think that a great idea would be to borrow as many of those books (as possible) from a library and then purchase the ones that I would like on hand. Thanks heaps guys.

I suppose people could still reply as there…[Read more]

I can’t help with location; its just a matter of being in the right place at the right time but you can maximize the chances of securing a good one when it becomes available if you’re ready to go. New prop’s come on the market all the time so have your finance organized so that you can snap it up when it becomes available. We all would like to…[Read more]

Thanks Sam, have seen the first two in a bookstore before I was found this forum and wondered if they could possibly help. I looked at all the books when I first decided I had to do something and thought ‘I wonder if these people are REALLY property investors..or they like property investing but are successfull authors?….The third one I heard…[Read more]

Hi Cathy38
Here are a couple of links. You can get direct wall exhaust fans and if these links aren’t any help speak to a local electrical supplier as it seems most of these fans are sold through those outlets. Good…[Read more]

Hi Cathy38
You will have to start with giving the walls and ceiling a really good clean with something that will not only remove the visible mould but kill any residual spores not able to be seen by the naked eye; otherwise it will grow back. Vinegar is a great non-toxic antifungal etc spray it one with a trigger nozzle lightly and let it sit for…[Read more]

If you’re in a major city or regional centre, look up some local cabinetry makers and see if they have any post-formed laminate bench offcuts or slightly damaged benches that could be cut to fit your job. You may get a cheap benchtop that will suffice. You would be suprised how often a benchtop is accidentally damaged on job sites; we have had to…[Read more]

[/quote]
do you know if there is any logic or reasoning behind whether garage will be on the right of the house or left? i have seen quite a lot of plots where the garages are adjacent. So in my case i can get the same house but with the garage and bdrms swapped. Infact the plan that i sent you was completely the opposite of the actual house that…[Read more]

Originally posted by ShOw_Me_ThE_MoNeY:
Sorry, point 1 in my post i used the term mirror image, thats not correct. what i meant was just the garage and bedrooms swapped over.

I think I have confused you with my longwinded answers SMTM!

1. No, I would mirror image the entire plan for an east facing block.

2. Don’t buy a ‘north facing block,…[Read more]

Thankyou Kum Yin, that is nice of you to say.

You’re most welcome to share in the ‘little’ I know.[exhappy]

I, myself, need to learn much more than I know!![confused2]

Regards Julie.
Daryl Fisher Homes

Sorry SMTM
I should mention that if you haven’t bought the land yet, that the best block that you could buy for this plan would be a South-West facing block. This would enable your bedrooms (apart from yours) to get the early morning sun which is nice to wake up to. The alfresco/casual/living areas would recieve the sun during the day (eaves or an…[Read more]

Hi SMTM
If you are in Melbourne you will be in the temperate coastal zone. The greater issue listed for this zone is winter heating rather than summer cooling. Your study will get morning sun only as it faces the direction in which the sun rises; the rest of the day it will receive only minimal natural light as you have firstly the wall of the…[Read more]

In which State and City are you building SMTM?

Regards Julie

Originally posted by v8ghia:
Hi there. For my 14cents worth, for what it’s worth, after having moved from an almost South facing house on the NSW South Coast, to a North facing one, it is ‘chalk and cheese’. So much nicer in the mornings, and of course the main living areas are usually cooler during the day. Used to wonder what all the fuss was…[Read more]