TheFinanceShop wrote:
$440 is a lot for a valuation. Is the property rural or located within metro? If you are looking to take out new funds – most lenders provide free or discounted upfront valuations.

Hi Shahin, thanks for the reply. The property is located in Melbourne Metro, 20KM from CBD. As i'm not really looking to take new funds out…[Read more]

Jamie M wrote:
Do you have a mortgage on the property? If so, do you know if the lender allows for free upfront valuations to be carried out? 

Cheers

Jamie

Hi Jamie, thanks for the reply. The property has a mortgage with CBA. I was thinking of getting it valued for my own records. I guess i would like to know what the house is worth from a…[Read more]

That's a great tip, we never actually thought about that. 

jeromejf wrote:
Thats just wrong !!

seems pretty unfair to me  and possibly illegal as well  in that respect

That's what i think. I said to my mate just go straight to the vendor and deal with them direct.

Hi Terry,

His certainly no time waster. He has purchased 3 properties from the same agent in under 2 years.  The agent some how thought there was some sort of deal where my mate purchases the property and the agent gets to manage the property. When the agent realised some one else is managing the property he hit the roof.

Don't let Freckle see this post….  i get scared when he gets mad!

I've recently tiled the floors of my IP. (kitchen, hallway, bathroom and laundry). Stupid me purchased porcelain tiles which are bloody hard to lay and get all square. Everyone comments on a great job, however i wouldn't do it again. Sore back and knees for a week. 

If you get the planning right it shouldn't be too hard.

Lol at jamies comments! You don’t want an awkward moment with the wrong person in a bathroom

JacM wrote:
  Let's say the owner decides to remove the entire kitchen and all the carpets and expects the property still to settle in your name.  You need a solicitor to throw their weight around on your behalf when such things happen.

JacM, believe it or not this happened to me. Once the solicitor had his money he couldn't care…

PEACHY wrote:

Our original plumber sent us a quote the other night…from $20 000 down to $2,650! Too little, too late as we made our decision to go with the middle of the road quote that provided detailed and quick responses without being prompted.

I'd love to know how he was able to reduce the price by over $17000 just like that!

Freckle wrote:
Just watch you don't kill your air flow. Drops efficiency bigtime.

That's what i thought when i first saw the photo. I read some where your not meant to block air flow to the unit

Has Mrs dubs got a sister?

Yep fair point Richard

I for one don’t beleive in wealth creation specialist. All the information you need is here.

I bet the bank won’t lend, too high of a risk

Dubstep wrote:

You could sell them at the dollar shop !

Actually i've seen these blocks advertised in The Reject Shop catalogue!

Next time some one tells me what can you buy for $1, I'll tell them a block of land!

Tiles every day of the week! If you have a leak you will be replacing the floating floor every time, costing you time and money. Not to mention scratches.

As for the kitchen, for $3000 you may as well do it. First thing people see is the kitchen and bathroom.  Just don't go put marble or granite bench tops!

JacM wrote:
Gasp!  My dear Freckle, are you endorsing property investment? (in East TImor?)

Fell off my chair, never thought I’d see the day! Haha

PEACHY wrote:
We have found with all our places that when we are satisfied with an agent but not some of the management contract conditions they will usually agree to cutting these out if you negotiate or just cross them out when signing. Eg we didn't want to pay a $15/mth admin fee, so we crossed it out. Also didn't want to pay a half week rent…[Read more]