JONCHU replied to the topic I am looking for recycled hardwood in the forum Help Needed! 17 years, 1 month ago
Hi Simon, don’t know where are you based. I work the hunter area in NSW and there are a couple of recycled wood places, good value too. My tradies are instructed to keep and re-use wood when possible. I would love to share photos of it, however we try to use this wood for interior structures (form for walls, baths, etc) and use new timber for d…[Read more]
JONCHU replied to the topic capital growth on townhouses? in the forum General Property 17 years, 1 month ago
Normally, a town house would be cheaper to run, and attract a higher rent (if closer to the city). A house would have a higher capital growth due to the land content, remember land appreciates, building depreciates… Happy investing
JONCHU replied to the topic How do you find out what a property previously sold for??? in the forum General Property 17 years, 1 month ago
Property Data Solutions, PDS, is operating in NSW now and are a similar however much cheaper option than RP data, etc…Before you subscribe to any service, I want to share with you that there is a lag between the time the property gets sold and the time you can search for it in any service available out there. This lag includes settlement and…[Read more]
JONCHU replied to the topic Painting Tiles in the forum Value Adding 17 years, 1 month ago
Hi there Mark makes a good comment. The cost of tiling for my renos range around $25 to $35 per sqm (for the tiles) and around $20 per sqm for laying the tiles to finish. Work how many sqm you have( you can do this by measuring the length of the area and the width and multiply both measurements). Call some tilers in your area and give them the…[Read more]
JONCHU replied to the topic Front Fence+ in the forum Value Adding 17 years, 1 month ago
I do my renos not too far from you (Hunter), may I suggest you place a tiny $20 add in the paper and you will see how many handy man/fencers you will get, I got 25 calls in 2 days. I tried a few out and now I have found a couple of guys that charge me less than a fencer and do the job just as good. The other option would be to call the handy man…[Read more]
JONCHU replied to the topic Never, ever renovate. in the forum Value Adding 17 years, 1 month ago
Hi my name is Jon, I am a full time property investor, it would be good for you to think about this: If you do the work yourself, then it is not an investment, if you delegate the work and manage from home/phone/odd visit to your sites, etc, then it is an investment. For me if I had to pick up a hammer I would have stayed at my corporate job,…[Read more]
JONCHU replied to the topic Knocking out an internal wall in the forum Value Adding 17 years, 1 month ago
May recommend you delegate this job. Talk to the “owners corporation” of the building and then get a semi retired bricky to do it, he will charge you around $40 bucks an hour and you just need to work out with him how many hours it is going to take him to do it, and then see if it fits your reno budget. It sounds like by DIY you wont get the qual…[Read more]
JONCHU replied to the topic Fencing in the forum Value Adding 17 years, 1 month ago
I Zoe, I live in an area (corner block) that even though I would not classify as a rough area, I have a lot "traffic" from the local pub, my fence gets kicked, schooner glasses smashed on it, drunks crashing on it and the odd rock every now and then. When I bough it, it was an investment property that later on became my PPOR, we had to fence it a…[Read more]
JONCHU replied to the topic My banker vs My accountant in the forum Legal & Accounting 18 years, 6 months ago
Hi Cata, nsw here, and thank you for your reply.
When I bought them my brother lent me some money for the deposit. I have already set up the structures , what I wanted was to put them in the trust anhd thern allocate units equivalent to what each of us put at purchase time.
What do you mean by a cheaper option?
Thanks once again mate