Thanks JPS.

Amy & Sean from Channel 7's House Rules live in Nundah too – so surely that will create interest in the area right? 

LOL! Good on ya Nathan – the blue didn't really show up on my screen. 

Cheers mate.

Hi Jamie,

Are you able to pass on the links to those reports – or point me in the right direction?

Cheers, 

Concur with Les,
Steve's Property Apprenticeship is something we're doing at the moment and we're learning lots! Highly recommend.

Hey Mate, 

All good. Have been quite busy ourselves.

Look forward to hearing from you re: painter details.

Cheers,

Jye

Hi Kent,
Flicked you a couple emails with some questions the same day I replied to your post.
Hopefully you received it. If not let me know.

Cheers,
Jye and Tahnee

Hey Daneo79,
That's a good idea.
Do you use any "easy to use" interior design software like this in your project management work?
If there is cost efficient option out there, we'd be interested to have a look.

Cheers,
Jye and Tahnee

Hey Wilko,
Thanks for the advice mate.
We have realestateinvestar.com access, so will pull our recent sales data (within 6mths) from that for the comparative sales of renovated properties in the suburb that we're looking. What we'll do is look at probably starting with a search for comparable renovated houses within a 2km radius (from the house we…[Read more]

Hi Shahin,
Brokers reasoning behind why he said banks would never lend funds for a 1st time renovation were just that he said they'd perceive me as too high a risk. Unsure of whether he was driving me to make a decision that would benefit him more than me? Will never know I guess.

Cheers,
Jye and Tahnee

Thanks Jamie.
Appreciate the response.
Interesting to know about the claw back issue.
Is that like an industry standard / the same with all lenders?

Cheers,
Jye and Tahnee

Hi Kent, 

Thanks very much for your advice. 

Many successful renovators have told us now "it's all about the numbers". So we are starting the phase of finding a suburb/area where the numbers will actually work. 

Have signed up to the propertymeeting.com.au site, so look forward to the next meeting in Perth which is "coming soon".

Cheers,
Jye…[Read more]

Ok great Daneo79,
Do you have his details? Will grab a quote off him for our project.
Will be looking for a good property lawyer in Perth ourselves.
As for mortgage broker – we'll plan to go with Richard Taylor. QLD007 on this forum. He's QLD based, but it doesn't really matter where your mortgage broker is. Cheers.
 

Hey Kate, just flicked you an email.

Cheers,
Jye and Tahnee

Thanks for your post Catalyst.
Didn't think it would be that difficult.
Seems what I am suggesting (i.e.an  "as if complete" valuation) is an "ideal". I've also learnt that apparently even after having provided an "as if complete" valuation (if I can get them to commit to one) a valuer may still re-neg on it at the point where the reno is done and…[Read more]

Hi Ashley,

You're right there really are not many resources available that step you through the process of subdivision (a market for educating perhaps?). In saying that though as you've highlighted before, it can differ greatly between states and even  councils within a state.

We're in Perth – subdivision is a strategy that we may be interested…[Read more]

Would have to agree with Jamie & Dan. I wouldn't be happy with people taking photos inside our home during an inspection.

Cheers,

Jye.

Logically and articulately explained JacM. 
As you said everyone will have different formulae they work with if they are doing buy-reno-sell (for profit) projects. Different people may even be happy to settle for different percentages of profit returned for each project. And yes…if you can't make a profit after ALL of your costs to acquire,…[Read more]

Logically and articulately explained JacM. 
As you said everyone will have different formulae they work with if they are doing buy-reno-sell (for profit) projects. Different people may even be happy to settle for different percentages of profit returned for each project. And yes…if you can't make a profit after ALL of your costs to acquire,…[Read more]