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MTR
Participant
@marisa
Join Date: 2004
Post Count: 663
August 13, 2004 - 3:34 am
Hi Wayne
We have refrig and Evap in different props.
Cant say which is best as there is Good and bad with both systems.
Can I suggest you pm DD, I was impressed with his prices. Cheers[biggrin]
MTR
Participant
@marisa
Join Date: 2004
Post Count: 663
August 10, 2004 - 10:00 am
Hi RJK
I am in the process of getting renovations to my IP.
It comes down to $, if you can pick up the property cheap enough, why not.
I picked up this IP for $25,000 my reno will cost me around $14,000 and rent will be $110 pw.
In this area similar properties were selling for around $60,000, rent $110 pw.
The real estate agent advised me that I would now get around $65,000 for my IP.
Good luck[biggrin]
MTR
Participant
@marisa
Join Date: 2004
Post Count: 663
August 6, 2004 - 11:39 am
Hey, there are other areas to look at besides Victoria, …. try WA, Tasmania…. [blink]
MTR
Participant
@marisa
Join Date: 2004
Post Count: 663
July 31, 2004 - 11:27 am
Hi all,
after reading posts, I believe you should have a chat to people who actually employ apprentices to get a real picture of the costs involved?
You will only then realise WHY THERE IS A SHORTAGE OF APPRENTICES …….
MTR
Participant
@marisa
Join Date: 2004
Post Count: 663
July 31, 2004 - 11:23 am
Hi Lisa, thanks for that info currently looking at same. Would you be able to advise on what cost unit/house would be and kind of property, ie 3×2 or whatever.
I am also from Perth, and curious about development area?? if possible Cheers[biggrin]
MTR
Participant
@marisa
Join Date: 2004
Post Count: 663
July 31, 2004 - 5:53 am
AC, I was on same track as you, except I dont even see these with commercial (5+5+5) unless over $1m.
MTR
Participant
@marisa
Join Date: 2004
Post Count: 663
July 30, 2004 - 5:23 am
Hi Caz
before you go any further whether you decide to purchase the IP for yourself or acting as a spotter it would be wise to get an estimate of costs involved.
You mentioned that it is only cosmetics, a cheap paint job could cost minimum of $3,000.
Once you have this information then you should be able to work out whether it is still viable to go ahead.
Cheers, Marisa
MTR
Participant
@marisa
Join Date: 2004
Post Count: 663
July 27, 2004 - 1:15 pm
Rogue
love your humour….. then I am not from Tassie[biggrin]
MTR
Participant
@marisa
Join Date: 2004
Post Count: 663
July 27, 2004 - 1:04 pm
Hi Wayne,
I would have to agree with Derek on this.
Small fee to pay in comparison to savings you will potentially make.
Cheers, Marisa[biggrin]
MTR
Participant
@marisa
Join Date: 2004
Post Count: 663
July 27, 2004 - 12:56 pm
Hi there,
we use Charles Ridolfo & Associates they have just moved to Adelaide Tce, Perth.
We have used them for a number of years now and have found them to be excellent.
MTR
Participant
@marisa
Join Date: 2004
Post Count: 663
July 26, 2004 - 8:35 am
Hello all, great to hear that those who attended forum enjoyed the event. Wish I could have attended.
Can I just get to more of the nitty gritty. With change in market can anyone share more info on ideas/strategies that Steve is now promoting.
Cheers[biggrin]
MTR
Participant
@marisa
Join Date: 2004
Post Count: 663
July 25, 2004 - 10:46 am
Felicity, was not aware of this as normally dont use this topic. Cheers
PaulDObson, thanks for website info.
MTR
Participant
@marisa
Join Date: 2004
Post Count: 663
July 23, 2004 - 12:45 pm
Hi Pepper, I recently placed an offer on an IP well below asking price, my partner stated “THEY WOULD NEVER ACCEPT THAT PRICE” …. guess what, he is eating his words now…. I got it.
Go for it if you dont you can be sure someone else will.
Good luck[biggrin]
MTR
Participant
@marisa
Join Date: 2004
Post Count: 663
July 23, 2004 - 10:30 am
Hmmmm, now I am just trying to work out how many $1 coins you actually need?????[blink]
MTR
Participant
@marisa
Join Date: 2004
Post Count: 663
July 23, 2004 - 9:47 am
Hi futurewealth
I am a person who is “technically challenged”, and have managed to repeat the same reply a million times and stuff it up no end.
However, I think I got it now, and if I can you can.
PS
Press search, type “Jaffasoft calculator” that’ll bring up something interesting. CHeers[biggrin]
MTR
Participant
@marisa
Join Date: 2004
Post Count: 663
July 23, 2004 - 9:34 am
Thanks Kay for your help.
[biggrin]
MTR
Participant
@marisa
Join Date: 2004
Post Count: 663
July 23, 2004 - 9:24 am
Thanks Kay H for info.
Robo, great, however cant really afford this so guess will be painting.
MTR
Participant
@marisa
Join Date: 2004
Post Count: 663
July 23, 2004 - 8:01 am
AC, sounds good to me …. [biggrin]
Westan,
I agree, recently purchased IP in regional WA, after viewing at least 6 homes depressed as returns were very ordinary.
However, the last property I viewed required a reno, I managed to pick it up well below market value. After completing renovation will be making approximately 15-18%.
The problem is trying to repeat this……[strum]
MTR
Participant
@marisa
Join Date: 2004
Post Count: 663
July 23, 2004 - 7:47 am
robo, I have recently purchased fibo, will possibly paint external sometime soon.
Just wandering do you know if it is costly to reclad a house (small 3 x 1) approximately???
If possible. CHeers[biggrin]
MTR
Participant
@marisa
Join Date: 2004
Post Count: 663
July 23, 2004 - 7:32 am
Hi all
Regardless of the strategy, simply cant deny the fact that there are people on this forum today making money in regional areas and overseas who have achieved capital growth and have positively geared properties.
I can only see a problem if you are buying without researching regardless of the area/location. [exhappy]