michelle cree replied to the topic Insurance in the forum Help Needed! 14 years, 10 months ago
nrma were absolute nightmare in our recent tenant damage and rental claim, went on for months, terrible service too, cost us about 5 grand, shouldn't have bothered claiming
michelle cree replied to the topic buy, reno and sell ?? in the forum Legal & Accounting 14 years, 10 months ago
Hi YI,rent estimate 140 /150 week before, got $170 week after reno.not much increase but thought it a good cash flow buy. basically house was filthy and really needed reno, new paint, carpet, some retiling bathroom, tiled kitchen floor (cheaper than lino!), new curtain,blinds, garden tidy, and built a wooden deck.we should have bought closer,…[Read more]
michelle cree replied to the topic 1% Rule for an investing property – what strategies can i employ to secure it? in the forum Hi Richard and Terry,yes 14 years, 10 months ago
Hi Richard and Terry,yes thank you very much for all the really interesting comments, you can learn so much from throwing ideas around and soaking up others knowledge. your time is much appreciatedta michelle
michelle cree replied to the topic buy, reno and sell ?? in the forum Legal & Accounting 14 years, 10 months ago
Hi,thanks for positive reply, was abit shy about sharingI feel its worth all the stress, but at times it was really hard, just scrape by money wise most of time, especially when I finished work to have bub last sept and the interest rates were rocketing up!! held our breath then! wer are average income couple, just didn't want the average life of…[Read more]
michelle cree replied to the topic buy, reno and sell ?? in the forum Legal & Accounting 14 years, 10 months ago
himy first reply on post I enjoy readng all the different opinions as well, learning from each other and sharing ideas, then making up your own mind.Can I share what we have done?My partner and I own 4 properties now, 3 in areas of very tight rental demand, all reno rescues and renovated ourselves on very very tight budget. We basically slaved…[Read more]