Nathan Birch replied to the topic Trouble Selling a Proterty in the forum General Property 20 years, 8 months ago
propertys dont sell for 3 reasons,
the three P’s
Price
Presentation
Promotinif all three are in line u will sell,
price if too dear in todays market place people will look at cheaper,
presentation which will mean price,
and promotion, u have to be getting people through 2 sell it u cant sell a secret>hope that may be some help 2 u, any q’s…[Read more]
Nathan Birch replied to the topic Investment TERMITES! in the forum General Property 20 years, 8 months ago
wrappack, in my message b4, i will never sell property only if i was financially unable 2 keep it.
i belive that cg properties the house should only be like 5% of the propertys value
so like i paid about 8% or so its still ok. like good rental, good cg’s and who cares what happens in 10-15 years time i can knock it down after the house has paid…[Read more]Nathan Birch replied to the topic Investment TERMITES! in the forum General Property 20 years, 8 months ago
what i was thinking is asking the agent i am going to use for management of property if they want to put their sign up there and manage my house for free….
i think this would be something new but might be able 2 work something out with the agent!
how much rent per week do u feel it would be worth….??? $15 per weekNathan Birch replied to the topic Analyse this… please?! in the forum General Property 20 years, 8 months ago
Hi guys,
as i mentioned earlier i just brought my 1st IP,
it is a -geard at moment but by next 3.5 years i want 10 +cf property to pay off the -geared one i just brought and mixing all of my investments.
so i come off neutral geared.
then buy homes which need like $30 per week donation to them but the land content will of course go up so then i…[Read more]Nathan Birch replied to the topic Investment TERMITES! in the forum General Property 20 years, 8 months ago
Thanks heaps guys for all of your posts, i brought this place like 5 weeks ago it settles now on monday.
as an investment in sydney it adds up to be good i could have haggeled other homes in area bit better presentation but in rougher parts for same money maybe…. or prob lil bit dearer.
thanks once again, kay… i mean i want to get another one…[Read more]Nathan Birch replied to the topic Investment TERMITES! in the forum General Property 20 years, 8 months ago
Thankyou guys for all your thoughts on my property!
i will let you all know how it goes!
settles on thursday![biggrin]Nathan Birch replied to the topic Investment TERMITES! in the forum General Property 20 years, 8 months ago
Thankyou guys for all your thoughts on my property!
i will let you all know how it goes!
settles on thursday![biggrin]Nathan Birch replied to the topic Investment TERMITES! in the forum General Property 20 years, 8 months ago
its solid concrete slab construction,
they said evidence of past activity, and they could “possibley” be in wall, and roof, big BUT.
its cheap for sydney and will gain capital growth for me, and then more equity.
the roof wasnt sagging or anything from my memory, and the building inspection did not even pick up any evidence, just the pest report…[Read more]Nathan Birch replied to the topic Investment TERMITES! in the forum General Property 20 years, 8 months ago
the pest inspector said probably 10,000 damage + then about $2500 to repar the termites
i got $17000, off my already negotiated price.
so all up i got $32,000 off. if i was to demolish and start all over which i dont have to do it would be like $15000 + $65000 for cheap building.land value for the area well… land doest sell there coz there…[Read more]
Nathan Birch replied to the topic Investment TERMITES! in the forum General Property 20 years, 8 months ago
the pest inspector said probably 10,000 damage + then about $2500 to repar the termites
i got $17000, off my already negotiated price.
so all up i got $32,000 off. if i was to demolish and start all over which i dont have to do it would be like $15000 + $65000 for cheap building.land value for the area well… land doest sell there coz there…[Read more]
Nathan Birch replied to the topic Investment TERMITES! in the forum General Property 20 years, 8 months ago
i belive that the property how it sits i can get about 10-15 years rental out of it.
then i dont care, like id doubt a house will fall down because there may or may not be termites in it.
There have been people living in it now for some time and it has concrete floor, + i plan on treating them i not concerened about repairing it, that il just keep…[Read more]Nathan Birch replied to the topic Investment TERMITES! in the forum General Property 20 years, 8 months ago
thanks rugbyfan,
i guess u from sydney.
this is near mount druitt.
if u know the market there at all they normally go for like 330,000 for a b/v @ 25 years old,
so this hardiplank beauty is a good little starter i belive.
i have to add 200$ per week to it but yeh it cost $248,000 and i plan on spraying termites for $2500, and then renting it…[Read more]Nathan Birch replied to the topic Investment TERMITES! in the forum General Property 20 years, 8 months ago
yeh in walls and ceiling,
it is on a concrete slab, so not in floor, i will get it sprayed.
there is no tenant at moment, the pest inspector said to follow up every month. so it sounds pretty bad but on the otherhand it is cheap and paid next 2 land price.
it is an investment after all, and it is liveable you know…… but it has past termite…[Read more]Nathan Birch replied to the topic Investment TERMITES! in the forum General Property 20 years, 8 months ago
yeh in walls and ceiling,
it is on a concrete slab, so not in floor, i will get it sprayed.
there is no tenant at moment, the pest inspector said to follow up every month. so it sounds pretty bad but on the otherhand it is cheap and paid next 2 land price.
it is an investment after all, and it is liveable you know…… but it has past termite…[Read more]Nathan Birch replied to the topic Properties in North West NSW in the forum General Property 20 years, 8 months ago
Where abouts should i be looking to buy property that fits those categorys?
like 25k?? for 100pw returnNathan Birch replied to the topic New! in the forum General Property 20 years, 8 months ago
Thanks Chan,
I am in process of looking for my new property, i just dunno how to do the figures on populations and stuff, i found some good ones which return $110pw on a $58000 purchase, but they only have like 2000 people in the township they currently have tenants in them but, u know….. just nerves.
they r like 7 hours out of sydney.Nathan Birch replied to the topic New! in the forum General Property 20 years, 8 months ago
Thanks Chan,
I am in process of looking for my new property, i just dunno how to do the figures on populations and stuff, i found some good ones which return $110pw on a $58000 purchase, but they only have like 2000 people in the township they currently have tenants in them but, u know….. just nerves.
they r like 7 hours out of sydney.