Lookin for anything tips on how to reduce cost. Personally don't care about others using the eastment for free.

http://home.id.com.au/id-community/public-resources

Everything you want to know about an areas demographics!

Hey!

Out of curiousity is your aim to move out of your parents place or to have a place of your own?

What if you invested in a place with high rental and used a small portion to rent a room or a cheaper place? This way you can still move out and claim depreciation etc. Mix it up, perhaps buy a place and live in for 6 months (renovate?) then find…[Read more]

25 now, just bought second property, doing some small construction on said lots, which will hopefully turn it into 5 rental properties by middway this year (plan to purchase 2 more investments if things go well interstate by start of 2013).I asked myself the same question, and realised, WHY do I really want my own place? The only answers I could…[Read more]

Currently in the approval stage of having a couple of properties built in Western Sydney.The land itself is slanted away from the main road on both lots, yet good communication with council has opened up a few options on how to get around it.Never hurts to ask, especially when you ask the right questions to the right people.

Just a thought, best talk to a lawyer, just something I heard."Law . a legal notice to a court or public officer to suspend a certain proceeding until the notifier is given a hearing".My understanding of it is, a third party can place a claim on your property in which case you are prohibited from doing anything with it until a court proceeding…[Read more]

Hmm…Would having a third party place a caveat void any sale of the property?Could this be done asap?

What's the land zoning?

Thanks guys,

Working on something now, will post when I finish it (if I can).

Hey,Had a tenant with like 3 dogs and 3 cats. (dogs outdoors, cats indoors).Clause added to steam clean every year, and tenant liable for any damages incurred, added $10 to the rent per week.Any damage was picked up during inspections.No hassles whatsoever.Being a renter myself, a housemate had a cat once, she made a 'resume' for her cat which s…[Read more]

The expensive part is building a house worthy to be on an island.You'd have to take all the building materials over by barge, either build all by hand, or bring in construction vehicles as required.That's where the expense is… That's what makes it go up into the million+ mark.

Bit stressful like that sometimes,However all that info is easy to come by.http://www.realestate.com.au/buy propertyhttp://www.myrp.com.au/n/myrp-410?gclid=CNeDlIn9yK4CFcODpAodW1AS-w free suburb profilehttp://home.id.com.au/id-community/local-govt-products/profileid demographicshttp://maps.google.com/ location, surroundings, am…[Read more]

I'll check,I think the largest land I personally am aware of is about 900m2.That's my rents place and I don't think they would appreciate it being put on the market :pYou'd be looking at at least $700k (at one point the valuation was $800k+) and the earthworks cost would be astronomical it is not fit for dual properties.Unless your going Dural…[Read more]

Hey,I grew up there, family and friends still live there.Will need large capital to start.Area hasn't moved much, transportation is a problem.Always some small development around, perhaps that's a sign, however as far as I know the land was bought a long time ago and is greenfield (no-demolition required, just tree removal). Developers who are…[Read more]

Hi Chen,Was there a property in mind?Just some points:The construction cost seems too low, unless your keeping the existing house;Existing houses on 1000m2+ blocks in the area are well over $750k (although I haven't really looked to see what was available);Also I didn't notice a cost for earthworks.I grew up and lived in Cherrybrook until quite…[Read more]

Do you mean like a granny flat?Shouldn't be that complicated. If it is just for rental subsidy, perhaps a pre-fabricated or off-the-plan granny flat would suffice.Shop around I found some for 30k + install and contributions (~25k), as opposed to the mobs sellilng them 'cheap' at 80k install.

Hey Bear09,Great post regarding CONTRACTING. My supervisor does it and is hitting the 300k for a role which normally pays 180k. I'm not quite there yet to contract myself out (not sure I want to be tho, very 'life' consuming) :pI would say a lot of us are in similar situations. I travel a lot so listening to audio tapes by people like Anthony…[Read more]

Hey,Have been thinking the same thing regards to how to improve my cashflow position. Only realistic solution I came up with was to start a business venture (and have commenced persuing it seriously with like-minded aquaintances).Starting a business will definately bring more income as you will have multiple revenue sources (customers) as opposed…[Read more]

Hey,I'm focusing around all the suburbs with railway lines, and i'd assume so are most people. This leads me to the next question.For those investing in the area, what are your thoughts on suburbs like whalan, tregear etc?Further out yet considerably cheaper. You would need look at them in person tho, a lot are in bad neighbourhoods. eg. Saw a…[Read more]

A helpful site that assist in understanding an areas demographics.http://home.id.com.au/id-community/public-resourcesOr if you find that site hard to navigate, much simpler, less detailed:http://www.myrp.com.au/ttsvr/n/free-suburb-profile-report/myrp-410