pjreno replied to the topic Investment property advice needed! Blue board cladding used for building an entire house. Concerned buyer in the forum Help Needed! 16 years, 1 month ago
Blue board is a very common material particuarly for upper storey and infill applications as it is light weight (compared to brick work). Blue board is a 7.5mm thick cement sheet product with a blue water resistant coating (hence the name) and is generally used as a base to render over. If done correctly it can be quite reliable and durable.…[Read more]
pjreno replied to the topic What are the rough costs to develop a small set of units? in the forum Value Adding 16 years, 10 months ago
How long is a piece of string? Basic units anywhere from 10K per building square plus development costs. Have built a development of three units for 500K plus land etc. Hope that helps you.
pjreno replied to the topic Mortgage advise required in the forum Help Needed! 16 years, 11 months ago
Im assuming your in Melbourne? If so try Chris Brown from Financial Design for Life for your financial planning. And if you want some further help with finance try Chelsea Bouma from Momentum Homeloans on 0438042058, her service is fantastic. Maybe checkout the claimable intrest thing with your account. Cheers
pjreno replied to the topic Help me with this deal i got offered plz… in the forum Help Needed! 16 years, 11 months ago
Hi there! Sounds like an interesting deal. Borrowing 100% you may have problems if lenders consider this to be a 'serviced' apartment, outlined below. (If this is the case you may only be able to borrow 60-80%.)These properties are usually residential strata title and are always accompanied by complex operating leases which dictate the terms of…[Read more]
pjreno replied to the topic property acquisition strategy for young investor in the forum Help Needed! 16 years, 11 months ago
Wow, your certainly on the right track with your passion and keen interest at a young age. Gr8 to see. When talking strategy i would reconmend getting your self a good accountant and mortgage broker to become part of your 'team'. Small hint, try to find acc/broker's who are property investors themselves. If you need a good broker let me know! C…[Read more]
pjreno replied to the topic To do or not to do? in the forum Value Adding 16 years, 11 months ago
Depends what market you are in or aiming at, think about your market and who will bebuying such a property? Are you renovating units or houses? 1 or 2 bathroom dwellings? If only 1 bathroom I would tend not to install a spa, particuarly if its at the expense of a conventional type shower. Just a few things to consider. Happy renovating,Cheers,Paul