I'm a structural engineer and that is the absolute minimum i would charge. that would get you a beam size, columns, pad footing and basic connection details.Anything fancy like cranks in the beam or special connections etc and I would def. be charging more. question: is there an architect involved that will provide the engineer with the…[Read more]

Good topic JacM, I'm currently looking at purchasing in a 'dodgy' area to get a few properties that are cash flow positive from the get go, so I will be following this thread with interest.

The rich countries have the high income, thus low property price to income ratio. The countries up the top have a lot of people who don’t work at all, thus no earnings, thus a high property price to income ratio. Sure, our prices might be higher, but we earn more so should be able to afford more. There are still plenty of affordable properties in…[Read more]

there are plenty of companies that will buy you property mate, they are probably a lot better at finding high growth property than us beginers. the average fee was about 10k which includes helping you set up your finance structure, get loans etc then review your portfolio each year or two to see if you can buy another one. they do not sell…[Read more]

I'm only new to all of this, however if you were to buy 4 of the units that would give you control of the body corporate which would allow you to win the votes to do up the exterior of the units, with the other 2 owners forced to chip in 1/3 of the costs. sure, you would only profit from 4 of the units, but the banks would be much more likely to…[Read more]

i'm with duckster mate….consult a property advocate and get some profesional advice…well worth the fee as they will do the investigation for you….you may be able to do it on your own but if you stuff up the first one, you could be set back 5 years. if you get it right you could be ahead of the game and looking at retiring in 10 years….were…[Read more]