Hi Skuz

Wow you probably got 12 months of weekend work there sorry not to sound optimistic but as carpenter and now architect you have some serious issues there all the interior linings need replacing because of the serious mould problem and it would be asbestos for sure once you take off the linings you could probably opening up a can of worms. All wiring would probably have to be replace and by qualified electrician $$$$ a plumber to would have to replaced the pipe work I would say  $$$. Maybe the external linings could be salvaged but get it checked out the roof sheeting looks new that's why there is mould on the ceilings. So I guest what I am saying is get a qualified builder to do a assessment on the place before you buy it because it is more than weekend work its serious building works.

Good luck  

Hi

TokyoJoe I recommend you get up to Niseko as soon as you can before it is turns into the mega resort the hotham development conpany want to turn it in to the next Aspen the snow is amazing and right now it is quite cheap ( lift tickets $45 Aussie per day).But don’t tell to many people ( probably to late for that ha ha)

Richo

There is Zao ?

Thanks Gross

I am also trying to put down as many post as possible to get more stars, hee hee

Richo[thumbsup2]

Hi Guys

If you buy to hold for the long term to take passive income in the future what does it matter what happens now is it about the cycles of the market.
Please correct me if i am wrong am hear to learn so go for it.

regards Richo [blink]

Don and Liz,
Thanks for the post I was about to lose my mind . Like f1jorden I was and am wonding if the c+f properties exist. is this a timing thing or are the good old days over I guest I am ask were is the cycle now.
Regards Richo

Redwing
thanks for response, mate I have the map out going from town to town and on the realstate.com with no luck if you, can you point me in a direction for researching. Have trouble finding cash flow positive properties(any where)
My situation is I have 30k for deposit and what to do 80 LVR loan so that makes it around 150k for propery if you can help it be appreciate.
Or send me a PM if you what
May be I can help you Work as an architect i.e. DAs,Drafting what ever
Regards Richo

Hi Guys,

Redwing very intersting stats you are obviously very experienced and I welcome the the data but does that mean the market has peaked, the horse has bolted,the party is over i.e. bunbury 39.8% or do you think the market is still moving up

Regards Richo[blink]

Hi gattaga
why do you need to reclad the house. you can use the money better on refinishing the fidro with granosite products in a modern colours and use good landscaping good fenceing (and not water features they are waste of time and money)
And gross is right go up but it will cost more than 30k but more rooms more rent
good design does not cost more money, just creativity

Hi PP
you can resheet with fidre cement FC and granosite which is a roll on or towell on product. If you rendeer on timber it will crack of time with expanding and contracting.