I stand corrected… my apologies [embarassed]
Always more to learn.

Sharon

Gidday Giddo[biggrin]
Here is the link for one of the mappers websites… They look like they are still powering ahead doing renos, adding value etc.
Maybe you could contact them through their website to see if it is indeed possible today.[biggrin]…

http://www.dynamicduoinvestments.com/about_us.asp?cat_id=18
Regards,

Sharon

Congratulations!
Don’t forget the building inspection[biggrin]
Regards,

Sharon

Hi Nads,
Be convinced you can do this – of course you can! [biggrin]
Be totally passionate about property and what it can do for you and your family.
There are plenty of people here who will tell you that +CF properties are still available (but you are more likely to have to ‘make’ them rather than ‘find’ them. That is to say…[Read more]

WhichBank, WestBranch, or NationalFashionable???

To answer your Question: No, But…(apologies for being slightly off track)
I had a loan come to the end of its term recently(3yrs fixed) and my broker rang the bank to ask if the loan could be ‘rolled over’. Back came a NO reply.

Next day, bank rings me up, says – would you like to continue your…[Read more]

Talking about insects…

Kooties = head lice

Katapo = redback spider (similar, if not the same)

Sharon

Hi all,
These people might be able to help you… I haven’t used their services. All their fees & terms are readily available..
http://hunterhousehunters.com.au/

Also you might like to do a search on this site. Look under forum boards on the left. Type in ‘spotters’, ‘spotting’, ‘bird dogs’ and see what it turns up for you.[biggrin]
Regards,

Sharon

Borers attack timber, though not as destructive as termites.

Servery = a hole in the wall between kitchen & dining room.

Wood box = storage area for firewood, accessable from both outside & inside.

Space heater = early style slow combustion heater.

Hot water cupboard = very common to place a hot water cylinder inside. Great for drying clothes…[Read more]

Mmmmm, to CF+ or not to CF+, that is the question.[blush2]
At this particular time in the RE cycle it does seem that you are putting a good argument forward in favour of CG.
I believe IMHO both are possible, but would lean towards purchasing properties for CG in the next 2-3 yrs, then get set for the next round of CF+ properties before the next…[Read more]

stuffed if I know – some kind of unthinkable punishment for having knowledge?[angry2]

don’t come the raw prawn – well no, I’d rather it cooked[blush2]

she’ll be apples – comparing apples to oranges, something to do with insurance for over 55’s?[blink]

sweet as – as what? (one for the kiwis)[biggrin]

Sharon

There’ lots of very knowledgable people like Jo on the forum who will help you get started, and keep you going on the road to property investing![biggrin]
I know a little bit about this and that, but most of all I come here to learn. It’s a great place for that, so you are on the right track already.
[biggrin]
Regards,

Sharon

You might like to do a search for spotters/bird dog. The search function is under Forum Boards on the left. Might help you find someone.[biggrin]
Regards,

Sharon

Hi Spanky,
Neil Jenman has something that might interest you. Here is the link… look under B for ‘Buyers Price Declaration’
http://www.jenman.com.au/A-Zindex.php
Regards,

Sharon

Hi,
First thing to do is choose a valuer. You could look in the Yellow Pages under Valuer-Real Estate.
Then ask the vendor (through their RE agent) for a time that is suitable to them, for your valuer to visit. Part of your due dillegence. I would also get a pest and building report. You don’t want any nasty surprises[blush2]
You will of course be…[Read more]

Is it an old unit?
I would ask the writer of the report what they would suggest was the cause. If it’s water damage, you would want to make sure the problem is fixed. Maybe the owners insurance covers repairs.
Perhaps it’s faulty workmanship/OR faulty materials [biggrin]if it’s fairly new.
If you purchase as is, you’ll need a gyprock fixer, try…[Read more]

Don’t think it would be illegal[blink]
You could ask the Real Estate Institute of Vic, here’s there link:
http://www.reiv.com.au/home/default.asp
Regards, [biggrin]

Sharon

Hi Soum,
You will definately increase the value of the property if you renovate. [biggrin]
You should always shop around, but my rough estimates are as follows:
[blush2] Assuming you are doing it yourself.
1. exterior paint – allow $500
2. interior paint – allow $300
3. kitchen – maybe $10,000 depends on size/quality of fixtures (cheaper for…[Read more]

Hi icerip,
You will need a loan from a lender who is represented in both countries.
If you set up a trust in NZ, this will mean you don’t pay aust tax on that income. This guy had a post on the forum recently and will be able to help you:
Christopher Raynal
Master Accountants Group Limited
PO Box 46018 Herne Bay
Auckland New Zealand
Ph +64 9 360…[Read more]

Have you thought about Landlords insurance which would cover your buildings, public liability, damage to property, loss of rent etc?
It gives me heaps of peace of mind, and not too expensive at around $3-400, and is tax deductable anyway as an expense associated with the property.[thumbsup2]
Maybe if you could contact an insurance broker and talk…[Read more]

On the home page of your website you say that this is the best investment of your life, but in your post you say you need help to rent them out???[blink][blink][blink]
Please explain[biggrin]
Regards,

Sharon