Thanks bardon.Hey engelo10 how is the reno on your 22k house coming along,finished yet?

   Wadesansom, i was in the same position a little while ago. If the gas line is running down your street the gas company will install the line for free to a point no further than ten metres from front boundary with a stopcock and a plug on the end..    After this is installed you will need a licensed plumber to install a gas meter on the end of…[Read more]

No worries,hopefully enough to give you some food for thought on your next IP.

Hi Emma, if you do a search for Corio you will find a fair few topics dedicated to the area.

Yes, i know it sounds pessimistic but i always look for the worst outcome before what is the best outcome. More profit won't hurt, but less profit or no profit at all will definitely hurt the bottom line.

Wise words Catalyst, agents would have you believe that anything can be divided up. Obviously i wouldn't take what they say to be true and would check it out myself before buying.

This one is in Healesville 3777 if that helps.

Thanks soloinvestor, would be in Melbourne. Sounds a little more expensive than tile roof but is a winner in the looks department.

This link is for the Victorian state revenue office,but contains links to all states and territories,should have the info you are after ccpat.http://www.sro.vic.gov.au/sro/SROnav.nsf/alltitle/Useful%20Links?open

All of the above,but most importantly fresh air flowing through the house helps a lot. I got a deceased estate that hadn't been cleaned for at least 30 years,and was empty for 2 years before settlement day, windows and doors were opened non stop for over a month before people didn't complain when walking in,lots of cleaning and fresh air did the…[Read more]

That is excellent Nigel, stirling effort.

Cheap entry point,potential positive cashflow, isn't that reason enough to warrant some investigation? What ROI would an investor get putting their money into one of your developments Nigel?

Have been keeping an eye on Drouin and Warragul for a while now, growth has been coming along in leaps and bounds over the last few years. With all the development of areas like Bunyip,Garfield, Longwarry and Pakenham etc it would appear that this will continue in the long term.

Doesn't seem too bad a town,i visited there a few months ago. I would think it is more of a cheap entry and potential cash flow area than big capitals gains,though this could be created through some smart dealings there with some due diligence first. Some nice areas around the river with newer housing stock too.

Thanks guys,sounds a little bit more involved than residential,but still worth looking into i think. Paying stamp duty on gst,good old government with all fingers and toes in the pie as usual.

Excellent idea! I had wondered how all was so cheap,but being in non working order suits the display purpose perfectly,well done for thinking outside the box Amy

That's right freckle,but sometimes the agent will try not to pass on low offers for fear of losing face with the seller. Doesn't look good for them if they told the seller they could achieve X amount just to get the business then a savvy buyer comes in with an offer far below this.

Nigel, how much money does it take to be in your pool of investors,and what is the average projected profits of your developments? Thanks.

Under 300k i would be looking at what you can afford in Geelong, Corio and Norlane are slowly coming up,if you re in it for the long term and careful about buying there are some good deals about. Those last two do have a bad name which is gradually changing for the better,surrounded by Lovely Banks,Hamlyn Heights etc and close to Melbourne down…[Read more]

Well done,look forward to some pics,before and afters if possible!