Hi Serry,

Thanks for your post. I have had 2 quotes so far, and 3 or 4 more to come in yet. So far I have been quoted $12,400 and $17,025 for the same job. My thoughts is our roof should cost around $10,000 as we only have a small house. If you have those contact details for a good roofer I would appreciate if you could send them through. I have…[Read more]

Sorry should have added we are prepping the house for sale ! But I would like to know the cost of a new roof.

Hi Guys,

As reluctant as some sellers are, some are accepting the low ball offers, however I would assume the following are sound strategies.

Targeting the elderly sellers – 2 reasons, the first is that they probably own their property outright meaning that they are more likely to be flexible, the other reason is that generally elderly people…[Read more]

Thanks for the laugh.

I was hoping someone could tell me if there is a free copy somewhere I could view. Either on the internet or a library or at the BSA or something.

I need more information on minimum reporting standards for building and pest inspections.

Cheers

Cheers Neil,

Just thought there maybe a quick way to access the funds.

Cheers

Thanks for the heads up

Sorry Scott No Mates,

I am not following you. Suppose you buy a property @ $300,000. How do you know what rent to charge your tenants. Is it percentage of interest on your loan, percentage of purchase price. I am not following the math in your example above.

Hey Grimnar,

Thanks for your response, I was aware there are minimum subdivide quotas in ipswich and that they like a minimum 900 block. Just looking at getting in on the ground level before Ipswich turns into Brisbane, and people subdividing any property above 809m. Pleanty of large property’s still left in ipswich but I notice that all the new…[Read more]

Hey DWolfe

Thanks for that info. I am just starting out my research for my first IP and interested to know about zoning with regard to subdivision or development eg townhouses, which may play a part of my strategy a few years down the track, as I would be looking to buy a property with subdivision/ development potential. I am trying to get clued…[Read more]

I don’t know much about this, however I would think

*Your insurance would cover any damages – if proven it was your fault however you went to reasonable lengths by having the yard maintained. And I would say there is no direct links.

* was it documented are there any doctors reports – I would be asking to see them before paying for any…[Read more]

Thanks guys, there is some helpful info there.

Cheers.

Do you know if you could pay upfront for a P&I loan, or is it only on IO loan.

Ahh, so Terry you are saying that if for example you pay your interest upfront and the rate you pay is 6%, and interest rates go up to 6.5% 2 months later, you could potentially save half a percent for the remaining period of that year.

So if you are doing this for a number of years, and interest rates keep climbing, if you are paying upfront,…[Read more]

So realistically its not really worth the trouble.

Thanks for clearing that up. I wondered what happened to those houses that have been foreclosed on

Can’t you make paying the advertising costs payable on sale of the property?