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  • Profile photo of twowheels_001twowheels_001
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    @twowheels_001
    Join Date: 2007
    Post Count: 11
    February 2, 2009 - 4:02 am

    Thanks guys.

    Has anyone use the fencing kit before? apparently, they will come to measure the fence, cut every piece for you, all you have to do is, quote " dig the holes, put cement, install them yourselves".  You can choose different types of picket, and can choose pine to merbau to etc.. Saves on labor cost.

    Sounds quite easy, but really???

    Profile photo of twowheels_001twowheels_001
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    @twowheels_001
    Join Date: 2007
    Post Count: 11
    January 27, 2009 - 12:53 am

    if you're going for Bunnings flatpack, I'd suggest ikea kitchen.

    Profile photo of twowheels_001twowheels_001
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    @twowheels_001
    Join Date: 2007
    Post Count: 11
    December 30, 2007 - 12:13 pm

    wow!… i've only budgeted $2000 for mine! my intention is to:

    1. remove the existing bathroom on my own,

    2. knockdown the wall between the bathroom and toilet —  probably do it on my own as well.

    3. buy the new toilet, bathtub  and shower stall from  auction

    4. removing tiles and re-tiling on my own

    5. pay plumber to do the installation.

    is that a fair assumption? it's for investment, i have no intention to spend a lot more than that! ok, maybe a little naive, i'll let you know in about a month!

    Nicole, i've read in many articles that kitchen and bathroom always the first two things to watch out for that adds value, whether it's for investment or for personal. I supposed that varies whether you would spend 5K or 25K. Bottom line is, it's worth it, i think!:)

    Profile photo of twowheels_001twowheels_001
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    @twowheels_001
    Join Date: 2007
    Post Count: 11
    December 28, 2007 - 5:18 am

    Thanks Marc & Jon, really appreciate all the advise, totally first timer for me, clueless and went a little overboard during the auction. Now I feel like i have a million questions. :(

    In the end of the 3-5 years, i am intending to do major renovations, as in build double storey and extend the ground floor. That's why i have the dillema, whether to do the restumping/replumbing/rewiring at all now or wait till later?

    Can someone also please recommend a good builder, electrician, plumber, restumper in the northern suburbs, melbourne?

    Thanks a million!

    Profile photo of twowheels_001twowheels_001
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    @twowheels_001
    Join Date: 2007
    Post Count: 11
    December 28, 2007 - 1:26 am

    opppss, sorry Mark, first-timer, i meant to post as new item.

    Profile photo of twowheels_001twowheels_001
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    @twowheels_001
    Join Date: 2007
    Post Count: 11
    December 28, 2007 - 1:23 am

    Hi all,

    i've recently purchased a 3 br Vic home property for $560k. It's a fairly run down property, but a renovated property in the area are selling between $730-$900plus. I bought it for investment with the intention of renovating it on my own for the next 6 month while satisfying my first home buyers grant duty.

    However, I am hitting a panic button as i am new in this property investment. Feels like everything needed work in this house. My goal is to renovate it good enough for rental for the next 3-5 years. The house currently holds a very small living room with no area for dining table, my options are:

    1. Keep the 3 bedroom and find someone that are willing to rent with small living room

    2. Knockdown the 3rd bedroom in order to have a bigger living & dining room

    This house may require restumping, rewiring (only 3 plugs in the whole house), changing all the bathroom and kitchen units.
    Gosh, what have i got myself into?? I guess my question is, what should my priorities be?

    ANY advise is appreciated.

Viewing 6 posts - 1 through 6 (of 6 total)