been quiet in here for a bit whats happening?

hey shahin,

where would you find reliable info on zoning changes?

cheers

yes yield is calculated as ;
 RENT p.w  x 52        (weeks)     (or less depending on vacancy rate in suburb, e.g – 51 weeks with a 2% vacancy rate)
= annual rent
then
annual rent  x  purchase price x 100 = Yield as a percentage, so

Rent     x     52     =     Annual Rent       divide by        Purchase Price     x     100     =      Yield  %
500…[Read more]

PIPA to suspend Property Secrets’ membership
      

By Jennifer Duke 
Monday, 07 October 2013
       

In light of the recent allegations made by Today Tonight against Property Investment Professionals of Australia (PIPA) member Property Secrets, and its director, Paul Giezekamp, PIPA have said that they will take action.

Speaking to Property…[Read more]

I figured the broker may charge an upfront fee, seen as though they wouldnt be getting too much on trailing commissions.

sounds like you know your stuff richard

Does anyone have as access for RIA, price finder or rpdata for SA?

5.2% yield after body corp is taken away from rent, sounds pretty ordinary for a unit, depends where it is i suppose

hey IG welcome to the forum, I was in your situation trying to work out what mag to subscribe to, after 2 years I have worked out the best ones out there – in my view anyway.

YIP – I subscribed to paper version and found this to be great for in depth answers in property and a few more analytical statistics in the back then SPI and API, My paper…[Read more]

Hey jye n tahnee,
Cheers for the email, I’m waydo1984@gmail.com, would be great to know how u go and I’ll le u know where I end up at te end of the year, all the best

Hey John
How do u give the bank a different price to what you are actually paying? Are u talking about a rebate option in the contract that the lender is not aware of or?
So u sign a contract for say 500k but an option in the contract states that 50k must be refunded immediately after settlement or will be void after settlement or something? Don’t get it

hey jye and tahnee, catalyst,

good tips, just recently completed a reno course that has helped me a lot, I know where to go from here just learning about the suburb research etc, so much to learn but have narrowed my 120 suburb search down to 5 which I would have no idea about before, I was looking in all the wrong places at all the wrong…[Read more]

True to that Andrew, so I suppose basically if u were targeting couples u would look for nearby cafes and pubs, universities and trade schools, whereas a family would be more sporting grounds, schools -and then find and tailor make a property to suit? Only thing is how do u work backward thru marketing?

Thanks wise pearl and Luke, will look into price ranging now, had a fair idea but never thought that broad of a range

Sounds fair to me, are the same banks willing to lend again once u have used them and paid out the loan straight away though?

thanks for your help guys, it sounds like the easiest way to go about it is to lie..haha

richard and jamie, do you guys deal with many clients for any small development or renovations that have intentions to buy, reno/develop/subdivide and offload it asap?

do you charge an upfront fee for this?

cheers

wade

True catalyst, surely time on market would be a major one to consider though so you have a better chance of selling it after the Reno?

Yeh i was only wondering how to have it do the price doesn’t appear in sold section on re.com and onthehouse? Basically the free sites where buyers may look..I thought you may be able to keep it discreet somehow by signing something?

Jane – Hotspace wrote:
This is a great reno property – and I have seen a LOT in my time!Firstly of course the trellis has to go. Yes I went to design school for 5 years to tell you that! The house currently has quite a rustic appearance on the outside but this can easily be made more modern, crisp and fresh with some render, light colours and a…[Read more]