Nothing since Aug 2005; in debt reduction mode until Aug this year when we have to settle on a block of land we bought on a 2 year settlement.
After this the cheque book comes out to buy up a post boom bargain. Time to go shopping.
Looking to buy a post 1987 dwelling in need of a reno, on a subdividable lot, in a high rent demand area, with strong prospects for future cap growth, and close to all amenities.
Hi
we just bought a reno house- our first of this type. Very excited. The full story is on the Adding Value forum.Jase and Flic wrote:Hi
we just bought a reno house- our first of this type. Very excited. The full story is on the Adding Value forum.Hi guys,
would be willing to put some projected numbers/budgets/time-frames etc on the thread for us to read. We may be able to help cut a few expensive corners on the new project for you.
I love this stuff.Just bought a house on Russell Island in QLD – prices now will rise.
As always, I'm looking at a northern Brisbane bargain..will purchase after I get back from my honeymoon….around 380K….IP no 4.
L.A Aussie wrote:Hi guys,
would be willing to put some projected numbers/budgets/time-frames etc on the thread for us to read. We may be able to help cut a few expensive corners on the new project for you.
I love this stuff.Hi LA.
I put more detail on the post in the "Value Adding" forum. I would love to hear you ideas, but best on the other thread so it is all together.Have a contract on a house in North Ipswich settling early July – here is a link to it:
http://www.realestate.com.au/cgi-bin/rsearch?a=o&id=104045244&f=0&p=10&t=res&ty=&fmt=&header=&c=82985231&s=qld&tm=1181443197
also deciding between two other properties atm, love them both, but have to make a decision. aaaargh!In the past 90 days my wife and have purchased 2 properties in SE QLD (Goodna & Redbank Plains) and 2 properties in Elizabeth area of Adelaide last week , that makes it 6 investment properties in the past 18 months. That's it for a while now, … our LVR is sitting around 77% after the latest purchases.
Just happy to sit back for the next 12 – 18 months and hopefully let the equity build and possibly restructure our loans to reduce debt . We have an 800m2 corner block in Redbank Plains that we can sub-divide….. I'd like to build a duplex on it to rent instead of purchasing, but we'll see.
martin
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