Recent content by Andrew L

Congratulations to you and your wife on the addition of number 5. I imagine at this time most of our stories pale in significance to the challenge your family will face. Best of luck for the days, weeks and years ahead. I'm sure that Maeve will be on SS in no time telling us of her first...

77 views and no opinions..... have i used up all my SS lifelines already ;)

I'd look at the fence as a duty of care? But a rent increase would come with it. All the others I'd wait until one of the following - looking to sell looking to get top dollar in revalue property is untenanted and reno will increase rent for you to recoup the costs inside 24 months.

Hi everyone, I'm running out of paper in the office number crunching and writing the positives and negatives for either selling or developing my IP1 Looks like this Value - $600k Debt - $400k equity - $200k Rented @ 575pw after costs its roughly Neg CF by $80pw on 7% rates but after tax...

congrats mate, nice house :).......... this method requires a heap of time and effort to succeed and you have all that in spades. Great work and I look forward to seeing your success into the future.

You can definitely subdivide in pittwater. You just need to contact a local town planner and get the requirements. from memory you need 600sqm a site after dividing the block

It is that place mate. The house is $370pw and that going off realestate.com is around the norm - about $30pw less than a standalone house. Happy to be told otherwise as another 50pw helps the +/- csahflow?

I have been asked by the new tenant of a granny flat I own if I could install a water outlet for him to have a washing machine. Fairly basic request was my first response........ The initial plumbing quote is coming in at over $700 dollars with a large "ESTIMATE" written in the email by the...

I have place in dundas valley, and would suggest you buy with the option to DA a duplex........ = 600sqm + 15m frontage. My house has seen 30% growth in 2 years and is DA approved increasing its value. Just my suggestion.

As i said before, I haven't been in general hire for some time. The hot water washers where huge with large boilers required for the steam. Again the aussie pump unit was the model used in the branches. I can check with some of the guys in general what there buying? but from memory they where...

Do you mean carpet cleaner? Or hot water pressure washers?

I've spent the last 14 years managing varies Kennards Hire businesses. While I'm not in the general hire anymore...... :) The brand they still swear by is Aussie pumps based at castle hill in Sydney. They have a million and one attachments and can vary output by changing tips rather than...

I suggest its dependent on the DA itself. If its a basic duplex or subdivision that the council falls over themselves to approve you would expect to get your DA costs and maybe a few thousand extra for your time. The big bucks come when you DA something usually unobtainable. Eg 3 town...

Whats a cross file? And from personal experience while the default remains unpaid it will be almost impossible to refinance. After its paid then the door will slowly be opened but not by the big 4!!!!

I think the hardest part of answering your question is very personal? You must decide if the extra week to week costs of refinancing works for you? on figure 750k at 90%lvr = 675k 675k @ 7.75% = 1006 pw your rent 750 pw leaves you with a 300pw hole to fill? Can your finances afford this ...