Recent content by craigclark

  1. craigclark

    Valuation of land (~20 building blocks)

    I guess so.. Let's assume you earn a lot of money. If we apply your logic you won't mind paying me $100/hour to clean your home. Overpriced, I know, but you earn a lot so it doesn't matter - right? Wrong. We've since had a second quote come through for less than half of the first (and...
  2. craigclark

    Valuation of land (~20 building blocks)

    I have a senario with land which is equivalent to about 20 building blocks but yet to be subdivided and developed. We need a valuation and have been quoted $1500+GST for a valuation using the residual method. Sounds like a big jump from the amount you pay for a single home valuation...
  3. craigclark

    Wraps - Melb market?

    Hi people My partner and I are getting ready to make our next purchase and we have been entertaining the idea of doing a wrap. I know how it all works - what's troubling me is the sums. If you look around outer Melbourne - say a $200k to $250k 3bdr brick home - then add your margin the...
  4. craigclark

    Do you find a Laptop is useful, for investment purposes?

    How about a Tablet? I've been thinking about this lately. But when talking about being on the move and using a PC I've been thinking the Tablet PC's are making more sence. Not a PDA, but a PC, where the screen spins around and sits back down on the keyboard but facing out at you. So you...
  5. craigclark

    Vendor Finance Association - March 2004 Meeting

    And what a meeting it was... Ian Clyde canceled so Steve McKnight filled in for him. And then second speaker was Rick Otten. Every wrap groupies dream! :) Craig
  6. craigclark

    Next step plan...

    Thanks for your posts Geoff. I like the idea of checking the market interest first. Craig
  7. craigclark

    Next step plan...

    Thanks Sunstone. Geoffw - care to add anything regarding your success (if your watching)? Next question that comes to mind is determining what surcharge to add for the furnishings? I just researched 1bdr renovated apartments in the Richmond area and it seems I unvalued mine. They are...
  8. craigclark

    Next step plan...

    That's for that Paulie. I hadn't even thought of the extra depreciation that the furniture would give. Cheers Craig
  9. craigclark

    Next step plan...

    I thought I would detail my partner's and mine plan for getting onto the right track with regards to property investing. I'd love it if some people had the time to read and share their thoughts.. Current situation: I purchased a 1bdr apartment in Richmond, VIC almost 3 years ago. Close to...
  10. craigclark

    Anyone going to Steve McKnights seminar?

    I must say I wanted to ask (and know) too. But if I knew of such a town I'd be keen to keep the masses away. Craig
  11. craigclark

    Will someone please buy some IPs in Hobart!!

    John Just remember you can rent 30km's out of Hobart and still be in the city for work within 30 minutes. Before leaving I lived on my parents hobby farm in Brighton (rural town 5km's pass Bridgewater - but not the same as Bridgewater). Only 30 minutes drive to the city. Traffic was a...
  12. craigclark

    Will someone please buy some IPs in Hobart!!

    I grew up in Hobart however I have lived in Melbourne since I've been interested in IP's. My brother returned there from Melbourne with his young family 3 years ago. He too also had trouble finding quality rentals. My hunch is the trend will change as a result of the boom in the last 12-18...
  13. craigclark

    Anyone going to Steve McKnights seminar?

    Hi skater Which state is that in? Craig
  14. craigclark

    Anyone going to Steve McKnights seminar?

    I was just over at Steve McKnights website and saw this: http://www.propertyinvesting.com/resources/17.html Don't get me wrong, I quite enjoyed the book. But do people think this event will be worthwhile? Are there really CF +ve properties out there for these newly trained people to...
  15. craigclark

    Wrap properties - at which stage to buy?

    Hi Due to the difficuilty in finding +ve CF IP's, plus the attraction to extending home ownership rather than being a feared landlord, I am interested in wraps. One question (perhaps of many to come) is... At which stage does one buy the property? Do you find property that the...
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