Recent content by dash11

Hi Handy & Geoff Handy: Its a shame you feel that way. My post had nothing to do with self promotion. If I were that way inclined or if the post was intended to be self promoting, I would have several tags or signatures under my name and at the end of my posts. Further more, I would be a lot...

Hi PB and Nathan I would consider myself an active investor (have been doing it full time for 8 or so years) and would be happy to pay $5,10,15k for either of you to find me a property similar to that that has been talked about here or one that represents an excellent investment...

Hi Evand Rather than shoot Nathan down with "I've seen a million this and a million that", how about just a simple good luck and look forward to the results and final figures. I'm fairly sure the people he purchased for have done their research and costings and are more than confident with a...

see you there

My best is probabley one which settled a few months back. It is a block of 9 townhouses in Sydney for 1.1mil (122.2k each) rented out for an average of $180 per T/H per week. I immediatley raised the rent to $250 and $275 per week. I spent 2k per T/H which included surveys, strata, council etc...

"Price"......Thats it for me. I'll buy a port-a-loo on the moon if I can get it half price.

In my opinion, forget the bricking option as too expensive, forget the rendering option as I am yet to see a decent rendered fibro, foret the paint job as it will look like a freshly painted fibro, so the only option I would suggest is to clad or wetherboard. In Sydney, it costs us around $50...

Personally I would be looking for suburbs giving a 7% yield or better where there are also signs of recovery. Having said that, my picks are Penrith, Mount Druitt, St Marys central and south, Dean Park and Oakhurst area's (anywhere there is a high density of owner occupied properties).

I agree. I usually compile market comparables together with recent lender valuations, then structure the offer in writing stating "That my offer is based on recent sales and lender valuation, therefore taking this into account, my offer is $**********". We recently purchased a property on the...

Well done Nathan, you couldn't build them for that. You've purchased better than wholesale.

Look around South St marys as it is more a owner occupied area and close to all amenities. Another good are close by is Werrington through to Penrith in particular Kingswood (not Kingswood Park). As with any purchase, make sure you purchase it at least 20% below market value and then enjoy the...

Truely, It's not that hard. As i said, we organise to move in under contract with a list of works to be carried out. The solicitors acting for both parties then communicate and work out the finer detail. Most people are happy if no major structual work is carried out. MAJOR being the operative...

Hi Shady Not a desperate vendor, just a motivated one. It also helped that we offered to settle in 7 days.

Its not that hard to find them actually. We just ask. It also helps to have the agents to select properties that they know the vendor will have no problems with the access. We usually offer to pay rent whilst in the property. The contracts are really no different from the standard contract. We...

Purchased a 3 b/r house In Penrith NSW. On the market for 320k, got it for 200k. Corner block with all the right ingrediants for a duplex if desired.