Recent content by jason_h

  1. J

    Need help

    Hi everyone, I have tried to do a search through the forum and have got various answers for my questions ( and I have a few)so I thought I would lay it all out in one go and hopefully someone can help me. I was wanting to know if anyone out there, as a fulltime job, buys investment...
  2. J

    Need opinion/advice

    Hi Simon, because it is our first PPOR we have an ANZ money saver home loan of 237.5k which is currently at 5.97% payed fortnightly.
  3. J

    Need opinion/advice

    Hi guys, I need an opinion and or advice. My wife and I have a 2 bed house that we bought for 250k. I have renovated it and have had a few real estate agents come around and give an estimate around the 320k mark (I know they exagerate to get your business). My wife has become pregnant and we...
  4. J

    1st ip

    Thanks for the replies. the suburb is in Melbourne's west. 15 minutes from the cbd and rental properties appear to be in the vicinty of 200-240 per week for properties in this area. The real estate agent has not come back and told me whether it is a 12 month or month to month lease yet.
  5. J

    1st ip

    Hi guys, just wanted some feedback. I have seen an ip advertised for 213k. 3bd 2 bth and the vendor will rent back for 200 a week. My question is what should you be shooting for as a rental yield ? I have seen various figures bounced around so I am not to sure whether 200 a week is okay or...
  6. J

    Full scale renovation...the quick and easy way

    Hi Dan, here is the yellow pages link to all the prefab wall makers in Melbourne. Unfortunately I really don't know of any I could recommend. To save some money you could do the walls yourself as long as everything is level and square and then get a carpenter in to do the roof although if...
  7. J

    Full scale renovation...the quick and easy way

    Prebuilt walls are great if you know how to put them together.They can save a lot of time. Maybe think about renting a nail gun for the time you are putting the walls together. Also you can get premade trusses for your roof although I would not recommend doing this if you have never put a roof...
  8. J

    Starting out - full time renovating

    Hi guys, thanks so much for your replies, like I said any advice is great so thanks a lot.
  9. J

    Starting out - full time renovating

    Starting out Hi my name is Jason. I have just registered with Somersoft and this is my first post. I am a carpenter with about 15 years experience and I would like to go out and start buying properties and renovate them and either sell or rent them out depending on the circumstances. I...
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