Recent content by One Drone

  1. O

    Anyone have a personal chef?

    If you really want it, you can do it all yourself. Plan ahead your meals and exercise regimen and put real time and effort into it; you don't need to spend $45k. Getting started is difficult, but into the habit is the hard part. Then you can use your 1/4 to purchase another property. :)
  2. O

    New Years Resolutions - Your Goals for 2012

    Hi All, My wife and I just painstakingly went through our goals and completed them today, and to make them concrete I believe it is best to share them and have a place to review them periodically. This time next year we can look back on what we achieved and create new goals moving forward...
  3. O

    Cheap Kitchen for a cheap IP ?

    http://www.bunnings.com.au/products_product_straight-line-kitchen_3593.aspx
  4. O

    Electronics technician help needed

    You'll be fine to use a higher voltage cap; the trick is to finding one the same dimensions as the old caps especially if the space is tight (use a set of vernier calipers or a rule to get the dimensions of the old ones. If the power supply is a switch mode power supply, it is recommended to use...
  5. O

    CBA Valuation - are they undervaluing properties?

    My loan is through a broker and I couldn't get the valuation through her still. I was trying to get a desktop val which she said they can do if the top up loan has an LVR of 80% but it still didn't come in. I think it's a sign of the times. I was attempting to not get it physicalled valued as...
  6. O

    CBA Valuation - are they undervaluing properties?

    I'm having the same problem with CBA atm. I asked for a desktop val for a topup recently on my first IP to leapfrog to my second. The valuation came in at the price I paid it for last year even though the median price was above and currently is $40k above what I paid with recent sales to prove...
  7. O

    Rent including elec bills ? have you done that ?

    Lease is expired, you can change agents whenever you like. In fact I think you can change and find a new one now so they can start looking for a new tenant for you.
  8. O

    Can I refinance this way?

    It's definitely a question for a good broker. Policies change all the time but generally that's the flexibility you lose with a fixed loan, without bigger fees you won't be able to top up or refinance. That said, if you are paying a rate way lower than the current rate, then they would rather...
  9. O

    rp data

    Try www.onthehouse.com.au Won't give you a desktop valuation, but you can pay rpdata for one of those at $50 from memory? At least this will give you comparable sales.
  10. O

    What order do i speak to these professionals

    I agree with the above. Organise your finance and get preapproved with a broker first in your name only if you can (if you have a partner) unless they earn more than you.
  11. O

    You now can be fined for your noisy tenants!

    From SMH Article: http://smh.domain.com.au/real-estate-news/come-in-and-feel-the-noise-landlords-to-pay-for-rowdy-tenants-20110506-1ec3g.html It seems ok for this case, but as a landlord it may be hard to determine how noisy your tenants are going to be from applications. If our tenants are...
  12. O

    RBA indicates rate hikes

    It's an interesting conundrum from 2 perspectives. Firstly, the economy in general is doing well and the Aussie dollar is at all time highs and many businesses showing good growth. However on the other hand, the property markets seem to be soft and if anything, is showing signs of slight decline...
  13. O

    urgent advice needed re: tenant

    Communicate this with your PM straight away and try to find a win-win solution. From that it seems the tenant knows they still have to pay the rent, just confirm it with your PM. Otherwise you can send a notice to vacate and because they are behind in rent, and I think they will only be allowed...
  14. O

    Ideas from housewifes and house husbands...

    I don't mean to change the topic, a sign is a good idea but keep it plain and simple i.e. No hawkers or door to door salesman etc. Most sensibleish people will obey, some will try anyway as they are taught "some of the best sales are the hardest ones to initially get into or break the ice"...
  15. O

    Buying in Glenwood, NSW

    Single storey homes are a lot more rare in the area than double storey homes and thus are showing to keep their value much better unless you go and look at Old Kellyville. 2 reasons come to mind; parents don't want kids falling from stairs and heights and senior citizens don't want to climb the...
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