Recent content by younguns

Update Hi all, We have nothing exciting to report yet. We decided we wanted to get a decent buffer behind us before venturing into the commercial world. I don't think we quite realised exactly how much of a buffer we would need to sleep well at night! We have been tight for a long time...

My husband did some work for a reasonably successful business in WA. They had tried quite a few business ventures over the years and ALWAYS rented their business premises in case things didn't go well. It also freed up cash for other ventures including property investment from which they also...

We were just in the UK visiting family in Surrey. I can't talk about the rest of the country but it seems there just is not enough property available in the tightly held areas which is keeping prices pretty stable. Particularly in the first home buyers market. Having said that, first home...

Not fun! I didn't realise lenders could do that! Something else to keep in mind ... Thanks Rolf :)

Hi Trogdor. Thank you so much for sharing your story and your advice. I'm going to show this to my husband :) We have always been so keen to rush into things and just 'have a go'. But as we have taken on more debt over the last few years it has become quite clear to me the importance of a...

Good to know we are not the only ones out there in our position matto. I will make sure I post what we decide to do once we have managed to refinance :)

Thanks for the quick response all. Aaron, we do have good servicability (hubby earns well over $300K a year in a FIFO role and I'm also about to return to work). I guess we will find out how much (or little) that is worth when we refinance after our reno is complete! Belbo, we have not...

Evening all. It seems like forever since we first joined SS and started learning from all the amazingly generous people who share their stories and advice here. For the last 12 months we have been bogged down purchasing our PPOR and trying to finish the reno we planned. To cut a long story...

Thanks everyone for your ideas/advice. I did a call around today and it seems liquid limestone/concrete/exposed aggregate are not cheaper than granite pavers. I would be looking at $65sqm for polished concrete, whereas Fremantle stone has a special on their 300x600 granite pavers ($49sqm). I...

I have just done some research and the finishes look good. I will get some prices tomorrow and report back. Cheers :)

Evening all:) I'm looking for some advice on the best material to use on our alfresco floor. Decking is too expensive (we have 60sqm to cover!). So we will have to go for pavers I believe. We are looking for something that gives the 'wow factor' but is durable as we have two children. I...

We keep saying we would like to have 3 months wages put aside as a buffer. We haven't had much of a buffer for a while now though (PPOR renovation taking over!). I can't wait to finish the reno, refinance and get our buffer back :) It is inspiring to see how many people have portfolios that look...

We purchased our 2nd IP off the plan in March 2009. The main reason was because we desperately wanted to get another place and didn't have the cash for deposit and stamp duty. 2 story townhouse advertised for $510K, we purchased it for $465K. The property has had good growth (valued $540K) and...

Hi Aaron. Looks great! Would you mind giving a few figures? I'd be interested to know how much you are hoping to sell them for and the expected return? Cheers

I sold our old kitchen on gumtree last year. Nothing really wrong with it. I took good photos and listed the whole thing including appliances for $2,000. I got the asking price and more than 30 enquiries. I made it very clear the buyer would have to remove the kitchen. So if it got damaged it...