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  1. reeco

    Equipment Hire or Buy?

    Hey everyone, Does anyone know the pro's and con's of long term equipment (TV, Lounges, Beds etc) hire for your Investment Property? I have a friend who has a company that will purchase on my behalf and hire to me long term at investment friendly rates... The tax implications are...
  2. reeco

    60K enough to renovate this 3X1?

    Hi team! About to venture into the unknown. Based on my perception.. im buying a house that needs alot of work. The builder/inspectors are yet to come around but i wondered what you all thought... If you had a 3x1 that was structurally sound yet inside resembled a slum, How would you spend...
  3. reeco

    Your investment A-Team? Pity the fool?

    Hi all, Im Looking for the best of the best in Perth. Lawyers, Accountants, RE Agents, Brokers, etc? I'd like to consolidate everyones opinions if I could. Please provide context as to why they are your choice. Strange I ask this as my broker is in melbourne! Big plug to Peter...
  4. reeco

    Ever built a road?

    Ive been told by the local council that they have plans to put a road through a property im buying... The cheeky bast##ds have told me that if i want to have anything done with the place that ill have to 1) Give them the land to do it (1000sqm!!!) and 2) Pay for it to get done. My first...
  5. reeco

    Buying in Bali?

    Anyone think that being offered a 1/2 an acre on the beach or overlooking the island(Lombok to be precise) and near town for 24K sounds to good to be true? So far it seems that unless you marry a local or have some legal arrangement for the previous owner to be guardians(in a covenant sort of...
  6. reeco

    Butterfly Roofs? Why arent there more

    Butterfly roofs or box gutter roofs... Im wondering why there arent more examples in residental housing designs... Apart from cost , does anyone know why is it that every roof is australia needs to be pitched??
  7. reeco

    Building on Stumps. Cheaper, Better?

    Does anyone know the real pros and cons of building on stumps?? Ive been told prefab companies arent really fans. Cost wise it seems like the way to go????
  8. reeco

    Cash Jobs? What are the options?

    Hi, anyone know any cash jobs that one could possibly "enjoy." Im currently sitting on my A doin very little and wouldnt mind doing some cash jobs. Reason for cash is that im currently making excessive amounts working in the mines. On my R&R and instead of relaxing id rather make even more...
  9. reeco

    Anyone buy an IPAD?? thoughts and impressions..

    Id like to buy one and can see it coming in handy for the standard Realestate Investor . Google Maps and Realestate.com.au at your fingers tips whilst on the go is an interesting proposition?? Anyone?
  10. reeco

    Looking for a Development site that makes no profit??

    So the standard call for developers is that they have to have a margin of 20% for it to be feasible. No developer would go under this number. Some wouldnt look at it even if it were 20% Im looking for anyone who has done a feaso study and has come up with numbers inbetween 0% and 20%. Im even...
  11. reeco

    How do you devalue a property?

    Im in the buying process and wondered if the up version was the same as the down? Im guessing it is but i thought id ask anyways. Residex, APM, HomePriceGuide Report enough to make someone snap out of there b******t speculative price?
  12. reeco

    Great hits from 80s 90s and today?

    Hey everyone, Im not a long time poster by ive come to appreciate those who are by there own account. Im wondering why the quality old posters have left and what it would take to keep the ones we have left around?? People come and go for many a reason but im keen to have the old timers...
  13. reeco

    How to Rezone you property?

    How exactly does one do this i wonder? I believe its a incredibley tough thing to do unless you have just cause and a bit of cash but does anyone know the actual steps? Im in perth and areas around a certain property are about to be rezoned to a higher density. Id like to purchase this...
  14. reeco

    How do i find HomesWest homes?

    I say this so i can stay the hell away from them... Every(3) homeswest house ive seen has aboriginals in them. You might be shocked to hear this but they sometimes arent the best neighbours:eek: Theres a homeswest house across from me and as we speak(so to speak) they are having the biggest...
  15. reeco

    How will the electric car change property investing???

    One to ponder 5 years down the line.... The ICE (internal combustion engine) has a few years left but the electric car is starting to snowball(gain momentum) quickly. I wonder how that will affect us as investors? Could the opportunities be(including inadvertently) - Add value: now...
  16. reeco

    Does Somersoft need a botox injection?

    I adore this site and like it for what it is:D...but i want to put the question out there. Does somersoft need some physical changes or are we all quite happy. One addition i crave for is a property acronym wiki of some sort. Sometimes the threads take longer to read then usual because you...
  17. reeco

    Neeeighbours...everyboy needs-good-neighbours

    ....with a little understanding so the story goes:) Im having trouble with mine the mo(or are they having troubles with me:confused: ...does anyone know the correct manner to address unruly, possibly long staying neighbours? As an investor you have to deal with not only tenants but also...
  18. reeco

    Remember your first PPOR? like your first kiss?

    I remember my first kiss. :o In a property context, If you could go back and do it again what would you have done differently? - Practiced with a pillow(i.e researched a bit more) - Waited longer(i.e saved more for the deposit) - Chose a different person (i.e different town, city, country)...
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