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The property manager has been blaming the blinds looking ugly for people not submitting applications (had 10 groups take applications in the first viewing). I think none can be bothered filling in the application. I said I would do an open on the weekend (to try and get groups through that...

EG: Have submitted offers / bids on 10 properties and purchased 7 of those, you would have a 70% strike rate. Just wondering what % of offers/bids submitted are successful Generally once people have done their DD and put in a offer / bid do they lift their offer / bid to get the property...

We are building four 1 Bed, 1 Bath, 1 Garage villas in Ellenbrook, on two side by side 360sqm blocks. There will be 8 of these upon completion, we will have the 4 in the middle, the builder is keeping two and another investor has purchased the other two. Purchased as a package with NRAS...

My most recent purchase settled 2 weeks ago. The title shows the property has been transferred into my name but no mortgage from the bank. We signed the mortgage documents prior to settlement so looks like they have stuffed up and forgot to lodge them. I wasn't going to do anything about it...

Signed up a preliminary agreement with the builder and paid the $3k fee on 15 October 2013 (over 10 months ago) after ~6 weeks of working with the sales rep to get modified etc to how we want it. The land settled on 7 November 2013. After 10 months the build is still in the "drafting &...

Any comments on this plan. The office in the front is to keep the council happy and where the sink is shown will be a wardrobe so it can be used as a 4th bedroom. I am still waiting on a version with the dimensions of the rooms etc included. Both dwellings will be rented seperately.

I have found a block I want to purchase and build a single storey 4x2 on but it is a funny shape. It is narrow at the front, wider at the rear and to build something decent on it 280-300m2 it will have to be designed to fit. What is the best way to do this and keep it cheap? (aiming for $250k...

Driving home the other day, as I entered my suburb i notice a heap of the little carboard "Home Open" signs that the real estate agents use to direct people to the home open. This was on a week night and I thought it strange. Had a look on realestate.com.au and there was only one property for...

I was wondering what the ATO's view on this is? Situation is we have just purchase IP#4 in my wifes name. This is a block of land which we will build on and then hold. Once completed it should be worth ~25% more than the cost. Looking at drawing up a loan agreement between my wife and I...

Am looking at blocks of land and found one with a partly built 2 storey house on it. It is at say $50k premuim to the equivalent vacant lot but this may be negotiated down I guess. What should I be checking and asking to see?

Conversation started with "We have had a change of policy today and just calling to let you know..." I thought oh ****, what have they done! Next I hear "we can now do 90% with no LMI for you" :rolleyes: :D :D :D Couldn't believe it! That is awesome. Had a chat for a while and there...

The story is we have two nice 3x2x2s in Balga, in the 2008 Mia Mia land release part (surrounded by homes all less than 5yrs old and no dept of housing houses). They are side by side, good spec (high ceilings etc), both with frontage at the end of a culdersac. I put the value on them at $410k...

Just starting to look at properties with development opportunity, assuming DD shows this would be suitable for a triplex does the calc seem reasonable? http://www.realestate.com.au/property-house-wa-bayswater-110601065 Purchase Price: $650k Acquisition Costs $35k Holding Costs $35k...

I have found and done some preliminary due diligence on what I think is a great opportunity, however it is a bit out of my league at present finance wise. Was orignally thinking of a way to flip it without having to worry about financing the whole property but have given up on that. Basically...

Looking at purchasing a ~650sqm block of land (R20) in Mandurah area and building a ~220sqm 4x2 house with a 80sqm 2x1 granny flat. I want to find a builder that will do both at the same time, hopefully saving costs and minimising access issues. Finding it difficult to find a suitable corner...