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  1. imbi3

    Has anyone ever negotiated for property in estate?

    I am currently looking at an estate property. The agent is dealing with lawyer & accountant and they would not budge in their asking price. Any tips on how to deal with estate property? Thanks
  2. imbi3

    Buyer's agent VIC

    Hi, can anyone recommend BA in VIC with experience in metro, Frankston and Bendigo? Thanks
  3. imbi3

    Need devil's advocate for NRAS investment

    I am thinking to get into NRAS investment. The cashflow is too attractive to be ignored although I will need to get a few to obtain a 'sizeable' cashflow eg 4-5. From euro73 posts previously, the projection is approx. $100k / per property during the 10 year period from the government incentive...
  4. imbi3

    Metropole is seeking a property expert in Victoria

    Received this in email today. Any experienced SS to put their hands up? :)
  5. imbi3

    Second hand NRAS property

    Has anyone bought a second-hand NRAS property? I am considering adding NRAS to my portfolio. Apart from looking at expiry date of the NRAS agreement, what are other pitfalls I need to be aware of?
  6. imbi3

    My first value add project

    Hi, I would like to share my first value add project. Hopefully it is useful/informative to some. Bought a vacant block June last year in Epping, VIC. I engaged CDS to locate a property suitable for development. It was a corner block, 600 sqm. Plan was to build 3x2BR and sell. CDS also...
  7. imbi3

    Should I sell? Sydenham VIC

    Hi guys. I currently live in Sydenham and just bought a PPOR in South East. I am in dilemma whether to sell or keep it as investment. For the last 24 months, bank valuation has been stagnant. Gross yield would be just under 5%. Anyone who is familiar with the area, what's your thoughts for CG in...
  8. imbi3

    Does stamp duty apply for selling a property to spouse? VIC

    Hi all. I have gone through old threads in this forum and can't seem to be able to find a straight answer. Scenario: Need to convert PPOR (my own name) to Investment Property. Value $450k. Loan $250k. I am thinking to sell/transfer it to wife on market value and re-gear the property to 90% (ie...
  9. imbi3

    Cheltenham VIC - golden triangle

    Does anyone have any info about a particular pocket in Cheltenham VIC which is called the 'golden triangle' by the REAs? No, I am not talking about the golden triangle in South East Asia :)
  10. imbi3

    Depreciation schedule

    I just bough a 1950's property in Cheltenham, which has been fully renovated recently (don't know the exact time, but would be within the last few years). It will be rented out for the next 2-3 years before we move in. Is it worth getting a depreciation schedule?
  11. imbi3

    Cooling off and deposit VIC

    Hi guys Quick questions: - is there a cooling off period if i buy property that was passed in at auction on the same day? - if i dont pay the remaining deposit because the agent hasnt given me their bank details, what will happen? Thanks heaps Ps i couldnt get through to my solicitor today
  12. imbi3

    Special condition in Contract of Sale (VIC)

    Hi all There is a condition that has been added to the Contract of Sale for a property I am looking to purchase 'Where a purchaser is deemed by section 27(7) of the Sale of Land Act 1962 to have given the deposit release authorisation referred to in section 27(1), the purchaser is also...
  13. imbi3

    Crowd funding - property related

    It seems that collaborative economy/crowd sourcing is trending at the moment. Came across this site if someone is interested. What do they do? No idea. Have requested an info pack http://propertycollectives.com.au
  14. imbi3

    Steve McKnight mega conference June 2014

    http://www.propertyinvesting.com/events/megaconference/?inf_contact_key=274fe05472a8fb4f2d5a4d16cd53ff1cd5d81d304d022a7a82dc52cfbcaaa5a6 Has anyone been to his seminar before? 3 days course with impressive list of speakers. However, I have a feeling that this is a prelude to another...
  15. imbi3

    Purchaser requesting license agreement - VIC

    Hi guys Just got a call from real estate agent regarding a block of land I sold with permit. Purchaser is requesting early access to the property for prep work (fencing etc). Should I agree to their request? Risk?
  16. imbi3

    North Melbourne. Thoughts?

    Just want to find out what people think of units in North Melbourne along and near Abbotsford St. Generally can pick up 2BR for $400k-$450k in an older block. Seems to be a good deal considering close to CBD
  17. imbi3

    Recommendation for good motivation course for wife

    I am finding it hard to get my wife to be involved in property investment. For some reason, she just doesn't have the interest. Maybe she doesn't have the time (work fulltime with 2 young kids) or maybe she doesn't have the mindset. I started by reading books. However, I doubt she will read any...
  18. imbi3

    Ideas to add 3rd bedroom to existing plan

    Hi guys Would like to get some idea on how to add value on this property, eg by adding the 3rd bedroom. I have 2 so far: - Change the meal room into a 3rd bedoom and move the pantry and fridge to the left hand side of the kitchen. I may lose some natural light from doing this - Change the...
  19. imbi3

    Minimum width for driveway City of Whitehorse

    I came across a site which may be good for 1 unit development behind existing house. Problem is, driveway is approx. 2.8m. What is minimum width for dual occupancy in City of Whitehorse? Is it 3m or 2.7m? Thanks
  20. imbi3

    Project Marketer

    Hi there Has anyone used a project marketer previously? I have a 3-units development to offload (2 x 2BR and 1 x 3BR) in Northern suburb of Victoria Any recommendation? Good/bad experience? Would like to hear your thoughts/experience. Thanks
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