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I try to operate inside the law - you can do what you like. The risk vs reward doesn't make sense to me.

Outer West, Werribee, Hoppers Crossing, Laverton, Outer South East, Frankston, etc.

If they are still on a 12 month lease you cannot have them vacated during that time legally. You need to wait until 60 days before the expiration of the lease and then give them notice that you (the landlord) will be moving in. Like I said, there is no 'legal' way around this, I've seen...

Some things for you to think about: 1. Renovating is sometimes not necessary. 2. Do you know how to make a renovation profitable (time, budget, etc.) 3. Do you know why you would renovate a property? For me, a renovation is only to increase equity, or to increase rent (depending on my...

Hi Fluffy, I have invested in Ballarat quite heavily and intend to do so now and in the future. Currently, Ballarat is definitely a buyers market, I just bought 2 more properties in Sebastapol and was able to negotiate some extremely favourable conditions into my contract. The rental...

What are your numbers going to be with a 310k purchase price? What will it rent for? If you're not focusing on capital growth the amount that this property will return is incredibly important to you. What I've seen happen is when there is an influx of apartments in the CBD (Talking melbourne...

1. Check the current rental prices and extrapolate from there including the timeframe of your project. 2. New house developments in rural/outskirt areas are EVERYWHERE. Lots of people have done it, whether they were successful with it is another thing. 3. Land prices go up, building...

You have no idea WHY you're buying the property. What do I think of it? I think you need to reassess your desires, requirements and your motivation. If it is an investment, then it is an investment and you should look at it from that point of view. If it is a place for you to live...

That sounds like a terrible renovation

Ace - not all of us are builders.. The thing with this property is that the photo is of an extension to the original 1930s-40s home, so they just don't seem to fit together.

As a student myself I can tell you that these people are probably very honest. What's the difference between a yuppie and a uni student, 1 year? Look at it from both sides. Instead of just having pets there the tenant decided to vacate (Which shows honesty), and instead of just having...

What about for the brick wall? You guys think just paint it?

Hey guys, You guys always have interesting and innovative ways of solving problems. What would you do with these roofing battons?

Not sure of the brand, I'm viewing the property tomorrow. It's for a flip, open fireplaces are pretty important to the area, so it's something I'd like to imitate. This sort of heater has a cheap, old feel.. Rather than a prestigious, traditional one, like I'm going for.

I can see from the pictures of the house, it definitely has a chimney. I've seen the ones you're talking about. Way outside my budget, haha

It's a reno project, ideally I want an open fire place there... Ideally. Haha

Just wondering what you guys would do with a heater like this in a period home when renovating?

bump .. : )

Here you go bud, Not sure on the roofing, haven't been in the roof space

Hi Dave, I thank you for your input on the property, but it's not really what I was asking. Bedroom 3 is tiny, it was originally used as a dressing room I'm guessing, the ensuite was to combat the small main bathroom issue. The drawing is somewhat to scale, but the kitchen right now is very...