Search results

  1. I

    What can/cant you go without?

    Just wondering what items/hobbies and such fellow SSers can and cant go without when it comes to property investing. Everyone has a vice, some nice dinners or holidays, others cars. This is more aimed at those starting out in the game, or when they were starting out in the game. For me, i...
  2. I

    Furnishing your IPs

    Does anyone do this? Its something ive thought about in the past, and now that i have the itch again, its something id like to possibly try. Went for an open this afternoon in a blue-chipper where average return were $280 for 2 bedroom unit worth around $260-280 (in ok, but worn condition)...
  3. I

    Adelaide Plumber

    Looking for a plumber who works in the North / North-East of Adelaide. Mixer on my sink is leaking water everywhere, and my plumber is out of town. Was purchased at Bunnings around 6months ago, so is still under warranty i believe. Does anyone know the protocol with a problem like this? I...
  4. I

    Arrogance on this forum

    Is it me, or does this forum get more and more arrogant with each passing month? It makes me sick reading some of the posts by people here, who clearly have their heads too far up their ****. You may think your crap doesnt stink, but it smells just the same as that person on welfare...
  5. I

    Whats your interest rate?

    Just reviewing my rates with the Commonwealth, and i think i am paying too much. My rate as of yesterday was 7.06% on a variable loan, and that is with the .5% discount from my wealth package which costs me $350 a year. Can i get some examples of other peoples rates and which bank they are...
  6. I

    If land appreciates...

    Why do so many investors have portfolios of mostly units? Is it a beginners step due to their usually higher yields, and after some time they use the equity in the units to buy houses, or is it just a strategy some go by, and isnt what you would call gospel?
  7. I

    Investors in Adelaide - Where are your hot spots

    Any particular areas people are targeting atm? Watched a segment last night mentioning housing stress, and how a few areas North, and North East of Adelaide consist around 35-40% of families under housing stress, so there could be a few bargains to be had there, but not sure they would have...
  8. I

    Development syndicates

    Is anyone apart of one of these, or has heard about them? Just another way of saying a group of like minded people get together and buy a property, split the costs to renovate & then split the profits once sold. Something i would really like to do not to far down the track, but i dont really...
  9. I

    My first renovation

    Tenants are just on their way to sign their contract on my IP. Finished this on Sunday (just need to install the venetian blinds), and the old tenants moved out on 23rd September, so roughly 6 weeks it took for completion. Purchase price was $188K in December 09, rented to last tenants for...
  10. I

    Painting bathroom tiles

    Has anyone done this before, and how did it turn out? Renovating an IP, and am not too keen on spending a lot of money on it if i can avoid. Its in a decent area, but not blue chip, so a quick paint should freshen it up a bit. Was quoted today for Thermoglaze, and that came to about $4500...
  11. I

    Renovating during this time of a cycle

    Tenant is moving out in a few weeks, and the place is due for a freshen up. Would it be a sensible move to spend that bit more money and go the next level, instead of just a simple paint and clean? Looking for new floors, paint, and fixing up all fittings etc with a small reno of the...
  12. I

    Adelaide: Renovation materials

    Hey guys. My tenants are moving out in the next 6 weeks, which is earlier than i expected, so am forced to rush my approach to looking for renovating materials. I have decided on a quick cosmetic reno as everything seems to be in order from his reports. Looking for floorboards, carpet...
  13. I

    How much of a "scrooge" are you?

    Just thought this would be interesting to talk about. How miserly are you / were you when saving up for deposits for houses? My gf is always asking me where my money goes, why i dont buy all designer name brands etc, and would much rather go online and get clothes. Also the mates ask me...
  14. I

    Useful sites

    Sorry if this has been posted before, i couldnt find the specific sites i was searching for in previous threads. I came across a site on here a little while ago where you could see how much a property has been discounted, and how long it has been on the market. Does anyone know what this site...
  15. I

    Let me get this straight

    Newbie here, so sorry for bringing up the topic again, just trying to un-jumble my train of thought before i go for an open house this afternoon. In a property downturn: - IR likely to go down if it is over an extended period of time (thus making repayments less / ability to hold property...
  16. I

    Silent Patner / Business Owner

    Who here is a silent partner, or owner of a business in which it is not their main source of income. For example, have used funds, or equity to buy into a business, but may already own one or have your own job. How has it gone for you, and would anyone disclose what area the business may be...
  17. I

    My strategy - what do you think?

    Hi guys. Have been doing a lot of thinking lately, mainly about how i want to invest in property, and not just "becoming a property investor". Im 23, and still at home, so expenses are currently purely my own (phone, car (petrol,rego,insurance), gym, girlfriend :P). Im in no rush as i dont...
  18. I

    Young and stuck

    Hey guys, hope everyone is well. For the past few months now, ive found it really hard to figure out where i want to go/be in the next few years - especially investment wise. December 09 purchased a 2b unit 9km from the Adelaide cbd for $188k, which i thought was a pretty good deal. Ive...
  19. I

    Bubbles in the market

    Thought this might be interesting viewing. This guy has discovered 34 asset bubbles in history, and they have all burst except for 2... The Uk & Australian housing market. What do you all think...
  20. I

    Young investor getting scared off.

    Hey guys. With all this talk of the RBA raising IR to try stop falling affordabilty rates for home buyers, and talk of IR hitting double figures in the next 2 years, im sort of being put off getting another IP. Im nearly 23, and purchased my first IP last December, and was starting to have...
Back
Top