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  1. J

    Is this a crazy idea? Advice wanted...

    I have tremendous amount of confidence in Brisbane over the next 3-5 years. Wether that confidence is warranted or not is for another discussion (let's not get bogged down in that, there are other threads on this topic). Anyway, I've purchased 3 properties there in the last 12 months and I've...
  2. J

    Brisbane skip bin hire - which one?

    I've short listed 4, any one have experience with either of these? https://www.binsskipswasteandrecycling.com.au/findAService.html?execution=e2s1 https://handybin.com.au/bin-sizes-and-prices.html http://www.truckinrubbish.com.au/bookonline/ http://www.rentaskip.com.au/Home.aspx/StepFareList
  3. J

    Interest prepayments with Macbank and AMP, too late?

    I understand they can take time to turn around. How late can I leave it before the EOFY?
  4. J

    What does a rental boom really look like?

    I've never experienced one and I'm curious to know more. I've seen house price booms but not rental. I live in an area that has had one of the biggest rental increases in the city (80% in 10 years? I'm sure there have been bigger individual rises but I mean the average in my area) but I can't...
  5. J

    Mortgage broker with experience in the Malaysian market needed

    This is a long shot but I thought I would try anyway. Someone I know has gotten into hot water with his loan, he is Malaysian and lives there too. His education level is very low so he's depending on friends and family to help get him out of this bind. I believe he needs a refinance but no one...
  6. J

    If there are no BIR's, is it worth installing wardrobes in every room?

    For example these are only $200 each: http://m.ikea.com/au/en/catalog/products/art/30270137/ Sure they could already own one, but people seem to love BIR's so I figure a lot of renters don't. They may own a tall boy / dresser and miscellaneous other storage items but not wardrobes. There are...
  7. J

    Possible to replace just a kitchen bench?

    The rest of the kitchen is in great shape, just the bench is worn. My concern is how hard it will be to remove the stove top (which sits atop part of the bench and connects to the oven underneath it) and the sink without destroying them? I'd hire a pro obviously but if it's really tricky I...
  8. J

    Share your "but this time it's different" stories

    During the GFC I had a friend that was "educating" himself by watching doomsdayer vids on YouTube. He was talking about how "but this time it's different" because people had more credit cards and therefore debt than in any other time in history. He talked about how we would regress to a fiat...
  9. J

    Townhouses with business zoned downstairs - considered commercial or resi?

    I'm curious what sort of loan would you need to purchase a property like this: http://www.realestate.com.au/property-townhouse-qld-sunnybank+hills-119960545 It's located at a local shopping centre and it's designed for live-in businesses, and has regular business facilities like shopping...
  10. J

    OTP - loan not confirmed until settlement (QLD)?

    I just messaged a friend to see how things were going with his OTP, whether finance was confirmed. He said the bank won't confirm until they have the title deed. That doesn't sound right does it? As far as I'm aware it's a three step process - 1) Valuation, 2) Loan is confirmed, 3) Settlement...
  11. J

    What do you consider a casual "walking distance"?

    The key word here being "casual". For example I find 1km to be comfortable, but it's not casual. It's not the sort of walk where I say "hum I feel like a bag of chips" and just pop out for a bit. The moment where 50% of the time you could be convinced to hop in a car instead, I define this as...
  12. J

    Does sub-division DA = permission to build a semi-detached duplex?

    If I have my terminology right, semi-detached duplex being a house that is generally symmetrical but physically separated by a big wall. Anyway if someone has DA to sub-divide does it also translate to building a semi-detached? Or does a sub-division DA pertain ONLY to two completely separate...
  13. J

    Why are sub-dividable blocks rarely 80-100% times the price?

    I've seen it a lot. A sub-dividable block will be next to a regular block, and only commands a small premium, say 20% (e.g. 400k regular vs. 500k sub-dividable). But someone could come in, tear it down, and cut it up and sell each one for 70-80% of the price of a regular block with a house on...
  14. J

    Is it safe to lightly sand asbestos?

    I have asbestos sheeting on the side of my house. It has been painted 2-3 times, but the last coat is flaking. I was thinking of lightly scraping and sanding that outer surface before painting - it's unlikely I will even breach the original layers of paint. This should be safe right? Or is the...
  15. J

    Asian hubs in Perth and Adelaide

    My niche is Asian suburbs for reasons I can explain if anyone is interested. Anyway I'm done with Brisbane and am planning ahead, and would like to better understand the Perth and Adeliade markets. Where are the main Asian hubs there (focusing on Chinese, not so much Vietnamese - Vietnames...
  16. J

    Two houses next to each other, but one house is right next to a townhouse complex

    So it's like this: [house A] [house B] [TH complex front garden / entrance] [TH complex] Assuming all things being equal, would there be any downsides to buying B over A? Pros: quieter, since next door is just one big garden strip Cons: more trouble to organise fence replacements...
  17. J

    For properties with high deprecation potential, wouldn't it be worth getting 2-3?

    Considering they only cost like $300-500-ish, if you had a property that you expected to get a lot of deprecation from, wouldn't it make sense to always get like 2 or 3 of them and just pick the best one? I've just seen them vary so much between companies, and even individuals within a company...
  18. J

    Driverless cars - the biggest potential impact to real estate?

    Firstly assume for a minute that it's 100% feasible. I mean who knows, it could end up being a disaster, but let's assume for this thought experiment it will be a huge success as I don't want this discussion to be focused on tech. Anyway it only dawned on me recently what a significant impact...
  19. J

    When is QLD stamp duty due?

    My cousin bought a house a while ago that doesn't settle for a few more weeks. His lawyer is saying the stamp is due within one month of it going unconditional (which is now) otherwise it'll begin accruing interest. I'm pretty sure I've taken longer than that before and only paid on...
  20. J

    Not a bad deal in Sunnybank, QLD

    http://www.realestate.com.au/property-house-qld-sunnybank-119927917 If you can make it liveable for 50k you'll get some good CG. It looks infested with mould at the present time so it's hard to say just how fundamental the problems are. A 3 bedder in that location in decent condition generally...
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