Search results

  1. L

    Recommend Bathtub Resurfacing Person in Sydney

    Hi all Ive been shopping round for someone to resurface our bathtub (steel) I was told by Plumbers as well as some forum folks that it can be done for around $400.. Everyone I've called for a quote is asking $650-800!!! Can anyone recommend someone who will do a good price in Sydney...
  2. L

    Putting Floorboards in Apartment: Approval / Costs?

    Hi all I was just wondering.. do we need strata approval or anything to rip out carpet in an apartment and put in wooden floorboards? I've noticed that every apartment in our block that I have seen has carpet.. and very similar carpet. Would putting floorboards in the whole place be a...
  3. L

    Sell IP to buy own home? 50 year loans? Who to go to for advice?

    Hi all, In a bit of a tricky situation.. We currently own an IP in Salisbury, Adelaide (owe $216k, but its probably worth around $260-$290.. unsure). We've owned it for approx 15 months. On a regular month we would be $300 or so out of pocket every month, but on a bad month, eg. bills...
  4. L

    Claim Large losses on o/s property sale on Tax?

    Hi all, In 2005 we purchased a investment property for $44,000USD , spending close to $60,000 USD on agents fees, taxes, bills, insurance and misc items. (From those b*stards at Genesis REI) Over the years we did not see a cent of profit , in fact its a money pit. We have been forced...
  5. L

    Off The Plan - Shopping Mall IP Stands??

    hi all, Just wanted to get an opinion of wht people think of those kiosks/stands in shopping malls that are trying to sell IPs interstate? In sydney I've seen a few but never really thougt about it till now. The flashy stands with models and things on the table and say "$1000" deposit or...
  6. L

    Selling USA Property

    Hi all, I currently own a poperty in Lockport, NY whihc I am looking to sell in order to fund my home purchase here. However I'm not having much luck with selling. I originally purchased it from Genesis REI several years ago and have listed it with their "For Sale By Owner" website and...
  7. L

    Selling US Property

    Hi all, I have a IP in the US, Lockport, NY state. I am currently trying to sell it to fund a purchase back here in Aus. Just wondering if anyone has had any experiences with selling a US property? Who is good to go with? Right now I have a listing with Genesis on their FSBO site but its...
  8. L

    Brisbane City areas...

    Hi all, What are some good areas within 10-15kms, maybe 20kms of the Brisbane CBD that have good potential for growth aswell as being popular with renters? (high 100ks to mid 200ks for townhouses) I have been thinking of the following and surrounds - fortitude valley - Mt Gravett -...
  9. L

    Investing is all about using other people's money?

    I hear this phrase so much, in books, from brokers, financiers.. etc Why do people say its better to borrow MORE money for investment purposes than to use more of your own ??? (and have more equity in a property as well as lower monthly repayments) Eg. I told my my mortage broker I want...
  10. L

    Property Management for Newbies

    Hi all, What is the difference between a PROPERTY MANAGER and a REAL ESTATE AGENT ? What sort of services do they cover? Does a PM handle maintenance and looking after renovation processes and all that or is that all up to the owner? If I was to buy interstate and wanted to do a...
  11. L

    First place to buy - Sydney (FHOG), NSW other or Brisbane?

    Hi all.. I'm living in Sydney now and looking to get in to my first IP. BUt my mortgage broker says it silly not to take advantage of the First home owners grant and stamp duty (in NSW) But the thing is I can only get about $150k - $200k loan comfortably( plus my own $40k deposit) and I...
  12. L

    Some very SERIOUS/ Detailed Q's for newbie

    Hi all.. I am wanting (hoping) to invest in property sometime this year.... I have a few questions which I would like some advice on... I can get a loan for $150 easy, but told if i stretch I can borrow $250 plus my deposit of $40k approx. But my feeling is to stick around $220k or under...
Back
Top