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Thanks strongy1986 I agree :)

We're ready to buy our 4th property and we had the following places in mind and wanted to know what others thought of these places? We need positive or neutral cash flow + low vacancy rate (1st pref) to buy and hold or develop in the future. We are located in Melb and time poor :( so all...

If you are or know anyone please PM me thank you :)

Hi Yman is there a reason why you advised old and original? I've heard a few friends talking about Craigieburn recently as well as Sunbury

Thanks tobe Do I need to inform the tenants while im going through the planning permit and subdivision etc?

That is what i am hoping for. Sorry i am completely new to the whole thing, would this be a major problem in financing re: own title? Also would it be too early to speak to a broker to find out how much equity i have and what my borrowing options are when i know it will take me almost 6months...

Thanks heaps for your prompt response! :o

I am thinking of subdividing and building a 2 bedroom unit if I get an approval for a construction loan end of the year. Some say I need 20% deposit and others say you can have 10% deposit so I am a bit confused. I haven't spoken to any brokers yet as I am still saving for the deposit so I...

I am interested in forming a team. I have made contacts to a broker and asked around for an accountant. We met one person through recommendation, but being a newbie in property investment I don't know how to tell if he's good although he certainly sounds better than 3 other accountants that...

Thank you for your response I didn't realise how many things would be taken into consideration for the renovation :confused: I had a chat to people at work who also advised that it would cost around 50k as a staff member had converted a shed to basic rumpus for 40k. Could anyone advise...

Hi i would like to know if anyone has done this and how much it costed them to do this using professionals in Melbourne.