Search results

Hi Ralph, Apologies for the late reply - only just noticed the question. There have been no vacancies across the 3 units during the last twelve months and just a small rent increase. Only a couple of maintence issues - so all going well. We have just purchased another one a Wynnum -...

Below are the tradies we used - the bath came up like new but the smell of the paint used literally cleared the site for 3 days. It really burns the eyes and sinuses. Very happy with the result. Floor sander was great also - came highly recommended to us and did a great job. We did all the...

Hi Jerry, Thanks for your comments - unfortunately as always the tennants enjoy the fruits of our labour while we continue to live in squalor. A PPOR reno is definitely up next (be calling soon on this Jane - we need a good plan !). Definitely have a great Russian floor sander that we...

Thanks Jane. Rudi came back to have a look at it - he thought he could make us around 15% on our investment if we sold it now, told him that wasn't worth it for the effort involved !

This project was finished over Easter and one unit is leased out - there is sufficient interest to believe the other 2 will lease out shortly. The gross yield based on full costs (including holding costs) will be about 6.8% which is what we were expecting. Like always the renovation took...

Still going on the renovation ! Just about all done but still some minor issues to be resolved. No real surprises which is good - a good building inspection and the renovation plan helped create that - but there always seems to be something extra that makes a lot of sense to do. Taking...

A couple of in progress photos of the exterior and bathroom - the start of the thread has the before photos. Just pulling things together - the last 20% that is so hard to finish.

The finished product is starting to come into view now and it is looking better than we were aiming for. The bathroom came up really good - although the enamel paint for the baths cleared the site for a couple of days, really toxic stuff. I'll get some pictures of the paint job up later -...

Agree that replacing it is the best solution. The initial plan was to gut the bathrooms and do a bit of a re-design, but now we are just painting the walls, spraying the bath tub and replacing the vanity. This gives some wothwhile savings across 3 bathrooms. The painting of the bathroom was...

The new doors and handles - primed then painted.

The walls that has been painted - they are a patterned wood panel and have come up better than expected.

A couple of progress photos - not much to show as the painting is in progress. This is the bathroom where the asbestos sheets have been primed with Norglass marine grade primer. http://www.norglass.com.au/products/norust-all-surface-primer

Always good to have a plumber with contacts to call on Doddzie, I might take you up on the offer - sounds like you are well placed to do a good reno. What are you going to with your asbestos ? Still a bit nervous about how our bathroom will finish up. I'll put a couple of progress photos...

I think "both jobs" are the kitchen and bathroom you mentioned. As for our reno - we have a good discussion about what is required before the work starts and then we do an inspection before the final payment. The (future) property manager is also really helpful and would do inspections if...

You are already through the hardest part ! If you have got this far then don't let the reno part stop you. We are not doing the reno fully remotely - we on site regularly - if you can schedule even a couple of trips it would make things easier. We got some cheap airfares when the sales...

Nice to see you on the thread, arms. You are right that it was your idea to keep the bathroom layout as it was - hopefully we are still thanking you for it at the end ! Must say that "arms" has been great with the kitchen design and with a lot of ideas for the rest of the place. It is so...

Hi Tegan, Definitely would have been annoyed if we had off sold out a couple of years ago because of the properties cash flow challenges. The properties have not been valued since we added the granny flats - that might happen a bit later. The granny flats work best in the high value...

Hi Jane - great to hear from you. We are trying to stay true to the Renovation Action Plan you provided. It is a great reference document and we have multiple copies on site (without the estimated costs of course !). We are compromising in a few areas (eg doors and handles) as the reality...

Hi Wylie, We are using Carl the plumber, Wayne the pest guy and Tom for the kitchen - all of which you recommended either directly or elsewhere on the forum. The electrician and painter we were keen to use but they were not available in the timeframe we needed and we went with a...

January has largely been spent getting quotes and planning. We now have the following trades ready to go : - carpenter repairing walls and floors and replacing all doors. - kitchen designed and cabinets being made. - plumber has tapped off everything. - electrician to get things ready...