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Ah, those duplexes aren't something you'd send straight to the pool room.

Maybe later, I actually have my plan of attack now. Meeting with MB on Friday, super excited about that (someone from the forum); and have appointed a buyer's agent in Brisbane (also recommended by the forum). Even if I had all the knowledge, and I have only just learned it costs $30K + to...

Ah, just get the hair dyed back to its natural colour, I do :) Someone here suggested I get help from someone like Stratawise when I was in my *can I develop???* phase. I never contacted them as I pretty quickly dropped the developing idea - still want to learn about it tho hence continuing...

Westminster, I came out with a $200,000 profit lol, but I added it up wrong and didn't take into account marketing RE fees and set the sale of the units way too high. hence the reason I'd never take on one of these projects myself - maybe one day, but not for a first IP.

so one bedder apts in Cdale new are on for $350is, 2 bedders $420ish You buy a devvie block for $799K - say you get it less and that includes your SD and legals here's a newbie feasibility: $800K cost plus holding costs??? $15K to pull down the house $35K for subdividing $200K...

Hey, I'm posting from my iPad at the RE office with a wad of cash in my hand. That one was only 20/40 as well, can't even slap up 10 boxes for bogans

another devvie in Cloverdale http://www.realestate.com.au/property-house-wa-cloverdale-116162127 $779 :eek: and they're selling too.

apparently I can't as I'm a newbie too many people crammed into cheap housing in the one area makes it a ghetto, an area can't gentrify if the plebs can afford to live there.

lol, unrealistic vendor thinking their property is worth more than it is even in a hot market. Why would you buy one of them for $449K when you can get something brand new in Belmont, Cloverdale, and if you wait a bit, probably much less as the developments come on the market and turn the areas...

Maybe fill in the arches and install a B and D dungeon/third bedroom. Cheapest I've seen in Becks is that Galaxy Street one backing onto the railway line. You'd have to get stuck straight into the renos on this one, doubt you'd get much rent for it. Oh, and I wonder what the wood...

saw that online just before and thought, are prices coming down in Beckenham?:eek:, the carpets ... what about the greek columns and arches. :eek:

I'm really good at identifying properties I want to live in :( Back to looking in Thornlie, Maddington and Gosnells for retain and build blocks. Prices down there give me a sense of relief, and there's little chance I will find a cute character cottage I will want to overcapitalise on and live...

One thing you're doing well at today Perthguy is identifying properties to lose money on!

Those 2 units for sale together are nice tidy little places, but with room to improve, bathroom, kitchen, bit of landscaping - but would they really fetch $450 week each as is? Doubtful

LOL, the ciggies strewn across the table are a great look. If we look hard enough am sure we can spotto a bong or 2.