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Miw I did think of renovators but there are so many sub variations to a reno depending on what you buy. Can you think of a way to add it in without it being another 100 points?

Its been a while so over the next few weeks I might do some tinkering with this list and see what variations I can come up with.

To you and Baker thanks for the encouragement - its energising to share and hear of people getting a benefit.

Great question. You can certainly have a solicitor check them but they will want to charge. You might find some who do this as part of conveyancing fee, others won't. If you are concerned it would be worth an hour of their time even at $350 or whatever they might charge. Personally I just read...

That's a good one sam thanks

There there is lots, and good info too, thanks. Not so easy to condense into a step by step due to the variations of strategy. I guess one could make the list for the actual selling process but the decision on if/when/why to sell is more strategy related isn't it and less list friendly perhaps.

Great idea Rixter, how about a list of options for harvesting? (the when, the why, the how -etc)

I agree buying property is not brain surgery, but there are lots of professions which aren't and I would still use their expertise. In this field a few include Mortgage brokers, solicitors, property managers. If I wanted I could realistically do everything they all offer myself. How steep...

danwatto did you come up with any improvements?

Good point Cjay - I will switch up my original. Re the other bit I know its impossible to have 1 checklist that will suit everyone but if I have as many contingencies in as possible (like pre approval etc) then its hopefully as close to comprehensive as it can be. Danwatto - customise away...

STAGE 3 - OWNERSHIP Review/interview the available Property Managers (PM) local to the property purchased. Select a suitable property manager. Remember that good property managers will pay for themselves and a bad one will cost you thousands. Don?t choose based on lowest price, but quality of...

STAGE 2 - THE BUYING PROCESS Select a Solicitor (in the relevant state of the property) Review the short list of properties and do a cash flow analysis on the best property(s). Decide on a target property to begin with. Consider initial offer price and maximum potential purchase price...

Hi all, I have been working on a checklist for property purchases and I thought I would share progress in the interests of open source collaboration...there a probably some good ones already floating around but I found it helpful to make my own. It somehow made sense to break it up into 3...