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Negative on that property above, the existing house needs ALOT of work apparently, currently on rent for $150 a week.

ok great, thanks, sorry should of google first :p I have started looking more closely into Bayswater, what do you guys think of the following for a potential retain & build http://www.realestate.com.au/property-house-wa-bayswater-115047059 Its a little on the pricey side i think but...

Hi Westminster, do you know where i can find more about that? The prices seem ok in Hamersely, would be a good location should a rezoning occur

What are thoughts on Hamersley, it is near train and it is in the city of Stirling, which i hear is quite a wealthy council. I cant find what zoning the area is though, can anyone shed some light on current/future zoning? Thanks

Hmm thanks, would you reccomend straying away from the main road?

That is exactly what i am doing Bayview, obtaining a suitable property now, using subdivision of my mothers property as experience for my own subdivision later............ if all goes well :)

How is this one in Morley drive? http://www.realestate.com.au/property-house-wa-morley-115584759

Subdivisible houses in Embleton are proving a little difficult too find, and i am worried it could be a while before anything suitable pops on the market. Are there any other suburbs that the experienced investors could reccomend for me to have a look at, North or south of the river, it...

My understanding of RCodes is quite limited, we want to aquire a subdivisible block for a future subdivision. Those two properties i mentioned are both R25 which means: Min. Lot size = 300m2 Ave. Lot size = 350m2 Min. Area of Battleaxe Lot = 425m2 Common Accessway Both proposed...

Narrowing down our search, i think i have gone off the idea of Girrawheen in favour of more areas closer to the city.......for now anyways. As mentioned previous, our goal is to secure 2 IP's in the next 6 months, with the first to be acquired in the next month. Maylands - Villa or Unit...

Thanks for the advice all, will need to head to more open homes and create some contact.

Hi all So we are no closer to getting going! Currently looking at the following options and really keen on getting our foot in the door We saw our broker, we can borrow about 1.3/1.4 mil based on earnings, equity (being conservative) but obviously we dont want to get over ourselves to want to...

Now that you mention Rcodes and zoning tables, can someone please point me in the direction of somewhere that lays all this information out thats easy to understand :o i want to make sure i fully understand them as they still baffle me a little. i understand that R30 means 30 dwellings per...

wow didnt expect to review such a backlash over being a newbie :p Yes we are young and we are probably a bit overambitious but nothing wrong with it I am currently undertaking a subdivision in Riverton, helping my mum subdivide her property and build a new property in the back and sell the...

Haha good to know im at least somewhat on the right path. If i go the apartment option im going straight after rental yield and to retain. If i go the subdivide its a mixture of both. Our other option is to go the apartmetn option and to go into a joint partnership with inlaws to...

Hi All, I was hoping some of you experienced and knowledgeable good people of somersoft can help steer my wife and I into the right direction as we embark on the purchase of our first IP with more to follow in the future. Appreciate any who have the patience to read ahead and give us some...