cheers Rockstar. I think your estimation will be pretty accurate. it's ok tho, still a really quick build. just regret missing some of the peak letting season. I think i mentioned earlier that the old place next door I use to let out at $5k a week so you can make a lot of your annual holding costs from Jan rent.
Aaron Sice saves the day
- Thread starter Ausprop
- Start date
I know how you feel. Sometimes we can get consumed and even obsessed by efficiency. That's when it's time to reflect on the big picture and gratefully acknowledge how well things are going. Most building contracts allow the contractor 22 weeks so 16 weeks to completion will be a great achievement for you.
Building houses can also be a way to build our character. Just ask Michael W.
Building houses can also be a way to build our character. Just ask Michael W.
$5K
amazing. How many weeks pa could you rent at this price?Be also nice for your family to enjoy when vacant.
Cheers, MTR
oh I've had nightmare builds don't worry - from massive development loans near on fully drawn and the builder nowhere to be seen for weeks leading into months with walls and plumbing out of position, to builders taking so long to start that the buy back option on the land matures. think my first house took near on 2 years to finish during the boom.
thats like peak peak rate, not just peak (2k per week).
$5K
Be also nice for your family to enjoy when vacant.
Cheers, MTR
you really only get 3 - 5 but if you can pick up $20-30k over Jan/feb then you get Easter and a few randoms here and there and it generally outperforms long term letting. Have heard some lettings getting up to $70k so if the capital value of the property is low enough it's not bad - good for a one off as you can use it when vacant as you mention bu tI dont think you would want to scale up and have too many as they take a bit of thought and time
true. tho you wouldnt really go much below $500/night for a decent place. this is a good example and always seems to be full
http://www.stayz.com.au/23272?&numN...sOnlinePayment=false&locationLevel=3&rating=0
do you have any updated photos, John?
here's a few updates. its beena big weekend of moving and setting up furniture and I am really stuffed... it's really draining moving for some reason...must be like doing weights for a day??!!
i will get some more shots when things are a bit sorted, i was falling over cardboard boxes and wrapping. everything going great, tho I oiled the deck and after not raining for 3 months it decided to rain this morning... I think it was ry enough.
i will get some more shots when things are a bit sorted, i was falling over cardboard boxes and wrapping. everything going great, tho I oiled the deck and after not raining for 3 months it decided to rain this morning... I think it was ry enough.
Attachments
super! thats one for the portfolio!
Hi John
this looks great, I really like this location, very peaceful.
Do you get any views??
That is nice, Ausprop and Aaron!!
cheers
cheers
thanks champ - bang it in SCOOP Magazine and get me some cred!
Aaron
Gotta ask you, off topic, but how the hell do you get anything done you must be on SS all day long, I know you probably work all night
Aaron
Gotta ask you, off topic, but how the hell do you get anything done you must be on SS all day long over 10,000 posts, you probably work all night
lunch breaks, between jobs, on hold to planning.....
i think it's called multitasking.
i think it's called multitasking.
