Well as of tomorrow I will have the keys to my 1st IP property (good, bad or indifferent) its mine. I can say the last month has been interesting and a sharp learning curve mainly with the bank and lessor extent insurance companies. I will open another thread on the bank issue and not bore people with it here.
The renovation I have a link hereabouts which should say most http://www.realestate.com.au/property-house-qld-woodridge-106424040,
suffice to say I have my work cut out and will be doing a total make over. There is debate at the moment to change the louvers to sliding windows and wheather I install the front deck or not.
Basically I will be ripping everything out bathroom, kitchen, laundry, toilet and doing some landscaping, including a large tree removal . The exterior walls are double brick so just a big clean to them, internal walls I will be cleaning and sheeting. Drop all ceilings and construct a couple of walls. Repair the burnt area, not a major issues unless the engineer gets excited.
As I have no power I have spoken nicely to the neighbour and can source power from there for a couple of weeks till sparkie does his bit and energex gets out and hooks it up.
Anyway I will take photos as I progress if anyone is interested, I will also keep a list of what it costs for anyone that is interested.
I can say this is a buy, reno and hold project.
Brian
The renovation I have a link hereabouts which should say most http://www.realestate.com.au/property-house-qld-woodridge-106424040,
suffice to say I have my work cut out and will be doing a total make over. There is debate at the moment to change the louvers to sliding windows and wheather I install the front deck or not.
Basically I will be ripping everything out bathroom, kitchen, laundry, toilet and doing some landscaping, including a large tree removal . The exterior walls are double brick so just a big clean to them, internal walls I will be cleaning and sheeting. Drop all ceilings and construct a couple of walls. Repair the burnt area, not a major issues unless the engineer gets excited.
As I have no power I have spoken nicely to the neighbour and can source power from there for a couple of weeks till sparkie does his bit and energex gets out and hooks it up.
Anyway I will take photos as I progress if anyone is interested, I will also keep a list of what it costs for anyone that is interested.
I can say this is a buy, reno and hold project.
Brian