Internal for $2k, what company was that
My Green Ugly Duckling - #3
- Thread starter Nixba
- Start date
i didn't go with this one but does it sound expensive? It's for a 3 bed house so I thought about 1.5-2k sounds about right.
Like I said I paid over $3 for a couple 2 bedders!
Property is in Logan Central. Just saw your post - $3K for 2 bed, internal only or including external?
Mines logan central too, internal only.
Sorry for taking over nixba lol
Sorry for taking over nixba lol
Hi guys,
Some update pics of this property post renovation - these were taken a little while ago. The ugly green is now long gone. Reno included full internal external paint, floorboard polishing, and general clean to kitchen & bathroom. Has come up really good. Will be getting this property reval in Feb 2015. I'm expecting a val between $285,000 & $295,000 (which if topped up to 90% will allow me to pull up to $28,500 out for subsequent purchases). A similar property in same street (number 9) sold recently for $305,000 however I like to be conservative with my numbers.
Onwards and upwards for #4, 5 & 6 in 2015.
Kind regards, N
Some update pics of this property post renovation - these were taken a little while ago. The ugly green is now long gone. Reno included full internal external paint, floorboard polishing, and general clean to kitchen & bathroom. Has come up really good. Will be getting this property reval in Feb 2015. I'm expecting a val between $285,000 & $295,000 (which if topped up to 90% will allow me to pull up to $28,500 out for subsequent purchases). A similar property in same street (number 9) sold recently for $305,000 however I like to be conservative with my numbers.
Onwards and upwards for #4, 5 & 6 in 2015.
Kind regards, N
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Hi EN710 - thanks for the kind words. I would imagine the next 3 will also be in SE QLD, so yes will be using a BA for these as I'm in NSW and would rather focus on maximising my PAYG income. Will start scaling back my borrowing to 90% + LMI for the next few I would imagine. Will depend on the lending climate is like - as mentioned in a previous thread, I live at home, can save $5,000 monthly and my current portfolio is cash flow neutral overall. I can afford to be aggressive with borrowing. Hope that helps.
N.
