Actually Harris you DO give me too much credit. This was a joint purchase and as mentioned earlier in the post sourced by some-one else. Yes I did then get in and get involved but after purchase have rarely visited and done no work apart from essential repairs. My Hobart property was another kettle of fish indeed and I did source that property and put in HEAPS of hard work. Most of the work in this deal was in assessing the deal, structuring the deal and financing and then refiancing and refinancing. And having it well managed to maximise the rental returns. Of course during purchase some of that work load was shared.
Wooohoooo! Valuation in
- Thread starter GoAnna!
- Start date
Actually Harris you DO give me too much credit. This was a joint purchase and as mentioned earlier in the post sourced by some-one else. Yes I did then get in and get involved but after purchase have rarely visited and done no work apart from essential repairs. My Hobart property was another kettle of fish indeed and I did source that property and put in HEAPS of hard work. Most of the work in this deal was in assessing the deal, structuring the deal and financing and then refiancing and refinancing. And having it well managed to maximise the rental returns. Of course during purchase some of that work load was shared.
Hey Harris,
are you implying that this is all because of hard work!!! I thought it was all just luck. You know jump on a plane walk around Launceston and decide to buy multiple properties - big dealAnybody can do it.
Just joking!!!!!!!
Again, congrats Goanna.
Where you mention the % returns that improved from 12% to 17%, is this 17% based on the new valuation or does it refer to the original purchase price?
Cheers
On initial purchase price. Was just trying to give a rough idea of performance. I am a sticky note gal not a spreadsheet queen
Ok I take some of that credit back..! I confused your Hobart development with launceston one.. nevertheless great results.
Harris
