I've gone down that avenue before, even looked at buying a kit and having a builder put it together for me, but I can't seem to find someone who...
Hey Merc, part of the deal (or the way they sell it to you) is that they can handle as much or as little of the project as you want them to, plus...
Yep, my thoughts exactly. They're selling the whole project as "We'll save you money by doing all the running around for you, getting you the...
The only other company that's actually got back to me in Ipswich was Superior Granny Flats, all other multiple online queries for someone to call...
Hello all, I've been looking at a few options in building a granny flat on an IP in Ipswich and I came across a company called DIY Granny Flats....
I contacted a few of the bigger companies, and they all couldn't offer me building insurance due to the fact that it has foundational issues. I...
A couple of reasons for doing this now include: - I've had no insurance (of any type) on the property since I bought it because no insurer would...
Hey team, I have an IP in North Booval QLD which has some foundational issues due to reactive soil. Foundations are on a concrete slab, but it...
Brilliant summary Rugrat, and thank you so much for taking the time out of your day to go into detail. It's greatly appreciated. I've done a few...
Hello all, I've been looking at buying an IP just outside of Toowoomba in the Drayton area. I'm a Sydney investor and my Toowoomba IPs have done...
Hi all, I've been really considering buying a few duplexes (2 or 3) in the suburb of Brassall. I've noticed a few duplexes going up for sale for...
Sorry, maybe I wrote this incorrectly in my last response. I'm talking 3.2% on purchase price Nett yield. Gross yield on these units is 9%.
Thanks Wylie. Will note that going forward. It's been listed for a quite a few months, so any bargain hunters would have come across it by now....
I've looked at similar properties in the area, and while I can buy a similar sized property (land) with a house on it as well as the same zoning...
Hi all, Looking at dong another deal in Toowoomba. Link the property is here: 106 Taylor Street, Newtown, Qld 4350 In summary the property is 2...
Nett cashflow is 8.2% (give or take) on cash input after all expenses, and 3.2% on the purchase price p.a.
Hey @Luca I always go P&I on my loans. I understand IO is great for cashflow, but I find my strategy works better in paying off the lowest loan...
Hi @Dan LG, I do something similar where I focus on purchasing properties with a "Nett Cashflow" position after all expenses including loans. I...
Hi All, I've got an investment property that I wanted to throw a flat pack granny flat into (Western Sydney). Although they seem cheap ($25k for...
Thanks for your help Todd - it's greatly appreciated.
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