Australian Politics Forum - Homes That Need Upwards Of $100,000 For Repairs.

John Smith

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Re: Homes That Need Upwards Of $100,000 For Repairs.
Reply #45 - Feb 25^th, 2013 at 11:01pm

Frances wrote on Feb 25^th, 2013 at 10:54pm:

The one we liked needed totally rewired, new kitchen, new bathroom, new laundry (admittedly not expensive compared to the kitchen and bathroom), new floorcoverings and from the condition of the house I would guess the plumbing might need a bit of attention - and I wouldn't want to park a car in the garage without replacing the roof and doors (of the garage that is, not the car). The house needed repainted throughout and the garden was overgrown, but those are things we could do ourselves. The auction is a bit off yet, but the agent said he thought it would go for something in the low to mid 900s, and that seems a reasonable guess.

those things will be reflected in the price (although I'm not a fan of buying at Auction ... auctions are designed to drag emotion into a decision that should be made soley by using the brain, not the heart)

if you do buy at auction set your limit and hold to it, no matter what. It should be treated in a strictly business manner, if you miss out, so be it, try again next week ... if you get it, then you can let the emotions go crazy ... good luck with it

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Sir lastnail

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Re: Homes That Need Upwards Of $100,000 For Repairs.
Reply #46 - Feb 25^th, 2013 at 11:02pm

John Smith wrote on Feb 25^th, 2013 at 7:41pm:

Lavy_123 wrote on Feb 25^th, 2013 at 4:00pm:

I thing there is not a big issue to but the homes that are required $100k to renovate this.If you have enough experience to make repair to make the homes good and well conditioned so it would be so helpful and will make you the better profit of it.

and if you don't think you able to make good the repairs don't buy it .

lastnail just wants to make it a big issue because he likes to rent.

no I prefer to invest in high technology but then you wouldn't know about high technology and running a business would you Wink

and as for your property ponzi scam I can give you an update on it's progress Grin

check it out for yourself. The debt never goes down Grin

http://www.australiandebtclock.com.au/

Good eh Wink

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John Smith

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Re: Homes That Need Upwards Of $100,000 For Repairs.
Reply #47 - Feb 25^th, 2013 at 11:06pm

Sir lastnail wrote on Feb 25^th, 2013 at 11:02pm:

John Smith wrote on Feb 25^th, 2013 at 7:41pm:

Lavy_123 wrote on Feb 25^th, 2013 at 4:00pm:

I thing there is not a big issue to but the homes that are required $100k to renovate this.If you have enough experience to make repair to make the homes good and well conditioned so it would be so helpful and will make you the better profit of it.

and if you don't think you able to make good the repairs don't buy it .

lastnail just wants to make it a big issue because he likes to rent.

no I like to invest in high technology and use this dump as my office Wink

and as for you property ponzi scam I can give you an update on it's progress Wink

like I've said before, you keep putting that up like it's supposed to mean something ... It doesn't . Nothing wrong with debt if it's used properly

Sir lastnail wrote on Feb 25^th, 2013 at 11:02pm:

no I like to invest in high technology and use this dump as my office

you'd better hope their is a spare power point near your local park bench .... you'll need somewhere to plug that technology when you're homeless

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Our esteemed leader:
I hope that bitch who was running their brothels for them gets raped with a cactus.

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Sir lastnail

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Re: Homes That Need Upwards Of $100,000 For Repairs.
Reply #48 - Feb 25^th, 2013 at 11:09pm

John Smith wrote on Feb 25^th, 2013 at 11:06pm:

Sir lastnail wrote on Feb 25^th, 2013 at 11:02pm:

John Smith wrote on Feb 25^th, 2013 at 7:41pm:

Lavy_123 wrote on Feb 25^th, 2013 at 4:00pm:

I thing there is not a big issue to but the homes that are required $100k to renovate this.If you have enough experience to make repair to make the homes good and well conditioned so it would be so helpful and will make you the better profit of it.

and if you don't think you able to make good the repairs don't buy it .

lastnail just wants to make it a big issue because he likes to rent.

no I like to invest in high technology and use this dump as my office Wink

and as for you property ponzi scam I can give you an update on it's progress Wink

like I've said before, you keep putting that up like it's supposed to mean something ... It doesn't . Nothing wrong with debt if it's used properly

Sir lastnail wrote on Feb 25^th, 2013 at 11:02pm:

no I like to invest in high technology and use this dump as my office

you'd better hope their is a spare power point near your local park bench .... you'll need somewhere to plug that technology when you're homeless

So what happened in Ireland Spain and the US ? They used debt properly didn't they ? How come they can't get themselves out of their economic mess by buying and selling property ? How come John ?

And I'll be right but I can see a few generations to come having their homes repossessed and being kicked out on the street. Who's paying off the 1.3 trillion housing credit card debt ? So much for creating real wealth by owning a property Sad

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John Smith

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Re: Homes That Need Upwards Of $100,000 For Repairs.
Reply #49 - Feb 25^th, 2013 at 11:14pm

Sir lastnail wrote on Feb 25^th, 2013 at 11:09pm:

I'll be right but I can see a few generations to come having their homes repossessed and being kicked out on the street. So much for creating real wealth by owning a property

homes are only repossessed if you've made a stupid decision somewhere down the track ...... when you buy a business do you consider only the best figures, or do you consider worst case scenario as well? buying investment property is buying a business.. ... if you aren't prepared for worst case scenario you are asking to get repossessed. It's not the fault of the property market .. it's the idiot who thought he was invincible

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John Smith

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Re: Homes That Need Upwards Of $100,000 For Repairs.
Reply #50 - Feb 25^th, 2013 at 11:17pm