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Hi All, We aquired a Duplex property in August 2014 with a potential for a 3rd freestanding dwelling in the battleaxe. We have commenced with preliminary design and are looking to go ahead with survey etc. We have been advised that we should check with our accountant if it is better to...

Hi All, With our first 2 IP's now in our portfolio, we are already looking at adding to it as early next year with a house with a potential to subdivide. Our strategy is generally to buy properties that can be value-added through minor renovations with a block that can be subdivided or...

Hi all Just had a quick question about the subdivsion process, specifically in Perth if that makes a difference. We have recently engaged a surveyor for a subdivision of a property. The surveyor carried out the survey as well as organising the application to the WAPC and request from the...

Hi All Any Perth meetings scheduled any time soon. Would be great to meet others who share our enthusiasm for property.

Hi All, Finally purchased our First IP in Carlisle thanks to Kent Cliffe @ Momentum Wealth. Duplex pair situated in Carlisle on a 895sqm block with potential to build on the back. Secured at Auction! Settlement is on the 12th Aug and hoping to renovate it and give it a facelift quickly and...

Hi All, My wife and i have no subdivision experience but we are about to embark on our first subdivision (i can hear the scream!). We are actually assisting my mother subdivide her property in Riverton in order to then sell the existing house, build on the rear battleaxe lot. The ultimate...

Hi all I just want to get the perspective on you experienced investors. I just came back from inspecting a single bedroom apartment right in the city http://www.realestate.com.au/property-apartment-wa-perth-116010415 Cost is $263k Short term stay only (3 months max) or owner can...

Hi All, I was hoping some of you experienced and knowledgeable good people of somersoft can help steer my wife and I into the right direction as we embark on the purchase of our first IP with more to follow in the future. Appreciate any who have the patience to read ahead and give us some...

Hi, Can anyone please point me in which direction to look for our first IP. It seems as though demand is increasing in Perth and we really want to aquire our first IP without prices going up too much more than where they currently are. Our budget is no more than aroudn 600k, ideally to...