Tinabell, congratulations on two accounts.
First for getting into the RE market so early in life.
Second for a very balanced response to an undeserved attack. If you are not familiar with the anti-value “rich is bad poor is good”, you had a taste of it, but you handled it well.

My advice is to pay as much as you can into your own home, (non…[Read more]

I agree with Terry, go for some decent but cheaper courtains. In 3 years time you may want to do something different again (3 years is a long time) and your super nice blinds may not even fit in with the reno.
As for the renovation, make sure that reno=more rent, and if at all possible reno=extra bedroom or garage=more rent.[biggrin]

May God…[Read more]

Originally posted by Sonja:
……….Guess this also supports Mini’s point about proffessional/decent PMs.

Agreed.

RE a block of 6 flats, all identical, old PM was always making excuses for having a smorgasboard of rent rates, from 120 to 150, depending on how long the tenenat had been there, and other rather irrelevant trivia like condition…[Read more]

Originally posted by nowork:
I would like to know if anybody has any really different property investing strategies? I have posted a new topic in the “help needed” site called “help me retire”, but as yet I haven’t been totally convinced by some of the replies. I want something that isn’t necessarily the be all end all, but something that I can…[Read more]

Originally posted by Marisa:
Hi All,

This is interesting, and lots of fun, but lets get back to the topic and answer shaztas’s original question……

It was something like “how many of you are considering putting up your rent/s due to the latest rise in interest rates?

The way I personally see it is –
generally suburbs with a limted number of…[Read more]

Good answers everyone.
Now let’s see if we can learn something from this.

What makes us act?

Actions are the consequence of thoughts. Thoughts are caused by our believes. Believes are placed in our minds as a program usually well before age 10.

When we set our conscious mind in action in the understanding that WE are making decisions, it is in…[Read more]

Originally posted by wezwaz:
Why are retirements going to drain the share market? Even in retirement you want your money invested in something other than cash. People don’t just go and cash their Super and park it at the bank.

Explain why there will be a wave of selling.

Wes.

Precisely. I cannot see myself selling all my income producing…[Read more]

Tenant leaves and IP vacant for one week = loss of rent until you find a new tenant, if you use a PM add his costs(divide that by $5 and see how many weeks it takes for you to catch up. Heaven forbid you get a “bad” tenant)

That is precisely the rhetoric used by real estate agent. It makes sense in the micro cosmos of the weekly rent arithmetic…[Read more]

The last few post only come to confirm that whoever does not increase the rent because he wants to keep a “good” tenant is making a mistake, particularly if the property is negatively geared.
Price increase = rent increse.
Interest rate increase = rent increase.
You tenants goes because you increase $5 ?
Good! increase another $5 and find a tenant…[Read more]

Originally posted by foundation:
[brYou seem to be ignoring the fact that most rental properties were bought before property prices reached excessive levels. The landlords holding these properties are not under pressure to raise rents as a result of the interest rate rises, and can therefore undercut the over-stretched speculators who bought at…[Read more]

It is the market that determines the rent. Correct.
Yet the market is not composed just by tenants, it is made up by tenants and landlords and properties and many other factors.

It is a simple economic reality that if cost increase rent must increase.
The fact that it does not always follow particularly in places with oversupply is because 90% of…[Read more]

Pyramid schemes are a very interesting way to test people.

Tell someone a perfectly legitimate business and if the business proposal includes recruiting others, the candidate in stead of telling you honestly that he feels inadequate to do so, he will turn and accuse you of running a “Pyramid scheme” possibly ignoring completely what a pyramid…[Read more]

Sorry about the bad link, I fixed it now.

Regarding the difficulties for proper debate, I agree. Mainly we have been indoctrinated in believeing that the addict of any substance, has a choice each time and that the person has his free will intact and therefore is responsible for his condition and the perpetuation of the problem.

The reality is…[Read more]

Over the counter drugs, the end of black market.

The above is not a hypothesis but reality in Denmark where heroin addicts can purchase for a modest sum heroin filled cigarets, hand made by the local chemist and purchased with a prescription from your GP who recognises drug addiction like the illness it is, and not as a crime.
And that is the…[Read more]

Spanky, in the realm of predicting the future, (this is what everyone is trying to do here) I can only tell you that it is very difficult if you don’t have a magic crystal ball.

The alternative to the crystal ball is listening to what others have to say, or … making your own [magic] predictions.

Usually people who strike it big are the one…[Read more]

Originally posted by byronent:
Marc,

Can I ask who you think you are?

I will post what I like when I like and say what I want.

YOu can cut and post and paste and eat what I write.

AS for no PM’s, what is that about? You above the world? You don’t read them?

Give me a number so I can tell you personally, better still, where can we meet, I…[Read more]

Wayne

Nemo surdior est quam is qui non audiet.

May God prosper you always.[biggrin]
Marc

As others have pointed out, any “scheem” that has as main purpose save tax will be disallowed by the tax man, now or any time in the future as it has already happened numerous times.
A ruling a few years old like the promoters will show you, means absolutley nothing.

May God prosper you always.[biggrin]
Marc

Originally posted by wayneL:

Quote:
What happened to your “spend spend spend” law of preposterousness.

Wayne, I see that you have chosen ridicule over interest or even logic, a sure sign of stale thoughts production.

It’s your choice I am certainly not here to drum up support for anyone rather to share my modest knowledge in personal…[Read more]

Advertising is a fascinating subject.
It is our way to communicate, “here I am”, it is he interaction between normal individuals in a functional society.

Since we all advertise in one way or another be it by one page in the SMH, two lines in the local paper or sucking the abdomen in and keeping the chin high at the beach, I don’t see the reason…[Read more]