Plan: To own properties

Purpose: To have an income to retire on

Passion: For sure. Don’t want to ever have
to survive on the old age pension.

One property, a four unit site, is owned outright. Next, exisiting 4X2 we are currently subdividing with the view of building on the new block and will then hold both as rentals. Next is a small buy…[Read more]

I have received information from a very reliable big time investor that there is proposed flightpaths over Midland and Forrestfield. The plans for the new runways have been approved even though it is some time yet before they will eventuate. Midland is showing some very good progress just now but I would only buy on short term.There is still…[Read more]

I find very little time to come to the boards but today I have time aplenty only to have many posts ruined by Bec and her sour outlook on EVERYTHING. Can she not get a life or keep her mouth shut unless she can say something nice.[jerry]indeed, right up her alley

If I knew then what I know now……….you know how it goes

This received this morning from Housing Industry Association,
The ALP’s new leader, Mark Latham, has released its new (and still fairly sketchy) industrial relations platform. The platform contains a number of measures which would disadvantage the housing industry, including –
Rejection of all building industry reforms;
Extending the powers of…[Read more]

Research well. My youngest has just had to pay rent for over three months in Bunbury as the Agent could not find someone to take over his lease. Luckily his firm, who transferred him back to the big smoke, is picking up half his costs. He was living in a quite presentable 3 X 1 in Goldsmith Street.

If I knew then what I know now……….you…[Read more]

Derek,
Whilst ideally there should be no gardens directly on the exterior walls of any house, it can be advantageous to have reticulation to regulate the moisture content of clay soils. Walls crack when the soil is dry and then drenched causing expansion and can occur with normal climatic changes. This does of course then raise the problem of…[Read more]

Wish I could afford to purchase in Freo but it would be way neg geared.[thumbsdownanim Good luck it’s a great State.

If I knew then what I know now……….you know how it goes

Once cracks are remedied, either make sure that no drains, gardens etc are near the building or have reticulation going year round to keep the soil moisture content even. We have done heaps of this type of repair work through our business.

If I knew then what I know now……….you know how it goes

I have been using AVG since my previous software missed a virus a few years back. My ISP provides a scanning service but this past two weeks has missed several infected e.mails, all of which have been caught by AVG. It really is a terrific free program.[^]

If I knew then what I know now……….you know how it goes

Redwing, It was on…Channel 7…6.30 program (the one after the news .) Sorry you missed it as it was terrific to see not only Steve and some of the MAPers but to see a program that was not hellbent on ripping shreds off anyone who was having a go and succeeding.

If I knew then what I know now……….you know how it goes

This happened 2e years ago and was the only time we have ever used a Property Manager. Happened to be driving past our 34 sq luxury less than a year old house and noticed the tenants were moving out. Also knew they were behind in the rent so called the Agent who said he would fix it. Of course he did nothing, rent remained unpaid and tenants…[Read more]

I can hear my heart thumping but not my brain ticking[][:X]

If I knew then what I know now……….you know how it goes

And a hearty welcome back from me too Bill. As to why he has come back, I can guess that he was very very hurt by a lot of what went on but has been reading the boards and knows that things are now a lot nicer and those that were hurtful have either vanished or the hurt has diminished to a level that Bill feels comfortable with sharing his…[Read more]

Theoretically Agent’s should not disclose personal information but we know how stupid so many of them are don’t we. I once had a Commerical Agent try to sell me a private house. He had acted for the vendor in a commercial deal and was given the house to sell by a happy client. As the house was untidy, the embarassed Agent told me the vendor…[Read more]

A restaurant would be fantastic but Collie is more a meat pie at the pub kind of town. There are already halls for all events needed so you would probably be looking at someone who wanted it as a home. The costs of the reno could be kept to a reasonable level if it was kept open plan. You would need to get rid of one of the toilets and…[Read more]

These days there are implications with insurance as well as the requirement to have a licence for the building works. If a property is sold while building works are not completed, a new licence (possibly an owner builder licence) is required prior to any further works being undertaken.

If I knew then what I know now……….you know how it goes

I’m not sure Gunners but I think she will need to declare that she has disposed of property and the value in her tax return. A phone call to the Taxation Department will give you an answer. If she was on a pension she would most certainly have had to declare the gift. Please keep the thread going as I for one am interested to know how you get…[Read more]

If you can afford it comfortably Luke, the beach will be better long term. When you turn 33 you don’t want to say “if only I bought that beachside property 10 years ago”. The cheaper areas do have some positives and are not too negatively geared but you just need to look at beachside prices in the eastern states to see what you may get here in…[Read more]

We’ve been so busy lately that all we can manage for recreation is a ride to Freo for an ice cream. []
For several months each year we usually find we have a garden somewhere that needs to be put right and even though it is improving a purchase we still manage to get some enjoyment out of it.

If I knew then what I know now……….you know how it goes

Good advice from Redwing and Peter. Nothing wrong with fibro houses but do check your area very carefully for industry and employment prospects.

If I knew then what I know now……….you know how it goes