I had a great laugh from some of these comments. Thanks heaps

All of my properties are in larger regional towns (Vic and NSW). I have one loser because of lack of due diligence. All of the others have done better than I expected.

I had friends who said “Why are you buying there? You’re better of investing in the major cities ete etc”. They have since bought in some of the same areas because of the…[Read more]

Hi UG,

John Donjerkovic of Catherwood is one of Steve’s MAPers and is South Australian based. He spoke at Steve’s most recent workshop in Melbourne re the NZ properties.

Anne

Hi Ronulas,

Good for you – for buying AND keeping the 30,000 plus potential competitors at bay! If the units are strata titled it also sounds like five properties to me. Your enthusiasm is inspiring.

Anne.

LuckyPhil,

That is exactly how my 70 year old mother mows her lawns. Not quite what you were thinking of I’m sure.

Cheers,

Anne

Hi Robbo,

It might be worth comparing the rent currently being paid to market value. It might be reasonable and possible to put the rent up a few dollars to $102 per week (51,000*2/1000) and you’re there.

For me having properties all over the place is part of the adventure. If you want to go you can and explore along the way.

Cheers,

Anne.

Thanks Soleil.

Three guesses who are currently managing my properties?

Cheers,

Anne

Hi Dingo,

I would personally hesitate to install equipment that would need regular maintainance or could break down eg airconditioners, dishwashers unless it was specifically asked for or was necessary in a particular area eg far north Qld. Sometimes the return is not worth the extra maintainance.

Adding a carport if there is no existing garage…[Read more]

Thanks Gavin, for the support. I’ll do that. Cheers, Anne.