Hi there,

Just a quick thanks for the links – both Arnaldo’s and Elvis’s links have been most informative reading…

Thanks guys,

BDM

Dear Kaza4k,

Unless you get an enormously huge offer, the buy and hold concept ( which has several variations ) is a much better long term wealth option.

Buy and hold can mean literally just that – hang onto the property and slowly over time the rents and the value increases, thus enabling you to buy more properties.

Or it can mean “wraps” -…[Read more]

G’day Watto,

Thanks for the link.

I’ve filled in my details, and I’ll see what turns up too….

BDM

Dear Moneytree,

I agree with Hilary – what ever the asking price is, always make a lower offer.

At best the offer will be accepted.

At worst, you will haggle back up to the asking price.

You’ll never know if they’ll accept a lower offer unless you ask !

Thanks,

BDM

Superman,

My instant 2 cents on this impossible to resolve subject is…. units.

I have 1 unit and 1 flat, plus the house I live in all here in Melbourne.

My personal preference is units / flats because I enjoy being involved in the Body Corporate. As a member of the body corp – and preferably “chairman” – I can get the other owners to pay for…[Read more]

G’day Superman,

You could try some or all of the following websites…

http://www.realestate.com.au
http://www.realestateview.com.au
http://www.domain.com.au
http://www.property.com.au

These will certainly get you started. I hope this helps…..

BDM

G’Day,

I have filled in the survey – it took about 6 seconds. At the end of the “survey” there is the standard online question of ” I agree to receive further promotional information….”. Just remove the tick ! Also there is an option of ” I don’t want anything else from the ANZ – just send me a free book “. This is the option I selected…[Read more]

Dear Bruce,

I presume that the rules on agents commisions in WA are similar to those in Melbourne where I am….

Suggestion number one is to ring a few agents and ask. Don’t tell them your address or surname, but ring and ask. In Melbourne the initial offer by the agents is anywhere between 1.5 % and 4 % of sale price, plus advertising…[Read more]