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  • Profile photo of beediebeedie
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    @beedie
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    October 6, 2011 - 3:08 am

    Wolfe……

    As promised links below on our latset development 5 aparments and the house . .just hit the market only couple of weeks overdue……

    http://www.realestate.com.au/property-apartment-qld-greenslopes-107993056

    http://www.realestate.com.au/property-house-qld-greenslopes-107993066

    Hows the civil unrest in the suburbs over your development going my freind?

    Profile photo of beediebeedie
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    September 27, 2011 - 10:20 am

    . Is there a reason to avoid a parents responsibility to do anything other then the  utmost to support their children?
    ….. not enough of a pay rise…???

    Profile photo of beediebeedie
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    August 11, 2011 - 5:07 am
    angelinsydney wrote:
    Hi all, I'm not an economist but I look around me, speak to many people struggling with cost of living, etc and I reckon there is no justification for the high interest rate. It has to come down a tad. Intellectuals, over to you… Angel

    Angel, with whats happening in the present economic environment….. thinking you were right my friend….. the intellectuals might have it wrong………lol

    Hope you healing………..

    Profile photo of beediebeedie
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    August 11, 2011 - 4:59 am

    Tyswell Developments
    Damien Gration
    PH – 0426825938

    Talking to them the other day and they are looking for work…….  tell him David Deeb or Michael Nakis refered you..

    From the above posts you have enough contacts now to get going……… wishing you the best of luck………

    Profile photo of beediebeedie
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    August 11, 2011 - 4:35 am

    Ben,

    Sticking to inner city in this climate.. bit more recession proof to so speak….

    By the way noticed Greenslopes was in the "; HOT 100";  hotspots in this months ( August Edition) of Australian Property Investor magaizine.

    Our development will be on the market in Greenslopes on or around the 29th of the month….. hows that for a bit of luck……..lol……

    You can count on your expereince , concentration and instintcs to pull you through most of the time but luck…….. without some luck…….. hmmm…

    Profile photo of beediebeedie
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    August 11, 2011 - 4:16 am

    Relevant to the present times I think with all that is happening around the world and our share markets.

    "Life as we know it can only exist through the blessing of uncertainty; hence the alternative to this uncertain world is a certain world. In such a world.. all life would stop…..Security is also a myth. Yet security is there. We feel its presence. But … we must accept the uncertainty of our positions. Without that uncertainty, there is no world as we know it………"

    Profile photo of beediebeedie
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    August 11, 2011 - 4:13 am

    Have to agree with the statement earlier that this is possibly the beginning of the beginning in regards to the US.

    In my humble opinion explaining the share markets last few days ….. Well if we look at the basic mindsets …all that can be said is ……that an essential characteristic of any intelligent life is that it seeks to protect itself and its wellbeing whilst also rationalising that greed is healthy.

    Greed is good…… You can still feel greedy and feel good about yourself….  Slap it in the mixing bowl and there you have it………lol…..

    Profile photo of beediebeedie
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    August 6, 2011 - 8:57 am

    Ben, that is my understanding also …

    Example :- We are a  couple of weeks away from completion  of a new build apartment block with a substantial renovated  old qlder on the front.

    My understanding all the apartments and the Queenslander  attract the grant including the qlder if we sell  any under $600k.

    You need to drill down with the grant people to clarify their definition of "Substantially" in your circumstances.

    Profile photo of beediebeedie
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    July 23, 2011 - 11:25 pm

    Wolfe…..

    Love your passion and hear your excitement………….Mind you civil unrest in the suburbs over your development……man that is putting it out there…………..lol

    Will have our latest development finished and on the market next 5 weeks……….. Best product in the worst market so to speak…..lol

    Will post some links when I get around to it for you to have a squeeze….

    Cheers my friend and may the force be with with us……..

    Profile photo of beediebeedie
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    July 23, 2011 - 9:31 pm

    Seems like you looking mostly inner suburbs and my experience suggests most of the inner suburbs have a portion of LMR and hold solid investment opportunities.  Suggest you contact council as they probably have city wide maps or the like highlighting zonings if you want to be broad in your approach.

    Having said that it would also depend on your timing in regard to when you may be actually developing, personally we turn a project over within 24 months of purchase hence set a criteria of suburb location based on our imminent shorter term projection of the area. (markets within markets). Scarcity factor……hopefully you aren’t competing with oversupply of new product on the market  within an area when you get your finished product on the market. We have a project about to hit the market in Greenslopes end of next month and believe the closest competition we have is Woolloongabba for example.

    Suburbs like Moorooka, the Morningside/Bulimba area Chermside have had a lot of activity and I know personally from our last project last year In Moorooka a glut of product was available. (that was fun).

    Hope that helps you a tad and good luck with your aspirations

    Profile photo of beediebeedie
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    July 19, 2011 - 6:22 am

    We now just over 6 months into it….. ( the year that is) …..

    Whats everyones progress report to date??

    Hope we all having a win along the way and not lost our way????

    Profile photo of beediebeedie
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    July 19, 2011 - 3:50 am

    If its a investment property it makes no difference . So assume you buying as a PPOR……????

    Thread on this below

    https://www.propertyinvesting.com/forums/property-investing/general-property/4337074

    Profile photo of beediebeedie
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    July 17, 2011 - 11:56 pm

    Where’s this thread going???

    The big B, and let’s not forget Tom, Dick and Harry. Maybe next barbie you attend, they may all be there and you can have some discussion and get their 2 bobs worth……….

    As Catalyst said, talk to your local council in the first instance and work out if it’s possible to start of with ( 600sqm sounds a bit small to me)

    Profile photo of beediebeedie
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    July 14, 2011 - 7:30 am
    Andrew_A wrote:
    Intrigue,

    It does seem strange, however it is true. Once you work with a situation long enough you begin to view it as normal and are not surprised any more. Generally the industry is heavily geared towards the new hunt new kill mindset and there are very few farmers out there nurturing longer term relationships where long term is more than a few days or weeks :)

    Hit the nail on the head…….

    Generalizing  dont give the average real estate agent too much credit……. from a sales career persepective I rank them one above the car saleperson…… lol

    Profile photo of beediebeedie
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    July 14, 2011 - 7:23 am
    Andrew_A wrote:
    locations in this 5-6k from the CBD range and very run down condition would be good targets. Idea being you cosmetically renovate to add value and yield,

    Have to agree with Andrew. … Sticking in that 5 km radius.

    Im doing a development within the Greenslopes – Coorparoo area and nothing wrong with your choice of suburbs especially with the new busway corridor under construction and Stones Corner inevitably getting a well-deserved face lift one would hope rippling from the activity in Woolloongabba which raises the question on how long you propose to hold the property.

    Profile photo of beediebeedie
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    June 21, 2011 - 3:56 am

    Put it out to tender……….ensuring you have your specs in a written format……..so you are comparing apples for apples.

    No one is going to take you serious if they get an impression you just after a freebie and are just  general .

    …….

    Profile photo of beediebeedie
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    June 20, 2011 - 2:02 am

    Ishyy

     A key to self –management and ones ideologies is the capacity for self –observation. It is imperative to realize that self-observation is not the same as over criticism or judgmentalism. It is rather a consistent monitoring of one self from a perspective significantly detached to allow for accurate evaluation.

    Ps… Stay off the painkillers……..

    Profile photo of beediebeedie
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    June 20, 2011 - 1:19 am

    Approaching forty, I had an extraordinary daydream in which I almost grasped the gist and understood the nature of what it is that wastes in those wasted times.

    Don't be fooled ….. When you have/ need to make a choice and don't make it, that is in itself a choice and that falls squarely on ones shoulders.

    Profile photo of beediebeedie
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    June 17, 2011 - 8:36 pm

    Much of our world is gripped with a sense of fear and insecurity—fear of losing jobs, homes, or our future. In such a state of insecurity and vulnerability, it is easy to see why people might resign to being in survival mode and looking out only for themselves, at home, at work or in the community. In this environment people tend to respond by being more and more independent. The mindset becomes: “I’m going to focus on ‘me and mine.’

    Certainly, independence is vital; however, the problem is that we live in an interdependent reality. Our most important work, the problems we hope to solve or the opportunities we hope to realize require working and collaborating with other people in a high-trust, synergistic way—whether at home or at work. Having an interdependent mindset, skills and tools are vital, especially now as we work through challenges unlike anything most of us have ever seen in our life time. Stephen Covey

    From Independence and Interdependence to the Pluralism of Property

    http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1602017

    Get your head around that.. cheers

    Profile photo of beediebeedie
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    June 16, 2011 - 5:41 am

    I started putting aside 1 to 2 hours every day (before bed) researching, number crunching etc. .

    As things progressed I still will put in a couple of hours every second night but believe the biggest change has been in my mindset towards my investing.

    I now view it as a business. My business partner and I have made Saturdays a work day for our property business.

    So I work 6 days a week …..with clear goals and timeframes.

    Mind you young kids is definitely a 7 day full time job, but that’s were your partner comes in???

    Richard read your story.. …….Perfect my friend and well done…….

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