G’day again…

I arrived at my Real Estate Office one Saturday morning. The Property Manager was her usual busy self for a Saturday. I got talking with one of the prospective tenants. I asked her “What can we do to improve our Service”?

She said “I don’t understand why you agents don’t put the address in the paper”. I think I said something…[Read more]

G’day Kay…

Not only have you upset “Sadie”, I think she may have pulled the pin as Moderator. I suggested she gets counselling but she said “no I think Kay’s right”.

Probably won’t see or hear from “Sadie”ever again.
I can call her that, but I don’t think you can.

Not sure what you can do to redeem yourself Kay, if I think of anything I’ll…[Read more]

G’day..

Mini’s yarn reminds me of my similar approach in the Canberra Market. For years I have had access to Historical Data in that Market. It is so easy now to access http://www.alhomes.com.au to get just about anything you want for the past 10 years.

With each Sold Property you get the land values for the past 10 years and any other times it’s ben…[Read more]

G’day you Timid Bunch…

I’ll be the Bunny and go first!

November 1993, four of us attended a “Brainstorming Session” in an office in Canberra. I had the makings of what we all now refer to as ” Mortgage Reduction”. It looked a goer… except .. if you pay all your salary into your mortgage ” How do you live for that First month?

Eventually,…[Read more]

G’day Forextrader…

We give you a hiding whenever we play cricket, our Aussie$ is giving your Pound a hammering, we
give you an extra 20 minutes at Rugby and then you can only just scrape home. Give us a break…

Tell you what you could do…

Sell 17 million BP… Buy 14 million AUD$

Good spread guaranteed.

Cheers

Bill

Bill O’Mara
Real…[Read more]

Hi Benny…

Got your email mate, someone dragged up the old mentoring post and I’ve been swamped again. Not that I mind, will try and email you late tonight or Sunday.

Cheers…. hope you understand

Bill

Bill O’Mara
Real Estate,Mortgages, Option Writing & Forex. billomara@iprimus.com.au

G’day Shanthi…

You’re welcome!

Be in touch..

Bill

Bill O’Mara
Real Estate,Mortgages, Option Writing & Forex. billomara@iprimus.com.au

G’day Sue…

Babies and kids are easy, teenagers are tougher again. Then when they leave home and have kids of their own…………………it continues.

Cheers

Bill
ps. You’re like the guy with the wheelbarrow…. it’s all ahead of you.

Bill O’Mara
Real Estate,Mortgages, Option Writing & Forex. billomara@iprimus.com.au

G’day Scotty…

You may be new to this Forum but you sure picked up on the crap didn’t you?

Got your email and will contact you later.

Hope you got your dough back.

Cheers

Bill

Bill O’Mara
Real Estate,Mortgages, Option Writing & Forex. billomara@iprimus.com.au

Gday Bronwen…

Extra busy with drect Q’s to my email… The sort of questions people are reluctant to post on a Forum.

Also concerning the trouble you lot could be getting yourself into while Im away. I’ll clean up the mess your making when I get back in a few days..

I appreciate your attitude and concern. xxxx

Cheers

Bill

Bill O’Mara
Real…[Read more]

G’day Tools…

I see your from NSW… Not too farfrom the Yass district I hope?

I need good sound advice… Convict built “formerInn” …!846 Convivt built,,, lime morter,,, no cement,,, Help? Please contact me I wish tio restore,,, 55 minutes,from Canberra,, invaluable… thats where ny heart is, Please help/

I intend to live there,,in tent…[Read more]

G’day Phil…

I meant if you are going to sell… better now than after Xmas.

I did not mean that homeowners should start “trading” the market. Even if Canberra does drop 20% the cost of buying and selling won’t justify selling.
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
Kay… I think Mini is refering to $120pw on a cheapie in NZ…[Read more]

G’day C2…

30 years… but out before the BER came in.

Bill

Bill O’Mara
Real Estate,Mortgages, Option Writing & Forex. billomara@iprimus.com.au

G’day All…

The price range..$340-$370 is a shonky practise by agents that increases their chance of listing the Vendors property.

They avoid the one price the Vendor doesn’t want to hear. For example if the Agent thought $325k, and he tells the Vendor he runs the risk on losing the biz to a competitor. Eventually the range is reduced as the…[Read more]

G’day C2…

What’s the time over there?

BER?

Standard settlement time 30 days …usually Auctions. 60-90 days negotiable 45-60 usual.

Cheers

Bill

Bill O’Mara
Real Estate,Mortgages, Option Writing & Forex. billomara@iprimus.com.au

G’day Jet…

The title of this Post is timely and True!

We all like activity and hate sitting on our hands, and waiting. If we don’t we willregret it.

Profit is made, When & Where we purchase.

As for tenants/vacancy… make sure the Agents are not hiding the reality like here in Cowra. In any case, the vacancy rate is only one factor. Very few…[Read more]

G’day Richmond…

You’re Q should have been ….
“Why are you interested in Investing Today”?

Answer: Because after 6 years the crowd must be right, and now I’m convinced I can’t lose in any Real Estate Investment!

Cheers

Bill

Bill O’Mara
Real Estate,Mortgages, Option Writing & Forex. billomara@iprimus.com.au

G’day all…

The Machine Vending Scam…

I once had an agency for Vending Machines…short lived… and here is the industries con…

I had sold about 6 machines to individual investors machines that were well located in Canberra. I mentioned to Sydney Head Office that one of the “Investors” would definetely purchase 10 more macines if the 1st…[Read more]

G’day LuckyPhil…

Just want you to know that I’m pleased ……..”my little girl” Chanelle is in good hands. Are you aware that she rings me up with …….
“Phil didn’t come home last night”?

AND

“I’m sure he wouldn’t eat if I didn’t cook”!

She’s happy there mate…………. Thanks

Don’t tell her I told you………

Your Brother…[Read more]

G’day Phil…

Don’t be so bloody impatient… sit tight and cool it. Real Estate is Long term.
If you own… HOLD

If you’re considering buying ..WAIT

If you’re considering Selling.. NOW

If you’re a Wrapper…………1-3 years ago
If you’re a Wrappee…………1-3 years ago

Cheers

Bill

Bill O’Mara
Real Estate,Mortgages, Option Writing &…[Read more]