Thanks Richard. Its with a solicitor and I am not sure if that is secure enough.

I think it may be wise to hold off buying.  But do your research.  Buy a copy of the sales in the area you are looking at to see what the trends have been in the past and up until the last three months.  Residex also has good information on predictions you can purchase as well.  Even though you won't know for sure what is going to happen you may…[Read more]

My tenant paid a month in advance from the start as that was how the agent does things as a rule.  The tenant was PERFECT though and had a very reliable history elsewhere (she thinks we are the best landlords she ever had too ).  Previous tenants also paid monthly and were on time but only stayed for the 6 month lease period.

Your local council should be able to assist with information but you need proof in writing to protect yourself.  I think the zoning usually stipulates what development can occur on a block of land.

I have been reducing our debt level over the past year.  Also sold an investment property but not just because of the world affairs but because I wanted to take a break from full time work and then only work about 3 days a week.  Have been trying to cut back on spending on frivolous consumer goods as well and Christmas won't be a biggy.  I know we…[Read more]

@ hbbehrendorff  I can't give any evidence but my gut feeling is either a flattening or a correction if things go pear shaped world wise.  I think the Australian economy is going well although not perfect.  Pessimism is counter productive to most endeavours but it is wise to keep a critical eye on what is happening around us.  The stock market rol…[Read more]

sapphire101 wrote:
Anyway, I now have found tradesmen that do the job for the right costs and this is at properties hundreds of kms from where I live. They are out there and a good handyman can do everything bar the elect and plumbing for $30per hr. including changing a light bulb.

$30 an hour  means that handyman is getting ripped off if he…[Read more]

Oh, and the plumber was ok. One slightly crooked pipe but nothing to complain about.

Rich Sparky wrote:
Ohhhhh… Sorry forgot to tell you the best part! I'm only 25! Most of my mates are still in uni & where bagging me leaving school at 15 to start my apprenticeship.. Now I have properties & drive a porsche which they are still living at home… I have just got my builders license & am in the process of setting up my next…[Read more]

Oopsy, the block of land was sold in 1970 not 1990.

ummester wrote:

bardon wrote:
I used to think this way but what I have found is that when it comes to property, time in the market is far more rewarding than timing the market. In 25 years time the theoretical 5% that you may think that you have saved ( and it is a theoretical number and doesn't include the rent you are paying whilst you find…[Read more]

Hi TerryHow come you asked these questions?- which state will you buy in?- are you at risk of litigationThanks.

How long did the process take and what did you need to do to present a good case?  The thought of going through the court is not one we would like to do for financial reasons but this neighbour has a reputation for be a tight wad and the problems will get worse with the trees.  We can't understand why they are evading the proper solution when t…[Read more]

Unfortunately there is a huge variability in the quality and timeliness of service provided by brokers.  Never, ever trust everything they say. Check and double check with the lender and your solicitor and never trust the broker will do things in time.  Well… unless there is a history of reliability and great service. There are brokers and t…[Read more]

Great bargain hunting KY. Can't beat that.

Nice work Adrien!  I would never have thought of topping a black fence with timber.  I think I will have to see how much of a nuisance the rabbits are first.  I have this strong reaction than any rabbit not in a cage or the on the stove is a bad rabbit.  Cute lil guys but oh so destructive.  Might have to try and terrorise it/them with the dog…[Read more]

You did a great job Nicklee88.