Forum Replies Created

Viewing 20 posts - 1 through 20 (of 30 total)
1 2
  • Profile photo of Clay AClay A
    Participant
    @clay-a
    Join Date: 2005
    Post Count: 33
    May 16, 2005 - 9:55 pm

    I have always found westpac pretty expensive. You can definitly save money by moving the house and contents to someone else.

    Clay

    Profile photo of Clay AClay A
    Participant
    @clay-a
    Join Date: 2005
    Post Count: 33
    May 14, 2005 - 11:30 pm

    Hi Hotrod

    I have a similar number of properties to you and read books etc. I also went to the masterclass in Brisbane and it was not your typical “raa raa” sesion.

    A couple of points I picked up on from the class were well and truly worth the the ticket price.

    There is always room to learn someting new.

    Clay

    Profile photo of Clay AClay A
    Participant
    @clay-a
    Join Date: 2005
    Post Count: 33
    May 13, 2005 - 8:30 am

    Which area are you in?

    Profile photo of Clay AClay A
    Participant
    @clay-a
    Join Date: 2005
    Post Count: 33
    May 13, 2005 - 5:24 am

    Hi Carlin

    I would be doing my own due diligence no matter what you think the other investor has done. Maybe the other investor has uncovered something since they submitted the offer and is only making can’t finance noises to get out of the deal.

    Clay

    Profile photo of Clay AClay A
    Participant
    @clay-a
    Join Date: 2005
    Post Count: 33
    May 13, 2005 - 2:49 am

    Good call I would think.

    Clay

    Profile photo of Clay AClay A
    Participant
    @clay-a
    Join Date: 2005
    Post Count: 33
    May 12, 2005 - 9:45 am

    Hi Dang

    I’m no mentor, but happy help you if I can.

    I’ve been investing for 3.5 years and curerently have 6 IP’s all +ve geared.

    Where are you looking and what do you want to achieve?

    Clay

    Profile photo of Clay AClay A
    Participant
    @clay-a
    Join Date: 2005
    Post Count: 33
    May 12, 2005 - 8:27 am

    Hi Paul

    If you have the equity I would not hesitate.

    Clay

    Profile photo of Clay AClay A
    Participant
    @clay-a
    Join Date: 2005
    Post Count: 33
    May 12, 2005 - 7:56 am

    Hi Jewel

    What happened to the mother inlaw deal, will she let you secure against her house?

    Profile photo of Clay AClay A
    Participant
    @clay-a
    Join Date: 2005
    Post Count: 33
    May 12, 2005 - 7:31 am

    I personally don’t know the Kalgoorlie area, however, I have always found it easier to find tennants at either the end of the year (Dec-Jan)or the middle of the year (June-July), so maybe things will change soon.

    I would be finding out why prospects where choosing other houses over yours. It could be something easily fixed like putting up a fence, carport, a bit of landscaping or maybe changing the colour of the front.

    Is it an area where there is high rental demand? Have you done research on the rental market in the area?

    I think if you ask the right questions of the right people in Kalgoorlie, you will most likely find your answer.

    Good luck
    Clay

    Profile photo of Clay AClay A
    Participant
    @clay-a
    Join Date: 2005
    Post Count: 33
    May 12, 2005 - 5:34 am

    Jewel

    The rate are about $100.00 per quarter less than Brisbane. No doubt there will be an increase as I recently recieved the new Natural Resources valuation and the land value has increased by 345%. If that doesn’t signal a rate increase, I don’t know what would, but I am pretty sure there are guidline the councils have to follow so the increases are in small amounts. Well I hope!

    Clay

    Profile photo of Clay AClay A
    Participant
    @clay-a
    Join Date: 2005
    Post Count: 33
    May 12, 2005 - 5:23 am

    Thanks Richard

    I will give them a call.

    Clay

    Profile photo of Clay AClay A
    Participant
    @clay-a
    Join Date: 2005
    Post Count: 33
    May 12, 2005 - 5:20 am

    Thanks for the sugestions, any chance of some contact details?

    Jewel, my Ipswich properties are great. I have had them for a couple of years now so I have had some fantastic capital growth. The tennants have been great, one fellow has been in the house for 14 years this year.

    I chose to buy in Bundamba because of its proximity to services and Brisbane, all in all very worthwhile.

    Clay

    Profile photo of Clay AClay A
    Participant
    @clay-a
    Join Date: 2005
    Post Count: 33
    May 11, 2005 - 11:15 am

    Hi Richard

    Both in Burbong street.

    Profile photo of Clay AClay A
    Participant
    @clay-a
    Join Date: 2005
    Post Count: 33
    May 11, 2005 - 10:04 am

    Thanks Battleships and Tigerlilly for the feeback.

    Battleships, your idea of swaping reno time for rent is great, have that happening now in one in Ipswich. This one however needs to hit the ground running.

    Tigerlilly, the link you sent looks good so far. If they can throw them up for what you suggest it should work.

    Thanks all

    Profile photo of Clay AClay A
    Participant
    @clay-a
    Join Date: 2005
    Post Count: 33
    May 11, 2005 - 9:17 am

    Tip- Look for properties with multiple income streams, lots look past them as too hard.

    Profile photo of Clay AClay A
    Participant
    @clay-a
    Join Date: 2005
    Post Count: 33
    May 11, 2005 - 9:05 am

    Hi again

    I have seen the steamers for rent in wallpaper shops in the past. Maybe I’m showing my age, are there still wallpaper shops??

    Clay

    Profile photo of Clay AClay A
    Participant
    @clay-a
    Join Date: 2005
    Post Count: 33
    May 11, 2005 - 8:58 am

    Hi Jessica

    The steamer suggestion is the wat to go.

    Wallpaper has a water based glue so to disolve it quickly you need something hot and wet. You can not use a heat gun on it because it just burns the paper and will not moisten the glue.

    Petrolium based solvents will not work on a water based glue and will make it very dificult to paint a water based paint over if you try it.

    Wallpaper sucks.

    Good luck

    Clay

    Profile photo of Clay AClay A
    Participant
    @clay-a
    Join Date: 2005
    Post Count: 33
    May 11, 2005 - 8:33 am

    Hi Snapper
    I have a software program for a couple of years called PIA that calculates it for you, they update the scales as they change. I have found it a good tool. You can check it out on www.somersoft.com.au
    Clay

    Profile photo of Clay AClay A
    Participant
    @clay-a
    Join Date: 2005
    Post Count: 33
    May 10, 2005 - 8:31 am

    Thanks Morty

    I apppreciate your feedback. I guess I agree with you but I am trying to avoid the elbow grease as I am spread a little thin at the moment. As I typing this I can hear Steve McKnight saying on Saturday ” Are you in the business of investing?”. Bugger! Don’t you hate that?

    Getting there Steve, getting there.

    Thanks again

    Clay

    Profile photo of Clay AClay A
    Participant
    @clay-a
    Join Date: 2005
    Post Count: 33
    May 10, 2005 - 8:23 am

    Hi Greg

    Here here!

    Who cares about doom and gloom, Life is what you make of it.

    Clay

Viewing 20 posts - 1 through 20 (of 30 total)
1 2