As far as i am aware, when you buy a display home you don’t get any fittings or fixtures included in the price. Not sure if that applys in your area or if it is standard with all building companies.
Ps check that it’s insulated too!

Work smarter, not harder!.

There were heaps at start of year, but market has caught up with rest of country, so +cashflow houses are getting harder to find. Me in Geraldton and looking currently. Oh well, I’m sure something will pop up.

Work smarter, not harder!.

Sorry haven’t replied. I saw REA today, but forgot to ask. Am seeing again tomorrow so will ask then… I will get you an answer…
Steph.

Work smarter, not harder!.

The old saying “A penny saved is a penny earned.”
Seems to have been overlooked here. I’ve recently made myself a still from which i produce my own pure alcohol spirit. Costs me about $7.00 to make a pretty decent bottle of whisky. At a geuss i’d say i’m saving about $30 a week. Might sound like peanuts but $30 x 52 weeks = $1560pa multiply this…[Read more]

For the average person with no experience in building a house, yes pay the money. Just keep your fingers crossed that they actually do their job properly. Personally i’ll never have another one! I am a tradesman and for a start i picked up on more problems with the house we bought than their inspector did. Only to then find out that the t@sser…[Read more]

People like to feel secure. Maybe installing some security like an electronic gate in to the complex could warrant raising rents. At least something like this is only one initial outlay which directly affects all 4 units.
Anyway just an idea.
CYA.

Work smarter, not harder!.

“(and before anyone gets narky….there is no offense or malice intended. The question is raised as a mere point of interest, entering into the debate is by personal choice only. The author hereby accepts no responsibility for relationship break-ups, injuries or loss of any kind.) LOL ”

Ha ha nice one monopoly, i think i should have included the…[Read more]

“Unless you rip your tenants off and keep raising rents, which i don’t think you can do anyway. Or am i completely off the mark here?.”

It seems as though a lot of people have gotten the wrong idea from this sentence. I was not implying that i am or intend to rip my tenants off!. I agree 110% with Steve that your tenants need to be treated…[Read more]

Thanks for all the replies everyone.[cap]

Work smarter, not harder!.

That’s the spirit! Throw another mud ball at them.[satan]

Work smarter, not harder!.

[buz2]Confusedus say “Man invest money on stockmarket, silly silly grasshopper.”
“man who divide 500 000 dolla into 25 equaw deposits, vewy vewy wise.[buz2]

Seriously, think about it, 500000 / 20000 (decent sized deposit for cheaper homes) = 25 potential properties. Lets say around the 120 000 mark in the cheaper areas.
This would mean his net…[Read more]

quote:
I have Property Manager Pro Version 3.14, I can email it (6Mb) if anyone wants it. Also heres a freebie, looks ok.

http://www.otter-software.com.au/Software/PropertyTrackerPages/NEWSBREAKNOWFREE.html

Hi Oz, i’d like to try the software u have on offer.
[email protected]
Cheers.

Work smarter, not harder!.

Heres what u pay in WA.

Land Tax – Rates Effective for the Year 2003/2004
Aggregate taxable unimproved value of the land
Exceeding ($) Not Exceeding ($) Rate
0 50,000 Nil
50, 000 190,000 $75.00 plus 0.15 cent for each $1 in excess of $50,000
190,000 550,000 $285.00 plus 0.45 cent for each $1 in excess of $190,000
550,000 2,000,000 $1,905.00 plus…[Read more]

No wonder your still in school!.[]
I’ve developed my own one second rule ‘if the property is over 100K forget it!’
Easy, maybe i should write a book.

Work smarter, not harder!.

Ps: Try this link sport. http://www.ato.gov.au/individuals/content.asp?doc=/content/29092.htm&pc=001/002/026/004&mnu=4189&mfp=001&st=&cy=1

Work smarter, not harder!.

Thats easy! Don’t sell either of them for a profit. Then you won’t pay any CGT.[^] That wasn’t much help was it?.
I’ve just come back from the UK aswell, god knows how you enjoyed staying over there that long!.
As i understand it, if you have held on to your investments for longer than 12 months you should qualify for the 50% CGT reduction.
Hope…[Read more]

We looked at Collie for a while too. Then decided the town was too reliant on the coal factor. Seems as though the town has reached a saturation point. Everyone has a job and a place to live and i can’t see many new job opportunities coming up. We couldn’t see anything that would inspire many people to pack up and move out there either.
C…[Read more]

http://www.reiwa.com.au
Is a good site for stats in Perth WA. I think they have a seperate site for all states in Aus.
Real estate in western australia.
Real estate in australia
Real estate in ……….etc.

Work smarter, not harder!.

hmmmm, good questions. Well, Cremin and I would probably buy four places with $62500 deposit on each one. That would nearly pay the whole property off and once it is rented, the tenant would be paying the rest off and there most probably would be a lovely big cache of positive cashflow! I would probably fix the interest on 2 of the properties…[Read more]

Nice one PInky…

But does it take you less than 40 minutes to get across town at almost anytime. Peak hour can be a bit difficult sometimes, but it shouldn’t take any more than 40-50 minutes to get to the far reaches of PErth!!

We have great road systems that are easy to figure out (Unilike the brisbane roads…Bloody banana benders…I can…[Read more]