Are you kidding me…you want to be wet-nursed by the Owners over some piddly flyscreens ?? C’mon Adam, stand on your own two feet, you don’t need to be held by the Owners hand on this one.

I looked for some xyz legislation where it stated that the Tenant wasn’t allowed to whinge over such minor details, but alas, with residential, there is no…[Read more]

“Play the ball – not the man” gents.

A few of the above comments wiped.

John – Del asked a pretty good question. Do you have any data to back up the numbers you speak of. Of course you are not obliged, but if you feel the need it’d be good to see.

Cheers.

OK gross, I’ll remember that for next time.

You better hope that no-one joins the forum with the name “a” or “the” or “I”….you’ll be hooped. [biggrin]

Umm, we aren’t very brave or clever, so all of ours are within 7km of the Perth CBD.

The intent in the future is for the dragnet to be reigned in severely to be within a few hundred metres of the CBD.

Buying.

Hi avranjes,

You haven’t mentioned why you are looking around the Armadale region, but I reckon for 200K you might be able to pick up one of those little 1 bed units in Mount Street right smack bang in the middle of Perth.

I mention it only in passing and have no clue as to them as an investment.

If you are a “I want some land” type of…[Read more]

Hey McHenry,

I’ve had that conversation with the CBA before regarding that matter.

It all boils down to their squirrelly CBA computer over in head office in Sydney.

The guys running it over there must be smokin’ that left handed tobacco, ‘cos I’ve been charged amounts that exactly correspond to 26 days and/or up to 34 days.

When questioned,…[Read more]

Well done sq…congratulations.

You know, there is a fine line between being a skite, being confident and just telling it like it is.

I don’t think you are skiting off at all, but then I don’t like people who skulk around deliberately hiding their light under a bushel.

Onya. [biggrin]

Yes…all in the Perth metro area despite the bleating that they don’t exist.

We’ve nailed 3 good’ns this year. Looking at 5 +CF IP’s currently (all within 0 to 7 kms of Perth CBD) and should have the 4th and last for the year under contract before year’s out.

All but one of those five meet our prime criteria of the dirt being at least 85% of…[Read more]

PPoR……0%
RIP’s…..64%
IIP’s….104%…and the bank has said whoa back…but that won’t stop me.

It’s probably not relevant to you guys wanting to buy now…but…thought I’d have a rant.

I was born and raised in Geraldton, but left at the age of 6…and haven’t been back since…so my info on Gero is a tad dated but if you’ll allow I can detail for you my parents experiences ;

1970 – Arrived from the farm and immediately bought a 3×1 fibro…[Read more]

1. Only sign up Lessee’s that don’t whinge. There is heaps out there.

2. Instruct the caretaker not to call you, and see how they go spending your money as opposed to calling you and letting you solve the problems every time. This’ll take time to discover if they are better than you or not. I suspect they, having hundreds to caretake, as…[Read more]

No…R U ???

100% of our tenancies pay 100% of their own water bills.

50% of our tenancies pay for everything else as well to do with the property…except the mortgage of course.

I believe a day will come when residential tenants are required to pay all outgoings…it’ll come one day…you just need to ask yourself if you are prepared to wait before they…[Read more]

Hiya 1140,

I can’t speak for anyone else on the forum, but I do not think it would be accurate to assume that +CF investing is impossible or even difficult.

Our group has purchased 3 titles this year, all of which are cashflow positive. We’ve spent a grand total of 9K (mainly on bobcat and truck services) on the 3 titles getting them to a point…[Read more]

With no kids, no wife, 2K cash in my hand and a whole bunch of time I’d choof off to Europe backpacking for 4 or 5 months.

You’re absolutely right Don. I’ve been feeling a bit off colour lately…but I’m sure I’ll get better soon.

No I wouldn’t and no I don’t.

I too have had a really bad run with PM’s over the space of 4 or 5 years trying 6 different ‘highly reputable’ agencies. They are all made from the same cloth.

We now manage our own, and everything is now happy days….both from a management perspective and also receiving 100% of the rent.

We are however, about…[Read more]

I reckon Mr Michael Carmody will very much enjoy his CGT windfall, especially seeing as though he doesn’t have to give Kev his 50% discount.

Good luck to him though. I hope he enjoys his toys.

I wonder who bought at $ 4.70, and whether are going to be left carrying the can ??

Redwing,

It depends very much on your salary I believe.

This quaint old notion they used to have of 1/3rd for repayments, 1/3rd for living consumerables and 1/3rd for tax no longer cuts the mustard. With tax rates coming down over the past few years and wages rising, the last two components have been dropped somewhat.

My Banker allows me up to…[Read more]