west Oz is the worst for charges. Not only did they think deregulation was a sign to put up pricing….DOH!!! but they cant even make a mid month payment happen on time, if at all. They all use the excuse that their accounting package wont allow for it.(of course not, Dos is so inflexible) and the quibble about doing it manually. Then the high…[Read more]

Buy before you die, that bus is around the corner. Just kidding, Ipswich is still a good long term investment if you look at infrastructure developement Kay and long term density planning. Logan as well is great as the first ever 13 storey building is to be built there soon. (SHHHH its a secret).
Good luck in choosing the right areas to…[Read more]

PLA Management in Edgecliffe does all my stuff and they are excellent. Peter or Maria. I think its plamanagement.com.au good luck.

DD

Don’t sweat the small stuff,and it’s all small stuff!!

OK “Port”, as it is called by the locals, is God’s waiting room. This means retirees waiting to die. As the population ages what this means is that the right climate near to the coast will attract more and more people wanting their “sea change”.

Add to this the settlement point major developement of residential blocks on reclaimed swamp and you…[Read more]

ok, whats rent, whats selling price, whats rates, what maintainance needs doing, what are management fees thru agent there??

Answer these to me in a PM and ILL see what I can do to help. Yes I’m a spotter but have several buyers ready to go on the “right” investments.

Good Luck

DD

Don’t sweat the small stuff,and it’s all small stuff!!

Goodna – new olympic pool, new 50 place retirement village, doubling of main road goodna/redbank plains. All good things. Rentals are ok there but tenants a bit choosey at the moment so good luck.

Booval is better as it has the big shopping centre and great schools too.

Over in Woodridge just nirth of Logan Central I know of a townhouse for sale…[Read more]

Hoges Handy Supplies 7 Agnes Street Bundamba 07 3816 0566 Kitchens Vanities etc.

gee im good to you guys.

The daughter of the original owner runs it now but they do ex demo kitchens reasonably priced so go go go get em.

DD

Don’t sweat the small stuff,and it’s all small stuff!!

Great news guys the Wealth creator magazine has monthly meetings in brizzy one month, gold coast the next for the networking and “lets get inspired” group amongst us. They meet on a saturday morning once a month with a millionaire speaker each month.

not sure of the web but they are a cool group. I have just moved to Coffs and am not looking…[Read more]

run run run for distant shores to invest as there are no bargains here……..RUBBISH!!!!!

Ok so they are a bit harder to find but yes the banks here lend on them, yes you do get good capital growth, sustainable due to infrastructure, and if you must go overseas….tassie isnt to bad either.

($80k/$130rent) available now.

DD

Don’t sweat the…[Read more]

I got $25/week rent increase for an air conditioner in qld and they loved me.

Another one was I was getting a tenant out to reno as I had bought a place recently and she pleaded with me to keep her there. I explained I needed to reno anbd she said ok to a $45/wk rent increase if I fixed the TV antenna and replaced a damaged vertical blind in the…[Read more]

OK if you buy in your own name you lodge an NZ income tax. Pay the tax (s0b sob)and then declare your NZ tax return on your Aussie tax. Thus claiming back the equivalent of the tax paid there. This means no double taxation as an investor.

Also why not just have all funds remain in NZ to buy more anyway. Have a credit card from the offset account…[Read more]

Im with Melbear, decisions should only be yours but at least its informed after a few chats in here.
Positive cashflow units in Launceston now available. $80k to buy means $16k deposit and $5k for legals/stamp duty. $21k equity to pull $130/wk back out could actually get you equity while your house is being built. With minimal interuption to your…[Read more]

Liverpool, once a happy family area is being turned into a lowerclass area with too many townhouses/units in close proximity to each other. Yes its time to move, but have you thought you may be better off trying to get into a nice property on the coast like Port Macquarie or Coffs Harbour. There have justbeen released 40 good sized building blocks…[Read more]

Dhen and others, air conditioners are the cheapest way to heat/col a home year round and for $1000 bucks you can have a 2.5 split system shipped where you need it. Installed locally for warranty reasons all these come with a 5 year compressor warranty.

Adds $5000.00 to the next val too. Usually makes it easier to rent as it is clean fuel and if…[Read more]

Melbear, in WA the letting fee is 2 weeks 1 charged to you and one to the new tenant. Another rort from the ‘greater than thou’ property manager state.

Be aware all states are different. Tassie they want a 3% or 2 1/2 week fee. I soon set them straight there. Most agents in Launceston charge 9-10% +GST management which his a joke. WA is worse but…[Read more]

Always get numbers for the valuers from your property managers who the valuers have to contact for access if it isnt s drive by shooting. This means that in most cases You can actually talk a valuer up a bit.

Ok situation recently, had to do 6 vals on IP’s to release a ppor from same loan. All vals came in reasonably but I needed another 10k to…[Read more]

Managed 1 place we owned once and once only. Pay the 10 bucks a week or whatever it costs, its worth it.

DD

Don’t sweat the small stuff,and it’s all small stuff!!

we had a choice of a 20yo sister and 19you brother team renting off us or vacant, we stayed vacant.

Now have a single mother going in that looks like a much better option.

$5.00 less a week but so much safer to have a slightly better tenant.

good luck

DD

Don’t sweat the small stuff,and it’s all small stuff!!

russell first IP is very important as you usually learn all the harsh lessons on this one if not done right. As most (95%) never have more than 1 investment anyway, making sure that gung ho doesnt turn into boo hoo is very important.

Many in here can and will help should you word your questions intelligently and more pointedly than just posting a…[Read more]

i get discounts on depreciation schedules. Email me if you want to chat. Also where is the IP if you sell I can find buyers.

I also have currently 11 of 16 townhouses left in Tassie which are break even or better depending on what each tenant is paying.

75k ppurchase $120/rent $1000 rates etc. All via email if yu need it.

DD

Don’t sweat the…[Read more]