Always happy to read good news Redwing.

Main thing I find in dealing with agents in WA id their inflexible “our way or the highway” aproach where a principle, rather than upgrade some computers and train staff(customer service training wouldnt hurt either), would prefer a new BM softtop for themselves.

The PM with the emails is admitting to poor…[Read more]

Agents in WA think they are gods gift. When deregulation hit the west, the west unlike the rest of the country put their prices up thinking they offered superior service. Give me a break.

Due to the inflexible nature of the holier than thou agents there we have this year sold both of our investment properties and now hold nothing in this…[Read more]

Most buyers agents will offer a service based on their expertise. I only offer property help in areas where I have knowledge of the local area, infrastructure, upcoming job prospects, and government plans concerning the area and amenities.

Make sure your buyers agent handles SA properties. I lived in Glenelg and Henley Beach for a whopping 6…[Read more]

One of our property managers is so proactive when soucing new tenants for us that she has their income and expenses and the amount they can afford worked out before even presenting them to us. We then have an easy yes or no as the agent is very thorough in background and previous rental checks too.

Pay the money. It may seem that that is your…[Read more]

Hi, DD here with the answer you are looking for (i hope). Yes it is possible to both work on nothing but properties. My wife and I started about 5 years ago with our first neg geared(yuk) investment in a unit in Blacktown NSW. Annette was pregnant and holding the tummy in so we could get the loan through. She was in HR at the time and I was the…[Read more]

The meeting was relaxing and all attendees had a great time. A few chrissy drinks were had and some yummy nibbles too.

No January meeting as this is of course the silly season, so 14th Feb which is again a Tuesday is the first for 2006. Annuka Beach Resort, Firman Drive Coffs Harbour at 6.30pm.

See you all there.

DD

Buyers Agent (Dip Financial…[Read more]

Dennis was keen but the wife had other ideas. Sadly he has cancelled for December and hope to see him sometime next year.

Meeting time hasnt changed so see you at Annuka for some well earned chrissy drinks.

DD

Buyers Agent (Dip Financial Services(FP)
Don’t sweat the small stuff,and it’s all small stuff!!

Wife and I settled on 2 in tassie on friday.

2 houses, $116,500 and $116,000 each. Rents are $165/wk each. This seems good enough for me for now.

SEQ units and town houses 9% growth last qtr in Logan area.

Now is a bit of consolidation for us too.

DD

Buyers Agent (Dip Financial Services(FP)
Don’t sweat the small stuff,and it’s all small stuff!!

With 12 attendees it wasnt the highest turnout, but it was a great meeting. We started by checking on new purchases and projects from the investors present and heard about what the banks need to see to get loans through easily from Dennis Mrljak, our guest speaker. from Smartline Home Loans.

Dennis went on to answer specific questions regarding…[Read more]

Bought a house 3 years ago with a tenant that had been there 8 years. After 2 years of them being late with payment at least once a month, enough was enough and we got them out.

When I went to do a reno the week after they were out, I find obvious termite activity and quite a bit of damage. Lucky I got them out (the tenants) or I would never have…[Read more]

Hi there, i take it you have had a professional depreciation schedule done on all of your investments?? If not thats first. Secondly we pay about $3k a year for the accountant in sydney and she is wonderful. Mr tax man hasnt seen any money for quite some time.
Get an accountant that is a property investor themselves and you should be right. After…[Read more]

do you want positive cashflow or just a property somewhere?

$300k gets you 2 x 3 bedroom units in a complex in Medina with great capital potential and less out of your pocket now and in the future.

Houses have no body corp fees so they are cheaper $$ for $$ and get better appreciation over time due to land component.

What are you looking to…[Read more]

Always do your reno between tenants and as long as it was on the rent roll as available through your agent then all of your “repairs and maintainance” are just that. Some atre treated as immediate write offs like carpet or floating floors replacing carpet, where as tiling the floor instead of the original carpet is capital and claimable only at…[Read more]

DD………everyone taking my name in vein.

Blogs the thoughts are to actually do something not sit back and shout “the sky is falling!!!”.

I was involved with an investor group in Sydney a few years back and when I was invited to join, I sat back for the meeting where they all discussed this data or that report. Well they were head down and…[Read more]

Well the numbers were small but we had a great meting anyway.
HI All, only 5 attended the meeting tonight which on numbers was very disappointing. We had a good discussion about property investing paperwork and the importance of cashflow being crucial to healthy investing. Several members sent their appologies this afternoon and some others were…[Read more]

I have one investor that never has less than a 3 month settlement on anything he buys, only puts the absolute minimum down as a deposit ($500)and then gets it valued just before settlement as he himself is a broker.

In a moving market expecially, he buys where he expects an immediate growth in value, by the time he gets his val done the property…[Read more]

When doing a reno its the 6 pack of cheapies and if its my own place and I want a great finish its the good quality ones. I still use the same good quality roller and a good tray everytime. The best roller trays have deep grooves so if your roller is easy to add and remove paint in the tray the whole job is easier to complete.

Timing of what part…[Read more]

Thinking like this will only get you ahead!!!!!

Oh yeah Yasmina, have you bought yet, you seemed keen when last we emailed.

DD

Buyers Agent (Dip Financial Services(FP)
Don’t sweat the small stuff,and it’s all small stuff!!

Dont forget its next tuesday for our first meeting/dinner combo night lets see you all there.

DD

Buyers Agent (Dip Financial Services(FP)
Don’t sweat the small stuff,and it’s all small stuff!!

ho Robo, we just bought a place with a pool and it is wonderful to see your kids learning and developing skills in your own back yard. As they grow you can keep an eye on the friends as they enjoy your pool.

Chemicals yuk, filter yuk, pool top up yuk, but we are getting a water tank installed, and in the total picture it is well worth…[Read more]