our investing path started a couple of months before my wife became pregnant. My daughter is now 5 and when we lived in Sydney, she travelled as a bub to Brizzy 7 times and even Perth with me on a buying trip when she was 2. It is hard but the harder thing is to do nothing.

You know that for a bit of hard work now you will have more money and…[Read more]

Hi DD here, the houses in the woodridge area are set to be the flavour of the month in about 3-6 months time. This is due to one very important factor, the townhouse and unit market there is going batty at the moment and most agents are now struggling to get stock.

What this means is that as the prices of these units is being pressured…[Read more]

Well even though it showed no replies here we got 10 people for the second meeting of the Coffs investors group(CIG). One couple shared how they had purchased 2 in Cairns, another said he was relocating a house to do a dual occupancy, anither lady bought duplexes and strata titled them and sold, and it goes on. A good thing to see 2 real estate…[Read more]

Coops a few ideas of area and type might just find a buyer in here.

Several of my online clients do sell their IP’s through here so put it out there and they could private message interest back to you to avoid agents fees. What state are you in as well as this impacts on the contract inclusions and conditions, as they differ from state to…[Read more]

May’s edition if you can get it on backorder from your newsagent also had 50 top tips to improve your retal yield. Every tip had a footnote from Deppro director Paul Bennion about tax deduction of the work done as well.

(My wife and I were also profiled on page 48) So a great one to chase up……for the tips the tips!!!

DD

Buyers Agent (Dip…[Read more]

Well how well did they consider the possibility that her gear was tampered with. The baggage handler fiasco in Sydney would have been enough for me to vote not guilty.

They had Aussie Feds assist them in catching the Bali 9 so let the poor girl go. Bang the rest of them up for as long as you like but this ones a bad call.

If Qantas,Virgin and…[Read more]

I disagree battleships. The roll on effect of more disposable income would mean more “toys” for the rich in the form of cars boats big TVs etc and the follow on economic boost which again breeds its own follow on in different areas of the workforce. Job creation in tourism and holidays as more can afford better escapes and in the not too distant…[Read more]

Terry I could sell you a nice little printer for ……you guessed it $123.00.

Never mind[biggrin]

DD

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

Benali, all depreciation schedules give you are effective deductions for everything in your IP and im sure i would miss quite a bit. Just had one done on a 2 bed townhouse in Kingston. The $2089 for the first year is about $20.00 different to rates and body corp for the year so with a 7.5% return and the depreciation schedule im neutral.

So tip1…[Read more]

This months API has 50 top tips for raising rental yields so worth a visit. Personally love the quotes on 4 renos from one couple.

DD[angel][]

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

Dr X, whoooaaaaa there doggie. I have an established portfolio(may API) and find deals constantly. Whether I have available funds to do the deals myself or pass them on to my clients, its the same on both counts.

I find and negotiate deals because I love to, and your last post I found offensive. As you havent considered that the research and deal…[Read more]

good property, good agent and now a goooooooooooood new owner.

Great to see the win there and where is the next one???

DD

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

HI Lea, great to see another motivated buyer. Shame we all face the negative people who say dont do it. They mainly want you to stay poor and miserable like them so maybe its time to surround yourself with others that own IP’s and speak to intelligent forward thinkers.

I believe it is 20/1 the raitio of negative comments about property to good…[Read more]

if you can arrange access, get your repairer or builder to do an accurate quote on what needs doing, this then becomes the basis of part of your deduction. If you have pre approval and can make it a 30 day contract, reduce the purchase amount by $2k for that, if you get a price fixed on a contract, then pest report shows small termites or it needs…[Read more]

PLA Management in Edgecliff are hot. I use them personally and the tax man cries each time he sees my return they are so good.

Ask for Maria, she is italian, early 40’s has her own property portfolio and does not take prisoners. Awesome.

http://www.plamanagement.com.au

the picture does not do her justice either.

DD

Buyers Agent (Dip Financial…[Read more]

ok all meeting at 5.30pm for a 6pm start. First meeting so its open to discussion what future format the meetings take.

Look forward to seeing you there.

DD

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

I present properties to people and give them access to services such as building and pest reports and solicitors at discounted prices.

They decide on what suits them and I always suggest to do further research on the area and property details.

I act as a buyers agent for property and show my Financial Planning certification only to be clear to…[Read more]

Please tell me its north of the highway and not in the southern part of Dinmore?? That is really run down and you need to be careful. When that market was $70k for a 3 bedroom we looked at 2 of them in Joseph street.

Wife wouldnt let me get out of the car!!!! Houses were boarded up some had been torched and car wrecks aplenty were there too, some…[Read more]

API,great article in there too about a couple in Coffs on page 48……..dum de dum de dum.

DD

oh yeah the 50 top tips has 4 renos listed too. And a really nice picture[biggrin]

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

Well it is a valid theory in my book. With a changing portfolio and trying to stick to our goal of buy 4 sell one each year, it would be great to be able to hit the loan for a redraw or additional funds should(and this is vital) the new borrowings can still be serviced by rent recieved.

Say rent was $150/wk and services $100k loan, rent goes to…[Read more]