Hi buttercc,

The guys are right, you could build lots of things, depending on what suburb, zoning, overlays etc.

Can you give us a hint on the suburb? And I'd definitely say give Pillar and Post a ring and have a chat. The other even you can go to in June is Rookie Developers D-Day, Troy Harris runs a day course on developing and crams as much…[Read more]

I'd be more worried about having an IP that that the police visited regularly.

Maybe you'll get Officer Friendly moving in?

D

Hi again,

Now that you have decided that this guy isnt the right guy for you have you approached him to say that you do not want to go ahead with the subdivision, and that you would like to get your money back (maybe less whatever he has spent on skips and 2 random guys)? There are people out there who can renovate your property, but if this guy…[Read more]

okay.

So now my suggestion is to go into damage control.

Probably you should have gotten something in writing on the scope of the work he was going to do, the time period and how much it would cost. But now it's probably a bit late.

If he's not showing up and you have paid him 10k, I don't like that. I also don't like the fact that he was on a…[Read more]

Interesting…

The latest figures on population are growth for Vic by 95000 people over the next year. (No sorry too busy to quote where from, use Google friends) and 350-400k population growth for OZ. Vic has the largest amount out of all the states. Might be a turn around coming?

Supposedly Vic has also been in recession already for 9 mths…[Read more]

Aww take a load off friend.

We're all mates here, The Goose, Johnny, Jimmy etc…..

Tell us your problems………..

D

Hi all,

Terry and Freckle, I'd go with the partial drop too. Good call Johann as well to keep an eye on the market.

Jacqui is right in the points that legally you don't have to do anything, but happy tenants pay bills on time.

The other suggestion I would add is how is the market going for sales in your area? Are there more rentals because more…[Read more]

This was the most random thing ever.

KRUDD thinks he's a hero double talking everyone, thank goodness we got rid of Crean, and Julia, keeps on keeping on.

Dear Governor General,

Are you able to fast forward to election?

Cheers

D

Hi Oscar,

Apologies if you knew the people involved and the these comments offended you. They were made when the story first broke.

I haven't been able to find any news article about a suicide, I think as an adult if you do choose to commit suicide over something like this there are more issues than just a couple of mull plants.

D

Bump!

Don't forget this is tonight, I'm sure they still have a couple of spots!

I'm actually surprised that they are doing this special event as the last APN meeting was going to be the last ever!

D

Yikes!

Dennis – which posts have been abusive? Please report any abuse to the Moderator, it will be deleted.

The comment "Sure I realise most of the people on forums are renters" may or may not be correct, do not let emotion cloud your judgment of seasoned property investors advice.

That's cool that at 17% increase is small to you. If your…[Read more]

Lol!

Were the landlords being charged for a gardener too?

D

Jacqui and Richard have great points.

If you haven't got cash savings you can use super to invest in buy and holds.

You could also talk to people who may be able to invest with you, this isn't always a great strategy, but if you are really stuck, might be a way to get a foot on the ladder. You need to set a bunch of boundaries, and be…[Read more]

Maybe do the inspection with the PM Dennis, then you can see exactly what the property is like in person.

You can then decide –  hey $40 is a small price to pay, or wow I wouldn't pay the extra $40 to live here!

If you really want to dig deeper, head to a couple of rental properties that are open and see what competition you have.

Do the maths,…[Read more]

That's ok Lila, sometimes the text is no substitute for a person!

And yes I totally agree that PM's being paid by us, need to always be working for us. And as investors we need to be super vigilant, and make sure they are.

Good that rent is going up in your area too!

Cheers

D

Lol!

Went to the shops today and these two guys were handing out Labor fliers and wearing Labor shirts. They looked very dejected, I don't think they were having much luck.

D

Great rant Lila.

Oh and your snide comment on forum members pm's is not appreciated. We're all friends here.

It is a business, and like anyone running a business sometimes you need to take advice from one of your team. I have had property managers explain during slow rental times not to put the rent up, and after checking some of the other…[Read more]

I'd get the agent to drop off a nice bottle of wine, or get some flowers delivered.

The selling agent needs to really get in good with the tenants before you do anything. You can help by offering an decrease in rent over the selling period to help ease the annoyance factor. You'll want the tenant to be agreeable to opens when they need to…[Read more]

I got told my rent was going up $50 – so off I went!

D

Hi Dennis and all.

Have to say you may have just had an attack of  "Bull in a China Shop" !

Recently becoming interested in property does not mean that you can break laws trying to remedy situations that you may thing are wrong.

The first step to do is get a market appraisal of rent from a couple of real estate agents. This means getting a…[Read more]