Point to Freckle. 

Hunter Valley is looking good, low buy in price, ability to add value later through reno  or development. And good current cash flow. WA has bottomed and should head back up now so might be some opportunities there. hat to some locals about the changes in infill requirments, iit's looking good.

Melton still has a lot of new…[Read more]

Have you given the tenant notice to vacate?

In Victoria the lease continues on month by month once the lease expires, until you give notice to vacate.

Has the tenant given any indication that they wish to vacate?

Cheers

D

I don't have any pork, I'm applying. What about all my cats? What about the paper, can I get the paper delivered, is that extra?

LOL

D

Yeah but it'll be "I tol ya so" about something not related to property

D

Hi all,

Brendon, I'll put it another way.

I know all about investing. So should I buy a renovator around the 200k price and use all my savings or should I buy a renovator and only use most of my deposit money, then save up and buy another one?

I really would like to help you out, but essentially what you have said is "I know all about…[Read more]

I'm not familiar with the 'Black Swan Event' term.. what is it?

Cheers

D

Good reply Brendogs.

It's not that I'm questioning your intentions but I was hoping that you had already questioned yourself about what you want to gain from investing in property.

There are excellent cash flow deals to be had. If you don't have room in your life at this stage for either the extra work that comes with developing or the extra…[Read more]

Good call Johann.

Financial education is lacking, desperately lacking.

It's interesting because today everyone (business people) are happy as China looks like it is not going to sharply slowdown. And the big problem is how much you can base economic decisions on a country that has no opposing voice. (I'm watching the next series Niall Fergusson…[Read more]

Hi ksun,

I might get corrected here, but as far as I knew the builder has to have this as part of their building insurance. Have a look at the policy, the builder should give you a copy, the bank might need it too. Should be an item for public liability for 20 mil, or whatever the figure is nowadays.

Cheers

D

Yeah bit of a weird post brendogs.

You talk like you are going to buy any minute, but in the same breath talk about how the market is and how you don't believe in hotspotting etc.

How much do you really know?

The lack of knowledge will hold you back, it will create doubt in your mind. But information overload – eg talking about he market being…[Read more]

Good points JacM.

It'll be an interesting year, I think people are sick of it. All of it. 

Most people are happy with their lives, but if you get told every day (media input) that you should be miserable, then you probably will be.

I think an uptick in sentiment will come when people can see a change starting to happen, which will begin around…[Read more]

This one too from Terry…[Read more]

Sorry, I also meant to say "Great List Jamie" but my first post got deleted (operator error).

ABS website would be good too.

Cheers

D

I think it's interesting.

Everyone's always happy at the start of a new year, it's new! I think there is good an bad with everything.

Sure interest rates go down, but that mean a recession really. Banks need to profit, so they will need to find new customers and entice existing customers to borrow more…. That's good for borrowers, but tight…[Read more]

Hi all,

You might also want to pick up a copy of Margaret Lomas book '20 Must Ask Questions for Every Property Investor'. it's a good starting point if you have never looked at any property before.

For reno's an flips you'll also need to speak to some realestate agents and start finding out prices for unrenovated and renovated properties. You…[Read more]

LOL!

Nathan can you do another one

Cheers

D

Short answer yes she wins, yes you lose.

D

Hi wakebrownb,

What does it say on the title?

She can try to move whatever fences she likes but if the land she is trying to fence is not legally hers then you can say no.

If need be get a solicitor involved to write her a friendly but firm letter explaining that the property she is fencing is common property and needs to be easily accessed by…[Read more]

What a fascinating thread!

I've got one set of retired parents (in laws) and one set (mine) who are both still working full time.

The retired lot enjoy some cafes and table tennis and a few activities, but I think at this stage they have started to have to rein the spending back as their income isn't what it used to be preGFC. They have still…[Read more]

Oh man,

I didn't get the shoe offer…….. gypped!

D