lol
I will let you know…..

I’m not talking about doing a transaction, research and finding out what people want was the first stage, expectations, goals, official stuff…lol not buying, heavens, these people mean well…

there are talkers and there are walkers..it isnt about patience…no one said lets buy now. I am not longer a MUG, where I…[Read more]

to add about prices

in 1968 my parents bought their only home here for $6k, today it is valued at 650k

In 1980 I bought my first home- for 29k, nearly an acre of land, prestigious place up mts, I sold it in 82 for 67k I dont want to consider the price now!

in 82 I bought a home in QLD for I think 35k, I sold that for I think 69k, those ones are…[Read more]

yup, my sister nearly killed me for not buying..thats three misses near there I better retire.

Some friends tells me Robina, hop skip and jump from gold coast, still older area of there thats not as expensive…but fropm what my other members tell me, quite expensive…not my area, or taste…

a coupke of years ago you could get houses near…[Read more]

lol

I tried to start a property investment group at work
got one fellow a bit like me, keen as….

got a gunner and a goer, but whats that saying? money talks….#$%#@% walks!

No references to you….mind, just my work mates.
Sometimes I feel like saying put your money where your mouth is, when one came to me and asked whats happening…I said…[Read more]

anyway PM’s are a tax deduction

Dont know about cheap, are you in QLD? once you sign a contract to buy you have to insure

shop around and compare, you know pick up the phone and dial….

They will insure anything…for a price! Try also terry shearer for landlord insurance..etc

exactly

I get the newsletter, but I find paying those kind of fees are exhorbitant

comeone women, lets start our own clubs…well men welcome too…lol

Prices have shot up between gold coast and eight mile plains that I know of.

I was going to buy a block of land in an estate a year ago, forget the place, just off the smith st exit on the freeway, new area, lots of expensive houses, bloack was 125k,next I looked near Dream world, a place called upper Coomera and surrounds, again around those…[Read more]

yep thanks

I already posted this to other forums, well about RP DATA
cheers

hi there

well I have no idea!
I go to buy shares, they go up, I want to sell, they are down, maybe its a strategy to keep my portfolio?

I balance asset classes

I think we will see another rise in rates.
I think there has been a plateauing effect and we might see some dips in areas (property) but it will come again…it is just knowing when

I…[Read more]

I posted something about this on another topic, and it was about value and banks and real estates…

My bank would not let me argue the point on a property that their valuer said was lower than all the going sale prices over the last 6 months. They gave me a range. Full stop. If I wasnt in the range, I didnt get my loan. My bank manager even sent…[Read more]

They have been around for a while, I bought a floppy once, but didnt do any more…too fiddly and time consuming for me…(but hey it was a while ago)

I dont think my accountant is working for me, I have to push issues!

Elves

Well there is value and value.

Banks always tend to be more conservative.

Now what I found out when I bought one place….
my bank had the valuers do a drive by (and no it wasnt with guns….sorry) anyway, this company that did the value, drives by checks the area and gives the bank the valuation.

Thats what they base the loan on, usually a…[Read more]

I have read most of the books by those mentioned, including Paul Clitheroes (a few) and many are property focussed

But there are many investment types and these diverse classes should not be overlooked in your portfolio. Note the old saying, dont put all your eggs in one basket!

Start somewhere even if it isnt in property, you can alwasy move…[Read more]

sorry spelling mistakes….fingers are doing the walking tonight

Yes know the rules as a landlord, but importantly know your tenants rights and rules…because you can bet they will.

Check out the Resdidential tenancies for whatever state you are in, all sorts of info, as does fair trading web site.

Keep good records,
Vett your tenants
have a lease
have a property report completed
make sure you lodge a bond…[Read more]

Update the lights – new lights (kill those old oyster lights) look great

Solar hot water/solar systems, may not be as economical as you think. I tried to seek out the following for a house I was going to build and the architect said dont bother!

It takes absolutly years to recoup the cost of a solar system for eg hot water.
enviro cycles, eg…[Read more]

Its called RISK factor

1)The lowest risk being government bonds etc
banks
as the risk factor increases, so to does the potential gains or losses.

So for example, residential property returns are lower, there risk might be medium, as opposed to commercial properties which are higher risks.

Domestic shares are less risk than international shares…[Read more]

HECS- I hate this subject, as a sole parent I couldnt afford to pay it off and get a sizeable discount, and when I went into business I had to pay it off with interest as my income increased.

It is not immoral to do what is necessary financially, within the bounds of the law or the powerful ATO.

I work with peoples incomes, trust me, there are…[Read more]