I have a number of family members that live in Brisbane adn Logan suburbs.

My opinion was that -mine alone.

I still prefer Marsden to kingston and given the insurances as I said 4114 suburbs and others are higher rates due to problems. I can say the properties have sold well there.

Now i base my own opinion on facts too! I own properties in…[Read more]

Areas of crestmead are not favoured.
It is a suburb that I would stay clear of, browns plains is a better option, but just my personal opinion.

Marsden isnt all that bad, but for insurance purposes 4114 costs you more.

Try daisy hill way or hyperdome suburbs

” a blind man may see what a sighted man may not”

Geo

I was involved in a few partnerhips. Only one was written one and it was with my family member.

With the written one, we just sold businesses and there were no break ups in volved, but we are not in a partnerhip now and the paper still stands. no need to do tax as we are not trading….or active.

The other was just verbal agreement, earning…[Read more]

er dont kid yourself I have read many bankruptcy papers and they vary

I have seen payment arrangents made
where assets were hidden deliberately and lets say this was looked into.

you cant own anything without they possibly taking it. Even a car, unless it is under a certain value.

You might think all debts wiped right? not so. ATO CSA etc are…[Read more]

Chan

Re termite treatments: I can only say I was quoted 1200 for house and fence and some trees.

I was told the tree stumps would need to be treated, but the owners decided to have the stumps ground out, whihc was a problem as they didnt treat them before they did the grinding.

I was told I needed to have the place treated and checked in 6…[Read more]

For some reason I havent got any email as yet, funny as Pisces asked also if my email was full.

So I am going off the post at this time.

Anyway, There was a tshirt put out some time ago, I think by someone who was unemployed and just went out there and made it. This one said, “know your limits and break them”

Which to me stands for many things,…[Read more]

no!!!!
I empty my emails 4 or 5 times daily.
I believe there are problems
try again if you will or pm me cheers

and anyone else that may have sent me an email….dont give up

Elves

” a blind man may see what a sighted man may not”

but just remember a real estate is not working for you, and I dont beleive they are working for the seller either….just themselves, a bit like lawyers….lol

sorry no offence anyone.
Bottom line is they want to get paid, they will get paid because if they over price it, they will usually suck you in, then tell you the market had died and that…[Read more]

LOL Life!

No mummys more a Lord of rings fan and celtic stuff. (Indian too as in American)

Ok away from that, as you do, I do. My card sizes of past and current debt is an issue for others, it isnt a big thing for me. As you do , I also used the card to buy air cons and dishwashers for some great tenants and increased the rent too, so tax…[Read more]

Personally I dont like units. There is an over supply in some areas, and also vacancy rates can be higher. depends on where you look.

I also dont like all the fees, I have a preference for free standing homes. Just my personal opinion though..

Elves

” a blind man may see what a sighted man may not”

Nathan good to ask questions.

But I think you are emotionally caught up in this place becasue you see it as a good buy. I disagree.

What you have to see is what you are going to be spending. You dont know that it will only cost 10k or whatever to fix, there are no guarantees!!! No pest person will ever give you that because they cant, no more…[Read more]

but it wont stop me buying, just make me more careful

” a blind man may see what a sighted man may not”

Thanks all again.

re friends:

there is never a question of morals between us. Money is never something which would come between us as we work it both ways. As Sis says, if they are ok with waiting and still keep a strong friendship BECAUSE this is a totally trust based issue. they are ok to keep it that way. There is no push for cash to be…[Read more]

I guess I shouldnt buy into the ethics of this, BUT if the guy is a bankrupt and has the income I am assuming he is repaying his debts by way of payment arrangement? or

If he has funds then there is in my humble opinion an obligation to pay his debts back,
naturally I dont know the situation so forgive me any indiscretion.

If they find out he…[Read more]

agreed, rent but tell tenants it is on market
some people like to buy a property with a tenant in it.
if not lower yuor price after all you did do well maybe it is now overpriced? in the wrong area? not being marketed right? etc

Refinance?

” a blind man may see what a sighted man may not”

try http://www.commercialrealestate.com.au
to search for commerical and you can get emails too.

There can be money in it, but it is high risk. And it is also less stable than residential.
Banks lend less…….etc

” a blind man may see what a sighted man may not”

I have said this elsewhere but here goes re my accoutant.

As a single person there is no benefit for me to have a company or trust, so buy Ip in my own name, saves a lot of mulla! time and paperwork.
Trusts can still be wound up

Do not hold assets in the company…these were his words.

you can use the company to act as trustee of the trust.

as…[Read more]

Thanks everyone. Listen credit cards are not all bad depending on how you use them.

I liek the idea of getting more positive properties which was the aim initially. I can repay credit cards like sis says, but I liek everyone thinks they are very costly, but I dont panic over that debt. Why?? because it can be reduced, and I think along the lines…[Read more]

usa one: http://www.investorguides.com/clubs
http://www.nationalpropertyinvestors.com.au

If I recall I was looking into investment clubs as I wanted to start one. I dont think I will at this time, as too many people, dont have much time, and people alwasy change their minds or are not as keen

I own 3 Ip’s only.

cheers

elves

” a blind man may see what a…[Read more]

commerical properties are higher risk
they might have better returns and the rule of thumb is , the higher the return the higher the risk factor.

You might also find the cost of leasing or renting to be considerable. Then you add to this location, what the property can be used for, the limitations of that, and the market you might aim for. eg…[Read more]