Bloody soon I hope Kay!
Cheers,
Gats!

“Sometimes the hardest thing to do in life is often the best thing to do.”

‘Boy Eats Own Foot in Fridge?’…I don’t understand your post Red. (and I’m a strong advocate of being cryptic???)
Cheers,
Gatsby.

“Sometimes the hardest thing to do in life is often the best thing to do.”

Hi me.s.hall,
I loved your post (especially re: comfort zones). For me personally I agree with your openning comment, but in reverse. What I love (and am searching for) is, ‘the people, loving your job, the money and I believe this is what motivates people (property investors or not) to getting up in the morning.
Cheers,
Gatsby.

“Sometimes the…[Read more]

I completed my year 12 at RMIT and studied English Literature as part of the course. I scored the highest over all students at the end of the year. Then I went on to study Drama/English Literature at Rusden (now merged with Monash?). Boy when I studied English Literature then, was I in for a shock! I never failed though and only received a pass.…[Read more]

LOL!
Gatsby!

“Sometimes the hardest thing to do in life is often the best thing to do.”

I think the main focus in entering a partnership/joint venture is not only working towards the common goal of the two, but equally as important to leverage off each other’s skills/assets. Having 2 people with complimentary attributes/contributions to the partnership would be seen as the ideal (eg. one partner has the finance, the other partner may…[Read more]

Apart from the Reno brothers, a couple of Steve’s Mapper’s have a reno site (www.dynamicduoinvestments.com) or maybe do a search here on ‘renovations’?
Cheers,
Gatsby.

“Sometimes the hardest thing to do in life is often the best thing to do.”

Hi pasandec,
I’m not familiar with your financial position and the more informed brokers/etc on this site would be better able to supply suggestions. If you can avoid cross collateralization (let alone having to pronounce that word!) and LMI then defininetly, all the better!
Good luck!
Cheers,
Gatsby.

“Sometimes the hardest thing to do in life is…[Read more]

Hi techhowse,
If you are in a union they generally mail out info to you as a member regarding what you can claim (this would depend on what union you are in and I wouldn’t view it as being completely exhaustive).
Cheers,
Gatsby.

“Sometimes the hardest thing to do in life is often the best thing to do.”

Hi Jo and welcome to the forum,
If owning/running a business and investing in real estate is first and foremost as your goal/s, then perhaps consider living with your folks? It’s a sacrifice that you and your partner are making (as opposed to renting/ owning your own home, etc). However, if your folks are that generious in letting you live with…[Read more]

Resi,
I agree with your last paragraph. If you haven’t got the nut’s and bolts down on just obvious save and ‘If you can’t afford it, don’t buy it’, then you’re dreaming.
I’m still amazed by friends of mine (and it is entirely their right and decision)to ‘borrow money they haven’t got, to buy things they don’t need, to impress people THEY DON’T…[Read more]

Dazz,
I starting writing this reply when I saw your last reply but decided to just delete it, then after reading it and thinking about it I’ve decided to write it anyway because it still answers the question as everyone’s answer will be different. My brother in law, who started his own business when he was 18 and was like a brother to me was…[Read more]

My apologies Red Tim,
Now I understand the analogy (re: tongue in cheek).
Cheers,
Gatsby

“Sometimes the hardest thing to do in life is often the best thing to do.”

Hi caston,
I’d just view the ’11 second’ solution as a way to view how far off your property is from being CF+, if that is your goal.
Cheers,
Gatsby.

“Sometimes the hardest thing to do in life is often the best thing to do.”

Celivia,
It’s cool a house is now made out of polystyrene. I’m just worried if they make a house out of fibreglass next. How would you insulate it?
Cheers,
Gatsby!

“Sometimes the hardest thing to do in life is often the best thing to do.”

‘How far can a landlord push a tennant?’ About 4 feet if the tennant isn’t looking!
Grreg,
I feel sorry for your situation and unless I wanted to lose money, I would never do this to a tennant. I don’t know which state you are in but find out your rights from the local tennancy tribunal, etc. There is absolutely no way a landlord/tradesman (or…[Read more]

Hi dang,
if you can, try and speak with any locals about values of the propertie/s and why they do/don’t enjoy living there. When making an offer on the contract, make sure you put down a couple of ‘exit’ clauses if you are unsure, but not too many that will put the vendor/agent off and not take you seriously (eg. subject to satisfacory building…[Read more]

With one property I have great tennants. Perhaps not being so proactive as this post requested, I always address every need (toilet washer, bathroom ceiling paint, etc) ASAP. They have been great tennants and appreciate my promptness as I appreciate how they see the place, not as a ‘rental’ but as a ‘home’. In a way, the lack of any rental vacancy…[Read more]

Coops,
Glad to hear that you were able to you were able to find what you wanted.
Kind regards,
Gatsby.

“Sometimes the hardest thing to do in life is often the best thing to do.”

By the way way, isn’t Greenspan about to retire?
Gatsby.

“Sometimes the hardest thing to do in life is often the best thing to do.”