Replies Created | Forums | gezzy | PropertyInvesting.com

Forum Replies Created

Viewing 8 posts - 21 through 28 (of 28 total)

« 1 2

gezzy
Member
@gezzy
Join Date: 2003
Post Count: 29
May 16, 2009 - 3:44 am
v8ghia wrote:
"my property' is also a good mag too. (or is it 'my investment property'?)
API and it are both a good read, and educational – but as there is such a wide and varied opinion on strategy, products, and 'growth figures' take it in all in with a grain of salt, and dont jump into anything just 'cos you read it in either mag without doing a bit of research / due dilligence yourself.
SUbscription is a good idea.
All the best.
I think you might be talking about "Your Investment Property". I find it to be a great magazine, especially for someone like myself who is still starting out and trying to gain as much knowledge about property investing as possible.
gezzy
Member
@gezzy
Join Date: 2003
Post Count: 29
May 10, 2009 - 5:22 am
Hi Mike,
Thanks heaps for the report, really appreciate the quickness in which you provided it. Will definitely be bugging you for more.
Cheers
gezzy
Member
@gezzy
Join Date: 2003
Post Count: 29
April 2, 2009 - 9:28 am
It's funny, I was just bad-mouthing Glenroy a couple of hours ago. As per abharga's post, there is a bit of crime in Glenroy, but it's pretty good location-wise in terms of being close to Eastlink and the CBD. Over the last 12 months there have been quite a few older-style houses being bought in Glenroy only to be knocked down and subdivided for 2-3 townhouses to be built and leased out. I've seen houses go up for sale and be sold pretty quickly. I personally wouldn't want to live there, but I would invest there if I could. Only thing I like about the area is the kebab shop on the corner of Pascoe Vale Rd and Glenroy Rd (they're great!).
I have a friend who has moved to Eltham. He loves it there. I went to high school in Watsonia, not too far from there, and I'm not really that big on those areas. cyberman pretty much sums it up in his post. There are a lot of trees. Pretty much the sticks Obviously a lot further out from the CBD but the Western Ring Rd isn't too far away.
It all comes down to what you prefer. They are two totally different areas. Good luck
gezzy
Member
@gezzy
Join Date: 2003
Post Count: 29
March 24, 2009 - 3:16 am
Don't pay them their money until everything they promise has been met. Our experience with building our home was after paying them and getting the keys (yeah we were excited) they didn't want a bar of us. Make sure all your paperwork and correspondence is in order for quick referral. Document phone calls, faxes, everything you can. Keep an eye on each stage of building – our builder was requesting progress payments for stages that had not even been started. It's okay to ask questions and be picky – at the end of the day you are paying them a substantial amount of money to provide a service. Make sure everything it up to your standard. Problems fixed earlier are always easily fixed earlier than later on.
Good luck
gezzy
Member
@gezzy
Join Date: 2003
Post Count: 29
February 28, 2007 - 5:57 pm
Originally posted by L.A Aussie:
Speaking of Dande-thong, I just received this email from my brother-in-law;
DANDENONGSECONDARYCOLLEGE-CITYOFGREATERDANDENONG MATHEMATICSEXAM
C:JD MillsJCDandenong Mathematics Exam.doc Page 1 Of 2
NAME
GANG
Youse Time allowed is 1 hour
1. If Mohamed lowers his WRX 2 inches front and back and puts on stolen
18-inch Auscar slotted wheels, how many inches has he originally lost
from the stock suspension?
2. If Con needs 3 razors a day to stay clean shaved, how many razors will
he need before he goes to the gym at 8.00pm?
3. If Mustaffa runs 10 km from the Police in Noble Park to Springvale South
then steals a car and drives another 5 km to Keysborough , how many
kilometres has he travelled if he ends up hiding in Parkmore Shopping
Centre?
4. Phan has 2 ounces of cocaine and he sells an “8 ball” to Hamil for
$320.00 and 2 grams to Dak Hoang for $85.00 per gram, what is the
street value of the balance of the cocaine if he doesn’t cut it?
5. If Darren receives $200.00 per week disability allowance from Centrelink
and works for his brother as a builder and receives a further $400.00 per
week and then pays $10.00 per week for each of his 11 children for
school, how much money does he have left to buy a smashed Tarago
from the Keysborough Wreckers?
6. If Soula needs 25 mls of wax per day to get rid of her facial hair and
Soula is only 19 years old, how many mls will her mother need if she is
47?
7. Mohamed has an AK-47 with 2 x 30 round clips. If he misses 6 out of 10
shots and shoots 13 times at each drive-by shooting, how many drive-by
shootings can he attend before he has to reload?
8. If Abdo runs a Donor Kebab shop in Dandy Plaza and works as a Taxi
driver on weekends and earns $1,200.00 per week, how much does
Centrelink give him for his job search allowance?
DANDENONGSECONDARYCOLLEGE-CITYOFGREATERDANDENONG MATHEMATICSEXAM
C:JD MillsJCDandenong Mathematics Exam.doc Page 2 Of 2
9. If Dandenong’s ethnic community is increasing at a rate of 3.5% per
month, the overall population increasing at 2.1 % per month, at what rate
are the Aussies leaving?
10. Quang is pimping for three girls. If the price is $75.00 for the trick, how
many tricks will each girl have to turn so that Quang can pay for his
$200 per day crack habit?
11. If Luigi drives his family and cousins all in one car from Dandenong
North to Hampton Park, how many round trips will he need to make if 40
of his relatives need a lift and he can put 12 people in his Valiant at any
one given time?
12. If Mario’s dad has his top 3 buttons of his shirt open and reveals 1 x
golden cross and 2 other golden ornaments, and has approximately 17
sq cm of hair coming from his chest with an average length of 2 cm,
what is the probability that the ornaments will be visible from:
a) 2 feet away …..%
b) 5 feet away …..%
c) 100 feet away …..%
END OF EXAM
Cheers,
Marc.
[email protected]
“we get sent lemons; it’s up to us to make lemonade”
Funny I’ve seen that same email used for Broadmeadows
gezzy
Member
@gezzy
Join Date: 2003
Post Count: 29
February 9, 2007 - 10:11 am
You’re new to the game but you have 2 properties? I’m jealous. Great stuff. I’m not sure if anyone can give you an answer narrowed down to a few specific areas (I sure couldn’t!), but I think Julie’s advice is best – research. I’ve read a lot about not just doing your research on the internet or in the papers, but to get out there and have a look for yourself. Not saying that the internet and papers aren’t valuable tools, but it’s true – you might find something that nobody else has found. Get out to different areas, ask questions, you’ve got nothing to lose but everything to gain.
Best of luck to you
gezzy
Member
@gezzy
Join Date: 2003
Post Count: 29
February 4, 2007 - 8:08 am
Originally posted by leahwat:
Hi RG
Q.1 iff you want a 10% return say you buy a house for $200,000 the rent needs to be $400 a week.if house is $100 K then the rent needs to be $200 per week. Double it .
Would $400 a week for a $200k house be considered too expensive for a tenant? I mean I know it’s all dependent on the place but realistically $400 a week for a $200k house wouldn’t appeal to tenants would it? (I know the above quote was just an example)
gezzy
Member
@gezzy
Join Date: 2003
Post Count: 29
February 4, 2007 - 7:38 am
Hi wriggles,
I couldn’t tell you whether or not investing with a group of friends is a good or bad idea, bit I can tell you if I were to consider doing something like that, I couldn’t find as many as four people I would want to do it with. When it comes to business, it’s so easy for things to go wrong and for friendships to turn sour because there’s obviously a lot more involved. My goal is to get into property investment, unfortunately I’m still in the early stages of researching etc. I know I can’t afford to do it by myself so when I finally do take the plunge, it will be with at most one other person (I trust no one!)
All the best to you though