Originally posted by Qlds007:
Dave Are you currently self employed or run a small business? My partner is a CPA although his practise is only taking on S/e clients to be able to justify the fee income. If yes i will ask him and happy to provide you with his details.

Funky Dave

Go with Qlds 007’s partner if he will take you on. These guys are…[Read more]

Originally posted by woodsman:Is there other/better software to value your properties?
Yes…comparable sales of the same property type in the same area. Cost – a couple of phone calls to local agents and a few hours max to possibly view them.

Hi folks
Once you own a big enough portfolio, you can usually ring up one of your property managers and…[Read more]

jaco22:Thanks Greg and bjb for your info.[biggrin]

Hi Jaco

There you go again with indecipherable sms talk! What the heck is “bjb”?? (Bloomin’ Jolly Brilliant??) [blush2][biggrin]
Cheers
greg

Originally posted by MiniMogul:
Hi guys

I’m doing my first development this year. I’m taking bets….Cheers-Mini

Hi Mini

This thread is “My Mission”. Are you building a Mission or something? [biggrin] Have you gone all religious on us? [biggrin]

Just joking! I’m betting you’ll make a squillion! My motto these days is to “Buy Wholesale, add…[Read more]

By the way, you’re not trying to self-manage your first IP, are you?

Please take the advice of an “old hand” at this game, and get a good PM. If you can find a good one, they’re worth their weight in gold (ask the ACT network on this forum to recommend a good PM in canberra).

The days remaining to reach your goal of becoming a Paper Millionaire…[Read more]

Originally posted by bwiemers:Hi Everybody, I am about to rent out my first rental property and I am trying to find a copy of the ACT Residential Lease. Bernie

Hi Bernie

And congrats on your awesome website. I strongly urge all readers (especially if you’re quite new at this game) to click on Bernie’s:
http://www.my-wealth-plan.com
for an inspiring…[Read more]

Originally posted by Swampy30:Do most houses in Mount Isa have air conditioning? Would you find it difficult to find a tenant for a house with no air con?

G’day Swampy

Virtually all houses in the Isa have EVAPORATIVE air, one of the earliest generations of air COOLERS (a massive metal unit, usually perched on the top ridge of the roof). They…[Read more]

Originally posted by Monopoly:Don’t worry if you don’t know where to begin….YOU ALREADY HAVE…simply by visiting this forum and reading the posts, and if you keep it up you will find an array of wonderful people, with diverse opinions and great information sources. Welcome and enjoy!!! [biggrin] Jo

Another welcoming and uplifting post from…[Read more]

Originally posted by jaco22:
What’s your thoughts on this:-
3 BR house in Ann St. (Govt rental) lease hold with approx $1100 to pay for freehold. vendor wants $120k poss rent$200-$220 current rental $150pw with a couple of months to go on lease.
Am I looking at the right scenario. Shane[biggrin]

Hi Shane

I can’t remember where Ann St is,…[Read more]

Originally posted by Greg F:

Quote:
My earlier post was actually an offer.

One more tip, mcubed.

You might like to PM “Still in School”, a respected younger member of this forum. SIS is 22-23 years old and invests in property as well as trades in shares.

Click “Members” in the top LHS of this page, and go to the letter “S”, where you’ll find…[Read more]

Originally posted by mcubed:
…Thanks for ur input!really appreciat it:-)
i just want to starting investing asap, but reliase i need to read more! possibly wait until the market settles down, but the longer i wait, i wont be able acheive my goal of having 1M worth of property by the time i am 30! and ideas to get there quicker! thanks again. i…[Read more]

Originally posted by copperg:
…how are all you Developer Types out there going about crunching the numbers for your developments??? Probably the same as me, now, ….putting it thru a spread sheet???
(I use Somersoft PIA for straight Cash-Flow Buy/Hold/Rent/deals.) Any Ideas??? GC

Hi GC

Sorry for my tardiness. Life’s just too darned busy.…[Read more]

Originally posted by jcls79:
I am looking for publicly available data for median price growth (10 years, 3 years and 1 year) for all suburbs in QLD? john

Hi John

Reading between the lines, seems like you’re a fan of Peter Spann, like a lot of us here.

Try searching Peter Spann’s posts (there was a major thread he contributed to 3 or 4 months…[Read more]

Originally posted by steve2:
I have been recommended my first property dev. in Hervey Bay, QLD. I will need to get a loan for 850K to complete this dev. I just don’t want to get myself in trouble with such a big loan!!

Hi Steve

We have a JV partner from this forum, and are doing a Rural Residential subdivision in Gympie which is going nicely.…[Read more]

Originally posted by jaco22:
Read article about rental returns in Mt.Isa has anyone invested up there. If so any contacts to sus out properties would be appreciated.[biggrin] Shane

Help me out, will you Shane? PPIC? What’s this one mean? I’m fine with OPM, LVR, DSR, SANF (thanks Monopoly) and a host of others, but this one’s got me beat!

Re…[Read more]

Originally posted by mcubed:
Looks like i need to read more, – boring! :-(I just want to get in there and start! Anyone want to take me on board?? Basically i have 10 g’s, fulltime job and looking to create weatlh asap! Thoughts?

You asked for our thoughts, so watch out!!

I’m wary that your enthusiasm doesn’t appear to extend to putting in…[Read more]

Originally posted by streetwise:Im currently subdividing in the SouthWest and as hard as Ive tried I cant make a case for building as opposed to just selling the blocks…. the risk and associated holding costs etc etc would for me far outweigh the “cut and run” approach. I guess it could vary in specific areas.

Hi streetwise

I think you’ve hit…[Read more]

Originally posted by pelican:
I suggest you have a good read of the Draft SEQ regional plan…. It’s available at http://www.uom.qld.gov.au Cheers Pelican

Hi John

I’m an investor /developer living in a SEQld regional centre. Two tips:
1. I second Pelican’s advice re the SEQ regional plan. Download and study it very, very carefully.
2. If you…[Read more]

Originally posted by Derek:
Hi Angel, Give Julia a call at http://www.bantacs.com.au – Julia posts/posted here from time to time and can also be PM’ed. Derek

Hi Angel

Just adding my voice to Derek’s recommendation re Julia @ Bantacs: she’s one street smart lady!

I gather from your reference re the Gold Coast that you probably live in the southern…[Read more]

Originally posted by lifeX:
I can increase my current total property portfolio at 80%LVR by 170% at a cost of 3% LMI + refinance costs.[devil]
What are your thoughts on this? Lifexperience

Hi LifeX

I’ve done very well over the past couple of years by increasing my LVR (otherwise known as “due diligence gambling” [biggrin]) so I could buy more…[Read more]