Thank you Redwing for your comments.

Last year, I had a short chat with Metro Concept in Osb. Park and he said that it would take up to between 9 mths to 1 year to complete the two 4x2s. Total cost 250K, fully built.

Do you think it’s best to wait a bit longer to see what’s going on before either sell up the block or start building ?

I have a duplex block in Embleton and am looking to build two 4x2s. I think I might be over capitalised, if start building ?[]

Would someone in this “WA Investors” group please point me the right way or share his/her comments in regarding to building houses ? Rental wise or sale after built ?

I am sorry to be totally off the topic here.[!]

I was last at St Pat’s in 1982, now living in Perth. Does St Pat’s do any reunion stuff that you know of ?

I drove past the college once in a while, on my way up north fishing but never have the guts to come in. It would be good to catch up with old friends and reminisce….[]

Thanks in advance.

It’s best to come along to the inspection and inspect the property for yourself, once in a while.

I read the previous report and then went to inspect the property along with my property manager and I found there were a lot of things that were not reported. Little things that could have been done to make your tenants happy to keep on renting or…[Read more]

I saw an ad for free blocks of land, ready to build, in Bruce Rock, a couple of months ago.

I saw a house, old but liveable, on a 1000 square metres advertised for 5K in Kondinin, 2 weeks ago. The timber alone in the house would be worth at least 4K.

There is an investor group that does wraps for houses if you are heading to Kambalda or…[Read more]

I started reading this book 5 years ago; didn’t read it cover to cover, just skim thru sections of it while sitting in the dunny.

Back then -ve gearing was the hype, and since we had paid off our house so we decided to puchase an IP. This book gave us the courage to purchase our first one and especially the do and don’t of purchasing an IP in…[Read more]

I am definitely with you on that one Harold.

Sorry I had to miss our first meeting.

Would it be possible for me to have the minutes of the meeting via email or posted on this site.

Thanks in advance.

Hi all,

I would love to meet everyone, say over coffee in Joondalup or Hillary marina..

This would give us an opportunity to meet everyone and share our ideas. My investments are mainly Bayswater area and would like to broaden my investment base as it is “Too many eggs in one basket” in my case.

It would be great if either Tracey or David to…[Read more]

I am not familiar with areas South of the river[] but as for North and East[], try these:

– Armadale, Kelmscott, Thornlie
– Lockridge, Beechboro, Midland
– Koondoola, Balga

With these property ranges from 90 to 140K, rental ~$140-150/w and vacancy rate is less than 4%, you can practically start +ve gearing already if you can find the right…[Read more]