Thanks for the great stories and comments. I just can’t believe that someone would actually legislate against dogs barking! Did they write the rules in dog lingo so that the dogs would get it?

Andrew, as i am currently overseas myself, I don’t even dare to think what’s really going on at my property . I am going to take my chances with this lady…[Read more]

Currently, I am the BC as I own all three units. I havn't put any rules regarding pets in the by-laws. However, none of my tenants have a dog or a pet (as far as I know). Personally, I have no problem with a dog at the property. I guess what I am asking is what is the likelyhood that my tenats move out just because a dog moves into the block.…[Read more]

That's great news. Many thanks for your comments.All the best HoBe

Great, thanks for all the tips. Managed to find a good broker who actually knew this particular property.
Thanks for all input.
Cheers

HoBe

Thanks for a great lesson in how the other side (prospective tenants) is thinking. I hadn’t thought of that.
Learning by doing!
Ta

HoBe

Aha, thanks for that I have always wondered how it works.
Good luck with your investment group, great initiative.
Cheers

HoBe

Really inspiring to hear about all the deals. Thanks everyone for sharing.
I too am interested in how to find commercial tenants like Dazzling did? Does anyone have any suggestions?
I was thinking of :
1. Asking REAs about people enquiring about leases.
2. Look in local papers for ads?
3. Actively advertise for tenants before I actually have a…[Read more]

Hi Skyh,
Can’t give you much help with your first question, even though you could use the existing building approvals to learn what is being built (can usually buy a list of all approvals and what type of building they regard from the city council). Then you can see what is missing.

Regarding your second question about subdivisions, the city…[Read more]

Howdy,
PRDnationwide has a free research tool for demographics and past growth history that is quite useful. Unfortunately the data is for 2003/2004 so it’s not very up to date. Gives you an idea of the suburbs though. Go to http://www.prd.com.au/research/(gkkt5k55g0zgcxes2nrarhuu)/Default.aspx.

There is also a free postcode profile from “Property…[Read more]

Thanks so much for that Adam, I really appreciate the tip.

I’ll go along tomorrow and have a look-see – I’ll get back soon on this!

All the best,
mr

HoBe

Cheers redwing,
yeah, I’ve considered partnership with them, but I’m not too comfortable with that solution. We have very different goals and approach to money.

HoBe

Hi Stephen,
sorry, don’t know about any freebees, but http://www.propertyvalue.com.au/ has a good sales history report burb by burb with address, date and sale price. The report costs $39, but it doesn’t state block size or # of bedrooms.
Have fun
/HoBe

HoBe

Hi Nick,
I can only agree with PurpleKiss. Give both Steve’s books a go. The second one is definitely a mind opener. One of the take home messages is, Stop looking for CF+ properties, make it happen instead. It’s really fun!
Good luck

Steve McKnight
1. 0-130 properties in 3.5 yrs
2. $1000000 in Property in One Year

HoBe[suave]

HoBe

fantastic, thanks so much Jeff.

HoBe

Thanks Terryw,
Sorry, I should have mentioned that I live in Brisbane. I’ll check out your previous info on the topic. I might also look into other financing options, like finding a money partner or revalue after renovation, but prior to settlement. Is that actually practically possible? All lenders I have asked about this say that they will only…[Read more]