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HoBe
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@hobe
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Post Count: 31
August 25, 2009 - 6:38 pm
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 and her dog. I’ll take some precautions and put down in the by-laws that the dog has to be quite after 6 pm .
Anyway, my tenants asked me to build a higher fence, because a big scary dog from the neighborhood was coming into the yard. Who knows, maybe the small yappy dog will keep it away .
Many thanks for your insights.
HoBe
HoBe
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@hobe
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Post Count: 31
August 24, 2009 - 12:06 pm
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.
There is a yard, but it's not partitioned between the units. Thanks for the tip about the by-laws, I will add a clause about the rules of keeping pets.
I have no idea if the dog is yappy .
HoBe
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@hobe
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Post Count: 31
September 28, 2007 - 6:02 pm
That's great news. Many thanks for your comments.All the best HoBe
HoBe
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@hobe
Join Date: 2005
Post Count: 31
August 17, 2006 - 10:39 pm
Great, thanks for all the tips. Managed to find a good broker who actually knew this particular property.
Thanks for all input.
Cheers
HoBe
HoBe
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@hobe
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Post Count: 31
August 3, 2006 - 3:04 am
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
HoBe
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@hobe
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Post Count: 31
August 2, 2006 - 10:35 am
Aha, thanks for that I have always wondered how it works.
Good luck with your investment group, great initiative.
Cheers
HoBe
HoBe
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@hobe
Join Date: 2005
Post Count: 31
August 1, 2006 - 11:53 pm
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 property.
Are there any other better ways?
I also have a general question that applies to Dazzling’s case. If the tenants are happy to pay a price for a lease that well and truely covers the interest, how come they don’t buy a property themselves?
Is it because lack of a deposit? Shortage of suitable properties?
Thanks QL for starting a great thread. I’m learning heaps.
Cheers
HoBe
HoBe
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@hobe
Join Date: 2005
Post Count: 31
July 30, 2006 - 12:21 am
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 council is definately the place to call first. You can never know for sure until you submitt an application, but all city councils I have spokn to are extremely helpful and can tell you if other lots in the area has been subdivided and if there would be any obvious problems with subdivision of the lot you are enquiring about.
In Brisbane, the application alone costs $3500.
I hope this is of help. Good on you for getting into the game.
Cheers
HoBe
HoBe
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@hobe
Join Date: 2005
Post Count: 31
July 29, 2006 - 12:11 pm
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 Value” at http://www.propertyvalue.com.au/postcode_profile.php which includes demographic data.
Have fun [exhappy]
/Paul
HoBe
HoBe
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@hobe
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Post Count: 31
February 27, 2006 - 6:52 am
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
HoBe
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@hobe
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February 1, 2006 - 1:49 am
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
HoBe
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@hobe
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January 24, 2006 - 2:30 pm
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
HoBe
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@hobe
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January 24, 2006 - 4:54 am
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
HoBe
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@hobe
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January 19, 2006 - 5:08 am
fantastic, thanks so much Jeff.
HoBe
HoBe
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@hobe
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January 9, 2006 - 2:05 am
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 lend for what ever is lowest i.e. purchase price or valuation.
Many thanks
HoBe
HoBe