It's advertising here on the forum that most, not everyone… mainly newbies that don't know that it is not permitted. Specifically what you have referred to opens a can of worms as well.

Particularly the old solicitors who have knowledge of doing them when they we're popular post war days.

What's it all mean in plain English? Any regional towns benefiting what spots do you see as going good in the future from any of it.

Elders would not insure the property (strange!). So i read through the policy and applied online at Westpac at a $10,000 excess. Then i took a stroll over to NAB the same morning, to see how the mortgage application was going and dumped the Westpac policy in front of the manager. He went through and compared everything and got the excess down to…[Read more]

Yep, nothing wrong with old school… old school is GOOD. Ben you need that dogged determination to find the deal.  20 to 25% is minimum i would be looking for. There is deals around to problem i find is that people don't have the bravery to do it.

Does your agency provide a guided tour the same as we are accustomed to with our agencies? I'd like to be picked up free and flown to Egypt to asses some of the sights to establish a development business plan.

Getting a Licence to Occupy to renovate before settlement is not as easy as the theory. Agents do not know if you will get stuck half way through a gutted house and everyone will loose and the vendor stuck with a house they can not sell for the price they want. The Vendors solicitor also advises the Vendor and will probably advise not to allow…[Read more]

Agent says that letter offers out here are rare (in the bush). I bought the only and last two deals with offers over the phone!

So if i'm talking to a bloke and we have a beer and draw on the back of an envelope and it's signed it's a done deal.

Really!

Agents pull out of accepted offers all the time or i should say either the agent talks the vendor out or a vendor changes there mind. I had one accepted then rejected couple weeks ago. It is when the contracts are signed and exchanged that it is more concrete i think. So i would not be scared to have a few out. Though no right or wrong you could…[Read more]

Or chat to someone in the neighborhood. Locals often know lots of things esp if you find the gossiper in the street.

What criteria suits your fancy Richard?

Good one Richy!

API publish it in the magazine for all suburbs each month. Also if you ask the rental places how many rentals are on there books then count there paper print list from the office of the vacancy's, then calculate the percentage. Then if you do this for a few agentcys you will get a very accurate idea! Still it could come down to how well to seek…[Read more]

It's a horrible term. Could you think of a better way to describe it that seems more relative to these times?

Yes i put it to you to serve couple of  purposes! For me, I am curious to learn as you unfold with this as it's interesting and something i know nothing about as well as putting the question out there for anyone else that might answer it for you. 

Thank you. Thanks for your post!That's right i don't want to whinge about it later on i want to know i am responsible for the decision i made and lump it later on if i got it wrong. Your post sounds like a credible one! What kind of things was it that you compared that you wanted in for your investment properties? 

What information could you inquire about from people that have built similar houses not to much distance away along the coast?

No it's a title problem. One number on the title is incorrect! Looking at the property from standing on the street a measurement is taken from the left corner to the right corner. Instead that number on the title measured spanning across including the next doors property. Because the title was not updated years ago when the block was larger and n…[Read more]