I’ve been the property manager here for four years, it’s a peace of cake. First the tenants that you choose to put in your property.
I had real estate practacally begging in the street, “We OFFER 6%” , “WE OFFER 6%” take us.
Most I’ve known and that’s not much (compared to how many are out there) but seems each real estate I have asked offer a 7% negotiable rate deppening if your an investor or how many properties you might want managed. I think it’s rediculous in some places i.e. Tasmania at 12% or something.
Ok if you want to stick up for property managers, but I suggest you go out and stick up for them.
It wouldn’t be higher then 7% if that’s not what the people would accept.
I appreatiate the job they do. I was actauly saying that it’s a good job. And giving myself ideas of how that would be a good job to do.
Hold your horses, there’s a few mortgage brokers getting asked about the loan I want…
The loan application is just a matter that will be inevitable. Depending who picks up on this!
But the bottom line with me is who will be there in the beginning. This is a very strong consideration and deciding factors to who I will be with in the future.
I know I’m expressing this now, but that’s the way it will be.
I liken it to a dog(this is in greyhound terms[biggrin]) the runt of the litter (this is the Country knowledge coming out in me!), you take someone and give him a Go (the same as helping a pup, ‘the runt of the litter’), and i garrantee you the future for the person who does that, will be good, for all those involved. To make money in property investments!
I can tell you this, and that I had nice conversation to Leonie, a nice person.
I don’t want to get to far off track with Still_In_Schools thread [biggrin].
Possable dad will be buying a bit of land up around The Murray, I have inpired him to want to buy his own HouseBoat. Since he knows i will be up there, i think he will probably do that. So will have somewhere to put it and others i think I might make if things go right!! But have a block to put the boat on with the local so far.
I can explain more when I get there, the situation i have is that, if using a commercial boat. That’s when all the big dollars come into it.
But if you use a boat that’s trail able, so therefore you can take the boat out of the water when not travelling or past the extended time that your aloud on the river 30 days or something. And or take the boat out of the water and more it on land so to speak, so I can have it moved onto land a fairly minimal cost maybe $100 depends who I get to do it, who I know up there.
But that’s just it, it’s an exploration and I’m about to do, right now, here, I’m sending this from in the Houseboat on drums on land 600 kilometres away from the Murray river destination.
I’m waiting or truck to come and pick me up and take me to the river!
Because the boat is a comfortable unit not to dis-simular to a flat or unit. It will be easily movable for those sorts of purposes. And then not having to pay for any commercial policies.
The registration I believe was very cheap I can’t quiet remember what the amount was now, I remember hearing it and it was very small minimal amount I think around $60 a year. I have the documentation somewhere, but these things are in process at the moment!
I’ve rented and payed every cent to the %^&$#ds but as of today, or this week I have been moving over into a HouseBoat I have biult. So no power bills, no rent, just gas and internet . Which I have to have, and I might have to eat food mmmm sometimes .
Kissing Goodbye to any rent to any land lords. But if the situation occured where needed to rent again for whatever reason. I would! It’s handy that you don’t have to choose your own property to buy. And life would be pretty tough without a landlord in the beggings. Getting a job getting a place to live. etc.
This is Cool advice Calvin, so does that mean you can buy a house that is suitable to divide in half and turn the house hall way ‘as I put it’ into two houses and rent one side.
If so this would be a very strong consideration to fit the criteria of my first Investment Property, which actaully is really my first home.
Does this split house set up qualify for the FHOG and able to be done the same as doing a Duplex?
I guess it does, because it has to be fair, whats good for the goose is good for the gander.
But I wouldn’t mind hearing some clarification from you.
The trick is when you get to 90 before adding the last 10 most people will, think, because there been adding 1,000 aech time…they will picture 1000 in there mind. And add it to be 5000.
So they think 4090 then plus 10, 4100 but might think the 100 to be 1000 and add it to 5,000!
I’m always a bit reluctant [blush] to put my own links in.
You know property Investing is the only place where I have told anyone about my links. In four years I never told anyone where I had made web sites. Just in practice and experiments..told one or two around home..
Your such a receptive ‘Nice’ bunch. You(s) have got me! I have warmed to the site.
I refresh this! Yes i realize it could have been annoying. But it was only on there for three days! Off now [biggrin]. I hope you keep enjoying it, and thanks for the compliment.
I really don’t know what the charges were a kilometre. But I know it was very dear. In fact that was the dearest part. Get that a lot cheaper and i rekon make a lot more money!
Victoria – I can ask what exactly was the freight price and or divide it by the kilometers traveled.
“You qualify ??? You’ve never owned a property.
Surely the first home owners grant is only for the purchase of your first ever home?”
That’s right. I’ve never owned a property and or purchased a first home.
I’m the same as a young guy that purchased my grandmothers recently deceased estate at 70k, he is an 18 year old and qualified for the $13,000 grant including the bonus ect.
I know this because my mother was in charge of the administration of the sale of the property and the bloke I know pretty well, because he is the ‘Local Bloke’ Mitre 10 employee.
I have organized my property lawyer, she will handle everything and I will be sending all the details back home to her. In the home town (just near where I grew up in).
I have discussed it with her. I have showed her the plan and she knows what I’m gunna do. I will deal with one lawyer, probably for many years. She is switched on and up with the Internet age, and quiet prepared to communicate online via e-mails and transfer fax contracts and whatever need be!
You can also apply and probably receive ( deppending on your curcumstances) the $5,000 bonus for first home buyers. If you a planing on purchasing in Victoria.
So with the common grant of $7,000 and the $5,000 bonus and about around $1,000 in stamp duty waived. That can take $13,000 off the deposit of the house.
So therefore you can actaully buy a house with no money down at all, if you are a first home buyer and if it is a property about 40 to 60 thousand!
You can move into the property on the 364th day and rent it until you move in on that day for the 12 months before hand.
So this is what you can do:
1).Buy house put a tenant in it (rent it for 364 day).
2).Then you move into it for the 6 months that you have to live in it (on the 364 th day)!
3). And in Victoria receive up to $13,000 in government grants payed for (provided you qualify). I’m not sure of the exact criteria but I know I qualify.