I think the term “property proteges” implies that it was not rene rivkin or harry triguboff who made the bucks.

kay henry

Matt,

Not sure the vendor would go for that. If you buy a place untenanted, I think it’s the new buyer’s problem.

Ko, I bought a place recently, that had no tenant, because the vendor wanted to be able to sell to an investor or an owner occupier, and not limit her options. As soon as I said I was an investor, she got in a tenant- good for her…[Read more]

Speaking for myself, me, personally, toad- hehe… couldn’t resist… [baaa].. interest rate increases of 5% would be difficult. I too remember when IR rates were 17%- fortunately for me at that time, I had money invested at 18%, so I was on the other side, but a 17% mortgage would have done my head in.

“That time of the month” (when the RB…[Read more]

Desk Top,

Check out if you can opt out of the agreement with the chain and rent privately (although you’ll probably find then, that the rental yield might be lower and you’ll have to pay outgoings). Basically, you’ll be buying a motel room in the deal… although some of these serviced apartments are now 1 and 2-bedroom units, so you’re actually…[Read more]

Looks good, Steve :o) I like colours.

kay henry

Oh, a cult has moved to Hamilton- the Happy Clappers- hehe- too funny )

I always remembered Mildura as another country town. You’d have to buy cheaply there to make it worhwhile, I’d reckon. It will never have the reputation that coastal areas or capital cities do.

kay henry

There is no cooling off period anywhere in Australia for auction, and there is no cooling off period in WA for private treaty sales either.

Glory, do inspections before you bid, and you’ll be fine. I don’t sign a contract with private treaty until I have done my inspections and know I will be buying the property.

Auctions are a matter of caveat…[Read more]

hehe redwing That reminds me a little of the anecdote that if Karen Carpenter had have eaten the ham sandwich Momma Cass ate, both would still be alive today. Mine’s a bit (a lot) tackier than yours, but so am I :o)

kay henry

Actually, Patrick, I am extremely improper

The lack of capitals… well, sometimes I do that, although I am a grammar nut at other times. Not using capitals on pronouns is something that became a bit of a radical “movement” at one time, a kind of anarchist statement, and backlash against formality, I guess. I’m pretty conscious about words-…[Read more]

Dunno Barnesey, but perhaps a hero or heroine is someone other people look up to. Perhaps many people see running and jumping to be as much of a skill as bravery is.

Probably in the days when there were no drugs in sport (or no testing of them), then people’s skills of strength showed they had some “character” or something (I am thinking in the…[Read more]

Doug,

I find my cheapest property requires the most maintenance. Cheapest property = cheapest rent, so it’s a bit annoying, because repairs cost the same no matter how much rent one receives.

I prefer properties that are newer, and require less maintenance. They cost more, and the rental yield is less, but the rent goes to my mortgage, rather…[Read more]

hehe. Monopoly, you have completely missed the point. You could have left the original post there- I didn’t see it as unkind. Your second post still doesn’t see the point I was making, but it’s ok. My “membership” as a “doormat” is funny. [biggrin]

kay henry

Monopoly,

Prejudice is always a bad thing. In reference to what I was saying, the term doormat is used by people who don’t understand. That’s what I’m saying. It’s why I deconstruct the term- it’s about choices. Not a choice to be a doormat…

Oh, I see you’ve removed your post.

kay henry

Sonja :o) No problems at all. And you’re entitled to express your views strongly. It’s funny… because the word “doormat” is a theme in another community I am a part of. Some people make choices to do certain things, which other people see as a lack of strength, or something. Whereas I see these people as having the utmost strength. They’re…[Read more]

Marky,

I know nothing about technicalities and setups etc. What I was gonna contribute is that I pay extra into my IP’s each week, as set up by my Bank. I don’t have an LOC, but I have redraw facility. I guess I can use this if I have extra repairs etc. Always good to have a backup.

kay henry

hehe Gatsby- cute :o) I like Geoffrey Rush- he’s one of the activists about the FTA- not sure about Steve Vizard though, although he has managed to keep himself out of trouble and out of the limelight. Didn’t he have something to do with Rene Rivkin? You gonna show me some culture when you come to sydney?

kay henry

Gats, how come you’ve got an audit?

And I do believe Jesus would have done it the same, as would have Ghandi, and Nelson Mandela. Look at Nelson Mandela- not a bitter guy at all- and he has always continued to fight for his people- but he has never been a doormat.

Being honest is not about having a lack of boundaries. As I said, I won’t work…[Read more]

Goow will often doesn’t turn out well. There are examples of injustice being perpetrated on people all the time. We just make choices.

I mean, let’s put things in perspective… Jesus was a good guy and he got crucified- literally. But do you think if he had his time over, or he was on this Board, he’d do it differently?

I don’t see much point…[Read more]

Glauco,

You don’t have to go and see a property. You can do your own research on the internet. It depends on what and where you want to buy.

If you can’t go and visit properties (for example, if money’s a problem) then you’ll be paying a buyer’s agent that $1000-$2500 for the privilege of them checking it out for you. It’s likely that you’ll…[Read more]

tycoon :o) I think for everyone, it’s about finding their own niche. Property is great, but it has to be funded somehow. It is said that if you find a job you love, you’ll never work a day in your life. Thank God times have changed, and we can all try out so many different things. I’ve had so many different jobs in my life- sometimes working 5…[Read more]