Tools,

Do your people get long service leave? I have no idea if people working in smaller organisations or businesses do, so now it’s the time to ask :o) Are your people (employees) on contract or is the work permanent?

Redwing- uni or trade… I think it’s a matter of people’s skills. Some want to work with their hands, and others don’t. All…[Read more]

Syoung,

Seems you’ve spent about 93k on the place and you get $110 rental. When you say “refinance”, what do you mean? Get a valuation done? Or change banks? If oyu’ve fixed up electrics, the roof, and plumbing, that’s not really “improvements” (such as a reno- new bathroom, new kitchen etc. might be). What you’ve done is more bring the property…[Read more]

Marky,

I generally have a rule not to disrupt tenants too much, so I usually stay with the PM they are paying rent to. If I don’t go with that one (or there’s no tenant so it doesn’t matter), then I will go with the RE that sold me the property. I’m all about continuity and lack of hassle, so I just go with them.

With the last 2 IP’s Ive…[Read more]

Happy to meet up with you again, guys- it’s been too long, and that venue was surprisingly gorgeous :o)

Any other sydney/regional people interested in property might want to come along too :o) *pokes Jason* *pokes Rugby* *pokes Celivia* *pokes Mel* *pokes all pokeables* hehe.

kay henry

redwing :o) Good point. I go to three or four conferences a year, and the last one I went to, I checked out my IP, and signed my contract- it was good timing for me :o)

Conferences and work-related trips are a great way to check out RE all over the country, and to check out the “vibe” of a place.

kay henry

Marky,

The owner will get a copy of the RTA (lease) if managing through a PM.

kay henry

hehe- you guys are fuuuuuunny!

Spinsters on the Forum.. PG is handsome and gentle and has no bad habits, and he has unknown IP’s (but I hear he has lots).

PH- how’s the Broking business going? You didn’t take over Pisces run, did you? He was trying to flog it off some time ago. Do you guys still see him at your Ashfield property meetings?

kay henry

Ali,

I still put it down to the “how” of mking money. I can’t imagine buying up stocks in armaments, when one might know that a war might be happening somewhere. No point selling one’s soul. I’d never be able to sleep. I don’t care how rich someone is- it’s not what I aspire to. It’s why I don’t identify at all with authors like Kiyosaki, and…[Read more]

Ali,

I was kind of meaning “facts” like – the current Federal Reserve interest rate, the price I paid for my IP’s etc. I don’t really mean bigger things. Sonja, for example, just made a statement that is “fact” for her- there is one creator. That’s not the fact that I was speaking of. I am not really into those kinds of truths- I am a…[Read more]

Julia,

Do you have your own people in sydney who do seminars like that? And no personal development- that’s refreshing.

kay henry

Rotorog,

It depends also, on how much money you have to chuck around. With neg gearing, you have to have some cash to put into the investments. I don’t see that as a problem in itself. Others do- and want to only make profit, without any contribution themselves.

Given that growth might be limited in the next few years with a slower market, yield…[Read more]

Yeah Derek, got Skata’s double entendre :o) I just thought I’d make it a triple entendre with the horse thing

kay henry

Skata said:

“There used to be some cheap mounts in the Fortitude Valley but all have upped their prices recently ”

I presume the mounts you are referring to relate to my horses comment, Skata :o))

“Horses for courses ”

kay henry

Yorker- is this an ad? Do you have a vested interest in this product? If so, you know you can’t advertise. If not, just provide details of this research or report on here.

kay henry

Mark,

You can have your opinions on wraps and crappy places, just like the rest of us do. This place is about people having discussions on real estate. It doesn’t matter how long you’ve been investing- your opinion can be expressed- and it will probably be challenged, just as everyone’s is. Take the insults with a grain of salt- there’s a wide…[Read more]

Mortgage Conultant, PG? What’s that mean? Are you broking now?

kay henry

andreaw,

Wouldn’t the BC be insured? I don’t think the new Manager would be responsible for old outstanding funds. I’m not sure why you think she would be.

Can the members of the units just wipe off this debt ? It seems a really small amount (seeing one lot has just been paid off- does this mean there is only $250 owing?) Do you have much money…[Read more]

They’re dead:

http://www.consumer.qld.gov.au/oft/oftweb.nsf/0/3F823B260C88BB424A256D280020EFD4?OpenDocument&L1=News

http://www.consumer.qld.gov.au/oft/oftweb.nsf/0/6207290ADB006E6C4A256B43002C2BAB?OpenDocument&L1=News

kay henry

lil_man,

don’t forget the new stamp duty exit duty (2.25-2.5% or thereabouts) paid on profit over 12% when you sell your IP (if it is a nsw IP).

kay henry

geo- don’t be cryptic [tongue]

Dunno what policy you’re talking about. Basically, there’s a no-advertising policy, and a general policy about not being defamatory/abusive etc. If you want to talk up Robert Allen (is that what you were hinting at?) or criticise Jenman, then you wouldn’t be the first to do so. You can say what ya want, and anyone…[Read more]