hehe Manic- bad luck about the footy… it IS footy you’re talking about? :o)

There’s some interesting threads on “status” on here, Manic- I’d pull up the link if I wasn’t dog-tired. As for me, my political nature is anarchist, so I don’t really distinguish between “average” and successful or whatever. One of my oft-quoted favourite thoughts is…[Read more]

Diane and Freak,

I’ve noticed it is my cheaper property, that needs more repairs/maintenance- anyone else noticed that? Cheaper = cheaper rent, but more maintenance. Given that tradespeople don’t charge on a pro-rata as per rental income basis, it’s annoying.

You’re right about tenants being entitled to live in a liveable space, for sure. Makes…[Read more]

I think this is a good example of why we should take taxi drivers’ photos when we get in their taxi- a “smile (just in case)” thing [hair2]

kay henry

Hey Squash

I’m an average Joe. I just have a love of property. There’s multimillionaires on here, and folks who don’t yet have a property. I sometimes think there’s too much emphasis on heirarchies. I’d like to think that anyone- no matter how average- can have an opinion on anything- no matter how average that opinion might be

kay henry

NEWGEN,

Amazing that there might be some people who’d nick a wallet :o( I remember at work one day, a guy who I worked with said that he and his wife got a big “bonus” one day when they found a wallet with 500 bucks in it. The wallet also had ID in it, but they chose to keep the money. I couldn’t believe this guy was bragging so openly about…[Read more]

Thanks wayne…

Can I ask wayne… are you into the kinds of theories he’s discussing or the way he discusses them?

kay henry

This one’s for all the cheapskates :o))

http://www.yourmortgage.com.au/features/mymortgage/

kay henry

http://www.cgu.com.au/index.shtml

kay henry

Jeff- good question

New construction declines -> Unemployment increases -> affordability reduces -> demand reduces.. but meanwhile, prices fall due to reduced demand, so affordability can increase. I think we see evidence of that happening now. If prices were still at peak, that’s when affordability is hopeless for new entrants to the market,…[Read more]

sam :o)

I think the way some people on this forum can get 10+ investment properties in a few years (and not on a huge income), is not to buy the big 400k number, but to buy rather cheaper houses. So if you decided to, you could buy 8 X 50k houses… instead of one 400k house. Then you could say you had 8 houses

The theory (and practice, for…[Read more]

Thanks Mel

I checked out the Adelaide forum website. I guess some folks have decided to move the seminar focus from “rich and happy” (mind) to “rich and healthy” (body). I don’t much see the link between wealth and body, much. Actually, nor do I see much link in wealth and mind- hehe. I just see money as money

I reckon you’ll be kept busy with…[Read more]

viral,

I think it’s important to develop a good relationship with the RE agent when you decide who it will be. There may be times when you feel you need to contact them (“is it sold yet? is it sold yet? ad infinitum…) so it’s good if you choose a RE agent you can relate to- not completely based upon price and bottom line- but also on how they…[Read more]

viral,

I seem to recall I paid about 2.75% commission when I sold a place recently, plus $1000 advertising costs, and about a thousand bucks to my solicitor.

kay henry

boronia just lost about 15% of its value, rogue (35k according to that article). It’s so far out is it still considered eastern suburbs?

aussie- waddya think of the bible belt suburbs? In sydney, they’re awful (but growing).

kay henry

Ferris,

This article “names names”. I think though, that suburbs that have “lost value” can be the ones to look at. If you are looking at suburbs that have increased value, then you’ll be paying premium.

http://www.heraldsun.news.com.au/common/story_page/0,5478,10294132%255E2862,00.html

kay henry

wayne, and heya Life (cute curtain smilie- I love that one) :o)

Cynicism can happen, but I work on critique and analysis. I’m an optimist and I believe what people say, so (thinking about the Victor Ollis thread), I believe something can be ok, until I read evidence to the contrary. But I research everything like a mofo, so I find out what I’m…[Read more]

“Property VS Shares, at the sydney Money Expo this Friday (today) @ 1pm:

The Great Debate
Louis Christopher, Pam Walkely, Patrick Bright, Angus Geddes, Ron Bewley, John Aldersley

Title: Property Versus Shares
Time: Friday 1.00pm

Don’t miss this exciting debate that will allow you to hear presentations from the experts and ask direct ques…[Read more]

Thanks shaun for the article. It is, to me, a reminder that property is a long-term investment. I’ll just be happy to pay my properties off and have them as assets. CG’s a bonus, and even if property experiences negative growth, at least one has rents I think if one buys and holds for the long-term (45 years?) then at least value-maintenance is…[Read more]

Henry,

Here’s a meaning from the ABC’s “word of the day”, which includes the origin of the word:

Gazump

Kel Richards writes

The word gazump basically means to cheat or swindle in some way. It’s most commonly used in real estate deals. One form of gazumping involves accepting an offer on a property, and, before contracts are exchanged, goin…[Read more]

If you write your story in the MM mag, you win a 12 month subscription to the mag.

kay henry