Forum Replies Created

Viewing 4 posts - 21 through 24 (of 24 total)
1 2
  • Profile photo of KevmanKevman
    Member
    @kevman
    Join Date: 2002
    Post Count: 24
    April 10, 2003 - 12:56 pm

    I think that some markets will definitely see substantial falls – specifically the apartment marketing. The RBA has been airing some concerns about this and if Money magazine is also doing the same then I think this party is over.

    Other areas will definitely see a slowdown or stagnation of prices.

    I don’t hold to Hillary’s view that a lot of people buy how people on this site do. Many that I talk to say that it’s a good deal if you pay 300,000 and get 300/week rent. The deals that I do that qualify for the 11 second solution is considered amazing by them. I don’t think it’s amazing – just knowing your market.

    Profile photo of KevmanKevman
    Member
    @kevman
    Join Date: 2002
    Post Count: 24
    April 10, 2003 - 4:21 am

    The other advantage for using an agent is for protection specially if you have rental default insurance. In the top post the insurance company may not pay out as it deemed that the landlord was negligent in not having a signed lease or bond. If an agent did all the above things you could still claim your insurance and the insurance company would chase the agent for restitution. If you didn’t have that sort of insurance you still may get some sort of restitution from the ACCC or other consumer advocacy group.

    Profile photo of KevmanKevman
    Member
    @kevman
    Join Date: 2002
    Post Count: 24
    April 10, 2003 - 1:40 am

    I’m just curious in why you decided not to use an agent to manage your properties?

    Profile photo of KevmanKevman
    Member
    @kevman
    Join Date: 2002
    Post Count: 24
    April 8, 2003 - 6:06 am

    Steve

    When I hear you talk, you often state that property investing is a people business. The assumption is that this new book may contain a lot of that wisdom.

    People and Property Problems
    How I solved 130 problems to financial freedom.
    By Steve McKnight
    Melbourne’s property king

    I put the tag line after the author because I checked my various real estate books and virtually all of them have an author tag line. I just tagged the ACA label on you.

    The only reason I dropped out the property mention is that to some people 130 properties sounds like a nightmare rather than financial freedom [:)]

Viewing 4 posts - 21 through 24 (of 24 total)
1 2