Total Members: 159,187

LeonR

  • LeonR replied to the topic Carpet Beetles…eating our carpet in the forum Help Needed! 10 years, 9 months ago

    Seeing that your property is in Mackay – Queensland …..

    I remember hearing of one guy in Queensland that had a similar problem to yours regarding carpet beetles. Thinking outside of the box he caught about a dozen cane toads and placed them inside his home. After about 2 weeks most of the carpet beetles where gone and the well fed cane toads…[Read more]

  • LeonR replied to the topic Subdivision in Perth (capital gains) in the forum Legal & Accounting 12 years ago

    Derek and Richard many thanks for the information.

  • LeonR replied to the topic Property bust not here yet … worse to come in the forum

  • LeonR replied to the topic Nathan Birch in the forum Help Needed! 12 years, 1 month ago

    I am not writing this to knock Nathan Birch, as I do admire what he and his team have achieved in such a short time.

    From Nathan's Binvested facebook site, a few comments made by some of his clients:

     "in the last 12 months we have purchased another 7 properties, and will be shortly settling on another 4."

     "We now have 3 properties -…[Read more]

  • LeonR replied to the topic Has any one ever bought an apartment as a investment? in the forum About a week ago I saw on 12 years, 4 months ago

    About a week ago I saw on Foxtel a show called Your Money Your Call, hosted by property guru Margaret Lomas. One of her guests mentioned that 85% of apartment blocks completed since 2000, have some type of structural defects.
    The three most commonly cited defects are,
    1. water leaking within the building
    2. internal and external cracks
    3. water…[Read more]

  • LeonR replied to the topic Has any one ever bought an apartment as a investment? in the forum Help Needed! 12 years, 4 months ago

    Derek wrote:
    Hi JP,Never bought one – probably never will. Being OTP there will be significant financing issues you will need to consider as the vendors and their contract will require you go unconditional within 30 days (or similar) BUT the bank will not provide unconditional finance until they can value the property – and this only happens…[Read more]

  • LeonR replied to the topic Long Term Investments in the US in the forum Overseas Deals 12 years, 4 months ago

    I have to agree with Nigel’s straight to the point comment.

    I visited Detroit back in 1993 and it was a basket case back then, with dirty slums, dangerous african-american gangs, thugs at every corner and crack addicts roaming around like zombies in downtown Detroit. I do remember feeling sorry for the police and paramedics having to deal with…[Read more]

LeonR

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