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  • Profile photo of lulu1lulu1
    Participant
    @lulu1
    Join Date: 2004
    Post Count: 32

    Hi

    Could you send price and would this be current not sure if Cherie changes things year to year

    Thanks

    Lorraine

    Profile photo of lulu1lulu1
    Participant
    @lulu1
    Join Date: 2004
    Post Count: 32

    Oh  I clicked on the link and found the answer  

    Do you think this information would be current for todays property investing as in 2014 

    Thanks

    Profile photo of lulu1lulu1
    Participant
    @lulu1
    Join Date: 2004
    Post Count: 32

    Hi 

    Do you still have

    Thanks

    Profile photo of lulu1lulu1
    Participant
    @lulu1
    Join Date: 2004
    Post Count: 32

    Hi 

    Who has written this course

    Thanks

    Profile photo of lulu1lulu1
    Participant
    @lulu1
    Join Date: 2004
    Post Count: 32

    Yes to all the above I was first with boyles in abbout 2010 was extremely unhappy with their service after about 6 months  I changed  over to LJ Hooker PM is Gayle  Yes To Lease renewal  Inspection reports I think I get 2 a year they also contact me asap if atennant requires anything done or any repairs etc I always give them the go ahead so I keep our Tenants happy and she has asked us to put rent up for a while we are the ones who have been holding back  and have only just agreed to an increase.Good Luck

    Profile photo of lulu1lulu1
    Participant
    @lulu1
    Join Date: 2004
    Post Count: 32

    I have a rental in Muswellbrook and I am very happy with LJ Hooker property manager name is Gail

    Profile photo of lulu1lulu1
    Participant
    @lulu1
    Join Date: 2004
    Post Count: 32

    Thanks xdrew as i have bought already in Muswellbrook looking to buy in a different area
    So what your saying I shiould consider buying 30-40klms distance as I live on the top end of the Central Coast I could look at lower Hunter the other end of the coast Woy Woy area and maybe Newcastle as I only want to spend 300k and under I could buy in San Remo , Budgewoi. Gorokan, Raymond terrace, Bolton Point for example
    Then try to buy under value or do a slight makeover am I on the right track.

    Profile photo of lulu1lulu1
    Participant
    @lulu1
    Join Date: 2004
    Post Count: 32

    Thank you for explaining I now understand I just could not get my head around it . Working out the financials as to whether a property is a good one or not is very important to me.

    Thanks

    Profile photo of lulu1lulu1
    Participant
    @lulu1
    Join Date: 2004
    Post Count: 32

    Everybody is right of course last year I talked . researched spent time and got nowhere This week I told myself I was not going top waste another year so been to the bank today get pre approval said we were in good position so will know Monday how much we have access to . Also spoke to accountant as I really had no idea where the calculation of depreciation sat as far as in the figures so now I know that then I got side tracked as an agent I have spoken to for a while told me about a house in a mining town in QLD silly me I was considering yeah yeah should buy it rang Hubby told him about it I think he agreed cause he is probably sick of me looking and getting nothing .anyway I realised that this house was heaps more than what I wanted to spend 400K rent was minimum 800 per week but the downside was that it may not be tenanted all year DEC the Companys close and no one needs houses for maybe 2=3 months also no big shopping centres about an hour away from major town anyway at the end of the day I realised it was to a high a risk .?????

    So the good thing is the banks organised , spoke to accountant . Now I have decided that I will be happy to spend 250K – 330K looking for w a rent return of maybe 300 – 380 per week. Happy to buy anywhere in Australia so tomoz I will look at the back of the latest property magazines maybe look at the Hotspotting site see if I can get a hint or two . What I find hard is what you read and then when you go checking out the suburb the info is not always correct often the rents are not what is written frustrating

    Anyway new day again will try to keep moving forward

    I truly appreciate all comments they are actually pushing me to be more focused

    Thanks

    Profile photo of lulu1lulu1
    Participant
    @lulu1
    Join Date: 2004
    Post Count: 32

    Exactly that is why I want to do something about my over analyzing everything I spread my wings to far and i look at NSW then i will go SA then I will go looking in QLD. I do not even realise I am doing it I just sat back this week after a big night of searching on the internet ended up with nothing this is what I did for the whole of 2011 and I do not want the same for 2012.I am 54 and really want to get some investments under my belt would like to buy a few each year and then maybe sell down a few in 5-7 years and put the money I gain onto a couple I keep hopefully this will give me a income better than the pension
    I have spent today looking at some on the internet today but the numbers came back a negative 1 was 100 dollars a week the other was about 50 a week in the red I want something better than those returns so its back to looking sad to say but i average at least 2-3 hours per night doing the stuff I do. I am over it need to get on track have a plan and stick to it . Surely I am not the only one having this problem
    All suggestions are appreciated

    Profile photo of lulu1lulu1
    Participant
    @lulu1
    Join Date: 2004
    Post Count: 32

    Have just seen this topic very interesting reading it is very hard to know an area when you live so far away . I would appreciate any thougts on a area called Collinsville top part of the Bowen Basin. Just not sure any responses would be great

    Thanks

    Lorraine

    Profile photo of lulu1lulu1
    Participant
    @lulu1
    Join Date: 2004
    Post Count: 32

    actually I do not mind using my Cash  fior deposit but i am doing a 100% lend for finance is it ok to get my money back when finance is finalised or is that no longer a tax deduction if i have used mine for deposit ????????????????

    Profile photo of lulu1lulu1
    Participant
    @lulu1
    Join Date: 2004
    Post Count: 32
    • A QUITTER NEVER WINS AND A WINNER NEVER QUITS
    • PEOPLE WITH GOALS SUCCEED
    • WE BECOME WHAT WE THINK ABOUT

    REGARDS LORRAINE

    Profile photo of lulu1lulu1
    Participant
    @lulu1
    Join Date: 2004
    Post Count: 32

    To the person who just completed Destiny course can you tell me do you feel more confident doing your own research to find your own HOTSPOT
    Thanks
    Lorraine

    Profile photo of lulu1lulu1
    Participant
    @lulu1
    Join Date: 2004
    Post Count: 32

    HI ALL

    This quote is from xdrew

    {TIMING – how is the property clock turning in this area? is the area valued well, over valued or yet to happen? Will inflation or interest rates affect my purchase}
    where do you get this info from , is this in the back of property magazines and is it referring to the percentage growths over 1,3,5,10,years and could someone explain how to read these please
    Thanks Lorraine

    Profile photo of lulu1lulu1
    Participant
    @lulu1
    Join Date: 2004
    Post Count: 32

    Hi Allen
    Would you care to give name of the provider with  this Information is it maybe RP data or Residex ????
    Yhanks
    Lorraine

    Profile photo of lulu1lulu1
    Participant
    @lulu1
    Join Date: 2004
    Post Count: 32

    Hi
    Just like to say thanks to Tony for sending me the information on the suburbs I asked for they had heaps of info
    Regards
    Lorraine

    Profile photo of lulu1lulu1
    Participant
    @lulu1
    Join Date: 2004
    Post Count: 32

    I have tossed the idea around for  a while about buying these reports. The hardest thing to do is the research I would be happy to maybe put in with someone and purchase some reports
    Going through the research is so hard

    Regards Lorraine .

    Profile photo of lulu1lulu1
    Participant
    @lulu1
    Join Date: 2004
    Post Count: 32

    Talking about Residex Reports has anyone bought a Best Rent Report not sure if it is worth the money.I am looking to buy Investment for under 300K  so I dont know if the majority of the houses are expensive in the report ?
    Thanks 
    Lorraine 

Viewing 19 posts - 1 through 19 (of 19 total)