I have looked at the figures as they stand the capital growth for 2007 was around 3.5% if that continues and we are able to claim all out interest then we will break even taking capital growth into account. I would think it would be about 3 years until growth returned to 5% or more in this outer suburb.We are also considering the option of selling…[Read more]

Hi there,I work in insurance and sell a landlords policy through my company though truth be told it is not great so I would reccommend the policy I use for my own properties which is through Terri Sheer a specialist landlord insurer. This and most other landlords policies will cover for landlords fixtures and fittings such as curtains, appliances,…[Read more]

Hi there,Having worked in real estate  in WA and currently in Insurance I thought I might put in my 2 cents worth here. Firstly the fact that it is strata titled property has no bearing on the need for landlords insurance. Landlords insurance shhould be taken as at settlement and I recommend you go through a landlord insurance specialist not one…[Read more]

I have access to a good broker , Russell Parry in WA through my work.  The set up with our company is that he is paid a salary instead of being on commission from any banks which means he really does look for the best deal for his clients rather than who is giving the best commission at the time. (No offence to other ethical brokers on this fo…[Read more]

The housing boom in Perth was the result of the mining boom which has in no way slowed and continues to underpin prosperity in this country. Prices no doubt will soften slightly with all the media hype but the demand is still strong and as investors with the shortage of houses in some areas there are some great positively geared deals to be had as…[Read more]

HI there,In summer in Western Australia these types of clearing particularly in the south West are necessary for the huge bushfire risk. As it is the middle of summer it is likely that there needs to be a professional do the burnoff  which would include the need for permits etc. probably a revenue raising exercise for the local Govt but also to e…[Read more]

I am also in WA and am happy to travel the 600km to Perth if only I knew a good financial advisor or accountant to go to. So Postenterprises if you find someone who is property savvy can you also let me know.ThanksNatalie

I am also in WA and am happy to travel the 600km to Perth if only I knew a good financial advisor or accountant to go to. So Postenterprises if you find someone who is property savvy can you also let me know.ThanksNatalie

I actually work in insurance and have gone with Terri Scheer  for my landlords rather than the company I work for (and get huge discounts from). The main reason is that they are specialist landlord insurers and that they cover not only malicious damage by tenants which can be hard to prove but also accidental tenant damage which is less…[Read more]

I have also recently discovered Steve Mcknights books and after spending some time trolling these boards it seems that it is the exception rather than the rule to find a "ready made" cashflow positive property. It seems that most people are buying almost cashflow +ve or cashflow neutral and making changes to either the property, marketing or…[Read more]

HI Are you saying you think it is ok for  the property being owned in my husbands name to be leased to the company who supply it to us as accommodation and then we can claim the tax deductions.  Because this is more in our favour than getting the allowance. When we intailly set it up the company was paying $575p/w  rent for our property which was…[Read more]

Thanks HG for pointing me to the magazine. I have seen them before but for some reson never thought of purchasing any. I have ordered the current and a couple of back issues to peruse.ThanksNat

In reply to Scotts post we already have 2 primary age children and most of our monthly income is already from a single wage my meager earnings just supplement. I would like to stop working and concentrate fulltime on investments while my husband continues his career and hopefully eventually my earnings will overtake his and he can reduce his…[Read more]

Its interesting to read your perspectives. I am surprised not to have been advised to sell my house in Perth. This option is playing at the back of my mind as an easy but emotionally painful way out. I could put some of the proceeds on the Kalgoorlie house reducing the debt a possibly creating a positively geared investment for the future and have…[Read more]

I can't believe it if we moved out of  our home and rented it out then our score is 315 and it said very good. This really is a new way of thinking I was always brought up to believe that renting is for losers as you are paying off someone elses mortgage far better to pay your own. Maybe I will have to find a good rental with a pool so as not to…[Read more]

We got -254 and can only survive today!!!  I am going back to see what my score would be if we rented out the home we live in and rented ourselves as it is the plan to make it an investment property eventually although kids may be disappointed as we just put in a swimming pool!!!