Developing is not, but particular collaborative approaches (like this one) are.

Simon dont be overly upset not being invited to exclusive womens business.

While women continue to behave in an unequal way then society (or men) will continue to treat them as unequal (just like all the other monority groups who feel they have a right to exclusivity)!

One day I hope all these groups understand the true definition of…[Read more]

Hi Wing,
Cant help for that suburb sorry. I would suggest go to http://www.residex.com.au and buy one of their reports.

Mat

Sorry, to throw a spanner in here, but the agent is full of garbage.

His prime driver like all sales is $$$ for the least effort.

So why would he negoitate down a fee? Then when you agree to a fee, why would he waste a lot of time negotiating a best price for you? What is the incentive?

I see no difference. Unless commissions are structured…[Read more]

Thanks for the post purplekiss.

Well I posted this thread at end of May its now mid Sept and I have had not problems with arrears. So yes it appears to work for those who cannot budget properly.

Mat

Ok ill start:
1. When the property requires attention the agent acts on it.
2. When there is trouble with the tenant and rent stops the agent is on it immediately. No nonsense.
3. When I have questions about reno work or ways to improve the property or rent the agent makes those recommendations promtly and offers indicative pricing.
4. The agent…[Read more]

Dont want to put a dampner on this, but the way I understand it the credit card is not the vehicle to save the money. It just defers 1 month of interest in the credit card balance.

Eg if you spend:
Jan 1000
Feb 1000
Mar 1000

You could pay directly from your LOC, or put on the card.

If on the card, you LOC will feel it something like:
Jan’s 1000…[Read more]

The Govt can always put a tax back in later. At least with other investments, although you are taxed, you can exit when you dont like the situation anymore. Cant with Super.

Happy birthday Mr Gen Y! And may you not follow the same path of the many Y’s and expect that richness will come to you!

Good luck!

This is kind of what I said in the other thread on this. After living in St Marys (quite close to St Clair) for 2 years I cannot see that an average 3 Br house would ever be worth 450k (from the pic that is an average house!). Its just not a 450k suburb. So to take this case and talk about a crash should be embarrasing for the owner as they…[Read more]

It really depends. In addition to Selling stuff, I would suggest:
1. Look and consolidating your debt
2. Get rid of your credit cards and pay cash. If you dont have the cash then you wont be able to buy
3. Spend 1-2 months writing everything down you spend money on. There will be at least 50 pw you could find. eg Do you smoke?, Do you drink?, Do…[Read more]

Hello,
Good luck. Dont just look at the optimistjc scenario, also consider what if the property does not go up? What will you do?

I think also you may not qualifiy for a FHOG if you already have an IP???? I think I read that somewhere.

Mat

Im still investing in Syd. But it just depends on where. Its a pretty big place. For example Mt Annon topped capital growth last year. And the Narellan/Camden area has had strong consistent growth over the last 10 years (according to residex).

I cant believe anyone would buy a house in St Claire for 450k!

Hello Mr Cloth,
We did exactly what you are thinking.

We found in the prahran, south yarra, toorak area you can find slightly run down 1960s-1970s smallist 2br for 250-300k. With a little elbow grease and 10-20k budget you can make a nice little place for 2 year stay that is rentable when you leave.

These areas are also very pleasant,…[Read more]

It sounds like you have done everything you should to try and reconcile the matter. This could cost you a lot of money and a lot of time from now until it is settled. So I guess, even though you think you are right, you can perhaps suggest a mediation service where a third party will help all parties through. Or you can take it to court. But it…[Read more]

The reason so many people make and lose money is because everyone adopts their own strategy. People make money in the most rediculous unheard of ways (eg the guy who traded a paperclip).

Point is, everyone has an opinion and everyone can make money. The trick is finding your niche. Yours may be +ve cashflow or you may find you do better buying…[Read more]

The downside is not getting what you want.

Figure out what you need from them and then meet with a few and see if they are comfortable with your needs.

For example I would only use a buys agent if they find property that matches my criteria. That is Im using them only to save me time (eg interstate purchases). It works better than me talking…[Read more]

um replace the word “loser” with “learner” [exhappy]

Hi thanks again for your feedback.

Actually I think I just realised. Even if the agent was slack and so I was 100% responsible for any injury, I have insurance. So my insurance would pay anyway and I would (obviously) leave the agent

Does this sound right?

Mat