Great colour suggestions! I desperately need to get rid of some large 60’s style orange flowered wall paper in the main bedroom of rental. The burnt orange built-ins are quite sickly too. [wacko][sick3]

Heres another option if you haven’t already considered it. If your PPor is in both names you could sell your half to your husband for $150k without paying CGT, only stamp duty on purchase. This may give you a bit more money to purchase a new PPOR, and putting a bit more debt on investment. You’d have to way up $$$ also to make sure it’s worth…[Read more]

When the outside of building is due for painting make sure you have some input into having complex painted in modern colours. It’s amazing how a different colour scheme can lift and modernise it. Have a look at paint brochures, new building in trendy area’s, and magazines for ideas. Marc has some excellent points. I used to own a unit in…[Read more]

We’ve just switched accountants. In both cases we’ve had tax return going directly into bank account in 2-3 weeks.

Try http://www.becnvic.com Business Enterprise Centre. I used them in Perth and did a course through them which was helpful. Also saw an accountant for free. I’ve even borrowed their books from libraries which has heaps of useful information. Linda

Hi Celeste, I’ve been pondering too. My thoughts are first home-buyers areas (with houses around $350k) are worth considering. Maybe Southlake(relatively close to freo & Rockingham ), Beechboro(close to swan valley, renters in Bassendean getting forced out to Beechboro due to shortage of properties, + higher rental return), Clarkson,…[Read more]

Thanks for valued replies. Regards Linda

Thanks Raddles, will call agent and negotiate. Linda

Hi all, living in Perth. Purchasing in Brisbane. Just received contracts in mail. As nothing was mentioned previously, i just assumed the deposit was $1000, as per previous purchases. On top of this they are asking for $8250 when i get Finance Approval. Do I just call RE agent and tell them I’m only paying the $1000 deposit now, and cross…[Read more]

If I were considering investing in Perth now I would attend course being held by Gavin Hegney. Theres one coming up soon so I’d look into straight away. I’ve attended a course where he was a speaker previously I found his info very rewarding. These are some of the areas I would consider. Ellenbrook – newish homes with higher rent return then…[Read more]

I’d consider buying another 1 in an area that is currently growing. High population growth, but affordable suburb. Maybe another state? Regards Linda

From my experience I have found some people don’t mind main roads and noise. Many times I’ve thought “what a bad place to build, so close to freeway or airport”. Then I’ve seen properties developed and sold for premium price. I saw this happen in Brisbane in Greenslopes 8 years ago with properties built right on the barrier. If in popular…[Read more]

Yer, thats what I’m thinking! Thanks.

Hi The Contrarian, I’ve been looking around Waterford recently. You can purchase 3x2x2 units 94sqm with river views Albert River for $190000. Rent $240. 30 mins Gold Coast/Brisbane. I’d rather the Spring Hill studio though. Predicted by government population in nearby Beaudesert will more than double in 20yrs. 65000 population now. Heaps of…[Read more]

Hi Dee, I think you can’t go wrong with coastal property and large blocks. I went to Shoalwater last year and fell in love with the area and think it has heaps of potential. Next boom I think you shall do REALLY well out of it. I’d suggest you get advice from Hegney’s Property Valuations. I’ve never actually used them but had a couple of…[Read more]

I had applicants that lied on their application. They kept telling me they had two little fluffy dogs as pets (which were really StaffyxBoxers). The Male applicant told me he half owned a unit with his mum where he previously rented (when I spoke to her she said she owned it solely) His girlfriend said she worked in her current occupation for 6…[Read more]

Smarter Property Improvement by Peter Cerexhe has some interesting ideas which I think would suit your circumstances. It is about improving properties and development planning. Regards, Linda

I’ve come across this also in Perth. What sometimes works is to purchase a corner block. All the best, Linda

Yer, it makes sense to me. One of the reasons that I’m a bit reserved to buy positive cash flow is because I want to eventually develop a block that I own already so I really need growth assets to raise some more funds. So far I haven’t found any properties that show good signs of growth and positive cash flow. Especially living in Perth and…[Read more]

I was just wondering the same thing in my own circumstances and posted a similar question. My 2 properties are negative geared and should be positive cashflow in about a year. I have previously been advised by bank and financial advisor to go for positive properties to offset negative cashflow properties. Is that what you were thinking too…[Read more]