Forum Replies Created
Simon, is your property vacant over xmas holidays? Do you advertise the rooms at the uni and manage it yourself? Do you furnish each room? Thanks
I've been there, it took me 3 years to convince my hubby to invest. (the property I was interested in doubled in that time). If he had of gone along with me we would be $1,000,000 better off today. He knows that now and trusts my decisions. I would book him into property education courses with yourself, make him attend home opens with you, visit a wealth education adviser and visit an acccountant to discuss your plans. Also, make a note of what properties you're interested in, as they go up in value show him the results you can achieve. He might be stuck in the attitude of, work your a off and be poor." (like my hubby) Now I find the deals, show it to my husband, and he says "yes". At times he has put the brakes on and I'm grateful for that also. If you can't convince him at this boom, you may learn heaps and benefit from the next one. All the best, m
The listings are lasting longer. I think in another few months it will take off again.
Call the ATO and ask them. As far as I know you can ammend for 5 years. You cannot deduct stamp duty. I've never had mortgage ins. so no idea.
Cute, but not as cute as me!
When you change from PPOR to IP vice-versa you need to have a valuation done so you can correctly apportion CGT when/if you ever sell property.
I got a score of 2961. If I complete a development I'm considering doing my score is 3286.
i'm not sure that Geraldton is the best place to purchse right now. I think Perth units within 5k's of city would perform better. Geraldton sounded good to me till i visited and realised how windy it was. And you really need to be careful which suburb you invest in. I wouldn't go for the cheapest suburb, I would only invest in centre if I could get a good buy.
I don't agree entirely. I think we'll still achieve some growth (10%/yr) in good suburbs, within 10k's of city or close to coast, or changing infrastructure.
Hi sauvemechanic, I haven't personally had any dealings with property managers (I self manage). Robin Spinley from Genesis Asset Management was recommended to me though so they may be worth a try? She does Bassendean area so I'm sure she'd do Mt Lawley also.
http://www.genesisassetmanagement.com/minigen/default.asp?contentID=2Hi Vanessa, I would purchase now with a long settlement. I can't see peoples confidence being put off much at this stage. I think people will be feeling a bit nervous in about a year.
I do think it is worth considering. I'm living in Perth but homesick for family /friends in Bris. When I visited a while back I felt like I was visiting the desert. I was considering if I were to move back I would probably be more likely to move to Northern NSW or Maleny. I do like my nature/greenery/gardens. x
What do Brissie people think of above list? Does anyone invest / live in these area's on the list and would like to comment? I was suprised to not see Mt Gravatt and Beenleigh up there before some other suburbs.
Thanks guys, you're so knowledgeable! P.S. I'm not into wrapping though
Good post diclem, that's what I wanted to say but couldn't find the words or energy to do so!
Terry, is that a new thing in past few years? How do you get a licence?
Wraps aren't legal in Perth.
Thanks Jason.
Hi Jason, the reno is excellent! Did the prices of unrenovated properties go up in the time that you held the property or stay the same? Would you go for a more expensive area next time??
Excellent post fliptolid. My thoughts also. As a property owner YOU need to take control. Don't leave it up to a PM to choose tradesman, do your own research. If you come across shonky workmanship or outragous fees for services deal with it on an individual basis and get over it. Most tradies are good, and when you're happy with their services keep them as part of your team.