We don’t all look like our Avatars WAF. Oh well, as you say, you can’t have everything hey????? [lmao][winking]

Hi Steve,

Not too many buyers have an understanding for gazumping, and how frustrating it can be, especially if it has never happened to them. It is really a form of “dirty pool” and unfortunately there is no law to prevent it, most of it is greed driven, and for the poor unsuspecting buyer, it can be very heart-breaking especially if they…[Read more]

Hi RobAde,

Couldn’t resist your post; please feel free to email or PM me direct and I will gladly send you info on Frankston, as well as Mornington Penn.

I have been researching Frankston for many many months, and may be able to answer some of your questions, along with the invaluable information that has been offered already in here by those…[Read more]

Thanks Milly, Jason

I will pass on all your comments to my friend.

Take care,

Jo

Well lets see….ummmmm, well I own all my properties outright, owing nothing on them, so therefore I guess, I am a CF+ investor. But do I necessarily subscribe to that form of investing as opposed to negative gearing???, no!!

What I do subscribe to is, whatever works!!! Be it pozz or neg, as long as it gets you where you want; then who cares…[Read more]

Baloo – Excuse me???

Are you asking whether management expects forum members and/or moderators to be prodminantly CF+ investors??

Jo

Thanks Steve/Simon,

Trust you two to be voices of reason!!!

I felt it was my right as a poster to be able to ask this question, albeit it has been asked to death. I still find it surprising that clarification had to come from the boss, rather than the person to whom the question was directed in a separate thread, but hey, that’s cool I ain’t…[Read more]

Is asking a question a crime???

All I wanted was clarification, when is that wrong???

Thanks Baloo, I feel so much better now.

Jo

P.S. Maybe the moderators for this section can lock or delete the thread, it seem to be getting out of hand.

Originally posted by Malachii:
Monopoly

I am currently selling 4 houses one of which has a 2 year lease (only 6 weeks into it) that has a 8% return on the asking price. It’s in Victoria and I think (and the agent seems to agree) that it is fair market value. It’s even advertised on the net with an 8% return so they are there if you look.

(ps -…[Read more]

Where???????????????? [blink]

[laugh4][laugh4][laugh4]
Oh puhleese!!!!!

Hi depreciator,

I just sent you an email with the following link, but just in case it didn’t work, here it is again:

http://www.reports.rpdata.com.au/cgi-bin/vgmsg/RP_Reports/subprofile/rprepgenprofile-pdf.p?type=1&fromhome=1&rep=1&instate=New+South+Wales&insuburb=Inverell&inpcode=

It is just a quick overview report from…[Read more]

Well done depreciator!!! [thumbsupanim]

Yes I agree, such properties are available, but they are not easy to come by, and no doubt as time passes, will become harder to track, but certinaly not IMPOSSIBLE. And of course, with the benefits of depreciation (an area which I know you excel in) higher yields are not out of reach.

However, these…[Read more]

Thank you Richmond,

A straight answer!! [medieval]

Yes I am sure that the “odd” one does.

Cheers,

Jo

I understand what you’re saying Kay, and I am not disputing that. FYI, I am more than aware that this site is a heavily pozz geared forum; but thanks for the reminder!!

Anyhoo your comment gave me the impression that, yes pozz properties are out there (no argument there) “but if you want ……” so am I mistaken in thinking that your “but”…[Read more]

Excuse me Kay,

Can you please tell me which areas are returning 8% rental, and are these returns “gross” or “net”???

I find most people are struggling to achieve 5% in most areas. But then, maybe you are having more luck than most.

Jo

Hi and thanks Terry, Sonja and Melbear,

I will pass all of your comments onto my friend; I am sure she will appreciate your thoughts. I agree Sonja, how she does it is beyond me, but hey, good on her; she has done well!!!

Melbear, I agree some ALL of the Mortgage Brokers on here seem so helpful that I am sure should she decide to utilise a MB,…[Read more]

Hi Del,

I am pretty certain, the simple answer to your question is (an unfortunate) NO. [glum2]

Cheers,

Jo

Thanks Yack, Brenda, MM, [medieval]

I have made note of your replies and will pass on the relevant suggestions.

I tend to agree with Yack, that the probability is not good of borrow more money to finance her next IP, but then I am not a financial whizz and wouldn’t know where to begin.

I have reminded her that she needs to “shop around” and…[Read more]

Hi Ben,

Short and sweet answer:
No, absolutely none! [thumbsupanim]

Cheers,

Jo

Wow 3 months notice to rid yourself of a poor performing PM?????????? [wacko] Cripes, glad it’s not like that here in Vic (well not since I last switched PMs).

If them’s da rules them’s da rules I suppose; can’t argue with that hey??? As Derek said, you’ll know better next time!

On the other hand, while you’re waiting maybe having her over for…[Read more]