Well done Amanda, … the way the market has been moving around Ipswich the past few months you've gained even more equity from your reno. We bought 2 IP's – Goodna and RBP in April 07, and can't believe the growth in only a few months.Good luck and once again well done.Martin

Jon Chown wrote:
Oh dear Martin

You appear to be a very condescending person Jon. Of course I realise you work for the vendor and the law dictates this, but it doesn't make it any less frustrating at times.That is the point I was making. I was not attacking you personally, I was expressing my views as I am entitled to do in an open forum such…[Read more]

Jon Chown wrote:
Hi Redleaves,I think that you missunderstand my stance on behalf ot the Vendor (who, after all, pays my commission).Jon

I've never understood the above statement from Real estate Agents, …. sure the vendor pays your commission, but who pays the vendor, …. yep … the buyer.  I'm not sure sales agents ever think of this in…[Read more]

Wezwaz,I came across this post today in another subject forum about property investors getting together to discuss investments in Toowoomba, so it may be a good point of contact to get a clear picture about the state of the property market in that area.Good…[Read more]

In the past 90 days my wife and have purchased 2 properties in SE QLD (Goodna & Redbank Plains) and 2 properties in Elizabeth area of Adelaide last week , that makes it 6 investment properties in the past 18 months. That's it for a while now, … our LVR is sitting around 77% after the latest purchases. Just happy to sit back for the next 12 – 18…[Read more]

Final word, …… one of the properties had to put back settlement one week, which p'd off the other one, but we actually settled last Friday 8th June 07.

Good news …… we settle on both properties this Wednesday 28th, … no penalties ….. not ideal, but at least we got them.Phew !!Martin

Thanks Terry & Lizzy,I agree with your comments, …… The lender was very un-cooperative in regards to re-issuing the documents. As the problem wasn't discovered until very late in the settlement of the first property and even if they did re-issue the documents, my wife works in Canberra and only comes home on weekends, so by the time they got…[Read more]

Thanks Simon, ……. I typed it a couple of minutes before I had to go to work, so it was rushed and I didn't spell check it …. but, thanks anywayMartin

Hi Lilyhutch,Is that $45,000 (see your last post above) or $4, 000 – $5,000 …… We have just bought a house on 800m2 corner block in Redbank Plains, which can be subdivided. Can you confirm the price please.ThanksMartin

SymonePA few posts recently on this subject for Brisbane, ….. maybe search through previous posts. Some detailed replies from memory.Martin

thanks Tom, but I live on the far south coast of NSW ….. so notice boards no good for me, … that's why I asked for someone to recommend someone trustworthy and reliable as I'm not going to be able to oversee in person. I'll probably end up using the handyman that the rental management agency uses.Martin

Brisbane south – Just buying in Goodna and Redbank Plains ….. also looking for a reliable handyman for small fix-it jobs if anyone can recommend someone I'd be grateful.ThanksMartin

Hi TomInala was on my hit list, but we just happened to find properties in Goodna and Redbank Plains recently (read above).  I think Inala is a older ex-housing commission type suburb, but it is definately and older suburb with older homes, but that wouldn't worry me. A good article was written in API  magazine… It was the October 2005 issue (…[Read more]

Hi Kristy,My wife and I have recently returned from a buying trip to Ipswich area are where we purchased 2 investment properties. One in Goodna and the other in Redbank Plains. You have to move quickly as anything under $275,000 is going under contract within hours or a couple of day's of being listed.A basic 3 bed brick, 1 bath with carport type…[Read more]

Hi Scott d,You may be interested in this article posted on Terry Ryder site hotspotting.com.au about DHA investment properties. We were looking at DHA  homes as an investment, but after I researched, I commented to my wife that I felt you were paying premium purchase price, but below market rent returns and then I found this article which…[Read more]

We had two valuations done recently by Eccleston & Fraser (SE QLD), but I was very disappointed with the service ( or lack of) we received.martin

Thanks Whiper11, ….. I'll do that. 

I wasn't aware that the valuations are only valid for three months. I won't worry about it this time, but I will make sure I am pre-armed with recent sales next time to give to the lender/valuer.Thank you Terryw Martin

HiI contacted some buyers agents recently to buy properties in SE QLD as we live on the far south coast of NSW. I was astounded at the figures they were throwing around to find and negotiate a property purchase for us. Especially as I had done all the research work and had narrowed down the areas I wanted to invest in. They were talking about an…[Read more]