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  • Profile photo of opinderopinder
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    @opinder
    Join Date: 2012
    Post Count: 61
    March 12, 2014 - 6:49 am

    Thank You everyone for the opinions.

    My Budget is 400k to 450K.

     Looking for townhouse 2 or 3 bedroom within 5km to 10KM radius of Brisbane CBD.

    I guess if the market is really hot, Its probably not a good time to buy. 

    Profile photo of opinderopinder
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    @opinder
    Join Date: 2012
    Post Count: 61
    March 4, 2014 - 2:01 am

    Stay Away If you Can..

    Not A good Investment

    Profile photo of opinderopinder
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    @opinder
    Join Date: 2012
    Post Count: 61
    January 24, 2014 - 2:09 pm

    Excellent response Xdrew.

    Can I please ask your thoughts on Melbourne Market. I have got my Loans fixed until next yr Mid. Can I be able to extend them now or not possible Or I have to wait until fixed rate time period is finished.

    Thanks!!

    Profile photo of opinderopinder
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    @opinder
    Join Date: 2012
    Post Count: 61
    December 23, 2013 - 3:03 am

    Dear Joey…Yes you can do that Just work thru slow and steady and you can reach the destination.

    Try to find a property thru which you can add some value by doing cosmetic renovation i.e paint, carpeting etc..

    I agree with what TerryW has said…Good Luck!!!

    Profile photo of opinderopinder
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    @opinder
    Join Date: 2012
    Post Count: 61
    December 22, 2013 - 5:31 am

    See If you can find something in Sunshine North otherwise Sunshine West is not bad as its close proximity to CBD and Transport is good too!

    Good Luck

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    @opinder
    Join Date: 2012
    Post Count: 61
    December 22, 2013 - 5:22 am

    Hi MOT_84,

       Personally I like to stick within 20Kms CBD and to find a positive cash flow property is impossible within this range.

    I don't like to invest my money in outer range suburbs as their are some issues regarding capital growth,  tenants and too much land available. If you can find a positive cash flow property around CBD area..Good luck. 

    All the best!!

    Profile photo of opinderopinder
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    @opinder
    Join Date: 2012
    Post Count: 61
    November 26, 2013 - 2:41 am

    Hi,

    Steam Cleaning is best…Dry cleaning waste of money..

    good luck!!

    Profile photo of opinderopinder
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    @opinder
    Join Date: 2012
    Post Count: 61
    September 26, 2013 - 4:47 am

    I totally Agree with Dave Ward..100%..

    I own an investment property and was thinking of building townhouses on that BUT after the research I found Better off just do some cosmetic renovation and hold the property as long as I can to create real wealth.

    Real wealth is created by holding properties long term..

    Good luck

    Profile photo of opinderopinder
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    @opinder
    Join Date: 2012
    Post Count: 61
    August 20, 2013 - 1:17 am

    100% agreed with Jamie..Off the plan and that in Melbourne Please RUN…don't even look back once

    Profile photo of opinderopinder
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    @opinder
    Join Date: 2012
    Post Count: 61
    August 20, 2013 - 1:16 am

    Hi Suri,

      I guess sometimes its better to buy a property do some cosmetic renovation and then rent it out..

    when building one really doesn't know which way market will slide in future if you are planning to sell.

    But good luck with your search

    Profile photo of opinderopinder
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    @opinder
    Join Date: 2012
    Post Count: 61
    March 24, 2013 - 11:51 pm

    Hi there…

    Stay away from cranbourne too many vacant properties and rental properties..

    I am from Melbourne thats why I am saying that.

    Try if you can buy something in south eastern suburbs of Melbourne example

    Camberwell box hill blackburn mitcham nunawading etc..

    good luck

    Profile photo of opinderopinder
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    @opinder
    Join Date: 2012
    Post Count: 61
    March 24, 2013 - 11:47 pm

    STAY AWAY….Good luck

    Profile photo of opinderopinder
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    @opinder
    Join Date: 2012
    Post Count: 61
    March 24, 2013 - 11:44 pm

    Hi Jamie..Thanks a lot..

    But should I be worrying over the low range valuation..is that any type of alarm bell??

    The other problem was the recent sales which wasn't any available plus this property is Investment property too.

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    @opinder
    Join Date: 2012
    Post Count: 61
    October 6, 2012 - 12:54 am

    Hi Peachy..Thanks for the comments.

    Its true lesson learnt hard way.. I have finally sacked the property agent and got  a new one and getting things back on track.

    Its just the world now is full of greed and ignorance and these ppl make you learn in life.

    Thanks anyways..:)

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    @opinder
    Join Date: 2012
    Post Count: 61
    October 6, 2012 - 12:43 am

    I would be keen to know the outcome ankitjain..good luck man…

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    @opinder
    Join Date: 2012
    Post Count: 61
    September 21, 2012 - 6:02 am

    In life one always learn lessons…
    Atleast i have sacked him n got a new one and now learnt and gained
    knowledge which will help me and I can pass on to ppl
    who are regularly being scammed and double dipped.

    But one thing these ppl should always remember

    Whatever goes around comes around…

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    @opinder
    Join Date: 2012
    Post Count: 61
    September 21, 2012 - 5:40 am

    Thanks derek.. He only charged me management fee and Annual Service fee But no letting fee.

    But annual fee was charged annually with everything covered. But i still dont think it was fair anyways I have got a new manager now which is good

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    @opinder
    Join Date: 2012
    Post Count: 61
    September 21, 2012 - 5:38 am

    Thanks Derek…

    Profile photo of opinderopinder
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    @opinder
    Join Date: 2012
    Post Count: 61
    September 21, 2012 - 5:23 am

    Hi Derek..

      The tenants never moved out when I bought this property. Original tenants in place all the time.

    Despite of that I was charged with Annual fee. This was my first IP and first time rented out.

    When he gave me the contract he did mentioned on that annual fee but I thought that was common.

    I really feel frustrated and betrayed.

    Profile photo of opinderopinder
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    @opinder
    Join Date: 2012
    Post Count: 61
    September 21, 2012 - 5:05 am

    I wish Joe..But atleast I am on the right track now and away from these ppl..

    I can claim some of these fee on tax too.. so overall not too bad..

Viewing 20 posts - 1 through 20 (of 46 total)
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