Forum Replies Created
great idea westan!
i reckon an air conditioner or cieling fans for those hot airless summer nights would add massive value to your home and would be greatly appreciated by any prospective tenant….
[
] Powmow [][
] wow []i cant believe that after 46 views no one has had any idea?!?!
oh well
[
] Powmow []Gday Glenda and George,
all agents operate under the Property, Stock and Business Agents Act 2002.
i agree with George, if you want to buy a house put an offer in before the Auction so you dont get sucked in to all the hype of an auction.
[
] Powmow []Gday Paul,
it wasn’t just Steve working all by himself. Remember Dave? he stayed and worked in their accounting business while Steve went out and looked for deals, they were like a partnership.
[
] Powmow[]thanks for that Dino…
very interesting.
[
] Powmow []good on you Thomas!!!
keep up the hard work!
[
] Powmow []gday everyone,
i have to agree with pinit,
over the next few years i think quite alot of would be “property investors” are going to get themselves into hot water…..
all we have to do is wait….
[
] Powmow []hey glen,
i don’t think there are any suburbs that this strategy is guarenteed to work in, but my recomendation would be to try and find a suburb where the people dont like getting there hands dirty……
hope this helps
[
] Powmow []hey fudge and broz,
could you please send it to me as well?
thanks heaps!!cheers
[
] Powmow []hey sophie,
a great idea would be to purchase Steves Buyer Beware e-book from this site…
i dont actually have it myself but from what i have heard, it is a great investment for only like $59.95 or something…
hope this helps
[
] Powmow []hey Fudge and Broz,
in the residential tenancy act, the information it gives about locks, windows etc, is that they have to be REASONABLY SECURE. this pretty much means that if the door cannot be opened with reasonable force then it is secure.
its pretty dodgy i reckon but that just the way it is.
[
] Powmow []Gday guys,
sophsi is right to an extent…
if a property is just out side the 11 sec rule you shouldn’t discount it totally.
negotiating the price or putting a larger deposit down can help a property get back inside the 11 sec rule.
hope this helps
[
] Powmow []Cheers Still,
i think after about 3 weeks of talking to my dad about +ve gearing at the dinner table, i think i am starting to get through to the old guy…..
he’s starting to read 0-130 and he is finding it really interesting. he is just a bit worried about getting a property outside the Northern Beaches (sydney) where we live.
we are also talking about buying a small cottage in the suburb we live in that is a bit run down and renovating it, as my TAFE course is finishing soon and i have a bit of experience in building and so does my brother.
i think he wants to start on a project in our suburb as its a little less of a jump outside his comfort zone to start with.
we would renovate it and then sell it as it is nowhere near the 11 sec rule, but there is a large demand up here for renovated properties as the people that live here dont like getting there hands dirty…..
i know that Steve is a bit against renovating himself, after his own experience but i think it would be great experience even if we dont make any money out of it in the long run…
what do you guys reckon????Cheers
[
] Powmow []gday fullout,
now i dont have the slightest idea where Dimboola is but maybe if you want second hand furniture you could try st. vinnies or the red cross shop??
if you wanted new furniture, ikea can be good if you look hard enough….
for hiring a truck, depending on the size you usually need a higher class than C which is your standard driving licence
[
] Powmow []hey still,
i, also like erika was wondering is that with PM fees, rates etc taken out [?]
because that surely would have to eat away a little bit at the amazing 51% yield [?]
[
] Powmow []gday guys,
i think its great that all the young people are getting involved in making there futures financially secure…
heaven knows that the government aren’t going to be able to especially with all the baby boomers just starting to creep into retirement….
i think people are going to start getting into a bit of trouble if they dont have a Plan B….
anyways thats my 3 cents
[
] Powmow []WOW!
51% yield!!![
]i was just wondering still-in-school, where did you invest? not that i want to be fed all the information on a silver platter, but that sounds amazing!!![
]could you maybe give us some figures to show us how you did it[?]
thanks
[
] Powmow []Gday delyse,[
]i think thats a great idea but…
if you could give everyone a little more info it would be easier to give an opinion.
maybe some info like…..
1. how much is your house worth [?]
2. where do you want to buy in the country [?][
] Powmow []gday Cheryl,
although i agree with most of what still-in-school
is saying, such as negotiating the purchase price, dont count on the interest rates staying at 6 or 7%. while this might happen, its not good to leave anything up to chance.the average interst rate for the past 30 years is around 10%.
have you read 0-130 yet? there is an extra chapter here on this site that steve has provided for us all about when/if interest rates go up.
cheers
[
] Powmow []good on you arty and pinky,
in a way you give us all something to strive for in our personal lives…[
] Powmow []
] Powmow [
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