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Viewing 8 posts - 1 through 8 (of 8 total)
  • Profile photo of PropDirPropDir
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    @propdir
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    Post Count: 2
    November 23, 2020 - 1:27 pm

    Thanks Steve – most appreciated.

     

    PropertyDirector.com.au | A One-Stop Digital Platform for Property Investors
    Easy Digital Book keeping | Forecast Your Portfolio | Market Activity & Research Reports

    Profile photo of PropDirPropDir
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    @propdir
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    November 10, 2020 - 10:46 pm

    Thanks Benny.

    Can any others on the forum comment on what the -22% indicates and are we able to establish some meaning to it?

    Profile photo of PropDirPropDir
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    @propdir
    Join Date: 2020
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    November 9, 2020 - 2:39 pm

    Hi all – can someone else help with my question – doesn’t need to be Steve.

    Profile photo of PropDirPropDir
    Participant
    @propdir
    Join Date: 2020
    Post Count: 2
    October 6, 2020 - 3:42 pm

    Hi Ahmed – good to hear your interest in real estate investing.

    I am a property investor since 2005 and also run a business called PropertyDirector.com.au as you will see in my signature below.

    Happy to have a coffee catch-up or Zoom call – you can email me at [email protected] and we can tee something up.

    PropertyDirector.com.au | A One-Stop Digital Platform for Property Investors
    Easy Digital Book keeping | Forecast Your Portfolio | Market Activity & Research Reports

    Profile photo of PropDirPropDir
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    @propdir
    Join Date: 2020
    Post Count: 2
    May 24, 2020 - 4:11 pm

    There is still a need for the human aspect in real estate, particularly the role of the property manager and real estate agent.

    The technology should support/enable and augment the role of the property manager and real estate agent.

    As an example, I believe there will always be a need for a property manager role, because we need professionals to understand how to handle tenants, particularly in specific areas (e.g. city vs regional areas), and to put in the time/effort needed to handle tenancies.  If the property manager doesn’t do it, then someone will need to do it (e.g. the property investor themself) – that’s what we pay the 5-6% for, as property investors.

    The technology can be leveraged as an effective way to support these roles – e.g. centralised portals to connect property investors/tenants/agents, streamlined digital book keeping to track your property investments, access to valuable suburb and market data to help you make effective decisions.

    PropertyDirector.com.au | Digital Platform for Property Investors
    Easy Digital Book keeping | Forecast Your Portfolio | Market Activity & Research Reports

    • This reply was modified 4 years, 5 months ago by Profile photo of PropDir PropDir.
    • This reply was modified 4 years, 5 months ago by Profile photo of PropDir PropDir.
    Profile photo of PropDirPropDir
    Participant
    @propdir
    Join Date: 2020
    Post Count: 2
    May 22, 2020 - 6:17 pm

    Hi all – interesting, because I have thought about Canberra in the past, however was unsure given people there are all mostly employed by government agencies – do you see the heavily reliance on government employment as an issue?

    Also, is there alot of land supply in Canberra in general? I have a feeling there may be.

    The attractive things about Canberra is that it is close to NSW, but doesn’t have NSW prices.. as someone mentioned above yields are higher too. The lifestyle in Canberra is also pretty good as far as I know.

    Any further thoughts regarding Canberra would be good (pros and cons), along with specific areas/suburbs and pockets of Canberra that have specific potential?

    PropertyDirector.com.au | Digital Platform for Property Investors
    Easy Digital Book keeping | Forecast Your Portfolio | Market Activity & Research Reports

    Profile photo of PropDirPropDir
    Participant
    @propdir
    Join Date: 2020
    Post Count: 2
    May 18, 2020 - 3:14 pm

    Hi Sukh,

    Yes, I believe it is a good time to invest.  Prices in many areas are discounted (given the current situation), and interest rates are low.

    However as Jaxon says, ensure the numbers add up and ensure that whatever investment you make aligns with your longer term strategy.  Do you due diligence research on specific areas, consider different options, then make a decision.

    PropertyDirector.com.au | Digital Platform for Property Investors
    Easy Digital Book keeping | Forecast Your Portfolio | Market Activity & Research Reports

    Profile photo of PropDirPropDir
    Participant
    @propdir
    Join Date: 2020
    Post Count: 2
    May 17, 2020 - 4:59 pm

    Hi Buster,

    When I first started investing, I did purchase in my home state (NSW), starting with areas around 5km from my location, because I knew those areas well.

    However over time, I started looking at areas in more regional areas of NSW such as Tamworth and other areas based on investment goals such as improved yields/cashflow.  Later on, I started exploring other states such as QLD.

    In hindsight, provided that you do the relevant research, and learn about the locations you are investing in, I would probably have branched out sooner.  I would suggest definitely going and seeing the properties you are interested in purchasing, even if it means interstate travel.  You will get a better ‘feel’ for the area and get to talk to the locals.  Ensure you get a good local property manager (with a solid reputation) to look after the property and tenancies and you won’t have to worry about visiting the property.

    Good luck with your journey.

    PropertyDirector.com.au | Digital Platform for Property Investors
    Easy Digital Book keeping | Forecast Your Portfolio | Market Activity & Research Reports

Viewing 8 posts - 1 through 8 (of 8 total)