Forum Replies Created
I only opened this post to apply for the modelling job?
however..
Have a look at Jaffasofts site at the bottom of my post, it should help somewhat also when working out costs..
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator:o)
Option 1- Speak to the builder
Option 2- Call Scott from Depreciator
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculatorhmmm if time really is money how much does it then cost to
*go to the loo
*make a coffee
*watch your favourite TV show
if time “is” money is someone who ‘arrives’ prematurely really just a spendthrift?
All points to ponder??
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorThe local shire should also have details and a good settlement agent would’ve provided them to you IMO.
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorOriginally posted by Rob_W:And it’s VERY close to the airport, too. Great for when you’re running late for the plane!
Seriously, is this an issue? I looked up what’s available after reading Ausprop’s comment, and the RE seems pretty cheap. Is this because you’re buying the Perth equivalent of the home from ‘The Castle’?
[cap]
Old houses, also a problem area which Bassendean council are trying to rectify by decreasing Homeswest housing..albeit slowly.
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorIt’d be easier to post where “not” to Invest in WA at the moment as everything is still going great..
My preference is for areas in Perth and I believe the reverse ripple will see benefits here, throw in possible interest rate rises higher fuel prices etc…
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorSee in WA that DHW are launching a new strategy (draft phase) including shared equity to assist new home owners..
Sorry to be off topic DrX
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator[jerry]
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorWOW two Posts John and both advertising Quick companies??
Whats the deal..or are you just happy with them?
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorThats the added bonus with that type of structure isn’t it..you can allocate income to the the beneficiary in the best position to benefit?
Notwithstanding the other benefits..
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorOriginally posted by Property WA:Hey Redwing,
I dont follow?
[worried]Which part?
Dazzling is the resident Commercial expert here (IMO)and has certainely been in the deep end, he loves C IP’s and cant see why we have Residential ( I was going to put R IP’s then thought against it..bad acronym).
Asfor the other part, I agree residentail rents are rising as well, we have recently increased our rents..
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorWe did our last property ourselves and used “Pedrinni Painting” to do the doors and frames..
Turns out they used a subcontractor anywhere when I talked to him as they are a huge company and very busy..the subby did a great job and gave me his number (somewhere..)
As for carpets our contact has since passed away so I’m none the wiser there?
I’d be interested in building up a list of contacts that people on the forum are happy with aswell, whether it be
*painters
*carpenters
*builders
*landscapers
*gardeners
*Reticulation people
*electricians
*air conditioning etc..I really need to get my current contact list into excel and be a bit more organised i think…then add to it.
Sometimes you have to weigh up costs, time etc and whether to do some stuff yourself or get the pro’s to do it..
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorDidn’trealise there was a meetingon until I read this today..I may have attended (would’ve been my first time) I use DEPPRO once until I started using Depreciator..
Walking around the properties in Perth with Alistair and chatting with him, plus interacting with Scott (Depreciator from the Forum) has been invaluable..
Let me know when the ‘next’ meeting is on ;o)
I agree with suzieQ that the forum is much more valuable than any clubs..
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorOriginally posted by Simon_G:Is someone able to assist me with finding stats for Capital Growth and rental returns in Perth / Western Australia. API magazine don’t print any stats for WA and I would like to get my hands on some, preferably at a cheap price.
Thanks
Simon
Check out REIWA but remember it’s old information.
Best bet is to get an idea from there and then speak to local REA’s..
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorOriginally posted by Property WA:Hi,
I’m rather new to this but being from WA your posts looked interesting. I work for an investment firm in Fremantle, WA and it’s not just residential rent thats rising – with all the resource activity up north filtering down to the CBD, commercial space is being eaten up faster than it can be offered. And the old rule of supply and demand means commercial leases are on the rise too.
PWA..Sssssssshhhh..Now we’ll never shut Dazzling up [biggrin]
REDWING
We have increased all of our rents on IP’s over the last few months as they became due, tenants are happy as it’s happening across the board here..
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorOnly “Ghosting” I know of is ghosting a PC’s Hard Drive?
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorYour personal tax..
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorWouldn’t think so..not qualified?
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorOriginally posted by avranjes:Hello,
I am looking to find out the golden rules for buying units as in investment in the metro areas of perth.
I know some of them are;
Try and get a unit with a min of 50square metres as it affects LMI
Try and get a ground floor unit
Make sure it has a carparkI am looking in the tuart hill, vic park, burswood, rivervale, ossie park, wembley, glendalough areas.
Any other good tips from forum go-ers? The unit is for my girlfriend to buy as an investment. She doesnt want to spend too much, doesnt want it to be to -ve geared. Just a nice easy first investment unit.
As 007 said do a search on the BC and see how it stands financially..
IMO I wouldn’t get a unit in a complex with a lift or a pool, I also wouldn’t get a unit in a group of over 12-20 units..as for me there is then to much competetion for tenants and harder to raise rents.
However, thats just me and its worked well for me in te past..however, you need to look at what market you are trying to hit and go for it..
I have a friend who has about a dozen units some in North Perth area and the others in Wembley area (with Lifts[biggrin]) and he does well with them..
CG on units has been good of late (about 42.5%in 12 months in Morley where we have one)
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorClay tiles are harder, stronger, heavier and more expensive IMO
Clay tiles look better are more durable etc, but as they are heavier will require a stronger roof structure…they also provide better cooling in warm climates (hot Perth days).
Concrete is lighter, cheaper and easier to install.
Remember light colours reflect heat dark colours absorb heat..
I’d say check out Borals, Moniers etc sites for more info or even archicentre Wayne..as thats about the limit of my knowledge above..
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator
