Forum Replies Created
I Paid $440 For http://www.deppro.com.au
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
VIP
Wellllllllllll… Guess we’d all be renting then ![shades]
And helping each other out, as you and the government would be helping pay off the properties ( tenant, taxman, owner all contribute, thereby the property gets paid off quicker )Do i detect some cynicism VIP ??
Imagine if everyone in Aus did ‘nothing’ VIP, what do you reckon would happen ??
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
R77
They say most people buy in thier local area, and that’s why many Real estate Agent’s ‘drop’ the flyers in your letterbox regarding a property for sale in your area, after all, you live there , feel comfortable there etc..
Or you may have friends or family that also like the area and want to move there..
It’s harder to get out of your ‘comfort’ zone and invest in an area you don’t know too well, it’s a bit scary and the further the distance the greater the fear ( you can’t see or drive past it ) however , over time this fear abates ( having said this the furtherest i’ve bought to date was about 4 000km away )
But remember your local area may be experiencing a downturn, whilst another suburb in another area, may be experiencing it’s best growth in decades due to new industry or such moving in..
Think of the Lotto add with the guy fishing in the river with about 50 lines in the water, improves your chances of catching a fish, but inmagine if you had 50 lines in different parts of the river, or even in other rivers.. would you feel more confident of catching some fish now than the guy sitting on the sandbank with a handline..[biggrin]
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
I’d be looking at the ‘undervalued’ areas..
Those that have not risen as per the rest of the suburbs, according to the last figures Viveash was a great area to have bought in..45% gain or such in last 12months ( trying to remember , this would be close anyway )
I believe Midland has potential, and the business and local government are pushing hard for developements..
But my preference, as always, is something near the Coast or the River..
Looking at some 3×1’s at the moment for family and it’s hard to find what you want, where you want, for what you want to pay.. prices have definetly moved in the last 2 years..
My Top pick however would be
S#@h*^r[biggrin]REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Shaolin-K
I’m in Perth, a lot of properties located by means other than the internet sites we all review, they are however a great starting point.
I’ve passed, on deals that have easily met the 11 sec rule but on investigation have not met my criteria..
Wish you all the best on assisting others that do not have the time to source these deals.. it’s allways good to create a win-win situation [thumbsup2][thumbsup2]
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
DC..
Quick reply is 2.5%, however it’s more complex as Ez-rent has pointed out, different items also depreciate differently due to cost..lower costing items depreciate quicker..
Ditto re Georgis’s reply regarding Stamp Duty, not Everything is Tax deductible..
REGARDS
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
ROFLMAO..[laugh4][laugh4][laugh4][laugh4][laugh4]
VERY FUNNY..
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
GATSBY….
What happened ?? [computer]
You’ve changed the context of your original posting ??
I’m confused.. But hope everything is sorted out with your problems. All the best REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
TIP- Start with “Google” ,and, the Government ‘can’ be helpfull[king]
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Short answer from me..No and Not interested.. Sorry, no help, just saw no-one had posted..[biggrin]
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Julie
This has been posted before..The general consensus is NO, unless you’re specifically in the business of buying and selling many properties
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
[grad]Me, always learning..
[chef]Me at home.. Head Chef and Chief Dishwasher
[cap] Kid at heart
[aacool] Kewl
[evil4] Playful
[fear] Property Ninja
[hair2]When i’m sick
[king] King of the sandpitALL of my personalities Say “Hi”
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
[jerry] I enjoy Bec’s post’s…keeps things in perspective…
That’s why the smileys are here..don’t get too serious[upsidedown]
Sticks and Stones YADA Yada…
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
This question should be a ‘STICKY’ [biggrin] As it gets asked that often…
Ipop..
Depends on your situation and what your plans are, it’s a pretty Broad question you’ve asked and given no details, with some more details, i’m sure most of the brokers here could give you a better viewpoint..
PS-I have IO on My IP’s.. fixed it a while back..
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Derek..???
Hi Gatsby, Derek from this forum would probally be a good person to converse with initially and discuss the situation, he is associated with the Investors Club, and from all that he’s posted seems to be knowledgeable and approachable about many issues concerning the Club, and willing to answer any questions..
I can see your frustration, as my understanding of the whole concept of the Club, is to Assist you and other budding property investors in the process of accquiring IP’s..
Good luck..[upsidedown]
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Shoalin_Kaveman…
Positively geared properties are easy to find, Cheap properties are easy to find ( CHEAPEST I’VE FOUND IS $12K )…. it’s where they are that’s sometimes the problem
If it was just as easy as locating the properties we’d all be doing it ‘easy’ and i’d have a multitude of properties, above what i now own..
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Bec..
I’d be interested to hear your story as well, there are quiet a few regulars on here that i believe could give some insight into thier Investing and personal story’s, nothing to indepth or revealing, just a broader picture..
Still in School posted a short glimpse of his background recently, so Kudo’s to him.
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Oh welll…Live and learn, on the Positive side, you should be increasing your Equity quickly..
Onwards and upwards
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
DADADADA DADADADADA CONGRATULATIONS GURU
Now..a s Still In School Has Given us some background on himself……… how about you ????
REDWING
[sultan]PROPERTY GURU
“Money is a currency, like electricity and it requires momentum to make it Effective”
Good strategy Pisces..[thumbsupanim] Thumbs up from me for negotiating
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”