I just write cheques for $500. Haven’t been knocked back yet…

cheers
r

g’day johnny

do a search and you’ll get heaps of previous discussion

cheers mate
r

hi derynaka.

you’ve obviously been doing this a lot longer than most, so it’s great to have your input, and I’m getting some new perspective on things reading your ideas.

one of the keys to getting stuff out of this forum is taking things on board, and deferring to those with greater knowledge, so the collective knowledge is increased.

perhaps my goal posts might change over the journey, we’ll see.

thanks for the response!

r

hi westan,

while your examples are great I reckon people should be encouraged to get into the habit of reading the fin review, age, local rags etc a bit more closely… you’ve proven it’s not brain surgery, it’s just a matter of opening your eyes and ears and widening your range of perception.

abc.net.au is another good source of finding out daily news for particular areas…

cheers
r

might be hard and a bit exxy to get on the blower and make some calls, but that’s always the best way… do you have any family here who could do some investigations for you?

There’s a lot of info on economic development available on the web… particularly WA… as for specific areas of Bunbury, well, maybe you should just wait until you get here and suss the joint out for yourself… better peace of mind if nothing else.

have a good one
r

i’d look at economical ways of making the house as appealing as i could… fresh paint etc etc… remember that even though you would not live there, it still has to have some sort of appeal to tenants, all my places are nice and clean and tidy… not ultra modern by any stretch, but definitely liveable.

cheers
r

Howdy Stu…

I’m not sure how old that 0.3% figure is… over on the somersoft board they were still quoting it, but I don’t think it’s been updated for a couple of years… I wonder how different it is now with all the buzz on PI. Does anyone know? I’m at work and can’t hunt it down just at the minute.

r

G’day,

Now, I am a believer in property investing as being my path to what I want financially, but really, what type of person says this of a 94 year old??

*** “forceably remove her and her stuff” ***

Jeez I was mad when I read this. What have some of us become in the pursuit of a dollar? I feel sick, and angry [!] I hope that when you are in your twilight years no-one takes this selfish, heartless attitude towards you, then again perhaps if they did, it might bring some late realisation on the benefits of treating people as FELLOW HUMANS not DOLLAR SIGNS in your earlier days. I believe in the saying that what goes around comes around.

Hypothetically, if the woman in question did pass away due to the stress of the situation, how much would you value your $7k then? I’m tipping it wouldn’t bother some one iota…

I’m with Di_Cam – “Give back the 7 grand!”

I also agree with Elysium-M “Don’t try to be too clever and think you can have your cake and eat it. Because you could get burnt!”

I work at Channel 9, and I hope ACA does do a story on it, because I think there is more than a few people out there trying to pull dodgies with the first home owners grant.

r

Hi,

While RK might not consider the house an asset, I do… and to me, an asset does not need to be about producing income…

Put it this way, in regards to the ppor I bought a year ago, I now have 60 acres 50 mins from Melb that I plan to grow some grapes on, keep horses, indulge in some landscaping, build whatever I want, develop my dream home etc etc… all while keeping my day job, while at the same time building an IP portfolio that should see me retire in 10 years.

For me, and I stress, FOR ME, having my own property is an asset that can’t just be measured in financial terms… it’s mental as well, in that I have my own patch that I can enjoy.

I know that I would definitely reach my retirement goal quicker if I wasn’t paying it off, but the improvements I’m doing are adding value, the c.g. of these types of properties is great at the moment (the cg on my place in particular has been outstanding)… I’m able to access the capital gains via my LOC to keep buying places, so it works for me. It’s not everyone’s choice, but I’m happy with it. I think that’s the key… I’m not obsessed with IP, but it is definitely the right path for me… however I’m not going to sacrifice EVERYTHING to get there… heck, I could get hit by a bus tomorrow…

Cheers
r