Congrats Richmond, the place looks nice too.

Good to see some personality in these forums. Too often you are speaking to an alias and have no idea who they are or where they are located.

‘Eat rich food, barbeque a yuppie’

I can give you the picture even clearer. She was 21, gorgeous and her name was Tiffany. What more can you ask!!!!

‘Eat rich food, barbeque a yuppie’

She chose the Nanny – I had no input there.

Maybe it was the thought of me coming home from work in summer and finding her in a bikini lounging by the pool.[}][}]

‘Eat rich food, barbeque a yuppie’

Goodluck to you cheersnbeers. I congratulate you on finding such a place and I wish you luck with the tenanting side of things too.

Can I ask what the 4 x 2 bedders cost you all up?

‘Eat rich food, barbeque a yuppie’

Hey Arty, I don’t work at all – in fact I resigned 3 months ago to look after my son. My wife goes to work so I can keep the life I have been accustomed to[^]

No actually, we found it was a better alternative to our Nanny (although she was cute[:p][:p][:p])

Good luck with your plan.

‘Eat rich food, barbeque a yuppie’

I can post now too. Finally – but all the witty things I had to say last night will have lost their effect coz they are too old!

Pinky – I will update soon and add photo. Although I think the one I haver now is pretty cool.

‘Eat rich food, barbeque a yuppie’

Thanks for the help guys, it has certainly helped. I will strat doing some homework.

‘Eat rich food, barbeque a yuppie’

In terms of cash flow positive, you will be VERY VERY lucky to find a place in regional NSW unless you have a sizeable deposit (I myself are looking for +ve with borrowing 105%). I have just spent three days in the central west and there is NUTHIN around that is even close to +ve. 12 months ago yes, but not now. Even in towns around 5,000 pop,…[Read more]

[
Is it worth doing for a small property (say 1 b/r unit)that you are only holding onto for a few years, given the cost of a QS (a few hundred dollars??).

[/quote]

It will make selling it to an investor easier if it has been done.

‘Eat rich food, barbeque a yuppie’

Are you refering to the Hellfire club near Central Station. That brings back memories………[}][}][}]!!!!!

Just jokin[]

‘Eat rich food, barbeque a yuppie’

Thanks but it is in the central western region of NSW.

‘Eat rich food, barbeque a yuppie’

Karan

I also live on the North Shore of Sydney and have realised VERY quickly that there is no residential real estate that meets the +ve cashflow criteria in the Sydney region. My suggestions to you is to go outside your comfort zone into areas that you may not have thought of ie. regional NSW (and other states).

The regional areas, whilst not…[Read more]

Looks awesome Steve, looking forward to testing it all out in the next few days. The new features make it so much easier to track topics.

Thanks[^][^]

‘Eat rich food, barbeque a yuppie’

quote:
How much do they charge?

Matt

“If you do what you have always done, you will get what you have always had.”

“Isn’t it time for a change?”

Sorry – Been away!

They charge:

7.5% +GST plus 1 week’s rent for finding a tenant

‘Eat rich food, barbeque a yuppie’

quote:
I can’t do 15 000 but how about 35 000 with tenants paying 120 a week. Under Offer but there is more in the same town for between 20 and 35 000 each. Is a small town (Pop around 600) but is a gold mining town and also fairly good tourist trade, I’m led to believe no problem to find tenants. Anyway heres the link for those…

[Read more]

Hey SiS

I like your style buddy. I love the SiS rule and will use it widely. What I think a few people aren’t getting is that your rule is the 2004 rule for borrowing 100%(plus costs). To those (like me) who have no cash but have heaps of equity to buy property it will be a very useful tool.

The 11 second rule is so far out when calculating for…[Read more]

SD

I don’t know if you are still looking but I have a good one.

Prime Property
Toowong
Barbara Mules is the manager
07 3377 5888
Have got nothing but praise for the way they run their business. They do our IP in New Farm.

‘Eat rich food, barbeque a yuppie’

I am not too sure if they will go that far south, but I use Prime Property based in Toowong and have nothing but praise for them. The manager’s name is Barbara Mules and their phone number is 07 3377 5888.

Good luck

‘Eat rich food, barbeque a yuppie’

quote:
Isn’t that just “business”? I thought property investors would applaud this kind of entrepeneurial activity.

kay henry

kay henry

I think if you read my post again, I was by no means saying this was a dirty or underhanded practise. I was merely stating that for this particular property I was aware of the history.

That the buyers may be…[Read more]

Try using your internet search engine (google etc), that should pull up a few.

One of them is realestate.com

‘Eat rich food, barbeque a yuppie’