Forum Replies Created
NO not really although I know some good ones and bad ones.
I am really interested in Body Corpoarte Managers though.
I have looked into this career and see it as hard work that could pay off. I know what the BCM’s are like looking after our properties! I reckon that a lot of theor practises could be improved on.
‘Eat rich food, barbeque a yuppie’ [greedy]
No but very intersting reading there. It seems the Exec. Producer of TT may have hit the nail on the head.
Why didn’t Media Watch get in touch with all the MAP participants though. It is my understanding that there are a number of them who are well on their way (or beyond) $1m worth of property.
I will await the next installment of the MAP on TT with much anticipation!
‘Eat rich food, barbeque a yuppie’ [greedy]
Originally posted by lifexperience:Any one know how to get great returns from investment properties without buying any?
Anyone?[buz2]
lifexperience
Become a real kick arse PM. I reckon with property going the way it is, investors will be relying heavily on PM’s. The best ones will get all the business. Word of mouth works well!
‘Eat rich food, barbeque a yuppie’ [greedy]
Hey Acey
Why don’t you take the hint?
I think people on here are pretty happy with what is posted. [thumbsupanim]
Maybe we are not all gazillionaire somersoft forumites [baaa] but we like what we see and learn on here. If someone posts something in error, it is usually picked up by someone else and corrected without too much fuss.
Take a chill pill![cigar]
‘Eat rich food, barbeque a yuppie’ [greedy]
I’m with Ausprop on this one, I am still in the market for deals as long as they fit my mould.
BTW, the stories about some houses attracting much lower bids than last year – reality has just hit our suburb.
A niceish 4 bed + study house on a 900sqm block was put up for auction in November last year. It was tenanted for 6 years and needs a little work (paint, carpet, landscaping, paving etc) but overall a reasonable house (9’6″ ceilings, stainless kitchen, marble b/r’s etc.). It was a bank matter and had a reserve of around $1.3m. The highest bid on the day was $1.02m but was increased to $1.05m after neg. The bank refused (silly them) and now it is on the market for sale.
I enquired about it as we are looking to move our PPoR, but was a bit shocked with the price. BUT it seems that the highest offer since the auction has been $950,000. The bank still wants $1.15m.
Milkmanjr, I think BS Free Realty has just hit us!
If I hang on long enough, all interested parties might go away and I could snatch it up for mid $8’s. I reckon with less than $100,000 we could make it look like a $1.5m house. There doesn’t seem to be a problem moving those price houses still as long as they are in v good condition and ready for someone to move right in.
‘Eat rich food, barbeque a yuppie’ [greedy]
Acey
The reason the Forum ‘Tell us what you think?’ is closed is stated in the last post of that particular forum.
Maybe you could read that before you have a go at the moderators/administrators on this forum.
If you have a good look at these forum boards you can see there are a number of places you could post your topic of importance.
‘Eat rich food, barbeque a yuppie’ [greedy]
As long as they are +ve CF, no problem!
‘Eat rich food, barbeque a yuppie’ [greedy]
Even though I have a 10mo old baby who I new would wake up around 6am, I stayed up and watched the race.
Go Mark Go. He is a shoe in for Williams next year. I seriously doubt Jensen will want to leave BAR after two podiums.
He drove so aggresively, something we have not seen him do for ages. It seems now he has a faster car, he can cut it with the bigger boys. Should make for some more intersting races where there is less downforce required.
‘Eat rich food, barbeque a yuppie’ [greedy]
Looking at your previous jokes, you must spend a lot of time in bars!
‘Eat rich food, barbeque a yuppie’ [greedy]
Originally posted by kathryngene:hi i have placed it in the agents hands and i will be keping onto the agent, seeing what he is doing.i was asked by the agent to leave the house vacant for a month to give him a chance to sell. i think that this is a promising sign??
So i have dont this and after the month will be tennanting it again.
Even though the market has slowed i am sure that there are plently of investors that would look at the position and see the potentialI don’t understand why the agent wants it untenanted. Surely you are trying to market this property to investors (as you point out). If the property was tenanted, investors would be much more interested because they would have cash flow from day one and an understanding of the yields.
If it was untenanted, they would only have the RE agents word on a weekly rental figure.
How many investors take note of that?!!!
‘Eat rich food, barbeque a yuppie’ [greedy]
Car Lover. I think you will find that most people do research before they buy their first property.
I would be almost 100% certain that NO-ONE would buy a car they saw in a yard without driving it first or looking at the prices of similar cars.
Why should realestate be any different?
‘Eat rich food, barbeque a yuppie’ [greedy]
Jarrn
Is the property you are looking at a unique property, or run of the mill? What I mean is if there is an abundance of 3 bedroom houses untenanted, maybe don’t look at 3 bed houses. You have to gauge the market in the area you are looking for and buy a property to suit the accomodation needs of the population. This way you can be at the better end of the vacancy rate.
‘Eat rich food, barbeque a yuppie’ [greedy]
Originally posted by kay henry:Sheesh- it’s not like these people were fools- they were just trying to buy themselves a holiday house. It was before the boom- not like the prices they paid back then were all about *greed*, Ted. They were just people who probably had a few bucks in the bank and wanted to have an investment.
kay henry
Without putting too much of a finer point on it, thats exactly what they were. Fools!
Where was their research? If they were foolish enough to part with $160,000 of their own hard earned money on a whim and thats what it was, one day – a deal, a whim, then they must take responsibilty for making a bad investment decision.
‘Eat rich food, barbeque a yuppie’ [greedy]
I may be shot down in flames here but I think we have become too much of a nation who sues at the drop of a hat (think USA). We grow up being responsible for ourselves, where has that gone.
Is it something that is not taught in school now or is it something that is not taught at home now?
If I invest in something, I know I could lose the lot if something goes wrong. I am not going to blame anyone for a bad investment desicion if I have not done the proper research.
‘Eat rich food, barbeque a yuppie’ [greedy]
And I got the houseboat!
‘Eat rich food, barbeque a yuppie’ [greedy]
Where’s Pisces and Richmond. They could have a great debate about the ethics of the story tonight.
Why if something bad happens to us is it always someone elses fault?
Where our own self responsibilty gone?
‘Eat rich food, barbeque a yuppie’ [greedy]
I do feel sorry for these people that have lost a lot on their investments.
BUT
No-one forced these people to sign anything. They had obviously not done any research on the area beforehand or even after looking at their properties. It is no elses fault except their own for signing on the day. You cannot blame banks, lawyers, etc for your own short commings.
‘Eat rich food, barbeque a yuppie’ [greedy]
I have an agent I use too that rings me about deals but always wants me to go and have a look at them before I offer.
‘Eat rich food, barbeque a yuppie’ [greedy]
mysta
Coohlah & Gilgandra are not quite in the same league as Forbes & Cowra. Forbes and Cowra are much bigger towns with many industries feeding off the larger population. Not that I am aware of any new developments in Gil’ and Coolah, but if there was to be CG, it would more likely to be in Forbes and Cowra.
‘Eat rich food, barbeque a yuppie’ [greedy]
Why would I waste good alchohol on a Mexican!
Pistols at 10 paces should do the trick!
‘Eat rich food, barbeque a yuppie’ [greedy]
