Forum Replies Created
when it comes to fronting up for a loan…its better to have a great bank manager than a great bank. I have a great repoire with my manager and would seriously follow her to a different bank if she changed. When you find a manager who invests and understands what your trying to achieve – dont let them disappear – woops …i should have said manager/manageress
“love the deal – like the property”
Obi..your post reminded me of the visit my wifes Uncle from germany made to Oz a few years back. Im not stating this as fact but he told me that property rarely changes hands in Germany ..and I mean rarely – common apparently for generations to reside in the same residence and in addition he was saying that rents rarely go up. In fact my wifes aunty in Germany pays something silly like the equivelant of $25 per week for her apartment…has done for the last 30 years and can apparently pass this on to offspring at the same rent. Dont know if this is concrete fact but might explain the flat market in places like Germany as opposed to a booming China market which investing in would be paramount to playing russian roulette – might change in the future as China ‘opens’ but high risk isnt a big enough statement.
Its the ‘unknown’ that prevents many from investing in other worlds and many of the unknowns are not presented until you dig deep.
Off track a little but yesterday I got a call from my brother in law who moved to Japan a year ago….he just purchased a car and now finds out he can’t get car insurance because he doesent speak Japanese….why he asked …because he cant report any accident/theft to police effectively.
Makes you understand why our market moves differently to others overseas anyway
“love the deal – like the property”
the almighty remote controlled garage door….i could sit for hours making it go up and down….but then im easily entertained
“love the deal – like the property”
As for a pool… I’d pay less for a property with a pool rather than more.
Not in Cairns ya wouldnt…Heee hee!!!
“love the deal – like the property”
ummm…dont know about that surf beach but anyway….my point was is why PD has forged ahead when Innisfail has failed to develop at all really. Innisfail isnt close to Daintree etc but is very close to some very impressive rainforest areas just north/west of Innisfail and I believe there is currently a rainforest canopy walk tourist attraction being built/planned as we talk. Proximity to the reef is probably about the same as Pd or not too much different anyway and Innisfail has a great natural port, riverfront land, land with sea views and all 1 hour to International airport – still doesent explain why PD has exploded in last 20 years and Innisfail has failed to grow much at all
“love the deal – like the property”
Maybe in the near future our IP’s will have to have things like remote control garage doors, security lights that light up as you pull into the driveway, burglar alarms and CCTV……sounds drastic but would these features command more rent than say a swimming pool?
The whole gated thing has been a coastal occurence but I guess we will start to see gated communities spring up everywhere…..I was reading somewhere a while back that #1 concern for over 65’s was securityFrom what jeff was saying it is already beginning to happen
“love the deal – like the property”
Doom and Gloom in brisbane.( say the papers)….thanks for the tip….I’ll be checking out Brisbane for a bargain then
“love the deal – like the property”
assuming the buyer wouldnt pay the higher price, if the agent has managed to pull a deal together to which both parties are happy, is that not in the interests of the vendor?
This is in the interests of the agent !!
lettign a house not sell because it is over priced seems to be in nobodies interests.
If you overprice you house you will get very little effort from your agent….what does this tell you…..the agent has little chance of getting HIS money !!!
Im not saying agents should not get paid for selling your property…of course they should but dont be blinded into thinking they work for the vendor or the buyer ….thats rubbish…they want their commision and the faster the better, because turnover is the key to their success.
“love the deal – like the property”
Hi Richard
Im based in Cairns with IPs in Cairns and Maryborough Q
rumbiz
“love the deal – like the property”
I have a permanent twitch in my right eye and often wake up screaming at night after removing wallpaper from an old property I owned……..try the wallpaper steamer and if that doesent work …burn the house down to the ground…if your insurance assessor has ever removed wallpaper you will recieve a full payout same day.
( this advise is absolute rubbish and I take no responsibility for any increase in wallpaper related insurance fraud )
“love the deal – like the property”
I too looked for a mentor for a long time until I realised that I was letting my fear of ‘ going alone’ keep me within the ‘safe’ confines of doing nothing. Your books, this forum and your own personal investing mind can be the mentor that never leaves your side. I hope you find the person that I failed to find but if you dont…make sure you dont let that stop you!!!
“love the deal – like the property”
Hi Guys
Just a thought about Buffalo as I too was very interested in the area and even went over to visit – beautiful place…..but back to my post..just make sure that you buy in a good part of Buffalo as the area has one of the largest declining populations in NY state….does this mean you wont do well…of course not….just know Buffalo well…do your due diligence and make sure you get building inspections as most places were being hammered together when Captain Cook sailed into sydney ( joking yes…but check the roofs as regular reroofing is common and expensive) Good luck and enjoy the experience.
“love the deal – like the property”
