Total Members: 159,401

ScaryMary64

  • ScaryMary64 replied to the topic Bird-Dogging in the forum Creative Investing 19 years, 9 months ago

    Hi Darryn,

    Maybe a good suggestion that a site like this one could host some sort of contacts or oportunities page that would bring investors – developers – builders and bird-doggers together.

    Mary.

  • ScaryMary64 replied to the topic Interesting article on rents. in the forum General Property 20 years, 6 months ago

    Kay,

    I think it all comes down to cash flow. When you’ve borrowed 90% of the purchase price of a property (as most investors will if they can) then the percentage of the loan repayment covered by the rent is pretty important. With interest rates at 7% and rental income in Sydney running at 4% that’s a 3% loss you’ve got to cover (1.5% on a good…[Read more]

  • ScaryMary64 replied to the topic Own Vs Renting in the forum No Subject 20 years, 6 months ago

    When My fiance & I bought an IP we had $50K between us as deposit.
    We really wanted a house to live in but even back in 1997 in the Sydney market we were looking at $400K for what we really wanted.
    So we bought a small 2BR-SLUG IP for $215K and continued to rent a 3BR-DLUG townhouse that was big enough for us and the impending kid.

    When we sold…[Read more]

  • ScaryMary64 replied to the topic Agent issue in the forum Legal & Accounting 20 years, 6 months ago

    Hi,

    My pet hate is real estate agents.

    I’ll live without them whenever possible. They are only working for one person – themselves.

    The only good experience I’ve had with an agent was getting one to find me a tennant. They did all the background checks, found me a good tennant, I paid them the first two weeks rent and then they left me alone -…[Read more]

ScaryMary64

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