Well, since I started this thread two months ago, we have decided to hold onto this property.  There seems to be a shortage of better places to put the money.  CheersS

Our property is actually slightly west of Toowoomba, in Kingsthorpe.  We have had no trouble in the Toowoomba market.  Rental yield, if I bought a property there today, would be lower than I'd like.  Watch out for the wrong sort of tenants in housing aimed at lower income.  There is quite a noticeable indigenous population, which our PM has ins…[Read more]

Thanks D,I shall have to look at that video.  I've forgotten about Lifecorp really, mainly because i put the idea of buying in the next 12 months out of my head.  I have something to sell, but it is under a new 12 month lease, which might make it hard to sell (it is real FHOG sort of stuff.  Thing is, though, if I sell, what else to put the mo…[Read more]

ummester wrote:

SHales wrote:

ummester wrote:
'there is alot of dumbasses out there'So I guess trying to educate you on how to write is pointless Shales?

You'd be one of those people paying off someone elses house, now wouldn't you?Yet you criticise me for, what, lazy writing?  I'm too busy issuing invoices and playing with my kids to w…[Read more]

ummester wrote:
'there is alot of dumbasses out there'So I guess trying to educate you on how to write is pointless Shales?

You'd be one of those people paying off someone elses house, now wouldn't you?Yet you criticise me for, what, lazy writing?  I'm too busy issuing invoices and playing with my kids to worry about doing a grammar and s…[Read more]

Very dissappointed with this part of the budget.  Overall though, I was surprised at how sensible Labor's budget was, not that I agreed with everything they did, but at least it didn't all seem stupid.S

Ha Ha Ha.  Look up a bell curve showing the distribution of IQ of the population.  It will clearly demonstrate to you, what anyone with a reasonable understanding of statistics already knows – there is alot of dumbasses out there.  In fact, by definition, half of the population have below average IQ.  Couple the dumbasses with the fact that ver…[Read more]

I go through NAB, and I think the insurer is Allianz.  Had one claim, which was very quickly and helpfully attended to.  The person at Allianz that I spoke to said that they could see that i hadn't had a claim for x years, so they would just push this one through quickly, without the normal quote rigamorole, as they valued our custom.  It was onl…[Read more]

Well thanks for sharing your story.  It certainly never occurred to me that settlement might be delayed by such a lengthy amount of time.  Then, when you said you were buying it from a local council, well, let's just say everything became a little clearer.  Councils – a law unto themselves.good luckS

Well, that was my first thought, really.  Developer who had satisfied that criteria flogging off tomorrows slum.

No, I don't know how they got my number.  It sounded like a typical database cold call, like you get from people wanting to give you a free mobile phone or a cheap holiday.  You're right, I might pick up something that I did't already know, but I still just can't stand going to those sort of things, knowing that as you walk through the door they a…[Read more]

Try not to represent yourself as more high powered than you are.  Keep it very simple and inexpensive.   It is simply a method of conveniently giving someone your contact details.  You've probably heard the stories of property investors turning up to look at property in their daggiest old trackies (in the attempt not to let the RE agents exp…[Read more]

ha ha this thread is the most entertaining i've read for a while.I'm wondering if International, AKA Tony Robinson is going to try to sell us property, property advice, a Tony Robinson CD or some drugs so we can be on the same planet. as he is – where the clouds are pink and the monkey's jibber jabber joo, and where it is completely up to you…[Read more]

Badgers_R_Us wrote:
Hi Eric!   Super great to hear from you. I bet you are a really super guys who's really great. Great!  Love all your ideas – great, super, AMAZING.  You must be a really good guy, and great as well . And  I bet you'd be great at anything you do. Super.I'm sorry Eric but have you been lobotomised and had the bit removed repl…[Read more]

seconded

YAY!!  Finally, the FHOG is to end!  YAY!Now we'll see what happens….If only it wasn't for that pesky 12 months grace on home loans from the big 4.I'm with you, Richard, fhog ending – best thing since sliced bread.Can't say I agree with those people who reckon now's a good time to buy.  I'll transfer more $ into RE when it looks like it might ou…[Read more]

Hi Eric,I'm just a cranky mother.  When I see such a smiley, glowing post from such a new poster, and such a happy little chat going on between two new posters, I just have to wonder if you've created two accounts and are talking to yourself.  I'm a sceptic.  I haven't suggested that you could learn anything from me.  I'm a little tired of peo…[Read more]

Hi Annies Dance,Beef cattle.  We have some cattle.  They have outperformed our RE over the last 4 years, and while cattle prices in our area are somewhat depressed at the moment, you don't have to sell, you just keep breeding more of them.  You can always sell later, or just sell what you have to for now.  Unfortunately, few people are in a pos…[Read more]

who is this guy and what is he selling?  I refuse to click on the link to find out.

So, if I were to find a property that I believe could be positive cash flow (depending upon LVR of course), what would be my next step as a bird dogger?  I have a property in mind, and if I wasn't considering moving myself, I'd probably buy it.  Timing is wrong for me though.At what point (LVR / interest rate / ROI etc) does a property qualify to…[Read more]