Hi Benny

I have a few specific questions regarding to your suggestions.

1. Which paper do you normally read to get those sales ads? I admit this may sound like a very silly questions, but ever since I started using Internet to read news, I just haven’t touched an actual paper for years already. I recall some 10-20 years ago, my home letter boxes…[Read more]

With regards to the first one, I am actually keen to get rid of that investment property as my family will be relocating our to that zone that is close enough to that public school as we obtained a new home there. I will just need to get my wife to agree on that.

As for “you may not be wanting one that is a reno opportunity” and “the main…[Read more]

Thanks Benny for the lengthy reply. I totally agree with you, that it is much better for me to learn to fish rather than be given a fish, which is why I am learning those. The only problem is that there is such a wealth information out there, and sometimes I get lost in all those information, and other times I see conflict advise from both point…[Read more]

Hi Benny.

No, it wasn’t a House and Land package. It was an established unit near a pretty good public school and fairly well established shopping area, but problem is the area itself is an expensive area, which means the value of the property itself was high when my family bought it, and it was back at a time our investment knowledge was very…[Read more]

Hi Benny

One more question if you don’t mind.

Another agent approached me checking if anything pops up in Pallara, whether I would consider. No pressure in buying though.

I checked a few places and here is what I am able to obtain so far:

1. It is only 19KM away from Brisbane
2. Google map shows there doesn’t appear to be any public transport…[Read more]

Hi Originalsinner

I will do some research into those 2 areas you suggested.

But based on your knowledge (you are much more familiar with those areas than I do), say Beenleigh, apart from being close to the train line, what else can you tell me about that area that makes it attractive to investors?

Also what about the demographics there?

What…[Read more]

Hi Benny

Thank you very much for your detailed explanation and suggestions.

To answer your first question, my ultimate goal is to be able to survive on comfortable terms even if I get fired by my boss and I am unable to find another suitable job (Imagine if I get fired when I am at age 60 and its another 10 long years before I can retire, there…[Read more]

Thanks Originalsinner.

A bit wary of mining towns. They get good when the miming is happening and become worthless when miming closes… So, if the town has nothing else to offer aside from mining, I get a bit scared, but I will do some research into that.

Do you have any comments in Morayfield by any chance?

Thanks Benny for the reply.

Actually, I pulled out year 2016 Census Data and it shows the area as of 2016 has 2500 population with median age 58, so not THAT much different from the year 2011 data.

Also, with regards to the 10% capital growth, it is from Residex, which to me looks more like a computer generated figure rather than a figure with…[Read more]

Further to that, when I went to some “default real estate” sites such as domain or realestata.com.au, it looks like there are lots of new constructions in that area.

So with a population of a bit over 2300 (median age 54 as of year 2011) and yet so many new constructions happening, wouldn’t that create a over supply of properties than the…[Read more]

Hey.

Since you have been voicing very strong opinions against them, are you able to share exactly what your bad experience is?

Instead of just saying a one liner such as “I made a deal with them and I would avoid them at all cost”, can you please specify exactly where things went wrong? Perhaps some details such as:

1. Where was the property
2.…[Read more]

I don’t know, but by reading the posts here as well as speaking to them myself (I speak to both sides so I can hear both sides of the story), I get the impression that they may not be THAT much different to a “standard” agent.

I mean, come to think about it, the complains here are mostly categories into the following a few:

1. Complains about…[Read more]