i discovered leasing after owning more than 35 cars (i just love fixing them up !) when my lease was up i sold my last hi lux and used the money as a deposit on a house ! yehahleased a new hi lux the next day.i think of it as a good way to build a deposit ,my beautiful wife has a 90 bmw that goes like stink uses no fuel ,built like a baby tank and…[Read more]

offer vendor finance for about 20% of the value of the property.

nice tip scarecrow ! today s news ! just finished bollocking my agent for the leaking tap which has been ongoing for a year i keep saying " please replace " and nothing happens .this weeks property manager is away on a course ( probably resulting in a promotion and another trainee )i booked a rival agent to do an inspection / valuation and the…[Read more]

wait a few weeks, if the bikes are the chinese cheapos they will fall to bits soon and be impossible to repair, good luck

yep ! my sisters husband  ' found ' a bunch of receipts in his pocket a few months after i had sold the flat he painted for me  . i thought i had already paid him most generously ,one  i was really pissed off that my sister lives in poverty cos her husband wont take care of details .and two they got really upset when i suggested that a  proper bus…[Read more]

i have land lords insurance (and i would duck for cover behind my property manager from a large chain )and i love doing maintenance on my properties .love love love and i have lots of debt so no point suing me (till i am old )cheers and good luck

i refinanced recently and changed banks. went in to get rid of three accounts ($5 a month each )and a card (17%)IT TOOK AGES ! suddenly the good offers came out !  like 8% if i keep the card ……i had to raise my voice (which i dont do very often )my wife had the same experience ( she s nicer than me and still had to demand "strongly" )so if…[Read more]

have spent the day digesting the show and the real crime is wrapping up and on onselling all that debt as "property backed loans" when the owners had no equity and no job !  when things get tough there is no reason to stay amazing what people will do for granite bench tops (anything but maths !)sadly i have lost my shirt a few times in a variety…[Read more]

manage one and have an agent do the other .i am sure i am the only owner on the books who actually likes fixing my property up.i hate paying call out fees to have one washer replaced (every three months …)as a rule they go for the largest ad in the yellow pages ………..and stuff that requires a bit of co ordinating takes a very long time and…[Read more]

i love mine ! one less neighbour and two more car spots i get about 40m of council land making my block appear bigger too (street appeal )and really cool development opportunities if i can buy next door down the track due to two street access (s t c a)i had a friend in canada who bemoaned the fact he had to shovel two lengths of side walk my house…[Read more]

just watched the show and am  a bit confused ,i want to sell one of my ips now ,but i also  want to  go to america and buy more there …..how cool was that guys two acre house on the river ?( about to be forclosed on …)you have to question the logic of retiring  and having a big mortgage ???? i got the impression his equity was zipam i wro…[Read more]

just watched the show and am  a bit confused ,i want to sell one of my ips now ,but i also  want to  go to america and buy more there …..how cool was that guys two acre house on the river ?( about to be forclosed on …)you have to question the logic of retiring  and having a big mortgage ???? i got the impression his equity was zipam i wro…[Read more]

paint it  and leave it .i have two and live in one myself.cheers

hi you just have to go and look ,most agents dont really know what they have and are in the business of shifting accomodation to the first person who can afford it.
some thing i just noticed was that the “nice ” house we looked at had grandma carpet and pastel shades that would have been hot 50 years ago. it was all in good condition and was…[Read more]

hi just sat through a pitch for a similar strategy this morning ,the guy?/really big company wants me to take ALL the equity out of my house buy a brand new renter (house not unit, so he gets one tick ) in another city(x) ,all the rent plus my current payments go into my house(paying it off in record time ) while i seem to borrow the intrest…[Read more]

hi in the last year i have lived in sydney, melbourne and the gold coast . i grew up in perth an at one stage had three investment flats there.i found having a nationwide view helps a lot
i look at replacement cost .i.e what does a brand new appartment/house cost ? and also a suburb to suburb compare ” this is just like bondi/ st…[Read more]