Thanks goodrum. I saw that entry in my initial google for information and thats what concerned me. Think I’m going to give vinyl wrap a miss

Must admit I’ve really liked the new lighter summer colours that have come out so I’ve bought a few of those for the boys in my life. I try not to pay more than $49, but I’d like to be able to get great ties (must be quality fabric, silk or silk mix) around thirty dollars.

Gotta agree with you there Marisa.

I’m another happy Perth bunny who won’t be pulling out of any real estate holdings here any time soon. I’ve always felt Perth and WA in general were under appreciated and never treated seriously. I’ts a pleasure to see the place being “discovered”.

I think any who is waiting for WA to slip into the background…[Read more]

If you want an IP, then you will do very well in the area. Heaps of demand for rentals and as Marisa said, a bonus if you buy a duplex /triplex sized block because you have the development potential later. I wasn’t quite clear what you meant by “safe”though. Did you mean a safe investment? If you did, I believe it would be because the area is…[Read more]

Thanks for the addendum idea to help pay for the damage caused by smoking.

I can’t understand why people would think that its okay to smoke in the home these days. I’m an ex smoker too and I’ve come to realise that some people simply aren’t sufficiently nauseated enough by the stale smell in homes to worry about it but I know I loathe it. If I…[Read more]

Very occassionally on REIWA.com you might see a strata block (130-180k) .They are one third of a triplex site and you’re buying one section, if the owner/developer only wishes to build on the other two parts. You’d need to let your REA know that you’d be keen if one comes up. Usually those opportunities get snapped up quickly, often not requiring…[Read more]

Well I’m not sure if I’ve understood you correctly but I’ll try to answer. When land is advertised in the REA window, its already been sold at least once and is owned privately so you only have the choice of that one block.

If you put your name down because you are interested in a block in a new development, then you get the opportunity to choose…[Read more]

Your friend may also be a wee bit cagey with the info because she doesn’t completely understand it well enough to explain it properly. I know what that feels like being a learner myself. If she has a good accountant she may only be interested in the end benefit. Some people believe firmly in the old saying ” why keep a dog and bark yourself”.

My…[Read more]

Queengucci are you able to say what type & where the 5 ips are? You might be able to get some brain storming going here about their known potential at the moment and some possible scenarios. Thing is, even if you think there is going to be a general crash of property prices, there are always going to be markets within markets that survive. It will…[Read more]

I think its great you fessed up to that because bottom line lots of people read the postings and we can all learn from it.
Amazing isn’t it that such a small amount can do such a lot of damage. I don’t know much about credit ratings so are you able to say whether the bad rating gets removed if you simply pay the amount owing? Or doesn’t it matter…[Read more]

Well perhaps you don’t need to tell her the overall picture any more. You’ve done it now. Now just quietly get on with it and it will just happen. Its the actions that will convince her in the end, not what you say necessarily . I’m not advocating dishonesty, its just easier for some people to accept new ideas sometimes if they see the idea…[Read more]

No you won’t get a FHOG if you intend to rent the property out.

On the plus side, if you buy a property that is an investment, ie you intend to receive income from it and you DO NOT live in it at all, then

you’ll be able to claim a FHOG when you eventually do move into a property that is your PPOR.

Well we did exactly what you are contemplating and enclosed our carport. It was not necessary to get council approval and we are in Perth. We had the sectional remote door installed first by the experts. We then used fast brick to fill in between the pillars and rendered that. The rear wall, we cheated slightly, pushing it out further on the eve.…[Read more]

I don’t know the area so can’t comment specifically, but have you googled the suburb itself to see what you can find more broadly that is available for sale and rent?
That will bring up for sale listings with lots of agents. You should be able to get an idea of current values for similar sized property then factor in the worth of the communal…[Read more]

One way to look at it is to think about how long it takes to train an accountant and then add on the time accumulated for their exposure to direct experience while working. If you can match that, then go for it, but for my money I’d rather minimise my risk and do some reno work myself. The accountant can keep his/her job!!

One way to keep the times down that you get charged for is to be very specific about what you are asking. It saves wasted time in a meeting or phone call. I’ve been doing that by asking the question in an email. Then I get a written email reply. Short and sweet and a record of what I’ve been advised to do.
Still get billed, but at least I know what for.

I was very tempted by some Balga triplex property myself but it was a bit of a stretch at the time so didn’t unfortunately and its just got more and more expensive over the past year. You need to know the prospective rents you can get, proximity to the schools, shops, buses etc. Check out the other new builds in the area too and see what kinds of…[Read more]

Some top ideas in this thread.
Must admit we have been great fans of garage sales and the Quokka as well.
Well lets see, what can I add.
We found a relatively local sand quarry where they were not only selling off the sand by the truckload but they were taking in truckloads of builders rubble to fill the quarries up. As a side business they sold…[Read more]

Just a point about painting the boards. You could find that the varnish is a total pain to remove and I’m not sure you can just paint over the top of it. In the 80’s, houses with panelling were treasured and boards preserved as “natural/stained” wood. Then fashions changed and it was suddenly acceptable to paint them. Its a fashion thing and bound…[Read more]

I can’t resist popping my tuppence worth in on this thread. My gender definately impacts on how my family invests money. Trust me, if I don’t like the attitude of the real estate agent we do not buy the house. [exhappy]
My husband is resigned to the fact that unless the agent knows how to treat me as an equal human being then they don’t have a…[Read more]