Thanks for all of your advice…

Another thing that concerns me is finding a reputable builder. I am very green, and don’t want to get ripped off. How do I judge what is a reasonable price and what is ‘she looks blonde, I’ll add on 25% dumb tax’.

Other than location, what factors do I need to take into account when choosing land?

Thanks…[Read more]

Thanks for the heads up, Gary.[]

Would this be the same deal with buying an existing 6 pack? How about if it was 2 or 3 duplexes on a block?

Thanks,
Victoria

Reason can answer questions,but imagination has to ask them. — Ralph Gerard

I think Andrew asked an important question about what the current tennant is doing.

With higher costs your negative cashflow could break you if the current tennant moved out. How long could you afford to keep up the payments if you were unable to find a tennant straight away? 1 month, 2?? (I don’t know what your situation is, you may be able…[Read more]

I think that this is the silliest advice I have ever heard!!!

For the owner/occupier or for the investor, there is no need what-so-ever to pay top dollar.

Generally when selling a home, the vendor will add a bit on to their expectations in order to play the game. By offering the full asking price you will most likely pay more than they really…[Read more]

Hi all,

Having worked in insurance this topic makes me feel a bit worried. Please, never take advice from a consultant over the phone as to what your sum insured will be. They can’t see the property and are working on VERY broad averages.

Best thing is to get a builder to quote you on building a property to the same size and similar…[Read more]

Well I think the whole issue is an interesting one, and I have written to the author of the 3 articles asking his opinion on a lease-option, which in my opinion is a whole lot nicer for all concerned. Wrapping to me just sounds a bit scary. 25 years is a heck of a long time.

What if I wrap a property to someone (is that the right terminology)…[Read more]

PS, excellent book, very easy to read and very informative for the newbie.

Bought it on Thursday, finished reading it on Saturday.

Hi kids,

I bought the book from QBD – the book shop. They are having a sale, 12% off everything, so I paid just $26.36, even though they had to order it in for me, as it was out of stock.

What a deal!!! Check it out![][][]

You know, I am looking into this and my age seems to be a barrier in the oposite way. I am 25 and people might look at me and think ‘she’s too young, I don’t trust her’ etc, especially when offering wraps etc. Would married couples in their 30s be threatened by a successful person my age? Would those in their 40s wanting to buy a home trust…[Read more]