Total Members: 159,193

wakebrownb

  • wakebrownb replied to the topic Decision time…advice wanted in the forum Help Needed! 11 years, 6 months ago

    Hi Jack, thanks for the reply. Yes I agree with what you are saying. Also living here in Emerald I see first hand what is happening too which is beneficial.

  • wakebrownb replied to the topic Decision time…advice wanted in the forum Help Needed! 11 years, 6 months ago

    Hi Jamie,yes in my opinion it will go up in value. It is in a good location and due to its location is ideal for tenants as they can walk to shopping centre and all major town amenities. The gutters definetlly need replacing at a cost of $4500(the rest is replacing the roof costs) and nobody in town will touch the job without replacing the…[Read more]

  • wakebrownb replied to the topic Newbie needs to know where to go from here……. in the forum Help Needed! 11 years, 10 months ago

    Hi Mikko,
    having come from a very similiar situation myself I can relate to your situation. My best advise would be to be patient and just get rid of the personal loan straight away. Then focus all efforts on 1 credit card at a time and get rid of it asap. Once both are gone you firstly can stress less but then focus on getting some cash money in…[Read more]

  • wakebrownb replied to the topic Can I rent from myself? in the forum Commercial Property 11 years, 10 months ago

    Can the same rules be applied to residential, whereby the property bought by the parent company is leased by the business to house employees in?

  • wakebrownb replied to the topic MAP sessions with BInvested in the forum Help Needed! 11 years, 10 months ago

    JT7 wrote:

    Qlds007 wrote:
    Hi JT7

    Do you think i should be putting up my hourly rate up from 1 x latte per hour then ?

    We will be coming to Sydney with the Property Know How Club so look forward to meeting as many members as we can over the year.

    Cheers

    Yours in Finance

    LOL Hellooooo Richard! 

    That is fantastic news mate…..of course,…[Read more]

  • wakebrownb replied to the topic Propery valuation and common areas in the forum Help Needed! 11 years, 10 months ago

    D, that is what I feared.
    Scott, when u put it like that it seems so obvious….cheers

  • wakebrownb replied to the topic Propery valuation and common areas in the forum Help Needed! 11 years, 10 months ago

    It is in QLD, she is wiling to pay all expenses, solicitor, surveyors, fence costs etc, but my issue is that by changing the common area boundaries she will get a gain in the valuation due to her increased land size and I get nothing as I loose the use of common area and this will affect my value(won't it????)

  • wakebrownb replied to the topic Finding property owners in the forum Help Needed! 11 years, 11 months ago

    Thanks for the replies, will go chase up the DERM here in QLD

  • wakebrownb replied to the topic Harder working money in the forum Help Needed! 11 years, 11 months ago

    JacM,
    whilst I have improved out of sight with my money management skills from a few years ago, I am no expert and just want to be sure I am getting the most bang for my buck. I guess the best lessons are learnt by doing so I will continue with what I am doing as so far it is working nicely for us and we will just adapt the process as we move forward.

  • wakebrownb replied to the topic Harder working money in the forum Help Needed! 11 years, 11 months ago

    Hi Finance Shop,
    I am in Emerald in sunny QLD. I consider myself to have a healthy appetite for risk, my wife on the other hand may need some convincing but she is starting to come around….As far S time goes I am only 35 so I figure I have some time on my side….

  • wakebrownb replied to the topic Harder working money in the forum Help Needed! 11 years, 11 months ago

    Hi JacM,
    I have used Richard before and he has helped me out imensley, he is a pleasure to deal with and very insightful. It could just be a case of me being impatient too, thanks for your reply

  • wakebrownb replied to the topic Harder working money in the forum Help Needed! 11 years, 11 months ago

    Hi Catalyst,
    Yes I do want to invest in property and I have IP. My strategy to this point has been to rennovate to hold in my local area and would like to mix this up with buying new interstate. I primarily stick to houses and look for the 'ones with a difference'.I have a clear goal and know how I am going to get to the end result, I just believe…[Read more]

  • wakebrownb replied to the topic Buy and Hold: the end goal in the forum Help Needed! 12 years, 1 month ago

    Hey Richard,
    I want to learn more about your approach, this is definetly a path I want to follow but I fear a lack of patience on my part is making think and do the wrong thing. I make a very healthy income and feel like I am stagnant……

  • wakebrownb replied to the topic To render or not? in the forum Value Adding 12 years, 5 months ago

    Hi Dubstep,paint cost is approx $5-6K

  • wakebrownb replied to the topic To render or not? in the forum Value Adding 12 years, 5 months ago

    Hi JAmie,in Emerald pretty much anything is in demand, dueto the shortage of properties. I was only doing it for the value adding proposition. I'm lucky enough that my employer gives me $16k per year to do improvements to  my PPOR and I was thinking of moving back into it and doing the work and renting out my current PPOR

  • wakebrownb replied to the topic To render or not? in the forum Value Adding 12 years, 5 months ago

    Hi Andrew,no it would be the only rendered place in the street, it is in Emerald in QLD. I plan to hold it for a long time

  • wakebrownb replied to the topic clipon boards for deck?? in the forum Value Adding 12 years, 5 months ago

    There is another product called knotwood which is aluminium decking and it also clips together. You can get wood looks or any colour u desire.

  • wakebrownb replied to the topic Investing for income in the forum Help Needed! 12 years, 5 months ago

    Thanks everyone for your feedback, your posts have been very informative and helpful, cheers

  • wakebrownb replied to the topic Investing for income in the forum Help Needed! 12 years, 5 months ago

    Cheers stream

  • wakebrownb replied to the topic Investing for income in the forum Help Needed! 12 years, 5 months ago

    Thanks Jamie

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wakebrownb

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