Forum Replies Created
Thanks for the replies…
So Ummester & W J Hooker you are saying wait better deals are to come?
you use enamel on doors and skirting boards as it doesnt mark as easily and is easier to clean if if does mark.
We have an old kithen i was considering replacing benchtops only and painting doors and putting new handles on have got quote from 3 ppl they lal pretty much laughed saying it was pointless but to give you an idea benchtop replacement was going to be $1500 and a new kitchen $4000 it is a small kitchen !
i would get rid of the wall paper and paint a feature wall it sounds liek you are doing all 'earthy' colurs so why dont you just do to bunnings get a free paint catalouge and take the colours from that.
we are going to get the new kitchen
hope this helps
Hi
I have read on this forum before that the laws in Holland are not favorable to the Landlord. Sure that doesn't help much but if you look in the archive you might be able to find the post that i am talking about. Otherwise i think it was elkam that wrote about it…???
have a look on http://www.realestate.com.au
You will be able to see whats around. I would check out the vacancy rates in Cairns as my work has just got a job up there and there are plenty of places to rent there.
Im not sure either way but i think property is just familiar. How many people in Australia want to own there own home?
It would certainly be the majority. For this reason people learn about property by default therefore they are familiar with it and it isnt as scary as shares…
Shares on the other hand are pretty well foreign territory. I believe people have to go out of there way to find out about them. The terms are not used in everyday conversations. It is like a new language (more than PPOR, IP, IO…) to learn even before you start on the strategies.i am interested in shares but im not really sure where to start. I have the asx link in my favourites and plan on doing some of the free tutorials there.
looking forward to other peoples opinions
I don't think disconnecting Foxtel will get her to read the book i think it will just make her angry – it would make me angry! ( not foxtel but being told/made to do something). hahah
I have tried getting my boyfriend (of 7 yrs) to do a lot of things he hasn't wanted to and each time it has been the worst time in our relationship (like quitting smoking). He has quit now though he probably would have done it in his own time though if i had left it alone.
So now i am trying to get into investing i am approaching it a little differently – i have books around the house and i talk about what i have read and the possibilities. Occasionally he says NO MORE but he is generally more open to the idea now. So i think i will keep going with this.
What does R.K's book say about context? – It is, hard to believe with the majority of people around you working 9-5 that there are other options and I'm sure this is where some resistance comes from.
I wonder is there is a psychologist on this forum that could give us all some tips???
Anyone know any good share market forums?
its true the beach stinks! and there are soo many sea lice it is not worth swimming there.
I have noticed since i have moved (2004) from there that there has been alot of growth and that more ppl seem to be taking advantage of the water, there are lots of jet skis and boasts around.
Even with the new bridge transport will be an issue. Bus transport to Sandgate for the train was irregular and cramped.
What is happening with that train line? Even if it is put in i believe the station is to be at Rothwell which isn't great for the ppl living in Redcliffe anyway.
Hi
When i recently went for my first loan HECS/HELP debt was not even considered. I mentioned it to the broker and he said it wasn't a concern. What they will look at is your income for serviceability of the loan, employment history, other debt-Credit Card limit (doesn't matter how much you actually owe). Although my initial loan was for my PPOR so i am not quite sure how they will take into account income from the IP. But you will still need to consider vacancy rates and things like that.
I'm sure other ppl here will be able to help out a bit more.
hey there
PPOR – Principle Place of Residence. The home you own and live in.
IP – Investment Property a house your own and rent out.
Hope that helps
If you are using a buyers agent can't you specify what you are looking for?
say you want cash flow positive and if they can't do it talk to another buyers agentPPOR is principle place of residence (your house)
Good Luck
Hmmmm…
Would house prices rising, be a negative for the average Australian that is knocking John Howard back due to the change in IR laws?
Yes it would be.i read that 51% of renters are wanting to purchase within the next 12 months while only 16% believe that it will be possible for them.
Perhaps that is why John Howard is saying that housing prices will rise if Labour get in. To win a few votes back
On the other hand i also believe that the housing market will slow if Labour get in until everyone finds out how Kevin Rudd plans on running the country.
What is the historical trend in housing in election years after an overturn in parliament?
http://news.ninemsn.com.au/article.aspx?id=280956
About the mining boom
From what i have read i think it will still be a few years off. As a young Australian i don't think interest rate rises and the such will bring about an immediate recession due to the fact that alot of people my age don't even know what the interest rate is! Because of this and a general attitude of nothing can wrong i think we will be the hardest hit.
Thanks for the encouragement. I am sold. I have worked out it will take us about six months to get ready and go. I have also seen a negative post on another tread on this forum but i am sure that if we put enough effort into it we will reap the rewards. We both have some relevant experience – i am working for a civil construction company as a unqualified junior engineer (was studying completed one yr and luckily as i am working in the industry saw that it is not what i want to do) i have my truck licence also and my partner is a truck driver. So i think we should be able to find something even if it isn't exactly what we want at first.
ThrillHill and Anni do you mind if i PM you for some additional information?
Thanks Everyone
Thanks for the replys it really gets me thinking!
One thing that plays heavily when i am trying to make a decision (going on 1 yr now i will stop procrastinating) is the never get a job adage.
See link http://www.stevepavlina.com/blog/2006/07/10-reasons-you-should-never-get-a-job/
I first realised the irony of wokring hard for money reading Robert Kiyosaki Rich Dad Poor Dad.
and how about the saying 'You don't need money to make money'
Any ideas…
TA
thanks i will keep that in mind having reented for about 3 yrs you can defffinitley tell that some property managers don't do alot!!!
Hi
I have located a stand alone duplex and am not currently in a position to buy again for another 4 months or so, i have 2 ideas – negotiate a long settlement or birdbog. This property has a positive cashflow of about $60 per week. I will be doing up a speadsheet to check all of the figures (closing costs, rates, insurance, renovations, rental return) i have researced rentals in the area they are limited (currently 5 advertised). I live near the area and am planning a trip there this weekend. The property requires a little work (kitchen and bathrooms). This property is in a town with 11000 people in an expected growth area it is priced at the lower end of the property market. if anyone is interested please email me. Suggestions on bird dogging or negotiating settlements would be appreciated.
This is my first action after finishing Steve's book a week ago! I have seen alot of potential +ve cash flow properties and am eager to start investing
