jason

well done

why don’t you ring the housing commision and ask them, i’m sure someone will tell you exactly what is going on. you could be sitting on a nice Capital gain there. last year i wanted to buy a whole street inMillicent from the housing Trust but the whole deal got messed up by an incompetent agent, pity it would have made me a…[Read more]

hi celivia

we are talking about houses that are privately owned but built by the state housing authorities. but the govt does sell them off every so often check with you state housing dept.
westan

hi akyboy

i gather you pay 6k now but settle in 12 months. if it hasn’t gone up in price and you settle then you need to come up with the 150k ???
one possible outcome is you buy it with finance, you hope that it goes up in value by at least the interest rate plus rates for you to break even.
personally i don’t like land because there is no…[Read more]

hi scampush

i’d check the figures again maybe you have added some monthly fees as weekly fees ?
20% just sounds too high to be right[xx(]
at the most 10% is tops i would think.

as far as managing the property yourself, i’ve done it and i don’t particularily like it, i’m too soft on the tenants so unless you can be tough and on the ball with the…[Read more]

hi jet

if i was in UK i wouldn’t even think about managing it myself. what if the tenant doesn’t pay rent, what if the property gets progressively run down. for me an agent will save me money and head aches.
bye westan

hi all

most of the properties i’ve bought are ex commission houses.
these homes are easy to fix up and usually in a structurally sound condition. they are low maintenance as well.
some people claim you won’t make any capital gains on these properties. this is rubbish. i have acheieved better capital growth from these type of house in the past 5…[Read more]

hi all

“You kidding right? He was flying at the speed of sound and fighting 100 agent smiths at once!”

yes he was but given his power at the end of the 1st film he didn’t even need to fight, bullets fell out of the sky. he should have be able to stand there and they couldn’t hurt him. thats why i thought it was inconsistant.
westan

hi comdom

i thought that it wasn’t consistent with the first one. in that, at the end of the 1st one he was superhuman (while in the matrix) and in the 2nd he was just very good, he seemed to have lost his power ?
plus it was a bit long, with a lot of boring bits.

westan

hi pschluter

i don’t get it why the posts every 30 minutes?[?]
westan

hi akyboy

sorry before i answer i have some questions for you
what is your goal with this deal ?
i assume capital growth ?
is it you plan to build on the land, sell the land ? when do you want to sell. how much does the land cost you to own.
are you getting finance what sort interest rates,
westan

hi

usually you should put the conditions in with the offer. i’d ring the agent and talk about it.
it sounds like your partner is fine with the cash but perhaps check with them to avoid any unseen problem.
it’s good to get preapproval because then you can make the offer unconditional which carries a bit more weight. all you need to do it run the…[Read more]

hi guys

don’t laugh mini from the servicemen i’ve met over the years they are doing a great job at teaching them “theres a time to have the brains of and idiot “.[]
these guys catch on real quick. (sorry to you ex servicemen just joking)[]
westan

hi ansonlau

you need to do the following hopefully you would have done some of these

1.checked the property out structurally to make sure it is OK. maybe a builders report.
2. check you have financial approval if you are getting a loan. it looks like the agent is asking for an unconditional offer this means you cannot get out of it. unlike an…[Read more]

hi all

celivia i like the idea of a small present for kids. but kay no matter which way you look at it aren’t we still trying to ultimately serve ourselves by keeping a happy tenant. i look at the situation as i am providing them with a well maintained house at a reasonable price all year i don’t expect a present from them for doing this, so…[Read more]

hi comdom

i’m a fan of the Matrix. thought it was one of the best films ever.
but i was very disappointed with the reloaded one, hopefully they can turn it around for number 3.

westan

hi everyone

i’m westan’s 12 yr old daughter

Guy is awesome, his voice can takle all kinds of music.
GO THE FRO![]

i agree that Cosmia voice is going down hill and will be out tonight.[xx(]

Bye Hannah.

hi mike

thats a generous offer. but if you invested that in your property you might achieve the same result, ( a happy tenant). perhaps a gift voucher with a local nursery or a cheap improvement?

maybe i’m being stingy?
does anyone here offer rewards to tenants who pay on time, i know Kiyosaki suggests this. it sounded like a top idea. the way…[Read more]

hi rob

this might sound a bit self focusing but i think the best thing for the tenant is for us to put something back into the property. perhaps a ceiling fan in the bathroom or fan in the bedroom with summer approaching. it costs more than a card but it sends a powerful message to the tenant that we are interested in the property and them also.…[Read more]

hi all

gee this topic has taken off. malachii is right on the ball with Jeff white (an ex cop also), belinda is experienced and trying hard and a new guy Dale seems on the ball so far. but Jeff has been promoted to office manager so i doubt he would want to go back to looking after everyones properties. (perhaps we can start a bring back Jeff…[Read more]

hi wrzboy

you need to decide what your overall startegy is, mine is buy and hold. but with the recent rises i’m actually selling some, but i’m reinvesting in property that is showing an even better return. it’s hard to resist playing it a bit safer by reducing debt (i’m doing this).
westan