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Viewing 20 posts - 21 through 40 (of 85 total)
  • Profile photo of westinvestwestinvest
    Member
    @westinvest
    Join Date: 2005
    Post Count: 88

    I Agree,
    Landlords insurance, is an essential part of the risk management of your portfolio.

    Regards

    http://www.owner.com.au
    http://www.owner.com.au/phototour/listing_phototour.cfm?listingid=22315

    Profile photo of westinvestwestinvest
    Member
    @westinvest
    Join Date: 2005
    Post Count: 88

    Hi oshen,
    Go ahead put the rent up,if there’s any probs then
    get a new tenant, no problem’s.
    Regards

    http://www.owner.com.au
    http://www.owner.com.au/phototour/listing_phototour.cfm?listingid=22315

    Profile photo of westinvestwestinvest
    Member
    @westinvest
    Join Date: 2005
    Post Count: 88

    No deposit would be less offensive than a buck, my offer’s are always no deposit and subject to finance, white ant and builders inspection. Vendors acceptance in the case of land if I’m cashed up.
    Regards

    http://www.owner.com.au

    Profile photo of westinvestwestinvest
    Member
    @westinvest
    Join Date: 2005
    Post Count: 88

    I was permanent casual when we started investing 34 hrs, p/w.
    As our portfolio grow we dropped more hours now @30 hrs, p/w soon to drop again to 25 hrs.
    We have no problem at the bank being “permanent” casual.
    Good luck.

    http://www.owner.com.au

    Profile photo of westinvestwestinvest
    Member
    @westinvest
    Join Date: 2005
    Post Count: 88

    Yep thats how we see’s it ,from offer (contact date)date.
    Regards

    http://www.owner.com.au

    Profile photo of westinvestwestinvest
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    @westinvest
    Join Date: 2005
    Post Count: 88
    Originally posted by natwayne28707:

    Hi

    I was wondering if anyone has ever had any luck with builders paying compensation once they have gone over there contract date.

    Thanks
    Wayne

    Yes Nat,
    I too would like to know of any over contract comensations.

    Regards

    http://www.owner.com.au

    Profile photo of westinvestwestinvest
    Member
    @westinvest
    Join Date: 2005
    Post Count: 88

    Simple Terms: the best way to minimes CGT is to live in the house for a short time ,12mths

    Regards

    http://www.owner.com.au

    Profile photo of westinvestwestinvest
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    @westinvest
    Join Date: 2005
    Post Count: 88

    I do agree,
    Bubbles do tend burst at some time.

    Regards

    http://www.owner.com.au

    Profile photo of westinvestwestinvest
    Member
    @westinvest
    Join Date: 2005
    Post Count: 88

    You can hardly get rentals here now! The property prices have risen dramitically but the rents haven’t much…. yet!
    Hi Aposla,
    I agree,have a unit in Australind letting for 165 should be asking 180 – 185 pw .

    Regards

    http://www.owner.com.au

    Profile photo of westinvestwestinvest
    Member
    @westinvest
    Join Date: 2005
    Post Count: 88

    It is my view (I am in Perth) – W.A market has peaked. A lot of areas have been significantlly overpriced – Busslton, Bunbury, Mandurah,

    Busselton, Bunbury, Mandurah, is my development backyard.
    And I can tell you we are still booming.
    Project home Builders are closing there display centres because they have too many new homes on there books to be started, some have a 400 job’s backlog to clear.
    New home prises are still rising by around 6k pm.
    This prise rise must flow onto Established home’s??
    Regards

    http://www.owner.com.au

    Profile photo of westinvestwestinvest
    Member
    @westinvest
    Join Date: 2005
    Post Count: 88

    We build in Country W.A planning our 3rd this year our 4th in the past 2 years.

    Purchasing the land, You can still fined land in the South West priced from 80k we would purchase land in a subdivision.

    Engaging a Builder, We use Project Builders to build each home and its personal thingy as to who you use.

    Additional costs,We do not go for the home and land packages because you pay stamp duty on the Land plus the House if you do a package.

    Tell the land agent you plan to build for Investment, they may have a nice block at a lower price or better location in the subdivision.

    Tell the Project Builders rep “I’m an Investor” 1st up and he will have a better idea of what your looking for in a house plan.

    Regards

    http://www.owner.com.au

    Profile photo of westinvestwestinvest
    Member
    @westinvest
    Join Date: 2005
    Post Count: 88
    Originally posted by Amused:

    It is my view (I am in Perth) – WA market has peaked. A lot of areas have been significantlly overpriced – Busslton, Bunbury, Mandurah, Rockhinham and some surburbs in metro. A lot of listings on the market for more than 7 months … Wake up

    You’ve been hanging around TMA ??
    I am, Amused
    Regards

    http://www.owner.com.au

    Profile photo of westinvestwestinvest
    Member
    @westinvest
    Join Date: 2005
    Post Count: 88

    We have just discovered this one “finder’s fees”
    When we worlk into a builder to choose a new house plan to go with a new Home devalopment we are starting.
    We tell the rep we are Finding our selfs and they give us there finder’s fee $1,

    Just my 2cts
    Regards

    http://www.owner.com.au

    Profile photo of westinvestwestinvest
    Member
    @westinvest
    Join Date: 2005
    Post Count: 88

    I do’nt know the lie of the land in FNQ but do your sums and build a 3×2 or 4×2 either rent it out or sell it,I would sell.
    But that’s what I do.

    http://www.owner.com.au/phototour/listing_phototour.cfm?listingid=21772

    http://www.owner.com.au

    Profile photo of westinvestwestinvest
    Member
    @westinvest
    Join Date: 2005
    Post Count: 88

    We found building our own new home very stressful.
    But building, (Developing) a new home we fined is far less stressful.
    Maybe because we see the home as some one else’s.
    Our Development homes have gone smoother than our own home thus far.
    So if you have a block of land I’d say go for it Build.
    Regards
    http://www.owner.com.au/phototour/listing_phototour.cfm?listingid=21772

    http://www.owner.com.au

    Profile photo of westinvestwestinvest
    Member
    @westinvest
    Join Date: 2005
    Post Count: 88

    Welcome an9ie,
    HHmmm Yes I’ve seen some scary things out there too.
    But I think some time’s we need to look at the Big picture and ask are we being a little judgmental.
    Usually Nice / Scary in some cases are only streets apart.
    Have you seen to Banshea Grove??
    I know its Nice,its on my list “oops out the bag”
    Regards

    http://www.owner.com.au

    Profile photo of westinvestwestinvest
    Member
    @westinvest
    Join Date: 2005
    Post Count: 88

    Welcome te_khader,
    You have made a nice 1st time Investment, we will start developing along Warburton Trail later this year.
    We are locked into Building Contract’s and we are seeing good growth in lake lands, land cost us $84,-$86,.
    We have others on the go now in Australind, 1 For Sale and not at lock up.
    You have chosen a good way to go, live in for 12 months to save on CGT.
    But did you know the CGT clock may start ticking from when you put your offer in on the block not necessarily from when you move into your new home?
    You may be able start your next sooner.
    Ask your tax man.
    Good Luck
    Regards

    http://www.owner.com.au

    Profile photo of westinvestwestinvest
    Member
    @westinvest
    Join Date: 2005
    Post Count: 88

    jscott,
    I would love to know more about doing raps in W.A
    How many have you done, and any prods at all along the way????
    Regards

    Profile photo of westinvestwestinvest
    Member
    @westinvest
    Join Date: 2005
    Post Count: 88

    Thankyou all for your feed back so far about your Geraldton IP’s please keep them coming.
    cathyc29094 good to hear about Kalbarri as well, I have been there often over the years on holiday’s.
    Regards

    Profile photo of westinvestwestinvest
    Member
    @westinvest
    Join Date: 2005
    Post Count: 88

    I’m with you mini,
    skillful investors know how to make money in property in ALL markets. if you don’t, then you are just an unskilled victim, waiting for the market to be perfect for you. good luck waiting

    I remember when rate’s where up at around 18% there were property investor’s back then doing as we are today making a dollar.
    Regards

    http://www.owner.com.au/phototour/listing_phototour.cfm?listingid=20440

Viewing 20 posts - 21 through 40 (of 85 total)