gronk007No, I don't think that you are over reacting.  I have no idea what PM's actually manage anymore??  I am considering doing my own Property Management.  Have you considered doing it yourself?

In 17 years I have had 12 investment properties and I still havn't found a PM that I am totally happy with.  We are currently building and renting a place and now I am experiencing what it is like to be a tenant.  I'm now even more disillusioned about what a PM actually manages.  I am currently in the process of getting my real estate licen…[Read more]

Hi Will 2 WinI have competed myhomework on kit homes vs project builders.  I investigated construction of a duplex pair with ASK Homes.  All costs with a builder was approx $400K (this includes all council fees, engineering fees, etc and duplex ready to live in)  The ASK duplex as a comparison would be approx $350K.  Still not convinced that the $…[Read more]

Hi Will2WinHave you looked at ASK Homes website?  I'm going through the same process at the moment, so will let you know what I find.

I'm 40, I love my job.  I've been investing in property for 17 years.  My goal was to go part-time at 40, which I have done.  My goal is to have the option of retiring from paid employment at 45.  Unless the conditions in my job change too much I will keep working as long as I desire.  Let's face it, it is very hard to get rich by working for an E…[Read more]

I just bought the Ford Festiva Econetic, diesel.  Most fuel efficient car you can buy right now.  I get 900km out of a 40 litre tank. ($50 to fill)  My previous car was a Hyundai Getz and the fuel economy in my Econetic is twice as good.If you wanted to buy an electric car you could look into solar power farming for extra electricity.  A fri…[Read more]

Ardenvale Homes, Hugh Begg

Hi RyanThanks for reply.  It's great that you have worked out that time is SO precious at an early age.  Took me quite a few years to work it out!  Bit slow! (-:We are loving Toowoomba, people there are so friendly and it is very child friendly.  We have finalised our house plans and plans have been submitted to council and the surveyor is wor…[Read more]

Ben, you are too funny. I am sitting in a hotel room in LA by myself and have watched all of your You Tube video's.  It has kept me amused for ages.  Love  the plasticine one and of course your proposal and I was laughing so hard I cried when I watched the cooking one.  You are a natural, have you considered Hollywood??bfree2live

Thanks Sonya and ByronI picked up my new Ford Fiesta Econetic a couple of days ago.  It is the most fuel efficient car on the market at the moment.  Fits in with the sustainable, eco friendly life that we are going to create.  It's bright green!One of my goals in life was always to have a holiday house but decided to buy into the Wyndham club (t…[Read more]

I have been so disillusioned with Property Managers that I have decided to get a real estate licence and do something about it!………. stay tuned!

Hi NonnieECan you find out who built the house?  Ask  the builder if termite protection was done on the development.  Get something in writing.  If it was included, is there a warranty?  Get a copy of the warranty.  I built 4 units one year ago and it was part of the council development approval to have termite protection.DIYPM

Hi Andrew- Contact local builder for ESTIMATE of what you require. Allow another $50K-$60k per dwelling on top of builders price as an estimate.  Most builders don't include absolutely everything in their quote.  Read the fine print.  – Contact local council for DA requirements and fees for whole development.  The answer will probably be very vag…[Read more]

Hi KellAdvise the real estate agent what you would like to do and ask them for the appropriate wording.  Or otherwise ask your solicitor.DIYPM

Hi JimmyJI have bought an investment property with a holding deposit of $20.  At the time I wanted to borrow 110% of the purchase price for tax reasons.DIYPM

Hi S21034It depends on your personal circumstances.  Can you afford it if the interest rates go up?  Will you be able  to sleep at night or would you be lying awake at night worrying that the interest rates might go up?With the global economy the way it is, the interest rates will probably be low for a while, also a good time to fix your in…[Read more]

Hi ZaxolipFind an accountant that specialises in trust structuring.  I have a trust but find it difficult at times in getting finance as some finance institutes will only loan to individuals.  There are tax benefits though and provides some protection.DIYPM

1Winner and PropertyQuotesBook,I had looked into renting out my properties as holiday accommadation but found it challenging to get short term holiday rental insurance and also when I rang the Office Of Fair Trading (QLD) they said that a holiday letting licence is required to do this.  I even completed a profile on stayz but got turned off the…[Read more]

Hi MattGood on you for having the initiative to look into property at such a young age.  This forum is filled with information as god_of_money pointed out.  You could easily spend hours looking at information.  There is also a list of recommended books to read on this forum.  Read books (get them from the library and save your money) go and loo…[Read more]

Hi Keiko489.3 sqm.  (including floor area, porch, carport) All units have 2 bdrms, ensuite and sgl lock up garage.  Unit 4 also has a carport and a theatre room.Also Adam, make sure there is no asbestos in the house or fences as it is very expensive to get it removed, or factor that into the cost.DIYPM