Hi there people
As a newbie to this forum and to property investment all I can say is *wow*! Sooshie, Soleil, Dan the Man and the others this is great, it’s a great philosophy to share. I’m changing my career for the third time and each time I go into something complete different so the is a bit getting up to speed to be done. But once there I love sharing what I have learnt with others and watch them grow, and to me that’s satisfaction. ‘ You can’t take it with you’ Maybe I should become a teacher……..what am I saying I’ve got kids of my own, they drive me crazy, but we all need to be a little crazy some time. When we move to Melbourne at Xmas I’ll be doing this full time, with a bit of luck. I love the creating something from nothing game. So once I’ve done a few reno’s I’ll be able to contribute to this forum about building products and quick and easy tips for repairs and reno’s. Will be seeing you again. Thankyou
P.S Does anyone know where I can find the average or medium price for suburbs in Melbourne?
Johnb
Thanks to everyone for your thoughts, everyone is entitled to their opinions.
To Peter,
Thanks for the advice, I`ve taken it all on board and will be visiting a solicitor shortly.Sooshie, I understand your point of view and fully agree.
Hi Sooshie
Most of the ideas posted here have merit but I would return to an earlier post of yours where you said it would be difficult to protect forumites from exploitation (or similar words). I fully agree. I think that although people should do their own due diligence, when one responds to a web ad by a RE agent you are protected by the fact that the RE agent must abide by a code of conduct and rules governing their industry. That is protection. This type of protection would not be available here. Lets face it, there are many newbies around and they do need protection and guidance. With arrangements like wraps and many other innovations which are not traditional in the RE agent world there is even more reason for newbies to be wary. The urge to just jump in and get going is often very strong and this often causes investors to not be as diligent as they should be. At least, through an RE agent or reputable website like realestate.com.au one expects professional advice, services and accurate information. This website is not an RE Advertising website and taking it that extra step towards that will require the rules of engagement to be carefully worked out.I also agree that this forum is about networking as much as anything else. For that reason I suggest that no proper adverts are allowed and that people should be allowed to post and discuss deals (even if they are earning comm.) but that the discussions must be taken out of the forum at a point when the person posting the deal wants to discuss price and other specific details. That way this forum can be kept clear of free advertising and spam. Disclaimers will also be required.
Hi there,
Great to read all the differing views [8D]
It’s true there are many different ways of looking at this topic and each one is right (a quandry to be sure). Considering the range of experiences brought to this forum by all the forumites, it would be really hard to actually work out how to do this, without disadvantaging the ‘newbies’ and on the other hand disadvantaging people like Clinton, who are time rich, cash poor and are looking to do something positive.
Clinton, I believe Peter gave you some really good advice.
RE agents do have to go by a code of ethics, BUT, do you think they all follow this code? I’m sure most do, but I could tell you stories where your straight hair would curl.
What about Caveat Emptor? HousesOnly, do you think that the ‘newbies’ would understand this proviso on the ads, if it was made abundently clear to them?
Do you think there should be a moderator who concentrates solely on who advertises and also checks out if the leads are legit or not?
More questions, always more questionsCheers
Sooshie [
]“small steps make the journey” (SAS)
Well Sooshie
I think that Caveat Emptor or any other disclaimers would be read and noted but quickly forgotten by many. All “old” investors will know that the thrill of the chase is emotion charged for newbies and because it is new they get a little over eager. I have read so many posts on this site which say they have no IP’s yet but expect to have 3 or 4 in the next 6 months. This to me seems a bit like throwing caution to the wind for people with little or no PI experience. But at the end of the day, each person is their own keeper!![8D]Hi there,
HousesOnly (HO – for short next time, if that’s okay with you?)
That makes sense.
Down North Rd in Brighton (Vic) , they have a old, ricketty, broken pier, next to where the boats take off. It has a sign saying, not to go onto the pier (‘Dangerous’ – I think). How many people do you think were on that pier when I was walking along the bike/walking path?So,a few things can be taken from this.
1) they could barricade people from going onto the pier.
2) The warning sign could be sufficient enough to prevent claims being persued in the event of an accident
3) Removing the pier all together.In relating this back to this discussion on advertising
1) Restricting who advertises and number of ads (as Soliel suggested)
2) Keeping the ‘Caveat Emptor’ sign and a disclaimer posted at all times prior to logging in
3) Not allowing advertising at allI may have missed somethings out, so feel free to add.
Off course it’s not at all clear cut like that. The danger of this pier is obvious, obvious, obvious, yet some people still risk themselves by going onto it. I’d have it removed or fixed before someone can get hurt (aka taking proactive measures). The thoroughfair is enourmous at that point.
Another question with regards to the pier. Should someone get hurt, yet the sign clearly states not to enter onto the pier, are the council (of that area) liable for damages incurred?Love to hear your opinions
Sooshie [
]“small steps make the journey” (SAS)
Sooshie
I live in Bris. now but used to live just off North Rd and know the pier and sign very well. It is a great analogy and the three choices seem reasonable. I am not one for restricting ideas or peoples access to info, deals and other people and thus option 2 seems to be the best option at present. Maybe advertisers could be subjected to a more vigorous registration process where they provide more contact details which would allow them to be traced if required. If they were genuine they would not mind providing these details.Hi all,
HO, traded one beach for another [
] []
I tend to agree, that number 2 is best option, giving a swing either way on the issue.By the way, did anyone at any stage ask the council to do anything to repair or remove the pier? (I wouldn’t mind the wood from it..LOL)
My parents live in a street off North Rd, where the New Vogue living complex was built (cnr Younger Ave) tasteless if you ask me, but the penthouse with 3 bedrooms is asking between 6-700K
Okay, I digress (which I’m wont to do occasionally [:0)]) Anyway, my parents take Pip down to that beach so he can play on the Pirate Ship, but he always runs to the pier to look at the fishies and the starfish. It’s really not childproof and is a potentially HUGE accident waiting to happen.Just wondering whether the council knows it to be an issue and is ignoring it?
Cheers
Sooshie []“small steps make the journey” (SAS)
Hi there,
Resurrected…just for you!
Cheers
Sooshie []“small steps make the journey” (SAS)
Hi there,
I guess the above post didn’t make much sense unless you read the topic ‘Finders Fees’ posted by Kate G
https://www.propertyinvesting.com/forum/topic.asp?TOPIC_ID=3951
As I mentioned in that post, after looking at the pre-advertised sales list from the RE, wouldn’t it be nice to share the info around?
Night Night…or Good Morning
Yawning Sooshie [][|)]“small steps make the journey” (SAS)
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