johann22 wrote:
If your painting a room and you fall of ladder what do you do? You get back on the ladder and start painting again. Turn this loss into a lesson and turn this lesson into making money in another venture.CheersJoahnn 

Joahnn, If you fall off the ladder painting a room you normally clean up.That is where we find out pundit. It ap…[Read more]

PS: Definitely, find yourself another agent… 

Sam,Sorry to hear of your predicament. If you thought it was a good deal to rent to family, and cover the difference in the shortfall. Then I can only assume that you would still think Its a good idea to rent at a reduced rate, and again cover the shortfall.I understand the place is negatively geared, but are you also claiming depreciation? There…[Read more]

I'm thinking a land grab out near the beach in Frankston and look to sub-divide. This will allow you to take advantage of plenty of Government spending on infrastructure. Time it right, & you might just be able to take advantage of selling in summer, near the beach, right around when the RBA cuts interest rates. Just a little extra bit of extra…[Read more]

hbbehrendorff wrote:
You could build 25 million kings palaces in Australia, Though it doesn't mean people are going to buy them I have heard this excuse from the property spruikers so many times it makes me laugh. It really isn't a valid reason for anything.Lets change your statement to something more REALISTIC so that you can invest based on…[Read more]

"…and he huffed and puffed and blew his house in…"People will still need to live somewhere,People will still need to eat something &People will still need to keep themselves warm & clothed. As long as you've built with bricks (Excuse the pun, its not meant literally), then there is little to worry about.In fact – "knock knock" –  is that…[Read more]

Just my 2 cents….Boom in prices NOT sustainable in the short term.My observations are that the prices are increased due first home owners pushing up the lower tier of prices and 2nd & 3rd home owners benefiting from this by selling their old homes for upgrades. Hence what we have today is a concentration of sales in the "middle" to "upper" part…[Read more]