PropertyInvesting.com | AlisonW | Activity https://www.propertyinvesting.com/members/alisonw/activity/ Activity feed for AlisonW. Sun, 12 Apr 2026 16:50:54 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 51b3984f694581b6a38bfb9049cea915 AlisonW replied to the topic investing in New Zealand in the forum No Subject https://www.propertyinvesting.com/topic/4368887-investing-in-new-zealand-4/page/2/#post-4434942 Sat, 08 Nov 2003 11:14:26 +0000 Hi Mini, could i please jump on and get your lawyer’s details? I hope to get something there when i go over next month and i have everything in place that you recommend!
Please send your lawyer details to feral’at’ekno.com

Cheers,
Alison

]]> f72b8dac3d52ae8dd40c69515834645e AlisonW replied to the topic Beware of your managing agent. in the forum General Property https://www.propertyinvesting.com/topic/4368446-beware-of-your-managing-agent/#post-4431901 Tue, 07 Oct 2003 08:00:00 +0000 I agree – walk with your feet.

Agencies are valued as a business by their rent roll; so by taking your property off them and reducing their rent roll, you have devalued their business.

]]> 5e4428df07ed7da2596bac375ce203d2 AlisonW replied to the topic trip to queensland from melbourne in the forum No Subject https://www.propertyinvesting.com/topic/4366233-trip-to-queensland-from-melbourne/#post-4418265 Sat, 28 Jun 2003 16:11:48 +0000 Queensland is like another country with the mindset a lot of the locals have – usually more conservative and provincial in their outlook.

I reckon they’re great people even though they refer to us southerners as “Mexicans” because we come from south of the border [:D]

]]> dc5e6b4cc114bc2fd71bfcb0c958b610 AlisonW replied to the topic 11 second rule? in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4366232-11-second-rule/#post-4418255 Sat, 28 Jun 2003 16:08:22 +0000 The 11 second rule/solution is calculating whether a property has a gross yield of 10.4% or more.

]]> e18b69f1e3323dc8fa7a55805cf584f4 AlisonW replied to the topic New investor testing the waters in the forum No Subject https://www.propertyinvesting.com/topic/4366229-new-investor-testing-the-waters/#post-4418239 Sat, 28 Jun 2003 16:07:14 +0000 Hi Kym,

1) No, neg gearing is NOT a bad idea per se.
This website is biased towards +ive cashflow, so you may find some replies will be biased towards this. If you want to get some excellent info at a more diverse forum, check out Jan Somers at:

http://www.somersoft.com/forums/

Somersoft is Australia’s largest forum and has a lot of industry…[Read more]

]]> e28a1502cfcdea93a6f8777209e553e9 AlisonW replied to the topic Steve Navra in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4365389-steve-navra/#post-4413981 Thu, 26 Jun 2003 17:15:50 +0000 Good news if you’re in Melbourne and want to attend Steve Navra’s seminar.

I am delighted to inform you that the next course is scheduled for Saturday 12 & Sunday 13 July, at the Rydges Riverwalk Hotel, 649 Bridge Road, Richmond VIC 3121.

The course runs from 9am to 5pm on both days, and catering and parking are included in the price of…[Read more]

]]> b8f774aaef5db38e6396c66610de27f3 AlisonW replied to the topic Beginner Seminars/Training Courses in the forum No Subject https://www.propertyinvesting.com/topic/4366143-beginner-seminarstraining-courses/#post-4417813 Mon, 23 Jun 2003 15:48:35 +0000 Read the bible:

“More Wealth from Residential Property” by Jan Somers.

This is the book that started it all and has the best info around. Written by a Queenslander for Australian conditions, Jan tells you how to invest in property and retire from it.

It is particularly good for the newbie investor.

Also have a look at:
http://www.somersoft.com/forums/

]]> 894c7afbdb2302dcf1eac4e45dbe227d AlisonW replied to the topic vendor finance cops a floggin! in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4366126-vendor-finance-cops-a-floggin/#post-4417723 Wed, 18 Jun 2003 13:51:34 +0000 Sounds like this article?
http://www.jenman.com.au/NewsArticles1.php?id=1

This thread will be deleted soon because it goes against what Steve is trying to sell, but i’ll post it here again for those who may not have seen it. I posted a thread about it a week ago, but it was promptly deleted so you may not get to see this at all…oh well. So much…[Read more]

]]> 183611ad10f0f69046e193e79cd6e158 AlisonW replied to the topic Oasis, St Kilda. in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4365909-oasis-st-kilda/#post-4416366 Sat, 14 Jun 2003 13:13:35 +0000 This is a dodgy part of St Kilda and you could do better for your money. It’s an extension of Grey St which is where a lot of Natasha’s streetwalk, and has lots of old blocks of units.

I think St Kilda is a great part of Melbourne and is a classic example of a suburb that has come full circle from a place that used to be where the rich went for a…[Read more]

]]> acb70ac0f65c6af6a52e7c1cb3f6885a AlisonW replied to the topic Financial Servitude in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4366080-financial-servitude/#post-4417399 Sat, 14 Jun 2003 13:01:07 +0000 Hi,

In the strict sense of the word, wealth to me is defined as assets minus liabilities.

However, financial independence is the key term and it is the ability to choose whether you want to work or not. It is the freedom to pursue your interests and hobbies without worrying about how to pay for the bills and groceries.

Ideally, i’d like about…[Read more]

]]> 4f823678bd04c85981e0b5380ec94db4 AlisonW replied to the topic In London, investing in Australia in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4365913-in-london-investing-in-australia/#post-4416394 Fri, 13 Jun 2003 13:30:18 +0000 If you’re after growth, you’d be better off investing in an inner city house as BDM suggests. You can get a decent period house for about AUD$500k in some of these areas that will show excellent growth if your view is medium to long term.
Remember that land appreciates and buildings depreciate.

It’s very highly unlikely that you’ll achieve any…[Read more]

]]> ee10d4951acdcbead3020db95199c369 AlisonW replied to the topic in vic in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4366067-in-vic/#post-4417330 Fri, 13 Jun 2003 13:22:16 +0000 I have to agree with G-MAN007, and would steer clear of these country towns with little chance for cap gains. To get a decent income you’d need about 30+ of these properties! Imagine the headaches with property management and the tax you’ll be paying.
I prefer unrealised gains that are compounding and aren’t subject to tax (CGT) unless they are…[Read more]

]]> 0296f5e2644f72ae39223ba08b4e2873 AlisonW replied to the topic 11-sec fail in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4366052-11-sec-fail/#post-4417252 Wed, 11 Jun 2003 19:15:24 +0000 You need to look at the net yield.
Forget about the 11 second solution which is simply a 10.4% gross yield.

Divide the annual rent by the purchase price and multiply by 100 to get the gross yield.
To calculate the net yield, deduct the outgoings from your rent figure.

You need to consider the big picture and not get bogged down on whether it’s…[Read more]

]]> 0187f7faaa9967a089241a42ecf585f2 AlisonW replied to the topic Newbie about to take the plunge!!!! in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4366017-newbie-about-to-take-the-plunge/#post-4417041 Sun, 08 Jun 2003 14:17:59 +0000 Hi Ishta,
I think that’s a great return at 9.6%, and i’m sure you’ll find it IS cashflow +ive if you do your sums again.

I’d also go with Interest Only finance, try and add value to the property, and then increase the rent by $10-$20 pw after 12 months.

]]> 8b1d1df3985c46c56733530754da2ec4 AlisonW replied to the topic You need more to retire than you think? in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4366018-you-need-more-to-retire-than-you-think/#post-4417054 Sun, 08 Jun 2003 14:14:45 +0000 Hi Andrew,
I’ve also read a LOT of property investing books and i also agree that Jan Somers has written the “bible” on investing in property for Australia.

I’m sure Sooshie would also agree? [:I]… unless she can name another great book that sums it all up so succinctly.

I also think about 25% is OK to allow for rental income expenses. In fact…[Read more]

]]>