Total Members: 158,364

beaniemonster

  • beaniemonster replied to the topic Project manager costs in the forum Value Adding 16 years, 8 months ago

    Hi Linar, i think most charge about 30%.  I have had a quote for 90% above for a straighforward job (yeah right i'll give them the job!).  We just did it ourselves, although my husband is a Project Manager anyway but in IT&T.  I'm sure others can offer you more detail than i can.  Maybe if you post where it is someone may know someone who is not…[Read more]

  • beaniemonster replied to the topic What makes you happy where you live? in the forum General Property 16 years, 8 months ago

    The hard yards are usually worth it Tysonboss1, you have a plan and a head firmly on your shoulders.  I believe good things come to good people in one shape or another and to those who work hard and remain positive.For what it's worth, my husband and i built our dream home (it was beautiful, perfect) in another suburb and we learnt a valuable…[Read more]

  • beaniemonster replied to the topic What makes you happy where you live? in the forum General Property 16 years, 8 months ago

    great response devo76, wow you make me want to live there now! lol  hmmmmmmso fishing and friends, sounds like a great recipe for a lovely life. :-)

  • beaniemonster replied to the topic opinion on tenant renewal in the forum Help Needed! 16 years, 8 months ago

    Hi Clovies, my personal opinion if it was me, i would not think any tenant was in a position in the current market to be negotiating with you on rent / terms.  If your rise is reasonable (i don't know where it's located so hard to tell) but i would think you should look out for yourself.  I had a situation with a tenant recently where the b…[Read more]

  • beaniemonster replied to the topic Property Investing Just as risky as stock market in the forum General Property 16 years, 8 months ago

    Have to agree with you birddog.  Three months ago i went out and bought 3 books on trading shares and they were pretty much for beginners, my god i think i forgot most of it in the morning (and that was just the first 2 chapters).Property does seem easier as most people need to purchase one to live in so it is familiar territory.  I can't just r…[Read more]

  • beaniemonster replied to the topic Altona, altona north, altona meadows in the forum General Property 16 years, 8 months ago

    Altona / Altona Nth / Altona Meadows are all completely different suburbs.  It's like comparing Williamstown with say yarraville.  Altona has properties selling right now for $500-$2mil where as altona meadows the top price is 500k roughly.  Altona north top price is around $450.  but they all buy you completely different things.  $500k in alto…[Read more]

  • beaniemonster replied to the topic Altona, altona north, altona meadows in the forum General Property 16 years, 8 months ago

    You would not get into altona for 300k (not even land value anymore) in the last 6mths at least it is booming.Altona meadows is a better bet for that money and i believe room to grow (last zone 1 railway and last suburb part of hobson bay council).Altona median has not gone up due to the esplanade prices!!! A good house or block goes within a week…[Read more]

  • beaniemonster replied to the topic How would I finance IP after just buying PPoR on 100% in the forum Help Needed! 16 years, 8 months ago

    Just remember depending where you are buying your investment property, usually if it is a high growth / expensive area your rent return is a lot lower than say regional or cheaper areas.  Don't over extend yourself, you should keep in mind interest rates may go up and your IP will be negatively geared anyway.  Depending on what sort of investor y…[Read more]

  • beaniemonster replied to the topic IP without loosing FOHG inVictoria ? in the forum Legal & Accounting 16 years, 8 months ago

    Hi, there is actually a lengthy article regarding this in the latest edition of 'Aus Property Investor' magazine which you can pick up from the newsagent for $8.95.  It has a website at the bottom of the article to go to for further help http://www.sro.vic.gov.auhope this helps you out,

  • beaniemonster replied to the topic Help with Creating Investment Structure in the forum Sorry Matt, i forgot to 16 years, 9 months ago

    Sorry Matt, i forgot to mention if you aren't working or at uni you could embark on a few reno's in some suburbs with growth potential and then rent them out and then in 10yrs time develop on the blocks for further growth and depreciation.  Suburbs close to any beach and within 10kms of a capital city usually are your best bet.  Research, R…[Read more]

  • beaniemonster replied to the topic Help with Creating Investment Structure in the forum a bit dissapointing matt, 16 years, 9 months ago

    a bit dissapointing matt, why do you feel the need to say 'i'm not an enemy you want to make'? that can sound a bit threatening don't you think, or was that your intention.Tyonboss was a tad right, your post came off pretty vague and i think we could all agree there are not many 19yr olds with that sort of money.  Just remember respect can go a l…[Read more]

  • beaniemonster replied to the topic It can only get better………….right?????? in the forum Help Needed! 16 years, 9 months ago

    What a shame you have had some bad experience, that can be quite stressfull especially when you should be happy and excited about buying an investment.  All you can do is think, it all happens for a reason and the right property is out there somewhere for you.An example i have of my own is where we previously had a 30 day settlement on a property…[Read more]

  • beaniemonster replied to the topic A word to everyone in the forum General Property 16 years, 9 months ago

    i do agree with you blogs on the last sentence, but geeze you don't have to generalise about peoples professions.   Instead of commenting to him and putting him down, just ignore the post altogether, you aren't helping people feel at home when you put down their profession. Let people express themselves, it is here for all of us to join in do…[Read more]

  • beaniemonster replied to the topic A word to everyone in the forum General Property 16 years, 9 months ago

    Blogs, i think you're being a bit hard on teachers. i know two teachers and believe me they mingle in private schools with professors and doctors.  Who taught you how to add up the numbers in your investments, oooh a teacher i presume.  Be constructive, we are all here to learn and share… not pick on newbies like we are AT school! 

  • beaniemonster replied to the topic A word to everyone in the forum General Property 16 years, 9 months ago

    Gee Gloria!!! for someone who had a stroke your typing is marvellous. LOL

  • beaniemonster replied to the topic Online Homeloans? in the forum Finance 16 years, 9 months ago

    We have several investment loans through Onedirect and we deal with one person and he is great, we have found their service and response time great and a good rate too.  We have found dealing with them over the phone and via email wonderful and easier for us than going in to see someone.  We have 80% loans and it has been an easy process for our 3…[Read more]

  • beaniemonster replied to the topic Why is Western Melbourne so bad? in the forum General Property 16 years, 9 months ago

    Sorry oneiricer, not directed at you personally.  just a figure of speech in terms of most peoples general outlook of the West versus South East.  Just trying to help out with a little insight hope i helped a little.  Gosh so many topics are turned into a roasting here, maybe i should put my tail between my legs. lol  no really i think your top…[Read more]

  • beaniemonster replied to the topic Why is Western Melbourne so bad? in the forum General Property 16 years, 9 months ago

    One more thing which is interesting…. my husband can remember when no one wanted to live on the Esplanade in Altona (due to seaweed smell) they all thought Queen Street was better, so hence why there was a lot of vacant blocks their and small cheap houses until a few years ago.  Who's laughing now, small 700sqm blocks sell for no less than 1…[Read more]

  • beaniemonster replied to the topic Why is Western Melbourne so bad? in the forum General Property 16 years, 9 months ago

    Keep in mind though majority of the population of melbourne has been in the North/South/East for a lot longer than the West.  Most people will stay near their families when they buy a first, second home especially with young children to raise.  My husband can remember when Altona Meadows (in the west) used to be paddocks just for rabbiting! I bel…[Read more]

  • beaniemonster replied to the topic Property Market Hotting Up in the forum I have a close eye on 16 years, 10 months ago

    I have a close eye on Altona, in Melbourne west and 1 year ago not many properties were being auctioned.  Now, almost everything is auctioned.  Two Auctions recently, at least 5 bidders quarter acre blocks with average wb homes asking $400+ and $490+, well both sold on the day of auction for $601k and $590k.   Any decent property or site sell wit…[Read more]

beaniemonster

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