https://www.propertyinvesting.com/members/beaniemonster/activity/ Activity feed for beaniemonster. Sun, 12 Apr 2026 16:50:54 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 64d7c70c1f72a35e07c9257fe83ea38a https://www.propertyinvesting.com/topic/4396157-want-to-back-out-of-a-very-very-delayed-settlement-i-have-posted-in-help-needed-also-oops/#post-4603590 Wed, 06 May 2009 00:02:53 +0000 thanks so much for posting all of that info GFC2007.  I have posted my outcome in the help needed forum (i double posted).  If you click on my name and click see all posts you should be able to find the link for my outcome. (it was good) .  A very interesting situation to be in indeed!cheers,

]]> 01e1ce4c348b246d94854abcfcc984e5 https://www.propertyinvesting.com/topic/4396156-can-i-back-out-of-settlement-easily-urgent-help-please/#post-4603586 Mon, 04 May 2009 23:42:45 +0000 LOL, ooops i was a little stressed when i wrote it all.  IT IS DECEMBER 2006 WHEN WE AGREED TO BUY IT.Update is, (and thanks for replies), we were buying it from a council and i guess they just didn't seem to take personal ownership of the settlement or following things up (even with us faxing and asking). we even had a letter from their…[Read more]

]]> f4c1e00373608929351448eb34d2a3f1 https://www.propertyinvesting.com/topic/4392339-ethical-question/page/2/#post-4582881 Thu, 21 Feb 2008 03:57:15 +0000 I'm in a similar situation with buying from a local council… settlement hasn't taken place yet and it's been 15mths! We are happy because we agreed on a price and that we could move a tenant in if settlement took longer than 30 days and we claim the rent and pay any outgoings.  We have not yet received any council rates or water rates… unless…[Read more]

]]> da8e20e48e2939a194f1142eb7c8ddd3 https://www.propertyinvesting.com/topic/4391878-no-answer-to-offer/#post-4580298 Tue, 08 Jan 2008 21:40:29 +0000 I can't tell you how many times i've submitted offers on 'stale' properties, only to find all of a sudden 'WOW' what are the odds another interested investor came out of no where and is suddenly interested and submitted an offer.. and as soon as i stand my ground on price, the 'investor' found another property elsewhere!I think sometimes it does…[Read more]

]]> 4e89803d8090570793d1c4478e12c472 https://www.propertyinvesting.com/topic/4391882-8-january-2008-squatters-in-my-house-how-do-i-get-them-out/#post-4580339 Tue, 08 Jan 2008 21:29:13 +0000 Okay, i don't know the legalities of squatters… but is there a local real estate property manager that could offer any advice.  Does anyone here know if you would be able to hand over management to an agent and increase the rent from $0 to say $100pw? Can you even do that? just a thought.If the property is half yours, then aren't you entitled…[Read more]

]]> 39eee0fda5c6d53863273e471f083402 https://www.propertyinvesting.com/topic/4391386-maribyrnong/page/2/#post-4576961 Sun, 18 Nov 2007 23:29:01 +0000 If you have driven around the refinery 'theheath' you will find it is NOT Altona at all.  It borders on Altona North and is closer to Williamstown North than Altona.  It may be near Seaholme, but not the heart of Altona.  It's a bit like 'Altona Gate shopping centre' – it isn't Altona at all, but Altona North once again.  It's a bit like peop…[Read more]

]]> bf2af06c43a6a09e56521c92e2780e51 https://www.propertyinvesting.com/topic/4391386-maribyrnong/#post-4576954 Sun, 11 Nov 2007 23:01:03 +0000 lol 'theheath' well i have a cold at the moment so can't smell much, but the council spend i think (don't quote me) around $40k per year cleaning it up every morning with a tractor so i honestly don't smell it.I'd rather that than the attractive high rise commission flats in williamstown (they make for a lovely view).  oh and lets not forget…[Read more]

]]> 486abf225c9144dec7f0d5bd3f23a97f https://www.propertyinvesting.com/topic/4391386-maribyrnong/#post-4576946 Fri, 09 Nov 2007 05:44:44 +0000 i agree with you blogs about peoples perception on the west being quite way off the truth.  I love the one where 'Altona' smells like a refinery!  Well i've been there for over 3yrs now and although i'm not near the refinery i'm a few blocks from the beach and i have never smelt it ever!!!!!  we get the bay breezes and it blows the smell to al…[Read more]

]]> c7c108eb65fa129e88e398fb0dcd8a05 https://www.propertyinvesting.com/topic/4390971-property-manager-not-returning-calls-or-emails/#post-4574946 Sat, 29 Sep 2007 04:12:20 +0000 AN UPDATE….. i sent an email outlining what i expect and got an email back at 11pm!!! bit odd. NOW… i am informed the other property i have with them is more than 14 days in arrears (not sure exactly how many and when this happened) and that an order to vacate has been sent. no other details given.  how appalling.  i have an email i sent to t…[Read more]

]]> cbcf7b173ea1cb0cbbb1e400559540b3 https://www.propertyinvesting.com/topic/4390909-negotiating-techniques-and-past-success/#post-4574673 Wed, 26 Sep 2007 06:45:49 +0000 It's very hard to answer as it would depend on the market conditions and the area and whether you were buying in a lower/medium or high value area.  I have properties in regional victoria and I bought 4 of them with a 10-15% discount even though some were advertised as 'negotiable above only'.  I have found 30 day settlements work for most peo…[Read more]

]]> a04ed447ec0861df10b894f70c48d853 https://www.propertyinvesting.com/topic/4390704-sick-of-greedy-plumbers-electricians/page/6/#post-4573594 Tue, 25 Sep 2007 23:32:22 +0000 Oh Oneplumber, don't forget to add into your list 'stay at home mothers versus working mothers (by choice), lol. The comparisons are everywhere and everyone has their own opinion and agenda. I may be only 31 but i have learnt along the way not to judge anyone until i have walked in their shoes.  I use to frown at mothers who told their kids off i…[Read more]

]]> 1255b49d3c4a6ecddb4ec729718c2576 https://www.propertyinvesting.com/topic/4390909-negotiating-techniques-and-past-success/#post-4574668 Mon, 24 Sep 2007 03:20:40 +0000 I have a sad storey.  A year ago we were looking to rent out our current house and build a new house.  We found a block 800sqm 2 blocks from the beach in Altona.  The owner wanted to sell asap as he had moved out.  The house was pretty bad and small so perfect for us to knock down.  We offered 370k, he would of taken $380k.  So we refused based…[Read more]

]]> 7c081795bac3083e4b249a33fd0e6d4b https://www.propertyinvesting.com/topic/4390902-illegal-monkey-bikes-on-your-property/#post-4574639 Mon, 24 Sep 2007 03:09:11 +0000 Not true in all cases devo76, we were on friendly chatting terms with our neighbours and asked them 5 times to turn down the amplifier and play at a reasonable time / day.  it fell on deaf ears and we now don't talk to them and are more than happy to seek legal advice if they do it again.  If you want good neighbours….. be a good neighbour i r…[Read more]

]]> d12e9752688ac55a3ea2d0cfa5de6e86 https://www.propertyinvesting.com/topic/4390902-illegal-monkey-bikes-on-your-property/#post-4574637 Mon, 24 Sep 2007 01:39:52 +0000 ooh one more very important thing…. keep a diary of dates and times. duration and how often will play a big part if council are to say send a letter.

]]> 20465776affc34c20bc799943aec6dd0 https://www.propertyinvesting.com/topic/4390902-illegal-monkey-bikes-on-your-property/#post-4574636 Mon, 24 Sep 2007 01:38:09 +0000 You should be able to go to the local council and fill out a quick form and straight away they should be able to give you the name and address of the owners (as long as you are the person listed on the rates).  or ring a few real estate agents and ask if they ever managed that property in the past they may have some details.  I would think it is…[Read more]

]]> 8dd58b35b6fbb0c9ba33ad681daa4ace https://www.propertyinvesting.com/topic/4390834-regional-victoria-whos-making-money/#post-4574308 Tue, 18 Sep 2007 03:55:11 +0000 Okay I'll tell you…. lol, Maryborough!!!!! Yep, most people will be thinking WHERE?  It's 45mins to Bendigo and 45 Mins to Ballarat.  It's right in the heart of the Goldfields and i didn't primarily invest there because i knew the area.. but it helped a lot.  I missed the boom in 2003, but since then a new 20mill dollar Prep-Y12 school has op…[Read more]

]]> ae6c79841db418b7434bab20c96fdf72 https://www.propertyinvesting.com/topic/4390834-regional-victoria-whos-making-money/#post-4574305 Mon, 17 Sep 2007 23:53:46 +0000 Hi Andy,I have several investments in Regional Victoria.  It depends what YOU mean by "Regional",  Some people would consider only regional cities of 40,000 or more people, some consider regional 10,000.  I grew up in a town of about 14,000 people and for 13yrs i have lived in Melbourne.  All of my friends in Melbourne would never invest in reg…[Read more]

]]> ad754daad27bf29da36c67046989394a https://www.propertyinvesting.com/topic/4390704-sick-of-greedy-plumbers-electricians/page/5/#post-4573573 Mon, 17 Sep 2007 08:51:50 +0000 My 2 cents worth… I am currently extending my home.  It's been 13wks and we get several quotes for all work thats needs doing.  My stress isn't about being ripped off but about not telling the truth and not turning up.  My carpenter is great, found him in the local paper (not the cheapest but i liked him and he had 20yrs experience) – he has wo…[Read more]

]]> 2cbc319e2ba0b99d93e3b055f81b9cce https://www.propertyinvesting.com/topic/4390550-best-profit-ever-made/#post-4572668 Fri, 24 Aug 2007 00:20:48 +0000 Have a deal for $175k (25k below asking price & 80k under council valuation).  Offered before xmas on a 30day sale, it still hasn't settled and we added one clause that if after 30 days the titles (as it was a subdivision) have not gone through, we could put a tenant in and pay all rates etc…  It's been 8mths and we are still collecting $17…[Read more]

]]> 055500758369fc11d9cb354cb2604e49 https://www.propertyinvesting.com/topic/4390525-subdividing-sell-of-the-back/#post-4572548 Mon, 20 Aug 2007 23:03:22 +0000 Hi Sonny, i'll start with what basics i know.  You will need to speak with the planning department at the local council and if you tell them the address they may be able to tell you straight away if you can do it firstly.  Maybe they will not allow a subdivision on a 600sqm block (maybe only single storey) depending on where it is located. (…[Read more]

]]> 567b48e5f8888ba099e20e92d7e33704 https://www.propertyinvesting.com/topic/4390527-project-manager-costs/#post-4572554 Mon, 20 Aug 2007 08:13:38 +0000 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]

]]> cb534b962c40fd0a80dc53f65de38cd9 https://www.propertyinvesting.com/topic/4390515-what-makes-you-happy-where-you-live/#post-4572475 Sat, 18 Aug 2007 22:48:48 +0000 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]

]]> 39e739fea79264938ce0e05d5c0b501a https://www.propertyinvesting.com/topic/4390515-what-makes-you-happy-where-you-live/#post-4572473 Sat, 18 Aug 2007 07:10:59 +0000 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.

]]> 4e067014e8ab0ddf12b1fa11c02deadb https://www.propertyinvesting.com/topic/4390488-opinion-on-tenant-renewal/#post-4572296 Wed, 15 Aug 2007 06:04:18 +0000 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]

]]> 8f8896c7cf29e2bd65a98f66091c6eef https://www.propertyinvesting.com/topic/4390468-property-investing-just-as-risky-as-stock-market/#post-4572183 Mon, 13 Aug 2007 11:03:21 +0000 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]

]]> 37fd2a6733491d779bba36341ce72dd7 https://www.propertyinvesting.com/topic/4390401-altona-altona-north-altona-meadows/#post-4571781 Tue, 07 Aug 2007 10:31:38 +0000 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]

]]> cf13ef38494fa2a0903049874df69b9f https://www.propertyinvesting.com/topic/4390401-altona-altona-north-altona-meadows/#post-4571779 Tue, 07 Aug 2007 08:13:12 +0000 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]

]]> 5a3800ecb414c3163846a345171080d4 https://www.propertyinvesting.com/topic/4390371-how-would-i-finance-ip-after-just-buying-ppor-on-100/#post-4571616 Sat, 04 Aug 2007 02:56:00 +0000 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]

]]> 7c9136ebdd950a667c4b890bfd9491af https://www.propertyinvesting.com/topic/4390372-ip-without-loosing-fohg-invictoria/#post-4571621 Sat, 04 Aug 2007 02:38:54 +0000 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,

]]> e733ce8b302dcc13164a29277c7c59c1 https://www.propertyinvesting.com/topic/4390316-help-with-creating-investment-structure/#post-4571249 Mon, 30 Jul 2007 06:50:01 +0000 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]

]]> 52818e420bdb0d0f4297284c33096de5 https://www.propertyinvesting.com/topic/4390316-help-with-creating-investment-structure/#post-4571248 Mon, 30 Jul 2007 06:33:04 +0000 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]

]]> 062bbf5fb5aaf74eadf40d3050462777 https://www.propertyinvesting.com/topic/4390324-it-can-only-get-better-right/#post-4571285 Sun, 29 Jul 2007 23:29:25 +0000 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]

]]> 8c9a85a7194df538ffba47a9bd751a20 https://www.propertyinvesting.com/topic/4390200-a-word-to-everyone/#post-4570685 Tue, 17 Jul 2007 02:48:54 +0000 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]

]]> f9f76b21c02becc41930bf20786ce8ca https://www.propertyinvesting.com/topic/4390200-a-word-to-everyone/#post-4570683 Tue, 17 Jul 2007 02:23:59 +0000 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! 

]]> cec8165350bee612e76ed250cb4ca636 https://www.propertyinvesting.com/topic/4390200-a-word-to-everyone/#post-4570682 Tue, 17 Jul 2007 02:16:02 +0000 Gee Gloria!!! for someone who had a stroke your typing is marvellous. LOL

]]> a3d548dd3935321941f9e80e792af62a https://www.propertyinvesting.com/topic/4387716-online-homeloans/#post-4558867 Thu, 12 Jul 2007 06:26:19 +0000 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]

]]> 77e5c3fabed8f6678de0a03b59a1f984 https://www.propertyinvesting.com/topic/4390116-why-is-western-melbourne-so-bad/#post-4570231 Sat, 07 Jul 2007 07:02:49 +0000 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]

]]> 30d338729e2fbfd7fcdfb84158252c39 https://www.propertyinvesting.com/topic/4390116-why-is-western-melbourne-so-bad/#post-4570229 Fri, 06 Jul 2007 03:49:36 +0000 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]

]]> 248831408ad3d156fe97645a2e1ef3fd https://www.propertyinvesting.com/topic/4390116-why-is-western-melbourne-so-bad/#post-4570228 Fri, 06 Jul 2007 03:27:49 +0000 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]

]]> 214a253f99acde2d056e0a5c7fc9c6f5 https://www.propertyinvesting.com/topic/4390021-property-market-hotting-up/page/2/#post-4569719 Wed, 27 Jun 2007 00:10:59 +0000 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]

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