PropertyInvesting.com | bennido | Activity https://www.propertyinvesting.com/members/bennido/activity/ Activity feed for bennido. Thu, 09 Apr 2026 22:15:52 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 ef948a55c3a3732d7e9ead295287af9d bennido replied to the topic Melbourne - Need Good Property Accountant in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4390601-melbourne-need-good-property-accountant/#post-4572914 Mon, 28 Jul 2008 13:43:51 +0000 No good accountants out west ?? lol … :)

]]> 1636a8b517014b722c9ee5a8a74d255a bennido replied to the topic Melbourne - Need Good Property Accountant in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4390601-melbourne-need-good-property-accountant/#post-4572911 Mon, 23 Jun 2008 14:29:00 +0000 Anyone know of a good accountant on the west side of Melbourne ? Even somewhere around the city is good too.Kew, Mt Waverley, etc is kind of far. Thanks !

]]> 89e87beaf9c4748e3c2e59d3899cb165 bennido replied to the topic Adelaide Bank 8.44% interest rate in the forum General Property https://www.propertyinvesting.com/topic/4390788-adelaide-bank-8-44-interest-rate/#post-4574131 Wed, 19 Sep 2007 12:20:43 +0000 Qlds007 wrote:
The other product which will be withdrawn or amended is the Pro packages as at 0.7- 0.9% below SVR there is no money to be made.

Crap ! I hope you're wrong ! The pro packs have been great for me ! .. :(

]]> 7e76644b6f199eb71e68ae610117191a bennido replied to the topic Will property crash by 30/40% and will you be effected in the forum General Property https://www.propertyinvesting.com/topic/4390838-will-property-crash-by-3040-and-will-you-be-effected/#post-4574328 Tue, 18 Sep 2007 15:58:13 +0000 To allow me to sleep at night, I try to stay around 80% LVR for my entire ppty portfolio.It's sometimes lower, sometimes higher but 80% is the compromise I feel comfortable with. It allows for significant growth w/o overextending myself.

]]> ae844db1a70fe91354c49d630b190c00 bennido replied to the topic How much to build a townhouse? in the forum General Property https://www.propertyinvesting.com/topic/4390847-how-much-to-build-a-townhouse/#post-4574363 Tue, 18 Sep 2007 15:55:42 +0000 I would like to add a possibly related question … how much does it cost to knock down a really old house and prepare the land ready for construction ?

]]> daa49ac3c074c785bf35a4699906f066 bennido replied to the topic Will a housing slump see a return of positive cashflow properties ? in the forum General Property https://www.propertyinvesting.com/topic/4390841-will-a-housing-slump-see-a-return-of-positive-cashflow-properties/#post-4574341 Tue, 18 Sep 2007 15:54:25 +0000 devo76 wrote:
As all would agree. Positive cashflow cannot be found easily today with most properties needing renos to achieve anything close to positive cashflow.Or you have to look in remote areas.Now if we see a housing slump like the US with possible 30% to 40% drop in house prices(god i hope not).Does this mean coupled with rent increases…[Read more]

]]> 1795295e3c0619e806c38d09b2e34b6a bennido replied to the topic Property Market Hotting Up in the forum General Property https://www.propertyinvesting.com/topic/4390021-property-market-hotting-up/page/4/#post-4569766 Tue, 18 Sep 2007 15:50:57 +0000 Caroll wrote:
Hi I'm just beginning – Can someone tell me where to look for the auctions passed in? Thanks

In Melbourne, they publish the auction results in the papers including those passed in.

]]> 6c8e4b62311e5027b6bcfee03739e075 bennido replied to the topic Regional Victoria, Who's making money? in the forum General Property https://www.propertyinvesting.com/topic/4390834-regional-victoria-whos-making-money/#post-4574312 Tue, 18 Sep 2007 15:49:26 +0000 v8ghia wrote:
Hi Beaniemonster. Along those lines, any thoughts on the following as far as the actual areas and from a property investing view? COLACSTAWELLARARATHAMILTONMARYBOROUGHCheers.PS Won't tell you what best forgotton part of rural Vic I spent most of my childhood in – scarred me for life..

I have a few IPs in the Horsham / Ararat area…[Read more]

]]> c051e98fc4e67425a7c4d7811794fdd4 bennido replied to the topic Corner blocks - new estate in the forum Help Needed! https://www.propertyinvesting.com/topic/4390818-corner-blocks-new-estate/#post-4574258 Tue, 18 Sep 2007 15:40:05 +0000 CN wrote:
Why are the corner blocks cheaper? Seems like noone really likes the corner blocks, i guess when resell later on there wont be much capital growth?

Yes, they are generally less popular especially in newer estates. Some of the negatives are …- Feeling of less privacy / security (i.e. "exposed")- Generally along a road- Much more…[Read more]

]]> 2a7ef49f5d75969146e743fd49a1b6f1 bennido replied to the topic Buying a brand new house ... in the forum Thanks Rudolph .. I think https://www.propertyinvesting.com/topic/4390803-buying-a-brand-new-house/#post-4574199 Sat, 15 Sep 2007 08:43:26 +0000 Thanks Rudolph .. I think I'll get an inspection as recommended just for the peace of mind.Can anyone recommend a good building inspector that can service the Williamstown area ?Thanks !

]]> 4148c098575a7814e2684e6286c0ae42 bennido replied to the topic Mortgage Insurer's getting tougher in the forum Finance https://www.propertyinvesting.com/topic/4390539-mortgage-insurers-getting-tougher/#post-4572622 Fri, 07 Sep 2007 12:52:53 +0000 Richard,Yeah, I just got the bad news a couple of days ago so I am planning my next steps. I've always dealt with Westpac (contrary to popular advice) so all my loans are with them. Call me lazy but its just convenient. :)I guess this is as good a time to start looking at another vendor. Can you recommend a good mortgage broker in Melbourme ? I was…[Read more]

]]> e3794041dd85f5860c22f16b99f14ff8 bennido replied to the topic Mortgage Insurer's getting tougher in the forum Yes, I have a first hand https://www.propertyinvesting.com/topic/4390539-mortgage-insurers-getting-tougher/#post-4572620 Fri, 07 Sep 2007 06:33:53 +0000 Yes, I have a first hand recent experience with this. Having made 3 IP purchases in the past 3.5 years, I am a bit low in cash / equity savings. However, I came across another property that I wanted to buy. Struggling to muster up about 5% deposit, I need to have mortgage insurance. I have relative good income and quite comfortable with the loan…[Read more]

]]> d1ccdff7ac7aecdb2ed38cd85b68ae22 bennido replied to the topic Cash Flow + in the forum General Property https://www.propertyinvesting.com/topic/4390147-cash-flow/page/2/#post-4570431 Thu, 19 Jul 2007 13:49:50 +0000 oneiricer wrote:
I was trying to imply that it is not 'sustainable' which is to say, there is an extent to which you can depreciate properties, correct?

the idea is by the time you reach that "extent", you would have paid down enough of the mortgage or rents would have gone up by then resulting in the property being CF+ all on its own w/o…[Read more]

]]> b6bf533cec573ac4a9b38206c5391407 bennido replied to the topic Cash Flow + in the forum General Property https://www.propertyinvesting.com/topic/4390147-cash-flow/#post-4570427 Wed, 18 Jul 2007 13:09:14 +0000 DraconisV wrote:
I wish I bought one of them, then I would be officially a property investor.Give me 2 and a half years and I will be jumping in and soaring higher and higher. I'm so excited about my future, I don't know how people can keep on living their day-to-day if they have no dreams or desires. You've got to dream a little, then wake up…[Read more]

]]> ef4c754ed67db7408a2dbaa91703bacb bennido replied to the topic Cash Flow + in the forum General Property https://www.propertyinvesting.com/topic/4390147-cash-flow/#post-4570425 Tue, 17 Jul 2007 13:22:43 +0000 bennido wrote:
There are CF+ places in regional areas that will be CF+ without doing anything. Just go to realestate.com.au and do some research.Here are some quick examples I found without much effort at all. If you can bargain down the purchase price they're even better…[Read more]

]]> 1d9ecdfac5d7514c3ce6f3f1032f239a bennido replied to the topic Cash Flow + in the forum General Property https://www.propertyinvesting.com/topic/4390147-cash-flow/#post-4570424 Tue, 17 Jul 2007 13:17:33 +0000 Shane Law wrote:
Thank you Bennido for providing examples for us new to this investing!!However when I look at the first property and apply the "11 second solution" that Steve McNight advocates it does not fit into this category. Am I missing something?

No prob mate. And those were only some examples that I got off the net after doing 10…[Read more]

]]> 43477929ba08fcd0178105b60b06eb8b bennido replied to the topic X Collateralising in the forum Stuart Wemyss wrote:Can I https://www.propertyinvesting.com/topic/4388905-x-collateralising/page/2/#post-4564330 Fri, 13 Jul 2007 13:21:49 +0000 Stuart Wemyss wrote:
Can I shamelessly plug one of my articles in API on this very topic???See http://www.prosolution.com.au/articles/x-sec.pdf 

Good article, but your point about valuation costs is not really accurate … the sector is so competitive now and banks (at least the major ones) will pay for the valuations .. :)

]]> 270a0bba8c1cde0c5ee5087675c4265f bennido replied to the topic Capitilising IP interest???? in the forum Help Needed! https://www.propertyinvesting.com/topic/4390178-capitilising-ip-interest/#post-4570559 Fri, 13 Jul 2007 13:15:08 +0000 L.A Aussie wrote:
There was a case in the courts a couple of years ago between the ATO and a guy who capitalised the interest on his investment loan while paying down the PPoR loan. I think the ATO denied his tax claim, he sued the ATO and it went to court. Correct me if I'm wrong if someone can remember this case.The ATO lost the case for the…[Read more]

]]> 216813e9508ebccd12d53f199df75e94 bennido replied to the topic Cash Flow + in the forum General Property https://www.propertyinvesting.com/topic/4390147-cash-flow/#post-4570415 Thu, 12 Jul 2007 13:58:56 +0000 There are CF+ places in regional areas that will be CF+ without doing anything. Just go to realestate.com.au and do some research.Here are some quick examples I found without much effort at all. If you can bargain down the purchase price they're even better…[Read more]

]]> db13a6e6e540971ba531ae4a13a8a884 bennido replied to the topic Why did we have to pay the vendor's solicitor?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4390061-why-did-we-have-to-pay-the-vendors-solicitor/#post-4569900 Fri, 29 Jun 2007 14:06:21 +0000 No, its not a normal thing. Could it be a pro-rated amount for council rates, water service, etc already paid up by the seller ?

]]> 8a7a3c9ce5fea8092fe66eac032f56b0 bennido replied to the topic Investing in regional Victoria in the forum Creative Investing https://www.propertyinvesting.com/topic/investing-in-regional-victoria/#post-4568891 Wed, 27 Jun 2007 15:13:05 +0000 I have a number of +ve cashflow properties in regional areas and since I live in Melbourne, all of them are in Victoria. They've all done very well and look after themselves (actually by ppty mgrs) with little or no effort from me. There's even been a little capital growth but not as much as in the cities. But I don't mind as income is what I am…[Read more]

]]> ae03a5ae2a34e3df7ffd6388970d2ff0 bennido replied to the topic Positive Cash Flow Properties in the forum Creative Investing https://www.propertyinvesting.com/topic/4389815-positive-cash-flow-properties-4/#post-4568854 Wed, 27 Jun 2007 15:07:37 +0000 Though $45K +ve cashflow properties have all but disappeared, there are tons of choices if you are willing to spend $100 – $150K. And you don't even need to be creative about it .. :)

]]> 69f543b253bbb6ce72dd8a3ac63a592c bennido replied to the topic Recording expenses in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4390008-recording-expenses/#post-4569633 Wed, 27 Jun 2007 15:04:39 +0000 The ATO actually has a very good template that comes with the Tax Pack.

]]> e584f813e9ac04748b94d4319800d79b bennido replied to the topic Are Trust Necessary? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4389998-are-trust-necessary/#post-4569583 Wed, 27 Jun 2007 15:03:52 +0000 I have read a lot of property books and you will find the experts can't even agree among themselves if a trust is worthwhile or not ! For example, Margaret Lomas finds it unnecessary while Steve McKnight encourages it.So do your own research and make up your own mind as everyone's situation is different. You may very well find a trust a luxury you…[Read more]

]]> 45643bf557ebb03307e69f739d61d6f0 bennido replied to the topic queries about deer park in melbourne in the forum Yes, Deer Park is https://www.propertyinvesting.com/topic/4390035-queries-about-deer-park-in-melbourne/#post-4569816 Wed, 27 Jun 2007 14:52:32 +0000 Yes, Deer Park is historically "lower class". But being sandwiched in between the new "upper class" suburbs like Caroline Springs and Cairnlea, there has been significant improvement in the area – e.g. new buildings and new shops popping in the Deer Park shopping area, redevelopment of parks, etc. So don't write off Deer Park too soon.…[Read more]

]]> fef22b0bab06037b4796fd03a04fc8d2 bennido replied to the topic X Collateralising in the forum Finance https://www.propertyinvesting.com/topic/4388905-x-collateralising/#post-4564322 Tue, 26 Jun 2007 15:22:40 +0000 When I started out investing, my 1st 2 IP loans was CC'd with my PPOR. Thankfully, it hasn't caused me any problems and they are still CC'd. But as I haven't needed to sell any of them and they all now have a decent amount of equity, I haven't bothered to refinance them and split them up.Now all my new loans are created as standalone loans, with…[Read more]

]]> f4dd04abc7b009c3b9513be19e9201b1 bennido replied to the topic LVR on a strata-titled unit in a block of 8 units in the forum Finance https://www.propertyinvesting.com/topic/4390001-lvr-on-a-strata-titled-unit-in-a-block-of-8-units/#post-4569601 Tue, 26 Jun 2007 15:12:53 +0000 Good to know Qld. I once went to Westpac to query on their loan to purchase a block of 4 units for me to subdivide and sell individually. However, they said because it was 4 (i.e. more than 3 units), I needed to come up with 30% deposit. Guess from your post, it indicates there are alternatives available.

]]> a1b69a6760cc5279530232977797f61d bennido replied to the topic Retirement homes in the forum Help Needed! https://www.propertyinvesting.com/topic/4390036-retirement-homes/#post-4569822 Tue, 26 Jun 2007 15:08:44 +0000 They're generally not very popular because of limited capital growth potential. However, like Tyson said, they can be very good earners and will provide a good income base for you to expand your portfolio. Its a similar case with service apartments and the like.

]]> 744c991c5201a2e2aea32972d7720b46 bennido replied to the topic Should I sell or hang in there ??? in the forum Help Needed! https://www.propertyinvesting.com/topic/4390020-should-i-sell-or-hang-in-there/#post-4569686 Mon, 25 Jun 2007 15:03:53 +0000 Well, firstly, I would never buy a property unless I am earning income from it from day 1 (i.e. positive gearing strategy). That's the key principle that I strictly adhere to and its worked well for me.However, it looks like you are following a negative gearing strategy with the hope of making money through capital gains. If that is indeed your…[Read more]

]]> 380d1bbea9a233fa7c398f2e3975f6df bennido replied to the topic Bricks & mortar vs Timber Weatherboard in the forum Help Needed! https://www.propertyinvesting.com/topic/4390018-bricks-mortar-vs-timber-weatherboard/#post-4569683 Mon, 25 Jun 2007 14:56:19 +0000 As an investment, I prefer brick homes. But as a home, I prefer the look and feel of timber homes.

]]> fce083fe75c10f2228c725a6c8086c20 bennido replied to the topic Cashflow+ property for sale!! in the forum The problem with these sort https://www.propertyinvesting.com/topic/4390006-cashflow-property-for-sale/#post-4569629 Sun, 24 Jun 2007 11:26:36 +0000 The problem with these sort of deals is that after the lease back period, the actual market rent is way lower than $535 pw. I have a number of friends who love display home deals, but its pretty much betting that they can sell it after the leaseback is up and make some capital gains. Or at least not to lose any money. This way, the rental income…[Read more]

]]> 1410015b6fff83f7c50eb1a621138f85 bennido replied to the topic Sharing Tips- in the forum General Property https://www.propertyinvesting.com/topic/4374439-sharing-tips/page/4/#post-4479113 Sun, 24 Jun 2007 11:22:36 +0000 Not all countries have the same interest rates. There are many countries with much lower interest rates than Australia.If you can get access to funds from outside Australia at a lower interest rate, it can make a significant impact on your returns.

]]> 61e3736753e106ecc1a0485616e38414 bennido replied to the topic Answers to "Where to Find CF+ Deals" in the forum mathew aiken wrote:hi adam i https://www.propertyinvesting.com/topic/4384472-answers-to-where-to-find-cf-deals/page/9/#post-4542032 Sun, 24 Jun 2007 11:19:04 +0000 mathew aiken wrote:
hi adam i was wondering if the 11 second solution can still work in this day and age? i have been looking for properties and have found a few that i liked but when i did the 11 second solution it seems that it doesnt work out to be positively geared. for example a house selling for 169000 making a potential 260 dollars a week…[Read more]

]]> dad4dae604e698a00697b1541b45ffc9 bennido replied to the topic Answers to "Where to Find CF+ Deals" in the forum I noticed in the past year https://www.propertyinvesting.com/topic/4384472-answers-to-where-to-find-cf-deals/page/9/#post-4542028 Tue, 19 Jun 2007 12:29:38 +0000 I noticed in the past year or two, it has been getting easier to find +ve geared properties with little or no work needed to make them so. This is especially true in the regional areas.Most probably because of the drought people are panicking and selling their properties. So the prices has levelled off or even dropped, while rent has remained…[Read more]

]]> 81da991231cd98a37af0b6377ab17629 bennido replied to the topic underground level? in the forum General Property https://www.propertyinvesting.com/topic/4389849-underground-level/#post-4569007 Tue, 19 Jun 2007 12:17:16 +0000 I see many houses like that in the new estates .. but whatever you do don't build an underground garage .. VERY BAD feng shui .. :D

]]> 60164f4ae80f6f96890f85b838396881 bennido replied to the topic Henley Properties and Hotondo Homes in the forum General Property https://www.propertyinvesting.com/topic/4389920-henley-properties-and-hotondo-homes/#post-4569319 Tue, 19 Jun 2007 12:15:41 +0000 I have a PPOR in VIC built by Henly about 4-5 yrs ago .. never had a problem and everything is still fine … but here's some advice though, it is the foreman that Henly assigns to your project which is the key .. he's the guy who manages all the subcontractors and the person who you talk to about anything to do with construction … the 1st…[Read more]

]]> 64de3493438061a27fc069dd5ff1060a bennido replied to the topic Bought a dud in the forum Help Needed! https://www.propertyinvesting.com/topic/4389954-bought-a-dud/#post-4569434 Tue, 19 Jun 2007 12:10:19 +0000 All good suggestions above but if all else fails, don't be afraid to SELL … Part of good investing is to know when to let go, as well as when to buy … Tough luck mate !

]]> 1ab769f1ba635846e41a2b9997f453be bennido replied to the topic Under what circumstances would you want to make your property negative gearing??? in the forum Help Needed! https://www.propertyinvesting.com/topic/4389878-under-what-circumstances-would-you-want-to-make-your-property-negative-gearing/#post-4569160 Tue, 19 Jun 2007 12:07:43 +0000 NEVER !!!! … but that's just my opinion .. :D

]]> 75897f8cb34dc784fe32b111284b25dc bennido replied to the topic Average property management percentage in the forum Help Needed! https://www.propertyinvesting.com/topic/4389956-average-property-management-percentage/#post-4569446 Tue, 19 Jun 2007 12:05:41 +0000 I get about 6% – 7% (in VIC).I would shop around if you get quoted more than that though.

]]> e185945a334a4c55d6d130740c14a45c bennido replied to the topic Finding Postively Geared Properties..... in the forum Help Needed! https://www.propertyinvesting.com/topic/4389951-finding-postively-geared-properties/#post-4569428 Tue, 19 Jun 2007 12:04:08 +0000 Hi Tim,Congrats on your first post. If you read Steve's follow up books, you'll see that even Steve admits finding +ve geared solutions are harder and harder. That is, without doing some sort of "creating".But if you look hard enough, you will find many +ve geared properties right from purchase. Admittedly, most of these are in rural areas (like w…[Read more]

]]> 25c13afd59985104db346006bcec2f3f bennido replied to the topic Books for beginners in the forum Help Needed! https://www.propertyinvesting.com/topic/4389897-books-for-beginners/#post-4569195 Wed, 13 Jun 2007 12:39:20 +0000 Well, have you read the latest book "Secret" then ??!!!It says, if you visualise your development HARD enough, it will magically appear !!! .. :D

]]> ea868c168f2c16cd424acd22bae4dff9 bennido replied to the topic BLOCKS OF LAND IN TAYLORS HILL OR NEARBY AREAS NEED HELP in the forum Help Needed! https://www.propertyinvesting.com/topic/4389885-blocks-of-land-in-taylors-hill-or-nearby-areas-need-help/#post-4569174 Wed, 13 Jun 2007 12:33:53 +0000 johann22 wrote:
Hi Bennido,Thanks for your input. The only issue i have in mind is that most houses look a like which makes it even more competitive to sell in a later stage. Areas like caroline springs atm have alot of supply in terms of houses and the demand for these areas have been a bit quiet.  What area are you leaving in atm if you dont…[Read more]

]]> 2a5ce15b952f8b4b0333b2583fc1e6ab bennido replied to the topic BLOCKS OF LAND IN TAYLORS HILL OR NEARBY AREAS NEED HELP in the forum Help Needed! https://www.propertyinvesting.com/topic/4389885-blocks-of-land-in-taylors-hill-or-nearby-areas-need-help/#post-4569171 Mon, 11 Jun 2007 13:13:44 +0000 Hi Johann,Firstly, congrats on your purchase. I live in the area so I know the market quite well.While the outer suburbs don't appear much in the news when it comes to property hype (most prob becoz most writers live in inner melbourne!), there is much growth in the outer burbs as well. Especially when people get priced out of the inner melbourne…[Read more]

]]> bd61a4b41bb1c6ee850a847d0f39116f bennido replied to the topic VIC COUNTRY IP in the forum Help Needed! https://www.propertyinvesting.com/topic/4388489-vic-country-ip/#post-4562508 Fri, 13 Apr 2007 15:26:17 +0000 Yes I agree you can find some great deals in Victoria. Some investors have panicked (due to the drought crisis) and I have seen some properties go for way below their true value. So have a look around and you'll amazed at what you can find.I recently bought a cashflow positive property in the Winmera region without really "solving any problem"…[Read more]

]]> 699fc446ea0ebef0eeea9314a158240f bennido replied to the topic Commercial investment property guide ... in the forum Help Needed! https://www.propertyinvesting.com/topic/4387121-commercial-investment-property-guide/#post-4556166 Tue, 31 Oct 2006 14:33:52 +0000 Originally posted by ogilvy:
No. I dont want you to steal all the commerical properties before I get to buy them all. [strum]

LOL ! .. Don’t worry, I seriously doubt if I’ll come close to stealing any from you .. :D

]]> d7becd947fb2e7741e9eca688d250a9d bennido replied to the topic Commercial investment property guide ... in the forum Help Needed! https://www.propertyinvesting.com/topic/4387121-commercial-investment-property-guide/#post-4556163 Wed, 25 Oct 2006 11:23:38 +0000 Originally posted by ogilvy:
Resi sucks…….commercial all the way.

hi ogilvy .. do you want to share what are the main points that cause you to favour commercial so strongly over residential ? .. thanks ! [blink]

]]> bbf6a3a45d08f9917a0b0641be7367d4 bennido replied to the topic Commercial investment property guide ... in the forum Help Needed! https://www.propertyinvesting.com/topic/4387121-commercial-investment-property-guide/#post-4556161 Tue, 24 Oct 2006 12:45:22 +0000 Originally posted by MichaelYardney:
The rules for commercial real estate investment are very diffeernt to those for residential investment.

Commercial properties are yield driven and yileds also drive their values.

This article may explain some of the…[Read more]

]]> d0d9be29e32c3f28a413b26ddc0c3675 bennido replied to the topic Advice Needed: Sell or Hold? in the forum Help Needed! https://www.propertyinvesting.com/topic/4387030-advice-needed-sell-or-hold/#post-4555717 Tue, 17 Oct 2006 12:25:17 +0000 Like Andrew said, a house wirth 400K renting out for 200 seems way below market rate without knowing too many details.

Is there any way to increase the rent ? In most cases, the rent should be much closer to 300-400 pw for a place of that value.

]]> 44892ce8b8503deee824d4c04d3cd823 bennido replied to the topic SOUTH YARRA in the forum Help Needed! https://www.propertyinvesting.com/topic/4387073-south-yarra/#post-4555936 Tue, 17 Oct 2006 12:20:10 +0000 Used to live in Avoca St so I know the area quite well.

Like the others said, its very blue chips. That means, lower risk but lower returns as well. Over the long term, you should experience stable but moderate capital growth.

And the properties there are definitely -ve geared so take that into account.

]]> 16b39e2898ed26b36751e49b9e6a23e0 bennido replied to the topic Neighbourhood cats invasion ! in the forum Forum Frolic https://www.propertyinvesting.com/topic/4386953-neighbourhood-cats-invasion/#post-4555407 Thu, 05 Oct 2006 02:17:57 +0000 Originally posted by freeman cooper:
Hey bennido

I had a similar problem with pigions, about 100 of them, they pooed everywhere and were didrty.
The answer is a can of whiskas and Fenitrothian.
That will stop them.
Or you might want to try chilli, that will burn their bum and give them a rash.

What is “Fenitrothian” and what does it do ? Does…[Read more]

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