Benny replied to the topic Property Investor Events in the forum General Property 2 weeks, 5 days ago
Hi PropDir,
The forum in which meetings are aired is the “Heads Up” forum. SEQ is well served by one Matt Jones who runs such meetings usually monthly in Brisbane, with other (less often) meetings for the Gold Coast and Sunshine Coast.
Over time, I have seen occasional meetings held in Sydney and Melbourne too, though nowhere near as regular…[Read more]
Benny started the topic Beware the experts….. in the forum Opinionated! 1 month, 1 week ago
A week or so ago my TV signal went away. NBN appeared to be working and when I phoned Optus, they knew of nothing in my area to cause this, so I went online. Computer still worked (hooray) so off I went with Mr Google (startpage actually).
But here is where things went downhill……. I clicked on something that seemed genuine – and up pop…[Read more]
Benny replied to the topic The climate is changing – but is what we are doing achieving anything?? in the forum Opinionated! 2 months ago
Wow – it’s been a whole year !! One major sticking point that has shown up over the last 12 months is the subject of transmission lines. Think this through now:-
For a grid to work, it must be interconnected. To interconnect a plethora of independent inputs requires a spiders web of interconnections. And copper wire is not cheap. Neith…[Read more]
Benny replied to the topic The climate is changing – but is what we are doing achieving anything?? in the forum Opinionated! 2 months ago
Wow – it’s been a whole year !! One major sticking point has shown up over the last 12 months is the subject of transmission lines. Think this through now:-
For a grid to work, it must be interconnected. To interconnect a plethora of independent inputs requires a spiders web of interconnections. And copper wire is not cheap. Neither are t…[Read more]
Benny replied to the topic Is it still possible to find positive cash flow properties in Australia today? in the forum Help Needed! 2 months, 3 weeks ago
Hi David,
Thanks for such an insightful yet succinct post. I have just the place for such good comment, and have added a link to here in the “Big Picture” topic for those who follow. Well done, and I like your style.
Benny
Benny replied to the topic "The big picture" – for new readers especially… in the forum General Property 2 months, 3 weeks ago
Does positive cashflow investing work today, in these times of high prices and interest rates?
Someone recently asked the question “Can positive cashflow investing like Steve did in Ballarat work today?” (from the book “0 – 130 properties in 3.5 years”).
In reply, one of our experienced members provided the poster with a brilliant breakdown of…[Read more]
Benny replied to the topic Is it still possible to find positive cash flow properties in Australia today? in the forum Help Needed! 2 months, 3 weeks ago
Hi Lin,
That’s a good question. I lived through those years, and have seen a few booms in my time. I recall Steve saying that his “way” was what worked at that time, in that market. Markets change, and Steve changed with them. After Ballarat, Steve moved to another area (was it Latrobe Valley?) then on to New Zealand, then USA, and later on…[Read more]
Benny replied to the topic New to Property Investing – Looking for Guidance and Tips in the forum Help Needed! 3 months, 1 week ago
Hi John,
You might’ve seen the PM from me, wherein I point you to two places. I am adding it here in case others could do with finding the same info. First place to look (for general info re investing in property) is the Articles in the Training Centre. You’ll find it on the Home page. The articles are broken down into subjects like “Bu…[Read more]
Benny replied to the topic Can I re-zone a Rural composite property to R20 or so? in the forum General Property 3 months, 3 weeks ago
Hi Tazzzman,
I’m not sure if you stumbled over an article written by one of Steve’s former right-hand men (Jason Staggers), but it appears to be a useful guide to WA zoning, including a link to the Govt website where you can read more. Here’s the article by Jason – hope it…[Read more]
Benny replied to the topic questions about council's investigation of downstair rumpus room, shed, carport in the forum Help Needed! 3 months, 4 weeks ago
Hi ILF,
I must say I can only agree with the thought expressed here:-
Considering housing crisis, government can NOT provide more house, Aussies have to live in cars and tents, but council still says people can NOT live in rumpus room…
I guess “back in the day” there may be really good reasons for making 8foot (or 2.4metres) the minimum height…[Read more]
Benny started the topic Pedestrian crossings…. in the forum Opinionated! 4 months, 1 week ago
The almost constant occurrence of people stepping out onto a pedestrian crossing without checking for oncoming vehicles is concerning me and my wife significantly. As she wisely mentioned today, “They don’t stop to think that drivers can be distracted (texting or talking) or having a medical episode, or even may have stolen a vehicle (foot hard…[Read more]
Benny started the topic Pedestrian crossings…. in the forum Opinionated! 4 months, 1 week ago
The almost constant occurrence of people stepping out onto a pedestrian crossing without checking for oncoming vehicles is concerning me and my wife significantly. As she wisely mentioned today, “They don’t stop to think that drivers can be distracted (texting or talking) or having a medical episode, or even stealing a vehicle (foot hard down on…[Read more]
Benny replied to the topic Bye bye cash !! I hope not…. in the forum Opinionated! 6 months ago
Well, THIS email I received struck a chord with me. It’s title read thus:-
Save money and get healthy by avoiding the cashless effect
The email referenced a petition to the Govt that attempts to prevent the abolition of cash in our society, and it makes comments that ring true to me. It was all about “the pain of parting with cash keeps you s…[Read more]
Benny replied to the topic Bye bye cash !! I hope not…. in the forum Opinionated! 6 months ago
Well, THIS email I received struck a chord with me. It’s title read thus:-
Save money and get healthy by avoiding the cashless effect
The email came in the form of a petition to the Govt in an attempt to prevent the abolition of cash in our society, and this petition makes comments that ring true to me. It was all about “the pain of parting w…[Read more]
Benny replied to the topic Insurance for Specialist Disability Accommodation in the forum General Property 7 months, 2 weeks ago
Hi Tempo,
I have no direct answer for you, except to say, try an Insurance Broker in your area. It is their job to know all the “ins and outs” of Insurance, so they should be able to guide your steps in this unfamiliar area.
Benny
Benny replied to the topic Investment properties just went negative cash flow, weather the storm or sell? in the forum Help Needed! 8 months ago
Hi BB,
The “numbers” will likely confirm the way to go. Without knowing what you bought these for, my example below may be inaccurate, but use it to add YOUR numbers to see what works best.
Assuming your mortgages are IO, it sounds like a 3.35% increase, but the Interest paid would’ve DOUBLED, so a 100% cost increase. If P&I, it is the I…[Read more]
Benny replied to the topic Investment properties just went negative cash flow, weather the storm or sell? in the forum Help Needed! 8 months ago
Hi BB,
The “numbers” will likely confirm the way to go. Without knowing what you bought these for, my example below may be inaccurate, but use it to add YOUR numbers to see what works best.
Assuming your mortgages are IO, it sounds like a 3.35% increase, but the Interest paid would’ve DOUBLED, so a 100% cost increase. If P&I, it is the I…[Read more]
Benny replied to the topic Question to Hebel Home Owners in the forum General Property 9 months ago
Hi Highview,
I had a chat with Steve this morning – he came up with this link that may be of some use to you re Hebel problems:-
Benny
Benny replied to the topic Buying a house for cosmetic renovation in the forum Value Adding 10 months ago
Hi John,
Train lines can be a drawback for some, but there are ways to ameliorate that issue. e.g. double glazing of windows facing the train line can help – a bit more expense of course. Also, high fences can help to deaden the noise. If these exist (and are wooden, concrete, or composite – not metal) then that could reduce the decibels an…[Read more]
Benny replied to the topic Buying a house for cosmetic renovation in the forum Value Adding 10 months ago
Hi John, and/or Mongkoll,
Train lines can be a drawback for some, but there are ways to ameliorate that issue. e.g. double glazing of windows facing the train line can help – a bit more expense of course. Also, high fences can help to deaden the noise. If these exist (and are wooden, concrete, or composite – not metal) then that could re…[Read more]
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