https://www.propertyinvesting.com/members/brownwombat/activity/ Activity feed for brownwombat. Sun, 12 Apr 2026 03:09:42 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 5ce31b0f88e5cec6aed2094c17735980 https://www.propertyinvesting.com/topic/4376223-40k/#post-4491235 Thu, 30 Sep 2004 04:15:20 +0000 There are properties for aropund $40K. I saw one the other day – $45K – $85 pw rent. The area is screaming for rentals.

]]> c69b6ad98b171ba91b893bace7806fea https://www.propertyinvesting.com/topic/4372066-good-property-manager-in-upper-coomera/#post-4461050 Tue, 16 Mar 2004 07:54:51 +0000 Hi Chark
Not Upper Coomera but at Nthn end of Gold Coast. At Coombabah actually. I use Leta Clark Realty. Name of property manager is Julie – excellent service and really llok after your property – they even do inspections. They take 7.5%. 07 5577 1088. One word of advise – I never use the big ones.

]]> 658cc59c877fd66c889eaf6c0b7693eb https://www.propertyinvesting.com/topic/4369741-innisfail-2/#post-4442181 Tue, 02 Dec 2003 01:01:33 +0000 Hmmmm…..I considered Innisfail / Tully area. Main deterrent for me was its high risk, cyclone area and wettest place in Oz. As far as investment / insurances went – I bowed out because of too many “what ifs”. Although, not sure if that is what u r asking [?]

]]> 5789201f9bad7e4ed2fb4d2b46238d23 https://www.propertyinvesting.com/topic/4369602-qld-will-rocket-as-other-states-slow-your-opinion/#post-4441087 Wed, 26 Nov 2003 02:44:39 +0000 Hi s_i_s
Certainly have. Although they have been working on Queen St for ages – years. Instead of property sites, I enjoy finding sites realting to development companies and see what they are doing. It’s kinda like the pied piper effect []

]]> d5d96493746541d6be86befeddbf45e9 https://www.propertyinvesting.com/topic/4369589-all-over-red-rover/#post-4440996 Wed, 26 Nov 2003 02:33:08 +0000 Have a look at the http://www.news.com.au/common/story_page/0,4057,7982823%255E421,00.html. I can only hope that just desserts are forthcoming. Is this a similar scenario to Skase ? Taking bets now on – Which country will he end up in ?

]]> bc4a8558a5f95d2e67778e285dceec7b https://www.propertyinvesting.com/topic/4369602-qld-will-rocket-as-other-states-slow-your-opinion/#post-4441085 Wed, 26 Nov 2003 02:28:21 +0000 Hi All,
I have been watching the GC for the last couple of years now – fortunately bought 2 IPs there and am watching them go ahead in leaps and bounds. Also watching what is happening in Southport and will happen in the next 4 years re: construction and revamp of the area. The GC is the 6th largest area in Oz now and I can only forsee nothing but…[Read more]

]]> 659f01faedbff6ed3018b031460d33fb https://www.propertyinvesting.com/topic/4368457-how-much-should-managing-agents-charge/#post-4432060 Wed, 08 Oct 2003 08:28:06 +0000 Hi
We have 1 IP on the Gold Coast and 1 in the Hinterland of the Gold Coast – both aer 7.5% – one charges 0 for advertising, postage petties etc – a flat 7.5%. The other charges 7.5% + advertising,postage, GST etc. We believe that it seems to depend on your negotiation skills and of course the # of IPs u have. Guess we better learn better skills eh []

]]> abe5dfae585a2b1f592082bc82265c16 https://www.propertyinvesting.com/topic/4368101-se-qld/#post-4429601 Tue, 23 Sep 2003 04:22:57 +0000 Hi Frank,
I spent 3 weeks on the gold coast in July looking, walking, talking, reading etc – I reckon I know every re agent by their 1st name on the northern side of the coast. My advise – forget it. We bought there 15 months ago and that place has gone up 50% in that time. I agree with picja – don’t waste your time there – look for new ground.

]]> f80194157a366f64a1d0dcac2a6e16ef https://www.propertyinvesting.com/topic/4368008-just-curious/#post-4429137 Tue, 23 Sep 2003 04:14:44 +0000 Centennial Park in Sydney has barbies and the kids can usually run wild there. Sundays are usually very busy – Saturday would be better. There’s also the big park at Homebush – near the Olympic site – maybe more central for people ? Only suggestions……….

]]> e4d3e20a0d1c47b0bb5dbaac0ef99321 https://www.propertyinvesting.com/topic/4367933-bank-valuations/#post-4428753 Sat, 20 Sep 2003 13:31:17 +0000 Hi there,
I just a got a verbal valuation from Which Bank via the branch lending manager for our 2nd ip. He explained all things as to why it is under the current sale price and that the banks are very conservative with their figures and also told us that if you are putting more than 20% deposit down, he had no problem revealing the figure. The…[Read more]

]]> a9cdab7e9aaf15e9aa8aa932d8d51de3 https://www.propertyinvesting.com/topic/4367904-loan-statement-checker/#post-4428575 Tue, 16 Sep 2003 13:42:07 +0000 Thanks heaps Stuart for your assistance – much appreciated. Have a great day.[]

]]> fb461260ac5ae9dfa67fb56b500c84df https://www.propertyinvesting.com/topic/4367759-fixed-or-variable/#post-4427822 Fri, 12 Sep 2003 00:55:26 +0000 How about considering a split loan ? I have just done this – am hedging both angles. If only we had a crystal ball []

]]> ffc2fbad012fb7575040f6fd7fe084f2 https://www.propertyinvesting.com/topic/4367705-my-new-termite-barrier-quote-aghast/#post-4427534 Wed, 10 Sep 2003 14:39:39 +0000 Hi,
I know of a house on the Qld Gold Coast – on a slab of concrete and riddled with termites. Thank God I did a pest report. Talking to the pest inspector, he said the little buggers have been known to go thru concrete slabs ! He did say that it was certain types of concrete mix. Does that mean u should get a concrete mix check as well ? Scary stuff.

]]> 4b29d3ee4d19526b38a1bc300cb3a8c5 https://www.propertyinvesting.com/topic/4367610-fhog-and-investments/#post-4427090 Wed, 10 Sep 2003 14:22:41 +0000 Hi Elysium-M and Mortgage Hunter,
I am confused – I thought there had to be 12 months occupation of the home as well. May I quote from Explanatory notes – Qld OSR Duties act 2001 Section 282.
There is an obligation to notify the OSR if any of the borrowers who signed the declaration :
a) fail to take occupation of the residence as their home…[Read more]

]]> 15123ed682ea3264b0f17dc7c3fcf706 https://www.propertyinvesting.com/topic/4367288-age/#post-4424998 Thu, 28 Aug 2003 03:59:07 +0000 Hi Stu,
I did – CBA.

]]> 4f7967a0fa00ccc4cbae19faa3944fe4 https://www.propertyinvesting.com/topic/4367252-whats-your-profession/page/4/#post-4424544 Thu, 28 Aug 2003 03:56:32 +0000 Ho hum another ex IT. 27 years – programming, analyst / prog, proj admin and mgmnt. Looking for a new challenge !
Hope u all have a great day []

]]> 1055441e17e8c6f1cbfdd28b3cbcdece https://www.propertyinvesting.com/topic/4367288-age/#post-4424996 Thu, 28 Aug 2003 03:47:52 +0000 Hi all,
I am 50. Wanted a loan for 2nd IP – had 50% deposit. Bank told me loan could only be for 15 years as 65 is retirement age. A friend who is younger (30) came in on the deal and bank said “no worries” we’ll give u a loan for 30 years.

]]> 64e7f08e39c06c46162546f5517a2a7a https://www.propertyinvesting.com/topic/4366595-property-investors-to-blame/#post-4420470 Thu, 31 Jul 2003 03:51:43 +0000 Hi
What worries me is the amt of TV renovation programs. I think the mkt is saturated with them now. How many people out there making quick turnarounds? On the Gold Coast, I know of a property in Biggera Waters – bought for $270K, el quicko and cheap reno – less than 2 months turnaround – back on the mkt for $350K. The vendors r Sydneyites trying…[Read more]

]]> bfa856b32d5a7f433d8cc8844edc75cb https://www.propertyinvesting.com/topic/4366527-bug-bear-advice-please/#post-4419944 Sun, 27 Jul 2003 01:23:59 +0000 Thank u kind people for advise. Very much appreciated. Will be using all options offered in letter to solicitor today. I know that vendor wants to use $’s from the sale to purchase land in a new estate & they need to move quickly as the land is selling like hotcakes – thus creating excellent bargaining power for me. [] Will let u know how it pans…[Read more]

]]> 1e50fb252f03b4156649970e132704f5 https://www.propertyinvesting.com/topic/4366463-migration-patterns-of-a-lemming-sound-familiar/#post-4419604 Mon, 21 Jul 2003 06:09:48 +0000 Hi
Mini – I could no more do that, go sight unseen – than jump over the moon. You are very trusting. I work very hard for my $’s and I don’t want anyone taking my $’s unless I know what it’s for. I have spent the last couple of weeks on the Gold Coast and it’s a mad house here. Very good experience tho. Many people r buying straight off inet (or…[Read more]

]]> 869cc212fda235ea9a35e135412f2cdb https://www.propertyinvesting.com/topic/4366477-investor-club/#post-4419679 Mon, 21 Jul 2003 03:43:48 +0000 Hi Benson,
Have a look at http://www.theinvestorsclub.com.au – run by Kevin Young. I know a lady who has purchased about 6 properties thru them and she thinks it’s great. From what I have heard tho, I would be a trifle wary. I reckon it’s for people who want others to control their property investments. I be questioning everyhting and then again.
Cheers

]]> 42f14cb7d49bfce4a34553a157dc7b7e https://www.propertyinvesting.com/topic/4366431-landlord-insurance/#post-4419401 Sat, 19 Jul 2003 00:36:37 +0000 Thks Dram – have read this thread and it has really helped me. I’ll be on the phone this week. I’m new to this and still have lots to learn with only 2 IPs over the last 12 months,so much appreciated for your help.
Cheers[]
Q. Do most people get the jitters, can’t sleep, feel ill just after signing contracts & the like – wondering if all will be OK ?

]]> 1b0a501a824d4b9f507988acd05db782 https://www.propertyinvesting.com/topic/4366431-landlord-insurance/#post-4419399 Thu, 17 Jul 2003 06:06:55 +0000 Hi gianni – i need the same info. I have been told AON has Landlord Property insurance. U need to have the rental managers / agent name supplied. They send u a form to fill out with an optional building insurance as well. Hope this helps. I have a Brisbane # 07 3223 7400.
Cheers
Browni

]]>