the Hornibrook bridge is the bane of many peoples commuting lives. Its a shocker, If they only upgraded the bridge and ran the rail line through (as promised for 20years!!!) then the Redcliffe area would go off even more.

Tankbuster, PM me, I have some ideas.
Cheers
CD

CastleDreamer

Hey tankbusterboy,

I was like you, but I woke up and bought in Keperra and Brighton, and managed to catch the last of the waves!!!!! The sale of my Keperra house is now financing deposits for cf+ properties! Cool.

What made you think about Redcliffe and Mitchelton? Are you applying the same research to today’s market? Is there some area you…[Read more]

HI cvrjcu,

As an example, rates in brisbane are based on land values, maybe getting people to list location, land value and rates paid would be a better indicator for you.

CastleDreamer

Look on the internet at the westinghouse and sunbeam sites. Have a look for a basic stove – do you want a timer, glass front door? whatever – pick the basic idea of what you want, contact your agent and ask them to go and buy one, have it delivered (sometimes the store you buy the stove from will take the old one away for nothing). Agent can…[Read more]

Passion – people, helping others
Purpose – to get financially independent to enable me to volunteer time in O/S aid work, or even here in Oz.
Plan – purchase cf+ properties using equity in PPOR and proceeds of sale of well grown capital growth property just recently.

In my mind the passion has to come first, if you don’t know what it is you have…[Read more]

[/quote] If something is showing a good return in this market – there must be some risk associated with it. Be it location, type of property or tenants etc.[/quote]

Yack, I disagree, capital growth has been an important part of my portfolio, but that does not mean that good return necessarily equals risk. You could buy a property in a “capital…[Read more]

Way to go Risky!!!, I want to know how you go as well.
Cheers
CD

CastleDreamer

Hi nangunia,
you can start with the local yellow pages for the area. Ask several of the agents in the area for a list of pest and building inspectors. Don’t necessarily go with the one that the selling agent recommends!!! (said a little tongue in cheek, but I aim to keep everything separate!) Once you have a list, contact them and get quotes. I…[Read more]

“I’ve got an 18 yr old girl in another property who is doing the HSC. She’s working part time at Coles. I’m giving her a week’s free rent around mid year exams so she can study. I’ve got a single mum in another place. Once a month I pay a local babysitter to go there and give her 4 hours off.”

Celivia, and depreciator, these are great ideas,…[Read more]

Hi ceec

For reputable birddogs in NZ!!! I recommend Minimogul and Westan, both members on the forum here. You can contact them by using the PM function. Both have been members here for some time, I have met or spoken with both of them, and trust them. Westan is in the south island, mini in the north.
Cheers
CD

CastleDreamer

Hi Starscream, I haven’t done this type of investment before, but i guess it will come down to doing all of your investigations about the real value of it, weekly holding costs, how much choice you have in renting it out? How do the cost of living expenses for the residents compare with other similar villages – ie will the village down the road…[Read more]

Hi Guys,
Same as Mini,
Try the Pathfinder brand, pretty good in my opinion
Cheers

CastleDreamer

Prop16, I do exactly the same thing. One LOC against a single stand alone property – draw deposits from this. Once this LOC is exhausted, will start a second LOC on another stand alone property and do same again.
CD

CastleDreamer

Hi Scullyman, I can’t help you directly, but I do recall several previous posts about software to manage your “millions!!!” You could try running a search using ‘software’ ‘rental software’ and similar to see what you come up with.
Cheers

CastleDreamer

Kay, I am with you. Confused. Steve could you explain the 0% a little more.
Cheers
CD

CastleDreamer

NOOOOOOOOO!!!!! I can’t believe it. I am shocked that Australian Swimming would disqualify their own best swimmer. Isn’t that treason? to do something harmful to your country??????

AAAAHHHHHH – not fair.

CastleDreamer

Hi Sooshie, haven’t seen your name on the posts for a while, hope things are going OK in your world.
What’s important to me – trying to spend more quality time with people, and not getting caught up in the daily grind of work, work, work. Keeping some space for me to enjoy the world – quiet time to reflect, heal, think, grow.
That’s important…[Read more]

Hi Ian,
that’s what I have set up at the moment. Family trust with me as trustee and beneficiary. My accountant told me that as long as I treat the trust like a separate entity – eg it pays interest to me for the money I loan it and it recompenses me for my time/expenses spent pursuing the trust goals, then thats fine, and I will be able to…[Read more]

IN NZ its different – the purchaser is responsible for insurance from the day the property settles.

CastleDreamer

Hi guys, read your contracts, I think you will find that they state (the QLD REIQ one does definitely) that insurance is the responsibility of the purchaser from 5pm on the next business day after signing of the contract.

Cheers
CD

CastleDreamer