Originally posted by gilad:
Gday All,

just wondering if anyone has experience with Positive Real Estate. http://www.positiverealestate.com.au

they have a seminar coming up with several speakers including Jason Whitton for a reasonable price – i think under $500 or so.

Any feedback or experience people would like to share?

thanks

OK, coming back to…[Read more]

I think I would talk to the PM first, to discuss the problems they are having finding a tenant for your property.
Perhaps there is a acceptable reason that the property has been vacant for a few weeks now.

What are the vacancy rates in the area?
Are other “To Let” properties attracting tenants quicker than yours is?
Is there anything you could do…[Read more]

Sounds exciting, mja!
I just want to say, because you’ve mentioned bamboo flooring, that this would be a great and practical choice, since you are thinking of renting it out later.
My husband has just installed a bamboo floor somewhere, I had a look and absolutely loved the look of it! It is ever so hard wearing and also environmentally…[Read more]

As far as I can remember since I read about company title a while ago, is that with company title, a company actually holds the land (and building) and you, the purchaser, buys shares in this company.
I think this means that the company really controls the running of the property, not you. The company may have to approve any decisions you want to…[Read more]

Yes, and I think also when they are leaking, or being damaged in a fire or crushed.

I think there should be strict rules/legislation set for the disposal of these smoke alarms.

But…how do you know if your smoke alarm is leaking?
Is there a device that can detect it?

It only needs to be a little bit damaged, have a little crack inside, and…[Read more]

Yes, regardless whether negatively gearing is good or not, (it suits some people’s strategies) you do not need help from someone to find you a negatively geared property- you can find them ANYWHERE.

Celivia

Yes, our IP has a hard-wired smoke/burglar alarm, and in our own home we have battery-operated smoke detectors which are, apparently, invisibly wired to the toaster. [whistle]
We also have fire extiguishers installed near the kitchen of own home and IP, and a fire blanket.

Does anybody know whether smoke alarms are relatively safe? There was some…[Read more]

It has a gym, elevator, pool and games/community room, so I figure that it means that if anything happens to these facilities, there will be (huge??) extra levies if the body corporate fees are small?

Celivia

Hehe, first of all, I like the topic title, Milly,
“My Poor Neglected Home” Sounds like a good title for a country song. [guitar]

It is very true for us, too. There are several (maintenance) jobs to be done at our PPoR, but if anything at all needs to be done to our IP, it is always attended to immediately!

In some countries, the maintanance,…[Read more]

Hey [biggrin] I always had the impression that it was a sin to talk about shares on these forum boards! [satan]

Celivia

Originally posted by Dr.X:
Just wanted to share a little debate in our house at the moment. Do we need television and media?

I vote NO!

Dr.X, just out of interest, (because I love these little debates my family, too, sometimes have) we have heard your side of the debate that’s going on in your house, but I am curious to know what is being said…[Read more]

Interesting topic! We have a great variety of opinions on these forum boards- from people who detest TV to people who offer their tenants a plasma TV as a way to increase the rent of their property.

I must admit that I do like watching some TV programs, from documentaries to ‘crap’. Not everything I do NEEDS to be educational or stimulating.
If I…[Read more]

Originally posted by loungeact:
Of course I would ask my Mum to buy the house as well with me, but she cant afford it. She’s a single parent & only a part time worker, with no assests AT all other thana cheapish car…

…I dont mean to sound offensive or anything, but as nice as it would be for me to be in the financial position to buy a hosue…[Read more]

I’m in favour of paying bills ASAP- (small) businesses can have a hard time waiting for delayed payments. They have done the work for you and deserve to be paid within a reasonable period of time, unless you have made other arrangements with the business beforehand.

Celivia

Hi Gilad,
perhaps you would benefit more from reading books by different authors who use different investment strategies first before deciding to go to a seminar.
A few authors are: Jan Somers, Margaret Lomas, Steve Mcknight, Teresa Wainwright.
These will give you different angles.

From having a look on their website, I figure that Positive Real…[Read more]

Years ago, when we were renting, half of the house burnt down due to old/faulty electric wiring.

The landlord made an offer of us paying half the weekly rent instead of losing her tenants all together.
We talked to the builder and arranged for him to work on just one room at the time, so I still could have some privacy as I was at home with a 7…[Read more]

Hehe, yeah I couldn’t get rid of the text, but just wanted to show ya the photo!

Apparently, they got European patent and are now in the proces of building a bungalow park with this material.
Building this polystyrene house costs 40% of the costs of a standard brick house and seems to be the most perfect material for insulation.
It has stood…[Read more]

We pay 8.8% management fee, and $3 administration fee (includes statements&postage) and $25 for the annual statement in June. I’m very happy to pay this to a good manager.

Celivia

Hehe, MA, funny! Can you imagine having to read a crapheap of emails/advertisements [dead2] to earn a measly $20?! 2 cents per ad/email.[dozey] You’d be behind the [computer] till your eyes are [square].
Sounds original to me though- a “get rich bored quick” scheme.

Celivia

Oh Rick Otton huh? [stress]
Hehe JD maybe this sandwich is too hard to swallow.[sick3]
In the meantime this post is becoming stale.[worried]

Celivia