If you put to much pressure on the agent to rent it either by too high a rent or by threatening to go to another agent you will srew yourself, as they will get you a tennant. But it wont be one that meets the usually stringent criteria. (I used to be a property manager- seen it happen many times).

A strategy that always used to work was offering…[Read more]

I have no experience in this area but have done a hell of a lot of reading on hotel and serviced aprtments.

It takes even the best establishments around three years to get there marketing well established and get a good crew of returning and new customers which is the key to high occupancy.

From the westpac 2006 hotel report, Perth has about 75%…[Read more]

Ta.

In the current market no.

Following a major correction hell yeh.

Mid way id be in both property and shares.

Im not a stock broker or financial planner so dont act on my advice. Its only an opinion.

Any one planning to sell up would only do so after consulting a financial planner and or accountant as everyones circumstances are so different. CGT implications, etc etc.

So no im not advocating that you sell up.

But im definitely saying that i think…[Read more]

Here Here

I second that.

Your seem like a novice investor so making a living out of renos in a post boom market will be tough.

If your bosses are truly a## h#$el then look for a side ways move but dont leave the govt just yet.

Look at it a different way. Your giving it up as a way of boulstering your self esteem when in fact it will do the…[Read more]

Peter

I left school in 1989 in the middle of the last major housing boom. Inflation was rife, interest rates were at 18%, and unemployment for people 18 to 25 was between 10% in the city up to 60% in country areas.

I had to move to sydney and do volunteer work in real estate agents to get my foot in the door as a property manager on $69pw.…[Read more]

Originally posted by L.A Aussie:
Originally posted by condog:
Then with due respect you havent analysed the right companies.
ANZ, CBA, WBC SGB have all averaged a first year franked yeild of well over 7% and 15% growth in share price and earnings for 8 of the last 10 years.
In roughly a 5 year period
MND has averaged over 40%, BHP and RIO have…[Read more]

Then with due respect you havent analysed the right companies.
ANZ, CBA, WBC SGB have all averaged a first year franked yeild of well over 7% and 15% growth in share price and earnings for 8 of the last 10 years.
In roughly a 5 year period
MND has averaged over 40%, BHP and RIO have averaged over 30%, WPL has averaged over 50%, UGL over 30%,…[Read more]

The thing is when you buy into the stock market after a crash or major correction the yeilds are unbeatable.

Dont forget the value of franking credits which means stocks pay you in tax free dollars. (depending on your tax rate).

Also good companies grow their earnings year in year out upwards of 15% pa. Now there really arent many pproperties…[Read more]

PIAFPU from API has a free trial. I can write almost any spreadsheet i desire as thats part of my job, but I bought it two days ago because i tried the trial version and It is absolutely brilliant in terms of its ease of use, functionality and price. (It has one or two tiny quirks). I paid $245 with no hassles because thats about a good days work…[Read more]

No. Not legally.

Millions try this.

http://www.census.gov/ipc/www/idbpyr.html

Its a gov censis site showing age based population for most countries in the world in 2000, 2025 and 2050

Take a look at htis site if you want to work out the effect of populations retiring on our economy. Japan has the worst situation and being the second largest population willl…[Read more]

Principal place of residence exemption
What is the principal place of residence exemption?
You can claim the principal place of residence exemption for land, including strata lots, that is used and occupied as your principal place of residence (your home). The area or land value of the property does not affect whether you qualify for the exemption…[Read more]

Sorry Marc i had a grey matter explosion.

If anyone here uses The Elliot Wave theory for trading in conjunction with RSI and value fundamentals as i do you might have noticed all three are ringing major alarm bells.

Whats worse the sharemarket is at a point 5 in the Primary Wave which is the same point we were at with the 1987 crash.
Now there…[Read more]

Thanks for sharing your experience.

One major difference in my situation to yours is im buying of private buyers who bought the property some time ago and have been more than happy with it but need money to move on to a different investment.

Im not buying form the developer or the hotel so those margins dont apply. I also have a 10 year rental…[Read more]

Surely youd be entitled to part compensation for the time to check it and the cost of the program. Id add it in and ask them. The worst they can do is say no.

Thanks

Yep i was land focused to originally but then i realised its a continuum form negatively geared 100% land content to houses to villas to units to serviced apartments that have little land content but are generally very posiitively geared.

I understand the importance of land content as i currently own my own house on 1000m2 and a block of…[Read more]

The share market is very hot at present and in desperate need of a 10%+ correction to even start finding valu in a lot of the better shares. That being said there are a few bucking the trend and going through minicycles with buying opportunities. Find 10 – 15 stocks. Research them very well. Establish acceptable yields youd be happy to get stuck…[Read more]

In his “Guide to investing ” he covers all the basics and his principles are sound. Its a good first read but certainly not enough to trade or buy and hold from.

Just google value investing. You will get heaps of good sites

like
http://www.moneymanager.com.au/investing/index.html

and many others. Then use this knowledge plus a knowledge of…[Read more]