PropertyInvesting.com | DD | Activity https://www.propertyinvesting.com/members/dd/activity/ Activity feed for DD. Sat, 11 Apr 2026 07:38:31 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 f2e1ef0ae4c48a54b4f52c5ab67c69a4 DD replied to the topic Free Recent Sale and Rent Information for any suburb in the forum General Property https://www.propertyinvesting.com/topic/4399943-free-recent-sale-and-rent-information-for-any-suburb/#post-4624548 Sun, 30 May 2010 07:02:06 +0000 Aman, Hasall Grove is also a 2761 postcode area. The reason I mention this is I used to live there when in Sydney. We built there in 1992 for $114,800 and sold in July 2004 for $350k. All of the services are underground in the new estates of Glendenning and Hassall Grove. Plumpton is the older section with visible powerlines throughout.The…[Read more]

]]> ebf205b66df61cec99877d44c02cd4f1 DD replied to the topic Better Suggestions? in the forum Help Needed! https://www.propertyinvesting.com/topic/4399639-better-suggestions/#post-4622868 Thu, 22 Apr 2010 14:32:28 +0000 Richard is right, always get the finance organised before you look. There are many deals and bargains that are missed out on because someone can supply an earlier settlement and shorter time for conditions. So many people dont know where to start, where this forum allows you to get free advice from those that have a good track record. Whatever you…[Read more]

]]> c511d9f73ad60aae1154ed46ddcbf875 DD replied to the topic What To Do? Bank Valuation Came in 15% Under Value in the forum Help Needed! https://www.propertyinvesting.com/topic/4399300-what-to-do-bank-valuation-came-in-15-under-value/#post-4620566 Wed, 21 Apr 2010 06:26:49 +0000 Yeah the amazing things I get sometimes about valuers. There was one deal in North Bundaberg recently where a Westpac valuer came in $30k under valuation on each of 2 units that a couple were trying to buy out of a block of three. The valuer wouldn't talk to me regarding why he thought the value was so low. I finally reached him and he was…[Read more]

]]> bf0f56cd2a1ada50cd1481fb5f0875e8 DD replied to the topic Building a team in the forum Help Needed! https://www.propertyinvesting.com/topic/4399481-building-a-team-2/#post-4621810 Wed, 21 Apr 2010 06:13:50 +0000 Solicitors depend on the state of purchase I use one in Tassie for all of tassie, another for Qld work etc. I would suggest that you need to do some research to find a select area then simply target agents that deal in that area, call them about their current listings and then quiz them about infrastructure and new schools/shopping centres or…[Read more]

]]> 2233ce43a7494b037c19bd2cbce5b799 DD replied to the topic Im about to start buying my investment properties for retirement, i need advice please in the forum Any buyers agent that cant https://www.propertyinvesting.com/topic/4399449-im-about-to-start-buying-my-investment-properties-for-retirement-i-need-advice-please/page/2/#post-4621552 Wed, 21 Apr 2010 05:58:52 +0000 Any buyers agent that cant do his service for you for a reasonable fee is plainly ripping you off. I charge a flat fee of $4k per property deal and I also supply building and pest contacts, discounted solicitors and rental managers that discount for my clients. A list of maintenance contacts and for those investors that want a bit extra I do their…[Read more]

]]> 0ff828551ffb18d0e221721a07c8f2b6 DD replied to the topic Metropole as a buyers agent??? in the forum Heads Up! https://www.propertyinvesting.com/topic/4393126-metropole-as-a-buyers-agent/page/2/#post-4586497 Thu, 15 Apr 2010 04:13:26 +0000 Crusty, what a rough way to tarnish all buyers agents with a single brush. I dont get more stock for sale to my clients by making them buy at a higher price as you have stated. I get an agent that loves having pre-qualified buyers that dont tyre kick and waste his time. What I am saying is that as I have a clientbase that seeks a certain kind of…[Read more]

]]> b67ee806e9dc501cb5f8a47ec47f0902 DD replied to the topic Interest Rates UP in the forum General Property https://www.propertyinvesting.com/topic/4399413-interest-rates-up-3/page/2/#post-4621365 Wed, 14 Apr 2010 07:38:51 +0000 Well with electricity due to soar for us and not big business soon I am very skeptical about the longevity of this government if they dont try and curb their spending of our money whilst we cop all these higher charges for basic services.Any Tassie investor would know they have just separated water and council rates so they can nudge the totals up…[Read more]

]]> b67ee806e9dc501cb5f8a47ec47f0902 DD replied to the topic Interest Rates UP in the forum Well with electricity due to https://www.propertyinvesting.com/topic/4399413-interest-rates-up-3/#post-4621348 Wed, 14 Apr 2010 07:38:51 +0000 Well with electricity due to soar for us and not big business soon I am very skeptical about the longevity of this government if they dont try and curb their spending of our money whilst we cop all these higher charges for basic services.Any Tassie investor would know they have just separated water and council rates so they can nudge the totals up…[Read more]

]]> b7f8cd2e2b19dadbedf81cfba9d91373 DD replied to the topic Gladstone in the forum When I was shouting https://www.propertyinvesting.com/topic/4398641-gladstone-2/#post-4616343 Wed, 14 Apr 2010 07:29:00 +0000 When I was shouting Gladstone 2 years ago several of my clients did jump in and secure property all between $100k and $130k for 2 bedroom units. I havent seen any cashflow positive there for sometime, but its always nice that my clients have all experienced $100k plus cap gains profit from each of these deals.As the new estates are all filling up,…[Read more]

]]> 947965bbcffde3aae6ef62ce21234eed DD replied to the topic good area under $200k in the forum Great price Nathan, good to https://www.propertyinvesting.com/topic/4399465-good-area-under-200k/page/2/#post-4621658 Wed, 14 Apr 2010 07:23:13 +0000 Great price Nathan, good to see some Sydney deals that look sharp. Snoopy, yeah its a personal choice. Most clients use me a few times if they are new to it as they get discounted contacts for building /pest inspectors and solicitors to do the conveyancing work. Once they are comfortable they usually do it all themselves.Having said that I have…[Read more]

]]> 89b62ca5faa841c2762a5ea74e2ed48a DD replied to the topic Renovation for profit in the forum Value Adding https://www.propertyinvesting.com/topic/4399495-renovation-for-profit/#post-4621931 Wed, 14 Apr 2010 05:05:26 +0000 Sam Vannutini and I with the Reno Kings were the 4 main contributors for May 2005 API cover story on 50 top tips to increase your rental yield. I was also profiled in that issue.I am a buyers agent and do renos for clients who buy property and don't want or have the skills to renovate themselves.Happy to chat or make suggestions for you to help…[Read more]

]]> f17e759482d25be713dcfd8d5b7fc287 DD replied to the topic Finance advice requested in the forum Value Adding https://www.propertyinvesting.com/topic/4399006-finance-advice-requested-2/#post-4618586 Wed, 14 Apr 2010 04:38:49 +0000 As the 6 are already stratad then buy it 3/3 in different names with different lenders. Then approach council once you have sucess in settling to arrange for a block discount for rates being one "couple owning the lot. You may save $$thousands on council fees.Has the strata been enacted or just approved? It makes a big dofference if you dont have…[Read more]

]]> cbe085ee30b2be8343b91a8b5050f1a1 DD replied to the topic Trying to boost reno skills in Canberra in the forum Johnathan, hi I have been a https://www.propertyinvesting.com/topic/4399496-trying-to-boost-reno-skills-in-canberra/#post-4621940 Wed, 14 Apr 2010 04:14:13 +0000 Johnathan, hi I have been a buyers agent helping people  secure property for the past 8 years. I also do renos for many of these clients once they have earned an income from their investment for a short time. I have one client where I went with her to Tassie for one last year and we did the whole house in 8 days.That's her and I doing the prep…[Read more]

]]> 514c0913bdcc510e77a0ff6bc637c20c DD replied to the topic Investment property. Being rented out over capacity!!! HELP in the forum I have a client whos https://www.propertyinvesting.com/topic/4399499-investment-property-being-rented-out-over-capacity-help/#post-4621974 Wed, 14 Apr 2010 04:05:25 +0000 I have a client whos property is in Bundaberg Qld. He rented it to a single guy. The single guy has 4 students staying there which was only found out during a recent inspection. The agent contacted the owner and they got $250/wk rent instead of the $190/wk previous if they left the tenants stay. This was only 4 so not classed as a boarding house…[Read more]

]]> 7669230740eb43daaf5d713562df17b3 DD replied to the topic Quantun 8 Group in the forum General Property https://www.propertyinvesting.com/topic/4390789-quantun-8-group/#post-4574140 Mon, 12 Apr 2010 03:12:22 +0000 Wealth4life, you have me dead in the water then. I have been assisting people for 8 years now to get their investments happening and I have a really crap website I haven't reviewed in over 2 years. No this isnt another plug as I havent even got my website listed on here but more an appreciation of a fair comment you made where Im guilty of working…[Read more]

]]> a18a4aa899d82bd5999cd9ebe1ad5c0e DD replied to the topic good area under $200k in the forum General Property https://www.propertyinvesting.com/topic/4399465-good-area-under-200k/#post-4621645 Mon, 12 Apr 2010 03:04:42 +0000 Yeah I cant remember how to do a private message on here anymore. Ive just come back on after 2 years. Can you PM me and we can then discuss off the radar.ThanksDD

]]> 1c40d5cf3d89917db2d1e9d981ff71ee DD replied to the topic Interest Rates UP in the forum General Property https://www.propertyinvesting.com/topic/4399413-interest-rates-up-3/page/2/#post-4621353 Mon, 12 Apr 2010 03:01:33 +0000 The true catalyst for the interest rate rises is the performance of the aussie dollar. As the dollar strengthens, imports are so much cheaper and we tend to splurge. With interest rates jacking up higher again this is only keeping pace with our perceived worth overseas and the interest rate trend will continue as the global financial crisis…[Read more]

]]> 1c40d5cf3d89917db2d1e9d981ff71ee DD replied to the topic Interest Rates UP in the forum General Property https://www.propertyinvesting.com/topic/4399413-interest-rates-up-3/#post-4621336 Mon, 12 Apr 2010 03:01:33 +0000 The true catalyst for the interest rate rises is the performance of the aussie dollar. As the dollar strengthens, imports are so much cheaper and we tend to splurge. With interest rates jacking up higher again this is only keeping pace with our perceived worth overseas and the interest rate trend will continue as the global financial crisis…[Read more]

]]> 25cae9e13eb0d489ba22d33635165998 DD replied to the topic Selling Using a Seller's Advocate? in the forum General Property https://www.propertyinvesting.com/topic/4399441-selling-using-a-sellers-advocate/#post-4621502 Mon, 12 Apr 2010 02:49:06 +0000 Some people prefer to sell their properties through an email based system of sales, rather than have an agent trudge 50 potential buyers through your property. Many investors out there need the facts and a few basic pics to make a buying decision and a quicker if not higher sale can be achieved this way. Less interruption to existing tenants, with…[Read more]

]]> 8ad616768054d75514278c51990c3a6e DD replied to the topic good area under $200k in the forum General Property https://www.propertyinvesting.com/topic/4399465-good-area-under-200k/#post-4621643 Mon, 12 Apr 2010 02:36:37 +0000 Shahabr hi, Im finding great deals all the time for my clients and sub-$200k. $140k 2 bedder with $200/wk rent, $150k 2 bed unit in a block of 8 in bundy with 3 others owned by my clients, 3 bedroom house in tassie for $156k with $195/wk rent.All these sorts of deals are readily available.This is what I do.Good luck in your search, Happy Hunting!!!DD

]]> ae66f2b6bce91992b7f14801a5887633 DD replied to the topic Renovate to increase Yield in the forum Value Adding https://www.propertyinvesting.com/topic/4399425-renovate-to-increase-yield/#post-4621408 Mon, 12 Apr 2010 02:30:21 +0000 If you have available under bench space I would suggest it was a great idea, same as a clothes dryer. Unfortunately tenants have a propensity for breakups and one partner left one of my rentals recently with a rangehood and a dryer. Still chasing him. My advice would be to bolt them down from now on. A small unit with a dishwasher and an air-con…[Read more]

]]> 4e6e7f7ec34de6bf9039acbd7b5efcbb DD replied to the topic Boot and renovate, or stick with existing tenant? in the forum Help Needed! https://www.propertyinvesting.com/topic/4399310-boot-and-renovate-or-stick-with-existing-tenant/#post-4620639 Mon, 12 Apr 2010 02:08:21 +0000 One of my clients has bought a unit in the same street I own 4. He has been away working so I asked him what his rent is. He tells me $210/wk. Mine that are identical to his are getting $235 x 3 and $240 x 1. So $100/mth hes duding himself by not reviewing the rent regularly. Keep on top of it.Nathan is on the money with his analogy as well. Like…[Read more]

]]> d59b5fa710aa921b7806162a6f19045d DD replied to the topic Renovate now or later? in the forum Value Adding https://www.propertyinvesting.com/topic/4399420-renovate-now-or-later/#post-4621381 Thu, 08 Apr 2010 14:54:53 +0000 Madness to do it now as you wont get a red cent from the tax man. Once you have rented it out for over a month then do any work you need and its classed as new capital improvements and depreciable on your tax. A good trick with air cons is to get one invoice for the unit and another for installation and labour. Installation and labour can be…[Read more]

]]> a52fa3dd66c373ef4f9bf5b1045c92ed DD replied to the topic Good time to sell? in the forum Help Needed! https://www.propertyinvesting.com/topic/4399434-good-time-to-sell-2/#post-4621439 Thu, 08 Apr 2010 14:40:01 +0000 If I had something that would return 10% II would try and duplicate that as a success story. $160 purchase and $320/wk rent is a flat 10% so depending on strat and management costs you are sounding like it is a winner. Get a val, dip into equity and go again.Nothing but fear holding you back.Happy HuntingDD

]]> 7bc419db01987ad1f7da788206dede85 DD replied to the topic Newish to this - Am I over extending myself? in the forum Help Needed! https://www.propertyinvesting.com/topic/4399442-newish-to-this-am-i-over-extending-myself/#post-4621504 Thu, 08 Apr 2010 14:36:22 +0000 Ok so if you grab cash out of your offset $$ the real question is will it make you better off or worse off??As the funds are for investment purposes out of your LOC, it is then deductible for the interest on that money.You are pulling out deposit plus costs so estimate about 25% of the value of any new property you buy.510income /475 cost means…[Read more]

]]> 870dccd63a7741931516acee0abe9cf0 DD replied to the topic When & how to value IP in the forum Help Needed! https://www.propertyinvesting.com/topic/4399428-when-how-to-value-ip/#post-4621426 Thu, 08 Apr 2010 14:19:29 +0000 Carna20, what you should do is ask your bank which 3 agents are currently on their panel of valuers. If you then get a valuation from any of those valuers, this can be applied to your property for up to 6 months should you wish to access equity from it. Not only a good idea to find out from the bank as whatever you pay for a valuation now is saved…[Read more]

]]> 7fc69cc5e8825918bdd73a88324863f1 DD replied to the topic My journey thus far in the forum Help Needed! https://www.propertyinvesting.com/topic/4399390-my-journey-thus-far/#post-4621169 Thu, 08 Apr 2010 14:13:33 +0000 Ive heard someone where I live had a similar hassle. They paid out a phone contract, have a $140 default a year later when applying for a loan and would be charged $1500 to clear it. What a joke.Im surprised at this sort of madness creeping into our lives, in some cases detering young couples from getting ahead.DD

]]> fccc263c254f61a6084a96863e7f1950 DD replied to the topic Recently Divorced, how do I rebuild with $100K? in the forum Help Needed! https://www.propertyinvesting.com/topic/4399274-recently-divorced-how-do-i-rebuild-with-100k/page/3/#post-4620409 Thu, 08 Apr 2010 14:01:34 +0000 oo3c, Thanks for that, she was 35 and I was 45 when we split. The kids are 7&9 as well.DD

]]> 8f827b6eb8fd737e19e55ac77face620 DD replied to the topic Wow, I'm stuck. in the forum Help Needed! https://www.propertyinvesting.com/topic/4399426-wow-im-stuck/#post-4621414 Thu, 08 Apr 2010 13:51:10 +0000 Richard again has nailed it as most valuers are coming in light on vals, im pretty sure you would get a rude no thanks from your bank. I had a deal recently where you could buy a 2 bed unit for $140k with a $200/wk rent return. Not as Amazing as Richards client but available last week. Block of 10 reasonable holding costs.They are out there. You…[Read more]

]]> 02c1778d324bae65086dda3294e32078 DD replied to the topic Keen newbie needing some expert advice on buying units in the forum Help Needed! https://www.propertyinvesting.com/topic/4399421-keen-newbie-needing-some-expert-advice-on-buying-units/#post-4621386 Wed, 07 Apr 2010 08:17:03 +0000 If you want cashflow and growth immediately you really are a dreamer. Units by nature incur body corp fees. To avoid these you need to find a duplex 2 bedder and hope the other half is the guy that owns it so there is no body corp fees. apart from that avoid pools, tennis courts, and onsite managers like the plague and you can find reasonable body…[Read more]

]]> 797dc9ae3d59781ca612c85c2e78f086 DD replied to the topic renovating kitchen in the forum Value Adding https://www.propertyinvesting.com/topic/4399018-renovating-kitchen/#post-4618681 Mon, 05 Apr 2010 05:32:55 +0000 I organise renos for clients and have found that when Im in Tassie, the local bunnings has a measure and quote service. The builder I use down there that does the full rip out and replace for me gets them to deliver on site and then he and his offsider do all the hard stuff in 2 days.The only thing is you need the walls repaired between the rip…[Read more]

]]> d3c8bea5a603e2fd8a831e889a72409a DD replied to the topic Getting out of a contract with PM in the forum Help Needed! https://www.propertyinvesting.com/topic/4399286-getting-out-of-a-contract-with-pm/#post-4620462 Mon, 05 Apr 2010 03:04:27 +0000 I always advise my clients to cross out the "assignment" clause and also to change the 90 day period to cancel the agreement to 30 days and initial it. You may start with a manager that is awesome and lock in your business, but if they go off to have a baby, or go to a better paid job with a different agent, you are left with the dregs and this is…[Read more]

]]> ce2b8ea8823be3559f88c83c7f257cfd DD replied to the topic Boot and renovate, or stick with existing tenant? in the forum Help Needed! https://www.propertyinvesting.com/topic/4399310-boot-and-renovate-or-stick-with-existing-tenant/#post-4620636 Mon, 05 Apr 2010 00:58:48 +0000 What I usually find from a post like this is that you have become emotional about your tenants and their circumstances and not detached and looking at the bottom line. I achieve rents in a block of units in Kingston of $240/wk. My sister who has paid off her unit in the same block has her tenants paying $180/wk. As she is now divorcing, she needs…[Read more]

]]> bdee34c228d49f71b1e85d3cac8bb74f DD replied to the topic illegal Extention on home?????? in the forum Help Needed! https://www.propertyinvesting.com/topic/4399234-illegal-extention-on-home/#post-4620076 Mon, 05 Apr 2010 00:48:19 +0000 Anything thats been standing for more than 10 years is probably going to get a rubber stamp from council. In 2000 when my father died, his Forster NSW house we put on the market. The agent found the whole building had never had its final occupancy approval and it had been there 12 years. The council signed off on it without a problem.The house was…[Read more]

]]> 632efac2fe286c1c659e05d6db92faa9 DD replied to the topic Tenant wants a long lease in the forum Help Needed! https://www.propertyinvesting.com/topic/4399312-tenant-wants-a-long-lease/#post-4620662 Mon, 05 Apr 2010 00:44:45 +0000 Leases, if it's a new tenant 6 months. If they seem ok  after this then a max of 12 months. I often lock in a rent hike at the same time.What I do is say the rent is $180/wk and I want $190/wk. I get the tenant to sign for 12 months, 6 at $185/wk and 6 at 190/wk. On one lease.This does 2 things, firstly gets me the rent I need locked in to a…[Read more]

]]> 74afc1c3be2d1a474efd99809506baf4 DD replied to the topic Recently Divorced, how do I rebuild with $100K? in the forum Help Needed! https://www.propertyinvesting.com/topic/4399274-recently-divorced-how-do-i-rebuild-with-100k/page/2/#post-4620399 Sun, 04 Apr 2010 21:29:32 +0000 oo3c, wow. Im on the other side of your situation. She moved on after we had amassed a sizable property portfolio. Just told me she had had enough after 18 years and boom, the dream has ended.The settlement was that as I kept the house I was to give her a big settlement to buy hers. I took out $450k extra in loans on the IP's which meant the…[Read more]

]]> 118d21e55e140b5a398e83bd0fe79d34 DD replied to the topic How do I get around unhelpful Real Estate Agents in the forum Help Needed! https://www.propertyinvesting.com/topic/4397050-how-do-i-get-around-unhelpful-real-estate-agents/#post-4608219 Fri, 28 Aug 2009 00:42:30 +0000 Guys, another way is to get a solicitor onside who will do the odd title search for you as a thank you for referring business to them. Sometimes being nice really pays off.!!!DD

]]> 1ad01128b1ae860fc6c5f210a5617d8f DD replied to the topic debt in the forum Help Needed! https://www.propertyinvesting.com/topic/4397104-debt/#post-4608512 Fri, 28 Aug 2009 00:39:04 +0000 Dr Spock, its so good to get on here after ages away and see someone achieving debt retirement so well. Well done. So many of my clients are frustrated as they approach a property deal, only to show this credit card or that unpaid debt stopping their approvals for what otherwise would be a simple loan.Great work and super well done.DD

]]> 962b3f4879f569b4853ddd77d72815ec DD replied to the topic Please Help: Can Vendor Withdraw Signed Contract? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4396681-please-help-can-vendor-withdraw-signed-contract/#post-4606306 Fri, 28 Aug 2009 00:35:23 +0000 Ok big flashing lights here too. What you havent considered if you sell it to your friend is that you probably have an exclusive contract to sell it with the agent. If you just turn around and sell it to your friend within the exclusive period with the agent, you are up for the agents commission anyway. Thats even if you sell it yourself.Please…[Read more]

]]> 0eb9470f83a73b6a82d37e8e2f1ac133 DD replied to the topic Any ideas! help with investments. in the forum Help Needed! https://www.propertyinvesting.com/topic/4389483-any-ideas-help-with-investments/#post-4567188 Sat, 05 May 2007 15:34:54 +0000 My dad brought us out from Wales in 1966 and he was chief plumber on West Glamorgan council. His pride wouldnt let him do the 4 year apprenticeship here he then needed to get an aussie plumbers licence. He regretted it till the day he died 7 years ago.Now with what someone posted about taking a year to get qualified. With the average plumber now…[Read more]

]]> ca3c0c72cfcf7639b4867de329c12fb8 DD replied to the topic INVESTING IN QLD, ONE MILE, IPSWICH in the forum Help Needed! https://www.propertyinvesting.com/topic/4389506-investing-in-qld-one-mile-ipswich/#post-4567297 Sat, 05 May 2007 15:20:41 +0000 I own a house on Vineyard street in one mile and its got dual access from the back on Darcy Lane near the river. Since the bridge from Ippy got redeveloped a few years ago there hasnt been too much happening there except the odd infill house on a vacant block now and then. The good thing is that in 2003 I bought this for $95k and its now worth…[Read more]

]]> e4ca05bd9f1f14034898422098fdccc8 DD replied to the topic Accountant with expert property experience required- SYDNEY in the forum Help Needed! https://www.propertyinvesting.com/topic/4389466-accountant-with-expert-property-experience-required-sydney/#post-4567129 Wed, 02 May 2007 04:59:42 +0000 Well guys here they are!!!!Peter Lang & Associates, Maria DeFrancesco 9363 2377 Fax 02 9362 3146 Suite 610 Eastpoint Tower 180 Ocean Street, PO Box 85 Edgecliff 2027Very property savvy people there. Say you are referrals from Dave Thomas who has used them for 5 years. Very nice tax returns.DD

]]> 13ed3b7abb97a1097f77f25fe7fc9a35 DD replied to the topic advice for young investor in the forum Help Needed! https://www.propertyinvesting.com/topic/4389467-advice-for-young-investor/#post-4567134 Wed, 02 May 2007 04:52:23 +0000 Richard is right about small units being a worry from most lenders, but both the NAB and Comm Bank have recently loaned on 38sqm one bedroom units in Woodridge Qld. This area is having another surge as Im sure Richard will confirm so Im just wondering if hornsby area is currently getting cap gains or is still flat like other parts of sydney. As…[Read more]

]]> a503fc61f217582301de0c8920cc8c1b DD replied to the topic Too good to be true? in the forum Help Needed! https://www.propertyinvesting.com/topic/4389416-too-good-to-be-true-2/#post-4566877 Sun, 29 Apr 2007 09:20:34 +0000 Had a client who bought a property with a rental guarantee a few years ago in Sudney. Not only couldnt they get a tenant but they also had to sue the developer to try to get their guaranteed income off him. Often there are clauses and they favour the developer squeezing out of paying any of the guarantees. Both Terry and Richard are right in that…[Read more]

]]> fdb95e4bdbe5d270ca742cb3a8d1eb10 DD replied to the topic 1955ers in the forum Help Needed! https://www.propertyinvesting.com/topic/4389366-1955ers/#post-4566653 Sun, 29 Apr 2007 09:06:01 +0000 Nice to see some 1955ers with the rent yourself to invest better strategy looking to move forward. Being a 1962er Im not far behind you timewise and my wife and I are a bit further on in the investor journey, but have always said that if we needed to start again we would rent, and all of the difference between the rent and what we would have to…[Read more]

]]> 26b369043e8b97e1f81d351920159cda DD replied to the topic Annoying whiney pesky tenant.. in the forum Help Needed! https://www.propertyinvesting.com/topic/4389222-annoying-whiney-pesky-tenant/page/2/#post-4565906 Sun, 29 Apr 2007 08:14:19 +0000 We had a tenant recently who fell down the stairs, she then said she was thinking of suing due to the stairs not being safe, so we had them assessed and guess what, they were fine. Then she said she was injured and could we carpet the stairs for her so she could feel better, so we got a quote just to keep her happy, we said we would think about…[Read more]

]]> 4b2ece4e1398a29df1f0936d13326908 DD replied to the topic Advice on areas to look for IP & investment clubs in the forum Help Needed! https://www.propertyinvesting.com/topic/4389371-advice-on-areas-to-look-for-ip-investment-clubs/#post-4566676 Sun, 29 Apr 2007 07:53:30 +0000 Wow to have such a fine criteria that it "has to generate exactly $40.00/wk after costs" I wish you good luck. It is too hard for me to find these things easily and with so many sources for property and advisers and new properties out there with not much more than 6.5% return these days in good growth areas, I think you are a bit too unrealistic…[Read more]

]]> 3d1aa197ce8aebcc7fa313268251ccbb DD replied to the topic ARE YOU STILL INVESTING IN YOUR “OWN BACKYARD”? CALLING ALL EXPERIENCED INVESTORS! in the forum Help Needed! https://www.propertyinvesting.com/topic/4389425-are-you-still-investing-in-your-own-backyard-calling-all-experienced-investors/#post-4566946 Sun, 29 Apr 2007 07:48:48 +0000 Get a building and pest reports on all properties, get full internal pics from the agent showing anywork needing to be done, get the agent to arrange a couple of quotes and bingo, no need to visit the place anywhere in australia. Now if you are a nervous investor that needs to touch and feel a place then by all means make the trip, but if you get…[Read more]

]]> 6f169f466ccdf625705982dfa9a631de DD replied to the topic Bird Dogging in the forum Help Needed! https://www.propertyinvesting.com/topic/4389407-bird-dogging-21/#post-4566854 Sun, 29 Apr 2007 06:22:16 +0000 Gee wiz guys, it seems I go away for about a year and the first time I look at the website again you are bagging buyers agents, birddogs whatever you like to call us for offering time poor people a way to source investments without putting in the time and reinventing the wheel.Xenia, It is in my personal opinion, always those that are frustrated…[Read more]

]]> e90544f28293b5f7f6f21874f0bb7d94 DD replied to the topic Buyers Agents in Brisbane in the forum Help Needed! https://www.propertyinvesting.com/topic/4386828-buyers-agents-in-brisbane/#post-4554848 Mon, 22 Jan 2007 03:06:16 +0000 Hi Stuart, wow very indepth info there, thank you. It is always good to get a clear perspective from someone else in the same industry on how they do things.

What I do as a buyers Agent is slightly different. I believe a buyers agent should have a fixed fee for property sourcing. This is based on doing the best job possible for the client, the…[Read more]

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