I think the old site was a little limited to what could be done with it. This site has far more scope to have a lot more content and heaps more interactivity. I would have liked an email to go out too, just a 'hey gang, site'll be off for awhile' but I think most users got the idea that major maintenance was going on. Like about a billion people…[Read more]
The ones I have read recently and would recommend –
Atlas Shrugged – Ayn Rand (probably the most important book I have ever read along with Steves)
Think and Grow Rich – Napoleon Hill
How to Make Money out of thin air – Brian Sher
about to read
How To Succeed and Grow Rich With your million dollar mind – Brian Adams
Lotta good info here, you can read through old posts, have a look at some of the articles here on different types of investment. Grab some copies of API magazine and YIP magazine. Have a look at some books, there are a couple of great ones by Steve McKnight. Margaret Lomas also has one with 20 things you should look for in…[Read more]
The other one to add to the wish list, up the top where it has eg 53 posts/3 new, can the 3 new bit be clicked on, so that you can just read those posts. This might be handy with the new conversations within conversations way of reading.
Yeah, We're a retail family, and it's a tough crowd! Wouldn't surprise me if they did a rate drop in Nov. I don't think rates are having as much influence on the average punter as government actions, petrol, gas bills (I got a grey hair looking at our last one) etc.
I think government stability will drive consumer spending more than the interest…[Read more]
It's interesting to see how many people had to do it the old fashioned way of saving a deposit. (yes so did I, and we had to jump through every hoop being self employed!)
It depends on how interested you are in getting there. If you are really motivated think about things that you have the you can sell. Can you catch a train to work and sell your…[Read more]
It'd be interesting to see the stats on newly built houses/townhouses.There's generally a time during handover where you go through and sort out with the builder every niggly little thing that needs repairs. The builder then organises to have these things fixed. I guess that's also where the builders warranty comes in too. I'd think if there were…[Read more]
Hi gpfstuff and all,Our last reno we did ourselves. I rang the rental agent and asked for the phone numbers for the handyman, electrician and plumber they use. Then I got all them out to show them the work I needed doing. I did all the painting myself and hubby installed the kitchen (Bunnings flat pack) The tradies then got the keys off the agent…[Read more]
Hi foley555,Welcome to the forum, there is stacks of great info to soak up here!As far as planning, maybe have a think about doing some goal setting. Think about what you want to achieve and write it down. How many properties will it take to achieve your goals? How much time? This will start to give you some ideas on where to start. Think about…[Read more]
This is a good thread!There are half a dozen properties for sale in my suburb, looking good for being a seller. Next is this issue with going on RPDATA, residex etc. Is reporting mandatory? Is reporting accurate?Until real estate agents are forced to disclose sale info (whole host of new issues here around privacy etc) the true picture wont be…[Read more]
I guess this post is a good one, coz it gives people a chance to think about what strategy suits them. And as said above it really comes down to what you personally want from investing, not all shoes fit all feet, and its great to hear why people would or wouldn't buy a certain thing. Both sides of the coin are worth knowing about. BTW Xdrew, I…[Read more]
This is exactly the interesting part. It's interesting what xdrew is saying about not being able to see or touch. So we know a portion of people will NEVER buy off the plan. I don't see buying off the plan as speculation. I'll put it from my point of view. I know as a developer how long it has taken to get approved (long time) I know how much…[Read more]
Hi all,I'm amused by the negativity concerning apartments as investment. I'm soon to begin construction on a small block of 10 in the outer East of Melb (no not advertising here). It seems that in some circles apartments are in vogue for investors. High depreciation (low land content, high building content) and in the right areas tenants are…[Read more]