A couple things with your comment Ummester.Firstly the houses I am speaking of are houses for the $400-$500k range. You can get 4 and 5 bedroom houses for this in these areas. The 1.2 mil areas which may or may not fall that far (they are currently at around the 1mil mark now) are closer in to the city.You are discounting the area that people have…[Read more]
Hi usual gang nice to see no one has changed sides I don't know about interest rates coming down, but it would not surprise me if there were no further rates rises this year.People are leaving their money under their mattress' and being in retail ….it ain't roses. From a retail perspective, turnover is down, profit is down. Staff numbers have…[Read more]
Hi Marie,We staged our 3 units ourselves. I got everything from Target, Spotlight, Kmart and Ikea. I used some of the furniture from our own house so we did without a few things for a few weeks.We have gotten top dollar in the street for our units. Our last one sold in 3 weeks for pretty much the top of what we were asking. I now have a staging…[Read more]
One of the easiest ways to get started is in your own suburb.When you first start looking at property it's hard to pick an area where you can make money and it is often easier to pick a suburb then keep working your way out from that suburb until you get to one that works.For instance you can start in your suburb and look at renovated and…[Read more]
Hehe, nice to see a few interesting goals!An update with us, we have had protesters out the front of our new site, they have started a vigilante group against of 12 apt plan Our ppor plans are on hold temporarily and I'm heading out to the sticks to reno our dodgy buy and hold to finally sell it.Keep it coming!D
Hi Sash!!!!!!!Long time mate!!!Hehe I have to skip next conference I think anyone want my ticks?Great post, it is great to see you going for it, how long ago did you put your planning app in? I'm glad to hear that you have really gone for it, keep the passion Nice surprise for your gf, lucky!!Cheers, and let us know how you get on D
Nice Kong!!Bit envious of the exercise part, I'm getting a run in about once a fortnight and getter fatter every minute It's great to read all these posts, it makes me think, oh I should be doing that!Whats the bank thing? How do I get a $90k loan?! D
Go ALF1,Nicely said. Back to the topic. I actually spent today sitting down with one of our main complainants against our apartment development. Let's go team!I love this thread! I'm really excited to see how everyone is getting on. Anyone got any deals going in Vic? FWORD are you sticking to Vic this year?D
Wow Rachel, what a waste of time and money.Good learning experience tho. There is a thread on bad PM's if you look for it (property managers too busy, I think it is), feel free to add yours to the ever growing list.It's good that you have put everything in writing. Talk to your solicitor to see if there is anything else you can do. Good luck with…[Read more]
http://www.realestate.com.au/property-unit-vic-lilydale-107216289 Singles palacehttp://www.realestate.com.au/property-house-vic-woori+yallock-107054044 Bit further out, still commuting distance to CBD (bout an hr)http://www.realestate.com.au/property-house-vic-boronia-107132147 Short trot to Eastlink (Love Boronia!)Plenty out there just have to look.D
Righto.Firstly FAMILIES should not be living in the city. Yep. There, I said it. Why should your poor little kids suck up all that garbage while you push them around in between smackies and mad taxis. Why should your kids not know what a park looks like or have lungs that look like a smokers. Look at the trams and the buildings, see that black…[Read more]
This one is good."Buffett, widely seen as one of the most savvy investors in the US, was bullish on the future of the US economy. "Money will always flow toward opportunity, and there is an abundance of that in America," he wrote."Steve, you'll have good reason to smile.Remains to be seen by us as well as internationally if there is opportunity…[Read more]
Hi all,I went to an open today (outer suburb Melb)There were two main groups. Asian buyers (with what looked like buyers agent or intermediary) and retirees. The house was a larger style house on a big block. There were in excess of 20 groups inspecting. These two types made up the majority of people inspecting. 9 days on the market $530-$580 in…[Read more]
If the tenants are going tomorrow then fine wait, how long would you like to wait Rachel, to find you need to replace whatever they have smashed up? I think I'd like to know now.Buzz word for today – PROACTIVE.D
Hi Rachel,If the people in the property are not on the lease they are squatting! You can begin proceedings against them to vacate the premises based on that, or really many other things. The main thing is that retaimn control of the situation and your property and that you instruct the agent in no uncertain terms that you wish a full inspection…[Read more]
Hi fda and fword Yeah pain in the behind. I can buy sites till I'm blue in the face but when it involves us living there it is tricky. The other half is decidely excited about the house on the big block, I'm just excited about the big block lol. There is minimal profit in either deal at the moment (under $100k) so it is more of a base camp with a…[Read more]
Hi all,Those are great comments Steve. Something will have to give eventually, whether it is government policy will remain to be seen. I think the current crowd pleaser policies will remain until a party/government presents itself (for election) that will perform a real and considered change to the tax system. Many people would appreciate a real…[Read more]