Wow, guess I took acting and promotional the wrong way!Gee sorry about that.D

Ummester are you an actor? Lovely if so.You would be having a great day on the share market today then? I know I am!It is all about diversification. Money into property for long term, money into shares for short term, gold to hedge against a meltdown.D

Hi Jack620,I would try to have as much usable, flat yard as possible when appealing to families. I have an 18 mth old and a 3 1/2 year old and would not go near anything that had lots of stairs, or an unusable outside space.It the deck relatively level with the turfed area? If so the space will be usable, if there are huge steps going down you may…[Read more]

Hi,I'd probably ask what your strategy is. If you are looking for long term then holding is probably ok. If you can do something better with the money then selling is not so bad. Think about your strategy and if this property fits with where you want to be in the future.Good LuckD

Well TAC don't.My dad had a pretty bad crash in Feb. He was run into by some bimbo using a mobile phone in an 80 km zone on windy roads. His hand punched through the windscreen. He severed tendons and had his hand repaired, physio etc. There is no 800k for him. D

Yeah!Watched it (like every single property show )All of the exterior is done, looks like they have made sure all structural work is done. Seems a lot less hands on than the other series. More design a room and paint it type thing.Be interesting to see end results and prices!D

The solar heater one was bad. Pretty crap that hand guy got the same money as the widow. Good points to think about.D

Run! The managing agent had to pay the bulk of it. It is a large amount to be paid out. It seems that they did works on the property but did not replace that. Maybe the judge took that into account.JacM good one!It's true that this will end up passed on.My son drove his toy car through a window at our previous property (he was not hurt) and I had…[Read more]

Hi Scott,Have a crack at this one and see how you go.http://www.activepropertynetwork.com.au/melbourne.htmlI've only managed to go once but it was pretty good.D

Yeah, Perth, the great thing is everything is 20 mins away! There is always moving interstate!D

How do you keep this one and get more properties? the simple answer is you don't. How many of these can you pay for?I am not being rude, I just don't think it is a sustainable way to go. That is a huge gap. This essentially means you are losing 18-20 odd k every year.Seriously think about selling. Adjust your strategy to make money, either buy…[Read more]

How long can you hold it for before you have to sell it as a fire sale? How many other properties will potentially be on the market in the future the same as yours? Have you spoken to your accountant and gotten some other advice as well?Maybe get 3 agents to value it as well you may find that the value you think it is worth is incorrect. You could…[Read more]

Hi all,Great strategies guys!I would ask the following questions…really ask them,Do you have to live in the city? Why? No really why? Especially if you are planning on a family.Can you live further out? There are great houses (when I say great I mean size) commutable distance (anything around the 40-60 mins rail) for around the $400k mark both…[Read more]

I vote too…Daniel for MOD! After that unpleasantness (which you will remember ) didn't make it to my inbox, you can be a MOD any day! Hopefully they will bring you back.Cheers all.D

Thanks for the very interesting reading everyone, on this and the other threads that are on a similar topic. Time to follow the money. If the money is going out of shares or property and into metals etc, follow the money (to some extent, not blindly) to hedge your bets. I think the people in the cities will have the hardest time adjusting if we…[Read more]

Hi House Call,Thanks for the info! I was looking before our strategy moved away from +cash flow and into developing. We have stuck to Victoria for this reason, it is a lot easier to control a development in the same state as you . I am revisiting a few areas in NSW for the future, hunter valley and surrounds due to tourism, close to airport, and…[Read more]

Thanks Phatcat!I am a bit too tall to be a jockey. 25% is a minimum. If there is more in the deal and YOU are an equal partner in work, time commitment etc then YOU should be looking for 50% of the profit as you are doing equal work. If you are doing no work then 23% is a great return. I honestly couldn't care less about Massland or any other…[Read more]

Hi all,Firstly the Eastern suburbs are not overcrowded, come drive on over! Infill needs to happen in some areas, local councils are against this in the majority by imposing restrictions via overlays and rezoning to reduce develop-able land. There is a major outcry in many inner suburban areas where local council and citizens have adopted a "not…[Read more]

Thanks for the interesting reading gang.It would be very interesting to see what Sasha has to say being the ordinary person in the street who signed up for the course. Whether it is worth it even with the questionable presenter and feedback.D

Hey simple,Sorry not trying to get on your back, had a bad hair day.Nah, last post W4L was awhile ago, maybe she's working overtime… A few people have dropped off, maybe taking the advantage? D