YOU"RE BACK!Ring me! you have my number, if you have lost that and my email, I will laugh.How is married life treating you? Wonderful I bet! How was the US?Catch up sometime soon we'll have a chat!Hope all is well with you YI Nice to see another bull in the arena!D
Hehehe, Philip, I thought it amusing that at 20 he is already bearish about the market. I'll never be able to change ummesters mind. Roar bears Yeah the market is changing and very quickly.Mooooooo! LOLD
Thanks all for your pespective. It gives me great confidence.Hi Ho, Hi Ho. It's off to make money I go!Enjoy the next couple of years researching, I really do have better things to do than try and change your minds.D
This all reeks of fear. Here is a box of tissues.So, investors generally sell up if they need to. They look for profit. They buy to make profit, whether this is through cash flow or gain. Let us remember not everyone is die hard negative gearing on a 95% loan. There are plenty of cash flow properties in commercial property. I've been told it's all…[Read more]
Cool….Well, I'll be cashed up quite soon and ready to rampage my way through the forthcoming buyers market. This will sort the wheat from the investing chaff. In another 10 years we will hear the cattle call…." If only I bought then….how was I to know it was going to go back up….?" baa baa black sheep have you any investment properties?…[Read more]
Couple of points. Immigration has NOT been cut to 1/3 of the level. Yet. It is lower that previous years by a considerable amount but we haven't shut the gate as a nation yet. Who is to say that if re-elected JG won't reneg on her promises and open the gate again. Australia has been built on the back of immigration and any government who…[Read more]
Bad,bad,bad, HUH!So more about Hocking Stuart Balwyn and Kimberly Moyle.They sent a handyman over to fit a bit of weather strip on the back sliding door. Uhh ok. It rattles a bit but nothing major. The guy broke the door. No really. He took it off and put it back on, then the door ruined the skirting, it wouldn't lock and wouldn't shut. I was…[Read more]
Novispriomo, deep breath now! There are modifications with plenty of permits. We had to move windows in our units as the neighbour complained of overlooking. We also had to have frosted glass on the 1st floor windows. The architect had to go back and draw this in, fix bits and pieces. We had to make changes for the turning circle of the cars for…[Read more]
Have to say after seeing Carly at the Property Investing conference it was pretty clear how she makes her money and how she does quite a lot of developments. As she does JV's with her students this would probably allow her to generate large profits as well as having a lot of projects on the go. I am not saying it is good or bad. Just sayin….D
I didn't purchase anything just got it from the apps store free…. Got the range off a couple houses in my street. I'll take it out soon and try it while I'm hunting houses D
Banker,That is really awesome. One neighbors house sold for 1.1-1.2 mil last year. The other sold for 75-80k in 1986! This is great for property hunting, thanks for letting us know D
I will never, ever get those couple of minutes back. I personally liked the "so called investors part"! I wonder if he tars everyone who invests money with that brush? Also does anyone know if Mr Keen will be living off his super? Good for you Mr Keen and all of your followers, there does need to be an opposition to everything, Good v Evil for…[Read more]
Hehe.I would not class myself in any camp other than the "Can I make money from this?" camp. It's a good camp to be in I actually have had one of my properties double in 4 years, And at this stage am selling a property I have held for only a year which still looks as if I'll at least see my money back after all buy in and sell out costs.The…[Read more]
Here you go two cents again.Japan population 127 odd Million people. There is a gap of 100 million people between Australia and Japan."Japan's population density has helped promote extremely high land prices. Between 1955 and 1989, land prices in the six largest cities increased 15,456 percent. Urban land prices generally…[Read more]
Well I'll weigh back in then.WJ, I NEVER said "Don't sell"! I said the only reason to sell is when you can do something better with the money! So if you can do better, whether it is in shares or in managed funds or silver or developing or whatever then you should always be looking to do better! I have 2 properties on the market. I am freeing up…[Read more]
Hi all,This sort of "technique" and I use the term loosely is called bait advertising in the retail world. You hang the bait (cheap product) for the unsuspecting customer and when they come in "oh it's sold out" or "oh that product is not suitable for you" But here is something (of course more expensive) that you can and should buy, since you…[Read more]
So if on market value of the property you make less than 15 % (after building and selling finished product) then no dice. Most developers aim at 25% or over. 20% is marginal. If you are talking about just flogging it of with plans and permits and making a good profit then that is a different story. Having said that is 25% = diddly, squat then no…[Read more]