Have to say Freckles comments are half and half to me, half the time I agree, the other half I think… "why/what?" It's good to have people challenge your thinking, even if afterwards you still think, nup I'm right.

I can see why some people would get annoyed, Freckle, you don't mince words.

Freckle, I think you've been called out… what do…[Read more]

Hi Brodie,

Firstly I'd say, if you are going to invest in property, don't do it when you are on holiday. The rose coloured glasses are on, the time frame is too short to really come to grips with the area, the systems etc. You'll want to be on holiday!

Also a price drop, doesn't always mean there are 'bargains'.

I almost hate to say this, but I…[Read more]

Pro Investor,

I think JacM nailed it with what you should do. You really need to take action at this point as it's your property and your money.

In the mean time, I'd put in nice cheap roller blinds, they dont need washing and will last 20 years!

Cheers

D

Jamie, I want to like your post x10!

Cheers

D

I'm in Troy!!!! JacM (Millions) I'm looking forward to ur presentation! 

Should be a huge turnout!

And Troy and JacM, just for you I'll talk about my neighbors

Cheers

D

Will u be speaking Alistair? 

Cheers

D

Done!

Looking forward to seeing what you put out

Cheers

D

Sounds Great Terry, looking forward to it!

Cheers

D

Haha,

How amusing! My other half really wants to move to Northern Beaches…. I think Melbourne winter has worn him down! Probably not as bad as Canberra! It snows there right!?!

Interesting what you say Scott, new development is generally a good sign that the area is on the rise..

Cheers

D

Great sites here everyone.

Another one http://www.hotspotting.com.au run by Terry Ryder.

and http://www.hudsonbond.com.au – they are real estate agents, but they put out weekly article about the Melbourne market and strategies, worth having a look at.

Cheers

D

See I like to give pressies to my property managers and agents………

Target last year had some good small sized hampers.

I've bought those flower arrangements that come in boxes before too.

Geez JacM, you've made me think now!

Cheers

D

I'm actually quite interested in this area too.

Went to Manly for a holiday (no never invest on holidays) but there did seem to be quite a bit of new activity (signs for planning permits, construction etc).

I think this is an interesting area to keep an eye on for long term growth or maybe a house/unit reno.

QM, when you say "rough edge", can…[Read more]

Hi ccpat,

I'd say it depends on the market. Can you get away with just painting it? Will the market pay more than $13000 for cladding over painted fibro.

I painted a fibro and honestly it wasn't too bad. I think the trick is picking a nice colour. I got my dad to pressure wash the entire outside, then I painted the fibro.

I'd put a picture up -…[Read more]

But who will take the coveted No 1 Spot? Will JacM fend off the advances of Dubstep, or will TerryW run from behind to take the title. Who takes it? Who reigns PI.com………

PS.. David – Umm about your emoticons…… how do I get them back!?!

JacM Millions – they're on ya tail!!

D

Hi All.

Thanks for starting this post Plummer and sharing Derek.

This really boils down to the fact that in most councils have regulations covering rooming houses, (this is really the basis on which this property was being let) there are fire regulations etc for a REASON.

There still seems to be so many backyard operators trying to get away…[Read more]

The oversupply that Jamie mentions tends to happen, then you have flattening of the market until the stock gets taken up.

It's going to really depend on the area and on what sort of flats are being built. A boutique block of say 10 will be different to a 4 storey with 20-30 and a 10 storey with 100 will be different again.

If you do think they…[Read more]

Hi all,

Typing on an iPad, excuse any oddities!

With the active topics I've noticed that they are not segregated like they once were  in topic order. They seem to be in a list of what was talked about last, while this is good for any new items, if you are interested in a particular subject say "help needed"  you have to look through pages of…[Read more]

Sorry forgot to ask – What exactly are you buying? 2 or 1 bed.

http://www.realestate.com.au/property-apartment-vic-bacchus+marsh-111483355

Something like this already exists and after a 1 minute check will prob rent for $190-200 pw.

There is a LOT of stock both for sale and for rent. There are brand new 3 and 4 bed homes for rent for $280……[Read more]

Wish I had been here for a decade – I might have learned wayyyy more than I have!!

Considering I read Steve's book in 2003, then didn't look at the website until about 6 years later – sigh.

And I think Richard, you would have helped probably everyone who is here

D

Lol, keep adhering to your investing JacM!

D