Total Members: 158,423

Fast Lane

  • Fast Lane replied to the topic plan for next year? in the forum General Property 18 years, 6 months ago

    I found it, I found it! [laughing]

    I’m pretty sure this may be the post you’re after;

    https://www.propertyinvesting.com/forum/topic/14327.html?SearchTerms=2005

    Happy reminiscing…G7

  • Fast Lane replied to the topic 12.5% Return on Commercial in the forum General Property 18 years, 6 months ago

    Depending on where and what you’re looking at, I believe it’s easy to find cashflow positive deals that won’t break the bank. I’ve just been looking at 2 properties. One is a shop rented to a nationally branded chemist for $30 000pa, for sale at $350k neg. The postcode of it’s location has a population of 80 000.

    Alos in the CBD of the same town…[Read more]

  • Fast Lane replied to the topic Voicemail Service? in the forum Help Needed! 18 years, 6 months ago

    Hey Batts,

    These guys do exactly what you’re after.

    Home

  • Fast Lane replied to the topic plan for next year? in the forum General Property 18 years, 6 months ago

    Hey Dr.X

    I’m looking at buying a house in Melbournes western suburbs and doing it up, then moving onto the next one in the same area…

    I really believe this area has huge scope for the future. 15km’s from the city you can get a house on 600sqm for $200k, in the other direction it’d cost triple that. The area’s a bit rough at the moment, but so…[Read more]

  • Fast Lane replied to the topic Property on a Busy Road in the forum General Property 18 years, 6 months ago

    I’ve lived on a main road, across from a train station too, so it wouldn’t bother me to rent your place. I could live in the middle of a roundabout, but of course I’m an exception, so be ware that most people wouldn’t touch it but there are others, like me, who wouldn’t have a problem.

    Besides there’s nothing like a high front fence, thick bushes…[Read more]

  • Fast Lane replied to the topic Hidden Costs in the forum Value Adding 18 years, 6 months ago

    Also back in the 80’s my mum worked with a lady who owned with her husband about 40 acres in Agnes Waters. I dont know what that land would be worth today, if anything- it might be zoned rural, but I hear the story every few months and cant help but wonder, if it’s residential land, what it’d be worth considering the average price in Agnes Water…[Read more]

  • Fast Lane replied to the topic Hidden Costs in the forum Value Adding 18 years, 6 months ago

    Hi Lesleigh,

    Be careful, connecting things like power and telephone, let alone chipping in for the construction of road(s) can be no small outlay. Especially since these types of services are mainly carried out by overweight, bearucratic organisations. There are people who’ve done what you want to do so you should get a more detailed answer…[Read more]

  • Fast Lane replied to the topic Investing in Caravan Park in the forum Creative Investing 18 years, 6 months ago

    Hey Sasharif,

    Try using the words caravan, investing etc. in a search at http://www.google.com.au and you’ll find out some info.

    I’m assuming you’re thinking about single caravans/cabins etc. I’ve seen caravans for $20k rented for $120pw but the site rental and management fees, amongst others, easily eat into any positive cashflow. That’s not to say…[Read more]

  • Fast Lane replied to the topic Curveball has hit – advise needed in the forum Help Needed! 18 years, 6 months ago

    Hey Misty,

    Is there a way you can find out for sure if you’re getting retrenched? If you are you could start looking for a new job straight away. Even though your skills are outdated remember that there’s a skills shortage at the moment, so dont yet despair. You could also do some training/ education to update yourself in preparation of the…[Read more]

  • Fast Lane replied to the topic IREIG in the forum Opinionated! 18 years, 6 months ago

    Hey Alaine,

    Welcome to the forum. There was a thread about this just a few months ago. This is it here.

  • Fast Lane replied to the topic Investing in America in the forum Help Needed! 18 years, 6 months ago

    I put up a chart a few days ago relating average house prices to average incomes in American cities with a population over 1 million. This may give you a heads up on which areas might have some room for growth in the future. I think the stats are a little bit old, 6-12 months, but should still act as a fairly good guide.

    Anyway here’s the…[Read more]

  • Fast Lane replied to the topic What Does Your Icon Mean? in the forum Opinionated! 18 years, 6 months ago

    Mine is of course the superhero Radioactive Man from the Simpsons, which has an uncanny similarity to the life I’ve been leading, namely;

    1. I am radioactive
    2. I have super-human strength
    3. I wear a red jumpsuit that covers from head to toe.

    Upon joining this site early last year, my main concern was not to grow and develop my understanding of…[Read more]

  • Fast Lane replied to the topic Ever Lost Your Cool in the forum Forum Frolic 18 years, 6 months ago

    Originally posted by Dannyboy:
    Regarding the Telemarketers from India.

    You have to remember that they get paid less than 2 dollars an hour and can hardly afford to put food in there families stomachs and have a roof over there heads.

    So next time you decide to be rude to these people because they called you during dinner, just remember that they…[Read more]

  • Fast Lane replied to the topic Documents needed in the forum Help Needed! 18 years, 6 months ago

    Congratulations on your first purchase and welcome to the forum. Try the RE Institue of Tasmania for the forms that you’re after.

    Good Luck…G7

  • Fast Lane replied to the topic GOLD COAST in the forum Help Needed! 18 years, 6 months ago

    There’s been a few posts about GC apartments recently and the general consesus seems that yes they are over priced. Remember if you bought now you’d be buying, more than likely, at the peak of the market. That wouldn’t leave much room for any more growth but plenty of scope for the downside.

    In my opinion, if you really want to invest on the GC…[Read more]

  • Fast Lane replied to the topic Investors flee property in the forum Opinionated! 18 years, 6 months ago

    This was just another sensationalist heading to capture attention. The figures they quote in the article give a negligible difference in the amount and volume for investment loans recently.

    If the market is to falter significantly, the figures would be a lot worse, it seems to be just a variation in monthly data. It’s just a matter of when ‘bad…[Read more]

  • Fast Lane replied to the topic Ever Lost Your Cool in the forum Forum Frolic 18 years, 7 months ago

    I’ve had a governement department keep ringing chasing me for surveys into demographics etc. When I said I’m busy, cant do it now etc. they’re like when do you get home tomorrow, we’ll ring you then etc. [grrr]

    I finally just hung up on them mid-sentence and they never called again. With surveys like this, if you decide to partake, I’ve heard…[Read more]

  • Fast Lane replied to the topic Owning your own home…waste of money! in the forum Opinionated! 18 years, 7 months ago

    Yes I can see why many would be nervous about putting all that extra money into super that they cant touch and is left exposed to the Governments pilfering. Imagine a stock market crash of 1929 magnitude the year you’re planning to start drawing your super…

  • Fast Lane replied to the topic 1 bedroom investement-Melb in the forum Help Needed! 18 years, 7 months ago

    I think I know the type of property you’re talking about. These can be difficult to finance and also with industry specific property you must do a thorough due diligence process.

    Good Luck…G7

  • Fast Lane replied to the topic I’m New in the forum Value Adding 18 years, 7 months ago

    You could let the agents in the area you’re looking at know that you’re after ‘development sites’ etc. There is no reason why you cant be cut in on the good deals too before they go out to the general market(if this is what’s happening). If you come across as serious and sincere of what you’re trying to do then you shouldn’t have too much trouble…[Read more]

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Fast Lane

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