PropertyInvesting.com | james_2 | Activity https://www.propertyinvesting.com/members/james_2/activity/ Activity feed for james_2. Sun, 12 Apr 2026 16:50:54 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 57e75ddf243d808801027cd0309fe1cd james_2 replied to the topic temptation in the forum General Property https://www.propertyinvesting.com/topic/4371372-temptation/#post-4455236 Fri, 20 Feb 2004 09:10:21 +0000 Originally posted by everdine:

we were only intending on buying +ve cashflow props, but have come across a unit in an area where there is huge rental demand and excellent employment and tourism related industry. Expected to sell for $160 & that’s also what the rent will be approx/week.
Any wisdom in buying it – condn is great – and selling it…[Read more]

]]> e5a364f54751d90e29e172c95028b17c james_2 replied to the topic cheap info ? in the forum General Property https://www.propertyinvesting.com/topic/4371293-cheap-info/page/2/#post-4454727 Thu, 19 Feb 2004 06:52:03 +0000 Originally posted by melbear:
Sorry James, I’m not interested in justifying myself to you, or explaining what I do or don’t do.

You have your opinion, and you’re welcome to do it. Having never ‘been there, done that’ I refuse to accept your opinion, but I am not going to try to convince you otherwise.

Cheers
Mel
I wonder if you’re doing your…[Read more]

]]> e03289c8ce40ce6a5b0966c94b8f8dfd james_2 replied to the topic cheap info ? in the forum General Property https://www.propertyinvesting.com/topic/4371293-cheap-info/page/2/#post-4454725 Thu, 19 Feb 2004 01:28:11 +0000 Originally posted by MiniMogul:
James, explain what you mean by rah-rah merchant.
Then maybe I can get my head around what you are against exactly. I went to Steve’s seminar (twice – like I said, I wanted to take my Dad-) and I wouldn’t call him a rah-rah merchant. But I want to see what your definition is.
I’m not calling Steve a rah-rah merchant…[Read more]

]]> c876ee83efca6312de5d4ef6d62c7154 james_2 replied to the topic cheap info ? in the forum General Property https://www.propertyinvesting.com/topic/4371293-cheap-info/#post-4454723 Wed, 18 Feb 2004 15:25:40 +0000 Originally posted by melbear:

So, yeah, of course it’s inside my head, and that’s been my greatest breakthrough from attending Tony’s events. WHAT I think.[/b]I haven’t said there’s anything wrong with getting you head to think correctly, I’m just saying that spending thousands of dollars flying around to his seminars isn’t cost effective. After…[Read more]

]]> 30828223f820b7891473016192671f4a james_2 replied to the topic Quantity Surveyor question in the forum General Property https://www.propertyinvesting.com/topic/4371278-quantity-surveyor-question/#post-4454622 Tue, 17 Feb 2004 16:18:39 +0000 Originally posted by KewlDude:
it makes claiming depreciation easier.
I’ve been led to believe that ATO requires you to have a report from a proper QS if you are to claim depreciation on anything other than the building (ie fixtures and fittings). You should check this out.

btw I also use Deppro (about $440) and have been happy with them.

]]> f002e003edcc571ff040910c7332502b james_2 replied to the topic cheap info ? in the forum General Property https://www.propertyinvesting.com/topic/4371293-cheap-info/#post-4454717 Tue, 17 Feb 2004 16:09:15 +0000 Originally posted by melbear:

Some people are not good at reading books. Some people need to learn by listening, and talking. It took me 8 years part time to do my Uni degree. Give me 5 18 hour days to learn the same stuff anytime!!
What degree did you do? I don’t even think you can do an arts degree in 90 hours.

How do you know these people…[Read more]

]]> 31f7344f720619312bbf1f568cc0af3a james_2 replied to the topic cheap info ? in the forum General Property https://www.propertyinvesting.com/topic/4371293-cheap-info/#post-4454714 Tue, 17 Feb 2004 06:38:12 +0000 If Steve charges $1200 and people are willing to pay, then I have no problem with him doing it.

In saying that, I must say I think people have rocks in the head if they think this is a good investment no matter how limited their experience. Money is better spent on real estate investment books, including many products on this site (of which I am…[Read more]

]]> 02709f608d64d84accd4894fb00cc816 james_2 replied to the topic Terrace house in Paddington in the forum No Subject https://www.propertyinvesting.com/topic/4371205-terrace-house-in-paddington/#post-4454159 Mon, 16 Feb 2004 04:44:41 +0000 Originally posted by Pisces:
>>Surrounded by docks and heavy industry. Not known for terraced housing. Close to crap suburbs like matraville, Chifley, and HMP Long Bay. No cafe strips close buy. Airport noise. Working class.<<

James,you would have said similar things about Paddington and Balmain not so many years ago.

>>you do need to know there…[Read more]

]]> 59e5bde62deff035d9913883acf32598 james_2 replied to the topic Who has purchased in the past 2 weeks in the forum No Subject https://www.propertyinvesting.com/topic/4371266-who-has-purchased-in-the-past-2-weeks/#post-4454500 Mon, 16 Feb 2004 04:32:27 +0000 Originally posted by daaj10242:
Yack,
Purchase price $130,000, residential,large town 30,000 i think,rent $310 per week ,or $155 each side (Duplex).I believe i have worked out rental yield by previous posts on the Topic (deposit and costs paid by me)
Dom [;)]

Was that in Geraldton?

]]> c8e6cc714e8454ed15e2d5375c255b6a james_2 replied to the topic Terrace house in Paddington in the forum General Property https://www.propertyinvesting.com/topic/4371205-terrace-house-in-paddington/#post-4454155 Sun, 15 Feb 2004 14:56:25 +0000 Originally posted by Pisces:
There is a suburb called Bank’s Meadow which is also very close to Sydney which I wouldn’t be surprised about if that is going to be the next Paddington.

In a word – NO!

Paddington – 2 mins from CBD. Terraced housing. Trendy cafe strips. Leafy. Surrounded by expensive desirable suburbs. Blue chip.

Banksmeadow – d)…[Read more]

]]> 6a69f66718ff3bb22dcae477b23d7fff james_2 replied to the topic Young can't afford homes because of high rents. in the forum No Subject https://www.propertyinvesting.com/topic/4371166-young-cant-afford-homes-because-of-high-rents/#post-4453902 Wed, 11 Feb 2004 15:43:09 +0000 just lost everything I wrote because I forgot to enter my user details.

To summarise: markpatrick, you have no idea

]]> ba58f5740145e30952bf717690980247 james_2 replied to the topic Young can't afford homes because of high rents. in the forum No Subject https://www.propertyinvesting.com/topic/4371166-young-cant-afford-homes-because-of-high-rents/#post-4453900 Wed, 11 Feb 2004 15:40:31 +0000 Originally posted by markpatric:
I think this would be the case quite often.
This is a worry for everyone rich and poor.
I think society will pay if the gap gets too wide between the rich and poor.
Charging too much or ripping off tenants only makes matters worse .

All you can do is be fairminded with tenants which means not buying so many houses…[Read more]

]]> fd5a5d2e12159871160154830f5ea248 james_2 replied to the topic The right price to buy in the forum General Property https://www.propertyinvesting.com/topic/4370842-the-right-price-to-buy/#post-4451458 Thu, 29 Jan 2004 14:03:18 +0000 Note:

Residex reports don’t take into account improvements or renovations.

]]> 9625a23ee10595ad00a4446fd761b872 james_2 replied to the topic A good Sydney innercity agent needed in the forum General Property https://www.propertyinvesting.com/topic/4370787-a-good-sydney-innercity-agent-needed/#post-4450955 Tue, 27 Jan 2004 10:24:16 +0000 Originally posted by Shushar:
I think you’ve given us some good advice and food for thought, however I don’t agree with your “don’t auction” statement.
Why you shouldn’t auction:

1. Agents often over quote the vendor and under quote the buyers. What often happens is a heap of people come to the auction who can’t afford it.

2. If this happens and…[Read more]

]]> 96a5b450366a6ddb892d582dc450ba2c james_2 replied to the topic Due diligence template in the forum General Property https://www.propertyinvesting.com/topic/4370792-due-diligence-template/#post-4450970 Tue, 27 Jan 2004 06:04:19 +0000 Cool, that’s the one I was looking for. Will have to wait until it’s available.

]]> 06e49a5773a95c54bd3986c307f33346 james_2 replied to the topic A good Sydney innercity agent needed in the forum No Subject https://www.propertyinvesting.com/topic/4370787-a-good-sydney-innercity-agent-needed/#post-4450952 Tue, 27 Jan 2004 04:20:25 +0000 Tip 1:

Don’t pay for marketing. They are not marketing your property, but marketing themselves. This is a running joke between a lot of real estate agencies – how much of other people’s money they can use to market themselves.

The fact is that if someone wants to buy a townhouse in Surry Hills, they will a) Go to every real estate agent in the…[Read more]

]]> 120150fd000f1cec63d4784e7c7c7991 james_2 replied to the topic More NZ questions in the forum General Property https://www.propertyinvesting.com/topic/4370767-more-nz-questions/#post-4450744 Mon, 26 Jan 2004 12:03:36 +0000 Originally posted by MiniMogul:
[br
which bit? You still didn’t answer.

First this:

it doesn’t make sense

Then this:

Yes. A lot.

Then this:

Cooling off period, huh? – I don’t get what you mean. If you are not sure whether you want to enter into a legal contract for purchase of a property, don’t sign the contract….

]]> 2977f03186915b5a387e83e0188c074e james_2 replied to the topic More NZ questions in the forum General Property https://www.propertyinvesting.com/topic/4370767-more-nz-questions/#post-4450741 Mon, 26 Jan 2004 11:11:50 +0000 Take it as you will, but you were being patronising.

Makes no difference if I’m a newbie to property investment or not, you will rub people up the wrong way if you talk down to them. I’m also not wasting people’s time. I’m asking questions about stuff that I don’t yet know (I believe that’s the primary point of the forum). Over time there will be…[Read more]

]]> 981b70640c523e99df565bb06d3338ef james_2 replied to the topic More NZ questions in the forum General Property https://www.propertyinvesting.com/topic/4370767-more-nz-questions/#post-4450739 Mon, 26 Jan 2004 10:32:01 +0000 When I asked if there was anything else I should know I was referring to if there was anything that about buying in NZ that is a stand-out difference to Australia and is there anything that may catch me by surprise. For what it’s worth I could have worded it better, but is there anything that springs to anyone’s mind?

]]> 7f54d77b95f4d98f78438fbf3f944659 james_2 replied to the topic More NZ questions in the forum General Property https://www.propertyinvesting.com/topic/4370767-more-nz-questions/#post-4450737 Mon, 26 Jan 2004 09:48:58 +0000 Originally posted by MiniMogul:

Yes. A lot.You might want to keep your ego in check. I’m a reasonably experienced property investor and have over $1m in equity. I do though understand the importance of learning from others’ experiences rather than reinventing the wheel. I’m picking up a patronising vibe from you and I’d prefer if you lost it.

I…[Read more]

]]> 06487dabcaf0aef0e0406a993c15939d james_2 replied to the topic NZ revisited in the forum General Property https://www.propertyinvesting.com/topic/4370732-nz-revisited/#post-4450481 Sun, 25 Jan 2004 02:46:28 +0000 OK cool. Got heaps to go on at the moment. It’ll take me a bit of time to read it all and do the research.

Thanks everyone.

]]> 6837e9895fa4241329790919f886a5be james_2 replied to the topic NZ revisited in the forum General Property https://www.propertyinvesting.com/topic/4370732-nz-revisited/#post-4450477 Sat, 24 Jan 2004 14:05:42 +0000 Thanks for your reply, but I’m still in the dark.

1. I don’t have a trust set up in Australia or NZ. This is why I was enquiring about them. Forget my situation – can anyone tell me the advantages of setting up a trust rather than investing as an individual?

2. Is there anyone who has invested in NZ with a loan from Australia? If so could you…[Read more]

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