jenni_nextplace.com.au replied to the topic Request to lower rent. in the forum General Property 10 years, 9 months ago
Mining areas do fluctuate a lot. Generally the properties rental market value is much much higher than in the rest of Australia.
Look at the future volatility of the area and the mining company. If mining production is slowing and the tenants are great tenants and you are still receiving a great return and can secure them on a long lease could…[Read more]
jenni_nextplace.com.au replied to the topic Is rent to buy a scam? in the forum Creative Investing 10 years, 10 months ago
Its not a scam but it can be very risky, check out the governments money smart website. My understanding the risks are
1/ You pay well above market rent which goes towards a deposit for the home.
2/ If you default you can loose your deposit
3/ If at the end of the rental term you can't get a loan to buy the house, again you can loose your…[Read more]jenni_nextplace.com.au replied to the topic Gold Coast in the forum Help Needed! 10 years, 10 months ago
The Gold Coast has a lot going for it, and there are always tenants looking for properties to rent. Any area has its positives and negatives, even if there is an oversupply of units for sale, if you pick the right unit to invest in you will never be without a tenant.
jenni_nextplace.com.au replied to the topic Roofing problem in the forum Help Needed! 10 years, 10 months ago
I agree with Freckle, get some pics of what is going on and ask for a 2 other quotes, get one from a licensed builder. Were the quotes in writing?
jenni_nextplace.com.au replied to the topic Waterford Loganlea Areas Brisbane in the forum Help Needed! 10 years, 10 months ago
Jamie is right logan area does have a bad stigma, an this is what will keep the prices down, there are also as I understand it traffic issues. Personally I think there will probably be better options out there for you.
jenni_nextplace.com.au replied to the topic Ways to confirm that your offers have been passed to the vendor? in the forum Help Needed! 10 years, 10 months ago
Always provide an offer on a contract. Ask the agent to get them to counter offer. This is done by crossing out the offer on the contract you made and they will write in a new figure. Confirms they have seen the offer.
An agent is legally bound though to give the seller any offers unless instructed not to do so.
jenni_nextplace.com.au replied to the topic Property next to golf course and landfill in the forum Landfills are being moved all 10 years, 10 months ago
Landfills are being moved all the time. When I had to take some rubbish to the tip in Port Macquarie house were literally just outside the front gate of the tip and they were large nice and relatively new houses. Why would they build there? I recon they are banking on the tip being moved further out of town.
So maybe look into town planning and…[Read more]
jenni_nextplace.com.au replied to the topic Property prices still rising??? in the forum General Property 10 years, 10 months ago
I see prices dropping still, but the number of sales has picked up.
jenni_nextplace.com.au replied to the topic Paying agents for services by the hour? in the forum General Property 10 years, 10 months ago
Na, not sure why would when the agent works for free unless they sell your property, why pay for them when you don't have to.
jenni_nextplace.com.au replied to the topic too many property coach which to choose in the forum General Property 10 years, 10 months ago
Only way to know is to interview them and to interview one of their clients. To me your putting lots of trust in someone you don't know, If you feel you need one then thats probably ok but I would learn my stuff first then use them as support and backup, and not the primary direction
jenni_nextplace.com.au replied to the topic High Capital Growth Prospects and High Rental Yield in the forum General Property 10 years, 10 months ago
Hi
Found this property for sale, price $265k rents for $400. Not bad, but I wonder if thats the rent for both the house and the granny flat
jenni_nextplace.com.au replied to the topic Brisbane market in the forum General Property 10 years, 10 months ago
Not sure but there are some great buys around at the moment.
jenni_nextplace.com.au replied to the topic High Capital Growth Prospects and High Rental Yield in the forum General Property 10 years, 10 months ago
There is quite a bit of difference in your budget there PDimi, you could possibly look to maybe buy 2. Trust your own research, and were you thinking of any particular area of interest to you? Do you want a property close to home or in a different state? Did you want a house or unit? Did you want the high risk of the mining towns or did you want…[Read more]
jenni_nextplace.com.au replied to the topic Paying for quotes in the forum Yeah its a bit rude. The 10 years, 10 months ago
Yeah its a bit rude. The agent should have enough tradies on their books for them all to give free quotes. The tradie is a bit silly also, he should be thinking if I stay on the good side of the agent then I could get more work..