Bugger! I wanted to sit next to jacm!

Maybe it was that time of the month for him.

I’d stick to bunnings. They are cheaper then most hardware stores. Plus they have an excellent returns policy.

Was going but got my dates mixed up so now I can’t!

Sounds pretty reasonable. But like Jamie has mentioned, depends on the type.

Don’t forget my car!

According to the badges this is your first question you have posted.

Terry, I can’t help you but can I be the first to congratulate you on achieving the first time poster badge. About time

landt64 wrote:
I've invested in Frankston south of Melbourne which is one of the not so nice areas you talk about. It all comes down to the tenant though. Our property has risen nicely in the last few years, and although the tenants may fall behind in the rent from time to time they don't wreck the place. You've got to find a good investment and…[Read more]

My 2 cents worth…. Read and read what people post on this forum. I’ve learnt all that I know from here. Best of all you can take it at your own pace. If I’m confused or not sure about something I just ask the question and within a few hours i have sound advice. PI.com is your mentor.

( steve you can forward the cheque to my address )

Hi Steven,

That’s some good advice from Derek, one step at a time. Slow and steady wins the race. I believe 58 properties is achievable. If you work hard enough, and never lose site of your goals you will get there. If it means you need to get a second job so be it.

Totally agree, I wouldn’t bother going further. With so many available the capital growth will be slow and minimal

Dubstep you must have an extraordinary photo album at home.

Dubstep aren’t you $70m richer? We poor people need to double dip to make a living!

Jamie M wrote:

Terryw wrote:
Very dangerous.

Make sure you get legal advice otherwise you would be just one of many unsecured creditors down the track.

If you're in Syd then I'd be approaching this guy (Terry). He knows a thing or two about IPs and the law.

Cheers

Jamie

If I was to ever get sued one day, I’d pray It’s anyone but Terry.…[Read more]

The problem i have is not so much with the quality of tenants, its the time finding one. I end up finding decent tenants but after 2 -3 months. 

The area i purchased the commision homes (used to be owned by the government) is in Laverton, Melbourne. SImiliar area to MT Druitt. It's a suburb slowly getting better, and the beauty about it is that…[Read more]

Catalyst i've purchased a few ex DOH but don't think i'll purchase any more as it is hard to find good clean tenants. Even though the property is fully renovated, the neighborhood is still a bit "dodgy" which scares away decent tenants.

Although like you said  they do wonders to boost your equity.

Qlds007 wrote:
Also the state of the general market.

When they are twiddling their thumbs they are probably quite happy to talk about anything to a vendor.

Cheers

Yours in Finance

So very true, have you tried getting an agent return your call when things are booming?

Dubstep what do you use for toilet paper?

Duckster my best mate, did I tell you that your looking good!?