Perhaps the vendor knows about the restumping, and the price they are asking reflects that. If the price is cheap, how much more do you want to reduce it?

kay henry

Pisces- who is this caring mother figure you’re referring to?

kay henry

Some plain English info about the Investors’ Club:

http://www.quinnscattini.com.au/index.php/news/6/

Mel,

Was the Investors club a part of the two-tiered marketing thing that was happening in Qld when you bought the overvalued place you just mentioned?

kay henry

awhite- thanks for reminding us :o) I posted the link to the article on this post. Check back on the pages of this link to find it )

Thing is- there’s lots of dodgy people involved with property. I think the aim is for us not to become dodgy too )

kay henry

Some of us invest outside of the big cities as we don’t have enough money to invest in the big cities.

I bought my first IP in a city, and realised I would propbably never have enough money to do so again. so now it’s regional for me ;O)

kay henry

Because his other girl is called kay already Matt-sheesh- keep up!

kay henry

After hours indeed, Pisces! Pray tell- what would we then do at work??

kay henry

If it’s a girl, call the other one kay too :o)

kay henry

Chan$ said:

“planning to have another baby (equivalent to 1 to 2 properties).”

hehe- I’ve never seen babies given a currency like that before!

You’re a funny fellow, Chan$

kay henry

Cel,

I guess the PM’s work for wages- just like the rest of us mostly, and that’s their reward. you could give them chocolates, xmas cards etc… but you can also give them intrinsic reward, by demonstrating respect to them. Some investors see tenants as scum, and see PM’s as their own little slave. I have always found that if you treat workers…[Read more]

A name is just a name, mel :o) What if bears were behaving badly lately? Would you feel bad because you are called melbear?

kay henry

Chan,

You don’t need to hurl the tenant out because you want to sell. Some buyers will want a tenant if they buy. If it’s a good tenant, he becomes an asset to the house. Think carefully about your strategies.

I can imagine the tenant getting all exicted because you’ve told him you’re going to get a new kitchen. Perhaps let him know you’re…[Read more]

Try this port star- an article on Mt Isa real estate:

http://www.theaustralian.news.com.au/common/story_page/0,5744,8300611%255E2702,00.html

kay henry

Yes, I’m female, and that’s my girl and I in that pic- it’s a little dark, but she comes up quite well- she’s lovely

kay henry

Props!

When ya gonna put mine up? I sent it to you via email *poke*

I know you’re there :+P

kay henry

Well, 300k for 3 *new* 2-bed villas is not that exxy- but so what? We could invest in poker machine shares to make money, or armaments etc- we all know ways to make money- just depends on how we want to live.

I got their info today- there’s 2 options- 25 year rental guarantee- plus CPI increases, through the company CHLS; or use ray white real…[Read more]

Fact or experience is a hard one… I wouldn’t wrap if you paid me- hehe.

I think they are unethical. I believe in paying a fair price for houses- buying them from vendor’s at fair value and selling them at fair value.

Fair value plus market mortgage rates- simple vendor finance.

One hting I find about the wrapping sites- they often are so…[Read more]

Mel,

I reckon it’s always a good idea when you’re making an offer for a place to ask the RE agent if they are into gazumping. I asked a RE dude that as one of the first things when I was negotiating with him on a place. If a vendor’s price is negotiable- even above the asking price, then they should let the bidders know it isn’t over.

kay henry

Chan, I think you’re confusing a “property manager” at a RE with a RE agent selling your place for you. They have nothing to do with one another really. For example, you could have a PM from one agency, and ask another agency to sell for you.

If you are selling privately, be careful about using the PM as a defacto seller… they will get jack if…[Read more]