Boc said: “be carefull if you buy one on e-bay. i saw one going cheap, but it didnt come with a video or the audio tapes that accompany it.”

You mean I have to watch videos and audio tapes to play a game?? [xx(]

Whatever happened to just sitting around off your face and getting entirely engrossed in the game? Now I have to wear a suit and watch…[Read more]

awww – give Props and Arty Moderator status. Dunno what they know about property, but they’re cute and fun

kay henry

I think win/win is not about right and wrong… it’s about finding commonalities between people- it’s not saying both are right… bullying- also known as a few people ganging up on another- is tedious for others to watch, by the way.

An article from the bulletin mentioning kevin young states the following:

Lack of regulation has forced ASIC…[Read more]

Brisbane southside,

I found this forum because I have an interest in property. I don’t advocate any particular views about property because I’ve read one book which “changed my life…” (I think that’s kind of sad personally)

I do still love property though, and was fortunate enough to buy one property a number of years ago which has achieved a…[Read more]

mooda,

You’ll have more success if you develop an independent approach to purchasing property. Sit here and read every page of this website for a few hours, and you can see that many posters have identified places which are CF+.

Either that or ask someone to do some spotting for properties for you. You’ll pay a fee to them, but you and your…[Read more]

I don’t want CG where I buy. I wanna pay at last year’s prices- not this year’s. CG is great for when you *own* a place.

richmond said:

“the median for the quarter June-Sept went up 24.1% in one area of Rocky (Allenstown $72,500 to $90,000), 33.4% in another area(Rockhampton City $59,200 to $79,000), 9.8% in another area (Park Avenue $97,000 to…[Read more]

Here’s the thing:

Neg gear = exxy property
Pozz gear = cheapy property.

This ain’t “theory”- it’s “strategy”.

Do as you can afford. Harbour views are lovely if yer rich

As for me, I am gonna use depreciation allowances, charge median rents and slowly, I might be able to have some choices about the future, and maybe one day own my own…[Read more]

I see many property investors say they buy and hold unless a property does not “fit in with their profit expectations” etc. I think if we have a property that is not “performing” to the level that we want/need/plan for, then we kill it off so that we can use that money to chuck in to something else.

Remember how much we first knew when we bought…[Read more]

Shaun,

Presumably you’ve read this one, but I’ll paste it anyway. It annoys me too when I see different figures- guess the RE agents use the higher figures to sell. but Domain.com.au, API mag and the REI’s of Australia often have differing figures- grrr.

kay…[Read more]

Leigh,

I know what you mean- and I was in Goulburn on Sunday too- nuttin’ there to speak of in the RE windows, as you said :o(

I’m thinking the strategy is to buy from ads in the newspapers- the “private sale- no agents” one. Sometimes I think it’s probably better to negotiate with owners directly. I always find it interesting – the “no agents”…[Read more]

yack/henry,

I see what you’re saying. CG is more important than positive gearing or cashflow, right? Some people think so, but others disagree. I think your prediction for melbourne unit growth is not what is written in the media (yes, i read the media- it’s an education, as much as a textbook is). I wouldn’t be going into a melby apartment…[Read more]

sis, you said you were buying a few more properties before xmas. How did you go? How many properties do you have now?

kay henry

Wayne,

I notice a lot of those “under offer/under contract” ones when I look at houses in broken hill, nsw. Makes me wonder how long they’ve been sold for. Some RE’s only seem to have “sold” houses and no “for sale” ones!

kay henry

Leigh,

It means I work in an area of policy. I research and I consult and I write policy and respond to existing policy.

Perhaps we should have a separate topic asking people what jobs they do?

kay henry

I work in policy, Leigh.

kay henry

Karen,

You made 20K on your purchase price in 18 months- that’s pretty good :o) Never mind the tyrekickers- you’ve done ok, given the state of the market in inner-city melby. Also- you didn;t overcapitalise to begin with- 125k is a cheapy.

If you can sell now- a 30sqm apartment could be more of a liability than an asset- then sell, I reckon.…[Read more]

yack said:

“Buy properties at about the $250k to $300k.”

Yack- who can afford that? Well, some people on here can- but certainly not me!

I think we have to look at strategies that fit into our budgets. I can dream about buying 4 X 250k places, but the reality is- I can’t afford it. And I’m earning about 40-50% more than the median wage in…[Read more]

jack,

Try domain.com.au

Then hit the “home price guide” link. (As below)

http://www.homepriceguide.com.au/index.cfm?source=domain&domain_ads=hpgword

This site will give you median prices, rental,s etc. It isn’t perfect, but it’s something.

Alternatively, type “blah median rental” or some combination into google.com- australian only sites.…[Read more]

Bears,

It says it is a new listing on realestate.com.au. And it is still advertised on the original RE’s site. might be a different one? or perhaps new listings might best be not taken literally. I know RE.com is pretty slow though :+/

kay henry

Oops… here’s the link…

http://www.realestate.com.au/cgi-bin/rsearch?a=o&ag=&s=tas&c=26504136&tm=1073276265&id=101258082&f=0&p=10&t=res&ty=&snf=rbs&cu=&fmt=&header=

kay henry