So Cairns became overpriced in a few days?….lol

I believe that only Qld law states that a property is at the risk of the buyer from the date of contract. Most other states require you to insure from date of settlement or possession.

For peace of mind, I suggest insuring from the date the contract goes “unconditional” in states other than Qld. You only end…[Read more]

About 1 arm and part of a leg. []

– Sunday does count as a day.

– Sunday would be day 1. Therefore, you have til Tuesday to pull out.

In your circumstance I would recommend it if you are worried about costs blowing out which is a real possibilty with negatively geared property if interest rates go up.

I do sort of agree with this statement though. I think that the ter…[Read more]

Go Pies!!!

p.s great win by those Swannies against the the great chokers!

I think they really only greatly assist a handfull of investors. I suspect some people are setting up complicated structures because it makes them feel like sophisticated big time investors.

Setting up this way for assett…[Read more]

quote:
WHAT GOES AROUND COMES AROUND

TAKE ADVICE FROM ONE WHO KNOWS

DON’T CHIZEL PEOPLE

THE PRICE IS 29.95

PAY IT

BE PROUD THAT YOU HAVE TNE INFORMATION

IF YOU RIP THEM OFF EXPECT TO BE RIPPED OFF

lol!!! []

If you want period style houses then look in Moonee Ponds, Ascot Vale, Kensington or alternativley try Yarraville.

For $400 to $500k you should be able to get a decent 3 bedder in those areas.

The title will reflect the interest of each bank surely.

I wouldn’t say I’m bored but I dont like it much. It is very demanding and the only thing that keeps me there is the money. It is difficult to turn your back on a good wage when you have young children.

I’m hoping that proprty investment will help me to retire from this…[Read more]

Is this aged care accomodation?

If so, you may face some trouble with finance as banks will only lend 70% of the price.

My tip is that rates will remain the same for several more months before slowly creeping up to around 8-9% in a few years.

But what the hell do I know?

i.e

house or unit
general area
price
rent
Features i.e b/rooms etc

With the beach areas, Palm Cove , Clifton Beach, Trinity Beach and some parts of Kewarra Beach are good. Many of the other beaches have a big sand fly problem because they are near swamp lands.

As a general rule be wary of the suburbs to the immediate west of the CBD in the low lying areas which are subject to flood. Thos suburbs are…[Read more]

It wasn’t last time and I can see no way on earth that it would be this time. Therefore, it wont effect the properties you already own.

In comparison, it is probably more fair to say that he has bought 65 properties in 3.5 years, being his 50% share.

If you know what I mean. []

1. What areas in Qld do you propose to look at?

2. Do you have a ball park figure for the spotters fee?

3. Will the fee be payable on release of the info or on successful purchase?

quote:
I also look at it in a pragmatic point of view. 3.5 years ago he started his venture. He has made significant money, but being a prudent business person I am sure he saw that the property market was slowing and exceptional deals were getting to hard to come by.

Steve throughout his book is an advocate for making money with least effort.…

[Read more]

In residential melbourne prices mostly stagnated, and there was some minor decrease in some areas but nowhere near a 30% drop.

It’s dead set frightening to see the prices of houses in the major country towns in Victoria as compared to 2-3 years ago.

The locals shake their heads in disbelief.

Having said that, my guess is that the property prices will not drop much in those towns when the bubble deflates, but there could be some stagnant prices for a number of years.

In a nutshell, Broome is essentially a tourim town with some industry. It is absolutely booming and has been for 12 months or so. More a CG place than a pos cashflow.

Karratha and Port Hedland are mining/industry towns with big rental returns and fluctuating CG. Both are booming but are dependent on the state of the local…[Read more]

I think that it is a self serving piece of advise by Henman.

Fancy a man with multiple national agencies that are against auctions and only sell by negototion recommending that course of action.

rolls eyes

What’s he teach? The secrets of alchemy?

Can you please shoot me an email with your details etc so that I can let the Quantity Surveyor know.

Email me at bkw319@hotmail.com

p.s Does your friend up there require a QS for his/her property?

Unfortunately, phoning them up is the only way, or if you’re in the area you can drop in and se them.

I’ll bet you a thousand bucks that when the boom goes off those lazy buggers will reply to your emails in 10 seconds flat!

The RBA keeps putting out these statements to warn people and basically to scare people into…[Read more]

There has been 30% capital gain in Broome in the last 12 months and no signs of an easing up.

Anyone interested?

Thanks for the kind offer though! []

You can buy sight unseen but you need to be carefull and ask all the right questions. Get all the info you can about the area including what is located next door. Get photos and plans etc.

I like to call it due dilligence.

The costs associated with finding and purchasing an IP are considered to be a capital expense and are not tax deductable.

The audit scare is largely a hoax to use fear to make you think carefully about what you claim. You know, like God is watching over you.

Do you know how many audits are actually conducted? How unlikely it is…[Read more]

ummm………………ok?

quote:
Crashy where are you? I have one and am in Sydney. the one I have is huge (sorry don’t mean to boast).

Terryw
terry@discoverhomeloans.com.au

lol!

Their services go right into personal finances, budgeting, structuring etc. Also, they assist in the actual hands on process with making purchases etc.

They do not find or locate the properties (you can source some off the register if you wish)but they help you with the…[Read more]

I feel sure that rates will not top 10% in the next several years but a rise to 8% in the next few years is a near certainty imho.

But what…[Read more]