Well done Ash75.
By the sounds of it you don’t need our help to find an agent anymore!
With the townhouses, it may be a start to look at the local papers, ‘The Age’ saturday r/e sections and maybe r/e.com.au to see who’s doing some aggressive marketing at the moment.
Selling off the plan may get a quicker sale if you need to.
I have an I.P in…[Read more]

It’s only sixty bucks and it’s tax deductible. Just buy it.

Cheers,
Marc.
erardent@hotmail.com

Originally posted by ttman:
on yesterday’s Today Tonight program there was a story a landlady keeps a house full of junks and does not let the tenants end the lease early (and the tenants paying $300 pw), it’s not only dangerous but also a health hazard as there are cockroaches and mices. But neither the council nor the tenancy board can do a…[Read more]

Originally posted by lifeX:
cant name banks, it is like swearing or kicking grannies when they fall over cracks in the pavement that they wrote a letter to council complaining 2 weeks ago.

Socially unacceptable, PC and all that jazz.

I spit at them, (although I will take their money)

Just call me reckless and politically incorrect – NAB,…[Read more]

Originally posted by stargazer:
Hi all

Insofar as stamp duty and all the costs that come with real estate would investing into a very big property and sitting on it be more profitable than buying lots of small properties like units or villas and holding them.

Cheers
SG

Life should NOT be a journey to the grave with the intention of arriving…[Read more]

Originally posted by ScottyTav:
I have just been talking to a Finance Broker about buying our first unit. We are going to spend between $400-500,000. I said to him that we would go IO and he recommended against it. He said that he has had other people before me borrow $400,000 then 3 years later when they are still there they have to change to P &…[Read more]

Originally posted by crusher:
Hi Pizang,

At the moment I am buying a brand new positively geared house close to Melbourne with a 2 year lease and 2x 1 year options to extend the lease. I am confident that this will do very well in the long term. I will be getting a 7.5% return + huge depreciation benefits.[biggrin]

Todd…[Read more]

Originally posted by andy28:
Those of you who get Foxtel in Australia will be familiar with the British TV show ‘Property Ladder’ http://www.channel4.com/4homes/ontv/property-ladder/index.html. In Property Ladder, the perennially pregnant host Sarah Beeny follows budding property developers through property flips involving various renovation…[Read more]

Originally posted by penguinchick:
Hi,
can somebody recommend good builder for two story duplex, please? I have final plans drawned by architect and will be ready for quotes soon.
Thanks.
Regards,
Daniela

We too are looking to build on a block we have when we get back from L.A. Before we left, my wife and I walked around our neighborhood looking…[Read more]

Originally posted by mihjakon:
Hi when can we afford to buy our first rental property,I Michael am 40years old on a disability pension & Helen is a 35 mother of our 5 children 3 to 11years old.
Currently we owe $187,000 on our mortgage(house worth $280,000 to be a low guess)we also owe my parents $40,000 we pay off in there name.
We have a…[Read more]

Originally posted by emptypockets:
I agree with most of the above points apart from dealing with an agent that is prepared to cut their own commission.

Give me an agent that is prepared to walk away from my listing rather than cut their fee. If they are going to give away their own money, what chance have they negotiating the best price of my grea…[Read more]

Originally posted by Dazzling:
Originally posted by L.A Aussie:

A couple of tips though;
1. get the property valued professionally by a valuer first (your bank can provide one) for a few hundred dollars- don’t use an appraisal by a r/e agent to assess the value. Don’t tell the agent what the valuation was. This way you will know what the…[Read more]

You’re 25 and earning over 100k? Stop it – you are making us all jealous!!
Together with your wife’s income (I’m assuming she has one here) you should be able to save a deposit in no time if you don’t blow it all on ‘doodads’. Of course, the cost of the house you want to live in will be a critical factor.
If your loan permits it, paying off…[Read more]

Originally posted by Roofarmer:
Hello,

I’ve been offered a chance to invest in a pay day loan company for very good weekly returns on my initial investment.

Aside from the inherent risks involved just wondering how people would feel (if in my shoes) about investing in something like this. I tend to think that it may be a little immoral…[Read more]

Originally posted by tom1000000:
Hello,

I was just wondering about an issue with contracts.

Basically you normally make an offer.

If the vendor accepts they send you a contract.

You then sign it and return to vendor.

What stops the vendor from sitting on your signed contract? They might decide to hold out for a better offer etc… You could…[Read more]

Originally posted by bessie:
Hello , I am after a bit of advice. We have our property on the market at the moment. The agent who put the valuation on it is now telling us it is not worth this amount. [stun] That has annoyed us as he should have been honest from the start.

He has phoned us back with an offer 75 thousand less than what it is on…[Read more]

Originally posted by Ash75:
I’m selling my first property and am appalled at the real estates commission. It appears that the going rate is 2% which equates to about $6500.

Is this the standard throw away line for the inexperienced?

Should I consider alternative selling options?
What are they?

Your advice would be…[Read more]

Originally posted by Mortgage Hunter:
Originally posted by L.A Aussie:
Hi Simon.
Fair enough I suppose. My post was a bit oversimplified, but would you buy $100k of shares without insurance though?
Also, have you ever bought $100k of shares with no money down? I haven’t – I’m not brave enough, but I will do it all day long with property.
The main…[Read more]

Originally posted by crashy:
I put an offer in on a house on Sat. Agent called me today & said “the owner rejected your offer & did not countersign, we have other interest parties”.

I said I wanted a 2nd look before I revised my offer. On the 2nd inspection, I noticed the concrete stumps were crumbling & the house was sagging a little in the…[Read more]

Originally posted by Bo_D_:
Originally posted by L.A Aussie:
Hi Simon.
Property can be insured against catastophic loss (not capital loss)whereas shares can’t as far as I know.

shares can be insured, however its very expensive and most will only let u pick from a list of shares. And then the company has to fall by at least 10% i think.

Is it…[Read more]