PropertyInvesting.com | L.A Aussie | Activity https://www.propertyinvesting.com/members/l.a-aussie/activity/ Activity feed for L.A Aussie. Fri, 10 Apr 2026 17:00:19 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 9ad8f3d91b589720305052f547efdc6f L.A Aussie replied to the topic Is Rudd doing the right thing? in the forum Opinionated! https://www.propertyinvesting.com/topic/4395472-is-rudd-doing-the-right-thing/page/2/#post-4599503 Sat, 04 Jul 2009 02:56:49 +0000 hbbehrendorff wrote:

doubledown trent wrote:
I don't want to be the grammar police here, but….If you don't know the difference between LOOSE and LOSE,If you don't know the difference between THEIR and THERE,and you don't know how to use an apostrophe correctly, why would we trust any of your ironclad predictions on the economy??

I'm sorry…[Read more]

]]> 4d7610fba86c7b0554aa4107ca66714a L.A Aussie replied to the topic buying property in the forum General Property https://www.propertyinvesting.com/topic/4396631-buying-property-2/#post-4606004 Sat, 04 Jul 2009 02:40:25 +0000 If you are investing for cashflow, then yes.If you are investing for cap growth – no-one knows. Look at the area; infrastructure, employment opportunities, amenities etc.

]]> 93ed94223888399990a4041782c2c45b L.A Aussie replied to the topic Investment or PPOR in the forum Help Needed! https://www.propertyinvesting.com/topic/4396520-investment-or-ppor/#post-4605480 Mon, 22 Jun 2009 04:37:42 +0000 Renovating and then selling "within a few months" has a few drawbacks:1. At the moment, unless you can buy a FHOB category house for well under market value (good luck with that) you may be in danger of buying, renovating and owning a property that has not gone up in value as much as the cost of the renos. The markets are very flat in many areas…[Read more]

]]> 5d4dfb79bf70188f67eacc9e9971fd14 L.A Aussie replied to the topic Using Equity In Your PPOR As A Deposit in the forum Help Needed! https://www.propertyinvesting.com/topic/4396510-using-equity-in-your-ppor-as-a-deposit/#post-4605404 Sun, 21 Jun 2009 14:54:31 +0000 L.A Aussie wrote:

gezzy wrote:

L.A Aussie wrote:
The other "con" is that you have no equity with 100% loans, and if something goes wrong at the start and you need to sell, you may have to sell at a significant loss.

This wouldn't be the case though if you were lucky enough to purchase a property at a bargain price, well below market value,…[Read more]

]]> 7994e80b8b1b35a950942035903003bf L.A Aussie replied to the topic Using Equity In Your PPOR As A Deposit in the forum Help Needed! https://www.propertyinvesting.com/topic/4396510-using-equity-in-your-ppor-as-a-deposit/#post-4605403 Sun, 21 Jun 2009 14:50:16 +0000 gezzy wrote:

L.A Aussie wrote:
The other "con" is that you have no equity with 100% loans, and if something goes wrong at the start and you need to sell, you may have to sell at a significant loss.

This wouldn't be the case though if you were lucky enough to purchase a property at a bargain price, well below market value, would it?Thanks for…[Read more]

]]> 3d3f206d0a5466a7e0d546addcb65449 L.A Aussie replied to the topic House prices tipped to jump sharply in the next three years in the forum Opinionated! https://www.propertyinvesting.com/topic/4396463-house-prices-tipped-to-jump-sharply-in-the-next-three-years/#post-4605162 Sun, 21 Jun 2009 07:31:53 +0000 Rhys_Roberts wrote:
House prices tipped to jump sharply in the next three years Monday 15 June 2009 11:45 Patrick Stafford Print Housing prices could increase by up to 22% during the next three years, according to a new survey, while the weekend's auction results…[Read more]

]]> 8ee55592e937fad7596cbff973ce8120 L.A Aussie replied to the topic What type of vehicle do you have ?? in the forum Opinionated! https://www.propertyinvesting.com/topic/4381491-what-type-of-vehicle-do-you-have/page/18/#post-4525000 Sun, 21 Jun 2009 07:29:24 +0000 FinSpec wrote:
I'm over the whole "my car is flashier than yours" – so I ride a scooter now and pass all the Mercs & Porches on the way into the office while they're sitting still in traffic :)

Even better;We gave up the commute. Years ago.

]]> 690c966d4bdef0cb4db264665510cfc5 L.A Aussie replied to the topic Using Equity In Your PPOR As A Deposit in the forum Help Needed! https://www.propertyinvesting.com/topic/4396510-using-equity-in-your-ppor-as-a-deposit/#post-4605395 Sat, 20 Jun 2009 22:40:00 +0000 gezzy wrote:
Hello All,I am really eager to get into the investment property game and purchase an investment property while interest rates are still low, but saving up for a deposit seems to be taking forever (I know Steve McKnight recommends saving 20% as a deposit to avoid LMI etc) so I was just wondering if there was anybody out there who…[Read more]

]]> c78329a2bb829f3a77086d78c5552744 L.A Aussie replied to the topic family need help in the forum General Property https://www.propertyinvesting.com/topic/4396344-family-need-help/page/2/#post-4604546 Sun, 14 Jun 2009 22:15:49 +0000 Terryw wrote:
You are assuming Spud had kids while on the pension.What should he do if he kids came first and the pension second? Adopt a few kids out ???And what is a solicitor loan? They don't exist!

True;  I did assume he had kids while being able-bodied and working.I still think having 5 kids in this day and age is impractical unless you…[Read more]

]]> 34acaf2e919fe8360e9044a5ba227ebd L.A Aussie replied to the topic What type of vehicle do you have ?? in the forum Opinionated! https://www.propertyinvesting.com/topic/4381491-what-type-of-vehicle-do-you-have/page/18/#post-4524995 Fri, 12 Jun 2009 22:24:04 +0000 Update;we still own the 1998 Musso and the 2000 Hyundai Accent.getting closer to buying something newer, but these two are still running well.Tough one; new(er) car(s), or new investment??Our mindset is the R.K one; use the pos cashflow from the ivestment to fund the doodad. Our cars would be tax deductible these days as we have a business now,…[Read more]

]]> 087a356d37367c144c188045cc744600 L.A Aussie replied to the topic family need help in the forum Terryw wrote:Rhys_Roberts https://www.propertyinvesting.com/topic/4396344-family-need-help/page/2/#post-4604539 Fri, 12 Jun 2009 22:08:23 +0000 Terryw wrote:

Rhys_Roberts wrote:
Off topic and an arguably offensive comment but I just can't help myself…If you are on a pension and can only afford a house worth 110K and only have 50k then…WHY DO YOU HAVE FIVE KIDS?????????????!!!!!!!!!!!!!!!!!

RhysAre you implying that anyone on a pension shoudn't have kids?

I must admit – I had the…[Read more]

]]> e0c9c7a155f08134a82c10c4f7ed20a7 L.A Aussie replied to the topic Property and how many in the forum Help Needed! https://www.propertyinvesting.com/topic/4393933-property-and-how-many/page/2/#post-4591451 Sat, 15 Nov 2008 20:44:32 +0000 Tony B wrote:
Its not  "how many you have "  Its "how many you own ". I know many young & not so young people that spout they have several investment proterties. Having more then 1 property is not a sign or indicater of smart investing or wealth. As mentioned in Crashy post  "There is only one number that matters……..how long can I survive wh…[Read more]

]]> 7c28c40c7bdcb946050e63b356589637 L.A Aussie replied to the topic Property and how many in the forum Tony B wrote: Its not  "how https://www.propertyinvesting.com/topic/4393933-property-and-how-many/page/2/#post-4591450 Sat, 15 Nov 2008 20:33:37 +0000 Tony B wrote:
Its not  "how many you have "  Its "how many you own ". I know many young & not so young people that spout they have several investment proterties. Having more then 1 property is not a sign or indicater of smart investing or wealth. As mentioned in Crashy post  "There is only one number that matters……..how long can I survive wh…[Read more]

]]> 8116b05765ea672666b3cb27ec8a00af L.A Aussie replied to the topic THE GREAT PROPERTY CRASH in the forum It depends where your https://www.propertyinvesting.com/topic/4388574-the-great-property-crash/page/2/#post-4562961 Mon, 10 Nov 2008 14:15:09 +0000 It depends where your financial position is, and what you are invested in, and what your level of experience and education is.Warren Buffet only invests in businesses. Some of these businesses have shares though, and he also owns a very successful stock fund. But the stock market crash of late is of little concern to him really, as his businesses…[Read more]

]]> de20a17bdb909176eb0c2f2be3641a92 L.A Aussie replied to the topic Property and how many in the forum Help Needed! https://www.propertyinvesting.com/topic/4393933-property-and-how-many/page/2/#post-4591445 Mon, 10 Nov 2008 13:45:04 +0000 crashy wrote:
I agree that there are those who walk the walk and those who only talk the talk. you have to admire those who have built a large portfolio and dont mind sharing how they did it.making money is easy. keeping it is the hard part.I talked to a guy who had $3m worth of property leading into the early 90's recession.  he explained how…[Read more]

]]> e8e11c53abd88e56556af000fec38e42 L.A Aussie replied to the topic Property and how many in the forum Help Needed! https://www.propertyinvesting.com/topic/4393933-property-and-how-many/page/2/#post-4591444 Mon, 10 Nov 2008 13:39:18 +0000 crashy wrote:
I agree that there are those who walk the walk and those who only talk the talk. you have to admire those who have built a large portfolio and dont mind sharing how they did it.making money is easy. keeping it is the hard part.I talked to a guy who had $3m worth of property leading into the early 90's recession.  he explained how…[Read more]

]]> 882a582cf451cac53dc6b115130189f6 L.A Aussie replied to the topic starting somewhere! in the forum Help Needed! https://www.propertyinvesting.com/topic/4394701-starting-somewhere/#post-4595519 Mon, 10 Nov 2008 13:30:08 +0000 There is no income or tax advantages from raw land.The holding costs are all directly out of your pocket.You would be better off to buy a similarly priced block (or slightly more expensive) with an older house on it, which may be needing a bit of a spruce up, which you could do much of yourself if you have the inclination, and then rent it out and…[Read more]

]]> 3998add712c2c4597076a2024a55873a L.A Aussie replied to the topic The crash is beginning..... in the forum General Property https://www.propertyinvesting.com/topic/4394500-the-crash-is-beginning/page/3/#post-4594526 Mon, 10 Nov 2008 13:09:01 +0000 harb wrote:

ummester wrote:
Harb, where have you been?

Looking at buying some more houses , where else ? Thanks to that stupid FHOG increase one of my offers got knocked back  and the place sold to a FHB for full asking price.I recon there is sweet FA we can do about it now, it is a natural cycle, like property devaluations:)Yep , been…[Read more]

]]> 3aa7cba54f64c59885e30f5cf2b3eca9 L.A Aussie replied to the topic what does a 1% drop in rates do for us? in the forum General Property https://www.propertyinvesting.com/topic/4394401-what-does-a-1-drop-in-rates-do-for-us/page/4/#post-4593939 Mon, 10 Nov 2008 06:34:03 +0000 harb wrote:
Where is the latest cut taking us back to, 5 years ago ? Wait another month and it 'll be back to 7 years ago.How is your landlord doing, could you say hello from me and ask him if he wouldn't mind passing that rate cut to you so your rent go back to what you were paying 5 years ago. I'm sure he'll agree to it.

Quote:
So I'm…[Read more]

]]> 7b3e2761c6bb40e25f8d5fc4f07c1191 L.A Aussie replied to the topic what does a 1% drop in rates do for us? in the forum General Property https://www.propertyinvesting.com/topic/4394401-what-does-a-1-drop-in-rates-do-for-us/page/3/#post-4593938 Mon, 10 Nov 2008 06:28:19 +0000 foundation wrote:
I'm not an investing expert. But to ignore the jibes and answer the question, it's because they're pretty. And shiny. And heavy. But mostly pretty. And because they are a store of real value, of real wealth (as they are the product of effort+energy and scarce) whereas paper money is intrinsically worthless. So my aim is to over…[Read more]

]]> 8890e1c9fa52bdc2f7d6093e58d1ee27 L.A Aussie replied to the topic what does a 1% drop in rates do for us? in the forum General Property https://www.propertyinvesting.com/topic/4394401-what-does-a-1-drop-in-rates-do-for-us/page/3/#post-4593920 Wed, 05 Nov 2008 21:47:21 +0000 foundation wrote:
And no, even if mortgage rates fell to 5%, I would not be borrowing money to buy real estate…

If the property was pos geared, and you were looking to buy  and hold long term, why wouldn't you?If you could snare 5 properties that return a nett rent after all expenses of  even a pathetic $25 per week RIGHT NOW that's a p…[Read more]

]]> c16b0d0708cddcb06ead59e85c23bac8 L.A Aussie replied to the topic Need help selling your property faster? in the forum General Property https://www.propertyinvesting.com/topic/4394594-need-help-selling-your-property-faster/#post-4594946 Sun, 02 Nov 2008 21:01:34 +0000 Yeah; if I give you $1000 will you do it please?That's about all the work an agent does is worth, given their quals and training.For example; a nurses' aid (PSA) earns about $20 per hour. It's a 3 month course. Easy course, easy work. I did it for 3 years when my son was little. great benefits and penalty rates, salary packaging as well.I also did…[Read more]

]]> 8a233f50bb7983155d8b605428e2da81 L.A Aussie replied to the topic what does a 1% drop in rates do for us? in the forum General Property https://www.propertyinvesting.com/topic/4394401-what-does-a-1-drop-in-rates-do-for-us/page/2/#post-4593913 Sun, 02 Nov 2008 20:54:44 +0000 wian wrote:

Scamp wrote:
yep , me too, positive about the sharemarkets in the future. Much more money to be made on shares than on property. Renting and investing is a much better option than buying a property. Why lose 50K a year and even more on capital losses, if you can make 100K a year with the same investment ?Doesn't make a lot of sense…[Read more]

]]> 4945d176604ec8dd92ef05d1d15fa3f2 L.A Aussie replied to the topic what does a 1% drop in rates do for us? in the forum General Property https://www.propertyinvesting.com/topic/4394401-what-does-a-1-drop-in-rates-do-for-us/page/2/#post-4593912 Sun, 02 Nov 2008 20:53:42 +0000 Scamp wrote:

god_of_money wrote:
I am confused…. interest rates on the way down.. with prediction of some economist predict further cut next year…Used to be lots lots of bullish comments about investment when the interest rates reaching its peak…bla bla bla long term value…dividend yield 10% and rental price still on the way up…[Read more]

]]> 7eea18d6f6d8374653dedbce9db9ffcf L.A Aussie replied to the topic Investors in the forum General Property https://www.propertyinvesting.com/topic/4394364-investors-3/#post-4593584 Thu, 02 Oct 2008 20:56:39 +0000 Sounds too good to be true.No doubt it is.There's no purchase price, no completion dates and I'm tipping the purchase price has already got the rental guarantee built into the price.Buyer beware.If this is so good, why are they selling it to us? They should buy the whole joint themselves.My guess is the real money is made by the developer on this…[Read more]

]]> 7f0b8e12852e111286701e7b8fca8136 L.A Aussie replied to the topic does anyone know cheap financial advisors in melb in the forum Opinionated! https://www.propertyinvesting.com/topic/4394320-does-anyone-know-cheap-financial-advisors-in-melb/#post-4593297 Fri, 26 Sep 2008 21:42:52 +0000 That offer to move back in with the parents and rent out the unit is a good one, as you can then claim all your holding costs from your unit on your tax return.Beware of the "cost" of doing this – moving into a house with your family AND your parents at the same time. This is to say the least; interesting. It may save you lots of money, but may be…[Read more]

]]> 0da10c96bbff36e8e6e38fa8703b3667 L.A Aussie replied to the topic Dificult agent. Sect 32 & offer issue. in the forum Help Needed! https://www.propertyinvesting.com/topic/4394258-dificult-agent-sect-32-offer-issue/#post-4593048 Sat, 20 Sep 2008 06:06:00 +0000 Just bypass the agent and contact the Vendor directly.The agent will get pissed off, but who cares? He's not acting in the best interest of the Vendor.He might think he is by not passing on your low offer, but if no-one else is making offers, then yours is the best one they have got.In my State of Victoria, by Law the agent must pass on every…[Read more]

]]> ba6fd4c25a406bbd248244619be77910 L.A Aussie replied to the topic Shortfalls? - How to have 10 properties and fund them all. in the forum Help Needed! https://www.propertyinvesting.com/topic/4394250-shortfalls-how-to-have-10-properties-and-fund-them-all/#post-4593006 Sat, 20 Sep 2008 06:00:08 +0000 wealthyjvd wrote:
thanks, i just read something about a lady who had only 1 house at the age of 35 and now owns over 50, and shes nearly 40.how, with all teh debt… i wanted to know more about equity to fund these shortfalls.

She's probably bought a few blocks of cheap flats, and counts every flat as one property.Otherwise, I'd seriously…[Read more]

]]> ffea933b4668020822289f262931f0ed L.A Aussie replied to the topic How to make the most out of our holiday house? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4393894-how-to-make-the-most-out-of-our-holiday-house/#post-4591166 Sat, 20 Sep 2008 05:45:10 +0000 You can only claim the percentage of the expenses that relate to the holiday letting.So, if you let it for 48 weeks a year, you can claim 48 weeks worth.The other way to do it would be to treat yourselves as a normal guest, pay all the proper rental rates for the time you use it, and then claim the whole year's expenses.Management fees for these…[Read more]

]]> 507a94d3bb4a0ec23af2fb8f6e4a9c24 L.A Aussie replied to the topic Premier Realty Management - do you think this is a scam? in the forum General Property https://www.propertyinvesting.com/topic/4393583-premier-realty-management-do-you-think-this-is-a-scam/#post-4589503 Thu, 21 Aug 2008 05:49:43 +0000 SCAM

]]> 92e6a1bf8da3ff01bb32c872191176eb L.A Aussie replied to the topic Do you think this property has really been withdrawn from sale? in the forum General Property https://www.propertyinvesting.com/topic/4394026-do-you-think-this-property-has-really-been-withdrawn-from-sale/#post-4591892 Thu, 21 Aug 2008 05:47:49 +0000 The agents will leave it on the website as long as possible to get exposure, and try to sell other properties off it.

]]> c9c6d42112fa3f2299ceefa8e1e2b37f L.A Aussie replied to the topic Is it worth getting a second house? in the forum Help Needed! https://www.propertyinvesting.com/topic/4393895-is-it-worth-getting-a-second-house/#post-4591179 Fri, 15 Aug 2008 21:48:20 +0000 ummester wrote:
johk – have you heard about all those people that are using their credit cards to pay increased interest rates? The banks solution is to give them more credit… gotta wonder exactly what the banks agenda is in all that. My point is that I would hate to see another Australian end up in that position.As someone suggested, why not…[Read more]

]]> 6bc6adea93ff0af72944d65c72ef9382 L.A Aussie replied to the topic How do people "know" what the market is going to do? in the forum General Property https://www.propertyinvesting.com/topic/4393836-how-do-people-know-what-the-market-is-going-to-do/page/2/#post-4590945 Tue, 12 Aug 2008 06:15:25 +0000 longterminvestor wrote:
Well said Scamp.  (your reasoning on why RBA should not decrease interest rates)Lets see if the RBA does what it needs to do or bows to political pressure.Lets see if the RBA further destroys the long term health of the nation by bowing to political pressure and reducing rates.I'll bet they go the wrong way, reduce rates…[Read more]

]]> 75e33277c9a672b9b916f52470e70ed9 L.A Aussie replied to the topic How do people "know" what the market is going to do? in the forum General Property https://www.propertyinvesting.com/topic/4393836-how-do-people-know-what-the-market-is-going-to-do/page/2/#post-4590944 Tue, 12 Aug 2008 06:05:43 +0000 Scamp wrote:

Paul22M wrote:
I reckon we bring Scamp over to Australia and make him head of the RBA, or even prime minister

Who would want to be prime minister in Australia ? It's like wanting to be the president of the USA.Anyway, first thing any REAL prime minister does is cut the tax benefits on property investment as a whole. I know, it's…[Read more]

]]> 66a5c09fd8a079dfe1660740e475406c L.A Aussie replied to the topic property boom or not??? in the forum General Property https://www.propertyinvesting.com/topic/4393943-property-boom-or-not/page/4/#post-4591557 Tue, 12 Aug 2008 05:52:51 +0000 Answers in red below.

ummester wrote:
L.A. Aussie – owner occupiers are not 70% of the market. In an RBA report form 2003, which I have linked to elsewhere on this forum, owner occupiers were put between 40 & 45%. I doubt the figure has changed that much over the last 5 years. Oh you think? Ask every single person you know in your life if they…[Read more]

]]> 22332386a2a39400b96fcd2774aa8ddf L.A Aussie replied to the topic property boom or not??? in the forum General Property https://www.propertyinvesting.com/topic/4393943-property-boom-or-not/page/4/#post-4591554 Mon, 11 Aug 2008 21:07:01 +0000 ummester wrote:
L.A AussieI am not slagging off your ideals, just presenting an alternate POV. Property Investment can be more than financial and I feel that in forgetting that investors have gotten the country into a dangerous financial state.Besides, I am learning things by being here. The obvious, but overlooked by me, buyers insurance that…[Read more]

]]> b09ec40eb891cb4ff61cfa0912ff8197 L.A Aussie replied to the topic property boom or not??? in the forum General Property https://www.propertyinvesting.com/topic/4393943-property-boom-or-not/page/4/#post-4591549 Mon, 11 Aug 2008 08:11:15 +0000 ummester wrote:
For overall social balance being as rich as Gates or Norman is meant to be the privillage of a few. In all society, of course there will be rich and poor, but the majority should be in the middle. What the Boomers have done over the last decade isn't become rich (not like Gates or Norman) they have just seperated the middle…[Read more]

]]> ff98d5c22ab82acb75c1a4e861b73b52 L.A Aussie replied to the topic property boom or not??? in the forum General Property https://www.propertyinvesting.com/topic/4393943-property-boom-or-not/page/3/#post-4591541 Mon, 11 Aug 2008 01:43:55 +0000 ummester wrote:
See how selfish your dreams are compared to mine? I want something for the country – you want something for yourself…Basically you are aware that property resources are finite and that BBs got to entre the market first. Pretend there are only 2 people in the market. Logically, any property more than 1 that a BB owns is 1 …[Read more]

]]> 6dc6e14d09db63af5cdd1dfd9075a076 L.A Aussie replied to the topic Best advice : Don't invest into property : The australian market is CRASHING. in the forum Help Needed! https://www.propertyinvesting.com/topic/4393180-best-advice-dont-invest-into-property-the-australian-market-is-crashing/page/28/#post-4587279 Thu, 07 Aug 2008 20:59:17 +0000 Scamp, if Aus is so bad (as you keep describing to us) then why are you coming out here?Why don't you simply stay where you are in your wonderful country – whatever it is.It can't be too bad if you've done so well that you can come pout here and pay cash for one of our exhorbitantly priced houses.

]]> fbcf60c3dc61d189377faa7eecde67d7 L.A Aussie replied to the topic Property and how many in the forum Help Needed! https://www.propertyinvesting.com/topic/4393933-property-and-how-many/page/2/#post-4591439 Wed, 06 Aug 2008 03:15:46 +0000 blaze wrote:

L.A Aussie wrote:

crashy wrote:
I agree that there are those who walk the walk and those who only talk the talk. you have to admire those who have built a large portfolio and dont mind sharing how they did it.making money is easy. keeping it is the hard part.I talked to a guy who had $3m worth of property leading into the early…[Read more]

]]> b4790f5215cd3b05fbc62bea932ffa91 L.A Aussie replied to the topic Property and how many in the forum Help Needed! https://www.propertyinvesting.com/topic/4393933-property-and-how-many/page/2/#post-4591435 Tue, 05 Aug 2008 04:17:26 +0000 crashy wrote:
I agree that there are those who walk the walk and those who only talk the talk. you have to admire those who have built a large portfolio and dont mind sharing how they did it.making money is easy. keeping it is the hard part.I talked to a guy who had $3m worth of property leading into the early 90's recession.  he explained how…[Read more]

]]> 1586aae1c250fc2753c5bd31b35113a4 L.A Aussie replied to the topic Property and how many in the forum Help Needed! https://www.propertyinvesting.com/topic/4393933-property-and-how-many/#post-4591431 Mon, 04 Aug 2008 21:47:34 +0000 The mindset that to have lots of debt is bad, is the mindset of a saver. Nothing wrong with being a saver, but it's been proved that saving money will not make you money over time after you include the erosion of capital through inflation and tax on interest earned. It's a very slow way to get rich, and not that safe or tax effective when…[Read more]

]]> 7ccbf6c9359ace1f26f8c8239c48e0d9 L.A Aussie replied to the topic Best advice : Don't invest into property : The australian market is CRASHING. in the forum Help Needed! https://www.propertyinvesting.com/topic/4393180-best-advice-dont-invest-into-property-the-australian-market-is-crashing/page/25/#post-4587222 Mon, 04 Aug 2008 21:38:15 +0000 Scamp wrote:
the bottom is hard to predict, but the start of it is quite easy. All the fundamentals have been laid around Australia. Now, all is needed is a lighter to light up the fuel.That is coming in September 2009. Yep.. only 1 month left :)Mind you, it might take a while to light this incredible pile of crap. It could take 6 months before…[Read more]

]]> ed351a8f65ff336ebfa4d17528e248a6 L.A Aussie replied to the topic Best advice : Don't invest into property : The australian market is CRASHING. in the forum Help Needed! https://www.propertyinvesting.com/topic/4393180-best-advice-dont-invest-into-property-the-australian-market-is-crashing/page/25/#post-4587221 Mon, 04 Aug 2008 21:30:26 +0000 Scamp wrote:
bah I can't edit my post. September 2008 ofcourse… :)

What's going to happen in September?

]]> 4d37403d7fd4d7a380f7388eee296161 L.A Aussie replied to the topic Where to start?? in the forum Value Adding https://www.propertyinvesting.com/topic/4393931-where-to-start-28/#post-4591400 Sun, 03 Aug 2008 21:56:12 +0000 We pulled out a kitchen in one of our IP's.Left only the floor and the walls.Generally, everything is attached to the walls, so a small crow bar, grinder, screwdrivers saws etc.Try not to put holes in the plaster if you can avoid it.

]]> 444d24cbfea8c9f89066143059076606 L.A Aussie replied to the topic Property and how many in the forum Help Needed! https://www.propertyinvesting.com/topic/4393933-property-and-how-many/#post-4591424 Sun, 03 Aug 2008 21:52:02 +0000 ummester wrote:

Qlds007 wrote:
C but it not about the numbers.

What's it about then?

It's about nett worth and cashflow.We're B

]]> 6ec0ddbb70d03778d4129108bf7e631b L.A Aussie replied to the topic Managing your own properties in the forum Help Needed! https://www.propertyinvesting.com/topic/4393930-managing-your-own-properties/#post-4591381 Sat, 02 Aug 2008 22:30:18 +0000 If you are a handyman, have the tools and more importantly; the time – then I'd consider it. Especially if you live close by.Personally, we don't manage any of ours (even our own PPoR which is now an IP and only 1 mile away) as all our others are a fair distance away, but I also don't want the hassle. I'd rather pay the 6 or 8% etc – it's tax…[Read more]

]]> accbad0246b42b229be94ce6ab4bf27b L.A Aussie replied to the topic Do we need to leave???? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4393928-do-we-need-to-leave/#post-4591368 Sat, 02 Aug 2008 22:18:40 +0000 The dog may or may not be the real reason. You will never know.In Vic, if the landlord have it written on the lease (and even if they don't possibly) that the property is their PPoR , they can return anytime as long as they give the tenant 90 days notice. It's in the Tenancy Act. Ask the PM.In future, if you want a pet after signing a lease that…[Read more]

]]> 298d777e8889570225f06a693a015d9a L.A Aussie replied to the topic Where to start?? in the forum Value Adding https://www.propertyinvesting.com/topic/4393931-where-to-start-28/#post-4591398 Sat, 02 Aug 2008 22:14:32 +0000 You could do a Bunnings kitchen, or ring a few kitchen companies.Either way, they will all have to come and measure.My brother did his own flat pack (not Ikea though) and it looks great, but he is pretty handy and has good tools. It took him a while – w'ends only.

]]> f591f8b17a90559558274e0cc2326fec L.A Aussie replied to the topic cash positive unit in the forum Help Needed! https://www.propertyinvesting.com/topic/4393806-cash-positive-unit/#post-4590754 Tue, 22 Jul 2008 21:29:13 +0000 If there is a rental guarantee, then what you are buying is a unit with the rent built into the asking price, which means you are paying too much, and when the rent guarantee runs out, you will probably get a lot less rent on the open market.Don't forget; 20% of your rent is eaten up by holding costs such as rates, insurances, management, body…[Read more]

]]>