Thanks Brahms and others for replys.

Finally got to the bottom of it.
I wont be going down the Resi Road for reasons that I will keep to myself….
Cheers.[rolleyesanim]

Thanks everyone for help.

Scott,
This property I am referring to is pre-85, I do not have a schedule and am slowly renovating.

I will now be looking at modifications/upgrading kitchen shortly. So want to clarify – you are recommending I keep receipts and that my accountant processes.
The big plan is to eventually have the home totally revamped…[Read more]

Sorry guys, now totally confused [blink]

But one thing I do know we are ALL DIFFERENT thats for sure..

Hi Misty, find myself in similar siutation. Buy a cheapie (+ve geared) regional IP, or other.
My concern is the CG issue, what if it just does not appreciate and the rent gets eaten away by repairs, as property is old….. and then you cant sell the IP as no one wants to live there.

Sorry, I’m not providing much help…

Elvis, sorry for being so tackless, appreciate any help… Cheers.

Why, I would like to know what are your reasons…. besides the obvious…

Thanks SIS, I am really trying to adopt this philosophy as I am waaaay too emotional when purchasing. Maybe I should be buying SIGHT UNSEEN this may have its downers but if it fits the criteria and I obtain all the appropriate check, building etc. it may help.
I read a book recently by M Lomas and was astounded to read that she actually owns…[Read more]

The ‘SAS’ have a motto WHO DARES WINS, I am starting to thing that there is something in this, and I am doing it wrong……

Marc, thanks for contribtuion I have been wondering about this for some time.
Now can you be generous enough to provide location. (joking)

Agree. It did not move much when America’s Cup was on but now Fremantle’s median price well over $400,000 depending what part.
Developers also pumping pot loads of money..

Thanks Derek, after financial year and accountant has viewed figures etc. will look at All products.
Many thanks. Have a nice day.

thanks Chan for your contribution.
Always can reply on you not being too specific…. (no offence intended).
Never mind ….. better luck next time.

PS
Did you read the posts where you have been “missed”…..

thank you both for your generous information.
I am always looking at options.

We have used the conventional todate with all our props and this has worked out well to date.

I am aware of low doc loans but did not really want to go this way. Though I stand corrected but this seems very popular….

From our company figures it looks like we would…[Read more]

Hi there, one of my first questions is obvious “how much does it rent for” …. guess what, no brownie points here… they dont know. Why is this? I never depend on anyone giving me advice in particular when it comes to rental retun you can bet your bottom dollar it will be a load of W123, excuse the french!!!!

OK Spodge, very interesting but will the next 3 or 4 be positively geared, very interested in answer. I am guessing NO….. and if YES, where exactly….?????????

Hi Monopoly
I have purchased in “ex-housing commission ” area in Perth.
Have had minimal problems with renting out infact have had excellent clients and always rented. Have had phenominal capital growth, better still. I have my eye on others now.
I am surprised with RE comments. As there has been great media hype (in Perth anyway) regarding the…[Read more]

I agree, same debates -ve versus +ve etc but I still see some very interesting posts which I enjoy reading. One recently comes to mind from AFLOAT regarding UK investment property.

Personally coming from the angle of being relatively new to forum I have found it quite interesting. Some of the other forums may be broader in content but I enjoy the…[Read more]

Thanks. TROJAN F&*&@#* GONE……..
Had to reformat – up till 3.30 am –

thanks, unfortuately had to reformat….. bugger

Jsandso

Holiday homes – depending where the Holiday home is will deterimine to a degree the vacancy rate and rental income. Holiday homes can be rented on a short term basis say (3 months) which is usually rented at a cheaper rate.

If well located/decked out holiday home, views etc. as stated – can be rented to Executives for short-term period.…[Read more]