PropertyInvesting.com | MarkyMark | Activity https://www.propertyinvesting.com/members/markymark/activity/ Activity feed for MarkyMark. Sat, 11 Apr 2026 13:07:57 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 6b20c43c062a0a4492f7e3a2a1c64cfc MarkyMark replied to the topic University Properties in the forum General Property https://www.propertyinvesting.com/topic/4383437-university-properties/#post-4536774 Mon, 05 Dec 2005 13:11:20 +0000 I lived in one of these while at uni. They were really nice places and just perfect for me as a student. They have cleaners and where I stayed they had security and where strict. So the properties where kept in good condition.

You may want to ask about how they allocate which place is to be rented and when. I spent about 6 months in one of…[Read more]

]]> 738a2c4919f46b02090c450fd27226f0 MarkyMark replied to the topic Selling Success! in the forum No Subject https://www.propertyinvesting.com/topic/4383384-selling-success/#post-4536503 Mon, 05 Dec 2005 12:56:02 +0000 I think the decision to sell or not can be taken back to the same old question I ask myself 10 times a day these days. Will it get me closer to my goals by the specified time or not?

I am faced with this same question at the moment. I have chosen not to sell even though I have profit in the deal. The reasons that I am not selling is,
a. I…[Read more]

]]> 0868c1708d7b787ea23819e4b8437549 MarkyMark replied to the topic Add instant value for FREE by ... in the forum General Property https://www.propertyinvesting.com/topic/4382981-add-instant-value-for-free-by/#post-4534234 Fri, 04 Nov 2005 11:19:02 +0000 I suppose it depends who you are,

Consider Bill Gates
He made this money in the 25 years or so since Microsoft was founded in 1975. If you presume that he has worked 14 hours a day on every business day of the year since then, that means he’s been making money at a staggering million dollars per hour, around $300 per second.

Which means that…[Read more]

]]> 831d2a777c6ec7331dd532f7856cbd69 MarkyMark replied to the topic Steve McK (revised post) in the forum No Subject https://www.propertyinvesting.com/topic/4382173-steve-mck-revised-post/page/2/#post-4529189 Fri, 23 Sep 2005 02:01:55 +0000 Originally posted by markpatrick:
I can`t help but think that Steve and other seminar/strategy salesman at the end of the day would earn thier money in property if they could, since they can`t they play the amway/money streams game.
No malice in my opinion but it`s what I believe to be fact.

I think you are ignoring a very sensible possibility.…[Read more]

]]> 8214a658403565d648784a1758c3f6f6 MarkyMark replied to the topic Tokyo land prices see first rise in 15 years in the forum General Property https://www.propertyinvesting.com/topic/4382359-tokyo-land-prices-see-first-rise-in-15-years/#post-4530509 Thu, 22 Sep 2005 12:04:21 +0000 Hi Terry,
I also had the same problem. I think it has to with translations. All the articles come up as this.

»ÅÍÍ¡½¡½½Âë¤äÀÄ»³¡¢³«¶È¥é¥Ã¥·¥å¡¢

Cheers,
MarkyMark

]]> 2b3092af247bd4c1220bf3778d36c7e0 MarkyMark replied to the topic taking tenant to court for rent in the forum No Subject https://www.propertyinvesting.com/topic/4381977-taking-tenant-to-court-for-rent/page/2/#post-4528167 Sat, 17 Sep 2005 03:32:19 +0000 real-estate agents have access to a data base that contains dodgy tenants. A while ago I was watching a program on TV where a nasty real-estate agent had placed this ladies name on the database for some reason. Anyway she had huge trouble finding a place to rent as everywhere she went people would nock he back as she was on the list.

Anyway,…[Read more]

]]> f8939679c6ef7500e659c31059cf2902 MarkyMark replied to the topic taking tenant to court for rent in the forum Help Needed! https://www.propertyinvesting.com/topic/4381977-taking-tenant-to-court-for-rent/page/2/#post-4528162 Fri, 16 Sep 2005 06:47:48 +0000 I know that this may sound extreme and I don’t know if I would do this myself but just thought I’d put it out there. What about if after they wouldn’t pay you organised an inspection and than said “oh that front and back door is terrible” and then took the doors off and took them home with you.

The tenant can then take you to the tribunal.…[Read more]

]]> 3f0d01d2ab6af9a13d4fa14e93895d8f MarkyMark replied to the topic advice from the CF+ folk pls. in the forum Help Needed! https://www.propertyinvesting.com/topic/4382044-advice-from-the-cf-folk-pls/#post-4528537 Mon, 05 Sep 2005 11:26:00 +0000 Hi Milly,
It sounds to me “and I could be wrong” that you are not sure of what result you want i.e. your not sure of your goal.

Maybe you could sit down and establish a crystal clear goal along with a deadline. Then once you have done that look again at your options from that new perspective.

I find that this works for the following reasons,
a.…[Read more]

]]> 9ca224028f67ac5aed4b411f45ce3c8c MarkyMark replied to the topic Letting house as home and unit in the forum Creative Investing https://www.propertyinvesting.com/topic/4381481-letting-house-as-home-and-unit/#post-4524602 Tue, 16 Aug 2005 11:05:12 +0000 Do you think that there would be an issue with regards to noise. Like upstairs is wooden floor boards.

MarkyMark

]]> 068711c756a65ef571c9764b6d7d0973 MarkyMark replied to the topic Just one tip... in the forum General Property https://www.propertyinvesting.com/topic/4381282-just-one-tip/page/3/#post-4523505 Sun, 31 Jul 2005 23:31:52 +0000 Be constantly asking the question, “How will this get me to my goal”

Planning and deciding what is a good investment and what is not, becomes easy when you are clear on your goals. It gives you direction, clarity and motivation. Be clear on the goal first.

MarkyMark

]]> 2a20542624a7368ddf9df7fe72b49a23 MarkyMark replied to the topic Looking for 1st +CF IP in the forum Help Needed! https://www.propertyinvesting.com/topic/4380757-looking-for-1st-cf-ip/#post-4520074 Thu, 30 Jun 2005 10:35:50 +0000 Nice edition of Insider as usual.

Steve I was just wondering about what you said here in response to Newstarts post

“……paying top dollar for a risk that can be addressed in a more cost-effective way (for example, using rental insurance).”

When you say “rental insurance” do you mean normal landlords insurance to cover the tenant trashing the…[Read more]

]]> 10a1ce7b83fe49df03f4eaf8680e5821 MarkyMark replied to the topic Avoid the backslide - 2004 still has lots to offer in the forum General Property https://www.propertyinvesting.com/topic/4376670-avoid-the-backslide-2004-still-has-lots-to-offer/#post-4493963 Wed, 27 Oct 2004 07:55:54 +0000 Hi steve,
Just one question really, what do you mean by “niche deals”?

2. Making competitive offers on niche deals that the
speculators now hesitate about, since they rely on luck whereas savvy investors use skill.

and thanks for the latest newsletter.

MarkyMark

]]> d10fe1b6b6fa663e51d104560de25fc1 MarkyMark replied to the topic Learning Trust in the forum General Property https://www.propertyinvesting.com/topic/4376625-learning-trust/#post-4493791 Sat, 23 Oct 2004 09:46:50 +0000 I recommend them. Dale’s “Trust Magic” is really good I think.

MarkyMark

]]> b2f21f013b7b27f33cc015eca65c4ea5 MarkyMark replied to the topic Multiplication By Division in the forum General Property https://www.propertyinvesting.com/topic/4374058-multiplication-by-division/page/2/#post-4476203 Thu, 23 Sep 2004 11:32:01 +0000 We are pretty well saying the same thing Monopoly. I completely agree with what you are saying. When I first came onto this forum I sort of thought that Steve would be much more active than what he is, and I thought that he would contribute more detailed information in response to questions. But then I suppose I realised that that is not what…[Read more]

]]> dae6ec0c4aa8df59818e806c3c7def01 MarkyMark replied to the topic Multiplication By Division in the forum General Property https://www.propertyinvesting.com/topic/4374058-multiplication-by-division/page/2/#post-4476201 Thu, 23 Sep 2004 04:16:22 +0000 Hi all,
I suppose from Steve’s perspective information is money and giving it away freely (that is absolutely no monetary or advertisement benefit etc) may not be something that he is interested in doing.

I have noticed that often some of the answers are pretty / very light. I think it also comes down to time management as well. What shou…[Read more]

]]> 0d4a8b6eba0586d20f8b43a14f7841e8 MarkyMark replied to the topic Managing Portfolio behind scenes cont... in the forum General Property https://www.propertyinvesting.com/topic/4375502-managing-portfolio-behind-scenes-cont/#post-4486658 Thu, 19 Aug 2004 02:38:30 +0000 Hi Terry,
I thought that you needed to have equity in the property in order to get the LOC? There for the LOC is secured against existing capital.

Is it not?

MarkyMark

]]> 963640fdcd9aa6bf2cdce50c0c2831ae MarkyMark replied to the topic Managing Portfolio behind scenes cont... in the forum General Property https://www.propertyinvesting.com/topic/4375502-managing-portfolio-behind-scenes-cont/#post-4486656 Wed, 18 Aug 2004 09:40:57 +0000 To put it another way,
Say you have a card with a $9000 limit but you have not used it in any way, so its just sitting there doing nothing (i.e. you do not owe any money on it). The bank will take the full $9000 into account when you apply for a loan.

A Line of credit is different in the way that you are drawing down from existing capital.

MarkyMark

]]> 0bc59cd67edc87536921cba5bd243590 MarkyMark replied to the topic Managing Portfolio behind scenes cont... in the forum General Property https://www.propertyinvesting.com/topic/4375502-managing-portfolio-behind-scenes-cont/#post-4486652 Tue, 17 Aug 2004 08:11:21 +0000 Thanks everyone,
I sat down and drew few diagrams so I was clear on what each of you were saying.

I think using a 55 days interest free Credit Card for all expenses in conjunction with an offset account is a pretty good idea. Just need to be disciplined.

I have a trust set up and I have a business account for the trust. If I have a personal…[Read more]

]]> 57c57c106744260a96f54633265cfff6 MarkyMark replied to the topic Lease option Rockhampton in the forum No Subject https://www.propertyinvesting.com/topic/4375512-lease-option-rockhampton/#post-4486778 Mon, 16 Aug 2004 12:45:10 +0000 Hi Scullyman,
I have a place in North Rocky near the Frenchville Sports club. I have had other plans for it. But we can have a chat about doing something with that if you want.

Just PM me if you want.

Anyway good luck with your landlord.

MarkyMark

]]> 8d4e70320129a694081ea934df0ac713 MarkyMark replied to the topic Managing portfolio behind the scenes in the forum General Property https://www.propertyinvesting.com/topic/4375501-managing-portfolio-behind-the-scenes/#post-4486641 Sat, 14 Aug 2004 23:14:51 +0000 Hi Guys,
Thanks for the comments. Yeah, I think by this discussion it is evident that I could be more proactive as to communicating how I want things done.

I think I have taken a bit of a passive stance and just gone with the flow. This is not really my character, I think in this case it was all pretty new to me and the bulk of my research was…[Read more]

]]> 84bfd8222593aab277887a4265518934 MarkyMark replied to the topic Managing Portfolio behind scenes cont... in the forum General Property https://www.propertyinvesting.com/topic/4375502-managing-portfolio-behind-scenes-cont/#post-4486646 Sat, 14 Aug 2004 23:11:21 +0000 Hi Barnsey,
Thanks for the info. I think im going to spend a bit of time doing some research on this. Your suggestion sounds good, and has helped me to think of a few things that should be considered.

MarkyMark

]]> 8d2bbf1054c5435bdcdfc2f5235e93f8 MarkyMark replied to the topic Renting in rockhampton in the forum General Property https://www.propertyinvesting.com/topic/4375455-renting-in-rockhampton/#post-4486330 Sat, 14 Aug 2004 22:48:09 +0000 Hi TheCrest
Do you think there is the potential for the PM to just put any old tenant in the property using this strategy?

In your experience as a PM, what steps can an investor take to sway the PM into working to get the best tenant that they come across into your property?

Thanks,
MarkyMark

]]> 34d2fd8de6cece0129dc4cb3ab5dc46d MarkyMark replied to the topic RE: The first home buyers grant. in the forum General Property https://www.propertyinvesting.com/topic/4375492-re-the-first-home-buyers-grant/#post-4486580 Sat, 14 Aug 2004 04:50:28 +0000 Hey Mobile Mortgage,
I think we both wrote that post at exactly the same time. I think that I pressed the “Post” button 2 seconds earlier than you. [cap]

Care for another race? [biggrin]

Just joking.

Markymark

]]> b873f66c9125041ea974b891aeae62b6 MarkyMark replied to the topic RE: The first home buyers grant. in the forum General Property https://www.propertyinvesting.com/topic/4375492-re-the-first-home-buyers-grant/#post-4486578 Sat, 14 Aug 2004 04:41:45 +0000 Hi Motivstorm,
You can actually do it. I sent asked the ATO and they confirmed it in an email to me. See extract from email. Check yourself if you want. The ATO are pretty good at getting back to you.

Section 14 (4) of the Act provides that an applicant is eligible for the grant if the applicant or the applicant’s spouse has, on or…[Read more]

]]> 8e56d2bc3e79583b16dee3a824dec18f MarkyMark replied to the topic Pos Cash Flow in the forum General Property https://www.propertyinvesting.com/topic/4375478-pos-cash-flow-2/#post-4486457 Sat, 14 Aug 2004 04:32:42 +0000 Hi Ko_star,
Welcome. Remember the formula is only a guide. You need to get all the numbers before you can really see to what extent it is positive.

Positive cashflow means that you have money left over after everything is paid.

MarkyMark

]]> bb60daf23b90ef47e19830549d2a7520 MarkyMark replied to the topic Managing portfolio behind the scenes in the forum General Property https://www.propertyinvesting.com/topic/4375501-managing-portfolio-behind-the-scenes/#post-4486636 Sat, 14 Aug 2004 04:19:19 +0000 Thanks guys,
My PM is pretty slack. I have to really squeeze everything out of him. He is not really that pro-active unfortunately. I have nearly dropped him a few times and gone with someone more professional, but just at the last minute he comes through with something good. So I think “oh he’s alright”. hmmm….

You guys that have…[Read more]

]]> 10f0b86e762911d337b84a50f58e0b5b MarkyMark replied to the topic RE: The first home buyers grant. in the forum General Property https://www.propertyinvesting.com/topic/4375492-re-the-first-home-buyers-grant/#post-4486575 Fri, 13 Aug 2004 11:11:20 +0000 You can buy the property and then move into it for about 6 months or something and then rent it out. Or you can rent it for up to 12 months after you bought it and then move in for your 6 months. You should always check the accurancy of information you get off a forum, I’d contact the ATO to confirm.

One thing to keep in mind is that even…[Read more]

]]> 727b4aa89b6d59d677f41a7f7e03f819 MarkyMark replied to the topic Renting in rockhampton in the forum General Property https://www.propertyinvesting.com/topic/4375455-renting-in-rockhampton/#post-4486328 Thu, 12 Aug 2004 22:45:40 +0000 I think thats a great idea by “thecrest”. Your really getting some leverage by this suggestion.

Have you used this idea before thecrest?

MarkyMark

]]> 0c6585ebd3f0b06add0fed5337fe8e4e MarkyMark replied to the topic Mining for returns - Rent vs Capital? in the forum No Subject https://www.propertyinvesting.com/topic/4375440-mining-for-returns-rent-vs-capital/#post-4486222 Thu, 12 Aug 2004 02:47:11 +0000 The property is not going to be eating away at borrowing capacity if,

– it is still positive at 80% of the rent
– it is still positive at 1.5% above the standard variable interest rate

Correct me if I am wrong

So if this is the case AND it also adheres to the other points mentioned then for me its ok.

I am not against capital gain, in fact…[Read more]

]]> e819c97707c4bd493179efc7eccc21ba MarkyMark replied to the topic Mining for returns - Rent vs Capital? in the forum No Subject https://www.propertyinvesting.com/topic/4375440-mining-for-returns-rent-vs-capital/#post-4486214 Wed, 11 Aug 2004 03:08:57 +0000 My opinion is that if you can find property that has good cash flow and no capital gain then that is ok as long as,

– The cash flow will continue. That is the town is not turning into a ghost town
– A principal and interest loan is taken, if you have a longer term view (I know some will not agree with me on this). For me I think if the debt…[Read more]

]]> 47db39bc2c03047f16098ac40e926c2e MarkyMark replied to the topic QLD properties in the forum General Property https://www.propertyinvesting.com/topic/4375429-qld-properties/#post-4486152 Wed, 11 Aug 2004 02:49:09 +0000 I think one “Mount” that you may want to avoid is “Mount Morgan” QLD

MarkyMark

I got this on that link KayHenry

This property is not available!

The details of this property are no longer available because the property has either been sold, leased, or removed for some other reason.

]]> 6ea570afded632117001a7284e878790 MarkyMark replied to the topic Renting in rockhampton in the forum General Property https://www.propertyinvesting.com/topic/4375455-renting-in-rockhampton/#post-4486323 Wed, 11 Aug 2004 02:42:26 +0000 Hi BJ,
I am surprised that your having trouble in Rocky. I have had no trouble at all. My property is on the North side. However, I know that there are some good areas on the south side as well.

Maybe you could offer a rent free period of 1 week. Maybe even advertise in the local paper yourself and then if you get the tenant you should not…[Read more]

]]> 3f3ea04e76cce21b043c1cddd68ef731 MarkyMark replied to the topic Sharing Tips- in the forum General Property https://www.propertyinvesting.com/topic/4374439-sharing-tips/page/2/#post-4479062 Sun, 08 Aug 2004 08:15:30 +0000 -Get good control of your finances first. If you cant manage what you’ve got, then you’ve got no chance of managing multiple investment properties

-There is a price for locals and a price for everyone else

-Understand the value of money. Every dollar is worth a lot in future dollars

MarkyMark

]]> e6a7b50ceb8a023f9223299de0b7bf20 MarkyMark replied to the topic How can I become accountant & financial planner? in the forum Finance https://www.propertyinvesting.com/topic/4374944-how-can-i-become-accountant-financial-planner/#post-4482336 Tue, 03 Aug 2004 11:00:39 +0000 I’ve got a business degree major in IT. I graduated about 3 years ago. I just looked into accounting recently (actually I am still researching/thinking about if I want to do it).

Anyway, if you have done the basic business degree then you should be able to get credit for all of the base business degree subjects. The reason for this is because…[Read more]

]]> a85f718481b9584688f2a7757f5fa645 MarkyMark replied to the topic land for subdivision in the forum Value Adding https://www.propertyinvesting.com/topic/4375189-land-for-subdivision/#post-4484239 Thu, 29 Jul 2004 00:51:22 +0000 Hi Guys,
Wouldn’t there be a cost to the buyer for applying for the council approval? Doesn’t the buyer have to seek council approval for the clause to be fulfilled?

]]> 7b452f71de5059a082fedff70cdf0136 MarkyMark replied to the topic Rockhampton Due Diligence Help in the forum General Property https://www.propertyinvesting.com/topic/4374962-rockhampton-due-diligence-help/#post-4482480 Fri, 16 Jul 2004 06:34:39 +0000 North Rocky is good, also around the hospital is a good area. I bought a place a few months ago in North Rocky near the Frenchville Sports club. It’s a good area. I got tenants immediately and it is cash flow positive. I had to do a little bit of work on the place, as it was a bit run down.

I’ve heard bad reports about Depot Hill, and I did…[Read more]

]]> de30df49026c59d268980c0e70c1bee0 MarkyMark replied to the topic Falling Prices - Negative Equity in the forum General Property https://www.propertyinvesting.com/topic/4374126-falling-prices-negative-equity/page/2/#post-4476710 Wed, 02 Jun 2004 06:54:16 +0000 Hi all,
I agree with ANUBIS this forum seems to be getting more and more aggressive. I don’t know why. It’s a pity because Steve has done a great job with the products, site, newsletter etc that he has produced and it would be a pity to see things go to the dogs.

I know your going to rip my throat out for this Nat. But if you think its a s…[Read more]

]]> 237a56092a98352b029d297df65ae8a6 MarkyMark replied to the topic Multiplication By Division in the forum General Property https://www.propertyinvesting.com/topic/4374058-multiplication-by-division/#post-4476168 Sun, 30 May 2004 13:18:22 +0000 Hi Steve,
I can see what your saying and I can remember you talking about this issue in your seminar.

I have a few questions that I think are best presented in an example. Feel free to shoot me down in flames. The first question is,

How did you come to the figure of 80% being the amount that you needed to borrow to ensure continued growth? I…[Read more]

]]> 6769c92f09c0cf466d107399163b7a94 MarkyMark replied to the topic Robert G Allen in the forum Heads Up! https://www.propertyinvesting.com/topic/4373814-robert-g-allen/page/4/#post-4474483 Sun, 30 May 2004 05:00:35 +0000 I went to his presentation in Sydney. I found it interesting.
I think the main difficulty (evident from this discussion) is the problem that we face as consumers trying to work out whether seminars are worth it or not.

We all have these ways of trying to evaluate their worth. Some try to measure it by saying that this sort of information is…[Read more]

]]> 3cae9e396b3d70795960ae9b646a118a MarkyMark replied to the topic What's your problem? in the forum Finance https://www.propertyinvesting.com/topic/4373902-whats-your-problem/#post-4475039 Sat, 22 May 2004 01:40:57 +0000 Derek,
What is a ‘puppies’ artical?

]]> 0b7dd106a4ed8693fe9160f2b668cc5e MarkyMark replied to the topic What's your problem? in the forum Finance https://www.propertyinvesting.com/topic/4373902-whats-your-problem/#post-4475037 Sat, 22 May 2004 01:00:03 +0000 Hi Stuart,
I have read a few of your articles, and they were great!!

I even contacted you on two separate occasions to get some further clarification on them. Both times you contacted me back straight away, much appreciated. Thanks again.

So I feel compelled to come up with some ideas. How about,

– I personally would love to know how to…[Read more]

]]> 0c1f0acfc2ed021bc330d80e39329c2d MarkyMark replied to the topic Forum visitors in decline in the forum General Property https://www.propertyinvesting.com/topic/4373800-forum-visitors-in-decline/page/3/#post-4474344 Fri, 21 May 2004 04:31:45 +0000 Hi all,
I have not really been on this forum for that long and I agree that many of the posts often end up in some sort of argument. On the positive side this forum has been a great source of information and I have made some great contacts.

One thing that I have noticed is that on Jan Sommers forum allot of the messages within a topic are quite…[Read more]

]]> 68058ace8028c054f5960e8223eff611 MarkyMark replied to the topic Trust account in the forum General Property https://www.propertyinvesting.com/topic/4373835-trust-account/#post-4474612 Fri, 21 May 2004 02:18:57 +0000 I am the trustee of the trust at this point, and I really think that keeping the money totally separate is the best thing to do. I want to keep it simple.

I dint see why I would need to be audited every year. But I would like to be able to welcome an audit if it did come.

Macquarie Bank have a cash management Trust account. There is a…[Read more]

]]> 9710ce4e2dbd7bb4b0556ffee8d97ff3 MarkyMark replied to the topic Confussed ! in the forum Help Needed! https://www.propertyinvesting.com/topic/4373852-confussed/#post-4474714 Fri, 21 May 2004 00:09:39 +0000 Hi Connie,
Make sure you do your research on this unit that you are talking about. The term “nice unit” seems to have allot of emotion involved with it.

I have heard experienced investors say don’t buy on emotion, buy on the numbers. When I first read that I thought “yeah no worries easy” but then I soon realised how strong the emotion thing is.…[Read more]

]]> 738c928adbc2c3af4cf0b9d38a22c241 MarkyMark replied to the topic CONFUSED!! Does this qualify as a +ve cash flow? in the forum Help Needed! https://www.propertyinvesting.com/topic/4373716-confused-does-this-qualify-as-a-ve-cash-flow/page/2/#post-4473784 Tue, 18 May 2004 22:34:03 +0000 Hi Rob,
Yes, my terminology is not correct. I did mean “Margin” call, not “option”. Thanks for picking that up. But the concept is still intact.

As far as I am aware I am correct with this and it is in fact possible. If the asset (house and land) that the financial institution has secured against drops in value beyond an acceptable ratio then…[Read more]

]]> fab49f4fac5743c43acdf966be1ba72f MarkyMark replied to the topic CONFUSED!! Does this qualify as a +ve cash flow? in the forum No Subject https://www.propertyinvesting.com/topic/4373716-confused-does-this-qualify-as-a-ve-cash-flow/page/2/#post-4473781 Mon, 17 May 2004 23:20:28 +0000 Hi Karl and Rita,
Concerning your deal, as mentioned if you follow what Steve teaches, I think that one would not take that deal as it stands.

I am finding that there are 2 sorts of CF+ deals those you find and those you create. If this property is in a good area, with good population and easily rentable, I think with a yield of 8.84 you may…[Read more]

]]> 32eb5b33f29b11acf862b9e08dddafc3 MarkyMark replied to the topic Re-value now or later? in the forum General Property https://www.propertyinvesting.com/topic/4373751-re-value-now-or-later/#post-4474029 Mon, 17 May 2004 01:51:45 +0000 Just on this comment by 1HotValuer.

eg. Value the property as if it has already been renovated/extended at the date of inspection, therefore your value will be higher automatically without any works commenced of which you can borrow money off

I am not following.
– I understand that I can get a valuer in to provide a figure on what the value…[Read more]

]]> 7908a972b62565d9fa2be3b644dd68e9 MarkyMark replied to the topic Re-value now or later? in the forum General Property https://www.propertyinvesting.com/topic/4373751-re-value-now-or-later/#post-4474025 Mon, 17 May 2004 00:33:45 +0000 Ok I agree with that.
But lets just look at it from a general higher-level overall market view. If interest rates are moving up and affordability is peaking (generally speaking), and there are more sellers in the market than buyers then this would indicate the opening of a buyers market.

So to refine the question a little to what extent will a…[Read more]

]]> b72d2a1d054aa6c7e7d702dd70217cb2 MarkyMark replied to the topic Student accommodation in the forum General Property https://www.propertyinvesting.com/topic/4373691-student-accommodation/#post-4473468 Sun, 16 May 2004 08:38:39 +0000 Hi all,
Thanks heaps for the comments, I really appreciate and value the various comments.

I have been doing some more research on it. So far, I don’t have much to report but I have about 2 full pages of questions and subject areas to look into.

I have quickly realised that there is a considerable number of things to be careful of and to r…[Read more]

]]> 66ca80c80c6b03fa151e985aed87cd4d MarkyMark replied to the topic Advice please! in the forum General Property https://www.propertyinvesting.com/topic/4373680-advice-please-3/#post-4473402 Fri, 14 May 2004 04:49:43 +0000 The way I have learnt so far is,
Read heaps of books, read everything on this forum and the others that are around, like reno kings, Jan Sommers etc. Ask tones of questions. Get a broker and communicate with them, they are a wealth of knowledge (i can recommend one if you want) or ask others on the forum.

Forums I think are the best there is a…[Read more]

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