PropertyInvesting.com | michaelandre70 | Activity https://www.propertyinvesting.com/members/michaelandre70/activity/ Activity feed for michaelandre70. Tue, 14 Apr 2026 22:30:40 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 17b6207e9a696f6b7e40ea4d8513004a michaelandre70 replied to the topic First time investment in the forum Help Needed! https://www.propertyinvesting.com/topic/4402881-first-time-investment/#post-4642566 Thu, 24 Feb 2011 03:51:37 +0000 make sure both you and your wife can get a job when you move to the new town and borrowing money is not a problem.Darek – agree with you on the classic saying – sometimes you just have to take a chance. but i think taking some precaution so that the risk is minimized, would be better.

]]> 458d37d6103efd8f6ac4d31e8122654b michaelandre70 replied to the topic What happens in a negative equity situation in the forum Help Needed! https://www.propertyinvesting.com/topic/4402873-what-happens-in-a-negative-equity-situation/#post-4642518 Thu, 24 Feb 2011 03:42:22 +0000 i was thinking the same, but amazingjeffery put the question first. thanks!

]]> 177b14a89b2082fb608cea69e3bd0c65 michaelandre70 replied to the topic Help... Bad tennants and damage in the forum General Property https://www.propertyinvesting.com/topic/4402884-help-bad-tennants-and-damage/#post-4642617 Thu, 24 Feb 2011 03:31:42 +0000 hi Rachel,thanks for sharing your experience. there are people who damage others property without eventing the consequence of it. as far as the three boys and weekend party is concerned, i think you should do something about it before the whole neighbor starts complaining!

]]> 5b45bec84dbbb70a745a7dd3f1a859c1 michaelandre70 replied to the topic Can property make you rich in five years? in the forum does not the word rich refer https://www.propertyinvesting.com/topic/4402883-can-property-make-you-rich-in-five-years/#post-4642576 Thu, 24 Feb 2011 03:22:33 +0000 does not the word rich refer to the amount of wealth a person has? that is the more a person is wealthy, the richer he is.

]]> c171e8e88c2a30213ac21bad8fcfe7a7 michaelandre70 replied to the topic Advice needed, first home buyer in the forum General Property https://www.propertyinvesting.com/topic/4402856-advice-needed-first-home-buyer/#post-4642417 Mon, 21 Feb 2011 14:13:12 +0000 Gary,You should keep pushing the agent to refund your deposit. Or you could directly talk to the boss of the agent. As far as raising your offer is concerned, that depends on how much you can afford and whether the property is worth that much or not. you could check out the price of other houses around before you make another bid.Cheers!

]]> 09c5fc73b792b2ea3a7f9f8c270e49d4 michaelandre70 replied to the topic ?? pls explain the term---- alternate uses? in the forum Help Needed! https://www.propertyinvesting.com/topic/4402859-pls-explain-the-term-alternate-uses/#post-4642436 Mon, 21 Feb 2011 14:06:27 +0000 maybe you could post the whole sentence here so that the members here could be of help.just the words make it hard to explain.Cheers!

]]> 3fb8cffa239f65302b578e86701c2308 michaelandre70 replied to the topic Where to buy Frankston area / Mornington peninsula (VIC) in the forum Help Needed! https://www.propertyinvesting.com/topic/4402720-where-to-buy-frankston-area-mornington-peninsula-vic/#post-4641434 Mon, 21 Feb 2011 14:03:53 +0000 Welcome Laurie. hope the members here will be able to answer your query and provide you with the best advice.Good luck on your purchase and wish you have a happy journey here.Cheers!

]]> c587231f5c77a4c7f3c90b437766fd8e michaelandre70 replied to the topic Tenants here one day gone the next in the forum Commercial Property https://www.propertyinvesting.com/topic/4402840-tenants-here-one-day-gone-the-next/#post-4642349 Sun, 20 Feb 2011 15:20:30 +0000 Good example on the relocation, Scott.Generally tenants stay as long as the lease permit. I think they can also leave early by giving the owner a prior notice. Correct me if i am wrong.

]]> c6cf04f247c8368b7995163055f160cd michaelandre70 replied to the topic to sell or stay? in the forum Help Needed! https://www.propertyinvesting.com/topic/4402843-to-sell-or-stay/#post-4642368 Sun, 20 Feb 2011 15:14:07 +0000 Before taking the final decision, I would suggest you to calculate the payments/costs for each scenario and also the expected return and find out which one gives you better cashflow or return on investment.

]]> 9fa2ffc74de26880c141ec6c8bbff248 michaelandre70 replied to the topic Agent failed to disclose an offer in the forum Bad experience! you should https://www.propertyinvesting.com/topic/4402844-agent-failed-to-disclose-an-offer/#post-4642378 Sun, 20 Feb 2011 14:55:03 +0000 Bad experience! you should consider hiring a new agent. which agency was it?

]]> 9e68b8d6f60e02eb6bb1bab0a63e6453 michaelandre70 replied to the topic Newish Units vs Older Units - Any advice appreciated in the forum Help Needed! https://www.propertyinvesting.com/topic/4402846-newish-units-vs-older-units-any-advice-appreciated/#post-4642382 Sun, 20 Feb 2011 14:48:48 +0000 I think the newish unit would be better, taking into consideration the maintenance and repair costs.

]]> 37363520ccbf7dcc965b93b08630a1c6 michaelandre70 replied to the topic Renting a house FROM your tennant in the forum Help Needed! https://www.propertyinvesting.com/topic/4402834-renting-a-house-from-your-tennant/#post-4642310 Sat, 19 Feb 2011 14:40:31 +0000 Have not heard of such thing actually. Assuming that you build the house out of loan, so you need to pay for the repayment, which I assume you will make out from the rent you receive from your sister and same goes for your sister. so why not stay in your own house and make the repayment out of the money that you would have to pay as rent…[Read more]

]]> 86e55edba053a1a8100448a44c4749b4 michaelandre70 replied to the topic how to record mortgage to me on my son's home purchase which may become rental property later in the forum wonderful and informative https://www.propertyinvesting.com/topic/4402790-how-to-record-mortgage-to-me-on-my-sons-home-purchase-which-may-become-rental-property-later/#post-4641897 Sat, 19 Feb 2011 14:21:11 +0000 wonderful and informative post. thank you all for contributing and enriching the topic in concern.

]]> c03ab74ebe98920147ac265d36bd3cb1 michaelandre70 replied to the topic Our beginnings in the property journey! in the forum General Property https://www.propertyinvesting.com/topic/4402828-our-beginnings-in-the-property-journey/#post-4642283 Sat, 19 Feb 2011 05:51:57 +0000 A warm welcome to you in the forum. Wish you have a great time here and all the best for you plans.Cheers!

]]> b128f98bd9b928fbc87b1b03b7123c69 michaelandre70 replied to the topic MyUSAProperty - Beware !!! in the forum Overseas Deals https://www.propertyinvesting.com/topic/4401605-myusaproperty-beware/page/2/#post-4634577 Sat, 19 Feb 2011 05:46:45 +0000 Sorry to hear about your experience AussieFly. Do post us the updates.

]]> 7bddf8837834a2f20a8770999c841cfb michaelandre70 replied to the topic Building Inspections in the forum Help Needed! https://www.propertyinvesting.com/topic/4402829-building-inspections-5/#post-4642286 Sat, 19 Feb 2011 05:22:43 +0000 I completely agree with traolcoladis. The agents want to make their sale without any complicated matters arising. As far as I know building inspection is necessary before making the purchase, so that you are on a safe side.You could ask other agents whether they allow it, and then tell your agent that others allow it, so why can not she?Good luck…[Read more]

]]> 6bbc9f09715d61047e061af944cc9e75 michaelandre70 replied to the topic Settlement date...no funds in the forum Help Needed! https://www.propertyinvesting.com/topic/4402784-settlement-date-no-funds/#post-4641870 Sat, 19 Feb 2011 05:04:23 +0000 The lady failing to get her retirement fund and putting you in a bad shape. I am sure she did not anticipate it to happen, neither have you. I do agree with you that she should have had an alternative to make your payment.I would agree with the advice by deeplead and Scott.Hope things end up well for you.

]]> ac72333a1e3bd2a677b4b068e928183f michaelandre70 replied to the topic Which is better CPI or % Increase in the forum Commercial Property https://www.propertyinvesting.com/topic/4402799-which-is-better-cpi-or-increase/#post-4641975 Fri, 18 Feb 2011 05:54:50 +0000 Good points noted by xdrew.Is there any standard annual rental increase that can be followed to be on a safe side?

]]> 73b30396b1e6366254f5ef6ca8b5846d michaelandre70 replied to the topic Plans of Subdivision in the forum Help Needed! https://www.propertyinvesting.com/topic/4402819-plans-of-subdivision/#post-4642132 Fri, 18 Feb 2011 05:46:16 +0000 Good post. Thanks to DWolfe for sharing the information in details. I agree with you on the note of asking as much question as possible to the draftsman. You should clear all your doubts and have a clear idea about what is going around before proceeding.

]]> bdf9d648e16749b3c765414d4b2c3974 michaelandre70 replied to the topic lease renewal fee's ??? in the forum General Property https://www.propertyinvesting.com/topic/4402253-lease-renewal-fees/#post-4638547 Thu, 10 Feb 2011 16:10:15 +0000 good bargain from $700  to only $18.are the lease fees always a percentage of the rent or are there companies who charges a fixed amount no matter what the rent is?

]]> eeb6d2f251d3c61a7c27323ee2ba1b97 michaelandre70 replied to the topic MIAMI (ad)VICE in the forum Overseas Deals https://www.propertyinvesting.com/topic/4401354-miami-advice/page/16/#post-4633083 Thu, 10 Feb 2011 16:05:41 +0000 Miami indeed is a great place to invest in. i think the long term investors are not at risk as property prices always go up in the long run. on the other hand, the investors who want to spend for short term might me anxious about the recession that is anticipated to hit this year.

]]> d28c497de154b6d45ea29b42a22c8c88 michaelandre70 replied to the topic If I were a millionaire.... in the forum Forum Frolic https://www.propertyinvesting.com/topic/4401254-if-i-were-a-millionaire/#post-4632172 Thu, 10 Feb 2011 15:56:57 +0000 I think to be a millionaire you need to have the confidence in you, the ability and luck. throughout one's life comes a number of opportunities. all you need to do is pick the right opportunity!!

]]> d198e072ae5964173a9857bb1ff33b19 michaelandre70 replied to the topic List of financiers to be very wary of. in the forum Opinionated! https://www.propertyinvesting.com/topic/4402006-list-of-financiers-to-be-very-wary-of/#post-4636990 Thu, 10 Feb 2011 04:10:27 +0000 Very good post indeed. It would be more helpful if others could also add up to the list, so that we have a full list of financiers with whom we should pay extra caution to.

]]> 0df9175752a5b9532b1b3f10ba5a8496 michaelandre70 replied to the topic want to buy apartment in the forum Help Needed! https://www.propertyinvesting.com/topic/4402733-want-to-buy-apartment/#post-4641533 Wed, 09 Feb 2011 17:22:15 +0000 the best way to know the price is to see the price of similar property in the surrounding area. buyers agents usually have better information. so if you are not an experienced or do not know the neighborhood well, I would personally suggest you to get an agent. this will also save you from unanticipated trouble. make sure you choose an agent who…[Read more]

]]> 85eb7ebc1ec79be9d775301a2005e3e3 michaelandre70 replied to the topic Auction on Saturday in the forum Help Needed! https://www.propertyinvesting.com/topic/4402732-auction-on-saturday/#post-4641531 Wed, 09 Feb 2011 17:13:45 +0000 Auctions are different and if you are not experienced, then it would be wise to attend a few just to observe what goes around before you attend one and make a bid. You must have your finance ready as well (considering the fact that you are not financing from your own pocket) since you will be legally obliged to buy the property if you win the…[Read more]

]]> df85bd177fad2357f9da8f08b11bdea9 michaelandre70 replied to the topic How to stay calm with a bad commercial property investment? in the forum Commercial Property https://www.propertyinvesting.com/topic/4402727-how-to-stay-calm-with-a-bad-commercial-property-investment/#post-4641494 Wed, 09 Feb 2011 17:07:00 +0000 I also agree with Scott that it is time for reviewing the performance of your agent. Try to get a better agent. In that note you should take recommendations from people you know so that you can trust the work and words of the new agent that you select.

]]> 2b23826e3943aedc07265b99ea50c843 michaelandre70 replied to the topic Australian Property Tax Regulation in the forum Help Needed! https://www.propertyinvesting.com/topic/4402723-australian-property-tax-regulation/#post-4641455 Wed, 09 Feb 2011 04:07:47 +0000 i am a bit confused. so anyone who does not live in Australia, but have an investment there would be treated as a non resident? i also would like to know whether the non residents have to pay more tax than the residents or not.

]]> 29651fba1f6f8a73e65e2b2521501371 michaelandre70 replied to the topic HouseBuyers USA in the forum jeff2investUSA wrote:RickH https://www.propertyinvesting.com/topic/4402605-housebuyers-usa/page/2/#post-4640649 Wed, 09 Feb 2011 03:58:26 +0000 jeff2investUSA wrote:

RickH wrote:
Jeff,Why do you say that ?What evidence do you have to support your statement ?I have looked into KC and their are good and shocking parts (like all cities). The middle of the run areas still provide solid returns.It is a stable city and UE rates ect are all at are below national averages. I am happy to read…[Read more]

]]> f7eb77dab95c4d18aa1b462a1030cf42 michaelandre70 replied to the topic The best Structure for me? in the forum Finance https://www.propertyinvesting.com/topic/4402673-the-best-structure-for-me/#post-4641047 Sat, 05 Feb 2011 07:00:25 +0000 I also had similar type of query. Thanks to you all for taking time to provide with the information.

]]> a1d28c7f4dc1cfa56c8afa9fbcb1b17f michaelandre70 replied to the topic No Housing Bubble in Australia...is there? in the forum fWord wrote:MRW wrote:may as https://www.propertyinvesting.com/topic/4400323-no-housing-bubble-in-australia-is-there/page/6/#post-4626653 Sat, 05 Feb 2011 06:55:40 +0000 fWord wrote:

MRW wrote:
may as well keep this discussion going.http://seekingalpha.com/article/246486-australia-the-last-epic-bubble-formulating-a-coherent-investment-strategyI have no idea who this guy is, whether what he says is valid or not. Interesting read though.Who knows!– Mark

Interesting read, and judging by the comments, there's a…[Read more]

]]> 8d2fb6450e3d614a6088c7a8b87957d5 michaelandre70 replied to the topic Student Accomdation! in the forum Commercial Property https://www.propertyinvesting.com/topic/4402364-student-accomdation-2/#post-4639202 Tue, 01 Feb 2011 09:40:11 +0000 You will have a time time finding it i assume. Try to ask th e people those live nearby, they might come in handy since they faced this problem earlier…

]]> b3e9454f03d97b9665b5df1dab2afa77 michaelandre70 replied to the topic Motel First Time Prospecting Buying & Operating Lease or Freehold Questions in the forum Commercial Property https://www.propertyinvesting.com/topic/4402535-motel-first-time-prospecting-buying-operating-lease-or-freehold-questions/#post-4640159 Tue, 01 Feb 2011 09:37:10 +0000 All the best with the venture…

]]> eb2c4aa80c63a35ce2ccbb6f12a02618 michaelandre70 replied to the topic property manager in Gladstone in the forum Help Needed! https://www.propertyinvesting.com/topic/4402628-property-manager-in-gladstone/#post-4640757 Tue, 01 Feb 2011 09:36:06 +0000 If you are still searching, try Legacy Realty Group. They are probably the best….

]]> 1d0c24e9fcfa21f5a87ba5e22bf2dba9 michaelandre70 replied to the topic 2nd Investment Property in the forum I think the second option is https://www.propertyinvesting.com/topic/4402627-2nd-investment-property-3/#post-4640756 Tue, 01 Feb 2011 09:33:51 +0000 I think the second option is better – saving an independent deposit on house 2. It will give you more flexibility.

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