PropertyInvesting.com | millions | Activity https://www.propertyinvesting.com/members/millions/activity/ Activity feed for millions. Wed, 15 Apr 2026 04:23:25 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 9b09ecf6b814abbe138d18432fd47c72 millions replied to the topic Whats your 2008 investment strategy? in the forum Opinionated! https://www.propertyinvesting.com/topic/4391769-whats-your-2008-investment-strategy/#post-4579229 Sat, 19 Jul 2008 09:03:23 +0000 Wealth Accumulator wrote:

millions wrote:
Hi Mathew,My plans are:- Get a new accountant, (i've got a couple in mind) before I do anything discuss my goals with them – unless they hold a financial services licence or a real estate licence they can only advise on tax issues – get the full picture not just tax– No share purchases, offload the…[Read more]

]]> 0a186b39a41301e2301bf7dd34290f61 millions replied to the topic Whats your 2008 investment strategy? in the forum Opinionated! https://www.propertyinvesting.com/topic/4391769-whats-your-2008-investment-strategy/#post-4579228 Tue, 25 Mar 2008 04:40:02 +0000 nedkelly wrote:
I have just purchased a couple of bargain properties in Perth 

Why do you consider them a bargain?  Are they below replacement cost or close to land value?  Are the properties further than 20k from city?  Thanks, Linda

]]> e924f19b09e6647e9161a73770258ca9 millions replied to the topic Investing Full-Time in the forum Help Needed! https://www.propertyinvesting.com/topic/4389933-investing-full-time/#post-4569367 Sun, 17 Feb 2008 01:05:48 +0000 Our net worth is 1.2m.  I haven't worked for 9 years (since I was 25) but hubby is working.  We have neg cashflow of about $2k per year.  2 of our properties are development sites.  My husband can stop working once we develop them.  We should be able to keep about 8 units and sell 6 units to pay off developing costs.  The Zoning changes have been…[Read more]

]]> b5f1b1297d5309c80a9498225bc9a127 millions replied to the topic Perth Property Investing Group get together 30th January 2008 in the forum Heads Up! https://www.propertyinvesting.com/topic/4392117-perth-property-investing-group-get-together-30th-january-2008/#post-4581698 Sat, 16 Feb 2008 07:51:54 +0000 The next meeting will be held on 27th February and further details will be advised a few days before.  Cheers

]]> b2b2b377e4b4c99b5f27b5cf26ffaa96 millions replied to the topic Chan and Naylor accountants in the forum General Property https://www.propertyinvesting.com/topic/4392086-chan-and-naylor-accountants/#post-4581514 Sat, 09 Feb 2008 15:31:09 +0000 Thanks Trakka!  You're a star!  Linda

]]> 829c1351a0b1eefb7db6c2c7dd218573 millions replied to the topic Chan and Naylor accountants in the forum General Property https://www.propertyinvesting.com/topic/4392086-chan-and-naylor-accountants/#post-4581513 Thu, 07 Feb 2008 11:21:24 +0000 Could someone please tell me the contact details or any other info. for Chan & Naylor in Perth.   Thanks Linda

]]> 2580a22d38ef49860fb3fe55a09f994d millions replied to the topic 50% discounted property buying trips in the forum Overseas Deals https://www.propertyinvesting.com/topic/4392178-50-discounted-property-buying-trips/#post-4582079 Sat, 02 Feb 2008 14:25:44 +0000 should i stay or should i go now………If I stay there will be trouble, If I go there will be double……

]]> d21cf417cbf8fee66c316c88113883f5 millions replied to the topic Renovation Help - Perth in the forum Value Adding https://www.propertyinvesting.com/topic/4392166-renovation-help-perth/#post-4582031 Fri, 01 Feb 2008 01:24:32 +0000 Try Clayton 0404 401 308 for carpentry and kitchens.  Doc Haywards Plumbing and Gas   0418902715Regards Linda

]]> a191e257e525a8935e72bdf653083cf2 millions replied to the topic INTERESTED in the forum Details are under Heads Up  https://www.propertyinvesting.com/topic/4392081-interested-2/#post-4581499 Mon, 28 Jan 2008 07:57:52 +0000 Details are under Heads Up  Column above, posted by KRS

]]> 716768abfe0ab40de333ffa92b97eb85 millions replied to the topic INTERESTED in the forum Forum Frolic https://www.propertyinvesting.com/topic/4392081-interested-2/#post-4581498 Sat, 26 Jan 2008 01:54:58 +0000 Hi Matt, Welcome to the forum.

]]> 3ff88d9d8a82ac57ff367a5c83fd3363 millions replied to the topic Building 2 Houses with Photos in the forum Thanks for reply Dave.  https://www.propertyinvesting.com/topic/4390949-building-2-houses-with-photos/#post-4574809 Sat, 26 Jan 2008 01:21:09 +0000 Thanks for reply Dave.  Looking forward to seeing more pic's.

]]> 1e5c4514a9ddb8f803aac4dc73665d6d millions replied to the topic WealthScore.... How Did You Go? in the forum General Property https://www.propertyinvesting.com/topic/4390643-wealthscore-how-did-you-go/#post-4573091 Thu, 24 Jan 2008 11:11:41 +0000 Wow Dazzling, that's brilliant!  What motivates you to continue working as an employee? 

]]> ef83606257e91e5de41469c941899133 millions replied to the topic Is property investing really all its cracked up to be? in the forum Help Needed! https://www.propertyinvesting.com/topic/4391500-is-property-investing-really-all-its-cracked-up-to-be/#post-4577563 Tue, 22 Jan 2008 09:18:40 +0000 I do love all of your stats Foundation.  Just wanted to let you know I think their will be a slowdown, but not for a couple of years yet.  I also think it would be fairly risky to purchase "any property" right now, and I personally wouldn't purchase today unless I found an undervalued area or property.

]]> 84835a67cc206c4d016762aa1fd8f349 millions replied to the topic Is property investing really all its cracked up to be? in the forum An old school friend of mine https://www.propertyinvesting.com/topic/4391500-is-property-investing-really-all-its-cracked-up-to-be/#post-4577562 Mon, 21 Jan 2008 11:04:24 +0000 An old school friend of mine said 8 years ago he wasn't going to buy a house in Brisbane as he was waiting for the prices to fall and wanted to save up a larger deposit.  In his spare time he studied "shares" and traded.  At the time he could of purchased a decent house in Wishart (9k's from city?).  Now that prices have risen, he still doesn't ha…[Read more]

]]> de6a5d89b17bcf7f5acd8ccc6b2bd1c2 millions replied to the topic property manager in perth ? mt lawley area in the forum General Property https://www.propertyinvesting.com/topic/4391205-property-manager-in-perth-mt-lawley-area/#post-4576146 Sat, 19 Jan 2008 00:29:24 +0000 suavemechanic, I was wondering how you went with a new property manager?  Linda

]]> b106cb077bfc9ce8ad155d4e95567f35 millions replied to the topic Buying Next Door in the forum Help Needed! https://www.propertyinvesting.com/topic/4391814-buying-next-door-2/#post-4579528 Wed, 16 Jan 2008 04:23:03 +0000 It sounds like a good plan to me. As you're not planning on selling dev't site in a hurry, I'd also see if your council and planning commission has long term plans to make the density even higher. i have a similar sized block in Perth which you can currently put 3 houses on. The town planner at council says in a couple of years they would like…[Read more]

]]> 4d23964662e0af962c4226415db97146 millions replied to the topic how did Steve McNight finance his properties? in the forum Finance https://www.propertyinvesting.com/topic/4391955-how-did-steve-mcnight-finance-his-properties/#post-4580774 Tue, 15 Jan 2008 10:55:22 +0000 Hi Steve, best wishes for your wife and your family!  Regards, Linda

]]> e0fad3ddc50f8a27de638af1641fa922 millions replied to the topic My first sub-division! in the forum Value Adding https://www.propertyinvesting.com/topic/4391910-my-first-sub-division/#post-4580468 Sat, 12 Jan 2008 01:30:23 +0000 Thanks Lisa, it's fun dealing with councils heh!  I hope it all goes well. 

]]> 772bfa4d2e1bde4ce8fbd0d5b1131105 millions replied to the topic Building 2 Houses with Photos in the forum Thanks for sharing your https://www.propertyinvesting.com/topic/4390949-building-2-houses-with-photos/#post-4574808 Sat, 12 Jan 2008 01:22:11 +0000 Thanks for sharing your experiences guys!  Did you attend any seminars or purchase anything to prepare you for your development?What is the first thing you need to do after you've purchased your site?  –  ( I have a duplex and triplex site already)  Speak to council town planner, hire your own town planner, hire a good surveyor or something dif…[Read more]

]]> 1724df8f24353bc5b80cbf12eb6a0a73 millions replied to the topic Do RE agents treat investors and would be home owners differently? in the forum I pretend that I don't like https://www.propertyinvesting.com/topic/4391914-do-re-agents-treat-investors-and-would-be-home-owners-differently/#post-4580499 Fri, 11 Jan 2008 10:09:47 +0000 I pretend that I don't like the property and I pick out the faults as we go through.  I felt really uncomfortable purchasing one of our properties as I felt it was on the market too cheap so I told the agent it was to be our PPOR instead of investment.  I always tell agent I've had finance approval as that helps with your negotiations as Marc m…[Read more]

]]> 0b5af32856ffbb4928a36a8984551111 millions replied to the topic My first sub-division! in the forum Value Adding https://www.propertyinvesting.com/topic/4391910-my-first-sub-division/#post-4580467 Fri, 11 Jan 2008 09:09:57 +0000 Congrats Lisa!  Do you have to pay for the bus stop relocation?  Regards, Linda

]]> 47d11e7609d11a72e410a8e860904498 millions replied to the topic The property that can't be sold. in the forum Help Needed! https://www.propertyinvesting.com/topic/4391823-the-property-that-cant-be-sold/#post-4579592 Thu, 10 Jan 2008 01:19:57 +0000 I think if you take an ordinary house and make some small improvements it can make a huge impact on peoples emotions. A couple of times we've just tidied up some yards, trimmed trees and shrubs, added a garden and mulched it. They amount of positive comments from neighbours is proof it makes a big impact. Maybe that may be a better soloution…[Read more]

]]> ae836444ab2f533070ce7deea1dfd816 millions replied to the topic The property that can't be sold. in the forum Help Needed! https://www.propertyinvesting.com/topic/4391823-the-property-that-cant-be-sold/#post-4579591 Tue, 08 Jan 2008 01:56:14 +0000 L.A Aussie wrote:

millions wrote:
I remember seeing a property on the market for about 2 years. The owners ended up having the bricks, windows, etc painted white and roof and gutters dark grey and then it sold straight away.

Did it sell for the asking price?Could work, but what will probably happen in a town like this is the cost of the…[Read more]

]]> 0301e44e8ddcd6849182f31fec945744 millions replied to the topic Landlord Insurance for nutty tenants?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4391852-landlord-insurance-for-nutty-tenants/#post-4580169 Mon, 07 Jan 2008 08:42:58 +0000 It sounds like my friends neighbours in Beenleigh.

]]> 6c565b4baaa9952d45e4b9161878c0ca millions replied to the topic Who knows how to locate a great Plumber & Gasfitter? in the forum Value Adding https://www.propertyinvesting.com/topic/4391783-who-knows-how-to-locate-a-great-plumber-gasfitter/#post-4579340 Mon, 07 Jan 2008 00:48:56 +0000 1. Twice in 4 yrs – once to unblock toilet, once to replace toilet.  Hubby is a construction plumber but prefers to deal with new toilets, and not handle our tenants poos.  (What a slacko)  In general we have 1-2 plumbing issues every 6 months for 4 properties.2. Word of mouth as much as possible for all trades.  We found our current plumber by…[Read more]

]]> 7129ae82c0d4e2105180f309e27f35b0 millions replied to the topic House near high voltage transmission lines in the forum General Property https://www.propertyinvesting.com/topic/4391816-house-near-high-voltage-transmission-lines/#post-4579541 Sun, 06 Jan 2008 06:52:46 +0000 It will NEVER be a sought after suburb and I'd purchase elsewhere.

]]> 489e58cf15ff10c2ca2361f897457ab4 millions replied to the topic The property that can't be sold. in the forum Help Needed! https://www.propertyinvesting.com/topic/4391823-the-property-that-cant-be-sold/#post-4579590 Sun, 06 Jan 2008 06:41:27 +0000 I remember seeing a property on the market for about 2 years.  The owners ended up having the bricks, windows, etc painted white and roof and gutters dark grey and then it sold straight away. 

]]> 22bcca3ab1b0b16837040911a62fbe78 millions replied to the topic Whats your 2008 investment strategy? in the forum Opinionated! https://www.propertyinvesting.com/topic/4391769-whats-your-2008-investment-strategy/#post-4579227 Wed, 02 Jan 2008 00:32:52 +0000 Hi Mathew,My plans are:- Get a new accountant, (i've got a couple in mind) before I do anything discuss my goals with them- No share purchases, offload the piddly amount of shares I currently own at a loss- No property purchases, do a minor reno on currently owned property, increase the rent on it, sell it for a good profit- Build 2 houses behind…[Read more]

]]> cb080de05d506bd89cb208f3fc1412ca millions replied to the topic Difference in House Price Reports in the forum If there is a low volume of https://www.propertyinvesting.com/topic/4391740-difference-in-house-price-reports/#post-4579090 Sun, 30 Dec 2007 07:16:09 +0000 If there is a low volume of sales for a period (eg 5 sales in 3 months), often they take into account the previous periods sales also and average the previous period as well. So in effect they ave 6 months, which in a rising market is very inacurate. Is the suburb you are referring to a "small" suburb, or a popular suburb with a small turnover?…[Read more]

]]> b60745761753efe72de3809f81fb5ba0 millions replied to the topic Hello Everyone! in the forum Forum Frolic https://www.propertyinvesting.com/topic/4391733-hello-everyone-2/#post-4579035 Sun, 30 Dec 2007 03:06:01 +0000 trakka wrote:
I don't think it's fair to say that commercial property is inherently riskier; it's all a matter of what you're comfortable with. Education and preparation can ameliorate risk!If you have commercial property with a long-term lease in place, I'd argue it's a less risky investment than residential, and more straightforward. It's much…[Read more]

]]> f3f38810cc3208ac641275a41ca534ba millions replied to the topic Hello Everyone! in the forum Forum Frolic https://www.propertyinvesting.com/topic/4391733-hello-everyone-2/#post-4579034 Fri, 28 Dec 2007 13:56:11 +0000 Steve, Isn't commercial property riskier?  L

]]> 4d38c008ca1ce4b6fc7c1c728b80c6ca millions replied to the topic The free Christmas surprise gift in the forum Forum Frolic https://www.propertyinvesting.com/topic/4391645-the-free-christmas-surprise-gift/#post-4578504 Wed, 12 Dec 2007 13:11:22 +0000 I liked the mystery prize!  My family and I had tears running down our faces.  Thanks Steve, Merry Christmas and have a fantastic festive season!  From Linda

]]> fbca50ef8d9864fe9962866d52e1ad98 millions replied to the topic $1M Achieved in the forum Handy Andy, that sounds good https://www.propertyinvesting.com/topic/4384066-1m-achieved/#post-4540045 Sun, 09 Dec 2007 09:56:21 +0000 Handy Andy, that sounds good but you forgot to mention your son waking you at 2.00am because he wet the bed, your daughter waking you at 7.00am because she can't find her favourite socks, and wife waking you at 7.30am because the toilet won't stop dripping.  LOL

]]> 9928126c6b335bc8dc3f9aacd85bd471 millions replied to the topic Clarkson - perth in the forum General Property https://www.propertyinvesting.com/topic/4391628-clarkson-perth/#post-4578415 Sun, 09 Dec 2007 03:04:13 +0000 I was googling Clarkson a while back and came across some comments from a government department  saying they wanted to improve Clarkson a little bit, but not too much as they didn't want it to compete with the Alkimos development.  Those comments turned me off purchasing in the suburb, but overall, I think the Alkimos land will be sold for a p…[Read more]

]]> 9decc89bd836ee7a7d06233250b5d216 millions replied to the topic Difference between builders in the forum General Property https://www.propertyinvesting.com/topic/4391626-difference-between-builders/#post-4578405 Sun, 09 Dec 2007 01:18:38 +0000 It may be quality.  More expensive building co's employ better tradespeople and pay them more.

]]> cb905be18b3c3fa3f48dfac16800eab8 millions replied to the topic $1M Achieved in the forum I think you've come alone https://www.propertyinvesting.com/topic/4384066-1m-achieved/#post-4540044 Sat, 08 Dec 2007 00:17:45 +0000 I think you've come alone really quickly Andy! What would you do with your spare time anyway? I want to travel Aus.

]]> 0c3a8227d3190a1145b8beacdfdb98a1 millions replied to the topic views , views .... in the forum General Property https://www.propertyinvesting.com/topic/4391580-views-views/#post-4578132 Fri, 07 Dec 2007 08:52:06 +0000 Hi Handy Andy, just curious, why Tas?  Cashflow?  Good excuse to holiday every year?  Spreading assets?  Cheap? Expecting  growth?  Expecting aging population to tree-change to cheaper area's.  Thanks, m

]]> bb9ca59790fe0a1efd88df79bd084433 millions replied to the topic views , views .... in the forum General Property https://www.propertyinvesting.com/topic/4391580-views-views/#post-4578131 Tue, 04 Dec 2007 04:20:38 +0000 Hi Luckyinvestor,  I was looking at a house at Ashfield, WA for sale opposite the river, uniterrupted views 9yrs ago for $250,000.  Now that house would be worth $1 mill.  I wasn't quite ready to buy when it was for sale and no other properties came on market when I was ready to buy.  Bummer!

]]> 9aa18053b23dcacd747569e7f1b65357 millions replied to the topic Property bust not here yet ... worse to come in the forum General Property https://www.propertyinvesting.com/topic/4385726-property-bust-not-here-yet-worse-to-come/#post-4548427 Mon, 26 Nov 2007 09:53:37 +0000 My prediction is interest rates will hit 10% in next 2 years.  I don't think it's a political decision, just how much interest rates need to rise to stop people spending.

]]> dfc339c5fedd41ee0eb363e547cfa7c5 millions replied to the topic WealthScore.... How Did You Go? in the forum General Property https://www.propertyinvesting.com/topic/4390643-wealthscore-how-did-you-go/#post-4573090 Sat, 24 Nov 2007 11:15:22 +0000 So does that mean you can retire nurve?  In my rough estimations I worked out you'd be able to retire at that score.

]]> 27e43b971c45aae5515423930db6a352 millions replied to the topic Is property investing really all its cracked up to be? in the forum Help Needed! https://www.propertyinvesting.com/topic/4391500-is-property-investing-really-all-its-cracked-up-to-be/#post-4577561 Sat, 24 Nov 2007 08:34:39 +0000 Have you filled your crack in yet?

]]> 563973b6cbdb2205f69dcf261c84a6f5 millions replied to the topic Land Prices in perth in the forum General Property https://www.propertyinvesting.com/topic/4391515-land-prices-in-perth/#post-4577739 Fri, 23 Nov 2007 10:39:10 +0000 270k for a block has become too expensive for majority of buyers. 

]]> 56f1039cda9bf759e1e49b1dc9e75ccd millions replied to the topic Is property investing really all its cracked up to be? in the forum Foundation, shouldn't you https://www.propertyinvesting.com/topic/4391500-is-property-investing-really-all-its-cracked-up-to-be/#post-4577560 Fri, 23 Nov 2007 10:16:00 +0000 Foundation, shouldn't you also be considering the growth of the property also with your rent stats against interest?  Just say for example if my portfolio increased by $1 million in 4 years, cost me $60,000 of my own money to hold the property and we were heading for a BIG correction (40%-very unlikely) so my propery went down by $400,000…[Read more]

]]> a19c1326d6d5e74c0b504fa0540607e4 millions replied to the topic Is property investing really all its cracked up to be? in the forum Help Needed! https://www.propertyinvesting.com/topic/4391500-is-property-investing-really-all-its-cracked-up-to-be/#post-4577559 Thu, 22 Nov 2007 09:02:12 +0000 In 1994 I purchased my first property for $95k.  Prices were almost at their peak in Bris and I was lucky enough to purchase at the bargain price as the unit was very orange (orange walls, orange curtains, smoke-stained orange chandeliers, and a very bitter neighbour).  I painted it and the bank re-valued it in 1995 at $116K.  In 1999 when I tri…[Read more]

]]> b1f69109bf2a707623f1077561407b98 millions replied to the topic Is property investing really all its cracked up to be? in the forum Help Needed! https://www.propertyinvesting.com/topic/4391500-is-property-investing-really-all-its-cracked-up-to-be/#post-4577558 Thu, 22 Nov 2007 08:39:32 +0000 Are you an Economist Foundation?

]]> 128a1858f03e83e99e78ef462963607b millions replied to the topic Investing in Texas US of A in the forum Overseas Deals https://www.propertyinvesting.com/topic/4388809-investing-in-texas-us-of-a/#post-4563876 Sat, 17 Nov 2007 03:19:11 +0000 http://promo.realestate.yahoo.com/most_undervalued_real_estate_markets.htmlI don't know if this info will be any good to anyone.

]]> 43514b9eef1f1c1959aceebe5752a81e millions replied to the topic Buying off the plan in the forum Help Needed! https://www.propertyinvesting.com/topic/4391431-buying-off-the-plan-7/#post-4577176 Tue, 13 Nov 2007 08:18:46 +0000 I noticed Margaret River WA does this also            which tends to keep property prices low.

]]> 9b09176ce3f62a4130a3f9c4acef23ed millions replied to the topic Buying off the plan in the forum Help Needed! https://www.propertyinvesting.com/topic/4391431-buying-off-the-plan-7/#post-4577175 Tue, 13 Nov 2007 08:11:26 +0000 I heard this a few     months    ago from a       friend of a friend that lives at Byron so  do your own  research.                                     (my space bar           just carced it)  About 6 – 12 months      ago               the council upped the rates massively todiscourage investors in Byron Bay.  Loads of investors offloaded the…[Read more]

]]> 6074a4b480a4c83e66be82afffc7b0d2 millions replied to the topic Screening for tenants in the forum Hi Barts78, yes I've had https://www.propertyinvesting.com/topic/4391429-screening-for-tenants/#post-4577167 Mon, 12 Nov 2007 12:03:59 +0000 Hi Barts78, yes I've had some interesting applicants… and a few of them that I wouldn't choose to live in my property have come from a property that has been managed by a Real Estate property manager.  It can be time consuming choosing a good tenant and I do sometimes wonder if someone with a porfolio of 100 tenants can find the time and effort…[Read more]

]]> 3d9b7d97704c34161a4e40d2064be917 millions replied to the topic Screening for tenants in the forum Help Needed! https://www.propertyinvesting.com/topic/4391429-screening-for-tenants/#post-4577166 Mon, 12 Nov 2007 09:42:21 +0000 1. In addition to application I ask for 2 writtten references, 3 payslips, photo ID (this quickly gets rid of applicants that turn up at 8.00am smelling like they've just finished a beer.2. Always ring previous landlord3. Always ring their bosses and get a verbal reference to find out if they are reliable/good employeeIf I still have doubts…[Read more]

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