PropertyInvesting.com | Mystery | Activity https://www.propertyinvesting.com/members/mystery/activity/ Activity feed for Mystery. Sun, 12 Apr 2026 11:26:07 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 d6843c9072a2f8cb78c696426c7e8cbb Mystery replied to the topic Which area for NSW IP's in the forum General Property https://www.propertyinvesting.com/topic/4408175-which-area-for-nsw-ips/#post-4681712 Wed, 28 Nov 2012 10:20:35 +0000 Andyk12, ……

I don't have the answers to your questions, but I do have some for you :

– have you spoken to any property managers to see what type of property is most in demand for rental in the various areas before you buy? you mention 3 or 4 bedroom, but have you researched.
– What have you found out from your own research about vacancy…[Read more]

]]> 41e013700b6d96da8cfdb3b9c5b94375 Mystery replied to the topic Settlement Delay! in the forum Just had a thought and I don https://www.propertyinvesting.com/topic/4408152-settlement-delay/#post-4681544 Mon, 26 Nov 2012 18:25:06 +0000 Just had a thought and I don't know the answer, but someone here may.

Take Mick64's case, ….. How long could settlement be delayed whilst negotiations between parties on the filthy state of the property and who cleans it continue. As a buyer you are probably okay with the delay as you are not making loan repayments until you settle, but the…[Read more]

]]> 62fefd447b15db53ca5d7824174bcc72 Mystery replied to the topic Settlement Delay! in the forum General Property https://www.propertyinvesting.com/topic/4408152-settlement-delay/#post-4681543 Mon, 26 Nov 2012 18:08:37 +0000 Terryw wrote:
Realistically what can you do other than settle?

Keys are often an issue – many people don't have keys for various doors in their houses – they may never have locked the door with a key for example.

Very true Terry, ….. One of the first things I do when buying is have a locksmith come in and change all the barrels to one key.…[Read more]

]]> 091cf923524dafe0593741ef13580bb6 Mystery replied to the topic Settlement Delay! in the forum General Property https://www.propertyinvesting.com/topic/4408152-settlement-delay/#post-4681539 Mon, 26 Nov 2012 06:22:55 +0000 Mick64, …. Just a thought, but if it has been left in this dirty condition shouldn't the tenants bond be used to cover any cleaning, repairs etc? This is presuming that the PM/Owner hasn't already given them the bond money back without a vacancy inspection.

Mystery

]]> ed474feef7b8319f17d654e689e07ab1 Mystery replied to the topic Average cost for plasterboarding in the forum Value Adding https://www.propertyinvesting.com/topic/4408149-average-cost-for-plasterboarding/#post-4681512 Sat, 24 Nov 2012 09:17:57 +0000 The Dark Knight wrote:
I'm about to start a Reno early next week and I've been able to obtain quotes for everything I'm not doing myself but unfortunately I can't get any plasterboarding quotes until mid next week. Just wondering what people have paid in the past for a wall in your average sized bedroom. Whether it be put on the frame or just…[Read more]

]]> bbd63bfdc84b766536cb6bafd6a14ca9 Mystery replied to the topic just been to a positive real estate investment seminar in the forum Just had a read of their web https://www.propertyinvesting.com/topic/4408134-just-been-to-a-positive-real-estate-investment-seminar/#post-4681385 Wed, 21 Nov 2012 08:55:24 +0000 JayT, ……

Just had a read of their web site …. what they offer sounds very much like a real estate agency in Perth that used to run one hour seminars on negative gearing which started me on my path wayyyyyy back in the mid 1980's. His name was Rory O'Rourke, … many of the more mature Perth investors will know of him and his agency.

As…[Read more]

]]> 89974e98330d3847b524284a228b863c Mystery replied to the topic just been to a positive real estate investment seminar in the forum Heads Up! https://www.propertyinvesting.com/topic/4408134-just-been-to-a-positive-real-estate-investment-seminar/#post-4681385 Wed, 21 Nov 2012 08:55:24 +0000 JayT, ……

Just had a read of their web site …. what they offer sounds very much like a real estate agency in Perth that used to run one hour seminars on negative gearing which started me on my path wayyyyyy back in the mid 1980's. His name was Rory O'Rourke, … many of the more mature Perth investors will know of him and his agency.

As…[Read more]

]]> cedf302bf8bb778575d10467cc5f1a3a Mystery replied to the topic Does having a bathroom with 2 doors ( one door through to master bedroom ) add value ? in the forum Value Adding https://www.propertyinvesting.com/topic/4407847-does-having-a-bathroom-with-2-doors-one-door-through-to-master-bedroom-add-value/#post-4679144 Tue, 20 Nov 2012 19:05:04 +0000 We had this situation in our townhouse. You lose so much bathroom space by having two doors as you need to keep both doorways clear. I pulled out the door from the main bedroom and re-did that section in stud wall and gyprocked/tiled etc …. made a huge difference … in a good way. I vote for do it ….

Mystery

]]> 18497dab613181fee347edc901c56ad6 Mystery replied to the topic Is this cheap or what? in the forum General Property https://www.propertyinvesting.com/topic/4408117-is-this-cheap-or-what/#post-4681160 Tue, 20 Nov 2012 08:35:15 +0000 AussieKiwi wrote:
Update I had to ring the agent spoke to Him and  it goes like this 

The building and land  is freehold yes FREEHOLD But it can only be used for student accommodation.

Bodycorp is $3000.00 per year rates are approx- $230 – $280 per quarter

It's starting to add up isn't it ….. at least $4,000 for the rates and body corp, ……[Read more]

]]> ed0dea9542e76230178c5f93e03ba111 Mystery replied to the topic Is this cheap or what? in the forum General Property https://www.propertyinvesting.com/topic/4408117-is-this-cheap-or-what/#post-4681153 Tue, 20 Nov 2012 01:28:42 +0000 AussieKiwi wrote:
Well if anyone is interest 0800hrs for a visit to veiw and still waiting for some more info aswell 

Hmmm, … tempting, but …. NO!

Mystery … cheeky

]]> d8b3850c03bc47acedcb07d7c7bbf967 Mystery replied to the topic Possible New Rental Laws for WA Landlords in the forum Derek wrote:The WA Government https://www.propertyinvesting.com/topic/4408129-possible-new-rental-laws-for-wa-landlords/#post-4681350 Tue, 20 Nov 2012 01:27:09 +0000 Derek wrote:
The WA Government is considering adding new requirements to the WA Tenancy Act which will see increased levels of security required to front and rear doors and all windows.

Read the article here. 

Looks like a bit of an overkill to me but ………………………………………….. I guess I no nothing as I am only a greedy…[Read more]

]]> 1085167dfc67c273d874b2cbf51a2672 Mystery replied to the topic Is this cheap or what? in the forum General Property https://www.propertyinvesting.com/topic/4408117-is-this-cheap-or-what/#post-4681151 Mon, 19 Nov 2012 22:49:08 +0000 jenny111 wrote:
I heard that Councils in QLD generally levy very high annual rates; hence take into account of this high charges. Also find out whether the unit sits on the University's land; if yes, you will be only buying the 'brick' building, not the land and thus, you will have to pay rent to the uni (or whoever the owner is).

Good point…[Read more]

]]> c8ce60761b12821a524e2cfaca3d971c Mystery replied to the topic Project Managers in the forum Value Adding https://www.propertyinvesting.com/topic/4408114-project-managers-2/#post-4681118 Mon, 19 Nov 2012 08:03:42 +0000 The old "bite off more than you can chew, then chew like hell" philosophy, …. I like it!

Well done and every success.

Mystery yes

]]> aaeb4728b8d227ea86d91a79f89d8610 Mystery replied to the topic Is this cheap or what? in the forum General Property https://www.propertyinvesting.com/topic/4408117-is-this-cheap-or-what/#post-4681144 Mon, 19 Nov 2012 06:13:05 +0000 Something not right about this in my mind, but then again I've been wrong sooo often …. I have IP's in the Ipswich Shire and no way would I get this sort of rent return, …. but then again I have no experience in student type accommodation investments.

Also, the fully leased bit …. Are you paying the $125,000 and $140,000 for the lease…[Read more]

]]> b96fd4444805f906ae0c419b9d046a8a Mystery replied to the topic Project Managers in the forum Value Adding https://www.propertyinvesting.com/topic/4408114-project-managers-2/#post-4681116 Sun, 18 Nov 2012 20:11:54 +0000 Gmumm, ……. for a first project that's a hell of a task and living interstate as well.

Too late now, but another option would have been doing a couple of smaller developments to learn the business first where you don't have so much at stake.

By not understanding the whole process you are leaving yourself open to extra costs and charges that…[Read more]

]]> 841402320a96f828de359147a55402af Mystery replied to the topic What protection do I have if tenants trash my IP? in the forum Help Needed! https://www.propertyinvesting.com/topic/4407978-what-protection-do-i-have-if-tenants-trash-my-ip/#post-4680071 Sun, 28 Oct 2012 00:26:35 +0000 SamSavva wrote:
Great thanks for the responses guys. I will def look into Landlords insurance. Pardon my ignorance but I gather LL insurance protects against damage and loss of rent. Would anyone recommend certain insurance companies and policies?

thanks appreciate it

Landlord insurance generally only covers you for proven malicious damage…[Read more]

]]> 3660f75e121166a8ac59a3e065293ab0 Mystery replied to the topic What protection do I have if tenants trash my IP? in the forum Help Needed! https://www.propertyinvesting.com/topic/4407978-what-protection-do-i-have-if-tenants-trash-my-ip/#post-4680067 Sat, 27 Oct 2012 18:19:20 +0000 Sam, …… It doesn't matter what Landlord Insurance costs it is an essential part of property investing for piece of mind. One of my properties in a similar type of area you are describing had $18,000 malicious damage done plus 4 months of lost rent.  I only lost the policy excess amounts, the rest was paid.

You can do your best to ensure you…[Read more]

]]> dbe3f38d27be90902d25bab0ba351241 Mystery replied to the topic Town Planners Ipswich (QLD) in the forum Value Adding https://www.propertyinvesting.com/topic/4407780-town-planners-ipswich-qld/#post-4678700 Sat, 27 Oct 2012 02:26:20 +0000 Jason, …… I'm not sure if these people can help, but they did the work for us about 4 years ago for a successful dual occupancy application with Ipswich Council that was approved with no issues. The development is in Redbank Plains.

Hedges Geomeasure
Surveyors and Town Planners (Land and Property Development)
16 Vanessa Boulevard
Springwood…[Read more]

]]> e8aa6fbac9d581c5ed09678ad98cfbca Mystery replied to the topic How long after signing contract can you get access to house? in the forum Value Adding https://www.propertyinvesting.com/topic/4407926-how-long-after-signing-contract-can-you-get-access-to-house/#post-4679613 Fri, 26 Oct 2012 10:18:15 +0000 We gave early access to purchasers on a property we were selling in Adelaide a few years ago. It allowed the purchasers to arrange for trades to get in and reno the place before settlement.

The day before settlement they notified our solicitor that the smoke alarm was damaged and we had to repair it otherwise they would delay settlement and…[Read more]

]]> 8fe69f05d4d062c0cd4b3e3baf86eab8 Mystery replied to the topic Dual Occupency in the forum Value Adding https://www.propertyinvesting.com/topic/4407833-dual-occupency/#post-4679049 Sat, 20 Oct 2012 18:48:23 +0000 Interesting redhot, … our dual occupancy development (SE Qld) is due for completion in around 3-4 weeks, ….. I may need to look into this as we were going to keep the properties on one title for the time being.

Mystery

]]> 634e802d4a9d5f18b8829714fcd496e5 Mystery replied to the topic Defence Housing Australia (DHA) property investing in the forum General Property https://www.propertyinvesting.com/topic/4407875-defence-housing-australia-dha-property-investing/#post-4679302 Thu, 18 Oct 2012 20:39:15 +0000 Sometimes you come across DHA houses for sale on real estate sites with a few years of the lease remaining that are quite reasonably priced, but I'm not sure if you can negotiate price or not.

Also Occasionally Defence Housing sell them on through there site with a few years on the lease remaining and the lease extension option

Could be an…[Read more]

]]> 38794f9f20ab7bca646fab8fc068054f Mystery replied to the topic Investing in Goulburn NSW in the forum Tegan, https://www.propertyinvesting.com/topic/4407760-investing-in-goulburn-nsw/#post-4678557 Sun, 14 Oct 2012 07:05:10 +0000 Tegan,

Just bought in Goulburn, … settles 30th Oct. Seems to be a town that is being discovered by first home buyers and investors especially since it's solved it's past water issues and its affordable compared to Canberra.

Goulburn Seems to be on the radar of a few so called property experts predicting that the town has a future. Good…[Read more]

]]> a0a8695f8cbd9cc498b858d6d834abb1 Mystery replied to the topic Investing in Goulburn NSW in the forum General Property https://www.propertyinvesting.com/topic/4407760-investing-in-goulburn-nsw/#post-4678557 Sun, 14 Oct 2012 07:05:10 +0000 Tegan,

Just bought in Goulburn, … settles 30th Oct. Seems to be a town that is being discovered by first home buyers and investors especially since it's solved it's past water issues and its affordable compared to Canberra.

Goulburn Seems to be on the radar of a few so called property experts predicting that the town has a future. Good…[Read more]

]]> ae11528f22f57c4a85e77e17e90f53d5 Mystery replied to the topic Sub Dividing in the forum Value Adding https://www.propertyinvesting.com/topic/4407353-sub-dividing-4/#post-4675374 Sun, 02 Sep 2012 23:10:02 +0000 I'm fairly sure this company contacted me a while ago and offered their services. It was going to cost something like $24,000 to handle the sub-division process including plans, council stuff etc, but didn't include council fee's and some other costs which I can't remember. I think from memory by the time everything was factored in it was closer…[Read more]

]]> 304dbe7f0c98e3456511c40eaa325585 Mystery replied to the topic Prop Development Feasibility Study in the forum Value Adding https://www.propertyinvesting.com/topic/4400201-prop-development-feasibility-study/#post-4625816 Fri, 11 Jun 2010 09:36:03 +0000 I can't really answer your question, but when I do a quick feasibility for any of my development opportunities. I base all my figures on today's values, … there is no way I can accurately predict what is going to happen down the track. If the numbers based on today's values work with good profit/equity margin, then I seriously look at taking the…[Read more]

]]> e8aab3028cedb3ae09e1c5a037d51110 Mystery replied to the topic Subdivision - selling off plan, when do I receive the funds? in the forum Help Needed! https://www.propertyinvesting.com/topic/4398718-subdivision-selling-off-plan-when-do-i-receive-the-funds/#post-4616752 Fri, 12 Feb 2010 18:58:36 +0000 dhodgson wrote:
thanks for your help, turns out initial selling estimate was way more than market value (spoke to other estate agents), once that was factored in the deal isn't any good, in fact it only just about breaks even. Nevermind, onwards and upwards :)

Look don't take this the wrong way as I applaud your enthusiasm ….. but shouldn't you…[Read more]

]]> 266cee343c26f989112ecac939f046da Mystery replied to the topic subdividing basics in the forum Value Adding https://www.propertyinvesting.com/topic/4389784-subdividing-basics/#post-4568364 Sun, 07 Feb 2010 21:55:22 +0000 Tupuraki wrote:
Hi,we just purchased our 1st house in Ipswich qld, on a subdividable block…. we were wanting to subdivide and put a removable house at the back of the block….. Has anyone had any experience with removable houses????? also, i have friends who buys of the plan properties, they seem to be doing really well…. just wondering….…[Read more]

]]> aa2fd60ee7f5cdb9fb49a1f1287cd2a3 Mystery replied to the topic Opinions on DIY Flat pack kitchens in the forum Value Adding https://www.propertyinvesting.com/topic/4385665-opinions-on-diy-flat-pack-kitchens/#post-4548199 Thu, 23 Jul 2009 10:43:46 +0000 marco_install wrote:
hi james and michelleif you need help in asemble and instalation of kitset kitchen i can helpi do tilling plastering an carpenty work allsoihave done 100s of flat pack kitchens iam in melb so email me

marco_install, …… I think you are about 3 years too late. James and michelle's post was written in June 2006.

]]> c7bfd984efd30494fb2c929faa5a1cdc Mystery replied to the topic Is a duplex a good investment in the forum The council may allow you to https://www.propertyinvesting.com/topic/4396205-is-a-duplex-a-good-investment/#post-4603814 Sat, 16 May 2009 20:52:52 +0000 The council may allow you to do a dual occupancy development, ….. give the council town planning dept a call and have a chat.We had a similar issue with Ipswich council, …. they wouldn't allow us to do a sub-division, but dual occupancy/duplex was fine. Crazy really …… we can build a 4,2,2 second house (existing is 3,1,1) on the land as a…[Read more]

]]> 43d68252a825ab89b25159a7606e4153 Mystery replied to the topic Discount Property Group in the forum General Property https://www.propertyinvesting.com/topic/4396074-discount-property-group/#post-4603207 Sun, 26 Apr 2009 19:33:02 +0000 Correct me if I'm wrong, but if you take the time to research property investing over a few months, read books, join forums like this and read magazines like API … Then why would you need to pay others to make decisions for you and hold your hand.Maybe I'm just old fashioned, but for me part of the enjoyment of property investing is the research…[Read more]

]]> 48b9671f96c2a87da72eb09f45e5048d Mystery replied to the topic Wanting to buy the "Carly Crutchfield DVD course" in the forum General Property https://www.propertyinvesting.com/topic/4396044-wanting-to-buy-the-carly-crutchfield-dvd-course/#post-4603003 Tue, 21 Apr 2009 08:52:21 +0000 I'm pretty sure if you go onto the Carly Crutchfield website you should be able to buy what you are looking for.http://www.cclub.com.au/Or at least they should be able to tell you if it's still available.

]]> e2abf7352bf0b994e86015e52c6e6d6b Mystery replied to the topic Custodian Wealth in the forum General Property https://www.propertyinvesting.com/topic/4396040-custodian-wealth/#post-4602981 Tue, 21 Apr 2009 08:48:49 +0000 Lightyrs wrote:
Hi All,Has anyone from the Forum had or have business with Custodian Wealth. I have a friend who seems to be doing quite well from it and his portfilo is groing nicely with very little hassle. Im wondering if anyone here is buying property through them or an equivilant company and how it is working for them?

I'm pretty sure t…[Read more]

]]> a47bcf923af05c5ea44ef874fa67c7af Mystery replied to the topic dual occupancy & strata titles in the forum Value Adding https://www.propertyinvesting.com/topic/4395017-dual-occupancy-strata-titles/#post-4597161 Sun, 28 Dec 2008 22:38:24 +0000 Tupuraki wrote:
We have a house in ipswich on a 1027m2 block, we can't subdivide it but we can do dual occupancy, we were looking at doing this and spending around $130,000-$150,000 to build a 3 bedroom home at the back, just wondering if anyone has any experience in this and if it is a straight forward process to strata these two homes. and how…[Read more]

]]> 8d365a34b29d5f3bb9888f41af9fcc46 Mystery replied to the topic Are people still investing in such hard times in the forum Help Needed! https://www.propertyinvesting.com/topic/4394429-are-people-still-investing-in-such-hard-times/#post-4594082 Wed, 15 Oct 2008 17:38:55 +0000 We are happy to sit tight at present. We are concentrating on building up the cash savings and happy to sit on the sidelines.  Several of our IP's are on large development size blocks. This is where we see our next IP's coming from. No hurry, .. the land isn't going anywhere.Martin

]]> f765166e956784aedd6ecfb9c79e2661 Mystery replied to the topic Help - Settlement tomorrow without a title? in the forum General Property https://www.propertyinvesting.com/topic/4394185-help-settlement-tomorrow-without-a-title/#post-4592640 Mon, 08 Sep 2008 18:54:22 +0000 lopetha wrote:
Hi all,Im due to settle on a property tomorrow at 11:30 but apparently the vendors are not ready as the bank has lost the title. Since their bank and my bank are both the same bank, Ive been told that I can settle without the title and that the bank can put something in writing agreeing to locate the title or obtain a new one…[Read more]

]]> 269197b5c901ca4be51d40a08b9982cf Mystery replied to the topic Thinking about selling in a dead market... any comments? in the forum Help Needed! https://www.propertyinvesting.com/topic/4393552-thinking-about-selling-in-a-dead-market-any-comments/#post-4589330 Sun, 22 Jun 2008 02:27:05 +0000 Anrobel wrote:
This will be the first time I have sold anything and i am a little nervous about regretting it in the future – i don't want to be one of the sheeple jumping on the bandwagon but with the rezoning i think it will be a very long time before i get the same money … and with zoning change i would have to build two storey untis which…[Read more]

]]> 4286e49b89fc2a970b270ad61fb708d2 Mystery replied to the topic List of things that can go wrong while investing in the forum Help Needed! https://www.propertyinvesting.com/topic/4393384-list-of-things-that-can-go-wrong-while-investing/#post-4588408 Sun, 01 Jun 2008 18:51:41 +0000 Scamp,You are just a big bundle of joy aren't you? …. Not a bad ego either.I've been investing in property since the mid 1980's (as I imagine have quite a few others)…. I've seen a few downturns and managed to get through them without you being there to hold my hand. Your assumptions that us "suckers" are all blundering along blindly into the…[Read more]

]]> 1f9f83aafecafdfc0a1b54c93a38d58b Mystery replied to the topic Shares beat property over the years in the forum Opinionated! https://www.propertyinvesting.com/topic/4393264-shares-beat-property-over-the-years/#post-4587675 Sun, 01 Jun 2008 09:46:11 +0000 Does it really matter which one is supposed to be better ? … As long as one or both of the options can give you the wealth you desire. Share traders will say shares are better and property investors will probably argue theirs is the way to go.I couldn't get shares to work for me. Share trading just didn't suit my personality whereas property is…[Read more]

]]> 32fcac1ab039f00858ff6f3adb60e0e8 Mystery replied to the topic Home Prices Plunge in the forum Help Needed! https://www.propertyinvesting.com/topic/4393017-home-prices-plunge/#post-4586137 Sat, 26 Apr 2008 05:01:20 +0000 blogs wrote:
http://www.news.com.au/heraldsun/story/0,21985,23599751-661,00.html"MELBOURNE'S property prices have plunged 8.4 per cent, or a record $40,000, since the start of the year"But of course property prices will keep sky rocketing in price with record debt, petrol prices, interest rates and inflation up up up….

Have a read of this…[Read more]

]]> d87f220bbda78ba680a922655e1965c4 Mystery replied to the topic subdivision???? in the forum General Property https://www.propertyinvesting.com/topic/4392830-subdivision-10/#post-4585445 Sun, 13 Apr 2008 00:39:14 +0000 SandiebTry contacting a town planning consultant in your state and preferably in the same council area as your development site. They handle these sort of residential dual occupancy/subdivision applications to council all the time. I am flying up to Brisbane this week to meet with one who we are looking to engage in stepping our application…[Read more]

]]> b01502b0eed42b669699349838a6666d Mystery replied to the topic Subdivision options in the forum Value Adding https://www.propertyinvesting.com/topic/4392887-subdivision-options/#post-4585615 Sun, 13 Apr 2008 00:27:47 +0000 magtron wrote:
I have a corner block. The front of the block faces a small residential street, while one side faces a fairly busy road. How would it be best to subdivide to get the highest value? Split the block in half with one facing the small resi street and the other facing the main road? Or do a battleaxe subdivision with entrance from…[Read more]

]]> 8997a0a3fbf0332a16225edddd98ec47 Mystery replied to the topic Why invest in Dubai… in the forum Overseas Deals https://www.propertyinvesting.com/topic/4392710-why-invest-in-dubai/#post-4584601 Sat, 22 Mar 2008 18:58:31 +0000 Geez, they are bargain priced …… lolI used the currency converter on the cheapest property I found on your site and it is $753,000 AUD for a 2 room or 2 bedroom I presume. Way over my risk factor ……. good luck

]]> cf835d6ae1eb49d9f89d1a6f0653931d Mystery replied to the topic Breaking contract with a Sunset Clause but no date/time period on contract? in the forum Help Needed! https://www.propertyinvesting.com/topic/4392667-breaking-contract-with-a-sunset-clause-but-no-datetime-period-on-contract/#post-4584446 Mon, 17 Mar 2008 18:57:20 +0000 If I was in your position I would definitely  be visiting a good solicitor to see exactly what my options are in regards to the contract you signed. It will take the guess work out of your decision.  Others here may have viable options and opinions for you, but in my own opinion, spending some dollars could give you the answer with legal backing.Martin

]]> dedc75925bf5c5ea64da11dc3f95543e Mystery replied to the topic Worst Property Mistake ....Ever!!!! in the forum General Property https://www.propertyinvesting.com/topic/4392094-worst-property-mistake-ever/page/2/#post-4581606 Sun, 03 Feb 2008 10:00:30 +0000 We had 3 IP's in Perth late 1980's and sold them in 1992 as they hadn't really shown any growth in the time we had owned them and we didn't realise the full value of what we had. You have to remember back in the late 1980's you did not have any books on the subject or internet to learn from, so it was mostly fumbling in the dark in regards to…[Read more]

]]> c42a1d43ee2677abbd9c144f2ec67a7b Mystery replied to the topic Making A Written Offer! in the forum General Property https://www.propertyinvesting.com/topic/4391969-making-a-written-offer/page/2/#post-4580885 Thu, 24 Jan 2008 18:32:36 +0000 I have just bougt another IP and as I generally buy interstate going into the agents office is out of the question most of the time. After discussing the property over the phone and I want to put in an offer. I fax or email a signed one page document which outlines the following :- The price for the property offered- Names and contact details -…[Read more]

]]> 11ae7e61eb16c4be4a499891f6ee431b Mystery replied to the topic Use a town planner or not??? in the forum Creative Investing https://www.propertyinvesting.com/topic/4391918-use-a-town-planner-or-not/#post-4580533 Tue, 15 Jan 2008 04:16:31 +0000 L.A Aussie wrote:

Mystery wrote:

Hey Martin;where is the photo taken on your picture?sorry to hijack the thread people but, hey; that's impressive!I'll tell you about mine if you tell me about yours!!

Thanks MarcThat's where we live. A place called Mystery Bay, … 12km south of Narooma on the far south coast of NSW. The picture is of the…[Read more]

]]> 46c6ad878cc62094f9a3d312ed85bfd5 Mystery replied to the topic Use a town planner or not??? in the forum Creative Investing https://www.propertyinvesting.com/topic/4391918-use-a-town-planner-or-not/#post-4580530 Mon, 14 Jan 2008 09:59:59 +0000 amaljayaWe have an IP in Redbank Plains. After recently having a 5 minute chat to town planner at Ipswich Council with the intension of handling the application process myself, I decided to employ a town planning consultant. We can't do sub-division on our block, but we can have dual occupancy approval on our 800m2 corner block apparently. It…[Read more]

]]> c75938a868cda5114da066788aeb5ee3 Mystery replied to the topic My first sub-division! in the forum Value Adding https://www.propertyinvesting.com/topic/4391910-my-first-sub-division/#post-4580469 Thu, 10 Jan 2008 19:12:28 +0000 Well done newbie, .. sounds like a great opportunity. Good luck MartinPS … Nothing comes to mind re: solving the wetting the pants problem …. :-)

]]> 3ce2539c18922e63badf9cf774abdc05 Mystery replied to the topic gazumped - learn from our sorry tale in the forum General Property https://www.propertyinvesting.com/topic/4391787-gazumped-learn-from-our-sorry-tale/#post-4579367 Thu, 10 Jan 2008 05:04:53 +0000 Question: ….. Could the "sunset clause" option get around this problem, whereby an expiry date included in the contract signed by the prospective purchaser/s makes the contract null and void unless the contract is signed by the vendor before this date/time?I have put an expiry date/time on written offers, but not on a contract. Martin

]]> 4abdfe8f78356e9be2a6c12c058b4ad6 Mystery replied to the topic We've made the big decision! in the forum GeoffBeck wrote: Hi https://www.propertyinvesting.com/topic/4391868-weve-made-the-big-decision/#post-4580229 Tue, 08 Jan 2008 21:05:32 +0000 GeoffBeck wrote:
Hi Martin,Totally agree/repect your comments. My decission was based on risk assessment whether it was right or wrong.I don't want to discussion the issue regarding the Mitsubishi plant issue in this post as it would be hijacking the initial post.GeoffB

Yep, … point taken.Martin

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