How did you go avoiding the flood areas? I looked there a couple of months ago, but all was in the wet areas. I didn’t fancy the Fitroy river turning the houses into house boats if it went under again like the 80s.

>>and he reckons he could find a decent tenant within 6 months<<

Wow, that sounds like a really good location.

Pisces133

Hi Dell,

You said ” I really believe that real estate is at its peak, and nobody really knows what is going to happen.”

Now, if nobody knows what is going to happen what makes you think that you are the one person who DOES know what is going to happen ?

Pisces133

I understand that there is now a law in place (in Sydney at least) which prevents carspaces being seperated from units. This means that no new (unattached to units) carspaces will come onto the market.

I guess that this is a very bullish factor.
Again, the main thing to look for is LOCATION, LOCATION, LOCATION.

Because of that I doubt that a…[Read more]

Huh, bus shelters are old hat.
It is merely a ruse by that miserable looking Bob Carr looking for another way to raise some additional revenues.

The moment these bus shelters have been sold the owners will get slugged with a public-space-occupying fee.

If you think that is not possible think back to the time when banks were slugged because…[Read more]

Can you tell us her name Lisa? Just her first name and branch would be all we need. I’m just curious to know if she’s the same one I’m using.
Regards, Jim.

PS Thanks Stu, I’ll see if they will come to the party for a $1M LOC. (It’s for my JV partner, who has a long history with NAB, and has developed a sense of loyalty to them, even if they do…[Read more]

Hi Neill, I have a question I would like to ask about structures and CGT for NZ property. You had a mobile phone number here, but I missed it. Could you email me lrobbie at netspace.net.au so I can ask you some stuff??
Cheers
Lisa R

Hey Pin,
don’t forget to check when the BSS was constructed. Post 1985 – depreciation will be much better if you get building right off. Can you get post right off if you only buy a post stop rather than a shelter stop? What if the shelter was vandalised and rebuilt, is this a new building or a repair??????
What is 2.5% of a three metre pole…[Read more]

This is a serious question…!!

Bill’s BSS may be complete BS, but there really are Car spaces available for sale in a CBD area, with returns of 10.8%. For someone with little available lending capacity, this could be an entry level income stream. I am serious in my question guys …. this is not BS[][]

Hi Bill,
the BSS may be complete BS, but the carparks are for real…..

Hey Dino, my rent assisted tenant pays market rent, guaranteed 52 weeks per year – they are a subtenant of a housing group i let to. No agents fees, and guaranteed rent – I am about $20-30 per week better off with them than a private tenant and an agency. I know what you are saying, I struggle to be where I am as well, but everyone’s got to…[Read more]

20K purchase 180/mth return. No tenants, no agents fees, no maintenance – that’s a 10.8% return – not bad?????
Has anyone ever heard about this before – its in a capital city CBD area.

Bill, hows my order going for the BSS on subdividable land? I think I need thirty of them. Have thirty real estate agents lined up ready to put their smiling faces on the bill boards – 30 * $800pmonth (charging premium for special plastic coating on the bill boards to keep their pearly whites sparkling!! = 24000/month. Have hocked the car and…[Read more]

Thanks Muppet for your regular updates on NZ.
Your info about NZ has been excellent accross the forum.
I am hoping to be over there in the next month, so current information is great.
What’s the weather like at the moment!!!!![]
Lisa R

Muppet, if you took this guy’s view to heart, you would put 30% of the population on the street – wher will they live if they don’t have a landlord renting a home to them? Honestly – by having only one investment property, does he think this will make him only a tiny bit of a ‘nasty landlord’?[}]
If we all listened to the doomsayers we would…[Read more]

Hi all,
I am a big fan of Westpac’s Professional Package. How well you do with the package I think also comes down to how well you get along with you home finance manager. I had a similar product with ANZ and it sucked – very poor service. My current Westpac Manager is great. I have followed her to 3 different branches on her promotions. She…[Read more]

Hi Con,

Others will give you a full answer to your questions.

If Dubbo is real for you, I understand that the meatworks has been/is being closed down. Loss of jobs is in the hundreds. You may need to ride out the cycles, provided of course you can minimise your vacancies.

Kind regards, Phil

Smaointe, are you in Brisbane? Are you a member of AusRFS? Cool Rodent Fanciers Society.

I just wanted to add my two cents worth again taht I think rats are the coolest little pets – everyone should have at least two!!!
LisaR
PS How did you go with the name picking Arty?[?]

Hi Jaffasoft,

Thank you for your reply. It took a while to sink in didn’t it? Please re-read my post to you. But smile as you do. You may then understand the benefit of what people have to offer you.

If only you would realise that people are doing their very best to help you achieve your best also.

Enjoy the dole bludging. I trust that you may…[Read more]

Hi billfromoz
I am keen to get in on the gravy train (gravy bus???). Are the bss freehold or leasehold. I am keen to subdivide, do you think I could demolish and put up two shelters – two bus companies could then use the facilities??????
How much are the local councils charging these days for subdivision applications???[?][]
LR