Values for good dairy farms in my area have dropped a good 30percent since 2008 .

Last month I settled on another farm with a per acre price of 3600 . Three years ago this could have realistically sold…[Read more]

I enquired about this book at my local library abut two years ago after baulking a bit at the price . The library actually purchased the book for me after i requested it ….

I havn’t purchased the book but should really . The author spells it out very clearly for all us drongos who don’t get all the legalese jargon…..

If you are…[Read more]

What do you see of the future of where you have invested ?

I had a tenant pay eight months rent in advance last year and she was a good tenant all round . This was her dicision to pay the money up front . After the eight months I had to chase her for the rent but there was no great drama etc etc .

What I did learn is that there is a subtle hint there that they cannot manage their…[Read more]

I have a whole cupboard full of books these days but I would say that Noels first issue of this book , back in 1986 I think it was , is probably the one that set me…[Read more]

‘There is only two rules in business .

Rule no. 1 DON’T LOSE MONEY

Rule no. 2 DON;T FORGET RULE NUMBER 1’

Just when you need her she will be off on her broomstick to make up poisonous potions and spells for you . I would look elsewhere……..

There was a guy on here a while back who does cladding as a business who mentioned the option of cladding may not necessarily be more…[Read more]

The other one is called Rat Race and is quite a good game although very out dated . I think it…[Read more]

Have you considered selling the property yourself ? There are quite a few resources available now to help you .

Personally I’d be very reluctant to to pay much for advertising .

A good agent that got you the highest price might be worth their commision but there are plenty that will get you stooged……………

If only it were…[Read more]

Sorry to hear about your advertising troubles .

It happens that last week I bought a book called ‘REAL ESTATE without agents’ written by Terry Ryder . It is a very worthwhile read and can really open your eyes up to the crap that goes on with most agents

There are enough costs in property investing with out agents fees IMO .

Cost me…[Read more]

Said it was for her old age ! Bless her soul

Had a terrible time through the depression of the 30’s …..tough times i imagine ….and then another war . Melbourne was a tough place back then .

Own two farms . One milks 550 cows and another 170 . Have several propertys in local regional towns which we manage , the wife and me .

Find myself spending more and more time in the office with financial matters etc. Thats the way it is …..when you have CASH COWS …

PF

Amazing . I remember not that many years ago you had to be rich indeed to call Europe…When I was young I used to call my folks collect and you could feel them shudder down the phone !

Did you ask for a costing at the initial interview ?

These are the first questions that come to my mind . If your affairs are relatively straight forward then the damage may not be too bad eh ! Whats involved ?

I was pretty disapointed at the time and decided against selling . A few days later I…[Read more]

Some of these properties are in pretty handy locations and have doubled and some in the last few years but the problem remains that some maintenance must be done .

I find if there are quite a few things that are getting buggered like roofs, gutters , HW service ,cladding etc…[Read more]

NZ is the nearest country to the International Date Line and I well remember the 87 sharemarket crash where the NZ market was the first to feel the rezults .

Perhaps it is not faceious to claim that NZ is the…[Read more]

My niece has bought 30 acres of rainforest on the side of a hill which has amazing views out over the Coolum area . I think it was the Yandina area . She paid about 600k for the land and had bugger all left for a dwelling and has built one of those shed homes…[Read more]

So what happens with ‘retirement and your SMSF’ . Sort of becomes a joke then . [blink]

Where abouts is this pub that you have put up with for 20 months ?

Yes to me it would seem a marvellous opportunity for a company to grow further , after all realestate is so useful when chasing finance to fund expansion etc .

I can relate to my own experience as a…[Read more]

I have friends who own small farms on the outskirts of Geelong and Werribee . They are very business minded and run these holdings at reasonable profits where all the while the urban sprall continues getting closer every decade . Some of them bought decades ago and they’re laughing now .

There’s no…[Read more]

I initially wasn’t all that fazed about them being there untill I was out the back looking at all the mess I have to clean up and one stung me in my hair [angry2] . I’m really more concerned about them being in the back of the meterboard with all the wires and fuses in there .

I,ve…[Read more]