Mark,

Reading mini’s latest post, does it make you change your mind about anything? Perhaps admitting that what you thought couldn’t be done, in fact, can be? And it is possible to do things to increase the rent, like add air conditioning etc… plenty of people have done it, as I’ve done myself.

cheers
r

Hi Westan,

Did you know the woman Dirk Wellham hit is actually Barb? The large-ish Carlton supporter that the Footy Show sometimes has on?

Cheers
r

Jars,

Renting out our holiday house has been a pain in the arse. Middle class families from “good” suburbs pay up to $1400 per week to stay there, but always leave a path of destruction when they leave. They cost me a lot more money than the “workers” in my other, cheaper places that are let year round. I’ll be glad when it’s sold, because every…[Read more]

Hello ms henry

I bought one in June 2003 for 56k, rents for 130pw, I could tolerate living in it myself, and I’d like to think I don’t have shockingly low standards. This was in Rockhampton. From what I’ve seen, other houses that they’re now flogging up there on realestate.com.au for around the 80k mark are comparatively well below in standards…[Read more]

I think RossH is pretty blatantly advertising.

and if I was a moderator for this forum I’d delete your post just like I did elsewhere. Blatant advertising.

I’m pretty sure that admission has been made before. I’ve certainly heard it.

what yack said

Gee, um, thanks Pisces, for pointing that out.

cheers
r

Hi Pisces

Since it’s all about yield, can you give us a rough yield figure without all the other details? Don’t do a SIS and keep ALL the good stuff to yourself []
cheers
r

well said valiantwagon

Nah, not excited, just giving an update… thought the likes of markpatrick might find it interesting…

cheers
r

ps I’ll still be hoping though

Howdy Westan,

Both those stories are from this week on the abc website… so they’re current. The Magnesium one is from yesterday. I thought the magnesium plant was a dead duck too… but that doesn’t mean I can’t hope!!

cheers mate
r

I think it’s all speculation at this point, but it’s been touted for Shoalwater Bay… I would have thought a facility for 5000 troops would have a good impact on the local area in all respects.

Cheers
r

good call Yack

Hi Mini,

I’m wondering why people are so hostile to Steve as well… but I can’t figure out why. If the people on MAP succeed, all power to them… if some don’t, well, I guess they weren’t meant to. But if some do and some don’t I don’t see how Steve should be painted in a bad light. And I’m not just blindly sticking up for Steve, but there’s a…[Read more]

Sorry, I should have clarified, when I was referring to my mates, I was talking about them borrowing for PPOR’s, which is of course a bit different to borrowing for IPs…

I wouldn’t stress too much Kay… there are always people who need to rent… just give them somewhere decent to live and you’ll be right. A bloke here at work has been looking…[Read more]

Hi Yack,

I believe they drop in from time to time, but don’t post very often.

Cheers
r

I’ve got mates who (foolishly, I reckon) loaded up as much they could with the low rates, and it was always going to be a problem if they moved upwards. Believing that IR’s are always going to stay low is like believing CG is always going to happen. Some of my mates will be in a bit of strife if they go up even a bit, as will many investors… but…[Read more]

Morning Kay,

Depends what area we’re talking about, I notice places like Toorak and Mont Albert have supposedly become more “affordable” with median prices of $1.3m and $510k respectively… I’m not too sure what to make of median prices… was there more properties at the bottom of the market for that particular suburb that sold for that…[Read more]