PropertyInvesting.com | SHales | Activity https://www.propertyinvesting.com/members/shales/activity/ Activity feed for SHales. Mon, 13 Apr 2026 00:14:32 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 ef85c2b31eb6f5b3a382b54a3cfa6eb0 SHales replied to the topic $25,000 purchase on the 19/11/2011. Rent return $200pw after $25,000 reno worth $100,000. in the forum General Property https://www.propertyinvesting.com/topic/4405246-25000-purchase-on-the-19112011-rent-return-200pw-after-25000-reno-worth-100000/#post-4659263 Thu, 24 Nov 2011 04:44:01 +0000 Hello xdrew,The value equation is what we normally go for.  We like entry level housing on freehold land.  Buildings which need little maintenance, target a retiree tenant. Good location, but cheap stuff needing next to no work.Yes, we are enthusiastic.  Concerned not to miss out on a very cheap deal – yes.  Good sales person?  I think we are exce…[Read more]

]]> 53933044e1fc366d1c4478a6925a0624 SHales replied to the topic Help Needed Please - Investment Topic. in the forum Help Needed! https://www.propertyinvesting.com/topic/4405264-help-needed-please-investment-topic/#post-4659343 Thu, 24 Nov 2011 03:15:09 +0000 Hello Matthew – how interesting.How about something about the ways in which the mining industry has affected residential property in Australia, both directly and indirectly, and the risks posed to those communities affected? Not only property value, but also in a macroeconomic context, the concept of a dual speed economy.Or how about the future…[Read more]

]]> 755df16c427739a60757e243e03f7ad0 SHales replied to the topic SHOOT ME with your opinions and thoughts!! in the forum Help Needed! https://www.propertyinvesting.com/topic/4405263-shoot-me-with-your-opinions-and-thoughts/#post-4659335 Thu, 24 Nov 2011 03:01:59 +0000 I'll weigh in and say get your own equity to gamble with.  Leave Mum and Dad alone. 

]]> 9caef71475f17d1b25c220de40accdb5 SHales replied to the topic $25,000 purchase on the 19/11/2011. Rent return $200pw after $25,000 reno worth $100,000. in the forum General Property https://www.propertyinvesting.com/topic/4405246-25000-purchase-on-the-19112011-rent-return-200pw-after-25000-reno-worth-100000/#post-4659261 Thu, 24 Nov 2011 02:57:31 +0000 Hey Nathan, I was drawn to your post as we have just found a $15K house to buy, in the NW QLD town in which we live.  Livable, original condition depression era home.  Corrugated iron construction typical of outback homes of its time.  Main building is solid.  Last tenants which just left were paying $80 pw.  It will be our fourth investment prop…[Read more]

]]> 8d5b7960c38c5f14be2f9c0f83fef709 SHales replied to the topic $15000 house in the forum General Property https://www.propertyinvesting.com/topic/4405237-15000-house/#post-4659208 Tue, 22 Nov 2011 05:42:40 +0000 Good points.  OK, net profit, per week, after tax is $30.  This is taking in to account interest at the rate that we currently pay against property, over 100% of the purchase price, because if we didn't buy this we would probably pay that money off that loan.The insurance cost is the same as it is for my other properties, which are worth much m…[Read more]

]]> 8a7bbe778ccf4ce737e4a526b5a3c2ea SHales replied to the topic $15000 house in the forum Yeah, we pay more than that https://www.propertyinvesting.com/topic/4405237-15000-house/#post-4659204 Tue, 22 Nov 2011 00:27:38 +0000 Yeah, we pay more than that it tax.  A few times over.  Tax consequences would depend upon which business structure we use to buy it.  Probably I'd lead towards the family trust which has just bought a property and has low / negative taxable income now.   Council has some of the cheapest rates around the state, and the only unusual thing abou…[Read more]

]]> 447fd6b7174263f993eda773b012dd5a SHales replied to the topic Sacking a Property Manager in the forum Help Needed! https://www.propertyinvesting.com/topic/4404932-sacking-a-property-manager/#post-4657176 Tue, 11 Oct 2011 12:30:02 +0000 Thanks fo the suggestions.  Great stuff.  I've drafted a letter and sent it to the new pm to look over.  It is tricky as we are in the middle of lease renewal with a long term tenant, too.  Won't manage myself as it is about 1500km from where I live.  Cheers.

]]> 29e47316f650df8af30b17e4af92fe2d SHales replied to the topic Sacking a Property Manager in the forum Help Needed! https://www.propertyinvesting.com/topic/4404932-sacking-a-property-manager/#post-4657171 Tue, 11 Oct 2011 02:30:40 +0000 Jeez….  That was a while ago.  I wonder where that document would be now.  Brings to mind actually, the different time lines we need to file documents for….  Sometimes you need to find it 10 years later…Thanks.

]]> 6d059c90160f952bcc6369d5efd2444b SHales replied to the topic RPM Nationwide Debt/Mortgage Reductio and Asset Building Specialists in the forum Finance https://www.propertyinvesting.com/topic/4402961-rpm-nationwide-debtmortgage-reductio-and-asset-building-specialists/#post-4643125 Sun, 27 Mar 2011 21:12:45 +0000 Hi,Thanks for the replies.  I haven't got that much information from them.  We live in a remote part of QLD, and they have offered to pay half our air fares to fly to Brisbane to see someone.  That got us a bit nervous.  I'm going to give it a big miss.  We have paid off both our PPOR and our investment property, and we have other investments whic…[Read more]

]]> 6449fbdd2ce4f6843ec6ede8bab2e6dc SHales replied to the topic The Climate is changing in the forum Forum Frolic https://www.propertyinvesting.com/topic/4399405-the-climate-is-changing/#post-4621276 Tue, 03 Aug 2010 05:15:00 +0000 Julia Gillard said something really stupid (surprise) on TV the other day.She said: If you vote for Tony Abbott, guess what, you'll get Tony Abbott"I bloody well hope so!And why oh why are the Greens not all upset about this whole CSG water poisoning thing?  Labour just chews through money, and anything that lines their coffers is good.  E…[Read more]

]]> 096578c75b47ac2c20e8e8e5eb5a9393 SHales replied to the topic Ben VS Himself and the Tenants From...Heck. in the forum Forum Frolic https://www.propertyinvesting.com/topic/4400745-ben-vs-himself-and-the-tenants-from-heck/#post-4629193 Tue, 03 Aug 2010 04:52:53 +0000 Ben!  I drift back onto this site again, and here you are. Getting noticed again.   You funny bastard, are you making money out of this stuff yet? Are you responsible for these invest your super in property emails I've been getting? Good to see you're still going.  How long till bub is due?  Be nice to Nicky, pregnancy sucks.  You'll have to grow…[Read more]

]]> 7d94591217453a82ebc2637e6a42d006 SHales replied to the topic How NOT to put up a fence. in the forum House Call wrote:You are a https://www.propertyinvesting.com/topic/4399618-how-not-to-put-up-a-fence/#post-4622770 Fri, 07 May 2010 02:14:24 +0000 House Call wrote:
You are a very good writer.  You should send this story into one of those property magazines for publishing.  The whole thing was hilarious.My suggestion is go buy yourself a "renovator's dream" and then after each day's work (which you must do yourself, because as your good wife correctly points out, it IS good for you) then w…[Read more]

]]> 8e773451b525baa63209d7467452e88a SHales replied to the topic Tax Deductibility of Boat?? in the forum 5 stars for imagination - https://www.propertyinvesting.com/topic/4399172-tax-deductibility-of-boat/#post-4619683 Thu, 18 Mar 2010 00:58:02 +0000 5 stars for imagination – talk to an accountant!S

]]> 527b39995a826461a28ae6cf9cf12457 SHales replied to the topic LVR - Rural Lending in the forum Finance https://www.propertyinvesting.com/topic/4399124-lvr-rural-lending/#post-4619355 Tue, 16 Mar 2010 05:12:51 +0000 Thanks Richard, we bank with nab at the moment, and have a business banking manager, so that is good to hear.  nab have always been pretty good to us actually.  The one time they turned us down it turned out to be just as well.cheersS

]]> 8e28388a511f74b4d96d1b6c4853a987 SHales replied to the topic ... in the forum General Property https://www.propertyinvesting.com/topic/4399116-4399116/#post-4619319 Tue, 16 Mar 2010 03:58:13 +0000 I've used a RE agent as a buyers agent, informally.  Gave the REagent a brief about what I was looking for, and he found it, listed with another agent, negotiated a deal between the two of them to share the commission and brought us to inspect the house.  We looked at a few houses, bought one of them which matched his brief perfectly and were v…[Read more]

]]> 270f218c28f35949afbdc1b4e1d36a8b SHales replied to the topic LVR - Rural Lending in the forum Finance https://www.propertyinvesting.com/topic/4399124-lvr-rural-lending/#post-4619353 Tue, 16 Mar 2010 01:39:10 +0000 Thanks  both for the comment.I wouldn't call 100ac plus a really large rural deal, where I live, entry level is 10000 acres.  The big places are 350000 acres.  I've worked on a place that was 2000000 acres.I am talking true agri lending and it was nice to hear from someone who seems to know this particular sector quite well.  Best to bide my tim…[Read more]

]]> c5aae475481b2070450be5bc93a8ac13 SHales replied to the topic ... in the forum General Property https://www.propertyinvesting.com/topic/4399111-4399111/#post-4619300 Sun, 14 Mar 2010 07:13:05 +0000 johntaps wrote:
What do you think is important?

Brevity.Ha ha.  John, I think you are an absolute wealth of information sources, and I just don't have time to do these resources justice.  I'd love to store all your links away for future reference, but I guess I can always run a search on your username and it will be right here. The idea of a…[Read more]

]]> 7a763766ce36fefcb962bf87d7415ff2 SHales replied to the topic is anyone investing in rural towns! in the forum Creative Investing https://www.propertyinvesting.com/topic/4398083-is-anyone-investing-in-rural-towns/#post-4612999 Sun, 14 Mar 2010 07:03:53 +0000 sonyasal wrote:
There is a difference between buying in a town with a population of 650 and a town or regional city with a population of 30,000, with strong rental demand and steady or growing employment prospects.Sonya

 Naturally.  My observations were quite specific to small towns.

]]> 7fc100875b3e74f796e8fdd0e9f8e8f5 SHales replied to the topic The stress of moving house in the forum Forum Frolic https://www.propertyinvesting.com/topic/4399039-the-stress-of-moving-house/#post-4618828 Sun, 14 Mar 2010 04:05:51 +0000 Gabriel Torres wrote:
I learned to close my mouth and listen without given a solution to everythingGabriel.

Very very good.And Kylie, I agree, we women are responsible for our own emotional resilience.I think that in the relationships dept, my DH and I have a head start cause we grew up in families with a functional marriage.  We saw how our…[Read more]

]]> b3afcd1f952f05b514e725c5fc20345f SHales replied to the topic ... in the forum General Property https://www.propertyinvesting.com/topic/4399111-4399111/#post-4619298 Sun, 14 Mar 2010 01:31:58 +0000 rpdata.  Download the suburb sales report,  cross off the houses that don't match (eg too many bedrooms) and go for a drive to look at the others (or some of them).  You really don't know until you've been there.  You don't know what the house looks like, or what it is next to, or what the road is like, the rest of the surburb.  There just is not…[Read more]

]]> 5c04faa5d5fc68d2cfaee59aad248b22 SHales replied to the topic is anyone investing in rural towns! in the forum Creative Investing https://www.propertyinvesting.com/topic/4398083-is-anyone-investing-in-rural-towns/#post-4612997 Sun, 14 Mar 2010 01:15:53 +0000 I live in an outback town of 650 people.  We are 100 km to the next town, and 350km to McDonalds, 500km to Target.We purchased our own home here, but have not purchased investment property here.My Dad, who is based in Sydney is a trained British Chartered Surveyor, which I think might be similar to a valuer.  His training says that the value of p…[Read more]

]]> 651bc2210ff77bf2d46542f26e127189 SHales replied to the topic Townsville discussion thread in the forum General Property https://www.propertyinvesting.com/topic/4395256-townsville-discussion-thread/#post-4598450 Fri, 12 Mar 2010 11:32:04 +0000 HI,No, I don't know BNE at all really.  Gladstone, Bowen and Chinchilla could all represent opportunities, but they are all very much tied to the mining boom.  If you are looking for multi industry type towns, these are not really them.  While they do all have other industries, the mining has created additional housing in these areas which wo…[Read more]

]]> a512a57b07b78b9f98fddf6792f14006 SHales replied to the topic Townsville discussion thread in the forum General Property https://www.propertyinvesting.com/topic/4395256-townsville-discussion-thread/#post-4598448 Thu, 11 Mar 2010 23:44:58 +0000 I agree you are likely to get better returns near Brisbane, and possibly better capital growth too.  I would spend down there before Townsville myself.  TSV offers opportunity for those willing to value add the investment, or who are positioned to  buy particularly well.  For people located outside of TSV, it alot harder to find an attractive inv…[Read more]

]]> c984c42ff5e1dfc80bdfa754362b61f0 SHales replied to the topic Townsville discussion thread in the forum General Property https://www.propertyinvesting.com/topic/4395256-townsville-discussion-thread/#post-4598446 Thu, 11 Mar 2010 02:14:57 +0000 Tomara,I live near Townsville and watch the market carefully.  I haven't purchased in Townsville because I am not satisfied with the ROI, even with multiple dwelling type properties.  I think Douglas in particular is a good choice. Mt Louisa is one of those suburbs with good streets and bad ones, so needs some careful research.  Another couple of…[Read more]

]]> eba5f55ce7cef8ef7cbdc6a928fda47b SHales replied to the topic The stress of moving house in the forum Forum Frolic https://www.propertyinvesting.com/topic/4399039-the-stress-of-moving-house/#post-4618824 Tue, 09 Mar 2010 11:29:33 +0000 Women need to feel safe.She needs to feel safe from the threat of poverty, ridicule, abuse, neglect, infidelity.She needs to feel safe to express herself, personally, sexually, privately, publicly, in speach, dance, song, writing, cooking, fashion, home decor, art, sport, parentingShe needs to feel safe to rely upon you as a husband, best friend,…[Read more]

]]> 810325f1951c4e86a49aa4d967be8a1e SHales replied to the topic The stress of moving house in the forum Forum Frolic https://www.propertyinvesting.com/topic/4399039-the-stress-of-moving-house/#post-4618822 Tue, 09 Mar 2010 03:44:10 +0000 Not really, though we have a very happy marriage that has lasted past the 7 year itch, and a relationship spanning 14 years as a couple.We also have three kids under 6, a business and a couple of houses.  We work together and live together.If I had to guess, I'd say you're missing a language and his language is "no clothes on" language….  No se…[Read more]

]]> 2672031e40ad08ea8534e500908bc478 SHales replied to the topic The stress of moving house in the forum Forum Frolic https://www.propertyinvesting.com/topic/4399039-the-stress-of-moving-house/#post-4618820 Tue, 09 Mar 2010 01:36:13 +0000 Benjamin Csikos wrote:
Cleaning the dishes, or cooking her a meal while she watches an episode of desperate housewives is a practical guarantee of a good night for all.  

 Yes, my husband employs a tactic much like this, only he adds having a shave and putting on some deodorant to the routine.  It has got to the point where I feel slightly ill…[Read more]

]]> 2150a18b7ed38d94a02d05adef49d20a SHales replied to the topic Ben VS the world. in the forum Forum Frolic https://www.propertyinvesting.com/topic/4398978-ben-vs-the-world/#post-4618341 Thu, 04 Mar 2010 01:05:44 +0000 Too funny Ben,I know how you can pay for all those things.  Get a second job freelance writing – you crack me up.  I reckon you could sell that stuff to a paper.It's only natural for your wife to feather her nest – it's called nesting.Get her to do a budget for how much she wants to spend.  Get her involved in making decision about what to sp…[Read more]

]]> 294e78eb6e6fbf7ec7226bb9438514fb SHales replied to the topic She's pregnant! in the forum Forum Frolic https://www.propertyinvesting.com/topic/4398852-shes-pregnant/page/2/#post-4617569 Wed, 24 Feb 2010 03:53:33 +0000 Sadly, much of that is very true.  Much of the truth of the matter is also omitted.

]]> 2777f9baba2a3f253a8eab700bbc1943 SHales replied to the topic She's pregnant! in the forum Forum Frolic https://www.propertyinvesting.com/topic/4398852-shes-pregnant/#post-4617565 Wed, 24 Feb 2010 03:18:53 +0000 Mmm.  Admire your enthusiasm, Ben.  I was more talking about sharing stories about chatting to an RE on the phone while wiping a three year olds bum.  Juggling your latest excel spreadsheet with playdough.  Retrieving the property section of the newspaper, and because your toddler wants to copy everything you do, handing them the cars section so…[Read more]

]]> c296bc8fd5d99f53f164cf8648dbf7a4 SHales replied to the topic Newbe, where do i start? in the forum Help Needed! https://www.propertyinvesting.com/topic/4398850-newbe-where-do-i-start/#post-4617539 Wed, 24 Feb 2010 01:52:21 +0000 http://www.realcommercial.com.au  has businesses for sale.  Just thought I'd mention it incase you were interested in purchasing a cash flow business.We could perhaps reccommend regions to consider if you told us what you want in a region – do you have kids, is education important.  City / regional / rural??  What do you like to do for fun?  Clim…[Read more]

]]> 45c83fd030b1a34e1637b8da372c6ca6 SHales replied to the topic She's pregnant! in the forum Forum Frolic https://www.propertyinvesting.com/topic/4398852-shes-pregnant/#post-4617558 Wed, 24 Feb 2010 01:31:49 +0000 We get our FTB A and B retrospectively when we lodge a tax return.  Your accountant should be able to tell you what to do.  Alternatively you can call the Family Assistance Office and register on the phone.  They might send you a form.  If you want to get the money fortnightly, you have to estimate your earnings.  Underestimate and they may over…[Read more]

]]> 7aed3862cf0300dde7641ce9986d5385 SHales replied to the topic ... in the forum General Property https://www.propertyinvesting.com/topic/4398861-4398861/#post-4617624 Wed, 24 Feb 2010 01:15:56 +0000 That's great John.  Thanks.I think there are alot of investors, like me, who want to know more about a region but waste alot of time on Google trying to find useful, timely, objective data.  We don't necessarily know how to access the information you are providing here, or what information to use, or how to use it.  Especially when it comes to so…[Read more]

]]> cce4a4f6eb336898c82c43017109fad6 SHales replied to the topic She's pregnant! in the forum Forum Frolic https://www.propertyinvesting.com/topic/4398852-shes-pregnant/#post-4617552 Tue, 23 Feb 2010 07:54:02 +0000 When I was a teenager I worked in a video shop for a couple of lesbians (that's beside the point but it adds to the colour of the story) who were a bit obsessed by Star Trek.  They went to Star Trek conventions and could speak Klingon.  Other than that they were pretty normal….

]]> 62f0fb6afaae0451ec02e8f813cd45a2 SHales replied to the topic This can't be that hard... can it..? in the forum Ahh, thank you Dan, so there https://www.propertyinvesting.com/topic/4398796-this-cant-be-that-hard-can-it/page/2/#post-4617288 Tue, 23 Feb 2010 02:13:04 +0000 Ahh, thank you Dan, so there is the distinction.  So long as you don't BUY a PPOR.So, for us.  In 2002, we rented out our PPOR after living in it for 2 years.  We moved into employer provided accom for about 4 years, then we bought another house as a new PPOR.  Our CGT starting point for the first house is 2006 – is that right?  So CGT is payabl…[Read more]

]]> 9a9c94bbbb36b3c54bc1cfd866fd85af SHales replied to the topic October 09 Property Crash Begins in the forum General Property https://www.propertyinvesting.com/topic/4397378-october-09-property-crash-begins/page/3/#post-4609635 Tue, 23 Feb 2010 02:06:04 +0000 HiLove a debate, so I'll put in my two cents worth."We are in a housing bubble" – agreed, but I also think that the govt and the banks will do absolutely everything they can do to stop a dramatic busting of the bubble.  I wish they wouldn't.Maybe the enormous rate of immigration, the trade shortage and the cost of development will mean the bubble…[Read more]

]]> 4bba68b3e988c64b7e6dcea99107c5e4 SHales replied to the topic ... in the forum Hi John,Thanks for answering https://www.propertyinvesting.com/topic/4398861-4398861/#post-4617622 Tue, 23 Feb 2010 01:52:38 +0000 Hi John,Thanks for answering the question about who you are, and for the further information you have provided in both threads.I think that the information you are providing is certainly interesting, and I wish I had more time to spend following your links and considering the data for myself.  Personally I prefer to view the RE market, not only…[Read more]

]]> 0c99df91abd60bb2534bb400108b6d58 SHales replied to the topic She's pregnant! in the forum Forum Frolic https://www.propertyinvesting.com/topic/4398852-shes-pregnant/#post-4617549 Tue, 23 Feb 2010 01:34:22 +0000 v8ghia wrote:
except for the Dr.Spock book bit – while he now disagrees with his earlier 'opinions' , Cheers

A common misconception – have you read any spock?  I refer to his discipline techniques a bit and find it useful food for thought.  Dr spock died in 1998 at 94 years of age – you must be better connected than me if you have his cu…[Read more]

]]> af9e44c2a1db32ce5fe4a80e3f151f38 SHales replied to the topic This can't be that hard... can it..? in the forum Help Needed! https://www.propertyinvesting.com/topic/4398796-this-cant-be-that-hard-can-it/page/2/#post-4617285 Tue, 23 Feb 2010 01:24:28 +0000 you only pay CGT when you sell.  Never sell, never pay.  Only pay income tax on rental income (unless you run a loss)Someone more knowledgeable might be able to confirm this.

]]> dacd7f2c36e990f3054fba67295bafa9 SHales replied to the topic ... in the forum General Property https://www.propertyinvesting.com/topic/4398861-4398861/#post-4617619 Mon, 22 Feb 2010 23:48:14 +0000 I too am wondering what your motivation is, John, and who you are.  I see you haven't answered the question I raised on your original post.  Do you not want to answer the question?  One moment you are introducing yourself as a newbie, the next you are launching long essays at us.  Please tell us more about who you are and what you do for a liv…[Read more]

]]> cddb62730983bccaeb21a981f1cae3b3 SHales replied to the topic Current situation and a few Q's in the forum Help Needed! https://www.propertyinvesting.com/topic/4398855-current-situation-and-a-few-qs/#post-4617585 Mon, 22 Feb 2010 06:41:10 +0000 Kev,Hi and welcome,on the to broker or not to broker questions.  I really think that if you find a good professional, no matter what their field, they add value to what you are doing (as Richard said).  A great accountant is worth every cent he charges, a great broker is definetely worth using, I use an insurance broker who saves me thousands a…[Read more]

]]> 54414a89cb29096575954138172acac4 SHales replied to the topic rural property finance in the forum Finance https://www.propertyinvesting.com/topic/4398783-rural-property-finance/#post-4617159 Mon, 22 Feb 2010 04:52:59 +0000 What sort of LVR for rural property purchased at Auction?Potential security which I have to offer is 1 x PPOR, 1 x res inv, $100K plus cattle.No cash deposit (unless I sell the cattle, which takes too long really).S

]]> 2f20acdf73f8e58710b89c24b494c75b SHales replied to the topic This can't be that hard... can it..? in the forum Help Needed! https://www.propertyinvesting.com/topic/4398796-this-cant-be-that-hard-can-it/page/2/#post-4617278 Mon, 22 Feb 2010 04:43:50 +0000 PeppersGhost wrote:
apart from that first week out of the hospital… scary as hell. That week for me was like the opening scene of Saving Private Ryan…

It's really not that bad, PeppersGhost – you big sook.  Not even for the mother! (Unless you get very unlucky).  Take that week off work, step in and do the washing and the cooking and let…[Read more]

]]> 5630b3249bec5be0fb2bc19086d3fae5 SHales replied to the topic She's pregnant! in the forum Forum Frolic https://www.propertyinvesting.com/topic/4398852-shes-pregnant/#post-4617547 Mon, 22 Feb 2010 01:57:27 +0000 Enormous and heartfelt congratulations to both you and your wife.  Such a very special time of your lives.  The kids are the best and most important investment you will ever make.  Coming from a Mum of three who eight months ago had her last baby and is sadly letting go of the baby years ever so slowly.Now you can't leverage your super to do th…[Read more]

]]> 9f29694be58e7292d9cc3886435168d3 SHales replied to the topic This can't be that hard... can it..? in the forum Help Needed! https://www.propertyinvesting.com/topic/4398796-this-cant-be-that-hard-can-it/#post-4617270 Sun, 21 Feb 2010 22:21:49 +0000 I reckon financial best is probably to rent a place to live (worth about 650K or less) and rent out 650K place.  Lifestyle does come into it, though, and personallly I much prefer living in my own home.  Of course, that is a very short answer and there is alot to consider and you need to confirm the answer with some maths.

]]> 2bc242756d93d792dea9ca0cf9245570 SHales replied to the topic Investor saturation... perhaps this question has been asked before. in the forum Opinionated! https://www.propertyinvesting.com/topic/4398834-investor-saturation-perhaps-this-question-has-been-asked-before/#post-4617473 Sun, 21 Feb 2010 11:39:52 +0000 Yeah, I'd certainly call that a good deal too, if it fit my risk profile.  Certainly, deals like that are unusual.  In the town where I live, there is currently a 1 bed house for sale for $88K.  Don't know what it would rent for.  I'm not interested cause I currently have other plans.The other thing that I'd call a good deal is anything within my…[Read more]

]]> 2d5d57e324a731ced589ad967379bc27 SHales replied to the topic This can't be that hard... can it..? in the forum Help Needed! https://www.propertyinvesting.com/topic/4398796-this-cant-be-that-hard-can-it/#post-4617266 Sun, 21 Feb 2010 11:29:49 +0000 I don't have the millions, but even though I'm somewhat unqualified, I'll second dwolfe's opinion on multiple lower value ips being a better solution than million dollar ip.  One common thought is that in times of downturn, lower end property is less affected than top end property, in terms of value, rentability, rental rate, everything.  I t…[Read more]

]]> f632a65c2de1216f1a9133c6afd27a02 SHales replied to the topic Elite Investor Pack in the forum Help Needed! https://www.propertyinvesting.com/topic/4398705-elite-investor-pack/#post-4616679 Sun, 21 Feb 2010 02:41:18 +0000 Bump..I'd also like to know.

]]> d92141fd8413eb99b479e6a3747d02eb SHales replied to the topic ... in the forum Hello John,The article https://www.propertyinvesting.com/topic/4398844-4398844/#post-4617504 Sun, 21 Feb 2010 02:09:36 +0000 Hello John,The article appears to be well written and researched, except for me, it fails to substatiate its claims with referencing.  When an opinion is stated as fact, I always like to know who's opinion it is.  I'm also wondering if you have some sort of relationship with Australian Real Estate.net or if you just found this article on the n…[Read more]

]]> 53f333e0e2a5fb929b9abe3d840bfdd2 SHales replied to the topic Investor saturation... perhaps this question has been asked before. in the forum Opinionated! https://www.propertyinvesting.com/topic/4398834-investor-saturation-perhaps-this-question-has-been-asked-before/#post-4617471 Sun, 21 Feb 2010 01:49:05 +0000 There are many forces pushing (or that have pushed over the last 10 years) the price of property to the current levels.  First home owners grants, previously low interest rates, immigration, the cost of developing land, the shortage of trade labour, the mining boom increasing average wages (particularly in some areas), the normal cycle of the…[Read more]

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