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	<title>PropertyInvesting.com | SlumLord | Activity</title>
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				<title>SlumLord replied to the topic spann and valuers... in the forum General Property</title>
				<link>https://www.propertyinvesting.com/topic/4377252-spann-and-valuers/#post-4497001</link>
				<pubDate>Sun, 05 Dec 2004 03:03:08 +0000</pubDate>

									<content:encoded><![CDATA[<p>The story on page 32. I know what you are questioning, she says she is a &#8220;stay at home&#8221; mom, not a single mom though.  Looks to me like she fails to mention her husband/partner at all in the story, and it would be his income that is being used to service the loans.</p>
<p>I have been told if you are married that the house wife can show the husbands&hellip;<span class="activity-read-more" id="activity-read-more-128941"><a href="https://www.propertyinvesting.com/topic/4377252-spann-and-valuers/#post-4497001" rel="nofollow">[Read more]</a></span></p>
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				<title>SlumLord replied to the topic YOUR PREFERENCE. in the forum General Property</title>
				<link>https://www.propertyinvesting.com/topic/4376431-your-preference/#post-4492608</link>
				<pubDate>Tue, 12 Oct 2004 09:40:31 +0000</pubDate>

									<content:encoded><![CDATA[<p>Assuming your rental grows by 3% per annum and assuming expenses at 8.5% total per annum.</p>
<p>You get the following over 10 years</p>
<p>10% growth 5% yield<br />
Cash flow: &#8211; $55,361<br />
Capital Growth: $318,748<br />
Net Gain: $263,387</p>
<p>5% growth 10% yield<br />
Negative cash flow: $59,277<br />
Capital Growth: $125,778<br />
Net Gain: $185,056</p>
<p>Note if you are in the top tax bracket the&hellip;<span class="activity-read-more" id="activity-read-more-170169"><a href="https://www.propertyinvesting.com/topic/4376431-your-preference/#post-4492608" rel="nofollow">[Read more]</a></span></p>
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				<title>SlumLord replied to the topic To sell... or not to sell... in the forum Help Needed!</title>
				<link>https://www.propertyinvesting.com/topic/4375852-to-sell-or-not-to-sell-4/#post-4488876</link>
				<pubDate>Wed, 08 Sep 2004 07:46:20 +0000</pubDate>

									<content:encoded><![CDATA[<p>Yah I put it in an offset account.</p>
<p>The refinance money spent on loan payments is still deductible.  The purpose of the money is not to pay off debt, as its all interest only for me.  Itâ€™s simply a cost of supporting the rental property.</p>
<p>Slumlord</p>
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				<title>SlumLord replied to the topic To sell... or not to sell... in the forum Help Needed!</title>
				<link>https://www.propertyinvesting.com/topic/4375852-to-sell-or-not-to-sell-4/#post-4488874</link>
				<pubDate>Tue, 07 Sep 2004 12:03:46 +0000</pubDate>

									<content:encoded><![CDATA[<p>alwayscurious,</p>
<p>I couldnâ€™t possibly service all my loans without refinance.  I do have a number of cash + properties, nearly all of which I have now made cash &#8211; by refinancing.  But I just keep going and going.  I have such a huge equity buffer now it doesnâ€™t much matter, at any time I can sell a handful or properties and turn the cash flow&hellip;<span class="activity-read-more" id="activity-read-more-132192"><a href="https://www.propertyinvesting.com/topic/4375852-to-sell-or-not-to-sell-4/#post-4488874" rel="nofollow">[Read more]</a></span></p>
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				<title>SlumLord replied to the topic Building in New Estates? in the forum No Subject</title>
				<link>https://www.propertyinvesting.com/topic/4375654-building-in-new-estates/#post-4487641</link>
				<pubDate>Sat, 04 Sep 2004 08:46:20 +0000</pubDate>

									<content:encoded><![CDATA[<p>Waynel2,</p>
<p>There is lots of money building new houses in new estates, 12 months ago in WA you could have bought just about any block and just picked out a cheapish builder and made 30-50k easy.  Land Prices have moved since then and house prices have not moved as much, so the land and construction costs have sorta caught up with the established&hellip;<span class="activity-read-more" id="activity-read-more-163591"><a href="https://www.propertyinvesting.com/topic/4375654-building-in-new-estates/#post-4487641" rel="nofollow">[Read more]</a></span></p>
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				<title>SlumLord replied to the topic To sell... or not to sell... in the forum No Subject</title>
				<link>https://www.propertyinvesting.com/topic/4375852-to-sell-or-not-to-sell-4/#post-4488871</link>
				<pubDate>Sat, 04 Sep 2004 08:22:51 +0000</pubDate>

									<content:encoded><![CDATA[<p>Refinance and use the money to pay the negative cash flow.</p>
<p>Example:</p>
<p>Negative: $500 per month x 12 months = $6000</p>
<p>Refinance: $250,000 (paid) &#8211; $350,000 (current value) = $100,000<br />
$100,000 x 80% (loan) = $80,000</p>
<p>Now this will make the property more negative, but you can use an interest offset loan to only draw down as you need.  So you should be&hellip;<span class="activity-read-more" id="activity-read-more-81442"><a href="https://www.propertyinvesting.com/topic/4375852-to-sell-or-not-to-sell-4/#post-4488871" rel="nofollow">[Read more]</a></span></p>
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				<title>SlumLord replied to the topic Thoughts on buying in Packenham? in the forum General Property</title>
				<link>https://www.propertyinvesting.com/topic/4375685-thoughts-on-buying-in-packenham/#post-4487817</link>
				<pubDate>Fri, 27 Aug 2004 02:10:15 +0000</pubDate>

									<content:encoded><![CDATA[<p>I own one in Pakenham.  If you are looking for cash flow Pakenham is not the place.  You would be looking at about 4-5% returns at the moment.  It does have huge population growth, but a fair bit of land left too.</p>
<p>If you are going to buy something with only 5% return then I would look for something beachside in WA.</p>
<p>SlumLord</p>
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				<title>SlumLord replied to the topic Cashflow book misleading in the forum General Property</title>
				<link>https://www.propertyinvesting.com/topic/4375644-cashflow-book-misleading/page/2/#post-4487574</link>
				<pubDate>Fri, 27 Aug 2004 02:02:30 +0000</pubDate>

									<content:encoded><![CDATA[<p>Niki</p>
<p>If you email me the location, price you paid, how many bed bath (ie 3&#215;1 house, 2&#215;1 unit) for your properties I may be able to buy them all off you, fully covering your original costs inc stamp duty, legal fees etc.</p>
<p>email me: <a href="mailto:mwiemels@hotmail.com" rel="nofollow">mwiemels@hotmail.com</a></p>
<p>Thanks</p>
<p>SlumLord</p>
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				<title>SlumLord replied to the topic Townhouse Building Cost in the forum Value Adding</title>
				<link>https://www.propertyinvesting.com/topic/4375421-townhouse-building-cost/#post-4486052</link>
				<pubDate>Thu, 12 Aug 2004 21:48:31 +0000</pubDate>

									<content:encoded><![CDATA[<p>Prices I quoted I have gotten in VIC and WA, not just one builder, shop around and its not too hard to find them.. Dunno about NSW, never nuilt there.</p>
<p>Slum Lord</p>
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				<title>SlumLord replied to the topic Renting in rockhampton in the forum General Property</title>
				<link>https://www.propertyinvesting.com/topic/4375455-renting-in-rockhampton/#post-4486326</link>
				<pubDate>Thu, 12 Aug 2004 11:20:25 +0000</pubDate>

									<content:encoded><![CDATA[<p>If you think the rent is right, switch agents. do it sooner that later.  I can&#8217;t tell you the number of times I have held on and then finaly swap agents as a last resort and get it rented next day.</p>
<p>Slum Lord</p>
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				<title>SlumLord replied to the topic Melbourne property investors meeting in the forum General Property</title>
				<link>https://www.propertyinvesting.com/topic/4375474-melbourne-property-investors-meeting/#post-4486432</link>
				<pubDate>Thu, 12 Aug 2004 11:17:01 +0000</pubDate>

									<content:encoded><![CDATA[<p>FW,</p>
<p>How many people normaly attend these meetings?</p>
<p>Thanks</p>
<p>Slum Lord</p>
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				<title>SlumLord replied to the topic Glad you could be here! in the forum Value Adding</title>
				<link>https://www.propertyinvesting.com/topic/4375388-glad-you-could-be-here/#post-4485857</link>
				<pubDate>Thu, 12 Aug 2004 11:10:24 +0000</pubDate>

									<content:encoded><![CDATA[<p>Tycoon,</p>
<p>1. Keep your job, you will need it to get loans.<br />
2. Do a duplex first. You can get normal residential finance, 3 unit site you will need commercial leanding.<br />
3.  Just do it.  The experience will be worth more than the profit.</p>
<p>Slum Lord</p>
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				<title>SlumLord replied to the topic Townhouse Building Cost in the forum Value Adding</title>
				<link>https://www.propertyinvesting.com/topic/4375421-townhouse-building-cost/#post-4486049</link>
				<pubDate>Thu, 12 Aug 2004 11:04:02 +0000</pubDate>

									<content:encoded><![CDATA[<p>90-120k complete for 15-19 Square townhouse.. There&#8217;s a range for you..</p>
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				<title>SlumLord replied to the topic Making a small fortune in NZ Real Estate... in the forum General Property</title>
				<link>https://www.propertyinvesting.com/topic/4374436-making-a-small-fortune-in-nz-real-estate/page/2/#post-4479039</link>
				<pubDate>Sat, 26 Jun 2004 00:20:24 +0000</pubDate>

									<content:encoded><![CDATA[<p>Westen,</p>
<p>Just a note on your comment, your Morwell property had not gone up any more.  Dunno if its just that property or not, but I have a house in Morwell and had thought the same, but when it was revalued this month (by the same valuer that valued it 6 months ago) it was up from 120k in January 2004 to 134k in June 2004.</p>
<p>Maybe they had just&hellip;<span class="activity-read-more" id="activity-read-more-271386"><a href="https://www.propertyinvesting.com/topic/4374436-making-a-small-fortune-in-nz-real-estate/page/2/#post-4479039" rel="nofollow">[Read more]</a></span></p>
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				<title>SlumLord replied to the topic Expressions of Interest - GEHA Leases in the forum General Property</title>
				<link>https://www.propertyinvesting.com/topic/4372360-expressions-of-interest-geha-leases/#post-4463828</link>
				<pubDate>Sat, 27 Mar 2004 03:36:44 +0000</pubDate>

									<content:encoded><![CDATA[<p>Can&#8217;t find anything about in on their web site? where is this information?</p>
<p>Thanks</p>
<p>Slum Lord</p>
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				<title>SlumLord replied to the topic +ve Properties OZ in the forum General Property</title>
				<link>https://www.propertyinvesting.com/topic/4371950-ve-properties-oz/#post-4460228</link>
				<pubDate>Sun, 14 Mar 2004 04:53:34 +0000</pubDate>

									<content:encoded><![CDATA[<p>Lets stop talking cashflow and start talking rental return. Rent devided by Price of the property.  I know there is more to cashflow than that, ie rates, vacany, interest rate on loan, but this at least gives a more subjective starting point.</p>
<p>I have bought houses in VIC in large regional centres with 8% rental return (bought in the last few&hellip;<span class="activity-read-more" id="activity-read-more-213842"><a href="https://www.propertyinvesting.com/topic/4371950-ve-properties-oz/#post-4460228" rel="nofollow">[Read more]</a></span></p>
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				<title>SlumLord replied to the topic Next Booming Spot to Buy? in the forum General Property</title>
				<link>https://www.propertyinvesting.com/topic/4369681-next-booming-spot-to-buy/page/2/#post-4441717</link>
				<pubDate>Thu, 04 Dec 2003 10:42:54 +0000</pubDate>

									<content:encoded><![CDATA[<p>I looked into buying in Iraq a few months back, seemed a logical investment to me… Unfortunately my research told me that non-Iraq’s could not own property.  If anyone else finds out otherwise it would be great to know.</p>
<p>You should keep in mind before the major runin with the US and the embargo, Iraq was a rich and thriving country and Baghdad off&hellip;<span class="activity-read-more" id="activity-read-more-248422"><a href="https://www.propertyinvesting.com/topic/4369681-next-booming-spot-to-buy/page/2/#post-4441717" rel="nofollow">[Read more]</a></span></p>
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				<title>SlumLord replied to the topic property manager in Traralgon/Morwell in the forum General Property</title>
				<link>https://www.propertyinvesting.com/topic/4369086-property-manager-in-traralgonmorwell/#post-4436999</link>
				<pubDate>Sat, 01 Nov 2003 05:21:19 +0000</pubDate>

									<content:encoded><![CDATA[<p>The sad fact is, it is better to switch agents than to expect that complaining to your current agent will generate better results.  With the “S” agent I had a house that was vacant for a while and the agent said they had someone looking at my house and another house they have, but they were pushing them towards my house because they didn’t like&hellip;<span class="activity-read-more" id="activity-read-more-165161"><a href="https://www.propertyinvesting.com/topic/4369086-property-manager-in-traralgonmorwell/#post-4436999" rel="nofollow">[Read more]</a></span></p>
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				<title>SlumLord replied to the topic QS - Depreciation is it worth doing? in the forum General Property</title>
				<link>https://www.propertyinvesting.com/topic/4369014-qs-depreciation-is-it-worth-doing/#post-4436375</link>
				<pubDate>Thu, 30 Oct 2003 12:31:28 +0000</pubDate>

									<content:encoded><![CDATA[<p>fullout,</p>
<p>I have been told by and agent, that has worked in that area for 25 years, that there are no QS out there.  You need to get one from Melbourne.</p>
<p>Slum Lord</p>
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				<title>SlumLord replied to the topic property manager in Traralgon/Morwell in the forum No Subject</title>
				<link>https://www.propertyinvesting.com/topic/4369086-property-manager-in-traralgonmorwell/#post-4436988</link>
				<pubDate>Thu, 30 Oct 2003 12:27:53 +0000</pubDate>

									<content:encoded><![CDATA[<p>fullout,</p>
<p>This company that is letting you down.  The agency doesn&#8217;t happen to start with an &#8220;S&#8221; does it?</p>
<p>I have had problems with the &#8220;S&#8221; franchise in the area.</p>
<p>Slum Lord</p>
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				<title>SlumLord replied to the topic renovate / build units in the forum General Property</title>
				<link>https://www.propertyinvesting.com/topic/4368715-renovate-build-units/#post-4433813</link>
				<pubDate>Mon, 13 Oct 2003 03:30:58 +0000</pubDate>

									<content:encoded><![CDATA[<p>If the numbers you put up hold true then I would build the units. If you don’t have the cash to do the deal find a partner and do it.  OR get approved plans and onsell it to a builder.</p>
<p>Wouldn’t hold it for rental, you can get that kind of return in more premium metro areas, would not settle for that return in a regional area.</p>
<p>Slum Lord</p>
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				<title>SlumLord replied to the topic It's a crazy market in the forum General Property</title>
				<link>https://www.propertyinvesting.com/topic/4368689-its-a-crazy-market/#post-4433641</link>
				<pubDate>Mon, 13 Oct 2003 01:05:22 +0000</pubDate>

									<content:encoded><![CDATA[<p>westan,</p>
<p>That makes sense.  I must admit I have started to focus on diversification myself.  Once you acquire enough properties you begin to realise that vacancy rate is probably your number one risk.</p>
<p>I am getting to the stage where I am paying down debt and protecting myself against interest rate hikes but even then the one thing that could&hellip;<span class="activity-read-more" id="activity-read-more-179053"><a href="https://www.propertyinvesting.com/topic/4368689-its-a-crazy-market/#post-4433641" rel="nofollow">[Read more]</a></span></p>
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				<title>SlumLord replied to the topic Bumps in the road in the forum General Property</title>
				<link>https://www.propertyinvesting.com/topic/4368688-bumps-in-the-road/#post-4433630</link>
				<pubDate>Sun, 12 Oct 2003 10:15:58 +0000</pubDate>

									<content:encoded><![CDATA[<p>Powmow,</p>
<p>Once I figured out it was the wrong house I tried to set a time to have a look inside, but was unable to set a time the tenant would agree too.  I got a building inspector to go through it and it was structurally sound, the agent told me it looked the same as the other house on the inside.</p>
<p>The managing agents are a problem, I should have&hellip;<span class="activity-read-more" id="activity-read-more-182952"><a href="https://www.propertyinvesting.com/topic/4368688-bumps-in-the-road/#post-4433630" rel="nofollow">[Read more]</a></span></p>
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				<title>SlumLord replied to the topic House unrenovated but on busy road - thoughts? in the forum General Property</title>
				<link>https://www.propertyinvesting.com/topic/4368677-house-unrenovated-but-on-busy-road-thoughts/#post-4433525</link>
				<pubDate>Sun, 12 Oct 2003 04:31:59 +0000</pubDate>

									<content:encoded><![CDATA[<p>Yah, total cost of house: Purchase Price + reno + stamp duty, etc you want to make 20% on top of that.  So if the total costs is say 265k, you want to make 20% on top of that which is 53k, need to sell for $318k.</p>
<p>As a rule you shouldn’t have to take something on that you don’t expect to make 20% on.  And don’t tie yourself to straight renos only,&hellip;<span class="activity-read-more" id="activity-read-more-23958"><a href="https://www.propertyinvesting.com/topic/4368677-house-unrenovated-but-on-busy-road-thoughts/#post-4433525" rel="nofollow">[Read more]</a></span></p>
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				<title>SlumLord replied to the topic Bumps in the road in the forum General Property</title>
				<link>https://www.propertyinvesting.com/topic/4368688-bumps-in-the-road/#post-4433626</link>
				<pubDate>Sat, 11 Oct 2003 15:31:09 +0000</pubDate>

									<content:encoded><![CDATA[<p>Story: Bought the wrong house</p>
<p>Agent was confused, had a few houses that looked about the same.  Got to look in one, was not able to get a look in the other.  Made an offer on the house I had seen and the agent wrote the deal for the wrong house.</p>
<p>The house I thought I bought had a brand new kitchen, new paint inside, and a single garage.</p>
<p>The&hellip;<span class="activity-read-more" id="activity-read-more-182948"><a href="https://www.propertyinvesting.com/topic/4368688-bumps-in-the-road/#post-4433626" rel="nofollow">[Read more]</a></span></p>
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				<title>SlumLord replied to the topic It's a crazy market in the forum General Property</title>
				<link>https://www.propertyinvesting.com/topic/4368689-its-a-crazy-market/#post-4433635</link>
				<pubDate>Sat, 11 Oct 2003 14:53:26 +0000</pubDate>

									<content:encoded><![CDATA[<p>westan,</p>
<p>Why would you sell a property with a 17% return?</p>
<p>Slum Lord</p>
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				<title>SlumLord replied to the topic Should my accountant be a property investor? in the forum General Property</title>
				<link>https://www.propertyinvesting.com/topic/4368350-should-my-accountant-be-a-property-investor/#post-4431158</link>
				<pubDate>Sat, 11 Oct 2003 09:10:51 +0000</pubDate>

									<content:encoded><![CDATA[<p>As a rule I don’t listen to accountants on investment advice, if they really knew the investment game then chances are they wouldn’t be accountants anymore.</p>
<p>If you are looking for Tax advice then a good accountant is what you need.</p>
<p>If you want investment advice then you need to speak to rich people.</p>
<p>Slum Lord</p>
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				<title>SlumLord replied to the topic House unrenovated but on busy road - thoughts? in the forum General Property</title>
				<link>https://www.propertyinvesting.com/topic/4368677-house-unrenovated-but-on-busy-road-thoughts/#post-4433521</link>
				<pubDate>Sat, 11 Oct 2003 09:04:27 +0000</pubDate>

									<content:encoded><![CDATA[<p>Not very good rental returns, even renovated. If you could buy renovate and sell for 312k or it would be worth it.</p>
<p>When looking for reno/development projects you should typical use 20% margin as your minimum, there are plenty of projects out there that can make you 20% if you look.</p>
<p>As far as holding it after reno, you’re talking about a return l&hellip;<span class="activity-read-more" id="activity-read-more-23954"><a href="https://www.propertyinvesting.com/topic/4368677-house-unrenovated-but-on-busy-road-thoughts/#post-4433521" rel="nofollow">[Read more]</a></span></p>
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				<title>SlumLord replied to the topic nhill? in the forum General Property</title>
				<link>https://www.propertyinvesting.com/topic/4368633-nhill/#post-4433208</link>
				<pubDate>Sat, 11 Oct 2003 01:34:25 +0000</pubDate>

									<content:encoded><![CDATA[<p>Be careful in that region, Nhill is in an area of significant population decline.</p>
<p>Slum Lord</p>
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				<title>SlumLord replied to the topic Suggestions for PPOR location ? in the forum No Subject</title>
				<link>https://www.propertyinvesting.com/topic/4368488-suggestions-for-ppor-location/#post-4432289</link>
				<pubDate>Mon, 06 Oct 2003 22:47:41 +0000</pubDate>

									<content:encoded><![CDATA[<p>I have been to Woodend a number of times, its a great little town and the people are much warmer than your average city person.  Plus it not all the far from Melbounre.</p>
<p>Slum Lord</p>
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				<title>SlumLord replied to the topic Buying in the forum Hotch Potch</title>
				<link>https://www.propertyinvesting.com/topic/4368474-buying/#post-4432198</link>
				<pubDate>Sun, 05 Oct 2003 23:10:39 +0000</pubDate>

									<content:encoded><![CDATA[<p>Focus on building rapport with the agent.  Have them tell you about the local area and be impressed and grateful for their knowledge.  Let them know you like them and pay them some complements, on their car, their skill in presenting the house, or whatever. I find if you build rapport you can then ask them direct questions and get real answers.</p>
<p>Slum Lord</p>
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				<title>SlumLord replied to the topic The fundamentals behind QLD property growth in the forum The Treasure Chest</title>
				<link>https://www.propertyinvesting.com/topic/4367955-the-fundamentals-behind-qld-property-growth/#post-4428858</link>
				<pubDate>Fri, 19 Sep 2003 01:55:42 +0000</pubDate>

									<content:encoded><![CDATA[<p>QLD has strong population growth.</p>
<p>The Majority of this growth is from Sydney and Melbourne migration.</p>
<p>Home owners in Sydney and Melbourne are selling their homes (many that have doubled in price in the last 5 years alone)</p>
<p>The most cashed up buyers in the entire country are heading to QLD, while overseas immigrants are taking there places in VIC&hellip;<span class="activity-read-more" id="activity-read-more-207630"><a href="https://www.propertyinvesting.com/topic/4367955-the-fundamentals-behind-qld-property-growth/#post-4428858" rel="nofollow">[Read more]</a></span></p>
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				<title>SlumLord replied to the topic Does low Capital Growth = low rental increases ? in the forum The Treasure Chest</title>
				<link>https://www.propertyinvesting.com/topic/4367971-does-low-capital-growth-low-rental-increases/#post-4428936</link>
				<pubDate>Fri, 19 Sep 2003 01:41:08 +0000</pubDate>

									<content:encoded><![CDATA[<p>Over the last 35 years rents have not moved inline with property prices, in fact the rental yield has continued to fall.</p>
<p>You will actually find that in regional areas people invest with the expectation of good rental returns.</p>
<p>In the major cities over the past 5 years the property prices have gone up while the rental has been stagnate or slowly&hellip;<span class="activity-read-more" id="activity-read-more-117585"><a href="https://www.propertyinvesting.com/topic/4367971-does-low-capital-growth-low-rental-increases/#post-4428936" rel="nofollow">[Read more]</a></span></p>
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				<title>SlumLord replied to the topic Buying in Homeswest area in the forum The Treasure Chest</title>
				<link>https://www.propertyinvesting.com/topic/4367785-buying-in-homeswest-area/#post-4428027</link>
				<pubDate>Sat, 13 Sep 2003 07:12:50 +0000</pubDate>

									<content:encoded><![CDATA[<p>I own a fair bit of stuff in government assisted housing areas, but none in WA.  While I find as a rule the vacancy and rentablity of the properties may not be as good as the same property in a non-government assisted area, the price/cash flow often makes up for it.</p>
<p>I think most of the time, if you use a little common sense, and have a look at&hellip;<span class="activity-read-more" id="activity-read-more-276837"><a href="https://www.propertyinvesting.com/topic/4367785-buying-in-homeswest-area/#post-4428027" rel="nofollow">[Read more]</a></span></p>
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				<title>SlumLord replied to the topic Good investment?? in the forum No Subject</title>
				<link>https://www.propertyinvesting.com/topic/4367802-good-investment/#post-4428093</link>
				<pubDate>Sat, 13 Sep 2003 06:20:42 +0000</pubDate>

									<content:encoded><![CDATA[<p>Sounds great, IF:</p>
<p>The town has a stable or growing popualtion.</p>
<p>Slum Lord</p>
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				<title>SlumLord replied to the topic Best tax-minimising investment?? in the forum The Treasure Chest</title>
				<link>https://www.propertyinvesting.com/topic/4367775-best-tax-minimising-investment/#post-4427902</link>
				<pubDate>Sat, 13 Sep 2003 06:18:03 +0000</pubDate>

									<content:encoded><![CDATA[<p>If you start by focusing on tax minimisation then you will be missing the point. Focus on investments that make money first, and minimise tax 2nd.</p>
<p>The fact is the worse the investment the more it minimizes your tax.</p>
<p>Buying newer properties will allow you to take advantage of on paper depreciation, but this should only bee seen as the cream on&hellip;<span class="activity-read-more" id="activity-read-more-222999"><a href="https://www.propertyinvesting.com/topic/4367775-best-tax-minimising-investment/#post-4427902" rel="nofollow">[Read more]</a></span></p>
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				<title>SlumLord replied to the topic This may be something for you? in the forum The Treasure Chest</title>
				<link>https://www.propertyinvesting.com/topic/4367796-this-may-be-something-for-you/#post-4428076</link>
				<pubDate>Sat, 13 Sep 2003 06:00:44 +0000</pubDate>

									<content:encoded><![CDATA[<p>The most important question.  Is it positive cash flow?</p>
<p>Slum Lord</p>
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				<title>SlumLord replied to the topic Terry Ryder off Steves Xmas card list in the forum The Treasure Chest</title>
				<link>https://www.propertyinvesting.com/topic/4367760-terry-ryder-off-steves-xmas-card-list/#post-4427824</link>
				<pubDate>Thu, 11 Sep 2003 22:04:32 +0000</pubDate>

									<content:encoded><![CDATA[<p>That article is a riot; the guy is just making stuff up. I wonder how may people actually believe this?</p>
<p>He speaks of the Steves Wrap deals: bet he has never seen one of stsves contracts.</p>
<p>He says Steve only does wraps: we all know this is not true.</p>
<p>He talks about buying property in Sydney worth 500k each!: How many of these do you think Steve&hellip;<span class="activity-read-more" id="activity-read-more-64125"><a href="https://www.propertyinvesting.com/topic/4367760-terry-ryder-off-steves-xmas-card-list/#post-4427824" rel="nofollow">[Read more]</a></span></p>
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				<title>SlumLord replied to the topic Quantity or quality? in the forum The Treasure Chest</title>
				<link>https://www.propertyinvesting.com/topic/4367761-quantity-or-quality/#post-4427846</link>
				<pubDate>Thu, 11 Sep 2003 21:54:01 +0000</pubDate>

									<content:encoded><![CDATA[<p>From someone who has a bit of both, I would suggest you are better to have about 65-75% cheap stuff and the rest more premium.</p>
<p>Right now I have alot more premium stuff, about 75%, and the truth is my capitol growth on the &#8220;back of nowhere&#8221; stuff has been equal to that of my property in premium locations.</p>
<p>Also Vacancy rates are much lower in&hellip;<span class="activity-read-more" id="activity-read-more-160655"><a href="https://www.propertyinvesting.com/topic/4367761-quantity-or-quality/#post-4427846" rel="nofollow">[Read more]</a></span></p>
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				<title>SlumLord replied to the topic Whitsundays coast investing in the forum No Subject</title>
				<link>https://www.propertyinvesting.com/topic/4367264-whitsundays-coast-investing/#post-4424851</link>
				<pubDate>Thu, 28 Aug 2003 03:02:08 +0000</pubDate>

									<content:encoded><![CDATA[<p>When you own a room in a hotel, or resort, what happens when the business goes under? or the managment is poor?</p>
<p>2nd question.  What happens to your property value when the sales people have sold all the units and the promotion of these units stops.</p>
<p>I&#8217;m not a big fan of these type of deals.  I know of some of the best resorts, in prime locations,&hellip;<span class="activity-read-more" id="activity-read-more-287922"><a href="https://www.propertyinvesting.com/topic/4367264-whitsundays-coast-investing/#post-4424851" rel="nofollow">[Read more]</a></span></p>
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				<title>SlumLord replied to the topic Renovation opportunity scenario in the forum The Treasure Chest</title>
				<link>https://www.propertyinvesting.com/topic/4367176-renovation-opportunity-scenario/#post-4423993</link>
				<pubDate>Mon, 25 Aug 2003 01:20:08 +0000</pubDate>

									<content:encoded><![CDATA[<p>Cameron,</p>
<p>Yah, thats a killer deal, Reno will be cheap.  I would act fast before someone else snages this deal.  I can&#8217;t see how you could go wrong here.</p>
<p>Slum Lord</p>
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				<title>SlumLord replied to the topic How many you got? in the forum The Treasure Chest</title>
				<link>https://www.propertyinvesting.com/topic/4366761-how-many-you-got/#post-4421310</link>
				<pubDate>Fri, 08 Aug 2003 14:34:43 +0000</pubDate>

									<content:encoded><![CDATA[<p>Bill,</p>
<p>Mine are in regional centres in VIC, QLD, and WA also some in outer suburbs of capitol cities in these sates.  I think once you start buying, and begin to know what you are looking for, the areas become easier to find.</p>
<p>I wouldn’t care to mention town names, not because of greed or anything, but because this board gets such a strong r&hellip;<span class="activity-read-more" id="activity-read-more-24621"><a href="https://www.propertyinvesting.com/topic/4366761-how-many-you-got/#post-4421310" rel="nofollow">[Read more]</a></span></p>
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				<title>SlumLord replied to the topic How many you got? in the forum The Treasure Chest</title>
				<link>https://www.propertyinvesting.com/topic/4366761-how-many-you-got/#post-4421294</link>
				<pubDate>Fri, 08 Aug 2003 02:02:17 +0000</pubDate>

									<content:encoded><![CDATA[<p>Finance has been a nightmare, just make sure the numbers are right and keep pushing, also try not to give them too many at one time, 2 at a time is good.</p>
<p>So any others? lots of people posting on this board, would be nice to get an idea of how they are going?</p>
<p>Don&#8217;t be afraid to say &#8220;0&#8221; or 1 or 2. Everyone had 0 at some point.</p>
<p>Slumy</p>
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				<title>SlumLord replied to the topic Exit Strategy? in the forum The Treasure Chest</title>
				<link>https://www.propertyinvesting.com/topic/4366743-exit-strategy/#post-4421228</link>
				<pubDate>Thu, 07 Aug 2003 12:54:20 +0000</pubDate>

									<content:encoded><![CDATA[<p>Interest rates will not hit 17% again any time soon, maybe not even in our lifetime.  With the amount of debt the average household has taken on based on buying property and refinancing to access equity, a sharp rise in rates would cripple the average Australian family (not just the investors).  The RBA is well aware of this and would not act so&hellip;<span class="activity-read-more" id="activity-read-more-106313"><a href="https://www.propertyinvesting.com/topic/4366743-exit-strategy/#post-4421228" rel="nofollow">[Read more]</a></span></p>
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				<title>SlumLord replied to the topic Why Brisbane is best: in the forum The Treasure Chest</title>
				<link>https://www.propertyinvesting.com/topic/4366748-why-brisbane-is-best/#post-4421245</link>
				<pubDate>Thu, 07 Aug 2003 07:23:05 +0000</pubDate>

									<content:encoded><![CDATA[<p>crashy,</p>
<p>&#8220;Sydney yields are around 2.7%, compared with 7.2% in Brisbane&#8221;</p>
<p>7.2% would be some of the best returns in the worst areas, the real average rental retun in Brizy would be far below this.  Where did you get this number from?</p>
<p>BTW, I do agree Brizy has lots of legs left, just not sure about your rental return numbers.</p>
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				<title>SlumLord replied to the topic ozzie investing in NZ..Question? in the forum The Treasure Chest</title>
				<link>https://www.propertyinvesting.com/topic/4366065-ozzie-investing-in-nz-question/#post-4417317</link>
				<pubDate>Fri, 13 Jun 2003 23:05:18 +0000</pubDate>

									<content:encoded><![CDATA[<p>You wont be able to get a loan in NZ$ from and Aussie bank.</p>
<p>I would also be very surprised if you can find an NZ bank that will loan an Aussie to buy NZ property with only 20% down.  I had looked into ths in the past and about the best I could find was 65-70%.  If anyone has gotten a loan with only 20% down it would be great to find out what&hellip;<span class="activity-read-more" id="activity-read-more-22328"><a href="https://www.propertyinvesting.com/topic/4366065-ozzie-investing-in-nz-question/#post-4417317" rel="nofollow">[Read more]</a></span></p>
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				<title>SlumLord replied to the topic land opportunity in the forum The Treasure Chest</title>
				<link>https://www.propertyinvesting.com/topic/4365998-land-opportunity/#post-4416923</link>
				<pubDate>Fri, 06 Jun 2003 04:38:07 +0000</pubDate>

									<content:encoded><![CDATA[<p>Thats a bit high risk for your first deal.</p>
<p>What happens if you can&#8217;t sell? Will you have the money and finance to settle? You could end up making payments on land with no income?</p>
<p>Could get messy, this is the kind of deal is realestate speculation, not investment.</p>
<p>Your first REI deal should be a cheap positive cash flow house or unit.  Probably&hellip;<span class="activity-read-more" id="activity-read-more-80609"><a href="https://www.propertyinvesting.com/topic/4365998-land-opportunity/#post-4416923" rel="nofollow">[Read more]</a></span></p>
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				<title>SlumLord replied to the topic No Answers to Your Questions in the forum The Treasure Chest</title>
				<link>https://www.propertyinvesting.com/topic/4365990-no-answers-to-your-questions/#post-4416887</link>
				<pubDate>Thu, 05 Jun 2003 21:00:25 +0000</pubDate>

									<content:encoded><![CDATA[<p>I have run into this as well.  I often then say, ok, I understand.  Then ask, was the offer less than X, more then X, less then X, etc.  For Whatever reason every time I do this with an agent they allow me to narrow it to a 2-5k range.</p>
<p>It is like they have this policy of not disclosing the price of the last offer, but as soon as you make it into&hellip;<span class="activity-read-more" id="activity-read-more-250737"><a href="https://www.propertyinvesting.com/topic/4365990-no-answers-to-your-questions/#post-4416887" rel="nofollow">[Read more]</a></span></p>
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				<title>SlumLord replied to the topic Perth Northern Suburbs Investment Potential in the forum The Treasure Chest</title>
				<link>https://www.propertyinvesting.com/topic/4365967-perth-northern-suburbs-investment-potential/#post-4416742</link>
				<pubDate>Thu, 05 Jun 2003 05:24:09 +0000</pubDate>

									<content:encoded><![CDATA[<p>What sort of house/land package are you building in Rockingham? (if you dont mind)</p>
<p>Cost of land, house, possible rental?</p>
<p>Thanks</p>
<p>Slum Lord</p>
<blockquote><p><span class="footerSize">quote:<br />
Tracy,</p>
<p>I am interested in the idea of a network of investors in the Perth Area.  Let me know how you progress.  Hello to David again.  I am interested in Joondalup but will sit on the sideline for&hellip;</span></p></blockquote>
<p><span class="activity-read-more" id="activity-read-more-251244"><a href="https://www.propertyinvesting.com/topic/4365967-perth-northern-suburbs-investment-potential/#post-4416742" rel="nofollow">[Read more]</a></span></p>
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				<title>SlumLord replied to the topic % return bench mark in the forum No Subject</title>
				<link>https://www.propertyinvesting.com/topic/4365980-return-bench-mark/#post-4416838</link>
				<pubDate>Wed, 04 Jun 2003 17:15:10 +0000</pubDate>

									<content:encoded><![CDATA[<p>Should have been more specific, I mean in regards to basic rental returns.</p>
<p>Thanks</p>
<p>Slum Lord</p>
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