Forum Replies Created
Hi Jo,
Thanks for enquiring after my Mum. It’s been a rough trott for her (and us too), so I’m very proud of her courage.
The Hostel is not in Victoria and the price should be good (from first glance). It is also in an upcoming area where developements are being done.
PM me if you want more info…
Cheers
Sooshie
When a problem is created the solution is created simultaneously
Dear All,
There is another property which is a Backpackers Hostel in a great location and up and coming area. If your interested I’ll get you the RE number.
Cheers
SooshieWhen a problem is created the solution is created simultaneously
Happy Belated B-day Simon!
What did you get for your B-day pressie?
Many Happy Returns
Sooshie []When a problem is created the solution is created simultaneously
Hi everyone,
I drove past the two propeties I mentioned, up South Rd, on the high and dry, they both now have SOLD stickers on them. Congratulations if they were purchased by a Forumite! I hope they are successful investments for you [
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I might be a little incognito for a while. My Mum was just diagnosed with a nasty brain tumor. I will try and answer pm’s if possible.
Those interested in the Auction this Thursday and want to know where, feel free to PM me and I’ll let you know the details. The agent is Gary Peer if you prefer to do it that way.Cheers and Stay safe
SooshieWhen a problem is created the solution is created simultaneously
Happy Belated Birthday Celivia!
Keep the list coming!
Cheers
Soosh []When a problem is created the solution is created simultaneously
Hello [exhappy]
Happy to see your all positive about this thread…okay so here goes…
South Rd, near Homesglen College of Tafe (ex Edmund Barton Centre) Has 4 houses for Sale in a row! 1 has been sold, but there are 3 still next to each other for sale. Further up South Rd there are 2 weatherboards, on the high and dry position for sale, side by side. I wouldn’t so much recommend these for steady positive cash flow, but for buy and hold or for renovation and sell purposes. The ones near the Homesglen I would, as you mentioned Mel, rent out the rooms individually, make one person the ‘Rent Collector” for the house (this person at a slightly reduced rent rate), who would be in charge for making sure that light bulbs are changed etc etc. I have no knowledge of any major works in the area, but I do know that Homesglen is in the process of building, which can only mean that it had the need to do so! $$$The other property, is a set of 6×2 bedroom flats, that are neat and tidy, I believe they are currently rented, but the area is a good strong rental area. Good Buses and Train station close by including a very popular shopping strip. It has a lot of potential to make approx 50K-70K per flat for minimal effort (for the creative renovator/investor).
As this property is above the million + mark, if people want it’s details and ID# etc. please pm me as if you are interested for real, I don’t want you to have to compete with those ‘just curious’. The agent knows this is a good property to sell, so he’s not giving up too much (the Auction is this week coming). In fact I was looking for a deal like this prior to doing some other deals, otherwise it would be on my own secret list []
Helen, whilst I’m no statastician and have no hard evidence to suggest investors are rethinking their decisions, there have been many ‘talk back’ radio stations which have ‘property talk’ programs where there was information to suggest what I mentioned, when the investors, including your average ‘mother and father’ investors called in to talk about their investments.
At this point in time, some RE’s are complaining how hard it is to ‘clear’ properties. In some areas, this is not the case, because there are relatively few houses/flats on the market for sale, compared to the demand to purchase in these areas. This block of flats is in one of those areas. Areas/Suburbs that hold their value, usually exhibit this type of behaviour, where demand outdoes supply (eg parts of Caulfield, Brighton, Malvern, Toorak etc). I have found these areas generally retain their value as well. I guess these could be considered your ‘blue chip’ investments.
I’ve also seen some ‘come with your eyes closed Auctions, but realise the land potentials’ come up for sale in Cheltenham. These houses are some scary sights. I’d wear protection gear before entering.
As today was last day of school holidays, I jumped on a train to Frankston with my son, it’s amazing what you see from the back of houses! It really does give a different perspective on things.
Okay, I digress now.
Simon, I’d love to see you at Steve’s seminar, but not sure if I am able to attend.
Hope everyone is well and keeping the winter bug away.Cheers
Sooshie []ps. Anyone have some other properties they can’t deal on, but would like to pass on? This is now the thread!
When a problem is created the solution is created simultaneously
Hiya [vanish]
Now you see me, Now you don’t! [jester] Sometimes it’s hard to juggle life with favourite pastimes.[juggle] Great to see your name back up there AD.
Anyone with children and watches the ‘Bear in the big blue house’ (or called something like that) will recognise this abridged song…[strum]
“Oh where oh where oh where is AD [vanish]
Oh where oh where oh where is AD [vanish]
Oh where oh where oh where is AD [vanish]
Where could AD be? [vanish]” [strum]Glad you’re back… now we can start a [gossip] post [
](I think I need some sleep) Sooshie [
]When a problem is created the solution is created simultaneously
Hiya,
Hmmm… any other houses in the area recently been sold, redeveloped, renovated? Sometimes you can find what you are looking for at places where they buy house remnants i.e. doors, windows, sinks etc (They are like house Recyclers, but I can’t remember their names at present. I had a link to some in Melbourne and Sydney, in the ‘useful links’ post which is archived now).
Our back room has a ceiling similar to this ‘stipple’ or textured effect. Perhaps you could art deco the repair job/replacement with a ceiling rose?
Another past-time in school was to scrunch up cheap toilet paper into little balls, wet them and put them in the top of a pen (once you’d taken out the nib and ink part) and then we’d stand on the toilet seat and shoot the ceiling with these wet paper balls. The next day they were dry. Anyway, to cut a long story short, the toilet ceiling, having been decorated by many a bored student, was covered in little spit balls and the painter hired to repaint the toilet, painted right over the top of them in high-gloss-enamel. Ah, those were the days! Gotta love the 80’s! []Hope you find what you are looking for
Sooshie []When a problem is created the solution is created simultaneously
Hiya,
On the by-the-by…
I owe Westan and Co. an Indian dinner and a jar of Kenjara coffee!People… sometimes exclusivity and word-of-mouth finds you a better partner then advertising will.
Big Hugs to Westan
Luv Sooshie []When a problem is created the solution is created simultaneously
Hellooooo,
Thank you OH Master GURU of ‘puters! All hail Brent [
]
I shall try your suggestions when next an epic strikes me []Regards, hugs and all mushy stuff
Sooshie []When a problem is created the solution is created simultaneously
Hi again!
I forgot to add this post as well… which I found interesting
http://fido.asic.gov.au/fido/fido.nsf
Cheers till next time
Sooshie
When a problem is created the solution is created simultaneously
Hi There,
Man, this place can be like a tennis match sometimes. I’m getting a crook neck from watching ;}
Back to the issue of Dave’s plan. Yes it works. I know of one smart lass, who’s doing an excellent job of following this plan and will be a very happy girl in the future.Back to the original question folks.
Cheers
SooshWhen a problem is created the solution is created simultaneously
Hi Patrick,
I for one am impressed by your honesty!
I passed Uni maths but for the Life-Of-Me I couldn’t understand why financial maths was so much harder to grasp. To this day it can still get tricky, but the best way, I found, is to practice often, or to get some ‘property savvy’ friends to send you case scenarios where you have to send the answers back to them, just like doing maths textbook homework at the end of the chapter.
Curiously enough, I’ve never had trouble with doing my drug calculations for my patients… oh…come to think of it, there was this 1 time when I was a student nurse …………………………..Cheers
SooshieWhen a problem is created the solution is created simultaneously
Hi there,
They are ‘linked’ with the ‘Richmastery’ Group and their properties are colour coded for ‘High Cashflow’, ‘Capital Growth’ etc…
I personally like looking through their web site (and subscribe to their newsletters)…http://www.richmastery.com/nz/Events/Academy/default.aspx
They’ve had successes too. Basically they find a deal and then onsell them to you for a fee.
As with all things, do your due diligence.Hope this helps some…
Cheers
SooshWhen a problem is created the solution is created simultaneously
Hi Josh,
Yes, you are/were right. It was advertised on Monday night, straight after David Marr trounced on Steve (at 9:30pm ABC Media Watch) and then mentioned him in the same breath as Henry Kaye [:{]. David was like a ‘Dog with a Bone’. They even showed pics of Steve and Dave and people from the MAP. I’ll see if I can get the transcript, but sometimes ABC are pretty slack when it comes to their own game!
Let me know what you thought of Rick’s performance?From the ABC
Bites: Selling Success!
Rick Otton: Beginner Guru
8:00pm Tuesday, 6 AprilRecommend to a friend
Rick Otton knows a thing or two about creative real estate deal-making. But that hasn’t stopped him spending more than a hundred and fifty thousand dollars on the books, tapes, and seminars of a host of real estate gurus since 1997. In his mid-forties, Otton and his wife, Jane, have purchased more than three hundred and fifty properties in the United States and Australia over the last twelve years.
The system Rick uses to buy and sell houses is called ‘Wrapping’. As soon as Rick buys a house he puts it back on the market. The people who buy his houses also get their mortgage from Rick – a very attractive option to those who have been turned down by the banks.
Rick and Jane have written a guide they call the Wrap Pack and are about to start presenting public workshops. We follow Rick’s attempts to transform himself from ugly duckling investor into seminar swan. Trouble is, Rick can’t decide whether to go for the Armani suit and whitened teeth or the Hawaiian shirt and giant novelty toilet plunger.
We also follow the progress of two couples who attended the first seminar: Brett and Carmen Mudie and Leo and Karen Spragg. Brett and Carmen realise that before they start investing they’ll have to take on a lot more debt – and they can’t wait. Leo and Karen are more cautious and even though Leo is sold on Rick’s system, he needs to be absolutely sure before he commits to anything. Will Leo and Karen end up like the 95% of seminar participants who never do anything with the information they’ve paid thousands of dollars to acquire?
Cheers
SooshWhen a problem is created the solution is created simultaneously
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