PropertyInvesting.com | wellontheway | Activity https://www.propertyinvesting.com/members/wellontheway/activity/ Activity feed for wellontheway. Mon, 13 Apr 2026 20:23:05 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 2ac6f9b72067831a92d4d81320926333 wellontheway replied to the topic Are Mining Towns a safe investment ? in the forum D, I couldn't agree with you https://www.propertyinvesting.com/topic/4394591-are-mining-towns-a-safe-investment/#post-4594935 Wed, 24 Dec 2008 05:53:00 +0000 D,I couldn't agree with you more – the forecasts have been off and none of the major institutions stuck their neck out to predict this earlier.  There are millions of economists out there whose full time job (if they haven't been retrenched) is to model the financial market – so if even they got it wrong, what chance have I got.Having said that…[Read more]

]]> bf312164a5ae0f3633ca37ad3a7f9614 wellontheway replied to the topic Developer panics as FEAR sets in in the forum wealth4life, just wondering https://www.propertyinvesting.com/topic/4392049-developer-panics-as-fear-sets-in/#post-4581340 Sun, 21 Dec 2008 11:48:23 +0000 wealth4life,just wondering if you got the deal with your offer?  I think we're all very curious to find out.Thanks in advanceAlbert

]]> 67db9e55a920c8c651996456a9570032 wellontheway replied to the topic Are Mining Towns a safe investment ? in the forum General Property https://www.propertyinvesting.com/topic/4394591-are-mining-towns-a-safe-investment/#post-4594932 Sun, 21 Dec 2008 11:39:14 +0000 May I suggest that you look into some of the following: world's forecasted growth (e.g. BRICS), forecasted demand for energy (International Energy Agency), depletion of fossil fuel (primarily oil/gas/coal), investments (past and recent) by private and government bodies (e.g. even recently, there are still Chinese state companies buying into Au…[Read more]

]]> a47c5c9bc34823fc58269cf901990fb1 wellontheway replied to the topic How Aussies are ripped off in America in the forum General Property https://www.propertyinvesting.com/topic/4391594-how-aussies-are-ripped-off-in-america/#post-4578243 Sun, 21 Dec 2008 11:33:14 +0000 I fully agree with Nigel – do your own research (cannot stress this enough), not only on the market, but on the agent you use.  I *thought* I did enough research, whilst relying on my "buyer's agent" in going into a JV in Rio Grande Valley – a mistake that cost me $12k + lost opportunity cost + forex lossess (around 20% – but this was a risk I w…[Read more]

]]> fe406c433a22ad247be8f4d2d9a30c51 wellontheway replied to the topic Should I be buying now? in the forum I found this article https://www.propertyinvesting.com/topic/4394352-should-i-be-buying-now/page/4/#post-4593540 Wed, 08 Oct 2008 11:35:43 +0000 I found this article insightful when it comes to the reasons behind the plunge of the AUD – just as I expected, it is not as simple as I (or we) thoughthttp://www.theaustralian.news.com.au/story/0,25197,24463330-5017978,00.html

]]> 27b033123b9937e5aab6a98f3d5603f7 wellontheway replied to the topic Development Due Diligence in the forum Help Needed! https://www.propertyinvesting.com/topic/4393467-development-due-diligence/#post-4588788 Fri, 13 Jun 2008 08:46:34 +0000 Hi Richard,Thanks for the heads up.  Will keep your points in mind.Regards,Albert

]]> f5aaa40e135f91d83764461417a61723 wellontheway replied to the topic Development Due Diligence in the forum Hi Richard, That's one of https://www.propertyinvesting.com/topic/4393467-development-due-diligence/#post-4588786 Thu, 12 Jun 2008 05:24:06 +0000 Hi Richard,That's one of the aspect that I'm currently working on, until the end of the DD period – where I'll be getting inputs on development costs(council/contributions and townplanners/surveyor/engineers fees), development finance (waiting on my current broker to reply on this), sales, etc.  I have heard that banks can finance up to 70% of…[Read more]

]]> d931aca50fffc77194c35af5359a5068 wellontheway replied to the topic Best advice : Don't invest into property : The australian market is CRASHING. in the forum Help Needed! https://www.propertyinvesting.com/topic/4393180-best-advice-dont-invest-into-property-the-australian-market-is-crashing/page/3/#post-4586782 Sun, 18 May 2008 03:54:11 +0000 Has anyone seen the ABS link posted by Scamp?  I haven't seen any replies to that post, but I'm trying to make sense of the 2006 stats.  I see the total private dwellings in Australia being 8,426,599 and the total occupied total dwellings being 7,596,183.My interpretation is that there's 830,416 of unoccupied private dwellings (total – total occu…[Read more]

]]> a1137924ecd79acd45c69f26623b0ebc wellontheway replied to the topic Martin Ayles Development Blueprint - sell me yours?? in the forum Heads Up! https://www.propertyinvesting.com/topic/4391932-martin-ayles-development-blueprint-sell-me-yours/#post-4580595 Wed, 16 Jan 2008 04:21:59 +0000 Willing to sell mine as well.  Just email me if interested. 

]]> 7354dd882fc695d2b117dbfde94e4fa4 wellontheway replied to the topic PM charges in QLD not sure in the forum Eternit, I must say I got a https://www.propertyinvesting.com/topic/4390709-pm-charges-in-qld-not-sure/#post-4573798 Sat, 08 Sep 2007 09:05:30 +0000 Eternit,I must say I got a shock when I first saw the fee on our first PM agreement @ 8.8% but I soon realised that that's the market rate (that property is not too far from your area; it's in Marsden).  I got the same rate for our first property in Ipswich but have since negotiated the rate to 7.5% (5 properties in that area).Having said that, I…[Read more]

]]> 3f7f3e893399cdcd562429f9e25dc52c wellontheway replied to the topic We Find Houses in the forum Creative Investing https://www.propertyinvesting.com/topic/4389080-we-find-houses/#post-4565135 Tue, 29 May 2007 15:30:29 +0000 I bought my first property from them.  First dealt with Mark (he left), then George.  They have a dynamic list of properties that you can choose from.  Like any good BA, they ask for your investment objectives.  Being my first deal, George was very patient.  Looking back (it has been 1.5 years), I can understand how frustrating it was for him es…[Read more]

]]> 92eb6462ee0dd7636b55875c2773be03 wellontheway replied to the topic We Find Houses in the forum I bought my first property https://www.propertyinvesting.com/topic/4389080-we-find-houses/#post-4565135 Tue, 29 May 2007 15:30:29 +0000 I bought my first property from them.  First dealt with Mark (he left), then George.  They have a dynamic list of properties that you can choose from.  Like any good BA, they ask for your investment objectives.  Being my first deal, George was very patient.  Looking back (it has been 1.5 years), I can understand how frustrating it was for him es…[Read more]

]]> ab57eaa127c283e7118338598a4e839c wellontheway replied to the topic We Find Houses in the forum Creative Investing https://www.propertyinvesting.com/topic/4389080-we-find-houses/#post-4565135 Tue, 29 May 2007 15:30:29 +0000 I bought my first property from them.  First dealt with Mark (he left), then George.  They have a dynamic list of properties that you can choose from.  Like any good BA, they ask for your investment objectives.  Being my first deal, George was very patient.  Looking back (it has been 1.5 years), I can understand how frustrating it was for him es…[Read more]

]]> 6ced746804a95e6ffc3627500a804b04 wellontheway replied to the topic How to find a reliable tradie in the forum General Property https://www.propertyinvesting.com/topic/4389674-how-to-find-a-reliable-tradie/#post-4567870 Wed, 23 May 2007 00:19:57 +0000 Matt,The posts above have reaffirmed my perception that there's a mixed bag tradies out there; ones who are out there to earn a decent living (like wriggles), and 'the rest'.Also, it's quite clear that once you find a good one, you'll want to build a rapport .  I currently have a job of painting/carpeting/bathroom upgrade for 3 of my units and…[Read more]

]]> ad1e6aaf7c3fdd1a164b90e6158028a5 wellontheway replied to the topic How to find a reliable tradie in the forum General Property https://www.propertyinvesting.com/topic/4389674-how-to-find-a-reliable-tradie/#post-4567861 Mon, 21 May 2007 03:10:40 +0000 Matt,thanks for the input.  Touching on myth no.3 – say you're looking for an electrician to re-wire one of your investment properties, and you have not used any electrician before.  If a friend recommends an electrician whom he/she has used previously, would you be comfortable with using him/her?  If so, what checks would you peform? Albert

]]> 6b33cdf7d719ab90b2befedf0a9eb69c wellontheway replied to the topic How to find a reliable tradie in the forum General Property https://www.propertyinvesting.com/topic/4389674-how-to-find-a-reliable-tradie/#post-4567857 Sun, 20 May 2007 06:53:03 +0000 Crashy,You hit a good point there.  When the job is "lump sum" or "turn key", there is a tendency to include contingencies etc.  Having said that, even with your regular tradies, do you still get quotes for new jobs? Do you believe in using tradies recommended by friends? Do you personnaly recommend tradies?  I've heard that some people are afr…[Read more]

]]> 503882d20fb106b2ec569cf62437674a wellontheway replied to the topic Opening a U.S. bank account in the forum Overseas Deals https://www.propertyinvesting.com/topic/4386742-opening-a-u-s-bank-account/#post-4554352 Sun, 17 Sep 2006 08:57:36 +0000 I’m in the process of opening an account with HSBC….just wondering if a normal savings account will do for mortgage applications? or do I need a different type of account?

Albert

]]> 7f4802a69423e4a737f22b66c39c9904 wellontheway replied to the topic Can you find +ve cash flow props from home? in the forum Help Needed! https://www.propertyinvesting.com/topic/4386018-can-you-find-ve-cash-flow-props-from-home/#post-4551016 Tue, 04 Jul 2006 14:39:29 +0000 I agree with Todd. I’m onto my third property, all bought sight unseen whilst sitting here in front of my PC in Malaysia.

As Lomas said, you can find out a lot about an area (some times more so than a local); rental demand, local economy, council policies, demographics, etc.

Having said that, I strongly believe in getting “an eye on the…[Read more]

]]> 2ce38a79701aecf7472c0c0f12c480e5 wellontheway replied to the topic springfield lakes in the forum Help Needed! https://www.propertyinvesting.com/topic/4383635-springfield-lakes/#post-4537875 Sun, 23 Apr 2006 15:23:22 +0000 Has anyone visited Springfield/Camira lately? Just wondering how’s the area developing….

I’m currently considering going into this area.

AK

]]> 5a6f70a2850c51bcce853cf139f9f3fc wellontheway replied to the topic Premium Finance: What's your opinion on this one. in the forum No Subject https://www.propertyinvesting.com/topic/4384513-premium-finance-whats-your-opinion-on-this-one/page/2/#post-4542600 Fri, 17 Mar 2006 14:44:20 +0000 hi there

I’ll be doing a similar trip like yours this coming May. I just started property investment late 2005, and my investing partner and I are in the process of closing a deal in SE Qld. I’m currently working in Asia, so we bought the property sight unseen.

Since I do not know much about Qld, the aim of the trip is to familiarise myself…[Read more]

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