Hi

Kool. I understand. I am not a tradesman, my brother is and my father was. I am an office bunny. As a kid, it was too hot in summer and too cold in winter – so I studied instead.

What you are doing is great. Rehab work adds a lot to the value of a property and thats where the smart tradesmen make their money.

My brother is now doing his…[Read more]

This is the reason why I dont like rural properties 4 hours from home.

Sure have a few in your portfolio, but I would love to talk to you in 5 years time to see if you still have the property.

Not worth the effort in my view

Cheers

Andrew

Hi

I live in Aspendale (beachside suburb of Melb – about 28kms from cbd – I think????).

I invest in Mentone and Frankston. No rural stuff. At least management and repairs hassles can be addressed locally.

Some positive, some negative geared but its long term growth i want.

Cheers

Andrew

Hi

Where to next year. They say shares are the way ahead, but I have been burnt a few too many times.

I think next year will be a year of consolidating the gains that property has made over the past 3-5 years. Yes, we may see a few % decreases in property values. We may also see some interest rate rises over the next 12 months but this should…[Read more]

The article is almost a month old now. Much has changed since then. Nov was still highest month for loans.

I still think there will be another increase in Feb 2004. As the article says ‘nip it early in the bud – so higher increases are not necessary later’

Cheers

Andrew