gravel garden, couple of desert style plants, park your cars on it………you would think they had more to do,  your rates at work

just adding a little on what Mashi is suggesting re going for capital growth,  do some research on the areas proving best/worse capital growth  (Domain has an article released by the REIV recently) before you decide where to buy.  Dont fall into just buying where you live/have lived because you think you know it,  you may miss out on useful gain…[Read more]

thanks all, I will look at both solutions once we get access.  I imagine battening the ceiling will involve some scrapping back along the batten line to get a flat surface to secure to.    Think I have the height to play with OK.

Pity it degenerates into yet another east vs west, my suburb is better than your suburb so there! type rant.  Thought we might actually learn something

you will need to move quickly if you want to retain the option to buy something close in (assuming the price range you infer is your limit).  We recently completed a purchase in Thornbury and the rate of movement we saw in 3 months of searching was alarming.  We have some places in outer Melbourne also and they continue to grow steadily but n…[Read more]

Frankston has been kind to us over the last couple of years, exceeding our expectations.   Its really hard to answer your questions without any info in regard to your aspirations, budget, constraints etc.   We have a place in what some people would think was Frankston North/Karingal, but is in a newer development and attracts tenants easily at a…[Read more]

Although I hold a couple of units , I tend to agree with  Terry if you are thinking of a longer term hold.   Our approach to units has been that we first look if we want to buy into the body corporate, then we look at the actual unit.   If the management group keep the place in good repair and order , has meetings and plans,  it is usually worth…[Read more]

Tools wrote:
Any painte rthat doe sspray painting can do it for you, but be warned-you will use a LOT of paint.Tools

OK thanks , I will try general painters, I assumed it was a specialist job.   Yes , I have heard that stuff really soaks up the paint and needs sealing as one of the steps.

HiHave you tested this with other banks/lenders?   I recently changed banks and (as we got into the bidding war) my old bank said the valuation of a property I held was $200k  (based they said on sale of adjacent property…..that was a family sale brother to brother)…..a brief troll thru the Internet sites showed similar spec places all in …[Read more]

blogs wrote:

yarpos wrote:
I dont think the west is inherently bad , its just what you prefer or are familiar with.   For me (ex Sydney years ago, settled in the east by accident as much as anything) the west tends to be a flat and boring urban desert  (and yes I would say the same thing about Pakenham).  

 First of all welcome!! Now the a…[Read more]

I dont think the west is inherently bad , its just what you prefer or are familiar with.   For me (ex Sydney years ago, settled in the east by accident as much as anything) the west tends to be a flat and boring urban desert  (and yes I would say the same thing about Pakenham).   Inner west is full of industry (tannery, abbatoir, petro chem…[Read more]

wealth4life.com wrote:
Property Market heating up??A friend of mine just bought a 900m/2 block of land in Turramurra, new sub division  for $630k – it sold 6 months ago for $685k and they spent 30k getting plans approved … where is the market heating up …Interest rates are rising and "fear" is in the market still – there are deals out there…[Read more]

Tysonboss1 wrote:

yarpos wrote:
maybe have a think about the long term value of having a good tenant. trying to gouge more rent aggressively will cause turnover and that usually costs you money.  Up to you of course,  but at a minimum you will need to honour the lease you have signed.congrats for getting in the game. 

Never be afraid to In…[Read more]

maybe have a think about the long term value of having a good tenant. trying to gouge more rent aggressively will cause turnover and that usually costs you money.  Up to you of course,  but at a minimum you will need to honour the lease you have signed.congrats for getting in the game. 

you might also look at Kentucky Napier

tend to agree with scarecrowWe looked at central Frankston but an opportunity came up near the golf courses on Skye Rd.  That was Nov 2005 and weve had about 20% appreciation since then (admittedly we fell on a good deal going in).  I think what you are talking about will work but it would be better to stretch as suggested (or look harder for a g…[Read more]

If the orginal work is done in a tradesman like way and normal maintenance is done there is no reason why a hardiplank place would develop leaks. Might not last a 150 years , but not really your problem.

regards, Steve

Guest wrote:

mmmmm…really depends on how you value what you do with your life….if you really believe that he who dies with the most toys or IPs is a “winner” then I guess your right.

move to another bank? am I missing something?

move to another bank to finance overpriced apartments?

move to another bank because they went out of there way to protect this persons interest (and of course longer term their own). Seems like they may have actually earned some loyalty, if that word means anything these days