Recent content by Arwen

Books Remaining for Sale I have set aside 10 books for orders, but still have the following available for sale: Positive Cash Flow Property by Margaret Lomas (2004) How to Maximise Your Property Portfolio by Margaret Lomas (2003) How to Create an Income for Life by Margaret Lomas...

Hi all, I am cleaning out my bookcases and have some property investment books and magazines to sell so I thought I would offer them here before ebay or similar, as I have been a regular reader here for years, and less frequently, a poster. If you are interested, please send me a PM. (I...

2 places please. Thanks David

2 for us please. Thank you!

Wrap them? Knock 'em down? Re-zone? Perhaps you could vendor finance ("wrap") them? Or, if they are old weather boards - knock them down and sell as land? No building inspection report required. Are any on a main road? Perhaps convert to commercial? Doctor's surgery? Child care? Good luck.

Thanks for those tips Sunshine. I went to their website and I can't believe how much stuff they sell. We will definitely make the trip out there to pay them a visit. Do you have any tips as to what materials we should look out for, for the kitchen cupboards? We want to rent out the townhouse...

Thanks Sunshine and others. This thread is very useful for us as we begin to look at a kitchen reno on the lower north shore. We've only done one reno before (a bathroom) which we spent way too much money on (didn't know any better), and I have been hesitant to get started for fear of making...

I would also like to thank you David for organising the event and thank each of the members of the panel for generously giving up their time to share with us their personal experiences with property investing. It was nice to put some faces to names. Unfortunately we couldn't stay for question...

2 seats please. Thank you.

Thanks everyone for your input. Our townhouse is strata titled and therefore technically a unit so I guess would be included as a unit in the stats. In reality it is more like a house. We have only 1 metre of common wall at the back so our house barely joins the townhouse next door, and we...

The API magazine publishes median house and unit prices and rents courtesy of Australian Property Monitors. My question is, how are townhouses categorised by these reasearch companies? As houses or units? Given (we are told) the family unit is becoming smaller and the demand for smaller...

Hi Y-Man, Thanks for posting. I guess we really bought towards the end of the boom in that area so can't expect fantastic rets over this period (although we did make some good returns early on). Here's an excerpt of s/sheet: YEAR 2002 2003 2004 2005 2006 2007 IP1 Mkt...

Hi Simon, that's interesting. Our accountant has told us that we can revalue the property at the end of the 6 month period and use the revalued amount as our starting base for CGT if we do sell in the future... will check again.

Many experts say never sell your IPs, or sell only those underperforming IPs. My question is, what constitutes "underperformance"? One of our IPs was purchased as a PPOR in 2002. With our move interstate we kept the PPOR exemption until next week when we settle on a PPOR in Sydney (well, 6...

Would love to meet you all - its taken me a couple of years to get around to it! RSVP for two people please.