Recent content by bennos

  1. bennos

    I'm watching a business fail

    Aaron. You're kidding yourself mate. So what do you think of posts like these?
  2. bennos

    I'm watching a business fail

    Being Chinese and making bad coffee is very very subjective. You can be any race and make a bad coffee (or a great coffee). It comes down to a person's attributes - as long as a person is genuinely interested in making a great coffee and understand the importance of it as being a massive part of...
  3. bennos

    Opinion on RE agent fee please

    ad costs includes: domain.com.au realestate.com.au their own website RE window display Sign out front of property local papers (circ 80,000 readers) letterbox drop x 2 Colour A4 mail out to potential customers (buyer's on their list) This sounds good to me but I'm not sure if this is...
  4. bennos

    Opinion on RE agent fee please

    Just finished a meeting with a RE agent to sell my unit at Westmead, NSW. Looking at around $400K. They are asking for 1.95%, that includes all advertising cost. I just wanted to see what others think of this rate? I think it's pretty good considering the ad costs are included.
  5. bennos

    Finally going to jump in and buy our first IP (in Nerang, QLD)

    I just got some photos sent to me from the RE agent for this unit. There is no backyard... I don't mean its small. There is just no backyard at all. Straight out the back sliding door and laundry door is a little bit of grass area a few shrubs then the community pool (with the fence between...
  6. bennos

    Section 32... agent says he doesn't know what it is

    Thanks Lynn and Alex... what an idiot! There goes trying to pull off sounding like I know what I'm talking about. I was hoping to not come across as a novice, that's out the window!!:D Oh Well... at least I know that now. Is there a similar doc for QLD? Try to redeem myself haha!
  7. bennos

    Section 32... agent says he doesn't know what it is

    I just called a RE agent (in Nerang QLD) in regards to getting a Section 32 to look over (of a property I'm interested in). Unfortunately, I don't really know what it is or who it is prepared by. Only thing I know about it is from reading about it here... this doc provides a lot of...
  8. bennos

    Finally going to jump in and buy our first IP (in Nerang, QLD)

    Not sure if it's considered in the Logan City region but I was just looking at some properties on RE.com.au, the suburb Runcorn has heaps of 'investment' townhouses. Most returning decent rental yields.
  9. bennos

    Found an IP... first step?

    Subject to 'satisfactory building & pest inspection' and 'satisfactory finance'. Sorry for my newbie-ness. This is something the vendor will need to agree to, and then include it into the contract. If the valuation comes back lower or there needs to be a fix from the building report, this simply...
  10. bennos

    Found an IP... first step?

    Found an IP I would like to make an offer on. It is in QLD and is a 2 year old townhouse. I’m a little worried that it might go before I am ready. Should I negotiate and settle on a price to get it off the market before performing all the necessary steps like pest/building report and...
  11. bennos

    Finally going to jump in and buy our first IP (in Nerang, QLD)

    Hey, thanks nedkelly! Looks good, I'll give them a call this afternoon to get some more details. What do you reckon (estimate) of its age... about 2 - 3 years old?
  12. bennos

    Finally going to jump in and buy our first IP (in Nerang, QLD)

    Why would the locals (Bazza) go into SP?! It's so busy and full of tourists and there is a chance of bumping into Warwick Capper. Schoolies were still everywhere while I was up there last week. Sound like an oldie :o even though i was one of them a million years ago. So having said that...
  13. bennos

    Finally going to jump in and buy our first IP (in Nerang, QLD)

    just got back from SE QLD... here are my findings Just got back from Gold Coast (GC) on Friday from my 'looking for IP' trip. I spent 2 full days driving anywhere and everywhere between Upper Coomera to Robina. Clocked up over 350kms in driving distance. I wanted to get a feel for the different...
  14. bennos

    Finally going to jump in and buy our first IP (in Nerang, QLD)

    Thanks for the PM reply Alex. Some comments/feedback from those who have an opinion on this... If you bought/had a townhouse or unit in a developement. Would you rather more owner/occupiers or more renters in the block?
  15. bennos

    Finally going to jump in and buy our first IP (in Nerang, QLD)

    Thanks Bazza, this seems to be the general consensus about the rental return being too high. I'm very glad of this forum... I can now go up there armed with more info then what I had. I'll still look at this unit but will be on high alert. Maybe spend a little more time searching for other...
Top