Recent content by BKH

Rental manager Werribee We have propeties in Werribee and use Triwest of Watton St. Have used Hooker with dire consequences.

Western Subs Another area you could investigate is Altona or Altona Meadows as an alternative to Werribee etc. Bayside area and values have not moved much in recent times.

I lean towards Altona as Sunshine has flattened out over last 6 months and Altona is still to be fully discovered as a Suburb by the Bay. Over the last 6 months prices have gone down or stabilised. West Sunshine has a very new area when houses are only a couple of years old and have probably...

Whilst there is the threat of Mobil closure there are also the threats of other chemical refining works in the area, predominantly in Kororoit Creek Road. Mobil will cause the effect to snowball. What impact on Altona, initally some but Altona is being discovered. There has been other...

age 47 wife 44 self employed (last 4 months) wages- too early to say around 50-70k married 2 teenagers First property 1997 Second 2000. (both pos geared and doing nicely)

James. Good post and very interesting. Yes for nigh on 30 years I sat in an office , did the best I could. Complimented on my skills and being the utmost a team player. But in the end, after some 6 mergers & takeovers resulted in a redundancy some 12 months ago. Knew it was coming 12...

The dole is much too high to encourage people to get a job. I have relatives who have not worked for years. he has athritis but does nothing about it but sits at home playing computer games and get fat. She hasnt worked for 19 years but has to pretent to look for a job because their youngest...

I strongly suggest that you do make an insurance claim. It will get you up and running quicker. If you have building insurance you are also entitled to loss of rent that you are missing out on. An insurance company cannot cancel a policy except at renewal and they need reasonable grounds...

Newport- I have been watching Newport for some years and we are currently going thru a transformation in Newport. Like other areas that get discovered it started 5-10 years ago in the Newport area next to Williamstown near the Strand Road and has slowly expanded to to Newport Central, whichis...

Gail- Yes I agree that Melbourne has gone thru a boom that will not be seen for quite some time. I percieve Altona as a mini Williamstown without the history or period houses etc. What we have seen over the last 2-3 years is Melbourne REdiscovering the beach and cheap land beside the water is...

Sorry DJones I forgot. the book A Guide to Property values. Data and Analysis from the records of the Valuer General Victoria. Available at the Victorian govt bookshop in Collins Street between Queen and Elizabeth St And Altona's prices from the book/s with averages _ it probably wont...

D Jones As I said in my previous post it would appear that you are playing it cautious as this is your first investment property. How would all first time investors approach their first big investment, WITH CAUTION and with lower risk abet at a reduced potential of capital gain but with a...

Ah my favourite area only because I know the region very well and have watched the area for some 25 odd years I agree with what Manny says in relation to the area in general. To see how the individual areas have performed I recommend ontaining the Valuers Guide (I have made mentione in...

It depends on if the insurance company was Australian or a reputable overseas company. If it was an Australian there are strict regulations as to assets vs liabilities ratios. Strangely that did not assist with the HIH debacle. You would probably become a creditor and stand in line . However...

Have made a claim thru CGU thru an insurance assessor. Tenant fell behind in rent, husband causing malicuous damage to walls in fits of anger. Carpets and walls messed up etc. Some$5,000 in lost rent and repairs. Had to negotiate via the insurance assessor and finally an amicable...