Recent content by dilberto

I lived in Carina Heights for the last 5ish years in 3 different streets and only moved out 6 months ago, the reason its the fastest selling is two fold. 1. They recently changed the development laws for the part of carina heights to mirror the other part, so a lot of big blocks that have been...

Err.. Place Projects are property developers. Builders & sellers of OTP property publishing reports saying that there isn't an oversupply of OTP property & that they are still a good buy. The vested interest is strong in this one...

Were they under 30? I can't remember the last time I actually paid for something in cash - just checked my wallet, $0 cash in it. Cards are just easier and don't have to muck around with useless coins.

MS & cisco certification usually doesn't have a great amount of value without experience to back it up due to paper certs (https://learningnetwork.cisco.com/blogs/on_cert_security/2008/10/15/paper-certs) ie people just using testking etc to study for the exams, not study the knowledge. I'm...

Its worth noting that 2 properties also means more diversification.. So on one hand, if something goes horrifically wrong & you can't tenant a place for 6 months, only half of your rent income would be lost. On the other hand, 2x the prop managers, 2x the tenants, 2x the hot water systems to...

Misc thoughts: It surprises me that you've seen 25% gains on your first place since 2012. How certain are you of this being an achievable sale value vs being a really positive guestimate (WA isn't looking to cheery at the moment..) Your overall financial position at the moment is $77k pa...

Depends on what you define as "social stakes", they've still got a tonne of govt run enterprise that they run at a loss vs privatizing that would hurt citizens when costs go through the roof. They've got a huge defense spend, massive number of govt employees and public services & they spend...

$370k would put you in a relatively new 1/2 br in carina, or an older 3 br. Overall its a decent area, growth seems okay (get RP data reports etc. If you're spending over a quarter mil, its worthwhile to get the data to make the right decisions.) Turnover in rentals seems pretty high (in my...

Not trying to troll here, I'm legitimately intrigued. Why would taking away 5% have such a huge impact?

As a QLD resident.. this doesn't surpise me at all. I'm at the stage of my life (young) where my friends and colleagues are just getting into property... None of us would touch springfield lakes with a ten foot pole. All I ever hear from people who have lived there is how bad the crime is.. Now...

If it was me (and my opinion is worth bupkis, I've only just bought my first place) I would do what people do in all the old Qld reno's around south east Brisbane. Build it so it could be used for dual living, rent it as a 'big family home' to uni students, then turn a blind eye to them...

Hi All, preemptively, this is my first house purchase (EVER). I'm looking at buying an IP that a family member will be renting off me, this family member takes their internet connectivity seriously (Work from home IT professional.) To do their job, ADSL2+ is a must. I put in an offer for...

Hi All, What would you do in my shoes? Situation: owned IP No 1 for 12 months. Paid $400k. Est Val. $400k. (brisbane, market seems to be sitting.) my out of pockets after tax returns are maybe $50-70pw? (a negligible amount) IP is a 3/2/2 25km or so from CBD (Bayside suburbs I guess you...