Recent content by Fish

Hi Angela Have you considered moving back to Tassie early, living in the house yourself - avoiding tenant problems - and building your new place out back? If you're living in a PPOR at present, you could rent that out to cover your costs. This may at least buy you some time to think. If...

In my semi-rural area in Vic, new houses on the outskirts of town are popping up like pimples. I'd guess that most of these are owner-occupiers because of the design and layout of the houses...so, sales of existing properties are down, building approvals up. Perhaps people consider it...

I'm a Drouin-Warragul boy ( far outer east melbourne ) because - I know the area, like the area, have limited funds, and the negative gearing on each isn't too steep. There are lots of expanding classy estates immediately surrounding the main towns and what seems to be good stable prospects...

The average Joe is so busy worrying about the upcoming depression, recession, and inevitable terrorism attacks on our soil and impending property crash that he has very little free time to spend seeking the truth. Investors on the other hand 'may' choose to allocate some of this free time to...

Hi LV, Must agree, that would frustrate me no ends...which is why investing alone is great...but slower. If you're not sharing similar ideals in terms of the major issues - children, investing strategy and how to get ahead...then it 'may' be a bumpy road. Question I suppose - how close...

Wow, nice makeover Adrian! Given the architectural design you've had to work with, it's a 100% improvement. Well done Fish

Hi Guys, I can honestly say that at 17, I was a lazy slob sitting around on my fat behind doing nothing and going nowhere fast. Then mother and I saw an advert on TV for the navy...'You like fishing and things mechanical dear...how about joining the Navy?" 6 years later I came out with an...

I know that this is crystal ball stuff...but if rates are returning to 'normal', what would people consider 'normal' based on historical rates? Would 8% fixed interest be considered normal? And if rates look like they might stay normal for the immediate future, does the wise investor rush...

Sorry Lozza, I was talking about 'way' out west...like along the WA foreshore where LandCorp do their developments. The article suggested that where they build...surrounding prices rise. In terms of Melb west...i keep remembering the bridge falling down as a kid and so now I stay east...

Congrats Kristine, Sounds perfect...and some nice descriptive prose. Does that suggest a budding author under that exterior? And Chelsea sounds promising...as does retirement. I think Apocalypse has something there - my folks retired to Paynesville 2 yrs ago - a 3 hr trip from Melb...and...

Hi Lozza I was in the bath casually reading July 06 API...as one does...and an article 'Making a Comeback' refers to Melb's hot spots. Steve McKnight's view under the heading 'Looking Ahead' was represented as follows - 'McKnight's money is on areas that are looking forward to improved...

Hi Guys, Anyone investing through trusts know a good lawyer in the inner east of Melb ei. Elwood, South Yarra, Carnegie area who can handle both property and trust issues? Cheers Fish

Thanks Guys, Interesting stuff. So...if I don't have a property that the upcoming rich will want, and it's just a good property in a good location - rather than an excellent property say in Toorak or other wealthy suburb - then my capital growth depends on people being able to borrow enough...

Thanks for the feedback I guess a good worthwhile project would be to plot the growth of cities like London and New York to see how prices and expansion works. I'm assuming that their prices in central town are extremely high. Enjoy Fish

Good point Ozi... In that case I'd keep the phone, mount it, and put it on ebay, make another $100K and buy 4 more IPs. Phonebooth would be worth even more :)