Recent content by Jean

Hi Mmerlin They are prone to failure. The electronic ones are the worst. Failure usually occurs Fri or Sat evening and tenants rank it as an emergency repair. However repair can take a week or more if parts are needed. I don't know if there is a better solution but we have a spare...

Of course he's serious, he stands to make a fortune. He's on to a nice little earner. Better than selling pet rocks (or bottled water for that matter). How many millions of acres on the lit side of the moon? And $59 for each. There are plenty of dills who will spend the money just to...

I have a double block with present PPOR on one of the two (equal) blocks. As I understand it, when I build on the 2nd and move I will end up paying CGT on one of the two. It's a matter of numbers of which and when to crystallise the CGT. Market price applies. But others have probably...

Good one, Pitt St In Sydney they probably have mums and dads in cash-strapped postcode 2029 and the like.:D:D

Long Rental Vacancies in Brisbane If you look in The Courier Mail there are plenty of units and houses for rent at very competitive rates. Inner city and suburban and in good rental areas. Reducing the rent does not always have the desired affect if there is an oversupply. This boom...

Hi See_Change Agree. And like previous booms we will only understand it in hindsight. I learned a lot about over-supply from the last one (didn't get burned tho'). :D :D

Hi Hobgoblin So that it doesn't resemble a war zone and it is affordable, write down the amount you can realistically spend this year. Next look at what hurts most. For example, a bathroom may be unsightly but if you're living in a place where you couldn't swing a cat, then the extra...

Hi Plainsong Yes. To give another example or two: There is a report in The Sunday Mail 12 October 2003 drawing attention to dangerous electrical work exposed through recent govt inspection. Electricians have been self-certifying in Qld and recently the govt has appointed 22 inspectors...

Hi Aceyducey You buy and lease it to hire firms who hire it out. Lease direct to more distant builders (don't compete with your hirer) Hire firms do not always have the cash, nor maybe the inclination, to buy all of the heavier stuff needed for booms or spkies in building. Follow the...

Outmoded & Inferior Construction Techniques Hi Plainsong It has to do with the culture of the building industry and there is insufficient political will to change it. Apprenticeship and technical training is also at a low ebb. The issue is that some builders do a good job and many do...

Hi Blitzkrieg You're not wrong, Several years ago I invested in some specialised construction equipment that I hire out to builders. You've got to think outside the square. All I can say is roll on Boom.....and thank goodness for w'place health and safety regulation.:D

It is not unrealistic that they take CCs into account. Owners would use the limits if necessary.

Yes there should be more recognition of the value of the assets and the risks involved. Most owners are average income earners and there should be some acknowledgement by regulators that rental of their property presents moderate to high risks for them. In fact the tenant faces few risks...

There is a story in the Sydney Morniong Herald today that Ms Meagher, Minister for Fair Trading will be looking at proposals to limit the operation of tenant databases. Ms Meagher said while landlords and agents required information for renting decisions, it should not compromise the basic...

Hi Hobgoblin Maybe it went with the beautiful orange or lime green laminate. Carpet in a kitchen?! It should walk out by itself!