Recent content by Lukey75

Hi Mona, I pers use a Property Manager for the reasons you list above, however there are quite alot of people who do it themselves if they have a bit of spare time. As the costs are deductable I and the time and expense you would have to go through if you do get a horror tennant including...

The best advice I can give you from an experienced investor is do it your self. I use landlords choice who list your property on RE.com.au and Domain for $299. I get my own signs made up and save b/w $15-20k a sale. Your conveyancer can arrange the sale contracts. To advertise on...

Get onto REIV, and contact the principal of his RE agency. This is fraud. Cease the contract as breach and request your deposit back. Inform your Financial institution as they will also get involved with breach as it is a variation to the contractual terms. Do it, then take photo's of...

Yep...but quiet .... Mate, agree with you 100%, very lucky to have this forum without the censorship. A bit of a pickle which RUDD will be a strugle at best to emulate the focus of the PRC, now a face off. Ineptitude and or lack of face is what we are now dealing with and if the other forum...

China Posturing I aggree, they have actually been dumping ore in harbour regions (Yep in the water) for the last 12 months. This is tatically very clever. If China can control the demand dynamics then they can to a degree control price, with or without Chinalco/Rio. The current demand side...

Y man for local member Y man spot on. Getting back to the original question, it is a growth corridor and will appeal in the short term to the aspiring owner occupier, really cheap, great infrastructure (now) and will continue to attract govt $$$. IP, maybe, but in my opinion there is...

IP Building Phil as usual you are spot on and to the point. We are currently in the process of our first "Build IP" after 11 years of buying existing IP for CG. We have found that the biggest issue is the lag between purchasing the land (after due diligence) and the time it takes to enter...

Short term speculation...hmmm For those considering significantly altering their investment strategy based upon redistribution of wealth concepts ie; short term roll overs and/or speculation, what you are talking about is a function of derivitives or more commonly known as exotics. These are...

Hi Daniel, Have you actually been down the Peninsula before??? I lived there for 30 years, still have 2 investment properties one in Frankston North and one in Mount Eliza, which is my idea of diversification! Currently live in Sydney, where rents are ridiculous. Peninsula people once they...

I agree. My property at Trinity Beach (20mins north of Cairns) has not experienced the same degree of rental demand that my Mount Eliza and Frankston properties have during the same period. All boils down to Supply and Demand, high concentration of recent large scale development at Trinity beach...