Recent content by NPB

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    Bellbird Park / Springfield / Redbank Plains

    G'day Scott, We have taken over the management of a number of properties in the area that were purchased by another BA around 2007-2009 in the area, they were mostly established houses 5-10 years old. Not one of them is worth more than what was paid, they have been a disaster, the...
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    All-time funniest Somersoft threads

    Given Sim banned him and removes any thread started about him i don't like his chances of becoming a member of Sim's own forum. There are 20 banned members I would love to see reactivated on PC. Spice things up.
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    Buyers Agent - Sydney, Melbourne, Brisbane

    This will change soon, and hopefully before the end of the year. We have been in Brisbane and Melb for years and are currently hiring in Syd, Adel and Perth. (Please advise any GUN BA's or PM's looking for a change to contact National Property Buyers ) We will have physical offices in each...
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    Looking for a buyers agent - Brisbane

    Haha, Glad you have put on extra staff so you can maintain your reputation of excellence that you have worked so hard to achieve!! We are currently buying for clients in Moreton Bay so we don't have any issues there but we don't service Logan, we get lots of enquiries from interstate for...
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    too many IPs

    [/B] I agree with that, get rid of them, they have done there job, make life easier and stop having to deal with the tenants who occupy these type of properties. Have the same asset base but not as many individual assets.
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    Changes / tightening on servicing for investors

    yep plus 20% based on P&I for both externally and internall for new stuff basically up 1% if apra and asic are trying to reduce investment lending then this shotgun approach is actually impacting First home buyer and upgraders. Cashed up investors and foreign cash buyers will get a free...
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    Changes / tightening on servicing for investors

    CBA make that june 27th * higher serviceability rates * loaded 20% repayments on other debts * reduction on acceptable overtime/allowances etc * yield on property capped at 6%
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    Changes / tightening on servicing for investors

    More changes coming at end of month, mainly around assessment rates on current debt, get apps in now
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    too many IPs

    I agree very much with this, never thought I would sell IP's but have sold a few the last couple of years. Have put funds into small business start ups and expanding existing small businesses rather than EFT's but the reasons for selling were similar combined with believing some markets were...
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    Small townhouses vs luxury townhouse?

    i would do the one luxury townhouse. Scarcity factor will certainly come into play over time and gives you the option of living there if you choose. You could always build the mega place now and live it then later on in 30-35 years you could always knock it down and build the high density...
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    Buyers Agent Recommendations for Brisbane

    Maybe he thought your brief for that budget could not be achieved or he was simply swamped with work. Better to not take on the job than fail to deliver the service don't you think? I have heard only good things from clients who have actually engaged his service.
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    Advice for Gold coast uppper coomera/pimpama

    Just don't do it, better to do nothing than buy this
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    Is there a way for landlords to join forces and boycott kmart?

    Fullylucky you are a star! Would love to have your children
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    Currently living off passive income

    Don't become a valuer, high pressure, low pay, little career development Valex have killed the industry
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    Hang laundry on balcony visible from the street? legal?

    Unlikely to be illegal, likely to be a breach of the owners corp regulations.
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