Recent content by rich ando

i recently bought in perth...paid $350 (plus 13k in costs) rent $395 per week.. depreciation and capital w/o $7,500 so it will fit the cash flow positive model when rates drop to 6%. there will soon be many deals like this as job losses kick in but my concern is... are rents sustainable...

I park in the brisbane airport carpark for a week a month. in June the price went from $75 to $100 per week per car (and theres thousands of them). Imagine owning a property that employs one person to take the money and you can put your rent up 33% pa and the tenants dont leave because its...

vendor sold the milk bar 6 months ago..

I am looking at a property that I thought may make for interesting discussion. Details: - 800sqm block zoned residential - two buildings, house at rear, shop (milkbar) at front - gross yield on asking price is 6% (shop pays outgoings) - you could say yield on house 4.4%, yield on shop 7%...

thanks raddles so the PI cover comes with the building insurance right?:o

building ins. vs landlord ins. guys can someone help me...in order to be covered for harm suffered by tenants or others do you need landlord ins. or will simple building ins. cover this? rich

sounds a little high... good agent is brad mantle at caporn young - 9385 5559

election is only made WHEN YOU SELL Geoffs right..and this is a fact often overlooked. In reality you can have as many PPOR as you like as this election is only made WHEN YOU SELL as far a CGT is concerned. As long as you lived in a house and then lived it again every six years it can be...

metal prices were up brenda metal prices were up sharply on london exchange last night (thur)...eg zinc up 5%.....RIO as a diversified miner responded accordingly.. rich

15% income on managed funds Michael...interested to know which managed fund returns 15% income? Rich

Inspiration Wow...what a great story...i am really inspired by that... well done...be patient and it will happen!! congratulations

I think we are seeing a number of trends.. 1) A continued shift to "see change" coastal property with many developments now occurring in traditionally vulnerable (flood prone eg Northern NSW & Gold Coast) areas. 2) A slowly rising sea level 3) Increasingly unpredictable and violent weather...

Curumbin Good work Chris.... I notice you are from Currumbin.....what do you think of the investment opportunities in and arounf curummbin? Richard

LL....thank you very much... LL....thank you very much...

covers why residential and not industrial/commercial? Landlubber....i agree with you... but my copies of Jans books are in a box somewhere under the house.... can you refresh my memory as to why she favours residential over commercial? Thanks in anticipation richard