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Jeez, after all that, I would only risk what I could afford to lose. Nothing more. I'd be working on building that portfolio slowly, but surely.

I've learnt that property managers need to be managed.

Hi D.T., I renovated two units, a 4 bed Federation house, and a small 1850s barn remotely all in central Hobart. After several phone calls and two or three trips to Hobart, I managed to find the people to work for me. Initially, I had organized an architect to project manage the house renovation...

I reckon just leave the kid alone. It's not like she was doing heavy stuff like ice or worse. It's normal for kids to push the boundaries. She knows that you know and might be stressed that you might say something to her parents thus imagining what the consequences might be.

Thank you. Very good advice. G.

Thanks, Tobe. We have had business with Rams for about a year and then refinanced with someone else. It gets to the point where it's difficult to keep track of who is doing what, finance wise. Is it common for brokers to "churn" clients, ie: keep changing banks etc, as to keep getting...

I have been using a broker for several years and I have been happy with him. However, it seems we have hit a wall in trying to obtain finance as I am LoDoc. I have lots of equity, but my income isn't great. I can get a loan to fund purchase of $275k but will be paying through the nose for it...

Melbourne is hot.

I think Noirot has a lifetime guarantee.

Tradies Hi Jess, My experience getting tradies in Hobart has been very positive and I live in Melbourne; all contracting done pretty much by phone. We've renovated a 4 bedroom Federation house, a derelict building, and 2 units all in Hobart, pulse "tweaked" two other flats. No dramas at...

Hi Sour, For whatever it's worth and perhaps I'm stating the obvious, buying 10-15k out of Hobart is virtually buying in the country, so to speak. If you're seeking any kind of growth as is starting to happen now, you should think about buying closer to town. If it's a lifestyle choice, then...

For whatever it's worth.... I have always been dubious about buying OTP; I've seen people lose their shirts. Being somewhat conservative, I've always invested in older style houses and apartments here in inner Melbourne and it has paid off. From Federation to Art Deco, these type of properties...

Hobart has come of age in many ways during the last few years, particularly with the advent of MONA. It's culinary advantage is constantly being celebrated and the tourism industry is booming. Now, with the change of state govt, we are apt to see some economic stimulation as the business...

Geez, I don't know... I detest property sprukers. There is no reason why a reasonably intelligent person couldn't learn the mechanics of property investing by reading, hands on experience, getting technical info from an accountant, and by being on forums like this. $10k is a lot of money to part...

What a great story!

For $10k you should get some pretty nice furniture from Jardan. Call Hannah in Melbourne and have a chat. I have two couches and they are amazing.

And Clarendon Vale

Hi Missbehaving, No matter what, don't stress. Make the best of the situation and learn from it. This experience might just be the catalyst to make you really learn about property investing. in relation to the property, maybe plant some nice trees at the back where the train line is so as to...

Chris Andrews at Key Property, Sandy Bay.

Fisher, Regards to rent... $350?? Maybe a little more. But you're up against many other apartments. You'd better off buying an Art Deco 1 bedder, furnishing it nicely and doing a corporate short term rental. I have a friend who has a studio apt on Queens Rd getting $100 per night...averaging...