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  1. M

    How To Get A Pay Rise

    Hi Guys, I was telling one of my broking buddies about how I wrote a book and it's called "How To Get A Payrise". He reckoned he was a bit surprised, because it wasn't about how to buy an investment property, or get a loan or whatever. But the truth is this is where it all started for me...
  2. M

    how does income protection insurance work?

    Hi Guys, I looked at one 'Mortgage Protection' product that offered 4 month's payments for losing your job. I think it was for retrenchment or being sacked. I remember that it was with NAB, but I don't remember the name of it. It was expensive, but if you don't have the means to create a...
  3. M

    Here is a pilot of my new tv show coming soon.

    Hi Nathan, Looks great! I'm sure it's the start of even bigger things for you! Good Luck, Medine
  4. M

    Is Melbourne cooling?

    I reckon that we're seeing Melbourne cool off only slightly. Yes, we've had a few weeks below 80%. And, in one suburb that I watch the harder to sell properties didn't sell at auction last week and are still on the market. = Not everything is selling = Market it no longer crazy hot Most ot...
  5. M

    Property Seminars Are They Snake Oil

    When I started I read all the books that were available and got pretty educated, but still did nothing. Then I did a course and got the confidence to actually do something. I don't think it was the specific course, but I just needed something to give me that lift to make the first leap. I...
  6. M

    Tenant wants a week's free rent after storm water damaged their belongings

    Hi Raths187, How about getting a new Property Manager? One who is working for you, not for the tenant? It's easy - you just find another one, tell them you want to change, and they handle it for you. These people are taking your fees and not doing their job. It really gets my goat...
  7. M

    Sydney Waterfront Apartments - Good idea?

    Hi POTM, 1. Generally houses have more growth than apartments because they have more land included. This is not the case in the areas you mentioned because of scarcity of land pushing the price of apartments up too. 2. I'm not an expert in Sydney, but I had a little squiz at the residex...
  8. M

    First Property Areas in Melbourne

    Hi Darkage, Congratulations on being ready to buy your first property. I love the south east growth corridor. But if you're going to live there doesn't where you want to live matter? I'd start with working out that first. And I'd also consider a buy and renovate if you have a view to...
  9. M

    Renovating For Profit Course - Anyone Been?

    You're too harsh on yourself! I think YOU look like a goer in this shot!! http://investorschoice.com.au/documents/WH_MAY_2010.pdf Well, maybe minus the two year old! Anyway, for my two cents worth, property investment courses are only expensive if you don't do anything with them. I started...
  10. M

    Selling a very big land

    Hi Evisional, You sound pretty motivated to me. Why don't you just do drive by all the development sites in Nunawading. Take down the names of the companies and give them a call? See if they're interested. And then you can negotiate the sale yourself. Otherwise the fees quoted sound...
  11. M

    Just a silly question about Sydney/NSW

    Hi MTR, A great way to get capital growth in a short space of time is to buy a daggy place and do a renovation. Reno queen, Jane Slacksmith has lots of infomation on her web site. www.investorschoice.com.au. Good luck with it! Cheers, Medine
  12. M

    urgent help with PM in QLD

    Hi Goldstar, Having the LL visit is a great opportunity! Maybe they haven't been aware at all of the problems? I have one property that an ex PM inspected one month. She reported it was all good, nothing to do. Then the tenants asked for the ceiling to be painted the next month. The paint...
  13. M

    Cat wee in carpet what can I do?

    I'm with RedCat. A good pet store will have a few options. I've had success with one that I can't remember the name of - maybe ABC.... Anyway, worth a crack before you pull up the carpet. From memory the effect was immediate. Cheers, Medine
  14. M

    Landlord Insurance

    Hi Daniel, I always thought that the rule of thumb was: if you picked up the house, turned it upside down and shook it, anything that falls out is a content. Anything that stays put is fittings and fixtures (and thus covered by landlord's insurance). So it seems strange that the carpet isn't...
  15. M

    Richmond off the plan apartments?

    I have always attributed the low (but still growing, not going backwards :)) capital growth in the CBD, Southbank and Docklands to the availablity of properties there. It means there's no scarcity, which usually pushes prices up. I guess when they run out of building sites prices will grow...
  16. M

    Anyone revalued after adding a granny flat

    Hi Garbage, The banks are being very conservative with valuations at the moment, and often discount the value of a bungalow or granny flat. I'd be ready with a list of good comparables by way of argument. Cheers, Medine
  17. M

    Norlane

    Hi Donners, You can do a drive around Norlane and get a pretty good feel for it. Some of it seems a bit down and out, but then some parts are lovely little cottages begging for a reno! Cheers, Medine
  18. M

    Melbourne Property Cycle Update

    For my two cents worth I think property prices in Melbourne will continue to rise until at least the end of the year. Just my opinion.... Cheers, Medine
  19. M

    How to evaluate IPs for yield/CG (spreadsheet?)

    Hi Marmalade, You can check out Jan and Ian Somer's software program - PIA. You go to www.somersoft.com.au and click on software. It's pretty good. Cheers, Medine
  20. M

    Would you buy and investment property through Laing & Simmons?

    Hi Rocket Man, Deposits are negotiable. In fact, lots of things on the contract of sale are. More than what an agent would have you think. In terms of L&S - I'm with the do your own due diligence camp. Cheers, Medine
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