My Story
But, how do you quit your JOB?
But, how do you quit your job? This is an excellent “but” question and unfortunately, I didn’t include it in my book, Working my “BUT” off!: Reflections of a property investor. It’s a great question. Here are some fun answers I just can’t resist throwing out there! 1) Go to a university and take a course […]
Darwin Rental Market; What’s Happening?
“Dave, your tenant has given notice to move out. And, it looks like the market has come down. I recommend we advertise the house for $480.” My agent relayed the less than exciting news. Not exciting for several reasons. First, the tenant is moving out. Anytime a tenant moves out, I run the risk of […]
Why did you buy Vacant Land in Florida? Part II
Click here to read part 1. The Horse Trading Begins “How much is a block of land in Citrus Springs these days?” I asked just out of curiosity. “You can pick up a block for under five grand. We had one sell recently for $2,500. Never seen prices this low.” Said Walt the sales agent. […]
Why did you buy vacant land in Florida?
During our September 2010 visit to Florida, we bought two blocks of vacant land. And, the question you may ask – and I ask myself – is “Why?” Good question. I certainly wouldn’t recommend doing it. It goes against one of my rules of investment; don’t buy an asset that doesn’t throw off income. So, […]
DHA Rent Review: A Goldilocks Deal.
This is a continuation of my previous article, “DHA Rent Review – Not Even Close.” The annual Defense Housing Authority (DHA) rent review process is finally over. And, here are the results. The property in Adelaide came in at $385 per week; a full $20 more than the original DHA valuation. The property in Brisbane […]