It’s impossible for ‘the cost of construction, renovation, extensions etc’ to become prohibitive.

Because people wouldn’t do them….tradies would start starving & be forced to reduce their rates.

When wages for tradies get high enough, people will stop targetting the unis & go for the trades….leading to lots of tradies, falling wages & a…[Read more]

Metropole’s newsletter is worth a read (www.metropole.com.au)

The Property Insider from Quartile Research (www.quartile.com.au) is OK.

Cheers,

Aceyducey

In theory, there is no difference between theory and practice. But, in practice, there is.

– Jan L.A. van de Snepscheut

Just move it to the fiction shelves.

So long as it’s a good read & the author is honest about the truthfulness it shouldn’t matter whether it’s fictional or not.

Frankly she might get higher sales by fessing it’s all made up anyway

Cheers,

Aceyducey

In theory, there is no difference between theory and practice. But, in practice, there…[Read more]

Originally posted by Myydral:
I agree with Monopoly. I do like to hear stories of people meeting etc, but I would like to hear an in depth “review,” so to speak of the actual day.

Would you go again? etc

Myydral,

I’m not entirely sure this is the right place for such an objective discussion.

Regardless of how open these forums are for people…[Read more]

Rouquin,

Could you promote those events on Somersoft as well (http://www.somersoft.com/forums/). There’s a large community of Cashflow fans there as well.

They got 30 to Saturday’s cashflow game in Sydney.

Cheers,

Aceyducey

In theory, there is no difference between theory and practice. But, in practice, there is.

– Jan L.A. van de Snepscheut

Fnomna,

I recommend you be vary careful about pursuing an auction strategy in the current market.

Auctions work best when the property is unique or distinctive in some way and there are a number of people interesting in buying the property.

You really want to avoid paying good money to hold an auction & having no…[Read more]

Damien,

There are hundreds of different strategies & as you read more about the topic you’ll encounter a lot of them.

It’s not a cut & dried list that you can simply pick from it’s a process whereby you explore different strategies until you find the one that suits you.

I know people who specialise in wraps, flips, renos, options, developments,…[Read more]

Hector,

It’s good you are researching this area as some people I know tried to go into it with a belief that students were simply standard renters with less money….and got burnt quite badly. It’s dangerous to make this type of assumption!!!!

Some points to bear in mind:

– There are good and bad times to have your property available for rental…[Read more]

Vicgirl,

Talk to a good mortgage broker. Lo-doc loans may be an answer for you.

We’re in a similar situation – income from rents, share portfolio returns & a couple of businesses we own.

Even though one of our businesses is 9 years old, lo-docs are the most effective way for us to borrow mortgage funds.

Cheers,

Aceyducey

In theory, there is…[Read more]

Glenn, it was good to meet you – particularly considering how far you travelled to make it

There’s a ‘debreif’ about how the day went (20 people or so) over in Somersoft for anyone interested.

Cheers,

Aceyducey

In theory, there is no difference between theory and practice. But, in practice, there is.

– Jan L.A. van de Snepscheut

Pepper,

It’s possible using a house, a unit or a both strategy.

There are some differences you need to keep in mind.

They can’t build more houses in most good locations – the land’s already in use.

They can always build more units….by knocking down houses.

Land appreciates over time….there’s no cost-effective way to create new land in…[Read more]

1) Decide on your investment goals.

Then per the order submitted by other posters….with the following added every five items:

Check that you are aware of and still aiming towards your investment goals.

The only thing worse than missing a great deal is getting a great deal that takes you further away from your investment…[Read more]

Talk to the Vendor Finance Association.

http://www.financewraps.asn.au

BTW, South Australia is the least favourable jurisdiction in Australia for vendor finance-style deals. So be particularly careful to understand the legal requirements.

Cheers,

Aceyducey

In theory, there is no difference between theory and practice. But, in practice, there…[Read more]

Originally posted by Julian:
I think everyone busy as well! me too. Coud anyone give me some good wealth ideas? Please! Please!

Make the time to invest in your future success.

Read a copy of First Things First by Stephen Covey.

At the end of the day your future is in your hands. If you cannot learn to manage your time such that you’re investing…[Read more]

I don’t see any indication that they have a financial license to provide financial advise (required on their site if they’re a licensed financial advice provider…aka financial planner)

I see no certification on their training programs for franchisees (not strictly required but provides security that their training has been reviewed, is…[Read more]

As everyone else has said – offer the low price, but some kind of sweetener such as the short settlement, or release the deposit to them.

Remember the price you pay is the market price, if they accept it the price cannot by definition be ‘ridiculously low’

Cheers,

Aceyducey

In theory, there is no difference between theory and practice. But,…[Read more]

At the same time a lot of local councils up & down the coast are setting up a study to look into the long-term effects of the seachange movement…..

Local councils claim that State & Federal governments are not adequately figuring in this population movement into their budget allocations & infrastructure planning

Cheers,

Aceyducey

In…[Read more]

Yes SIS,

The next one in Sydney is today (24th) also.

It’s been advertised in Somersoft for over a month (http://www.somersoft.com/forums/showthread.php?t=16298)

It pays a LOT to be a member of different forums.

Cheers,

Aceyducey

In theory, there is no difference between theory and practice. But, in practice, there is.

– Jan L.A. van de Snepscheut

Bennido,

The vendor finance association is a good source of links to knowledgeable solicitors for lease options.

http://www.financewraps.asn.au

The Association also does great work with various government organs to ensure that the principles of lease-options & wraps are understood by the lew makers.

As investors we need to support these type…[Read more]

Originally posted by setmefree:
These kind of scams obviously work. There is a sucker born everyday. Sometimes I just wondering how some people are so naive !! Just look at all the american TV religious programs : praise the lord, and give me a dollar.

There’s a seminar in that…..

Been taken advantage of by share or property gurus?
Invested…[Read more]