I have been investing in tax liens through Tommy for the past 12 months and can tell you it does work.  I don't hav e a lot of uninterupted time  so liens suit me perfectly.  It really is simple.Judith

Hi Melbproperty,It depends a lot on what access to investing cash you have.  If you are limited then the Results program would be a great start to teach you disipline, research and all areas that you will need to know to ensure you embark with the most information and confidence to save losing your shirt on your first deal.  If you are cashed up t…[Read more]

Hi Jenny,                   Have to get my car serviced so will make it for Wednesday so I can be down in Perth.  Book me in please.  It will be great to catch up again and I will tell you all about my USA trip and Tommy's mentoring.  Maybe I can get a presentation together for another meeting.See yaJudith

Hi Greg,                    Yes, I did do the mentoring with Tommy and can highly recommend it.  It is expensive but the knowledge gained and the profits possible make it worthwhile.  Have you any plans to go over?                     Sorry  I do not wish to elaborate on any perceived problems as they are, at this stage, just that.  Judith

No problem Richard.It does not work under any system in Australia.  It is all done in the USA.  You first need to obtain a tax ID, either ITIN if you intend to operate under your own name or an EIN if you set up an LLC (company).  You can then purchase liens or deeds direct from the Counties with the potential for quite considerable profits.  I p…[Read more]

Richard,  I was at the first and so far only training organised through Property Investing.Com that included Australians and there were only 5 of us there.  I know all are buying tax liens and deeds so cannot imagine who has contacted you and reported that they are trying to get their money back.  There is a perceived problem with a part of the pr…[Read more]

The man is obviously in desperate need and is trying to do something for his family. Skip over his posts if you find them annoying.  Please try and give the guy a little slack.

I can see that you must be fairly new here Allmine by the number of your posts.  If you continue to log on here you will soon find that your doubts as to value for money on anything offered were entirely unfounded.Best to youJudith

Many of the mining companies are now opting for fly in fly out so do your due diligence for mining areas.  Get on to some real estate agents and ask to be placed on their e.mail alert list.  I get lists a couple of times a week and have seen a few worth looking at but then I'm not buying just now.  Lists also give you a feel for prices expected if…[Read more]

My Accountant always advocates paying an amount into a super fund to further reduce overall taxable income.  Not sure of the ins and outs as we haven't needed to do this yet but he says it is better to pay yourself super than to pay CGT.  Hopefully you have a good Accountant that can advise you on this.Cheers,Judith

The first thing you would need to do is obtain an ITIN.  This will allow you to open a bank account, have a property registered in your name and obtain a mortgage.  An ITIN is a number that allows non residents to carry out varied transactions and an application form is available through the Internal Revenue website.  You would also need a bank ac…[Read more]

We are building on our subdivision which is a survey strata but we are not able to collect plans from Council until sewerage and power have been connected. Power was no problem but sewerage is a nightmare. Think it is finally sorted and hope connection will begin within a couple of weeks. Bank will lend $20,000 up front but second progress…[Read more]

Not sure of the attitude now but a few years back when we looked at a unit with a 6000 postcode Banks would not lend usual percentage. I think they would only lend 60% but can’t quite remember. This tied up too much capital as did buying off the plan for too long so we forgot that idea in a hurry.

If I knew then what I know now……….you…[Read more]

Anywhere along the Madora Bay area pay attention to the brickwork. Strong salty winds erode the mortar right out of the joints particularly if the wrong type of mortar has been used. There is one brick fence that you can see right through as there is so much missing mortar. There is also a particular grade of roofing steel that must be used…[Read more]

I have it on very good authority that a flight path will be constructed over Forrestfield and another over Midland. Midvale seems a better proposition to me although folk do seem to get used to halting conversation mid sentence as a plane flies over.

If I knew then what I know now……….you know how it goes

There is almost nothing available for purchase at a decent price in Toodyay and rentals are just about non existent. We have over 8000 sq mts and will be building units over the next several years hoping to sell as many as possible off the plan. We had anticipated a $130,000 price tag but have been told that they will now sell for more like…[Read more]

LOL. Not quite so easy. You are right in that you first need to ascertain the zoning of the property but from then on use a Surveyor. We use Guidice Surveys 93356222 and have found them very helpful in walking us through the process.

If I knew then what I know now……….you know how it goes

We are currently sub-divided a block in Perth which is conditional upon services being provided. This means underground power $1500 and water sewerage connection $5000 plus plumbers fee. This is a Planning Commission requirement and nothing to do with the relevant Council. Release documents are to be lodged with Planning once the work has been…[Read more]

Good advice Tools. My husband always marks half the diameter of a tile off from the wall and marks with a chalk line. Tiles are then laid with the side point on this line. He fills in around the walls with cut tiles so that any “out of square” walls make no difference as the fill in tile is cut to size. He always fixes skirting first.…[Read more]

Glad you have it sorted Purple Kiss. It never ceased to amaze me how slack the legalities are in WA. Something like you have had to put up with would never happen in one of the States that have Solicitors handling property transactions. For those in other States, can you believe we do not even have Requisitions on Title over here.

If I knew then…[Read more]