For me May it is whatever I feel like writing. I find that it has quanitified what I am doing and since I started I have found a new lease in property investing. Being in Brisbane is making it hard to find good property (too may mexicans uo here) but the journal has challenged me to go further afield. Australia is a big country with many…[Read more]

I think another good source for you to check out might be http://www.matusik.com.au . These guys try and crystal ball based on demographics amongst other things and they have been pretty accurate since I have known about them. (Wish I had known sooner). They produce a report called Snapshot. I actually met Michael Matusik last week and had a grewat chat,…[Read more]

Give a person a fish and he eats for a night.
Teach a person to fish and they could feed themselves forever……….

Enjoy
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(Andrew)

“Character cannot be developed in ease and quiet. Only through experience of trial and suffering can the soul be strengthened, ambition inspired, and success achieved.”

Anothre option is to jump onto Stuart O’Neills http://www.guerrillarealestate.com.au/Gshop/shop/ and he sells property calculators. They takes all the unnecessary buttons away and only leave the property ones….Great for a simple guy like me.

Enjoy
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(Andrew)

“Character cannot be developed in ease and quiet. Only through experience…[Read more]

I think the basic rule is the fund cannot borrow money but it can certainly hold the residential property if it owns it outright. Correct me if I am wrong Financial gurus…..

Enjoy
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(Andrew)

“Character cannot be developed in ease and quiet. Only through experience of trial and suffering can the soul be strengthened, ambition inspired,…[Read more]

On face value it is a great deal…..the fineprint will tell the full story though. Make sure you have a solicitor check out the agreement and ensure it is not putting your capital at risk.

Some other thoughts.

1. Is the money guarenteed by anything ?
2. Is it a true second mortgage where you have an interest recorded in the property ?
3. Is the…[Read more]

Well done Richmond. Go get it….
I won’t stir you about the tigers this time as The lions went down last week too.

Any way hope it turns out to be a great step.

Enjoy
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(Andrew)

“Character cannot be developed in ease and quiet. Only through experience of trial and suffering can the soul be strengthened, ambition inspired, and success…[Read more]

I think it all comes down to definitions. We had a dsicussion about the differnet levels of the Lomas theory not long ago……

https://www.propertyinvesting.com/forum/topic.asp?TOPIC_ID=852
https://www.propertyinvesting.com/forum/topic.asp?TOPIC_ID=809

Hope these help

Enjoy
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(Andrew)

“Character cannot be developed in ease and quiet.…[Read more]

Good call Mini,
I’ve read his books and always found them thoroughly enjoyable. I guess the question that must be asked id do I think I will find enough in this info to justify the $3000. I haven’t seen it but to my mind one deal with a Twust is worth well more than $3000.

Enjoy
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(Andrew)

“Character cannot be developed in ease and…[Read more]

Hey 4walls,
How is the wonderful land of my birth
(Singapore).

Anyway on to your question. It would fit into the other buying costs section if my memory serves me correctly.
Hope this helps.

Enjoy
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(Andrew)

“Character cannot be developed in ease and quiet. Only through experience of trial and suffering can the soul be strengthened,…[Read more]

Hey Ariel (Little Mermaid)

It is interesting you say that you can’t stop going. After I came back from this seminar trip I was dog tired and it took me a few days to catch up. But we are now in motion again….many deals looming.

I remember the first Seminar I did with steve last year and how much of a boost it gave me. I think my wife (Fiona)…[Read more]

Well done Red Card. Keep up the good investing.

Enjoy
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(Andrew)

“”Imagination is more important than knowledge. Knowledge is limited. Imagination encircles the world.”
Albert Einstein

The broker may be talking about owner occupier rates ??

Enjoy
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(Andrew)

“”Imagination is more important than knowledge. Knowledge is limited. Imagination encircles the world.”
Albert Einstein

If it has helped you Adam it was well worth posting. There really is a lot of info tucked away in the history on this site. I was shown some of the early posts by Brent last week and it is great to see how far this site has come. Well done to everyone who contributes.

Enjoy
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(Andrew)

“”Imagination is more important than knowledge.…[Read more]

Hey Fasta,
Check out http://www.gatherumgoss.com . It is for sale through there. (his book).

Enjoy
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(Andrew)

“”Imagination is more important than knowledge. Knowledge is limited. Imagination encircles the world.”
Albert Einstein

Well done Leigh you obviously have met Dale Gatherum-Goss. He is a good bloke and knows his stuff.
Violeta if your accountant questions you again I wuold walk and find a more competent advisor. Even if they are slightly iffy. One of the most important parts of your success is your team. If you are not all pulling together in the one direction…[Read more]

Hey 4,
I am definitiely using a property manager. My time is valuable and the 6.5% is cheap for the next deal I can be finding. I do regularly check up on them and randomly drop in with a cahke to say gooday but I feel they are reasonably competent and they do free me up.
Imagine 20 properties with $150/week rent = $3000/week.
Management costs me…[Read more]

Not that I agree with this deal but what is the real down side ?
Is it really $150K or more likely the land flounders and you have to sell it for $125K and take a hit.
I guess my point is what is the real loss. It is possibly not the whole amount rather the potential resale point.

To lose the Whole $150K would be very extreme….not impossible…[Read more]

Well done Brett. I am sure it will work wonders on your investing and family life.

Enjoy
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(Andrew)

“”Imagination is more important than knowledge. Knowledge is limited. Imagination encircles the world.”
Albert Einstein

Hey Fun . Check out the search function. I think you will find a bit on these guys.

Enjoy
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(Andrew)

“”Imagination is more important than knowledge. Knowledge is limited. Imagination encircles the world.”
Albert Einstein