Hey Argyle,
I can speak from experience that Steve is the sort of bloke that freely shares his experience. I remember when I first started (not that long ago) and could not “find” anything. Steve kept challenging me and I perservered (luckily) and now I feel we have had moderate success with our property. What happened…did the properties…[Read more]

Another Brisbanite. Good. Need more of us to buy houss and stop the flood of mexicans….he he he……. Mate I will be organising a Brisbane get together soon so keep your eyes peeled to the forum. Got a few things on at the minute so I will try and get a date sorted.

Enjoy
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(Andrew)

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

Accountant – Dale Gatherum-Goss
http://www.gatherumgoss.com

Solicitor – Where are you. In Qld I use David Barlow 3229 0494. Very switched on and competent. Let him know I sent you and he should take care of you.

Hope this helps.

Enjoy
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(Andrew)

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

The easiest way to do it if you can afford it is to buy theunits cash then refinance them the nex day based on valuation. You may want to do a valuation first to ensure this tactic will work.

The alternative is to find a lender in NZ willing to lend on valuation rather than purchase cost.

Enjoy
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(Andrew)

“Character cannot be…[Read more]

Where are you situated Matty ?

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.”

Hey Brizza. No such insurance for no tenant but you can get insurance for loss of rent, damage by tenants.

As to the discounted rental income. Sometimes it can be as simple as finding a lender that will do the deal. It may take time to find them but it is worth it. Most lenders have different criteria and a good broker should be able to help you…[Read more]

Hey Pete,
I have done very well out of Brisbane over the last while but that was also before prices increased to the level they are today.
I will still expect to buy properites even in this market but instead o 7-8 per year it will probably drop back to 2-3 while the madness reigns. Many people are saying that prices will contintue to rise (BIS…[Read more]

I am not an accountant and as such it would be worth checking with one but…..my understanding is that if the gain is made over there and brought back to OZ you would face CG as in every profit for CG.

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…[Read more]

One other thought is to also find a mentor. Learn from the horses mouth….

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.”

One other thought is to also find a mentor. Learn from the horses mouth….

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.”

Well done Westan. It’s been good to have you in the community.

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.”

Knowing you Nessie there are probably a lot of Bullseyes going on.

I here what you say about rushed decisions. On the flip side though I notice how easy it is for me to make decisions now compared with when I began. The numbers fly through my head and I am able to provie very quick responses for people.
Time does train the brain as…[Read more]

Hey HWD….what is true market value ?

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.”

Anastasia,
Long time no see.

That is a toughie to answer. Brisbane has done well and so has Sydney.

As I put in many posts I ask of you what your end goal is ? What are you setting out to achieve in property ? Are you a mass collector like our benefactors Steve and Dave or a renovator like the Doidgy Brothers (Paul Eslick and Geoff Doidge) ? Do…[Read more]

Interesting thread.

One of the things I do when I buy is make sure the numbers work. I don’t speculate. So as far as me driving the market up…..I don’t think so.

I guess my question though is what is defined as a property investor ?

Anyone who owns a house …… you need to own five houses……what and who defines property investor.

There…[Read more]

Hey Gordon,
What are the estimated numbers on property two. That will help crunch the numbers.

By the way….greed is not always good unless you are greedy for time and control of your life. Even then greed is probably not the right word.

Enjoy
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(Andrew)

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

Hey Rick,
Why sell? why keep? What do you want to do next? What is your property goal/dream? What are your desired outcomes in life?
I guess the point I am making is be clear on what you wish to achieve. Do only things that bring you closer to that goal. Be creative and energetic about getting to that goal.

Enjoy
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(Andrew)

“Character…[Read more]

Well I’ll be. The truth behind the name comes from what Steve has taught and shown me. Also the amount I have learned from this forum over it’s brief bu thectic life. It is a true name for me. I know that in the not to distant future this name will have even more application to my life. Thanks to the lads at PI.com.

Enjoy
AD…[Read more]

With you there Mini.

I remember the first seminar I met Steve and Dave at in Coolum (Dave conviced me to get that Wrap pack….thank goodness best $2000 I ever spent).

That night set my world of investing on fire. The reason….I used the knowledge and did it. You can go to seminar’s all you want but application is a whole lot better than…[Read more]

Interesting Point Mini. Something to think on. I guess though that even if it doesn’t burst it may flatten out for a while. To be honest I don’t think about it much as I buy on numbers that make sense whether bubbly or flat (much like I know you do). I guess the rule for me is if I am worried about bubbles then maybe I am investing in the wrong…[Read more]