Just for anyone reading this.

I just read the post. Doesn't look like anyone has the connections. I just spent a year in China. Have a fair few however not for Kitchen. Can find and source.

In China they use Taobao not Ebay. Ebay/Grays are full of people reselling Chinese stuff marked up. If anyone want to import from China, I may be able to help. Personally, if I had a 2 or more kitchens or Reno jobs on I would import the same Kaboodle / flat pack stuff as sold in Bunnings direct from China. Bunnings imports most of there stock from their anyway. Need a good Buyers agent and a few other things though. I got most sorted out.

Hi, Im hoping to share knowledge/ability with any Vendor Finance people in particular areas. Just did another course from a different VF/Option group.

Market Ready to make a 'Sandwich' deal, or buy, renovate, rent, resell slowly. Can partner, share, JV.

Roger, thanks so much for sharing the insight. Really appreciate what you wrote.

mate try 'Real Estate Master' or Real Estate Master IIIX

its a simple android/iphone app that does it all. $5.

Im up for sharing excell spreadsheets.

Anyone doing VFinance in Brisbane or Townsville please holla

Hi guys, Anyone have a Spread sheet for crunching the numbers. I have been out of the game for a few years and getting back.

Hoping someone would be able to share their spread sheets with the Maths.

Im looking at Townsville and Brisbane. In my opinion, Brisbane better growth, Townsville better Cashflow & at a lower buy in, manufactured growth should be easier.

hahaha, what a coincidence. I was just with Daniel at 'The Pad'. I've heard about them for a while, Daniel is great. Dao, give them a call.

I believe you want your place to be LMR, I read above its Low Residential great.

Next if you want to rent out 7 rooms have to become a:

Multi – unit dwelling: a use of premises as the principal place of longer term residence by several discrete households, domestic groups or individuals irrespective of the building form… Example of other forms of multi-unit dwelling include boarding house, retirement village, nursing home, … hostel….

To change it from a house to Mulit-unit dwelling, have to deal with Council, and fire safety. The fire safety  includes, monthly inspections, alarms hardwired to each room etc. Firesaftey is a large cost. Sometimes investors with 6 rooms will leave the 6th room empty.

My Opinion, you having 7 rooms, speak to Daniel at The Pad and look for ways to increase the rental return.

ps. Im no way related to "The Pad'  just looking at buying, increasing rooms, having them assist in the process. 

Kind regards,

Adrian C

http://www.adriancahill.com

Wow this is great.

I just PM to MunMun5, I will try to join him in Brisbane.

Catalyst Comment "A young meetup sounds great but in reality it may be the blind leading the blind."

I have seen Entreprenuer groups where they all help each other become better Entreprenuers. I think there still Entreprenuers (trying to achieve more but limited by those around them).  You can really benefit by having a people ahead of you. Suggest a couple of ol dogs that have done a few deals or made a few million. Or have some Millionairs drop in occasionally. Or guys like Rick

Sebastian, I found a lack of Mentors. I don't want to be retiring at 40. I want to retire at 30.

What Rick Sta says is interesting. I did it similar to him. I attended meetups and talked more but relised that there was so much BS out there. I had 50yr olds giving me lots of advice and they were all working 40hours perweek.   Rick, if your up for lunch someday holla. Im visiting family in Townsville till the 13September.

Ive actually been on this site since 2002-3. This site!

and then you will also find a lot of BS sites, and u may find some people here trying to sell services. 

10yrs ago I joined this site, found heaps of great info. 

Excuse me Mat, Im trying to learn from your post but im missing something. besides insurance what is so bad about having the property regarded as a share house. It appears to be one.

To All frustrated Investors. There are always ways to make money regardless. You just have to find the way to do.

If your here to make money and more cash flow and cant find a way to do it you need to do something important.

Think outside the Square.

Savings, Stocks, Options, Warrants, Property, Development, Land, New Business, Web based Business, Mentoring, Extra after hours work, Online surveys, Education. There are ways to make $$. If properties are out of reach maybe now is a time to find other sources to save up for your deposit.

Im in a similar boat. I have 3 properties, A, B & C. I have a spare 60k equity in A and 70k in B. I want more investments but running low on spare cash flow to fund any negative geared property. and +CF opportunities are running low.

I have decided not to sell, i believe NQ, and Isa still have a fair bit more growth to do as our region becomes more well known to investors and the area continues to boom in numerous different sectors(defence, mining, refining, etc).
I am considering using the equity of property A to buy into managed funds and get a margin loan on top. (considering international property)
and doing the obvious and use property B equity to buy another property as close to +CF as possible near Tsv.
ps. how did you get started in commercial property in Tsv