They are trying to get you together to spruik you a property, run a mile and let him know he sucks

Why not shame him, it will help others from getting treated like that.

Always get independent advice not associated with the transaction, trust me, best advice you will ever get.

Cheers

Nigel, it would be interesting to compare the 90's figure with now

Shocking service Hiten, at least with social media now companies like these will suffer in the end.

I do know someone who has investments in Ceduna and may know someone there who could help or point you in the right direction.

No wonder Real Estate Agents are perceived as car salespeople.

There is no logic in their decision ,okay the property…[Read more]

The thing to remember here it is not as hard as some will make you think, by keeping it complicated they are able to charge fees and services and direct people where they want them to guy, not looking after their clients best interest.

Investing in US property is easy and not a hard or high risk  thing to do as long as you get the right…[Read more]

I would be especially careful of apartments based outside business districts, potential slum cities

Exactly why you need to have someone make sure you do not invest in these areas, pretty easy problem to overcome

I am sure they would love to realise these bad debts to get their cash reserves up so they use that cash to re lend at their 9 to 1 ratio  This would give them ample funds to start lowering lending criteria to get money flowing again,  What are your thoughts on which way it will go? 

They are extremely worried re taking possession in certain areas as all this will reduce values and affect there non problem loans. Interesting times re values in the next 6 months I would imagine.

Not likely

I too know someone who buys huge numbers of properties from the lenders in bulk lots. These are usually apartments, flats and townhouses, usually the domain of the investor.

You should ring one of the Andrews direct. I think the son is the MD, he may appreciate to hear about what you received, a lot of time these decisions etc are made by the line manager. I cant imagine the Andrew's family would want tell a client they do not want them. Amazing

Really bad service if that is the case, did you get a call or anything…[Read more]

Speak to Toop & Toop, very professional, probably the best in SA id say in systems and procedures etc

I have never had any personal dealings with LIn Andrews, however within the Adelaide Real Estate fraternity they do have a fairly good standing.

Great local advice guys worth looking in to further

It is defiantly becoming a global economy with the advent of technology making it so easy to transact, your are correct though it does place it in a different perspective.

Maybe as Australian's , we should be taking advantage of the cheap opportunities outside our borders as the Chinese etc are

Will raise interesting debate about sovereignty I…[Read more]

Thanks, will research the related party loan  feedback

Nigel if the 5% commercial loans are compliant, would be very interested, into looking into these more, if we can find a better offer , fantastic, where would  be the best place to start find these?

I spent 2 week sin Townsville researching the area in December last year.

 I did like what I saw, Townsville is growing to become a major satellite Business City for Northern Queensland.

It does not rely on one sector and has a diverse demographic including defense, mining, tourism and aqua &agriculture 

Like anything, the profit is made in the…[Read more]

Even if for some unforseen reason the currency did go broke. land will always be there and there will always be a demand for shelter.

This is one occasion where I really really push, get good advice first, and make sure it is in no way linked to the transaction.

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I have written an article on this, in my opinion the jobless figures are critical, keep in mind there will be a large lag between the economy showing growth and the property market improving.

There is way way too much stock, held as bad assets, it will take a couple of years once the US economy turns upwards before that stock in back in the…[Read more]

Do more research

Look for stock on market compared to this time last year.

Vacancy rates over last 12 months and how is this trending

Days on the market and vendors discounts are worth looking at.

These things will give you a feel for the area, then it is a matter of finding similar properties

As an example if you can find similar properties…[Read more]