Hey guys..thanks for all the replies. I really appreciate it.
We've had a bit of a drama trying to get people. We placed an ad in a few  local papers and havn't had much of a response. It seems as though we are not reaching our target and ppl aren't grasping the concept. The ad we used was:

"Owner needs to sell tidy 3br home now and will provide finance. No banks-easy qualifying. Low deposit & affordable monthly payments. Minor repairs."

8 people rang in total and most just wanted to know the price, desposit and/or repayments. We would give them the address so that they can have a look, but noone has called back.

I beleive that the people aren't clear on the benefits.

We are placing another ad in next weeks paper:

"Tired of losing money on rent every week?

Low on Savings?

Can't get a bank loan?

Keep your savings.

Enjoy easy & flexible financing(rent to buy)-No bank rules or fees

Choose to own this tidy 3br home. Make it happen. Call to inspect"

As always any suggestions on how we could improve our chances of getting through to the right buyer are v. much appreciated.

Cheers,

Arthur

Thanks Terry, I appreciate you taking the time out to answer my questions.
I’m still not comfortable with the second part of my question- how am I going to convince the banks to lend me money every 4-6 months for my renovation/ value adding projects when they know that I won’t keep the loans for 30 years ?

Cheers,

Arthur. K

Common guys, don’t start implying that I’m a criminal just because I am curious on how things work. It was just an innocent question that a friend and I were having an argument about.
Besides not everyone who asks how to make a bomb wants to blow something up…There are people who are simply curious and want to understand the science of it.
Investing is like a game…and I want to know all the rules and how everything works…nothing wrong with that.

Ausprop,
That’s one of the annoying misunderstandings. Some agents don’t understand that just because a deal sounds great to them, it may not to me. And just because I’m not interested in what the agent thinks is a good deal, he/she thinks that I’m a waste of time.

In my opinion agents should just focus on what customers are asking for and help them find it to the best of their ability. Forget about the “sales” and focus on customer service. The best agents operate in this way.

Ofcourse agenst are people, but the public isn’t sceptical of agents for no reason. I’m sure many on this forum have a story or two about mistakenly trusting agents and ending up worse off. I wouldn’t take an agents word on any aspect of property. Would you ?

P.S. I’m only speaking in general terms, not having a go at you Ausprop.

Cheers,

Arthur. K

Some great tips guys. Thanks! I’ll definately keep them in mind next time I come in contact with an agent.

No appology necessary Derek, I appreciate your comments. To answer your question ( and I know what type of person you are thinking of), no I’m not a “tyre-kicker” nor am I a “gonna” etc. I value my time and consider my investing goals a top priority ( if not number 1).

I could perhaps work on my attitude, but I don’t want to seem desperate. I don’t like playing games either and can see through any tactic the agents try to use when speaking to me. They really do take ppl for fools.

I’m 22yrs old ( don’t look young or anything)and when I walk into an angents office they always think I’m looking to rent. Perhaps I should ware a suit, but then thats going against Steve’s advice. All this trouble, all I want to do is buy an IP.

I know it sounds like I’m a negative person and hate agents. It’s not like that at all though. Just had some bad experiences.

Cheers,

Arthur.K

Thanks for all the tips guys. Much appreciated!

However, I still get the feeling some agents don’t want to sell me anything [cry] as I always make sure to let them know that I’m interested in buying something in the area in the near future. I always ask them to contact me (email, phone, fax) if anything comes up. Maybe I’m not specific enough in what I want, because I never hear from anyone. Apart from a mass mailout once in a blue moon.

For example, last week I phoned an agent in QLD whom I have spoken with before to find out if there was anything on the market. He described what sounded like a great investment. Naturally, I asked if he could email me some photo’s ( as I wasn’t going to sign on anything just based on the numbers. I wanted to at least get a picture of the place). He said “yes, thats sounds fair, I’ll get them to you. Just give me your contact details etc etc. By the way, I have given him my details already in previous conversations.
Haven’t heard from him since.

I don’t know why they don’t take me seriously. They should. I’m going to buy something and will continue buying. They are just going to miss out on the comissions.

Thanks again for your help. Once again suggestions and advice are always much appreciated.

Arthur. K

Thanks for your replies and advice guys, I really appreciate it.

I think I might start purchasing in my own name and rely soley on insurance for protection for now. I don’t want to make it too complicated just yet (not necessary). Once the income from my investments rises I will change my ownership structure for purchasing investments. That way I will have ownership diversity (added protection) and save on tax when it becomes an issue. Mind you, I will always be cheking with professional adviser(s) before making any decisions.

Feel free to comment on my plans..I really appreciate it!

And thanks again.

Arthur. K

Yea I suppose they would Terryw, unless I made it that they could only purchase on the set date and NOT before…I just want a strategy that won’t keep me working constantly…I understand that I’ll have to be proactive and keep my eye on whats happening in the market and on my IP’s…however, having to constantly buy and sell properties wouldn’t be worth it for me.

Thanks for your comments, I appreciate it.

ArthurK.