Thanks for the imput Airstrike, I just contributed to one of your threads Yeh I personally dont like the equity split of 60/40, I would much prefer to get an investment partner where the deal can be set up together and everything split fairly, I have more confidence with deals I have sought myself and done a full dd on rather than asking som…[Read more]

Too bad you missed out Airstrike, I too missed out on a good deal mid last year (I even had the contract signed, but pulled out due to "fear" STUPID me!) if you ever need an option contract, I have a template that can be used and I can legally place caveats too (Im in Perth).

Have you bought yet? I am in Perth and I too was faced with the exact same situation you have right now. Do I buy land close to the city and subdivide down the track or do I buy new but far away? I had found a great block in Bayswater that was a triplex potential land with a free house on it. But dispite a thorough due diligence and due to the…[Read more]

Contacted Rory from the details at the bottom of the article and he says the shared equity is only available to first home buyer

Awesome idea but EMF are not available to WA yet … However I will research to see if there is something similar in WA. I remember reading something like this about Keystart but I think that is only for first home buyers.Thanks for the suggestion!

Rent $350 min, $400 would also be acceptable. In my calculations I have factored in deductions from  depreciation and payments on an interest only loan. House plans are for 3 bedroom, 2 bathroom house, double carport, 269sqm Green title corner block.Development of the beach access including car park and kiosk etc has finally been approved (was p…[Read more]

I have heard of this before, normally with a $1 rent, there is a clause that it is in place for 99years and includes that the tenants are fully responsible for all the upkeep and maintenance of the property. In the case I am aware of, it was for a government building in Perth city and it was severely in need of repair and renovation. It had to be…[Read more]

Hi there, I have done her DVD course in it's entirety and attended the Bootcamp in Sydney July 2008. With this under my belt I landed a job at a Property Development Company in August. Her course and bootcamp is great and I got a great deal out of it. However in regards to the mentoring (or communicating to ccorp in general), I find the t…[Read more]

 It is my understanding that Mark Rolton's seminars educate people how to find sites and option them, then he buys them and develops them. Is that correct?Do the students put these options in their own name or in Marks?I have not done Marks course, but I have a friend in Victoria who has. I am familiar with options and I just found out this…[Read more]

Hi there Sydneyboy, I am looking to do a similar thing in Perth, so I am not looking at being your investor, but did have a few questions to ask you and some suggestions that may help you.Do you already have a DA approved on the site you are planning to develop? Have you done a full feasibility study? The reason I ask is that you should be able to…[Read more]

I'm fairly new to this forum, so I am not sure how helpful my comment is, but I do live in Perth and do have some info that may help from the rental aspect of things.I concur with Tony13 on the amount of apartments that are going up in the City –  However I also have a number of contacts who have been looking for rental properties across East Pe…[Read more]

Thanks for the help! I will let my friend know to contact a lawyer. Seems that is the best way to get it wrapped up. I dont know if there was a will, but I assumed not since nothing has happened. In any case, if their is one the lawyer can tell her what to do if one exists, or if it doesnt right.

Your right, I cant believe I was considering not checking it out! – I'm embarrased that I even admitted it!Although it will be positively geared, I am beginning to think this is probably not the best first investment for a newbie… but on the other hand I have to start somewhere as I am sure if I think about each possible investment enough I wi…[Read more]