Hi Julian

How about u tell us about some of your experinces looking for +ve propeties? How many u have found? Have you purchased any of them? If not why not? If so tell us about them?

Regards Bear

Thanks very much Erika! IT is greatly appricated

Regards Bear

Hi Leigh, thanks for your reply

Yeah I would prefer a joint venture, but I feel a bit guilty asking some one else to fund a deal. Yeah I know I should step beyond my comfort zone, but the way I see it, I wouldn’t want to fund something and split my profits 50/50 with some one else. However if some one was interested in doing so and approached m…[Read more]

Hi Kevinsbacon

My advice would be to get out there and show your face. Ringing agents and emailing them in my opinion is a waste of time as a newbie (well it was for me) but showing my face and showing I was keen really worked. Agents get hundreds of emails and phone calls from potential investors every day. A investor in the office mite just get…[Read more]

Hi Vivarto

You would have to ask Summo as he is the co-ordinator/chairperson for the group.

Regards Bear

Meetings are held the second Tuesday of every month.

Regards Bear

I have a third property just come accross my desk.

Recently renovated Weatherboard & Fibro home set on 2 blocks (2 titles). $49,000

Possible rent 100-120pw

Regards Bear

Please email at bear1964@bigfoot.com.au or ring me on 0407 607 890

Hi Bruce

As mentioned in the email i sent to u the 50k house is been rented currently at 100pw on a 3 year lease i beleive. The other is not curretnly on a lease but i am told will get b/w 90-100pw

Regards Bear

Hi Steve.

Thanks for your help and support its greatly appreciated![]

Regards Bear

quote:
West Coast of Tassie? []

Yes Tasmania

IS there not a builder in the area u can use? I have recently bought a property where there are no building inspectors, however there is a builder in the area that does inspections, but is not qualified to do bank reports, and at the same time as the inspection he gives a quote on the work to be done. I would check if there isn’t a local in your a…[Read more]

Hi Samelma

It is hard, but when u find your 1st one they will keep coming as im finding out.

I am new to all this and just started finding them myself in the last few weeks. I can suggest you pound the footpath to find them, or try many other methods that suit you. Another option is to pay a commission to others for finding them. Good luck which…[Read more]

Friday morning the 6th of Dec.and another about a week ago. Both dissapeared and it was suggested by Richmond i think it was after the 1st going missing to check with the office if it was ok to pass other properties on thru the forum.

Regards Bear

PS Maybe the forum software dont like my name…LOL[]

Thanks again Terry and Lazyboy, i think i get the picture and i like it []. I just have to work out the best way to keep the LOC on the PPOR seperate from the other loans. I know i will save interest if i put all my money in there, but then doesnt it becoming an accounting nightmare as mentioned above?

Regards Bear

Thanks Lazyboy and Terry

I was planing on using my LOC for the deposits and then take out loans for the remaining. However I think what you are doing is much better, that way when purchased under value we can get a loan on the value of the property rather then the purchase price. IS this the reason you do this? How do you add value?

I like your…[Read more]

Some banks will best to talk to some mortgage brokers.

I would suggest as long as you put on the contract subject to finance it wouldn’t matter if u can’t get the loan. But I believe if you really want it you would be able to find the finance.

Regards Bear

Greetings Mini

Any chance of sending the email my way? Would like to check it out atleast.

bear1964@bigfoot.com.au

Regards Bear

Welcome to the forum itsamooray

Interest Free loans for real estate? Never heard of it, please tell me more?

Regards Bear

Hi Julian

I wouldnt bother trying to ring or email the agents. I would just go around and see them. I found this much more helpful.

As Steve Mc said in his melb seminar. one agent said to him “one investor in his office is worth much more then 200 emails”.

I have freinds that are agents and they just ignore investors calls and emails in the…[Read more]

Well done Mini []

Keep it up!

Regards Bear