Hi HQ

Thanks for your reply.

Yeah I am aware of the rent to buy and lease options and have been to Rick Ottens Seminar on the subject and yes I am still investigating it further.

Thanks HQ

Regards Bear

Hi NM

If you borrow the full amount then you have larger repayments hence the need to charge higher rent for it to be positive cash flow. One…[Read more]

Thanks Wilandel

It was great reading, I have saved it to be read as an affirmation!

Regards Bear

Greetings all

A time and a place for everything! This being the soap box and my team winning the South Australian National Football League grand final today and im half plastered, I wouldnt usually say this , but since its the Soap box now I just thought I would add this post to get a flame next to it !!!!!!!!!!!…………..LOL

Reagrds Bear

Pinky

I think you have alot to offer this world. You are a leader in your own right!

You are an amazing person with alot to offer this forum , however it would be sad to see you leave but if thats what you are meant to do , then so be it , and im sure that will lead you to somewhere else where you can be a leader in your own right! Maybe even…[Read more]

Hi Arty

Thanks for your reply and your opinion.

May I ask you this question?

Lets assume you like fishing, and you were fishing with a group of fishing buddies in a area put aside for fishing only and you were catching beyond your bag limits achieving your goals and having a great time. A group of people being themselves come along and start…[Read more]

Hey Insider

Thanks for the explanation!

However i am none the wiser , keeping in mind this is a toatlly new world for me .LOL

I would love to learn more about what your speak of tho either on the forum or personally.

I can be contacted at bear1964@bigfoot.com.au

Thanks again

Regards Bear

Hi insider,

I dont understand what you mean by “Buy discounted paper”

Could u please explain this term for me?

Regards Bear
bear1964@bigfoot.com.au

quote:
The only way to make good money in 2nd mortgages is to buy & sell discounted paper. You can make quite a healthy living out of it. Buy discounted paper eliminates a lot of the risk…

[Read more]

Thanks QLD’s007

Good advise u give, but I am in South Australia and wraps here are illegal. I’m thinking about investing interstate but to get a feel for it 1st mite be best staying local, don’t u think?

I’m just trying to come up with a way to get deposits instead of 100% of the value on the investment property being charged interest with equit…[Read more]

yes i noticed the same thing bribie , but i didnt have the cash just yet anyway. Im still not clear if we have to pay upfront or not.

Regards Bear

Hi Wilendal

I am having trouble finding the thread on the search could u possibly be more specific of the name or the person that started it?

If not thats ok, I’ll just keep looking even if i have to search each page individually.LOL

Regards Bear

Thanks for the tip Wilandel

[]

Regards Bear

Hi Falcon

I believe that if you set your rates then if u pay it off faster or need to refinance due to buying more properties, or equity, whatever the reason may be you may find fees and penalties applying.

I hope this helps, maybe one of the mortgage brokers on the forum can help you a bit more.

Regards Bear

Hi My65roses

Thank you for your input.

I have considered this option however wrapping is illegal in South Australia at this point of time.

Regards

Bear

Hi Casey

Can I suggest if you still wana do the student share accommodation that you contact the TAFE at the Parafield airport (near Salisbury) for possible tenants. My information is that they are continuously looking for accommodation for students of the flying school. My understanding is most are from overseas and come from wealthy families…[Read more]

HEAR HEAR Steve

Feel the Fear and do it anyway!

Regards Bear

Hi Wannabe

U lost me mate I cant recall posting a message to that effect? What page is it on?

Regards Bear

Hi Erika

I hear ya!

I am a sole parent of 4 kids and one stepson. A carer for a very dear friend, and finding it hard to juggle, but I know it will be easy once I get into the swing of things.

I was once self employed, studying at uni, sole parent of 4 kids and a part time job. And believe it or not it was easy once the ball is rolling, the…[Read more]

Hi nofear

I am not an accountant, but to the best of my knowledge it is just the interest on both the deposit and the loan you can claim tax on.

Please check with an accountant tho!

Regards Bear

Thanks Ray

Well done!

I’ll be there with bells on.

Regards
Bear

Johnny

General consensus is that we meet somewhere central i.e. Adelaide in a coffee lounge, quiet bar, scout or similar hall, conference room or at someone’s house. My preference would be a Tuesday Night the first being 21st October 2003. This would give everyone a chance to slot it into their itinerary. Please, does any one know of a suitable…[Read more]