Bec i suggest u do your research as I know people investing near mount gambier and finding many +ve properties. I also find them from time to time on the net. I cant help wonder why your not finding any being an agent in the area.

Regards Bear

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Brenda I am interested in your story, where can i read it? API?

Regards Bear

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Ah ok, was thinking along similar lines to what yack said. But still waiting for the secret str8 froom the horses mouth…….LOL

Regards Bear

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Oh ok, SIS spill the beans what is the Domino Effect you are talking about [medieval][thumbsup2]

I promise I want tell anyone![whistle]

Regards Bear

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Originally posted by yack:
Bear Said.

<<<<<<<But I also believe that +ve properties is the only way some people can actually break into the RE game/market.>>>>>>>>>>>>

I acknowledge that. However I have made the assumption – that to invest in property you need to have an income to support borrowing. You are then better off in the long run to…[Read more]

Damn this looks great, I have a seminar here in Adelaide to attend otherwise I would do my best to attend.

Regards Bear

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Originally posted by Michelle_G:
Hi,
I’m new to property investing and still learning, so please excuse my question if it is too basic – What is an IRR?

Also, there seems to be an argument going here that it is better to invest in -ve CF properties because they have greater growth than +ve CF properties.
In my simplistic view: If you pay, for…[Read more]

Hey SIS, how ya going?

Since Kay bought up a Bear market, I thought I would put in a Bears word……….LOL

I actually totally agree with what u say SIS, But I also believe that +ve properties is the only way some people can actually break into the RE game/market. As they grow they can then modify their strategies, but for instance why even…[Read more]

I have not had any luck searching on the web, but find many by getting out there building a network and doing the old fashioned footwork.

Regards Bear

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I think this topic is going now where fast therefore I have just decided to lock it.

Regards Bear

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My understanding is that one only has to pay stamp duty on the deposit payed and again on the flip by the new purchaser. Pay $100 deposit is a way around it with limited stamp duty. Of course my understanding could be wrong or outdated.

Regards Bear

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Pisces says

“Coming back to support for the oppressed, my idea would have been to merely supply weapons (and training if neccessary) to the suppressed and/or just bomb the smithereens out of the Saddam mob rather than necessarily risk US and Allies’s lives on the ground.”

Mate I don’t know if u know this, but the great US of A not only s…[Read more]

Well done Dan and thanks for sharing your story.

Welcome to the forum [thumbsup2]

Regards Bear

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Hi MOB , it does differ from state to state, for instance here in SA u have to pay stamp duty on the deposit then the buyer pays stamp duty on the overall cost.

In Tassie they u have to pay stamp duty in full within 3 months or penalties occur, then again on the flip it must be payed in full.

Regards Bear

POSITVE CASHFLOW properties and…[Read more]

I was married to a Reg nurse for about 15 years whom worked every where within the hospital and ended up running one. So thru that I have made many friends in the medical field from orderlies to professors and the stories I have heard still make me cringe.

Yes its more then likely the minority however, what u think u get is not always what u…[Read more]

My goal is for every 100 houses I have, I want to provide one house for $1pw rent to a family in need. Not sure if this is achievable, but its a goal.

Regards Bear

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Pisces, I think the prize is a lifetime of loneliness if what Chan says is true to find out if u r a psychopath……….LOL

Regards Bear

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In other words offer more and charge more.

About 7 years ago, there was a big Harley tours price war on, and guess what I did, I went and put my prices up. While every one was running around trying to get business and running either at a loss or breaking even, I put my prices up. And guess what happened. I got more work and a change of clientele.…[Read more]

Maybe find out what is in demand in the area, and spend a small amount of money setting it up to suit a particular client, may reduce the amount of people that may be interested, but may increase the chances of that one person that is humming and haring about leasing it. I hope that made sense?

Regards Bear

POSITVE CASHFLOW properties and Joint…[Read more]

U got the ball rolling already, keep learning from books and the forum, maybe even attend Steve’s seminar in April, then build up the confidence and build up a network and then start buying.

Jumping in both feet 1st right at the start can be dangerous.

Regards Bear

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