Hi obediah,Welcome to the website….. I only gave my opinion based on the feeling I had after my interaction with them. If you feel confident go for it and let me know how things turned out. All the best,Happy days,Beck
Hi Michael,Your message was sent to my junk mail sorry I have replied with my number f you did not get it let me know and I'll try again.Happy daysBeck
Hi every one,Thanks for the great response. I have had lots of contact via email and phone and would love to share the process with all who are interested.please feel free to ask anything and everythingHappy dyas,Beck
Hi Michael, Thanks for the swift response, The option is for 1 year but the owner want this Settled before the end of the financial year i.e end of June 2009. Also worth mentioning that I have allowed them to market the property privately and if they secure a buyer they can sell with out my involvement. Never the less they are not marketing t…[Read more]
HI EveSydney!Welcome to the site. I can help! If you like me to help with suggestions and maybe walking you through the process jut shoot me an email with you number and / or email and we can talk.Happy days,Beck
HI PAB,I don't get why people use buyers agents unless you make lots and lots of money and have very little time I think you can affored to invest some time in doing some home work for your future. Why are you looking at that web site?Happy days,Beck
Hi Kancab,It is essetially vewry simple; you rent a property (let say for $150per week) form person A (the owner) with the option to buy it for an agreed price (say $200,000) and then you sublet the same property (for $200p.w) to person B (the purchaser) with an option to buy it at an agreed price (say $250,000).Hope that helps If you would like…[Read more]
Hi Furnz, Well that is not a simple as just giving you an answer to one or the other. It will depend….. (of course it will). If you move into the one of the properties I am sure you know you will lose you tax benefits, this in not a good enough reason to invest in the first place but as you are already in this situation you need to decide what…[Read more]
Hi Loveinvesting,My pleusre. As for what you can do… don't get yourself into the situation in the first palce. DO your own reseach by calling local real estate agent looking up rental in the area. I feel buyers agents are for people who have a high income and don't have the time or desire to look or do there own work. From your name I think you…[Read more]
Hi Loveinvesting, welcom to the site.I have talked to Spiro the director of Cash flow Capital but did not find enough value in my opinion for what they are proposing. If I recall correclty they charge something like $500 up front and they credit it against their commision which is 2%of the buying price. After looking at what htye have in stick a…[Read more]
I don’t have a vast portfolio of properties (2 in total) and i have done several wealth creation seminars. I find the seminars great if you have the money to spend but the cheapest way I have found to educate myself is to read book, lot of books, did I mention lots of books. Oh and also join forums like this…… there is a saying…[Read more]
I think the best way to solve it is to just give them a call. they are people just like you and me and probably can give you the best solution… also I recomened communicationg in writting.
I have talk to Spiro and to a few other sales type people. They are buying agents, located in sydney and they charge 2% of purchas price. that is on top of….
also they changed recently and now charge you or ask for $500.00 up front…
Spiroseems to be a nice guy. I myslef prefer to do my own due dilegince…. that way you learn while you…[Read more]
I would go for IO as well as 100% offset ALSO from my understanding (if some one can confirm that would be great…..) if you want to bite into the loan another way of doing it is paying intrest onley on a weekly basis vs. monthly as the iontrest is calculated daily…. you know the rest.