Thanks @benny & @terryw

I appreciate the help

That’s for the reply guys.
Thats exactly what I was thinking @benny & @terryw .
I thought it may be a quicker process for me to gather a couple of properties in my individual names, but will stop me growing anything substantial fairly quickly.

will you be posting the new information on structures and due diligence on the forum here @stevemcknight…[Read more]

@Benny

@Terryw

Guys, sorry but what am I missing here. I did the numbers on excel but I didn’t get to the $40k that you both did.

I got the final number of $891,289.6. Here is my excel calc (link to the shared file in Dropbox)

https://www.dropbox.com/scl/fi/8un7vrpad40nju0g7ue58/Compound-Calc.xlsx?dl=0&rlkey=a4ccywk2x9e9t8xrp0s640oh3

I’m sure…[Read more]

@Benny

Thanks a lot Benny. Funny that I just got off the phone (information session, strategy call, or whatever attractive name they want to call it) with some of these “expert property investor groups”. And they tick all the boxes you mentioned.

Definitely a must read for all new property investor (like me) because sadly these kind of companies…[Read more]

@Benny

Thanks a lot Benny. Funny that I just got off the phone (information session, strategy call, or whatever attractive name they want to call it) with some of these “expert property investor groups”. And they tick all the boxes you mentioned.

Definitely a must read for all new property investor (like me) because sadly these kind of companies…[Read more]

@Benny

Thanks a lot Benny. Funny that I just got off the phone (information session, strategy call, or whatever attractive name they want to call it) with some of these “expert property investor groups”. And they tick all the boxes you mentioned.

Definitely a must read for all new property investor (like me) because sadly these kind of companies…[Read more]

@benny and @CMS – you guys are doing a great job and the information her and the perspective is invaluable.

Thank you all for taking the time and effort to help!! I really appreciate it!

@Benny thanks for your encouragement, this is definitely a lesson that I have learnt, to do my research before buying anything (an expensive lesson indeed!). Currently the 1 bedroom apartment is renting for $360/week. And the townhouse (3 bedrooms) is  renting for…[Read more]

Hi @Benny,

Where to find the “The BIG PICTURE Index” & pages you mentioned in your post ?

The links to the topics are not clickable. ?  let me know If I am missing something.

Thank you guys for your quick reply @benny @terryw

There were many back and forth emails between me and my solicitor just to trying to chase up with the issue.

My solicitor forwarded the bills, overdue notice and the settlement adjustment agreement to vendor’s solicitor and he replied us saying his client is going to pay.

I am not sure how…[Read more]

Thank you guys for your quick reply @benny @terryw

There were many back and forth emails between me and my solicitor just to trying to chase up with the issue.

My solicitor forwarded the bills, overdue notice and the settlement adjustment agreement to vendor’s solicitor and he replied us saying his client is going to pay.

It seems like my…[Read more]

@the-dark-knight, looking at Moree and Wagga.

@Ethantimor My broker is crutching some numbers for me. :)

@benny thanks for the information.

Thanks all for your advice.

I just want to put my strategy out there to building my portfolio. I think i may need to change it. I am currently purchasing positively geared IPs in regional areas (main…[Read more]

@benny Thanks for the response. That advice will help me make a better decision. Another question, are banks still wanting 20% deposit for IP’s? I was in the same situation when i bought my first IP whether to use 10% deposit to buy two properties but the banks had restrictions on only lending if there was 20% deposit? Talking about IPs in…[Read more]

Hi @benny,

sorry yes short on my writing as ive written it so much already.

I haven’t been cold called, I approached them as I have dealt with them before with an investment that fell through due to a marriage breakup.
I told them what I want to spend, they will take me on as they know I have it and are showing me what they have in house and…[Read more]

Hi @benny,

its quite Similar I have notice it has fluctuated up and down 30 grand between a lot of property’s. I feel the difference is complete turn key as well, the one im looking at has everything included and all finishes on the inside. I don’t have to add extra such as clothes line, garden, paths etc. so there’s a 30grand difference and…[Read more]

Yes.

Cheers

Jamie

If it’s a yes, how should we arrange 2nd mortgage.

You would need to talk to an investment savvy mortgage broker to map out a suitable finance structure. If done wrong it could cause some pain.

As @benny has already mentioned you would want to do your research (or pay a professional to do it) so you understand the current dynamics and how t…[Read more]

If it’s a yes, how should we arrange 2nd mortgage.

You would need to talk to an investment savvy mortgage broker to map out a suitable finance structure. If done wrong it could cause some pain.

As @benny has already mentioned you would want to do your research (or pay a professional to do it) so you understand the current dynamics and how t…

[Read more]

@Benny, @Jamie, Are you investors?

I was when I was using Nick – now semi-retired, but still interested in property…. You never know what might suddenly pop up. ;)

Benny

cheers guys.
@Benny, @Jamie, Are you investors?