G’day Chris…

The $22,000 accessable equity is obviously based on todays prices. You may find that the equity you have in the property will reduce somewhat over the next year or two as prices level out if not fall.

Assuming that an Investment property was to be financed at 80% and you only have $22,000 available as 20% deposit and costs, it…[Read more]

G’day Enduser…

In my opinion it’s beeen over for some time.
Just the last bit of steam until a likely .5% interest rate rise in December. Even those that don’t want to accept it will come to realise that the Markert has had its day and falls of 10-25% in some areas will happen. So that’s the end of a six year Bull Run.

Certainly, Property is a…[Read more]

G’day…

I’m in trouble, Big Time!

My wife Bev, wants to know who Sweetie is?

So, I told her who Sweetie was and she said “oh, that’s okay, but do you have to call her Sweetie”?
Having explained that “Sweetie” is just the screen name, she reluctantly accepted my explanation.

Then along comes “Princess”…and now I’m copping it all over…[Read more]

G’day…

Be aware that Real estate Agents do not give a Valuation. They are supposed to give you a “Market Appraisal”. The difference between an MA and a sale price is generally 90% to 94% of the MA is achieved in a Sale.

Agents tend to tell the Vendor what he/she wants to hear to get the listing. So take most (not all) MA’s with a grain of…[Read more]

G’day….

Those shows will be off the air within 6 months…unless they don’t even return at all after Xmas…..and I’ll take bets.
The reason…because they will be aware that people are hurting and the Reality they love to portray will be different to the reality of the past few years and still of today.

Hot Auctions will be the first to go…[Read more]

G’day to all that are interested..

I will be emailing Adverts to others Monday… at a civilised hour. But have decided to add Part 3 as it spells out the “reasons why they work”.
It is “pure psychology” It is a process…every word, everything is done/said for a reason. That’s what I meant when I said.. if you leave anything out it just won’t…[Read more]

G’day…

I have several well laid out Press Adverts that Knocked the socks off both Buyrs and sellers alike

The forum site wll not do them justice so please add an email address now and I’ll send straight away.

I cannot do it any other ay as I cannot receive emails, but can send…Iprimus for the past 75 hours is having problems..Uggh

You can…[Read more]

G’day….

Real Estate Agents recommend Auctions for a couple of reasons and you should avoid them like the plague as a buyer or a seller.

(1) This method allows them to avoid giving the Vendors a Selling Price when listing the Property
They do this because of the fierce competition from other Agents in listing properties. Owners can invite it…[Read more]

G’day muppet…

What in hell are you on about?

Bill

Bill O’Mara
Real Estate,Mortgages,Share Market Strategies.
billomara@iprimus.com.au

G’day Westan…

I always calculate net yield…. thanks, as I shouldn’t assume everyone else does too.

Cheers

Bill

Bill O’Mara
Real Estate,Mortgages,Share Market Strategies.
billomara@iprimus.com.au

G’day Richmond…

Couldn’t agree with you more.

Make a killing in the Real Estate Market over Six years and go and blow it on an Imported Car or two.
Crazy…some folk wouldn’t think of investing their equity or diversifying into something worthwhile like the Share Market, option strategy. Time they educated themself.

Cheers

Bill

Bill…[Read more]

G’day fullout…

The yields the same because it is calculated on the Purchase price of the property. So won’t matter what you do, the yield will be what it is.

To me the IRR would be my return on my own cash in the deal…cash on cash return I think Steve calls it… the best indicator… after the true yield that you keep getting.

Hope that…[Read more]

G’day all…

Listening to 2ch online this arvo… not sure who he was… but some guy giving an update on economic trends had this to say… and quoting as I recall to the best of my ability..

” As the Real Estate Market declines people are using the equity in their homes to purchase Luxury Imported Vehicles, with Luxury Car Imports up by 17.6%…[Read more]

G’day…

With a PO Box No at Broadbeach…I don’t like your chances. I’d be going back to the Agents in Vic. unless they are gone too.

Doesn’t sound like a good investment does it?

Bill

Bill O’Mara
Real Estate,Mortgages,Share Market Strategies.
billomara@iprimus.com.au

G’day Alf…

A sign on a removalist truck from the Snowy…

….. “The Van from Snowy River” …….

Cheers

Bill

Bill O’Mara
Real Estate,Mortgages,Share Market Strategies.
billomara@iprimus.com.au

G’day….

I absolutely have no time for Real Estate Franhises/Systems. The buyer of the franchise seems to think they need their hand held and are gutless wonders. Jenman flogs off his “system” and takes a % of T/O from those that are too lacking in self confidense to go it alone. Imagine doing biz with an agent that is not confidident enough to…[Read more]

G’day…

Got another one…

Attributed to William Edward Deming (1900/93)

This guy was sent to Japan after WW2 to assist in their restructure…he was a Yank…He was responsible for their “attention to detail” in the auto industry…

” If you can’t describe what you are doing as a process, you don’t know what you’re doing”

Bill O’Mara
Real…[Read more]

G’day C2…

As I’ll be away for 3 days.why not post your PFA?

Cheers

Bill

Bill O’Mara
Real Estate,Mortgages,Share Market Strategies.
billomara@iprimus.com.au

G’day…

Got a couple…

(1) Sometimes I sits and thinks
….Other times I just sits!

………………….By I dunno who

(2) I hear and I forget
….I see and I remember
….I do and I understand

…………………..Confucious

Bill

Bill O’Mara
Real Estate,Mortgages,Share Market Strategies.
billomara@iprimus.com.au

G’day Kim…

Steve has “Buyer Beware” templates in the index…checkin at Resources…maybe what you need

Have a look and ask other Forum members for their input.

Cheers

Bill

Bill O’Mara
Real Estate,Mortgages,Share Market Strategies.
billomara@iprimus.com.au