Originally posted by babu88:
I meant to post this weeks ago, Myer in Sydney City has 0 to 130 properties book for $20 (rrp $30). I bought one yesterday as a birthday gift for my girlfriend’s 20 years old daughter who shows some interested in learning about investment. She is reading heaps of books from library at the moment – I told her to do…[Read more]

Hi spider2,

You might get more people replying if you posted in Guru Watch, General Property, or even Opinionated…?

Brent Hodgson
PropertyInvesting.com
Admin Manager

I’m going on a property buying tour! Want to receive the e-mail diary of my trip, hear about some of the great Positive Cashflow deals I find, and perhaps discover some great…[Read more]

Originally posted by Prop16:
Does anybody know why the website doesn’t open when I click on a link? Is something wrong with my security settings?
Thanks for your response!

Hi Prop16

I know it’s a stupid question, but if PropertyInvesting.com isn’t opening…. how did you post your message? [blink]

(maybe I’m just slow at this hour of the…[Read more]

Originally posted by Prop16:
Does anybody know why the website doesn’t open when I click on a link? Is something wrong with my security settings?
Thanks for your response!

Hi Prop16

I know it’s a stupid question, but if PropertyInvesting.com isn’t opening…. how did you post your message? [blink]

(maybe I’m just slow at this hour of the…[Read more]

Hi Marty,

Open up a copy of the Age, Sydney Morning Herald, Courier Mail, or whatever your local broadsheet is on a Saturday and look in the classifieds for people advertising under the heading “Money”. There are people there who will lend money to investors for second mortgages, or as unsecured finance.

The interest can be expensive, but it’s…[Read more]

Hi Marty,

Open up a copy of the Age, Sydney Morning Herald, Courier Mail, or whatever your local broadsheet is on a Saturday and look in the classifieds for people advertising under the heading “Money”. There are people there who will lend money to investors for second mortgages, or as unsecured finance.

The interest can be expensive, but it’s…[Read more]

The 11 second solution is a quick filtering tool which helps find properties which are likely to be positive cashflow. (ie – rental properties with high rental yields).

It’s not really relevant for wraps (rather, rentals), and isn’t the be-all-and-end-all of investing. (be careful about this because I suspect that some agents are using the 11…[Read more]

The 11 second solution is a quick filtering tool which helps find properties which are likely to be positive cashflow. (ie – rental properties with high rental yields).

It’s not really relevant for wraps (rather, rentals), and isn’t the be-all-and-end-all of investing. (be careful about this because I suspect that some agents are using the 11…[Read more]

Hi KFJ,

Coz’ I’ve always got my ear to the ground [suave2] (really, because I work at PI.com), I’ve heard about some financiers coming up with finance products designed for wrappers.

These products have gone through their trial run, and are now on the market permanantly.

I don’t know how good they are, having never used them, but perhaps one of…[Read more]

Hi KFJ,

Coz’ I’ve always got my ear to the ground [suave2] (really, because I work at PI.com), I’ve heard about some financiers coming up with finance products designed for wrappers.

These products have gone through their trial run, and are now on the market permanantly.

I don’t know how good they are, having never used them, but perhaps one of…[Read more]

Hi Rakky,

It’s always best to stay on the ‘friendly’ side of the law. If the ship hits the fan, you want to be able to show people you did the right thing.

Go get some legal advice on this in your state. Your rights, obligations and how you should act under ‘best practice’ changes from state-to-state.

Brent Hodgson
PropertyInvesting.com
Admin…[Read more]

Hi Rakky,

It’s always best to stay on the ‘friendly’ side of the law. If the ship hits the fan, you want to be able to show people you did the right thing.

Go get some legal advice on this in your state. Your rights, obligations and how you should act under ‘best practice’ changes from state-to-state.

Brent Hodgson
PropertyInvesting.com
Admin…[Read more]

Hi Inna,

When you said “Wrap my parents”, I had visions of someone selling their parents on an installment contract![laughing]

Perhaps there’s a win-win outcome where your parents live in the property (perhaps pay rent?, perhaps a lease-option), and allow you to use the equity in the unit to invest in other deals. No stamp duty etc..[eh]

It’s…[Read more]

Hi Inna,

When you said “Wrap my parents”, I had visions of someone selling their parents on an installment contract![laughing]

Perhaps there’s a win-win outcome where your parents live in the property (perhaps pay rent?, perhaps a lease-option), and allow you to use the equity in the unit to invest in other deals. No stamp duty etc..[eh]

It’s…[Read more]

Hi Inna,

When you said “Wrap my parents”, I had visions of someone selling their parents on an installment contract![laughing]

Perhaps there’s a win-win outcome where your parents live in the property (perhaps pay rent?, perhaps a lease-option), and allow you to use the equity in the unit to invest in other deals. No stamp duty etc..[eh]

It’s…[Read more]

Accountants are always the best people to speak to for tax advice, but you may get a better response on the forums if you use the Legal and Accounting forum.

Brent Hodgson
PropertyInvesting.com
Admin Manager

I’m going on a property buying tour! Want to receive the e-mail diary of my trip, hear about some of the great Positive Cashflow deals I…[Read more]

Originally posted by RussH:
If it is a commercial property you are required to put up 20% deposit and I guess for res. it depends on your circumstances and what the bank will lend..If you use 20% deposit then you dont need mortgage ins.Brokers will tell more.

So many +CF properties in Western Australia.Let me help you. And we can achieve a win…[Read more]

Originally posted by richmond:
why don’t you guys send russ a PM and get in touch that way?

Ahh, Richmond – always such a lateral thinker [biggrin]

Can you upload pictures? The short answer is no. The forums CAN allow people to add pictures to their posts, but we’ve turned the functionality off.

There are a few reasons;

1- If it’s on, it…[Read more]

Yep – flexibility is a big factor. But what about protecting your empire?

If you were a banker, would you want your clients to cross-collateralise / cross-securitise?

Sure you would!

Cross collateralisation is awesome for the bank’s risk in the deal – if one property deal falls over, the bank has every other property which they can come after.…[Read more]

Does anyone know when the Melbourne property expo’s are on this year?

Brent Hodgson
PropertyInvesting.com
Admin Manager

I’m going on a property buying tour! Want to receive the e-mail diary of my trip, hear about some of the great Positive Cashflow deals I find, and perhaps discover some great opportunities for yourself? e-mail or PM me!