Total Members: 159,186

bricman

  • bricman replied to the topic Buying property without building inspection in the forum Help Needed! 4 years, 6 months ago

    Hey

    Had a similar experience recently where i couldn’t find out from the owners or agent if the property had illegal building works (i.e garage conversion to living space) ended up getting the owners written consent and launched a GIPPA application to council (generic GIPA Access Application Form to request information) and they called me, e…[Read more]

  • bricman replied to the topic Structuring in the forum Help Needed! 5 years, 1 month ago

    Cool, thanks Terry
    I will reach out to you when the time comes

    Cheers
    Ian

  • bricman started the topic Structuring in the forum Help Needed! 5 years, 1 month ago

    Hi guys

    This is such a weird time, the markets are crazy. It’s like there’s something in the air, you can kinda sense it, but all the market indicators are strong (if you believe the news!!)

    Looking to invest in property fairly soon and am looking at either Positive cashflow or buy / reno / sell, wandering how you go about structuring yourself…[Read more]

  • bricman replied to the topic Obtaining loan whilst contract working in the forum Finance 6 years, 11 months ago

    Thanks for the advice Corey

    I am the middle option (fixed hourly rate with no guaranteed hours, paid to a TFN as an employee NOT an ABN).

    I am basically a freelancer. Can your company help me out in this situation, if so what do i need to provide as a starting point.

    Best regards
    Ian

  • bricman started the topic Obtaining loan whilst contract working in the forum Finance 6 years, 11 months ago

    Hi everyone

    Currently have a loan with St George bank for $375k on a 2 bed unit in Carlton-NSW and LOC for $73k.
    I want to either upgrade to a house or sell up and invest elsewhere. Currently I am working on a contract/freelance basis and paid by a recruitment agency (Hays). When i approach the bank they want to see PAYG payslips from the…[Read more]

  • bricman replied to the topic Investing with $100k in the forum Help Needed! 6 years, 12 months ago

    Like it, thanks Terry

  • bricman started the topic Investing with $100k in the forum Help Needed! 6 years, 12 months ago

    Hi

    Currently find myself in the situation where i have access to $100k in credit and cash, but am unable to obtain a new loan due to me working as a contractor/freelancer (get paid weekly PAYG by Hays recruitment).

    Have thought about buying a cheapie house in the country, maybe some land in a rising area, sub leasing, buy off the plan (not the…[Read more]

  • bricman replied to the topic Feedback on Property Secrets with Paul Giezekamp in the forum Value Adding 11 years, 1 month ago

    It seems that other bodies are starting to get interested in this case…[Read more]

  • bricman replied to the topic Feedback on Property Secrets with Paul Giezekamp in the forum The Secrets out, shameless 11 years, 1 month ago

    The Secrets out, shameless operator with absolutely no respect for hard working people who have given away their hard earned cash so that someone can tell them a bunch of
    investing stories, whereby they blame the banks, brokers, builders, council, certifier, anyone but themselves.

    Just to be clear when i say they, I mean  HIM, most of his staff…[Read more]

  • bricman replied to the topic Who lives at No. 7 Risson Street Melton? in the forum Help Needed! 11 years, 3 months ago

    Scott

    I like it, good call.

  • bricman replied to the topic Non Paying Tenants in the forum Help Needed! 11 years, 4 months ago

    Hi posters

    Just an update to my tenant problem. Called an agent that I know and respect last week and got the ball rolling on getting a PM in place
    for my IP.

    EVERYONE gave me the same advice and have finally taken the appropriate steps, should get the paper work through by next week. Detaching myself from
    the situation as best i can! never…[Read more]

  • bricman replied to the topic Non Paying Tenants in the forum Help Needed! 11 years, 4 months ago

    Hi all

    Appreciate the responses. Have been thinking of a PM for a while now, as usual there is always something getting in the way (me).
    I just found out they have been very sick and have been unable to work (so I've been told). Previously they paid in 4 week blocks to get back to square, but all to in-frequent and late.

    Don't have LL insurance…[Read more]

  • bricman replied to the topic Melton, Brookfield is it a good long term area in Melbourne? in the forum Help Needed! 11 years, 8 months ago

    Bought an IP in Melton South in 2008 for $200k, now worth $260 so say by the REA. The people who made money were the ones who bought at around $160k and sold quickly for around $220k a couple of years later. Agree it is not a worthwhile investment, will be selling  early next year when my loan gets off fixed rate (another mistake i made).
    Will…[Read more]

  • bricman replied to the topic Feedback on Property Secrets with Paul Giezekamp in the forum Value Adding 11 years, 8 months ago

    Karkloof, sounds like you didn't get the finance they were offering!

    As people will see i posted back in 2012 about this company. I had a terrible time dealing with them, well just the director really. Have heard that the media is getting interested in this companies activities again, and so they should. Like karkloof i know of agents and even…[Read more]

  • bricman replied to the topic Your Creative Investments (2012) in the forum Creative Investing 12 years, 5 months ago

    Hi BenWe bought it on Trading Post, cabin was in Newcastle, we are in Sydney so not too far to go.If you need more information on this PM me and i can give you more cost breakdowns etc,Golden rules for this type of projectCabin/GF 3.4m wide max, will go onto a flat bed with no police escort required.Side access at property  4.5m min, for the…[Read more]

  • bricman replied to the topic Your Creative Investments (2012) in the forum Creative Investing 12 years, 5 months ago

    HiMy creative project was at the end of last year and well not so creative as some suggestions on this forum, it was to me.We bought a relocatable cabin for $16k along with all the costs involved to install on my IP site (TOTAL $36k) and we rent it out currently for $200 p/w along with the main house. A dual occupation project.The creative part…[Read more]

  • bricman replied to the topic Seminar – Mark Rolton in the forum Creative Investing 12 years, 6 months ago

    Not sure if I have ever seen so many comments for a subject in such a short space of time. If this so called guru or proclaimed investor is not what he makes out to be then he deserve a blast from everyone on the forum, more to the point we should name and shame all these spruikers (not saying this guy def is) and create a comprehensive list of…[Read more]

  • bricman replied to the topic Contact for transportables? in the forum Help Needed! 12 years, 7 months ago

    Hi  thereDepends on where you are in AustraliaFor quality and price  there is Hi tech homes in Sydney – http://www.extechconstructions.com.auThere are a host of different options available, there seems to  be a glut of cheap modular cabins being made in QLD and VIC,Illawara region there is http://www.isfhomes.com.auIn Vic there is ht…[Read more]

  • bricman replied to the topic Feedback on Property Secrets with Paul Giezekamp in the forum Value Adding 12 years, 7 months ago

    Hi everyone involved in the Property Secrets thread.I regret to say that i too fell for there scheme (for want of better name!) ended up going to fair trading and a host of other agenciesfor help about a loan that was not forthcoming.They basically promised me to get finance loan for the GF and then two months later (still waiting) when i got very…[Read more]

  • bricman replied to the topic UK vs. Australian Property Prices in the forum Overseas Deals 12 years, 7 months ago

    Hi DarenYeah Clifton is the double bay of Bristol, without the water and glam!Leigh woods would be expensive too, my Auntie lives in Bishopston which is a very nice and established area,Westbury-on-trym, Henleaze, Henbury, all those areas areas are very nice.Southmead has lots of council estates as does Lawrenece Weston to be avoided.I come from…[Read more]

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