Buy  when you  don't  Need  to, low ball, and if you  gain , hold. Builders , typically  look to  unload , not  hold, so probably  this is  the best avenue  but be prepared to  hold.As ALWAYS  seek Professional  financial  advice  from your  financial and tax  experts

Karl and Rita wrote:
Hi guys,Just a quick question, I know the market has slowed down quite a bit now but does anyone else get the feeling that the real estate agents are appraising property at really low prices just to get a quick sale to keep the money coming in or have the prices actually dropped that rapidly?

 Nothing happens to prices…[Read more]

If you really feel agrieved stop messing around and go to your states law institute and lodge a formal and documented complaint.
Make sure your complaint is fully documneted with dates times places names etc .

You fell into the trap of allowing “inexperienced “people give you advice ” before .
Even With the best of intentions, the folk here…[Read more]

Originally posted by Marina:
Just about to buy my 1st investment property. Own my own home mortgage free and am getting mixed advice as to whether I should pay a deposit ($200k)for my investment property or borrow 100% against my existing property. Any suggestions?

Depends on your ablity to service the 100% payments if your income goes pear…[Read more]

I put my money where my mouth was and relocated my Real Estate business to Frankston area…

I have 3 investment properties bordering on Frankston North and am kicking myself that I didnt buy in the Pines when I First looked at the area. I would have increased my property values by 130%. Frankston North is undervalued but it is a ” buy and…[Read more]

Frankston is one of the areas targeted for growth in the next 5 years.Check out http://www.reiv.com.au. I live in Varrum downs and have 3 properties there.
Frankston NTH ( the Pines) will only improve and froma very low entry platform.
Think about it. its 6 mins to the beach . A lot is on a hill with almost 360 degree views around the whole…[Read more]

You need professional advice but in general terms if they are performing to expectation hold them. No one went broke making a profit.
You have to think of tax implications plus buy and sell costs. I think the median price in Ballarat is around $230,000 so you are going to pay CGT on profits plus selling costs say $7000 plus Stamp duty…[Read more]

Get your agent to give the the statutory notice. No one is gonna give you a hand out if you go bad.

You have no legal or moral obligation to give hand outs.

I am A licensed agent and a landlord..I put my properties in the hands of another agent in another company to keep at arms length.

You should also set out the parameters for your…[Read more]

Sorry But the advice you have been given so far may have holes in it.
You need to consult the state laws relating to tenancies.There may be significant variations between states

What you are describing sounds like a commercial lease.
Call your states Real Estate Agents Institute for *free* advice

Originally posted by jaime1au:
Hi, Me and two friends wish to purchase a block of units as an IP. What is the best way to do this?
Should we set up a trust, if so what type?
Should we all put in the same amount equally to make splitting profits and dividing assests later easier?
Thanks in advance for your suggestions

Get INDEPENDANT legal advice…[Read more]