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  • Profile photo of chericheri
    Participant
    @cheri
    Join Date: 2002
    Post Count: 23
    October 27, 2003 - 11:58 am

    Hi F & B,
    I would love to have a copy of your spreadsheet. well done for sharing, i’ll give feedback as soon as possible.
    email address: [email protected]
    regards
    rie[:D]

    Profile photo of chericheri
    Participant
    @cheri
    Join Date: 2002
    Post Count: 23
    October 25, 2003 - 4:10 am

    hi sophsi
    congrats on finding a +cashflow property. due diligence takes the form of among other things, organising a building inspection, getting a pest inspection, talking to local real estate agents (not the one the property is listed with) to see if the property is priced fairly and to find out if you will be able to secure a tenant easily. it is also helpful to talk to locals, eg the post master or the lady at the local shop.( assuming it a smallish town)
    i would also be doing a thorough walk thru the property, room by room taking notes. it is also handy to carry a digital camera, as often you forget what things “really” look like.
    i am sure there are other things to be a undertaken before purchase, but there’s a few to get you started.[:)]
    rie

    Profile photo of chericheri
    Participant
    @cheri
    Join Date: 2002
    Post Count: 23
    October 8, 2003 - 3:47 am

    hi judith,
    if you are searching for a broker i would highly recommend stuart from prosolution. stuart runs a very professional business and has been extremely helpful to us.
    stuart is a regular poster here on the forum is aware of some of the issues we as investors face.
    although he is based in melbourne, i would not let that stop you from contacting him. phone, fax and email get around the issue of distance nowdays[:D] business number for stuart 03 99097100
    rie

    Profile photo of chericheri
    Participant
    @cheri
    Join Date: 2002
    Post Count: 23
    September 16, 2003 - 9:27 pm

    hi mick,
    we have also spent a one on one day with stuart and found it to be most enlightening as well as profitable.
    we know him on personal as well as profesional level and find him to be highly motivated and does achieve all he says on his site plus more.
    i would encourage you to join, for your $89 you gain access to another source of informnation and a different persepective on things, and as we kn all know here “knowledge is power”.
    regards
    rie

    Profile photo of chericheri
    Participant
    @cheri
    Join Date: 2002
    Post Count: 23
    September 5, 2003 - 7:04 am

    hi everyone,
    i am 34 years old and along with my husband, bought our PPOR 6 years ago. we have since purchased 2 ip’s and we are actively searching for another two by the end of the year.
    it’s great to see so many contributing to this thread.
    rie

    Profile photo of chericheri
    Participant
    @cheri
    Join Date: 2002
    Post Count: 23
    August 14, 2003 - 6:27 am

    hi qsilver,
    welcome to the forum. you have come to the right place if you want to learn more about cash + property. there are many wonderful people on this forum whom you can learn from.

    my suggestion to you re finding property in victoria, is to go to http://www.realestate.com.au and put in victoria. then narrow down your search area to the towns you are interested in.
    also check out sooshies “useful links” thread, there is an enormous amount of information in that one thread.

    hope this helps a little.
    welcome again to the forum and i’m sure it won’t be long and you will be like the rest of us addicted[:D]
    all the best
    rie

    Profile photo of chericheri
    Participant
    @cheri
    Join Date: 2002
    Post Count: 23
    July 16, 2003 - 11:02 am

    hi rogue133au,
    welcome to the forum. well you have come to the right place to start your investing journey. i too am a relative newbie to the realm of property investing and have found this site amazing.
    there are many wonderful people on this forum and you will learn an enormous amount by reading their posts. my suggestion to you is begin thinking about what you want to achieve in the short, medium and long term, then start working towards your goals. and my other suggestion is to read, read, read[:D] hope this helps.
    all the best
    rie

    Profile photo of chericheri
    Participant
    @cheri
    Join Date: 2002
    Post Count: 23
    July 12, 2003 - 6:07 am

    michael,
    great post[:D]
    i always love learning about different ways to crunch numbers on potentail deals.
    as i have said before i am mathematically challenged and posts like this help enormously. thanks alot[8D]
    rie

    Profile photo of chericheri
    Participant
    @cheri
    Join Date: 2002
    Post Count: 23
    July 12, 2003 - 3:37 am

    hi sushi03
    i am with wilandel on this one.
    we have tried the banks directly and 2 different brokers on various occassions. each time we were disappointed with the outcome and the service they provided.
    as it so happens we have just started talking to stuart ourselves (as of this morning)and so far we have been very impressed with his and josie’s prompt responses to emails and their genuine interest in our situation and goals.
    rie

    Profile photo of chericheri
    Participant
    @cheri
    Join Date: 2002
    Post Count: 23
    July 10, 2003 - 11:14 am

    thanks I****a,
    a very informative and easy to read post on a sometimes confusing topic.
    much appreciated.
    rie[:)]

    Profile photo of chericheri
    Participant
    @cheri
    Join Date: 2002
    Post Count: 23
    July 6, 2003 - 4:51 am

    TheBigL,
    we did a bit of research into broken hill about
    3-4 months ago and found heaps of +cashflow properties. what we found from our research and past connections with broken hill is that it has been “discovered” by out of town investors, which has had an impact on house prices.
    we spoke to both agents and residents about real estate and tenant issues. overall the response was that the population tends to be a little transient and leases often go to a week by week situation.
    the town is heavily reliant on the mines and also tourism. there a few primary schools, high schools and the dept education & training have a district office located there.
    the shopping facilities are pretty good.
    overall we did not feel comfortable about broken hill as a part of our investemnt strategy
    and decided that it was not for us, but remember that this is only my 2 cents worth[:)].
    i am sure there are other people out there in forum land who believe broken hill is perfect for their investing goals.
    hope this has helped a little.
    regards
    rie

    Profile photo of chericheri
    Participant
    @cheri
    Join Date: 2002
    Post Count: 23
    June 22, 2003 - 3:52 am

    hi guys,
    thanks for your responses. each post gave some helpful hints and advice that i will most certainly be following up.
    hope you are having a great sunday [:D]
    rie

    ps AD talk to you soon. gazz says hi[:)]

    Profile photo of chericheri
    Participant
    @cheri
    Join Date: 2002
    Post Count: 23
    June 19, 2003 - 3:29 am

    hi everyone,
    well i have been addicted to the PI site for about 12 months now and enjoy reading the posts. it has been equllay enjoyable learning a little about each of you. any way a little about us…
    my name is cherie, i am 34 years old and married to a wonderful man named gary (affectionatley know as gazz) we have been married for almost 10 years and have two beautiful children, jakeb nearly 7 and samara 4.5
    i am a primary school teacher and gazz has a landcaping/law mowing business. we have become very passionate about changing our lifestyle and taking charge of our future.
    we have a PPOR. 2 flats and 2 properties under contract- ready to settle 7th july- all going well.
    To AD, thanks for your calls to gazz we both appreciate your honesty and you have gone a long way to making us believe we can achieve our goals.
    well there you have it, a little about rie and gaz….
    have a great day everyone[:D]

    Profile photo of chericheri
    Participant
    @cheri
    Join Date: 2002
    Post Count: 23
    April 13, 2003 - 7:48 am

    hey paul,
    having read each of your posts, it is very evident you do not agree/ align with any of the sentiments or strategies posted by the majority of members here, therefore it begs the question “why are you here??” you seem to “know” a fair bit aboout steve and his strategies, how about revealing a little about your self that may go some way towards qualifying your self and your investment strategies.
    we are all keen learners and look forard to your input.
    rie

    Profile photo of chericheri
    Participant
    @cheri
    Join Date: 2002
    Post Count: 23
    April 8, 2003 - 8:00 am

    hi steve,
    how about…
    “Prosper through Postive Property Investing”
    by Steve McKnight Property Expert

    regards
    rie

    Profile photo of chericheri
    Participant
    @cheri
    Join Date: 2002
    Post Count: 23
    April 5, 2003 - 7:48 am

    steve,
    the intro sounds great! i can’t wait for another dose of your simple yet highly effective tips and advice. it’s a winner for sure
    rie

    Profile photo of chericheri
    Participant
    @cheri
    Join Date: 2002
    Post Count: 23
    March 24, 2003 - 12:04 pm

    hi susie, if you would like a little more info re the town and agent drop me a line at [email protected] i’d be happy to share the info.
    rie

    Profile photo of chericheri
    Participant
    @cheri
    Join Date: 2002
    Post Count: 23
    March 22, 2003 - 12:47 pm

    hi guys,
    thanks for your responses. you will be surprised to know that the office is in fact part of a well know franchise group! the town is quite small however, does not, i believe have the monopoly.
    and yes i did explain to them quite clearly that we would not be listing with them in the near future, if ever.
    little things never cease to amaze….[:D]
    rie

    Profile photo of chericheri
    Participant
    @cheri
    Join Date: 2002
    Post Count: 23
    October 20, 2002 - 1:41 am

    Congratulations AD[:D]
    it is always great to hear the stories of people who are making their goals come to fruition. your post was very uplifting and to think you have made all this progress in just 12 months.
    you have spurred me on to achieve my goal of “leaving the rat race”. although we have only just entered the world of property investing (literally as i type) it goes to show that you have to start somewhere hey.
    i look forward to further posts re your successes.
    rie

    Profile photo of chericheri
    Participant
    @cheri
    Join Date: 2002
    Post Count: 23
    October 9, 2002 - 10:52 am

    hi tara
    thanks for your input also. it has given us some food for thought and have decided to go with what we feel comfortable with. either way we are still heading in the right direction, that is closer to our goal! can’t go wrong hey..
    rie

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