I do know of a number of agents who count email offers as tyre-kickers also, just something to consider.

A lot of the older school agents respond well to in person, in writing offers. But there is a large shift from this demographic in the industry.

Hi Ryan,

Going on the basis of your options, a couple of things to consider.

If you SELL, you are subject to the conditions of the market and may find what little equity you do have is eroded if you have to accept a lower offer, and after sale costs (agents fees etc) You will then need to pay a new set of entry costs (stamp duty, legals and…[Read more]

Cash flow positive (CF+) properties exist for sure, I invest in them.

Consider however that your yield need to be substantial enough to cover interest, rates, insurance and maintenance among other things, you'll be wanting a yield of 8%+ on purchase price.

Thankfully deals like three year fixed rates under 5% are making it a lot easier to buy…[Read more]

As Jamie mentioned, there is a usual Somersoft meet held in the CBD once a month (usually a Monday night). Check out the forums and get the info on specific date/time/location. It's always good to meet up with new people and find out more about their experiences.

You would need to get specific advice on that. Unit trusts are handy in that income splits are clearly defined and can be transferred between parties (for instance if your father wanted to sell out in the future), (Family) Discretionary Trusts give a lot of flexibility for certain scenarios too.

Thanks to the guys in the thread recommending my…[Read more]

Another vote for Depreciator. A number of my clients have used them and have been very happy with their service and results.