@nickyd – I’ll second @cjaysa‘s recommendation. Dave is both an investor and a BA. Heavily invested in the Adelaide & Sydney markets. Very personable guy.

Thank you for your input @janeu & @cjaysa
I am after is a mentor who will guide me in the most efficient areas and properties. I want someone that is actually a respected property investor themselves and practice what they preach.

I want a local mentor and buyers agent that I can trust and form a long term partnership

I was interested in…[Read more]

@Cjaysa says it’s low, @fredwisely says it’s too high. It requires more analysis especially regarding shifting of risk from vendor to purchaser.

Hey Andrew

I’m from Perth originally – while I was living there I was using Corey Batt (@cjaysa on these forums) who is in Adelaide. I was able to get everything done by phone and email for several purchases.

Thanks all @qlds007, @cjaysa @dtraeger,

I will endeavour to contact each of you at some point and work out what is best for me. I have done a lot of reading and I am just trying to clarify what I want from it all. It’s hard trying to find time outside of the general day to day chaos, but it’s what I want to do.

I’d definitely be down for a…[Read more]

Thanks all @qlds007, @cjaysa @dtraeger,

I will endeavour to contact each of you at some point and work out what is best for me. I have done a lot of reading and I am just trying to clarify what I want from it all. Its hard trying to find time outside of the general day to day chaos, but it’s what I want to do.

I’d definitely be down for a catch…[Read more]

Way too many variables involved. Best bet is to run through all your details with a broker so they can give informed advice.
@cjaysa on here looks after a few of us on here

I use and recommend @Cjaysa from here, he’s quite investment savvy

In terms of loans, definitely seek a mortgage broker. A bank only really cares about that one transaction whereas a broker can map out a path for this property and all future ones as well to ensure you to keep investing forever. @CjaySA on these forums is a really good one.

In terms of potential investment spots – If you don’t know what you’re…[Read more]

Yeah nice thanks for confirming @cjaysa – 6 months seems to fit a nice sweet spot, with banks being happy, new comparables arriving to support a better price maxing the potential equity pull, and even human limits, for some folk anyway where one has a rush of energy to research and buy, then reno, then u need a break for a few months. Then a…[Read more]

It varies from bank to bank, I have had good response when allowing 6 months in between purchase and refinance 12 months even better. Any less than this it is tricky to convince a bank’s valuer of any real growth unless your reno is much more substantial. I have also had blanket policy of no refinance in less than 6 on occasion, despite the…[Read more]

Great post @cjaysa!

@cjaysa great kitchen and great install cost there, getting the install under 1k is much harder in our areas but if you can do that you will almost always get a great outcome. My cheapest install ever was 700 so you are winning!

Hey Ben,

I’m from Perth originally too. I’ve used @cjaysa for my mortgage broking both when I was in WA and more recently in SA.

He’s written a couple of articles on Commercial Lending and is happy to work via phone/email/etc and is an expert in this field.

Good luck :)

@Jamie-M & @cjaysa,

Because VIC is the second state with highest median property price plus the migration rate and amenities is already established compare to the other state.

Source: http://www.melbourne.vic.gov.au/BuildingandPlanning/FutureGrowth/Documents/Understanding_Property_Economics_Drivers_Housing.pdf
and also this Infographics:…[Read more]

@Jamie-M & @cjaysa,

Because VIC is the second state with highest median property price plus the migration rate and amenities is already established compare to the other state.

Source: http://www.melbourne.vic.gov.au/BuildingandPlanning/FutureGrowth/Documents/Understanding_Property_Economics_Drivers_Housing.pdf

Correct me if I’m wrong, if I look…[Read more]

All banks calculate your income and your expenses using different methods. The income minus expenses creates either a surplus or deficit. You’re likely in a deficit with your current bank. You may well be in a surplus situation according to another lender. Not really possible for anyone on here to give you hints on which bank because we don’t know…[Read more]

I use and recommend @cjaysa , he was initially interstate when i first began using him and it was really easy to get everything done by email. I moved to SA (same state as him) and we still do things by email, so I doubt a face to face broker would have made any difference.

@mddedf its great to come to forums like this an learn! Congrats on beginning the journey it is much cheaper to learn by asking than by getting ripped off with a poor transaction first time so well done.

The post above is the difference between trying to work everything out on your own vs finding a great team of partners to work with.…[Read more]

Hiya,

When I was living in Perth I was using @cjaysa in Adelaide from these forums. For these sorts of things you really ought to use the best in the country regardless of where they are. You’d need to email your documents back and forth anyway.