DD replied to the topic Free Recent Sale and Rent Information for any suburb in the forum General Property 14 years, 6 months ago
Aman, Hasall Grove is also a 2761 postcode area. The reason I mention this is I used to live there when in Sydney. We built there in 1992 for $114,800 and sold in July 2004 for $350k. All of the services are underground in the new estates of Glendenning and Hassall Grove. Plumpton is the older section with visible powerlines throughout.The…[Read more]
DD replied to the topic Better Suggestions? in the forum Help Needed! 14 years, 8 months ago
Richard is right, always get the finance organised before you look. There are many deals and bargains that are missed out on because someone can supply an earlier settlement and shorter time for conditions. So many people dont know where to start, where this forum allows you to get free advice from those that have a good track record. Whatever you…[Read more]
DD replied to the topic What To Do? Bank Valuation Came in 15% Under Value in the forum Help Needed! 14 years, 8 months ago
Yeah the amazing things I get sometimes about valuers. There was one deal in North Bundaberg recently where a Westpac valuer came in $30k under valuation on each of 2 units that a couple were trying to buy out of a block of three. The valuer wouldn't talk to me regarding why he thought the value was so low. I finally reached him and he was…[Read more]
DD replied to the topic Building a team in the forum Help Needed! 14 years, 8 months ago
Solicitors depend on the state of purchase I use one in Tassie for all of tassie, another for Qld work etc. I would suggest that you need to do some research to find a select area then simply target agents that deal in that area, call them about their current listings and then quiz them about infrastructure and new schools/shopping centres or…[Read more]
DD replied to the topic Im about to start buying my investment properties for retirement, i need advice please in the forum Any buyers agent that cant 14 years, 8 months ago
Any buyers agent that cant do his service for you for a reasonable fee is plainly ripping you off. I charge a flat fee of $4k per property deal and I also supply building and pest contacts, discounted solicitors and rental managers that discount for my clients. A list of maintenance contacts and for those investors that want a bit extra I do their…[Read more]
DD replied to the topic Metropole as a buyers agent??? in the forum Heads Up! 14 years, 8 months ago
Crusty, what a rough way to tarnish all buyers agents with a single brush. I dont get more stock for sale to my clients by making them buy at a higher price as you have stated. I get an agent that loves having pre-qualified buyers that dont tyre kick and waste his time. What I am saying is that as I have a clientbase that seeks a certain kind of…[Read more]
DD replied to the topic Interest Rates UP in the forum General Property 14 years, 8 months ago
Well with electricity due to soar for us and not big business soon I am very skeptical about the longevity of this government if they dont try and curb their spending of our money whilst we cop all these higher charges for basic services.Any Tassie investor would know they have just separated water and council rates so they can nudge the totals up…[Read more]
DD replied to the topic Interest Rates UP in the forum Well with electricity due to 14 years, 8 months ago
Well with electricity due to soar for us and not big business soon I am very skeptical about the longevity of this government if they dont try and curb their spending of our money whilst we cop all these higher charges for basic services.Any Tassie investor would know they have just separated water and council rates so they can nudge the totals up…[Read more]
DD replied to the topic Gladstone in the forum When I was shouting 14 years, 8 months ago
When I was shouting Gladstone 2 years ago several of my clients did jump in and secure property all between $100k and $130k for 2 bedroom units. I havent seen any cashflow positive there for sometime, but its always nice that my clients have all experienced $100k plus cap gains profit from each of these deals.As the new estates are all filling up,…[Read more]
DD replied to the topic good area under $200k in the forum Great price Nathan, good to 14 years, 8 months ago
Great price Nathan, good to see some Sydney deals that look sharp. Snoopy, yeah its a personal choice. Most clients use me a few times if they are new to it as they get discounted contacts for building /pest inspectors and solicitors to do the conveyancing work. Once they are comfortable they usually do it all themselves.Having said that I have…[Read more]
DD replied to the topic Renovation for profit in the forum Value Adding 14 years, 8 months ago
Sam Vannutini and I with the Reno Kings were the 4 main contributors for May 2005 API cover story on 50 top tips to increase your rental yield. I was also profiled in that issue.I am a buyers agent and do renos for clients who buy property and don't want or have the skills to renovate themselves.Happy to chat or make suggestions for you to help…[Read more]
DD replied to the topic Finance advice requested in the forum Value Adding 14 years, 8 months ago
As the 6 are already stratad then buy it 3/3 in different names with different lenders. Then approach council once you have sucess in settling to arrange for a block discount for rates being one "couple owning the lot. You may save $$thousands on council fees.Has the strata been enacted or just approved? It makes a big dofference if you dont have…[Read more]
DD replied to the topic Trying to boost reno skills in Canberra in the forum Johnathan, hi I have been a 14 years, 8 months ago
Johnathan, hi I have been a buyers agent helping people secure property for the past 8 years. I also do renos for many of these clients once they have earned an income from their investment for a short time. I have one client where I went with her to Tassie for one last year and we did the whole house in 8 days.That's her and I doing the prep…[Read more]
DD replied to the topic Investment property. Being rented out over capacity!!! HELP in the forum I have a client whos 14 years, 8 months ago
I have a client whos property is in Bundaberg Qld. He rented it to a single guy. The single guy has 4 students staying there which was only found out during a recent inspection. The agent contacted the owner and they got $250/wk rent instead of the $190/wk previous if they left the tenants stay. This was only 4 so not classed as a boarding house…[Read more]
DD replied to the topic Quantun 8 Group in the forum General Property 14 years, 8 months ago
Wealth4life, you have me dead in the water then. I have been assisting people for 8 years now to get their investments happening and I have a really crap website I haven't reviewed in over 2 years. No this isnt another plug as I havent even got my website listed on here but more an appreciation of a fair comment you made where Im guilty of working…[Read more]
DD replied to the topic good area under $200k in the forum General Property 14 years, 8 months ago
Yeah I cant remember how to do a private message on here anymore. Ive just come back on after 2 years. Can you PM me and we can then discuss off the radar.ThanksDD
DD replied to the topic Interest Rates UP in the forum General Property 14 years, 8 months ago
The true catalyst for the interest rate rises is the performance of the aussie dollar. As the dollar strengthens, imports are so much cheaper and we tend to splurge. With interest rates jacking up higher again this is only keeping pace with our perceived worth overseas and the interest rate trend will continue as the global financial crisis…[Read more]
DD replied to the topic Interest Rates UP in the forum General Property 14 years, 8 months ago
The true catalyst for the interest rate rises is the performance of the aussie dollar. As the dollar strengthens, imports are so much cheaper and we tend to splurge. With interest rates jacking up higher again this is only keeping pace with our perceived worth overseas and the interest rate trend will continue as the global financial crisis…[Read more]
DD replied to the topic Selling Using a Seller’s Advocate? in the forum General Property 14 years, 8 months ago
Some people prefer to sell their properties through an email based system of sales, rather than have an agent trudge 50 potential buyers through your property. Many investors out there need the facts and a few basic pics to make a buying decision and a quicker if not higher sale can be achieved this way. Less interruption to existing tenants, with…[Read more]
DD replied to the topic good area under $200k in the forum General Property 14 years, 8 months ago
Shahabr hi, Im finding great deals all the time for my clients and sub-$200k. $140k 2 bedder with $200/wk rent, $150k 2 bed unit in a block of 8 in bundy with 3 others owned by my clients, 3 bedroom house in tassie for $156k with $195/wk rent.All these sorts of deals are readily available.This is what I do.Good luck in your search, Happy Hunting!!!DD
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