Off the plan is a great way you can make income. Sometimes more,sometimes less.

One of my clients bought in stage 1 of a brizzy developement for $305k still not finished they are now selling stage 3 for $389k. There are options where having bought three, you may advertise and sell 2, and with the profit, kick this into the first and…[Read more]

Now a parent my self, I feel that the lack of encouragement you are feeling at the moment is valid and needs addressing. Sadly, 25 or so years ago when I was a teen, all I got was a sit down with dad to lecture me on improving this or that aspect of the report. The fact that apart from this I was basically allowed to be slack, watch too much…[Read more]

how are you going Gatsby? Did you end up buying an IP from that trip to Brizzy for yourself. Havent heard from you so I thought Id ask.

DD

Buyers Agent (Dip Financial Services(FP)
Don’t sweat the small stuff,and it’s all small stuff!!

Sorry Red, why do you think I did the big haul to BIG. Coz I may not get anotherr chance again to see Peter for free.

DD

Buyers Agent (Dip Financial Services(FP)
Don’t sweat the small stuff,and it’s all small stuff!!

SIS I missed saying hello to you as the networking was cut short. Was a shame to get al that way and miss you. Maybe next time.

Oh yeah wife wants shares and CPT and diversity now too.

Here we go!!!!

DD

Buyers Agent (Dip Financial Services(FP)
Don’t sweat the small stuff,and it’s all small stuff!!

Redhaven, how far would you have to go to get to the meeting. I made it from Coffs Harbour NSW 4 1/2 hours away.

Well worth the trip, great speaker and a chance to put faces on forum names too. Awesome!!!

Special thanks to Foston for a nice afternoon with his wife chatting property before and to Patriza and her hubby Tony for putting me up, or…[Read more]

gREAT STUFF GUYS LETS SEE ABOUT A DATE IN 2 WEEKS, THAT SHOULD GIVE YOU ALL TIME TO GET OTHERS INTERESTED INVOLVED.

oops had caps on sorry sorry sorry.

I went to the BIG meeting in brizzy last night and Peter Spann was the speaker. He was supposed to speak for 1 hour and ended up speaking three. A great talk about diversifying to avert risk and…[Read more]

Thanks Foston, you and Sue have a great break. Yes it would be great to catch up at the meeting. What would you recommend as somewhere to stay?? Basic is fine as its only me this time.

Call me on mobile if you still have it to chat.

DD

Buyers Agent (Dip Financial Services(FP)
Don’t sweat the small stuff,and it’s all small stuff!!

the only right call is your call. Whatever you choose to do is right for you. Make sure thought that you dont regret missing deals later.

Make the decision and move on, you will feel better in yourself if you do.

Good Luck

DD

Buyers Agent (Dip Financial Services(FP)
Don’t sweat the small stuff,and it’s all small stuff!!

For me and all of those I assist, its small deposit balance on settlement. Never actually 10% excpetion for me was my PPOR in Coffs.

NSW no 10% at cotract time, no deal. All other states it is different. 10% forget it.!!!!

DD

Buyers Agent (Dip Financial Services(FP)
Don’t sweat the small stuff,and it’s all small stuff!!

Wow, good post foundation, nice to see the positive coming out.

Yeah debt is also relative. When I was making $35k a year a debt of $100k was daunting. Now over $2mil in debt and very cumfy with that.

Depends where you are at mentally too.

If you think you can or think you cant, you are right!!!!

DD

Buyers Agent (Dip Financial…[Read more]

$25k is the recommendation I suggest as for $100k property you need $20k for deposit and $5k for costs. Not too many under that these days so yeah, not too far to go.

Stay renting. To own the same house would be about $500/wk probably so stay put. The difference can then be allocated to servicability of IP loan which is 100% tax deductable for…[Read more]

Terry, higher stamp duty and tax to pay for parents too. Cover this for them and they would have no reason to up the sell price.

DD

Buyers Agent (Dip Financial Services(FP)
Don’t sweat the small stuff,and it’s all small stuff!!

Qlds007

Now I see why you bagged me for finding cashflow properties for people in SEQ. Its your vested interest in wraps. Love your work

DD

Buyers Agent (Dip Financial Services(FP)
Don’t sweat the small stuff,and it’s all small stuff!!

Sunstone its DD here just wondering if you could give me your phone number so I can have a quick chat about the meeting.

I would like to attend but its a 4 hour drive and timing etc, somewhere to stay near venue, logistics basically.

Im in Coffs dont forget.

DD

Buyers Agent (Dip Financial Services(FP)
Don’t sweat the small stuff,and it’s all…[Read more]

Guys I did a deal for someone not so long ago for a 1 bedroom unit in Cairns for $80k getting $120/wk owner renting back.

That means $16k deposit and $4k for costs. $20k is plenty as long as the investment suits.

Another was a house in Tassie for $102k for a young lady with a $150-160 return settling soon. That is just over $20k deposit and all…[Read more]

Funny thing is that even though a valuer is doing a value on your property, you cannot even see their report as it belongs to the bank even if you have paid for it.

This smacks to me of banks massaging the figures to best suit themselves. Gee what a surprise.

With a bank listing three valuers they may actually due to how “massaged” in their…[Read more]

Ok so you feel a bit nervous about helping a friend. Dont be. As long as all the details and the contract goes through a conveyancer/solicitor by both parties its legal.

You have to give your friend an invoice for the fee they pay you and declare it on your income for tax as it is an earned amount from effort, yours.

If you are introducing…[Read more]

The funny thing is that with a multiple dwelling situation of more than a duplex(2) and definitely 5 like you suggest, mortgage insurers will knock it back as a bad risk.

It is not a standard deal and with a trust as well, good luck.

Have any of these lenders suggested the additional charges for reading your trust documents and the delay in…[Read more]

As a buyers agent it is in the best interest of my clients to have the deposit in their own accounts and not the coffers of the agent earning them interest.

My clients put down $500 for all queensland deals, tassie its either $1000 or $2000 and WA its $1000.

Anything more is BS and the agent guaranteeing their commision is already in their hot…[Read more]