Total Members: 159,396

eforce

  • eforce replied to the topic Service Apartment @ St Kilda Melbourne in the forum General Property 17 years, 10 months ago

    Hi Troy,

    Sorry I have not read those books written by Steven, but I will love to.

    Are you refering to the MasterClass Pack or book?

    Instead, I have read books by Robert T. Kiyosaki (rich dad poor dad series) and Dolf De Roos (Real estate riches : how to become rich using your banker’s money )

    Time for me to get educated.

    Thanks

    Originally…[Read more]

  • eforce replied to the topic Service Apartment @ St Kilda Melbourne in the forum General Property 17 years, 10 months ago

    Quite a quiet thread.
    Any other comments.

    Sorry if I am too defensive, just will like to share with you all how I decide on my investment.

    Thanks, any comment is welcome.

  • eforce replied to the topic Point Cook houses in the forum General Property 17 years, 10 months ago

    Hi cassco,
    Congrats on your point cook investment. Care to share your rental return for your unit? And which development you bought?

    Thanks.

    Originally posted by cassco:
    I just finished building a house in point cook and am renting it out.Built for 300k now worth 350k and that is a 3 bed 1 study so 4 bedroom for 350k sounds right to me.There is…[Read more]

  • eforce replied to the topic Melbourne Property Investor Meeting in the forum No Subject 17 years, 10 months ago

    Any one attended the group meeting? Any information to share?

    Thanks.

  • eforce replied to the topic Beginner Property Investing in the forum General Property 17 years, 10 months ago

    I am also a beginner investor.

    As I am a oversea investor, I can only look @ new development.
    I hardly could find a development with positive cash flow without having to put in a lot more for downpayment.
    [party]

  • eforce replied to the topic Service Apartment @ St Kilda Melbourne in the forum No Subject 17 years, 10 months ago

    Another thing to add is that I am a not an Australian. I am a foreign investor, whom have visited Melbourne several times (as a tourist) and now very interested in investing into it.

    I am not trying to speculate my local stock market, but I just hope to diverstify. :) Basically take some profit and reinvest it somewhere.

    After going thr a few…[Read more]

  • eforce replied to the topic Service Apartment @ St Kilda Melbourne in the forum No Subject 17 years, 10 months ago

    Perhaps I should share more of my investment objectives.

    Basically I am 30, married without kid. Below are a few of my investment objectives
    1) Diverstify from my stock investment (hope to cash out some profit and redirect them to another asset class)
    2) Learn about Property investment (this is our first investment on real estate)
    3) Slowly…[Read more]

  • eforce replied to the topic Service Apartment @ St Kilda Melbourne in the forum General Property 17 years, 10 months ago

    Thanks for all the comments and suggestions.

    Other opportunities that i am also looking at residential houses at Flinder Street, Cook Point and Truganina.

    Another question I will like to know if it is a good time to invest in Melbourne?

    Thanks.

    Originally posted by sanjivgupta:
    Hi eforce,
    I agree with HookamC. You can make a lot of deals…[Read more]

  • eforce replied to the topic Service Apartment @ St Kilda Melbourne in the forum General Property 17 years, 10 months ago

    Hi Marc,
    Thanks for your advice. Will you be able to share some lights on the do and don’t about service apartment?

    I quite interested with the service apartment, because of the +ve cashflow after putting in 35% downpayment. The rental return is able to cover the loan payment after substracting some expenses.

    Most of the on-going expense is…[Read more]

eforce

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