hi secretgnome,

i’m in much the same boat as you (19 and already work in RE) there’s a plethora of mentors and inpirational people on this forum just hunt around some of the posts and write to the members that you realte to.

i personally wrote to monopoly and she was more than helpful (and encouraging). surrounding yourself with people who have already ‘made it’ is the best way to learn, someone once told me ‘the most expensive advice you can get is from someone poor’…

enjoy your day
e x

Touché,
e x

pennelope Posted – 25/08/2004 : 14:15:13

$10,000 less or 10000K ($10,000,000) less ? sorry am in a silly mood

neg depends on the property, common questions asked by buyers are:

How long has it been on the market?
Have you had much interest?
Why are the owners selling?
Have you had any offers?
Have many homes been selling in this price range?

These will all give you an idea of the situation with that particular property. REA are required to tell the truth in all matters relating to property (although some will bend or not diclose the whole truth) another way is to sepak to the neighbours, they’ll have the best idea of what is happening as far as how many inspections have been held, how the OFI’s have gone and why the owners are selling.

As to your final offer, generally the longer the property has been on the market the more motivated the vendor will be and the more receptive they are to offers. Thus offering $10,000 less than the listed price during the first week the home is on the market mightn’t be as well recieved then if the home had been on the market 6 weeks. But it IS a buyers market out there and you can afford to be more discerning with your offers because there’s less of you competing for the homes.

Hope this helps,
cheers,
e x

hi bennido,

in answer to your question, i haven’t ever had a ‘subject to tennant at $x per week’ clause in my dealings with contracts (brisbane, qld).

However i think it’s a great idea for investors (perhaps not neccissarily for us REA) as a way of protecting your interests in the property transaction. I have had offers though which stipulate that the existing tennant must be renting the property on the settlement date.

I asked some of my other colleagues if they had similar experince in the “subject to $x dollars per week’clause but none had. Whilst it’s not common i think it’s a great idea and it’ll test out whether the agent is committed to selling the property – get them working harder for you.

cheers,
e x

dear meggsy,

i think the idea wanting_more had about reading some wealth creation ( or indeed any ) books is great, best of all a library card doesn’t cost you anything.

If you’re interested in making some money without having to physically hold a job, why don’t you try something like paid online surveys?

i haven’t got any personal experience with taking these surveys but it allows you to make some cash in you own time in your pyjamas if you feel like it. Alternatively jobs like ‘mystery shopper’ can give you some casual income.
I’m not sure if we’re allowed to post internet addresses on here (dodgy advertisers) but if you would like some addresses for survey sites just PM me.
enjoy your day.

e x

Nice find, looks interesting…

Roseberry is 160 miles north west of Queenstown and 35 miles north of Strahan, the larger town in the area. The town is a predominantly a base for the nearby zinc mining operations, which provide an interesting and unique tour. There are several rivers nearby which provide good trout fishing and guides are available if required. A 5 mile walking track leads via the small settlement of Williamsford to the 100 metre high Montezuma Falls. If you prefer a 4WD tour is available.

Hi B.J

I spent my schooling years in Rockhampton and my parents had two houses up there before we relocated to Brisbane. Our homes were on the market for 3 months with an agent who shall remain nameless and sold within 2 weeks of being with Pat O’Driscoll.
I’m not sure if they deal in rentals but they were extremely professional to deal with. Alternatively Brian Gaeney of L.J. Hooker Rockhampton has a strong rent roll and you have the added bonus of using the L.J Hooker referral system (acsess to more tennants).
These two agents I have both dealt with personally, I hope this helps…
Cheers,
e x