What can you do? If he wont have anything to do with a wrap, there’s nothing you could do anyway. Just find another wrappee.

Seems like a very good deal. Just compare the purchase price and rental price with similar properties in the area and make sure the rental isn’t loaded to get the sale.

You could also word your clauses in your contract to get out of the deal if you uncover any dodgy goings-on.

It might seem too-easy but good deals still do exist, it’s just a…[Read more]

I remember reading somewhere that parents were sending their young teenage children (and younger)to all night gaming ‘shut ins’ at internet cafes.
The cost was $30 each and was used as a surrogate baby sitting service. It was controversial because of this fact, but hey, it provided a service at a tidy profit too. This may be an idea for you.

Good…[Read more]

1. Yes absolutely, something like this would be very good. Investing has a lot to do wih information and this would be a very good resource.

2. Most definately.

3. Any info that is applicable to investors, borrowers etc. would be immensely valuable. Maybe something like a reference or list style format.

This is a very good concept and I’d love…[Read more]

There’s big plans for the South West in terms of zoning, higher density that is. I’ve seen good large blocks of land in these areas for under $150 000 and I got to thinking…

Opportunities for the future are ripe for the picking now, at fairly decent prices.

Probably not conducive to good business practice.

However there might be insurance mobs who do.

Go to http://www.google.com.au and type in termite insurance.

Floor space looks wrong for a unit, unless your unit is about 20 squares in size. For each 10 square meters, that equates to about 1 square in property size.

No huge repairs, make sure of it, know what needs doing and what’s OK. Do NOT get burnt.

Long term tennant? Make sure that they are and check the lease thoroughly. You’ll soon know if…[Read more]

1. Yes, written offer to the agent.
2. You dont have to put down a full 10% deposit initially. When you sign, you’ll sign on usually a 30, 60 or 90 day settlement. What one it is is up to you and the vendor.
3. Yes, I’d say use a broker, there are very knowledgable one’s on this forum. Dont forget your building and pest inspections.
4. Your lender…[Read more]

Steel frames homes just replace the wooden frame with a steel frame. A brick veneer can be built using either frame. Steel frames tend to be more expensive than wood.

1. The stability of mining towns can often flap in the wind, and are also known to sometimes blow away for ever. However, mining towns can provide great cashflow and properties in theses towns have been utilised to create some serious profits for people. Your research must be thorough, some towns are good, some are best left alone.

2. Council…[Read more]

You could always just go and visit some show home display villages, and if one pops out for you, then take it further.

There are plenty of builders and building companies that do sloping blocks well.

Typically inflated asset prices are eventually met by rising wage inflation. Now that it is a stated objective of the RBA to keep their foot on the neck of wage inflation, and also preventing another boom or happening a severe bump for housing prices, property must begin to trend down to where it should have been had we not had a boom and also to…[Read more]

I’ve been wanting to buy an apartment or townhouse in Cairns for a while but even the decently priced ones are just so fundamentally over-valued that it’s just not worth even thinking about. Maybe in a few years though.

Not surprised, no real surprise anyway. Building a house, especially house and land packages are just so horrendously expensive these days, the vast majority of people are better off waiting until things get back to normal.

In the next 18 months, I believe real estate will trend back to the prices it should have been had we not had a boom.

I dont like anything, in fact I’m bringing this whole site down slowly from the inside.[satan] Who’s with me?

To do this you’ll need permission from a council and usually a bond, so that when you’ve finished you’ll get your bond back from the council. They do this to make sure you finish the job.

If the mob who has moved your house are builders, then they’ll usually move it, re-stump it, re-wire and re-plumb it, this usually costs about $20 000 upwards.…[Read more]

No, a good way is to focus in on an area where you beleive would be good for investing, then decide what type of property you’d go for, like a house, unit, duplex etc. and then go through each one.

You’re not the only one diligently searching for investments. Besides would you spend 100 hours looking for a property on the net to make $100…[Read more]

1. Houses for removal are everywhere.

2. You simply buy a house on it’s own and then get onto a firm that remove houses.

3. Not really, they’re usually very cheap because the owner usually wants rid of them, so they can utilise the block it was on for whatever they’re planning.

4. The Trading Post is full of removable houses, you can check them…[Read more]

There are plenty of topics on student accomodation and rooming houses etc. on this forum, and also Mortgage Hunter among others have successfully utilised this strategy.
You wont have too much trouble finding the info you’ll need.

Good Luck…G7

1. Try your standard sites to start with, realestate and domain.

2. Try a bookstore for reno flavoured books, then build your knowledge from there.

3. Locations and unknown hideaways, look for holiday spots that seem cheap in comparison to similar spots and do your research.

You might want to start close to home and on a small scale first off.…[Read more]