Hi Monolopy,

$18 000 for a decent apartment, in Seaford Vic, about 5 years ago now, don’t know the specifics on the place, but it wasn’t like one’s you’d see on A Current Affair.

This price to get rid of it only, no one wanted it so the owner kept dropping till someone did!

Seaford unit medium at Dec 31, 2003- $194 000
[weird]
G7

Congratulations Steve and Dave. It’s always a euphoric feeling of setting and reaching a goal. Whether it’s exercising 3 times per week or becomeing filthy rich, it’s just awesome.
Where are you headed in the next 5? Write some more mate and change lives, Kiyosaki’s sold 18 million worldwide, you’re a champion![thumbsupanim]

“101 ways to massively increase the value of your real estate, without spending much money” by Dolf de Roos is a great black and white book, also “The Magic of Thinking Big” by David Schwartz is a great all-rounder. G7

Congratulations on your problem Jeff, I was thinking if someone is prepared to buy your pub for $850k, then someone else might be prepared to pay $900k or even more!
On the other hand your $20k per year positive cashflow is half the average annual wage. Could you use your equity in the pub to buy another property(s) to make up the other $20…[Read more]

Thanks everyone for your help, I really appreciate having the ‘been there, done that’ guys helping people like myself out. I’ve visited both websites and found what I’ll need and can use. G7 [biggrin]

Daniel,
I located a U.S. book called “Flipping Properties, profits through buying for quick resale” at the back of the Australian Property Investor magazine (page 154 current issue) Haven’t read it or even seen it, but your question jogged my memory of it.
It can also be found at http://www.businessmall.com.au item no. BRO-1 $58.95 I hope this helps, cheers G7

Richard,
I’m after someone who can provide the advice and facilitation on completing successful wrap/flip deals. eg. help with the paperwork, while I look for the houses.

Thanx, G7