If she’s trying to lease a place back for $280 pw that she cant sell for $400k, then she’s dreaming and yes it does sound like a dog of a deal.

And if I’ve read your post correctly, then jumping into a mortgage with this person is financially irresponsible. If she’s that over-extended and cant manage her finances and repayments then steer clear,…[Read more]

Thanks for that, it’s really straightforward and easy to use. All I need now is a property to use it on…G7 [specool]

The tenants can go to HELL! [satan][satan][satan]

Just ripped this off a UK website;

Landlords from Hell:

“We always knew our landlord was dodgy, but on the day we moved out, he really tried to stiff us. We ended up leaving earlier than planned, meaning that our BT line was still connected. About a month later we get the bill from our for…[Read more]

The Qld market is generally very tough at the moment, regardless of where you’re looking at. I dont think you’d see much action from an investment property bought in Qld for a while but buying in the GC-Brissy corridor would put you in good stead for the long term. [suave3]

Maybe you could pick up something for a really good price off an…[Read more]

I’ve recently been doing a bit of study/research on NLP and it seems pretty interesting to me. I believe that Anthony Robbins uses NLP as the tool in his “Unleash the power within” training.

Anyhoo, the following might be of use to others if they’re…[Read more]

There are a few really good contributors that have been missing for a while now, but some tend to come and go. What about Derek and The Mortgage Advisor, amongst others…?

Luckily I’m still here or we’d all be in trouble![tongue]

A lot of these types of properties are cashflow positive after tax (assuming you’re on the highest rate) and after depreciation benefits.

They can be good for ‘off the shelf’ investments, but I believe unless you’re fairly well off most people would only be able to aford 1 or 2.

I believe anyone can find their own investments with far greater…[Read more]

Pitfalls, there are only pitfalls, no upside. Here’s why;

-you’d be getting in at the absolute peak of a dead and drastically overpriced market,
-if you’re into the ‘sardine syndrome, suburban holocaust, scorched earth policy’ location to invest then go ahead,
-You’d be getting a 5% gross yield, with no room for capital growth for years yet…[Read more]

Hey Batts,

Have a quick flick through this lot;

http://www.google.com.au/search?hl=en&ie=ISO-8859-1&q=private+real+estate&btnG=Google+Search&meta=cr%3DcountryAU

Also have a look at your local Trading Post under Real Estate. There are usually a few ads that list sites that deal with sellers selling privately.

Minor cosmetic renovations can up the rent to tip the property into positive territory, also creating another bedroom and maybe even supplying something like whitegoods or Foxtel for a price that’s more than the cost can help with cashflow.

Getting new tenants at the market rate is good too, but like HM said offering $20k less and getting an…[Read more]

I saw this post a few days ago and was thinking of an Adelaide-Saints final.

Having said that I think the Eagles will get up by 14 points and Chris Judd for the Norm Smith. Having said that, the Swans will win and one of their players will win the Norm Smith coming off the bench.

Go the Hawks for 2006!!!

Yes she’s done well out of the course. She’s thinking of doing it again because second time around as an affiliate it’s cheaper and also for the comrarderie and the course content has expanded to cover more things.

For more info check out;

Home

and…[Read more]

My property holdings in Afghanistan would go well with my waterfront home in New Orleans and my farm in Zimbabwe!

No seriously though, I hope that you and your family clean up over there but I’d say the barriers to entry for most people in Australia would simply be too high.

Good Luck, keep us posted…G7

My mum did the first course in 2004, that’s how I became interested in property.

Mum said to tell you that it’s probably some of the best money she’d ever spent and is well worth the investment. They would have ironed out the glitches in the course by now and should be really good.

It was also very good for the participants socially as many…[Read more]

Congratulations Gatsby, you’ve always laughed at my jokes and agreed with my opinions so it couldn’t have gone to a better person.

P.S. Please don’t edit, delete, move or lock this post.

Once again, good work…[biggrin]

Hey Scullyman,

I’m in Rockhampton and am looking to invest in the area. However there doesn’t seem to be much worth buying at the moment, if at all. Meanwhile the search for that elusive deal continues…[wacko]

I’ve got a 95 EF Falcon (330 000km’s on the clock) I payed $10 000 for in 2001 that since then has had about $20 000 worth of smash repairs done to it.

This was posted by myself a few weeks ago. Well I’ve still got the same car but make that about $22 000 in smash repairs. Just got it back after another fender bender at a roundabout the other…[Read more]

Hi there,

Regarding ‘analysis paralysis’ every investor suffers from this in varying forms at one time or another, so you’re definately not alone!

If I was you I’d do a few things to help in your investing jouney, including;

– keep reading the forum, knowledge can often translate into confidence
– check out some Real Estate investing books
-…[Read more]

Hi Clarebear,

I typed in ‘free title searches’ into google and it spat out these results;

http://www.google.com.au/search?hl=en&ie=ISO-8859-1&q=free+title+searches&btnG=Google+Search&meta=cr%3DcountryAU

There might be something in there that could help you out. Happy hunting…G7

You know what they say…Great minds think alike! [biggrin]