Blimey. Resurrecting 2 year old threads now.

What's the change of grade ratio? It drops 1m over how many?

Good luck with it. Be brutal with these agents. 90% aren't worth didley.

What are we talking about here? 1m…2m…3m high? Does it border the front/public property or is it a garden rear type wall. Need specs to understand what you're talking about

….Getting 2 or 3 phone enquires a week and they have turned into inspections, midweek

You need to understand why these aren't turning into sales. The agent needs to do a follow up on these enquiries once they go dead to get a reason why they didn't commit.

Without this info you're flying blind. Time to give the agent a kick up the…[Read more]

I might have this arse backwards but back of the napkin suggests $5-8K net or around 2-2.5% return on capital invested before tax.

Where's the risk premium? Assuming $150k initial investment (inheritance) would generate on term deposit (4.7%) around $7k for no effort or risk.

It looks like she hasn't yet recovered costs (incl potential exit…[Read more]

Quote:
Unfortunately, they are still on the market and not one has sold.
The agents agree that it is priced right

How long have they been sitting? I would want to see activity stats from the agents; enquiries, inspections, offers etc. They need to be mapped to current market trends to get a guideline idea of where you're at. 

Enquiries…[Read more]

http://www.realestate.com.au/property-house-vic-mildura-112282519

http://www.realestate.com.au/property-house-vic-mildura-107499794

Big John wrote:

3. Economic fundamental is place that indicate the US economic recovery has commenced

And what would they be then??

Read. It should solve most if not all of your problems

http://www.woohoogroup.com/latest-news/who-is-carly-crutchfield

All you ever wanted to know about this mob and more.

Les I think you might have to go to Gehl's workshop on how to flog free stuff. 

callmeles wrote:
I'M WITH freckle on this one.

Your supporters tickets are in the mail.

https://www.propertyinvesting.com/forums/help-needed/4347406

More surveyors because of less work.

Watch coal and gas resource expansions literally go full stop over the next few years. I'm betting you'll see an increase in mine closures within 18 months. If India builds a proposed rail link for its 3 largest coal deposits scheduled for the next 5 years coal in QLD will crash and China's talking up a cap on…[Read more]

The guys a dud in my book. Others think so too.

http://somersoft.com/forums/showthread.php?t=76099

I hate to say it (not into development/coaching cses) but Steve's Apprenticeship Cse would be far better value for your buck 

https://www.propertyinvesting.com/course

Some of the broker experts can confirm but all RE lending here is full recourse. The only way to simulate non recourse is to have your assets locked in under another entity and the use of bankruptcy if they're hell bent on taking every last cent. You'll find the wealthy use this ploy or tactic without hesitation.

jmsrachel wrote:
I'm going to make myself look pretty stupid and ask what is non recourse lending and when would you need it?

In case of a default the lender can only seize the collateral nothing else.

Not to worry Darryl I expect that to all change over the next few years. You'll have surveyors coming out your ears.

I'd definitely feel dudded if I was an agent or someone selling. Great if this came up just before an auction and having to pay auction costs upfront. I think I'd be looking for damages.