There are some agents in Sydney that have a fondness for cats, birds and fish. You just have to stipulate it before hand. A friend of mine is renting a poperty through LJ Hooker in Kingsford and the tenant has a cat.

A friend of mine went on one of these property tours about a month ago. When he asked was the price negotiable, they turned around and said the yield will drop in accordance with the price. WTF, buy a tenanted property in any city and negotiate on the price. Do they drop the yield? NO. I think its quite dodge.

[]

Banks are willing to lend on under 50 sq so long as the LVR is good usually between 70% and 80% and some will go up to 95%, sosize really isn’t the issue. The issue is more position. Any studio/1 bedders in the area codes of 2000 – 2010 (and sometimes up to 2016) the banks are very cautious.[xx(]

I personally think that if interest rate rise, it…[Read more]

Why are you selling? If you anticipate the market to rise for another 6 months why sell now? Now is the worst time of year to list, ask any r/e agent. You will need at least a 4 week marketing campaign, people will be going on holiday in early Dec., solicitors and r/e agents closing shop after Xmas – you will be lucky to get a 50 day settlement at…[Read more]

[8D]I deal with real estate agents everyday and even they tell you that only “mullets” buy at auction and that you shouldn’t buy at auction at all.

[8D]

Hi everyone,

Bill gave me some advice on a situtation where I was being ripped of by a business/life coach. Bill’s advice was quite helpful and if anyone out there requires Bill’s talent I would be happy to recommend him. []

I’m sorry to offend anyone, my mother and father have grown up in similar circumstances to you Richmond and they too are professionsal, my mother is an economist and my father is a General Practioner. My father was migrant and my mother a daughter of migrants. And growing up in Australia of Greek Heritage was not the easiest in the 50’s and 60’s.…[Read more]

C2,

Have you been to Blacktown lately or Gorokan/Toukley? I don’t see single mothers bashing down the doors at UAC?

You can thank Gough Whitlam for Australia’s socialistic transfer payment system. Which other country in the world encourages single mothers?? I hate it when people walk into my fathers medical centre and flash their medicare card as if its a platinum AMEX and expect to be seen straight away. Things have to change in this country.

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George it is not only imports that are getting tired. Just look at all the rusted VB, VC, , XF and even EA’s that still are on the road. Some questions need to be asked when you can buy a brand new car for 14K but the registrars still let bombs like that get around!!

Because of pink slips in NSW, you don’t see VB, VC, , XF and rusted EA’s…[Read more]

Drive down Parramatta Road and look at all the crap examples of Skylines, FTO’s and Soarers. Although private importers are being restricted, the market is getting sick of “tired” models and prices are dropping but if you can make money good luck. I wouldn’t touch an imported car personally. The fuel grades are different here and can hurt the cat.…[Read more]

The Rank group is owned by G. Hart a self-made millonaire in NZ

Josh,

Under Commercial Law, banks have to sell the propert at “a fair market price”. It a mortgagee auction falls under reserve the bank does not have to sell the property. Real Estate agents are now refusing to market them as mortgagee sales as it brings out the bottom feeders and time wasters/

Once it is rented it becomes PPOR is considered an investment by the ATO and the relevant deductions can be made.

I am a finance broker however, a mate of mine deals with low deposit home loans. You can get him at drmortgage.com.au. He is in Sydney too if you need to make a local call.

I am a finance broker however, a mate of mine deals with low deposit home loans. You can get him at drmortgage.com.au. He is in Sydney too if you need to make a local call.

When you exchange at an auction it is pretty much the be all end all.

I work with a few real estate agents in Sydney’s East and all off them say that only shmucks buy at an auction. If you want the property make an offer before and you will ascertain how serious the vendor is at the price you want to pay.

I have seen agents place dummer bidders…[Read more]

Im comfortable with Sydney. I know most of the areas pretty well. I know its easier to rent the properties when they are closer to the city but this time, I’m looking for an older house on a large block of land so I can knock it down and have it revalued and move on. Last year I purchased a terrace in Surry Hills and the property manager literally…[Read more]

Why doesn’t eveyone just cool off, leave the personality clashes aside (we are all different), put your heads down and tails up, make some money and enjoy doing it and helping those that want to be helped along the way.

[] Im a finance broker but a friend of mine is excels in situations like this. You can get into contact with him at

drmortgage.com.au

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