After years in the industry i do find some of the comments on hear quite funny.. Just because of a few bad apples the whole industry suffers!My first question to you all is how do you value great advice?The industry has been scaled and gutted my friend with all the accreditation you need these days its becoming a joke. I have no aspiration to…[Read more]

Hi Andrew,What is your strategy? Resi, commercial, development etc etc.I agree with v8ghia that the simplest way to do it is to purchase in different areas/states near capital cities…. or purchase positive and negatively geared properties. Either way you need to understand each market of each city before you even think of purchasing in different…[Read more]

Try NAB they will lend 95% on investment, no postcode restrictions and internal vals which are usually a drive-by. 9 out of 10 of our deals are valued as contract price…

You can always negotiate the rates!!! Most i see and have used are between 6% – 9% + GST, fees vary from state to state. Self managing is great for some but if you have a large portfolio I feel your time is better spent on growing your portfolio rather than chasing down rents etcFood for thought!

You might want to watch this linkhttp://www.abc.net.au/landline/content/2010/s2894275.htm – play bottom is on the top left of screenThese companies spend billions of dollars to get these projects going and are not going anywhere in a hurry that's for sure!Good luck with your search.Cheers,

Do a JV with a builder then!50% of something is better than 100% of nothing…

Back to your original question, it really depends on how much you want to earn!Most of the business owners on this site (i am assuming) are doing what they do for the love of property not for the money. We all have our own little niche's in various markets and we all are rewarded accordingly from the love & passion we have with…[Read more]

No worries Gambler, you will have no issue with the team at Global they do this sort of thing day in and day out.Keep me updated!CheersTrent

 I use Global Group in Brisbane – http://www.globalmanagement.com.au they have been fantastic to date. Not the cheapest around but they have saved us thousands on our projects.Give Barry Jakeman a call on 07 3236 9000 and let him know i referred you.Cheers, 

Pascoe,Did you purchase the land outright without DA or do you have an option over it?320k each for a townhouse seems a little rich. It better be a massive townhouse like around 280-300m2. Most developers look at spending around $1000 per m2 for building costs. The other thing is once you have received your op works certificate (BA/CC) a decent…[Read more]

Warren and the team at Surat Basin Homes are a great bunch of guys. We have dealt with them many times before and use them for some of our stock.Check out our website http://www.aifinance.net.au as we provide house and land packages in this region Chinchilla, Roma, Tara, Dalby, Miles etc all of which are achieving superior rental yields. Good luck.Trent…[Read more]

Hi Melbproperty,Congratulations for taking the first step. A few questions for you:
1. What is your plan to get going?
2. Do you have a target area that you would prefer to start in? and Why?
3. What hours are you willing to commit to this?
4. What developers/companies have you contacted so far to ask about doing a free weeks work etc (work…[Read more]