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  • Profile photo of god_of_moneygod_of_money
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    I am learning from people's opinion…
    I always keen to know the reason behind….

    Profile photo of god_of_moneygod_of_money
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    residential rate or commercial rate?
    what is the interest rate?
    just curious

    Profile photo of god_of_moneygod_of_money
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    Terry,

    Most people will look at short term investments (i.e. being lured by GROSS return).
    I have seen lots of asian/chinese flocked into this kind of investment as being promoted
    high yield, city location, student accomodation etc etc etc

    Profile photo of god_of_moneygod_of_money
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    which lender did u end up with?
    at what LVR?

    Profile photo of god_of_moneygod_of_money
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    Profile photo of god_of_moneygod_of_money
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    You need to be aware that when they sell the property, their 1st annual return (i.e. through the depreciation etc) looks good.
    But capital growth and future return are based on 'projection'.

    Profile photo of god_of_moneygod_of_money
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    any news from your due dilligence?
    Interesting to follow it

    Profile photo of god_of_moneygod_of_money
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    If you are afraid of 1. unscrupulous tenants and 2. empty houses
    then
    1. get a good property manager… I have one that inspect the house every 3 months taking all pics. Good property manager tends to select appropriate tenants
    2. Get landlord insurance
    3. Geographic location of the property (i.e. if you buy in conamble, NSW (cheapest property in NSW) then the chance to get trash is huge)
    4. Type of property
    5. Competitive rent
    etc etc etc

    Profile photo of god_of_moneygod_of_money
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    It is good if u r a passive investor who doesn't want to be involved in day-to-day management of your IP
    Personally, I would like to avoid it

    Profile photo of god_of_moneygod_of_money
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    Depends on the size
    ranging from 115k to 180k
    not much capital growth though

    Profile photo of god_of_moneygod_of_money
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    Broker of the Year?

    Profile photo of god_of_moneygod_of_money
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    what do u mean cannot be? sarcasm???

    Profile photo of god_of_moneygod_of_money
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    Plenty of reviews on Unilodge apartments in this forum… welcome to search it

    Profile photo of god_of_moneygod_of_money
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    good tool to bargain with the RE agent.. as they are always lying to you on how long the property has been on market

    Profile photo of god_of_moneygod_of_money
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    Your house has been value by who??
    banks or real estate agent?

    Profile photo of god_of_moneygod_of_money
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    can you use the bank lenders through the commercial loan to finance the purchase with 40% deposit?

    Profile photo of god_of_moneygod_of_money
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    yes.. thank you so much
    cheers

    Profile photo of god_of_moneygod_of_money
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    I always stand on my offer….
    If they started to come down the price.. could indicate that they are desperate

    Stick to your intial offer

    Profile photo of god_of_moneygod_of_money
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    what kind of organisation did you involve?

    Profile photo of god_of_moneygod_of_money
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    anyone using this product at the moment??
    thinking about using it for the next IP

    any advice?

Viewing 20 posts - 481 through 500 (of 949 total)