Greg Mayer replied to the topic Can't sell a Cashflow Positive/Neutral Property – market slowdown? in the forum Help Needed! 7 years, 1 month ago
Thanks Corey – I ended up pulling the property from Purple Bricks and re-listing with one of the more successful REA’s in the area who has a proven history of sales.
New Ad is up now but I’m sure you’ll all be able to find if you go looking.
Thanks for the tips re: yield also. As I’m still fairly new to the scene, it’s a lesson learned on…[Read more]
Greg Mayer replied to the topic Can't sell a Cashflow Positive/Neutral Property – market slowdown? in the forum Help Needed! 7 years, 1 month ago
Hi Benny – again, thanks for the feedback.
– No, there aren’t bikies living next door and the street is nice and quiet.
– The tenant is on a month-to-month agreement so very easy for a potential owner-occupier to ask for a vacant premises upon possession.
– Thanks for the advise re: investors and low-ball offers. I would have possibly…[Read more]
Greg Mayer replied to the topic Can't sell a Cashflow Positive/Neutral Property – market slowdown? in the forum Help Needed! 7 years, 1 month ago
Thanks for the tips David. Unfortunately with a tenant in the property, it would be difficult to go down the path of staging – and from what I have heard, this can be quite an expensive exercise for a property of this value. Vendor finance – not really an option for me as there is already a financier (bank) that I will be required to pay off in…[Read more]
Greg Mayer started the topic Can't sell a Cashflow Positive/Neutral Property – market slowdown? in the forum Help Needed! 7 years, 1 month ago
Hi All,
I am attempting to sell my first investment property and have encountered a small conundrum – I have had very little interest from the market.
I don’t believe that I am asking too much for the property, with the current ad for ‘Offers over $299,000’.
I think would be a very attractive property to astute investors (or even a first home…[Read more]
Greg Mayer started the topic Validation on Costing for Property Flip (QLD) in the forum Help Needed! 7 years, 9 months ago
Good Evening,
Thanks for taking the time to view my post. Being relatively new to the Investing scene, this is the first time I have posted on the forums.
My business partner and I have been looking into Property Flipping in the Brisbane, QLD area and have put together a costing/profit table for analysis of our projected profit margin on a…[Read more]
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