hi robo
I would take the offer on the table before I would somebody telling me they may buy a property.
but I would check that contract ( and everyone must check contracts very carefully) if you have signed a exclusive standard contract you will find in the small print that the agent can claim there commision for upto 3 months after the expiry of…[Read more]

hi kp
not recommending an area yet I’m glad you like my creative accounting a few people are of the same opinion.when I have got this project that I’m currenly working on I will give you the heads up it a little premature at the moment.
As for dazzling I would be interested not only on what area he would specialize in but his opinion.

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hi all
I am trying to get a return on investment for the different areas including all cost.
sorry redwing I don’t use on line accounts but get your drift.
This is buy and hold and what area you have in region that has a return above 5%.
I thought this post had died but it has been reborne

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hi Kwaidan
This is a very similar post to another post is it the same person or is there a group that is flying out on the one flight and where are you flying to??????

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hi HAV11C
know I have read dazzling complete post.
1.not sure of the wife and if she is going to work( and I’m not interested as I’m not your broker nor will I be unless you want to pay my bill)
2. and this is where I disagree with dazzling and I change hats don’t ever think you know a persons position unless you have asked the person I haven’t…[Read more]

hi Dutchess
without taking the high moral ground can I just give my little .002%.
first I have read the and some I agree with and some I don’t but at the end of the day it comes down to trust. you can if you wish put this here and that there but is that trust if he is going to go here or go there again is that trust if you go for a loan and you…[Read more]

hi The Wild One
I am in the position that you are talking about currently and it is outside our usual comfort zone and have decided to use a local solicitor that works in the area but it goes to my solicitor here in sydney before me.
Michael 1st/ marcel( barrister 2nd if need be michaels call) they are for me my first line of defence so all…[Read more]

hi HAV11C
I will give my opinion which is not advice,
you have a loam with equity of 125k don’t sell the house with dazzling you get 115k, get as much out of the house as possible 125k.
get a job ( because this level will not get you into a state that will move you forward from a lending position)
lend the 125k to the new investment you have unit…[Read more]

hi vinny
before I start I will tell you don’t email me.

yes there are unfortunately bad brokers but in my case I was with one of my investors that is a developer in her own right and she was in a hole toi the turn of negative $480,000.00 on one of her sites with no lender going to lend and after 6 hrs of using my calculator and laptop and…[Read more]

hi Mcubed82
Can I give you another idea and please foundation don’t abuse me??
1. change your loan to interest only fixed for 5 years take the income that you have saved( from your normal repayments) and find 2 properties 1 income positive in a rural area the other in a high growth negative investment.
2 work the numbers so the end result of your…[Read more]

hi KRUPTA
I’m no novis moore or less ( that was a play on dazzlings name)
first I don’t like government tennents either mine are companies they are easier to deal with
second try to get it cpi or (5 or 6%) increases to cover inflation.
third get the tennenat to pay all out goings
fourth talk to a real estate to seee if it can be lease relatively…[Read more]

hi all
I agree with dazzling that you find not bad brokers but unexperience brokers or anybody for that matter in any industry I use a couple of brokers for my some of my deals working with one on this forum on one (not seen a post for a while but must be busy)I am a registered broker for a group but I use brokers to get a better deal in some…[Read more]

hi all
yes we all must come out of our comfort zones and I am currently looking at that and looking at investing out of nsw on a project.
I haven’t asked dazzling but if he puts his hand up for an area that he specializes in why not.

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hi zeallous
by advanced are you reffering to my age I know there are sepp5 over55 developments but we haven’t got that far with discussion groups.
but come along see you there.

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hi all
post this unique tax saving structure as I need one I am sure it will be well used by my selve if it works.
as like AUSPROP I am very interested

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hi Chris77
couple of bits of advice.
10 units is not a large development and is relatively easy to do but you may have a problem.
over55 are sepp5 units or town houses I don’t know for wa but I will go off nsw and you can check your state.
1. The units must be designed for 60 year olds may sound funny but alot over here arn’t.
2.They must be in an…[Read more]

hi muppet
I think everything as a sydney developer I think we could cut it off and ship it to nz and be done with the white shoe brigade.

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Hi munjy
maybe a bit of all, the mentor for that group would decide and then you can make your mind up if you wanted to join or not.

as for (Or its either mentoring PLUS investing or nothing? I think that’s what your getting at with the “half pregnant” comment). yes the mentor may say its ok to come along for the ride or may say no all the people…[Read more]

hi thinker
go to the council and ask for a copy of the stamped da plans in a1 and if in nsw a set of the stamped cc plans a1 again have a look and talk to a planner in that council to see if on file there are any section 96 (adjustments been put thru)then have a chat with your local solicitor and see what can be done.
It seems unusual check that…[Read more]

hi teacherk6
Check with the bank if you go over your limit you get hit with penalty rates and they can be very high nearing shark rates of 32% per annum so check.
No problem running up your credit card as long as you can run it down quicker before the due date of payment.
cc are nessesary evils but they are a tool to be used as such and must be…[Read more]