HandyAndy888 replied to the topic Property bust not here yet … worse to come in the forum General Property 13 years, 1 month ago
What on earth has happened to this thread???
HandyAndy888 replied to the topic Buying an investment property with solar in the forum Help Needed! 13 years, 1 month ago
I too will watch this with interest; a ‘grey’ area if I’ve ever seen one.
HandyAndy888 replied to the topic Where to begin? in the forum Help Needed! 13 years, 1 month ago
Only initial advice I can give you is to read, then read some more, and when you’ve finished, don’t forget to read. Oh, and then, before you’re ready, jump into the market with something close to cf+
HandyAndy888 replied to the topic Australia’s CHEAPEST 3 bedroom homes! in the forum General Property 13 years, 4 months ago
I finally fixed it.
HandyAndy888 replied to the topic Australia’s CHEAPEST 3 bedroom homes! in the forum General Property 13 years, 4 months ago
I’ve never sold under mortgage, but have been close; and when considering all costs, I have come out in the red. Tough times unfortunately call for tough measures.
HandyAndy888 replied to the topic Australia’s CHEAPEST 3 bedroom homes! in the forum General Property 13 years, 5 months ago
PS. Great posts on your Facebook page!
HandyAndy888 replied to the topic Australia’s CHEAPEST 3 bedroom homes! in the forum General Property 13 years, 5 months ago
No probs Jamie.
HandyAndy888 replied to the topic Australia’s CHEAPEST 3 bedroom homes! in the forum General Property 13 years, 5 months ago
Hey Derek,
Still working on the business plan, I’ll probably start from scratch and learn along the way. I find I’m procrastinating a hell of a lot, so it’s time for action!
Thanks for your comments.
HandyAndy888 replied to the topic FUNDAMENTALS FOR BEGINNERS! in the forum General Property 13 years, 5 months ago
Hello Anthony, Can I please still this for my blog?
Thanks in advance,
Andrew
HandyAndy888 replied to the topic Using my equity to help Mum purchase a house? in the forum Help Needed! 14 years, 9 months ago
Lenders often allow you to include the fees in the mortgage taken out on the property (the stamp duty and the fees). Look into this…
HandyAndy888 replied to the topic Finance for IP number 2 in the forum Finance 14 years, 9 months ago
Why not cross-collateralise? I have found that it is far easier to get loans approved, get good deals and banks ACTUALLY want to talk to you once you have a large amount to bring to the table. Think about it….
Cross collateralising only becomes an issue if you are trying to offload and you wont re-invest your profit by paying down a loan. Think…[Read more]
HandyAndy888 replied to the topic Root of all evil? in the forum General Property 14 years, 9 months ago
This is a great thread…perhaps Ben you should read Rich Dad, Poor Dad….it’s kind of different, but still relevant to this convo.
HandyAndy888 replied to the topic How long should I wait to purchase another property? in the forum Help Needed! 14 years, 9 months ago
Congrats on taking the step!!! IF your income is large enough and you can do the numbers favourably for another cf- property, do it now!!!
HandyAndy888 replied to the topic WANT TO EARN $300-$400 PER WEEK ON A $165,000 INVESTMENT? I have the property for you. in the forum General Property 15 years, 6 months ago
The thread title sort of sounds like 300-400cf+…but anyway, this may be a good deal for someone…dog box or not…
HandyAndy888 replied to the topic No cooling off period in the contract in the forum Help Needed! 15 years, 6 months ago
From my experience, cooling off periods are a waste of time anyway. If you want out, you can always default on ANY building inspection, or possibly on finance through the relative clauses…I PERSONALLY wouldn’t worry about it….you may choose otherwise…
HandyAndy888 replied to the topic NEW INVESTOR NEEDS HELP in the forum Help Needed! 15 years, 6 months ago
Billyboy wrote:
I'm new to investing and would like to start with purchasing cashflow positive properties.Don’t we all????
You won’t have trouble finding a lender if you go straight to a recommended broker…
HandyAndy888 replied to the topic ‘Home prices plunge’ in the forum General Property 15 years, 6 months ago
I’ve been following hone prices too….I guess boring at these prices is becoming easier
HandyAndy888 replied to the topic ready to buy but…. in the forum Help Needed! 15 years, 6 months ago
Oh sorry….on many occasions I have made a deposit with $1000….
It depends on the deal, if you are really keen, offer your max, otherwise, 1000 should do. It really makes NO difference. You can always get your deposit back…
HandyAndy888 replied to the topic ready to buy but…. in the forum Help Needed! 15 years, 6 months ago
also, what are people expectations if the grant runs out, (goes back to 10k)? will property die, cause i highly doubt ;s, at the levels im buying at anyway (250,000-270,000)
No, property will not die.also, if we buy a house, we cant put a 10% can we, because that would have to be our money, is that correct?
No, there are may different types of…[Read more]HandyAndy888 replied to the topic Urgent Help Needed in the forum Help Needed! 15 years, 6 months ago
As long as you are intending to rent this property, I am of the understanding that you can claim deductions. if I were you, I would source the finance to get the plumbing done, then rent it…you got yourself into a real pickle….good luck….
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