From reading Steve’s books it seems that some of the deals were done on a $1000 upfront and nothing for 12 months?! (12 month settlement period with access to the property). Am I reading this right?

Would anyone without Steve’s history be able to secure such a deal? even at the asking sale price?

Thanks

I agree. I know of a property that was sold for $290 (before stamp duty) and is now fetching $400 a week in rental return. This is an appartment in a CBD area.

Obviously it’s not +ve geared, but it’s not far off it. This property was not advertised online. The agent simply dropped brochures around and sat on it for a while.

My concern is that…[Read more]

House Hunter,

I checked out your web site and the property listings. It looks interesting.

I noticed that none of the properties in Australia reach the 10%+ returns that is required to positive gear. However, you do mention strategies on how to improve the odds. How realistic is this? do you have some recent case studies?

Also, any case studies…[Read more]

Hi,

I’m based in Victoria (Melbourne). Please contact me if you do any deal spotting in this region.

Thanks