Hi BJ

My wife and I run a buyers agents in Newcastle just south of Port Macquarie.Scott was spot on with his appraisal of Port. When the “development age” started about 5 years ago everyone started looking for cheap coastal properties (in comparison with Sydney) to develop.

There is an oversupply of units being built on the coast, especially in…[Read more]

Hi Wayne

We are buyers agents that present a weekly newsletter with such properties. We find that the only way to find the information you are looking for is to look everywhere. Government sites, real estate sites, investment sites, find out who owns mines etc in the country.

A lot of towns in WA do have well geared properties, however most…[Read more]

Hi Homer,

Its unfortunate that the only place to find these properties are in country towns. The best way to find out about these towns is to ring the locals. Go and spend a couple of days there. It all comes down to research. And ask any agent in a country town if they have a low vacancy rate. You know the answer. Its better to call and ask if…[Read more]

Hi Leesa,

The eternal question. The only real way to find this information is by spending hours on the phone or infront of the computer.The main sites to watch are real estate, government, employment. My wife and I spend minimum 30 hours a week doing research online and on the phone to find these sort of properties for our newsletter.

National…[Read more]

Hi Suzie,

First thing to do is read Monopoly’s letter. Once you have done that read it again and again and again. Especially the ps.

Out sourcing is the way to go. You havent got time to learn all the laws and police what is going on. The most important thing you have is your time. How much time and money have you spent trying to get these…[Read more]

Hi Sairah

These investments have a lot of positives about them if you get in at an early stage. The main things you look for are if they have a guaranteed return or if it is occupancy based. If it is occupancy based that can be a problem.

If it is a full leaseback arrangement where all costs are inclusive of the leaseback agreement (Strata fees,…[Read more]

We have looked into these a little and the most important things to look at are the sustainability of the company who will be managing the property.

Is there a guaranteed return and are all body corporate and strata fees are paid by the management company, or is it payed on an occupancy basis. This one seems to be alright.

The other problem you…[Read more]

I dont so much see licifer wanting blood, nor I, however when the floodgates open, I will have a BBQ and a bottle of red to sit back and watch what happens.

Quite simply, P P P P P P. ie; proper preperation prevents piss poor performance. The reason for the bloodletting will be uninformed investors who are paranoid and impatient.

For my part, I…[Read more]

The only way we find the product you are looking for is research, research, research. The internet is your best friend, utilise the search engines. Find out whats happening around the place, what are governments doing, where are people going. There a million different ways to research what we are all looking for.

Once you find it, then you must…[Read more]

Hi James,

We recommend to our clients to seek the advice of 4 or 5 mortgage brokers before you make your decision. This will firstly give you an opportunity to see what everyone is offering and secondly it gives you and opportunity to take their formulas and work out the best way to set yourself up. With some properties it may be more beneficial…[Read more]

Hi Fsat,

You are in exactly the same position as myself and probably every other person who have read Steves book or done a property course. The next step is research. You first must understand, a majorities of the properties that Steve bought were in the past 5 years before the boom hit. Some believe they are all gone but they are not. They are…[Read more]

Hi Hux,

Ok this is just the way that we have been shown. You first set up your company that holds no assets. this then becomes trustee for your family trust.

With a trust, the trustee can be changes at any time, so if there is any problems you are able to appoint another company as trustee to the trust and the litigation will be against the…[Read more]