calculate the value of the house and the land that oyu will have at the end, and how much equity you currently have invested in the deal.

if the value of the new property is more then the equity you currently have invested… then work out how much better and go for it if its a good %.

if its not better, then i wouldn’t. i’d sell the property…[Read more]

there are lots of things like that, not something i would go into though. just not my sort of thing… i like being in control.

fractional? what do you mean by that?

hey gambler, i am just changing fields atm, i was in the stock market and making good money.
but pulled my money out a while ago, and 4 months ago put it in a term deposit just so it wasn’t sitting around.

So atm cashflow isn’t good, and that will be my biggest problem with getting loans.
but i have talked to a few people and will be setting…[Read more]

So many questions… its hard to know exactly what your asking.

But often people talk in the 8-10% range. thats a nice return to look for.
Some get much much more, and many get a little less, in the 6-7% range..

Some people are investors, so the location of the property is irrelevant, its the deal they want!
Some people love property, and want…[Read more]

i am actually really tempted to use that service, i see it as risk money, but if i get what they say then ill be happy. so once i use it ill track down this post and update it with my experience…. could be a few months though.

there are quite a few like that on there.

My name is luke,
I currently live and study Construction Management and Economics in Adelaide

I like business have have 4-5 different “jobs” atm… but they vary from share trading to being paid to dye my hair bright colours for youtube.
I hope to start buying properties/developments early next year.
So i am here to learn and share!

My goals are…[Read more]

have to check what % you get in a term deposit and the money you would make in that time vs the money you save by offsetting the loan.

I did this these the other day as part of a presentation and for the figures i had it was much more beneficial to offset. and that was with the current figures.

if interest rates rise over the next few months…[Read more]

we saw mice running around the house i am renting…. i put traps and bait out myself….. i’m a big boy now!

I’d just weigh up the costs of all these changes, vs finding new tenants if these ones decide to leave if the problems arent fixed.

Also weight up if they are problems most people would care about, or just these ones.

I would become…[Read more]

hows the property performing atm? have you made money? is it going up or down in value? there are many many things to consider and calculate.

what made you want to sell?

dnshull wrote:
Hi Alex, Where in Adelaide are you looking to employ your renovate and sell idea?  Good luck and best wishesregards, Dave

I was going to ask the same thing…. Some areas have a lot of properties for sale atm… so you could be competing against them to sell… and when the market does slow over dec jan… this could be…[Read more]

there are a few things to take into account. the structure of the investments, is it a partnership? company? unit trust? etc etc.
what do both partners put into the business? time? money? both?

But from reading books by steve etc, they are all big advocates of having a partner. i think you have to weigh it up. do you trust the…[Read more]

The load does get paid… but it gets paid at the end of a set term… in a big lump sum… so start saving! Someone posted just yesterday or something about banks not accepting the logic of selling the property to repay the load. they wanted some extra proof that you can pay the sum off.

some things with your sum that are different to mine…[Read more]

hmm ok, sounds not good for me.
I can start generating some income pretty quick if i have to.

but does it matter what the income is? would they care if it was stock market profits? or does it have to be a regular job income?

i have thought about buying with equity… but i don’t like not being leveraged, and having all my money tied up in…[Read more]

Im about half way through steves new book now, 0-260+ properties, he does mentions lots of things in this book compared to his last one, he mentions trusts and markets, and crunching the numbers etc. not all in great detail, but its a pretty good book for covering all the basics and some good strategies for buying property and how to find…[Read more]

fully agree with shahabr. you can get property trend graphs for the different states etc, but when it comes down to it, its what you feel confident in doing, what the suburb stats tell you, etc.

If there is somewhere you wanted to take a business holiday trip to, then think about where you like!!
but if its purely for investing, then there…[Read more]

easyroommate.com/
gumtree.com.au/

have places 10 tenants using these sites all within a day or two.

If its students your targeting then the universities have their own accommodation sites you can advertise on, and of course the paper too, but depends on who you are targeting.

i just downloaded the one that terryw linked on that page. its awesome! so detailed and well laid out.
I might make some of my own adjustments but its great!

http://www.investmentpropertycalculator.com.au/download.php?f=Free-Investment-Property-Calculator-v1.1.2011.xls

thats the link of the one i downloaded. i looked at all the others too,…[Read more]

there are books on strategies, books on legal, and motivational books, 0-130 properties and steves other books talk about how to find, purchase and expand your portfolio with positively geared properties. they are good books, motivational with good info.

For developments i like ron forlee’s book called australian residential property…[Read more]