Thanks Terry,Andrew

Hi Stuart,Can you let us know a little about how and where you got your financing.  Was it in the US?Regards,Andrew

Hi guys,When accessing equity in one property as deposit for other IP's is there a problem using just one LOC to fund the deposit for multiple IP's? Or should you take several loans, one for each new property?Regards,Andrew

Hi Keiko,There are some businesses that do this (for residential at least).  eg. Landlords choice has a deal for $299 to make 1 listing on realestate.com.au and 1 on domain.com.au  http://www.landlordschoice.com.au/services.aspxNot sure if this is a good price or not but I hope it helps.Andrew

Hi,My reading of FF's orifinal post is 2 x 950m2 blocks.  So Christian's calcs should read 6:1900m2 (ie. 1:317)?Sorry if I have misread something.Regards,Andrew

Hi Alistair,Thanks for that.  Nigel's original post makes more sense if that's the case. But he really didnt do anything to 'tell us more' on his second post.Nigel:  Perhaps you can outline the model a little more clearly (an example would be helpful too).  I'm sure I'm not the only one who would be interested to learn more.Also, how much debt is…[Read more]

Why limit yourself to one property.  With that kind of deposit you could potentially purchase 3 or 4 really good properties (subject to serviceability).  What do our brokers on this site think?Andrew

Hi Nigel,I've found if something sounds too good to be true it usually is.So:if there is 100k+ profit in each property why aren't you flipping these for yourself instead of on selling them so cheaply.  (btw what is your fee/commission in all of this)?Why would someone discount a property >80%?  Surely even a 50-60% discount would seriously u…[Read more]

Hi Aussie,That sounds like a really cool idea.  I'd certainly like to see what you come up with.  Something that would be helpful as well would be to include a directory of reputable contacts on the ground over there (lawyers/attorneys, REA's, accountants, finance brokers, tradesmen).  I am finding that I can get information to get me started on…[Read more]

Hi Nigel,Can you tell us more.  It kind of sounds too good to be true.Andrew

Hi Frank, Welcome to the site.Apparently there are several different models on how NRAS works financially.  Check out the post by euro73. https://www.propertyinvesting.com/forums/property-investing/help-needed/4334012?gocid=224224  Also, if you do a search of the forums you will findquite a few threads dedicated to the subject.Hope this helps,Andrew

Here's a couple of threads that might be of interest.  https://www.propertyinvesting.com/forums/property-investing/help-needed/4333713https://www.propertyinvesting.com/forums/property-investing/value-adding/4328993There are more posts on this topic if you search under "rooming house" and "boarding house".  Hope this helps.Andrew

Hi NR,I think it will be temporary as well.  How long temproary is I'm not sure (short to medium term is my guess. 12-18-24 months?).  Two things I believe is that 1) Australia is a solidly performing economy with interest rates significantly higher than the US.  This will keep a tendency for the AUD to remain higher.   2) given Australia has a hi…[Read more]

Hi BB,You mention about some investors slipping through a few low ball offers.  What sort of discount off the asking price are you talking about?  Just after a bit of perspective.AndrewPS.  I have been reading this thread from the beginning and it has been great to follow.  Thanks for the awesome contribution to the site.

Hi Frankston Fella,Welcome to the forums!I've only leased to individuals/families so can't tell you much about the logistics of a share house.  However, a common theme on these forums about this type of investment is there is some difficulty getting insurance.  If you search the site you should find more information about this.Andrew

Hi Cath,Thanks for your post it was an interesting read.  I appreciate it when people post about the challenges they faced with an investment.  It sounds like you've kept a really healthy attitude through those times.  Well done!  I wish you luck in your future investments.Andrew

Thanks for the that Richard.  Very helpful.Andrew

Hi Richard,I am in a similar position and may be turning my PPOR into a rental next year.  How can spouses be of use?  Is it by transferring into one name?  I'm in Victoria where I think Stamp Duty is waived when property is transferred between spouses.Andrew

I like a part in the article where they present a supposedly informed group of experts … "The U.K. and Australian housing bubbles may be unimportant to U.S. investors, but to bubble historians they look extraordinary."I'd never heard of a 'bubble historian' before!  I'm so sheltered.Although things are softening I dont think anything is going…[Read more]

Thanks Mike.The report was great.  Really appreciate it.Andrew