I may be able to help.Drop me a line [email protected]

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Hi I am new to the +properties scene and live in Sydney. I know it is virtually impossible to find a +property in Sydney. But where in the regional area’s do you look. Anybody got advice?[:X]

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I may be able to help. Drop me a line [email protected]

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Jasonv,

Do you have any idea of WHERE in Brisbane your friend has found positive cashflow…. None of the properties I have looked at have come anywhere near it. Being a Brisbane-boy myself I’m very curious[?]

drop me a line [email protected] with your contact details and she will call you and tell you.

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Sounds to me like you need a partnership arrangement. You have the equity which can be used as a deposit and there are hundreds of people out there who have good income to make repayments but don’t have a deposit. I think you could find a few on this site, the trick is to get their attention in the subject part of the post, and somwhow show whats in it for them. i.e. “Deposit available, partner needed to make repayments on ip” something like that. Good luck.

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Jasonv

She can contact me. Thanks.

M

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Here name is Robyn Woodford, leave your phone contact details at [email protected]. Thanks.

Have you considered doing an option to buy. There’s plenty of info on this site, but basically if you find a house for sale you can put down (for e.g.) $10,000 to have the option to buy the property at todays price in (for e.g.) six months.

Lets say the house is worth $200,000 now, in six months the house may be worth $250,000 from capital growth but you still have the option to buy it for $200,000.

Now, what if you can’t get your hands on $200,000?? Well, what you can do is sell your option to buy. The contract that was drawn up that cost you $10,000 is now going to be worth much more. You need to find a buyer and say ” I have an option to buy a $250,000 property for $200,000 and I’m willing to sell that option to you for say $40,000.

Outcome, original seller gets $10,000 above his asking price, you make a $30,000 profit and the new buyer gets a property for $10,000 less than market view.

Of course, this has been simplified but that is the basic concept.

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Thanks for your replys,
I live in Sydney now, and have to stay here for work for the time being, so if a bought PPOR, it would have to be in the sydney area, and obviously I won’t get a cheap one here. I have read Steve’s book and found it very inspirational, and I am keen to get started.
I understand that the FHOG may not be around forever, and I don’t want regret my decision now.
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If you would consider buying +ve cash flow properties in brisbane drop me a line [email protected] – jason

Hello,

My name is Jason. I know an agent who specialises in positive cash flow, but paper loss property (using depreciation etc) in Brisbane/Gold Coast area. I will say that I get a referral fee from her, so I wont be asking for a finders fee. If you would like her to contact you, drop me a line [email protected]. If not, good luck with your investing.

Jason Vearing

I found a book called “I sold 22 homes in one day”. There is an article that says, it is an offence to receive a fee for carrying out the services of an estate agent if you are unlicenced ($3000.00). However, if you pass on information, without performing the services of an agent, and receive a fee, that is acceptable. Bear in mind that author of this book is based in Perth.