Anytime guys,

One of the biggest things I have learnt is not under valuing yourself and believing that something is possible or can happen.

If you don’t you will shut your mind off to that and miss the opportunity. I know this may seem trivial but I assure you, the more I believe I am worth and work for that, the better outcome and results I…[Read more]

Restudied the property,

for exacts and scope last night Aaron,

So purchase 120, spend 45k to turn to a property renting for $310 per week thats

165k over $16120 PA = ROI of 9.76% not bad.

plus the revaluation will be $250ish

So why sell? you now built 80-100k in extra equity in 2-5 months (if the market does not change), a positive cash flow…[Read more]

Jaya I would lastly like to add, you get what you pay for.

Seek a really good Financial planner, or specialised real estate agent/broker that understands property investing.

They may cost but if they earn/save you tens if not hundreds of thosands then thats money well spent.

Mate firstly what is something worth?
the answer; what someone is willing to pay. simple.

If your getting someone who is happy to pay that and they see value, then thats a good deal for them, someone else may says its a rip off but if your tenant is happy thats all that matters.

the main thing is the structure of the agreement, make sure your…[Read more]

Hey David,

I have the read the last few posts you put and it explained a lot, you have a fair understanding of creatively and smartley moving forward and trying to find the right options that fit your mould, I would like to state there are straight forward deals that I am guessing are within your limits e.g.

Found property west brisbane (logan)…[Read more]

Mate,

What do you think will work better, telling the bank you want a better rate, or arming yourself with loans that fit you and coming back stating that you have approval going through for 3.7% with XXXX

when I am threatened I like to see the gun to my head not a hand.

I would suggest getting as many opinions as possible, sussing out a deal…[Read more]

Hey ButchCassidy,

Welcome to the forum, now sounds like you got yourself to a really great position and really are unsure on seemingly a stack of different avenues, I would firstly like to offer to have a chat and I can answer any questions you have in a fair amount of detail, Im a qualifed Financial planner, Mortgage broker and real estate agent…[Read more]

Hobartchic I was going to just leave this, then it dawned on me you might find this thought useful.

$100,000 for retirement can it be done? sure, of course, but very tightly and with a lot of restrictions.

now lets say your 70 and live till 90 thats 20 years. will 100k last 20 years to survive? rates and insurances will eat that up.

But lets…[Read more]

I agree a lot with NICK/CREATIVEINVESTMENT

but I would say Regional just needs to be studied prior, not avoided but you will be safer(whatever that means haha) staying away from places that have one large driving sector such as mining/farming, a diverse economy that isnt based off Coal prices or etc.

I think the huge thing is, there is a…[Read more]

I would like to point out the value in Kylie’s statement.

Due diligence

Due diligence

Due diligence

I would guess you are at the start of this and gaining information to arm yourself, firstly look for one in your area in the same zoning that has been done, if not contact your local planning office and have a big big chat, try a few times…[Read more]

Mate there are so many aspects, consult a Private certifer or Town planning specialist in your area. there help in this first one is going to be massive, it can get appealed to court, there are soil tests, engineering reports and a multitude of other aspects, each that cost money and time and energy. its not a small task and takes time and a lot…[Read more]

Hey Heather,

Welcome to the page, lots of really well versed minds on here.

Firstly I would like to say your maybe not looking at this in the best way, when you say $400,000 and melbz, my town etc. if you could buy a 100 properties for free that had enough money for 10 lifetimes wouldnt that be incredible!
my point is, its the specifics of the…[Read more]

If it suits your need its fine,

there are other strategies that I think bear more options/cashflow/gain but Its not a bad idea.

Especially if you could get a large block/corner block (depending on that councils planning leg) build on one side, leave the other side to build granny flat/sub div/etc

Could be smart.

Everything is speculation and then implementation….

And Also it was strategic none the less, we create things, if I invent time travel to make money I am speculating it will be profitable, everything is speculation until it is done. Nothing is guaranteed except for Death and Tax’s.

47 Taywood Drive Wanneroo WA. Paid 375k, stand to make 320-340k for subdivision and selling off each of the three lots individually??

283 Morley Drive east Lockridge WA. Paid 375k. Getting $600 per week rent. Once settled we will be subdividing off the Granny flat to return all capital. how would selling the granny flat return all capital? is it…[Read more]

Ok so you could do a real estate course,online they aren’t overly expensive.

But a Cma is a process you should be able to work out for yourself.
Study
-past sales in area that are similar (sold)
-what’s on market
-sale frequency
-then look at what your property has to offer etc

Instead of looking at two properties you look at one. Then…[Read more]

Corey how would you answer the question then?

Any tips and specifics to find deals?

Because the ones I listed above have helped me. And you only need 1 deal at a time (to start with) that is under valued not every single one, so I would agree there are some of the issues you mentioned but deals go through everyday that are under valued.

There was a reason, it may be a reason that is different for each person, but their is a reason for everything happening, for e.g. I have no idea why, but maybe a few of the families moved there when it was cheap, then their friends and family didnt mind the area, then a developer got wind and realised he could build it to target that demographic…[Read more]

do a stack of google searchs for pdf books to read, read Steve mcknights book, watch videos, go look for yourself and start putting energy into finding what you want

100% agree Jamie.

but I like the statement

“Do what you can, with what you have”