Hi Dom,

Did you find an outright positive cashflow property, or was there something you had to do to that property?

It would be great if you could share a bit of your experience in Frankston, as I recently went there to have a look myself.

[exhappy]

Hi Michael,

Thanks for the input. Is there any other way besides having to pay the REIA for it? eg extracting data from ABS or Department of Housing etc.

I called around a couple real estate agents today to test out how much they knew about the vacancy rates and average rental yield of their areas – some were knowledgable, but there was one…[Read more]

Hi Simon,

I have heard a few things about the Jenman system, both good and bad. I have read his book “Real Estate Mistakes”, and got a few tips out of it. I guess it really depends on the situation and where it is appropriate.

The reason he is selling is so that he can free up cash to purchase an apartment overseas, where he lives.

My concern…[Read more]

Hi Jaffasot,

Thanks for taking the time to show us how you went about putting the numbers together. Appreciate it

Just a few questions thought.
– Do you have to consider property management fees in the calculation? Do you just assume that since the property is already tenanted you will not require a property manager in this instance?

– When…[Read more]

Hi Jaffasoft,

Sounds good

When you said 10% and 14% returns, do you consider the cash return only or do you also include the capital gains in that calculation.

Thanks!

Jeremy

hi Simon,

Tas is one of the places I am looking out for at the moment. NSW seems so overvalued and expensive. And as this will be my first IP, I want to get my foot in the door by investing small to begin with.

Thanks Terry for the tip.

You guys know any building inspectors there or Quantity Surveyors?