JhaiMitchell replied to the topic Using Facebook for Lead Generation in the forum Creative Investing 11 years, 3 months ago
I specialise in Internet marketing for real estate agents and this is a very complex topic if you want to go hard on generating leads online.
I've wrote an article for Real Estate Business http://www.rebonline.com.au/blog/6718-jhai-mitchell-how-to-generate-leads-from-social-media-marketing-indirectly to help real estate agents understand this…[Read more]
JhaiMitchell replied to the topic Sub division costs in the forum Value Adding 11 years, 3 months ago
I recommend you invest your time in calling and is looking up the costs. It is best to get as accurate as possible even in the do diligence phase rather than settling for a rule of thumb. When you're looking at something This size you have to be even more diligent with the numbers.
Costs will range from council the council and you will be…[Read more]
JhaiMitchell replied to the topic Resale Value in the forum Value Adding 11 years, 3 months ago
I find RP data helps along with this and you can pull out all the prices you want to get more detail. Just keep in mind most of RP data is out when it comes to the square meters of a property.
JhaiMitchell replied to the topic Teenage retreats and granny flats in the forum Creative Investing 11 years, 3 months ago
I am currently getting $290 per week for my granny flat you might as well not call it a granny flat it is pretty much a self-contained unit. This is more attractive the renting a unit because I've sectioned off the backyard to give the tenants their own privacy.
Also there is no stairs and the property is only been shared with one house and…[Read more]
JhaiMitchell replied to the topic What first: PPOR or investment? in the forum Help Needed! 11 years, 3 months ago
we have done exactly what Jamie has suggested.
Now we are sitting on $100,000 worth of equity and about to buy our second property after one year. We should be able to buy a third property next year.
JhaiMitchell replied to the topic Property Cycle at the moment in the forum General Property 11 years, 4 months ago
I see many people commenting on forums saying “Sydney as a whole is way overpriced for what is selling” and "Sydney house prices are depressing…"
Where we all want to live, well most of us!
I can sympathise that most people simply want the commute between work and home to be shorter, but these days we also want a great school for our…[Read more]
JhaiMitchell replied to the topic Property Bloom in the forum General Property 11 years, 4 months ago
I have not had any dealing with her, but her book is fantastic. I sounds like she really knows her stuff.
JhaiMitchell replied to the topic How to pick a location worth investing in? in the forum Help Needed! 11 years, 6 months ago
If you have a "10/20 years time" out look and you really want to make sure you lock in that capital gain.
you can do this 2 ways;
1) Ad a higher or better use to the property/land (renovation/build)
2) Do your due diligence and focus on local InfrastructureI break it down how Infrastructure leads to property growth in my article about…[Read more]
JhaiMitchell replied to the topic How to deal with real estate agents in the forum Creative Investing 11 years, 6 months ago
This think the key to unlocking the code to getting in with us Real Estate Agents is to show us how we can keep our commission when putting together a sale with a problem property.
1) If you can do this and make it a simple to understand process
2) find a solicitor that will help move the whole thing along with out killing the saleI think you…[Read more]
JhaiMitchell replied to the topic How to deal with real estate agents in the forum Creative Investing 11 years, 6 months ago
You will probably want to go on RP data and look at Days On Market and double check that they have sold if not dork knock them or direct mail them! that should get you on the right track.
JhaiMitchell replied to the topic How to deal with real estate agents in the forum Creative Investing 11 years, 6 months ago
Can you suggest any Podcasts especially for "Words that Work"? I think "I love Marketing"is a great one!
JhaiMitchell replied to the topic How to deal with real estate agents in the forum Creative Investing 11 years, 6 months ago
Try http://www.gumtree.com.au with the ad. you can specify the location.
JhaiMitchell replied to the topic How to deal with real estate agents in the forum Creative Investing 11 years, 6 months ago
It is so true, and mostly slow at getting contracts together and kill many sales!
Happens every in real estate, it's hard to find a good one.
JhaiMitchell replied to the topic what type of commercial building would you buy in the forum Commercial Property 11 years, 11 months ago
I asked "What is the cheapest, high demand, positive cash flow real estate you have found?" (From james) "Hi , Im pretty much focused on commercial property , theres so many good deals out there . Just before xmas I helped a guy…[Read more]
JhaiMitchell replied to the topic Taking photo during the property inspection in the forum General Property 11 years, 11 months ago
There has been issues in the past were people have taken phones of the security system and been robed after the home open.
JhaiMitchell replied to the topic 1 bedroom unit in the forum General Property 11 years, 11 months ago
TheFinanceShop wrote:
Any restrictions in terms of finance or onselling it? Have you also seen the strata report?Regards
Shahin
They normally have lots of restrictions when it comes to on selling, please look at the fine print.
JhaiMitchell replied to the topic Advise on getting into the property market in the forum Help Needed! 11 years, 11 months ago
ara1234 wrote:
I'm just looking for some advise what to do as i would like to buy my own house and an investment property within in the next year.
just looking for some advise and possible strategies to archive my goal.
Before you sort out all of the loan issues (which sound like you will not have a problem) you need to decide what…[Read more]
JhaiMitchell replied to the topic Negative or positive for high income in the forum Help Needed! 11 years, 11 months ago
Hi Boshie,
This may help.
PLC wrote:
This will allow you to maximise your deductible debt while paying off your non deductible debt quicker, and allowing you to save money for your future PPOR.
On another note, if you are only gone 5 years as you suggest and sell your house when you get back to buy another one then you are eligible for CGT…[Read more]
JhaiMitchell replied to the topic Negative or positive for high income in the forum Help Needed! 11 years, 11 months ago
mkbonline wrote:
I am finding it really difficult to find a positive cash flow property even in Western suburbs of Sydney.
I can't see how you are finding it hard to find positive cash flow property?
I admit it is hard to find one with a 10% yield already built into it.
I find with Western suburbs of Sydney (Toongabbie/Blacktown) you…[Read more]
JhaiMitchell replied to the topic Income Accelerators in the forum Help Needed! 11 years, 11 months ago
Choady wrote:
the discipline of spending less than you earn, always paying yourself first and the art of delayed gratification.To do this effectively you need to budget well, monitor your outgoings and of course, always pay yourself a minimum of 10% (more if able) of your gross earnings and put this aside for long term wealth creation. These…[Read more]
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