Jpcashflow replied to the topic Property in Mortgagee Reposession!! in the forum Creative Investing 12 years ago
Hi
I used to sell a number of homes for a BANK (cant mention who) in the Werribee area (Melbourne), Most banks will elect a local agent or vendor advocate to sell the home on their behalf.
Just be aware that allot of the homes that are controlled by the bank usually achieve a high price because of the amount of interest they get.EG: This year a…[Read more]
Jpcashflow replied to the topic Greener than Kermit in the forum Help Needed! 12 years ago
Hi ray
the best thing to do is get an accountant to look at your figuresJpcashflow replied to the topic What is your biggest struggle or challenge when buying an IP? in the forum Help Needed! 12 years ago
Hi Shell,
Totally agree but I think if you look at most industries and occupations, you will find their are lazy people every where.
I guess this is why some people get far in life and some simply don't.I know allot of agents who dont return calls "etc" but if you want the home just hunt it down…
Jpcashflow replied to the topic What is your biggest struggle or challenge when buying an IP? in the forum Help Needed! 12 years ago
Thanks for the feed back guys
Jpcashflow replied to the topic What is your biggest struggle or challenge when buying an IP? in the forum Help Needed! 12 years ago
Why such long hours? Because most people work and the only time they get a chance to sign contracts or let some one view a home is after hours.
You need a new agent!!!
Jpcashflow replied to the topic What is your biggest struggle or challenge when buying an IP? in the forum Help Needed! 12 years ago
Why such long hours? Because most people work and the only time they get a chance to sign contracts or let some one view a home is after hours.
You need a new agent!!!
Jpcashflow replied to the topic What is your biggest struggle or challenge when buying an IP? in the forum Help Needed! 12 years ago
That is a good point Jamie,
It’s also a mechanism of fear, scared to commit or do a mistake
But I think in life their so many options that people are just confused,.
Jpcashflow replied to the topic RBA meeting Tom. What r they gonna do?? in the forum Finance 12 years ago
It will drop by .25 points
Jpcashflow replied to the topic What is your biggest struggle or challenge when buying an IP? in the forum Help Needed! 12 years ago
I have but my wife would kill me, the amount of hours lol
I love what info for a living now but I always find time for some thing else
the standard of most agents is very poorJpcashflow replied to the topic What is your biggest struggle or challenge when buying an IP? in the forum Help Needed! 12 years ago
Hi joe
possibly as a side project but working with certain people who are experienced in certain fieldsJpcashflow replied to the topic Greener than Kermit in the forum Help Needed! 12 years ago
Hi Jewel,
I have only done three RENO deals and let me tell you I still get uncomfortable at times, To me this is very important, I usually perform better when I am nervous or uncomfortable.
With costing the best way to learn is to do it on paper, Look at a few houses on the market and take some photos of your own.
Once you print your photos,…[Read more]
Jpcashflow replied to the topic Greener than Kermit in the forum Help Needed! 12 years ago
Hi Jewell,
Well thank you very much for your positive reply, I was working in the real estate industry at the time and I spent almost 8 month’s finding the deal.
To get a “bargain” is becoming more difficult day by the day because there are allot of people who are looking for these deals as well.I think you need to find a motive for why the…[Read more]
Jpcashflow replied to the topic Greener than Kermit in the forum Help Needed! 12 years ago
Hi Jewel,
Good luck with your venture and if you need anything were all here to help.My wife and I (I was working in real estate at the time) did our first RENO project last year, We settled in our IP on JAN 2011 and we sold the property in JULY 2011.
Our net profit was 20K after all expenses, taxes, reno, agent fees, settlement "etc".The…[Read more]
Jpcashflow replied to the topic Greener than Kermit in the forum Help Needed! 12 years ago
Hi Jewel,
Good luck with your venture and if you need anything were all here to help.My wife and I (I was working in real estate at the time) did our first RENO project last year, We settled in our IP on JAN 2011 and we sold the property in JULY 2011.
Our net profit was 20K after all expenses, taxes, reno, agent fees, settlement "etc".The…[Read more]
Jpcashflow replied to the topic BUYERS ADVOCATES in the forum Help Needed! 12 years ago
Hi Nigel,
Great post!!!
I remember when I was working with a real estate firm in Werribee, I had allot of Buyers agents come in and try and find a deal for their client.
Some buyer advocates where very good but allot of the buyers I knew had very bad experiences.The first thing I used to ask a buyer agent was this, Have you ever worked as a…[Read more]
Jpcashflow replied to the topic Which countries can australians buy property in the forum Overseas Deals 12 years, 1 month ago
We bought a house in chile, well my wife did before she met me lol
we are planning to go to chile next year and buy a couple of properties
The returns are 8% to 9% and of course there is some riskFor me the Oz market is really flat, returns are not crash hot and increasing cost such as insurance, rates etc are far overtaking the retina
Jpcashflow replied to the topic Career Decision Help (Please) in the forum Hi, 12 years, 1 month ago
Hi,
I reckon the best way to learn is to do some part time leg work with an agent on a saturday. Before I did real estate i spent 4 saturdays going to opens with an agent (not selling ).
Matthew are you also talkin about Brian Mark real estate or a GENMEN agent?
Jpcashflow replied to the topic Career Decision Help (Please) in the forum Help Needed! 12 years, 1 month ago
Hi
i used to work for hocking Stuart for three years, I was ranked top 50 agent out of 600 and I was ranked top four in the werriber area.
Very hard work and yes long hours, bit of you want to succeed in anything in life hard work will always be needed.
Even in good times real estate was a hard game, sure it was easy to sell a home but very…[Read more]Jpcashflow replied to the topic RE: Melbourne, Australia in the forum Overseas Deals 12 years, 1 month ago
Hi Nigel,
I have to agree with you on all comments, The market is quiet slow in melbourne, Every 2nd week I go to a few opens and even conduct a couple of opens my self for a real estate firm i used to work, Just to keep a grip on the market.
The last three months the number of people comming to opens around various areas has been very slow.
I…[Read more]Jpcashflow replied to the topic Any one ever buy a property in chile? in the forum Overseas Deals 12 years, 1 month ago
Kif inti Joey
i looked at Malta as well returns are not that great but good returns in the future- Load More