Sweet, I think from memory u bought in laverenton?

Units are very popular down there good move

Cool if you need a good builder let me know :)

Hey well done
Looks nice:)
The only question I had is even though you have spent 20k + 585 for house if u add stamp duty is it fair enough to day u broke even at least?

Hello,

There are a couple of things to consider for now and the future.
1) call you pm and ensure you will get your bond back .
2) have you got land lord insurance?
3)I would be talking to your pm and see what screening process they have used to get this tenant.
4) 3 week seems odd as most tenants pay on monthly cycles.

G day brad,
well it’s good to see you have moved on. Sales is very tuff out there I’m in sales as well so I understand where u coming from.
I’m only 30 ands I’m in a same situation
i am lucky enough to be overloaded with work which is great but I have a two year solid pla. Where il be doing what I love most.
good luck and keep up the good…[Read more]

Talk to you accountant straight away…
I think you can’t claim a deduction eg negative gearing if you have not received an income on the property.
you may claim some when it was being rented out at that Time.

Hey david
welcome :)
i used used to work in real estate between in the age 0f 24 to 27. I’m 30 know and I returned to the logistics industry (my forte).
i made a very decent income in working in real estate but I was time poor. Always working!!!
I had a share in a rent roll which I recently sold, but the knowledge I have learned is amazing. I can…[Read more]

HI and welcome :)
before you put an offer on any property it is always important to do your due diligences:
1) speak to a lawyer and accountant
2) see a broker ASAP either Jamie or Richard on this site can look at your situation.
Also on the contract have you put a subject to fiancé clause?
 

I recently bought a Mercedes c200, really nice car!!!
my work requires me to drive allot, so I get allot back from tax etc.
My rule is invest hard, work hard and enjoy life.
no point not rewarding your self.

Hi,
This idea, is out in the market place allready, in Christhcurch buildings are being made out of containers and so wil some properties in the future.
Recently a building in melbourne was extended by using containers. By the way it was to extended the QV building.
Keep an I out on this!!!

Hi Mike,

I think there is market for that… Also introduce your self to real estate agents in the area. You will be surprised how many opportunities will present them selves.
The best way to learn is through experince, Message me your details and will keep in touch… Your skillds are handy!!!

Hey mate 
China is slowing down, you should see how bad exports are out if china. In fact 4 major shipping lines will be merging just to stay afloat 

G day mike I'm from Vic my self..
flipping properties in this climate can be difficult… Reason? 
Stamp duty, cost of selling and capital gains tax do eat into your profits.

Have you thought of reviewing your loan portfolio? Maybe talk to a broker like Jamie Moore And see if he can do a health check on your loans 
I have renovated a couple and…[Read more]

Hi Joe and Connolly
Really good questions…..

1) I sold allot of my shares due to do many external factors effecting the  market. China issues, war in Ukraine and earnings falling short for allot of companies
2) why Geelong "etc" doing allot of research in regards to Geelong, both federal and state government are looking at pumping millions into…[Read more]

Hi,

Because you have just built a house for 380K it does not mean its worth 380K it could be more or even less.
The investment property is not rented out as yet? How long has it been vacant for?

Before rushing into another venture, I would suggest you concentrate on this property, As JACM mentioned build a cash buffer in the offset.

Do you live…[Read more]

lol the joys of being a parent!!!

Mate I only sleep 5 to 6 hours a night, that's all I need 

Hi,
Thought id put in my 2 cents worth.

You should be able to do full time work + investing successfully.
We have 24 hours in a day, so if you plan your self in a disciplined manner you can do both.

My example: I wake up at 4am to look at what happened and happening in the USA market (Shares). This usually takes 45 mins…
I start work at 8:30,…[Read more]

Hi
i have seen many of these signs, in fact I called one and said on your sign u will pay any price for any home!!
that was not the case!!! Lol
not to sure what people are trying to achieve out of this it would be great to gwt
some one who has experiences this 

Hi
I’m from Melbourne and I deal with Jamie.
I have just completed loan through him.

I went through him for two reasons:
1) structure was set up to suit my needs not the bank needs
2) he also clearly identified my goals and recommended a loan that suited me

Ps his a good family bloke who puts his family first, such a important trait!!