I would work on laying down a savings plan and a goal of how much you will save by 6 month, 12 months and work on the budget to cut back on everything you can including different mobile hone plans, bills, bank account fees etc etc every little thing and start from day one TODAY. Write in down on a goal today. Pin it up on the wall show mum and…[Read more]
The house does not look to bad on appearances. It’s not a very clear photo though. Looks like the fence could do with replacing that’s the first thing that came to mind and not sure about how necessary that tree is.
If you we’re going to do something to the house front then maybe a tidy up with a new paint or just touch up paint around the edges,…[Read more]
I’m looking at deals that will rent positive cash flow from day one. Secured one and the other needs work til +cf, there also one’s that can be renovated and sold at anytime when ready.
If they are houses that are renovated and all done to the last finishing touches then agent are confident of buyers in the 140k-200k range. Least that’s what’s…[Read more]
It's an idea that can happen…if you needed to know that for re-assurance. And keeping it in simple form. I would;Negotiate the buy in price and terms as best you can i.e long settlement terms, excess early to perhaps renovate the existing property to add value and or to increase rental return.A corner block might be advantageous as it ia better…[Read more]
Thanks mate we're getting there. I need to give the site a bit more time to get organized as it was made in a rush because of a few renovations and some other things that have taken priority.
Hi Adrian and AmberI like your web site. Unfortunately i could not get the audio to work. Anyway my question was…is 'Joint Ventures Made Simple' a book to read?50/50 was the general norm I thought. But I have also heard of a simple percentage back for there money invested. i.e. 20k over six months for 15-20% return.I would suggest if going the…[Read more]
Just add me to:Skype:jaffasoft MSN:jaffasoft Yahoo Messenger:jaffasoft2I say download and install Skype.com because then you can ring up and talk for free pc-to-pc if need be sometimes as well as chat.I'm not actually in those areas but I'm a traveling man .
I am doing one deal a.t.m that will make 25k and yesterday signed on another deal that will make i think up to 30-40k. I have another one on the radar but have not done much if any research on at all but these are in regional towns Victoria.
I never have a problem finding deals it’s always the problem of how to fund them. And then when it’s…[Read more]
Hi, Hopefully QLD007 can give you the specifics on that. CGT can vary but they say in general you should not pay more then 30% in the dollar. So therefor can depend on the trust structure, time before selling, PPOR (Principle Place of Residence) etc. QLD007 is better qualified to answer these questions. But this place might be able to help fu…[Read more]
If your not seeing a profit in the numbers after a feasibility study and due diligence of the project then it's good that you have been able to recognize that. But when you do see a profit that is enough for you to want to pursue it then…have a go. Something small to start off with is probably the go and don't aim for an ego trip and think that…[Read more]
I would have little doubt that it is a good thing to buy particularly if you know little about renovations and need guidance. I think also you would probably need to keep looking for a property that fits the criteria. Looking through and crunching the numbers is all part of identifying the right deal when it comes along. You develop a filter and…[Read more]
Thanks Matt007 for the post it's a rare one and genuine! Take youself back and have a little rest then get restored and don't think about things to much. Then when you find that honest person it will be all worth it. http://youtube.com/watch?v=L-p2sbt_C4w
>>Would you have a copy of that issue?<<No I don't have a copy sorry! I stopped buying API a while ago. I'm sure there is a few in here that would have it though and might be able to give you a run down on what the article was about.
I would contact the owners anyway. As if you find one that you do like and on the market then I often heard of people putting together a deal this way.They want you to find the home YOU want. It all works out better if you get what you want.