cool thanks for that I just had a look at his sight and I will contact him later in the week to see what he has to offerThanks

Hi JasThanks for the reply well said.I mainly focus on buying established properties but I go where ever I see good profits to be made.I shall try find some people with money to spare, most the people I know already know how to turn $1 into $2 but I will look further afeild.Is there any good companies around that already have there hands on…[Read more]

interesting question tho,I have been thinking of this as well but I will put up 20% to 30% as the deposit on a propertybut what would a private investor charge in the way of interest?And how would you find a private investor?The reason I am interested in this is not because I can't borrow money from banks but more for the fact that If I can find…[Read more]

I think it comes down to the person, rather than the equity you have.I know for a fact you can stop working with next to no equity I also know you can have next to no income and also live.Like I said it comes down to the person.I've done it and I sometimes still do it I also have a mate that does the same thingThere's no point in me explaining…[Read more]

This makes sense

TCLinvestments wrote:
This is a very interesting toptic. I have been pondering this myself for a while. HOW MUCH DO I NEED TO LIVE?? From month to month, day to day?? all expenses need to be covered, like car payments, maintaining a household, having one to two children, maybe take a holiday every year etc. How much does one…[Read more]

I don't have any problem getting loans, I need it for another reason

Thanks Richard,Anyone else have one

Richard or Terry, would you know where to get a ABN that is registered to a company and that has been running for a while.maybe you have a client that may want to dispose of one?

Terry, dnh83 might take a diary note of the advise you gave. that would not be good if he gets auditeddnh83, I always pay by cheque but if i pay cash i want a receipt, its upto them if they do not put the money threw the system but thats not your problem you have a receipt you done it correctly, you payed cash to get a slightly cheaper deal but…[Read more]

Thanks Scott, I uploaded rentmaster and it was good but my computer went realy slow, is there another one I can upload or is there away around having rentmaster and making my computer stay at the same speed. Thanks

Have you counter offered yet? if not he will pay $550k and settle in 6 weeks. thats my thoughts anyway, its less than $10k extra per unit to him.Play ball with him and see how far he will go, but don't muck around thinking to long, he's in the game to do fast and quick deals and make money.thats my thoughts anyway

thanks

nats12 have you tryed tiling before? you get sore knees and the work soxs and you also get cuts all over your hands, so $50 per hour is chump change, and so is a turn over of $100k a year.Jebro, give it a go as 6.3m is not much, you may want to wear gloves and also you may want to buy an electric tile cutter, they work better than angle grinders.…[Read more]

so your outlay will be 180k x 2 = $360k plus purchase price $520k total $880k plus hiddin costs sale price $525k each total $1m50k less fees profit less than $100kI would be running a mileyou would want to be buying that block for around $300k then it will make it worth it if I have to do work to a property i want 30% return or 20% if theres no or…[Read more]

Thanks Scott I will look into it.

Thanks Scott, I thought this would be the case.plus I don't think there is a S317AE certificate, will this be a problem?I went to council yesterday and the doupy bugga said it was 50sqm per car and also said well it can only have 1 tenant but I think he was fresh out of school and does not know what he is talking aboutI know I could not repeat a…[Read more]

okay how about a free site with software where i can keep each property upto date with $ spent per building also where it can let me know when rent is due and also when a lease will be expiring etc

[/quote] My properties are worth btw 250-450k. Not too low nothing too high. I am trying to get the rent up on all of these properties. There is a difference in my mind btw retiring and being financially free. I want to have the choice to go to work. I want the bennefit of going to work becos I like the activity not becos i need the paycheck. That…[Read more]

I only study the Qld market and nz market but for the above I am talking about Qld

well said dwolf.FHB would of needed a good size deposit last year, something around 20% I would have thought so this means that if they paid say $400k thats $80k deposit if properties drop 10% then i guess there $40k outa pocket but even with this they should still be okay as there mortage should only be around lets say 6% $369 pw, thats ok. it…[Read more]