You are in control of your financial future. You can engage professional help but if they are hard selling or rushing you then I am hearing alarm bells.

Brett,

Firstly well done for starting your research BEFORE you have signed on the dotted line. This forum and somersoft the other big property forum are two of the best places to get current info from a range of sources. Keep reading and your level of education will rise. This knowledge is what will help you avoid a dud decision.

I have no…[Read more]

Brett,

Firstly well done for starting your research BEFORE you have signed on the dotted line. This forum and somersoft the other big property forum are two of the best places to get current info from a range of sources. Keep reading and your level of education will rise. This knowledge is what will help you avoid a dud decision.

I have no…[Read more]

Brett,

Firstly well done for starting your research BEFORE you have signed on the dotted line. This forum and somersoft the other big property forum are two of the best places to get current info from a range of sources. Keep reading and your level of education will rise. This knowledge is what will help you avoid a dud decision.

I have no…[Read more]

The main thing everyone needs to ask themselves (and the person in front of them!) when taking advice about property:

How does this person get paid?

If you can answer that you will have a better understanding of whether they are a “spruiker” or not, or whether they are there working to help you or the vendor. Remember real estate transactions…[Read more]

The main thing everyone needs to ask themselves (and the person in front of them!) when taking advice about property:

How does this person get paid?

If you can answer that you will have a better understanding of whether they are a “spruiker” or not, or whether they are there working to help you or the vendor. Remember real estate transactions…[Read more]

Your bank may be helpful or unhelpful depending on how the the lending manager feels at the time. If you don’t get the desired response you should threaten to go to another lender. If they don’t then help you should act on your threat and go see a good broker. Jamie is significantly better than the average suburban broker in this regard.

What do you mean by “investment agent”?

Does this mean you have properties to sell?

Are you a general sales agent working with an agency or do you have a block of new development stock to sell?

The answers would depend on what you are selling.

Highway robbery!

On the face of it from your post it sounds like it should be. Check with someone wise in accounting and finance/law. The man above is one of the very best.

I will take it if you still have this. You have a private message.

Waydo there are a few out there, it really depends more on your brief. I have grabbed a few for clients in my time (and 1 or 2 for myself ;) It really comes down to how you define +cf, what measures you are using, what locations you are prepared to consider, and how much work you are prepared to take on (ie reno). Finding cf+ in regional NSW…[Read more]

Cons? The hobbits ruin your suspension when you run them down too often.
Nah its a great part of Sydney. Its just that all the development along the rail corridors is making traffic pretty bad with no major road improvements. My relos don’t even want to drive 3 suburbs across these days as they are getting sick of the congestion on the…[Read more]

I agree with this post completely. Renos can be done in weeks, no council, then sell or reval, higher yield, win win. If you want to sit on something for 18 months anyway then no worries, work on a subdivision after the reno. So in my mind the optimum model here is old house, big block, buy well, reno, rent, reval, hold, subdivide, then hold…[Read more]

Both renovating and subdividing require an investment of effort and time. The reno is obviously much shorter (if sticking to cosmetics only – which you should be doing). The actual work can all be outsourced if you want but the project management is still effort. You can have that managed too if you are really time poor.
Subdividing is a longer…[Read more]

I can’t tell you whether buying in Sydney now or waiting for the next cycle is better. All I can say is I would not be buying in Sydney now, and most of my clients are investing out of Sydney now. There are plenty of growth options that will create some equity in the next 3-5 yrs. Places like Wollongong are already feeling the ripple of growth…[Read more]

Hi Jason,

Im new here so hopefully I don’t offend any regulars with a reply. I grew up in the shire and sea changed down the coast some time ago. Family and business take me back to the shire on a regular basis.

I post regularly on another property forum which I won’t mention as Im still working out the rules here, that sort of thing might be…[Read more]