Please enlighten me. What happened?

Dan the Man,

Are you living in Parra region. Me too!
There’s a site selling for $700K on Kissing Point Rd, Dundas.

What I learn is that building a business with a viable and profitable system is the way to generate cashflow for buying IPs as well as the quickest way to be rich.

Concur with M&K,

That’s why we shoud read widely and think through what we read.

Thanks SuperTed.

‘Express’ will enquire on that. Perhaps, I can subscribe it.

I just wonder…

Do you guys actually work?

SuperTed,

Cool. I am learning to invest and trade shares. Got myself the Shares magazine to get a feel of the market.

Recently, I attended the Safety in the Market seminar and they are selling a course plus software to educate investors and traders.

Do you think it’s worth the money to do that or just read books on my own?

SuperTed,

Thanks for the comments.

I had a look at San Remo and it’s a decent sized house. There are offers around $265K for it and yet the vendor rejects it. Good luck to the vendor.

There are run down properties that are around the price range I am looking for and of course, the bargaining…

If it’s there, great. If it’s not, I don’t worry…[Read more]

Hi Mike,

The prices of houses we are only interested in are between $200-250K

We want the land and a decent house, that can be improved.

Brother Steve,

Great book and was really nice to know that you are a practising Christian and the testimonies really shine.

We can do so much to reduce risks and increase wealth but I believe God is teaching us to be good stewards, and use wealth to do good.

Good on ya brother.
We need integrity in the market…desperately.

Hi all,

I just got back from CC last night and the weekend was aweseome.

The lifestyle there is quite different in general. Laid back I guess.

I had a look at San Remo, Buff Point and Budgewoi and have known a few nice RE agents.
They sent me on a education tour around the area and I must say that has been helpful.

I have put myself on the…[Read more]

Jstuart,

There’s always risks involved in any kind of investment. Only you know your own risk tolerance level and we try to minimise risks, that’s the best we can do. We can wipe them out completely.

So before taking on more debt, think about contingency plans or recovery plans.

Hi all (Red, Michael & Motivated)

I’m so excited about going up to the coast tomorrow. I plan to drop into a few agents in selected suburbs and hope to inspect a few potential ones around.

If you have another tips like:
flood history
crime rate
commission housing
bushfire prone areas…

I will finish up work here at 5pm…pls speed your reply…[Read more]

Red,

Can I contact u and who knows if I find good ones, I can let u know when i return.

Red,

Maybe we can chat about this cos I am going up this Friday…can’t wait.

We look for neglected houses to renovate and if it’s not worth our while, we will not buy it…but no harm looking around.

I think Newcastle will be great too.

Hey Michael,

thanks for the tip. I really need to look at the local areas on the ground. Can’t get a feel of it via internet.

We do go to CC from time to time but it never occur to us that we can buy IP up there.

Also, we are interested in buying properties to rent out to students in Newcastle.
Any good info to share?

Thanks Michael.

Motivated. Pls email me and I will contact you re: properties in CC.

I will be coming up on Friday morning but will visit some friends first in Gosford/Wyoming.

Hi Motivated,

I am primarily looking for suburbs that are close to the waters (5-10 mins walk) or near the lake.

Pls comment on this if you can:

Kincumber
Erina
Berkeley Vale
Lake Munmorah
San Remo

My email is lawrenceliew@hotmail.com

Thanks Michael.

Finance is all ready and we just need to find the right one with potential in value, and pick up the contract and work on it.

Do you live in Sydney?

How’s the rent in Maitland, especially the one you own and refinaced now?

Daretotry,

I am coming up to Central Coast and have narrowed myself some possible targets around the $200K mark. I aim to renovate and rent it out.

What do you think?
Is it still worth looking at Central Coast or Newcastle? How’s the rent like in Central Coast or Berkeley Vale? I am looking at San Remo or Lake Mumnorah?

You can email me at…[Read more]