I believe he is trying to keep the tyre kickers out. But as Amy White said, what are your main goals for the future relating to property. Secondly, have you spoken to Steve McKnight personal ( or current students) as I know he is very approachable if asked the correct questions in the correct way. You never know if you never ask.
I would rather spend a little of money & learn the right way, instead of making a mistake a the important end & cost me whole lot more. Anyway I am not concerned that I do not know it all as I am learning to be a investor in property with least path to resistance getting to my financial goal I have planned for our family.
i use APM as part my research @ the early stage of the due diligence stage. It is a trigger for me only to validate further inspection on the property. Hope this helps.
some might say you have been sighting the sun to long , but agree a on a lot of what you have said in your post. It takes more than just buy & holds in this market/climate. 5 % yields per year will not get me out of bed I am sorry.
with a name like that, says it all. I think you you need to read Jordan 1 st post again & I am pretty sure he is just starting out so think would have the minimal experience in the course to real advice on it. I have almost competed the course & I would say it is sound foundation in starting anyone's portfolio needs ( big or small)…[Read more]
Dean Parker has hit the nail on the head(haha). It is true in what is required in Queensland.
i was introduced to the this man through Steve McKnight. Dean ( & Elise) is a very successful person in what has done in Victoria & Queensland. He has a very systematic & streamline style of work( I spouse that comes from his IT back ground) if…[Read more]
Dean Parker has hit the nail on the head(haha). It is true in what is required in Queensland.
i was introduced to the this man through Steven McKnight. Dean ( & Elise) is a very successful person in what has done in Victoria & Queensland. He has a very systematic & streamline style of work( I spouse that comes from his IT back ground) if…[Read more]
i agree with you in regards people to understand the strategy they are selecting& work there way backwards in what they can afford, work out what the medium price in that area & what is realistic return on the property( always include worst case in regards to 48-50 weeks tenanted )
always due diligence on all aspects of we're the…[Read more]
as Jamie M has commented that your solicitor will have write this up in the contract & vendor will have to agree on it. Most times it can work out your favour in regards to controlling the property not owning & still conducting the work that is required to complete which can have a big saving in regards to holding cost. If you have…[Read more]
Hi taxdiva,I had purchased in the Nogoa Rise estate in 2009 which was well & truely dry. The Vines estate & I beleive Mayfair. A new estate called Blue Gums estate only had 2 house go under in the 2008 & then in 2010 the whole estate (30+ homes) went under. I would not build or by in Mayfair as you will see when you drive down the main road (bl…[Read more]
Hi mkendra, I used regional insurance brokers in Emerald who use vero policy. I have alos found BOQ sell the Vero policy on there behare. BOQ seam to do a mean deal. Let me know if i Vcan supply direct conatct with BOQ which would love to help.Lefty
How much did you pay for ur rural view property & how old is it? Who is ur PM? Is it a company or individual on he lease? Is this a 4 bedroom/ 2 bathroom/ dlug? Did you have do anything special to achieve the $ 700 pw.?
I would not touch one of these deals as your return is restricted & there are high costs involved. There are better strategies out there that you can get better return on for money for value. As you suggested your self you reliant on one thing & that is capital appreciation has to increase for you to gain we’re you would be better to…[Read more]
I use regional insurance brokers who use vero policy (sister company of suncorp). You wil find you will get the same cover with vero as you will with suncorp, but half the price. You will expect to pay higher insurance if you are in flood area( higher risk equals higher fee)
Make sure you read through the policy terms to make sure it…[Read more]