Do you mean selling properties for others Tamara? Because you are allowed to sell your own property without a licence aren’t you?

On this note, how many developers, or investors in Australia get there licence? Are there advantages/disadvantages?

Is that what you offer as a service Jayman? As in your business sets up bank accounts and the LLC’s and stuff?

With dealing with sellers, I am not just looking to buy a retail priced property and rent it out. I am looking for some savvy quick profits to build up cashflow right now to then invest more in buy and holds. But I am not all that comfortable until I have done all of my own research also. For example I am in with a group called BuyPd, they have been around a few years, sell fully vetted properties/land/deeds. But I still wouldn’t let them just say ‘here this land will grow in value’ unless I researched the block and the area myself extensively and was sure that I would choose that area. But then if I am doing all of that myself, I might as well go and buy below retail myself also. If that makes sense?

• This reply was modified 10 years ago by  Freedom.

I guess we are a bit eager because we have certainly invested a huge amount of hours, and a lot of money so far (for our standards I mean, probably peanuts to some). We are itching to get cracking and make some money back. We are sensible though, and that is why the hours are being put in, as we are studying, and living and breathing all of this, and tyring to learn as much as we can. So we are asking questions wherever we can to learn more, and I thank all who have been so helpful so far.

Thanks Jayman. I think I am probably the most impatient investor, or is that motivated??? Thankfully I am also sensible. But I am so raring to go, and while I totally understand that success in this is based primarily on relationships, I am finding it hard to be patient :-)

What are your best suggestions for gathering that team from afar Nigel?

HuMungus, what types of investments are you doing over there presently, or are you just starting?

Oh I am so jealous of your position!!! Although I built my first home at 18yo, I didn’t find the teachers or methods to show me how to go ahead and make the money I could have made. In my defence there wasn’t really the internet like there is now. But I came back to start back into Real Estate after having children and using up our funds. Tough position. If I could do then what I started doing later, my whole life would have been different. Will love to hear what you end up doing! If it were me, I’d re develop my block as you were mentioning, just to start.

There is always opportunity in a volatile market like USA isn’t there? Just which strategy to use changes depending on where the market is in the area you are working in.