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  • Profile photo of Maple9Maple9
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    @maple9
    Join Date: 2007
    Post Count: 10
    Profile photo of Maple9Maple9
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    @maple9
    Join Date: 2007
    Post Count: 10

    Thanks Terryw,  that example helped

    Profile photo of Maple9Maple9
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    @maple9
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    Thanks Terryw,

    What would it be for both situations:

    My LVR is above 80%, can i also use guarantors?

    Or my LVR is below 80% after releasing the equity?

    Thanks

    maple9

    Profile photo of Maple9Maple9
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    @maple9
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    Post Count: 10

    Josh, Reading articles on Surat Basin, I didnt want to rely on a town strictly reliant on mining. An article i read from API online regarding about a mine opened up in NT for metals and there was a rush to buy property. When the mine closed because of economic downturn, workers were laid off and investors were left with properties which no one would buy or rent. I think Emerald has a bit more to offer. Sure it will benefit from the new mining projects but it also has sustainability qualities – revitalization of their CBD, agriculture …etc… I have gathered some information of the town from websites and publications but if you have any other info you wish to share, please send them through.

    I will PM you my email address.

    regards,
    Fred.A

    Profile photo of Maple9Maple9
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    @maple9
    Join Date: 2007
    Post Count: 10

    Thanks all for your comments and will take them on board.

    Sapphire101, I did read your blog the other day K.I.S.S (Keep It Simple Stupid). It was great advice and if we do go the route of value-add then we will start off with a small project in the burbs of Melbourne. This will keep our risks small and get our confidence up.
    Once we get our momentum going, we can continue on take on bigger risks as our confidence builds.

    The first obstacle we have is location, location, location….

    Fred.A

    Profile photo of Maple9Maple9
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    @maple9
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    Post Count: 10

    Hi,
    I'm quite new in the investment market as well, (1-2 months) and i've been reading, subscribing, reading forums, websites and all i can say its the best thing i've done so far. I've been to a couple of homes just to get an idea of the process. Although i dont have any IP yet, i do have some knowledge (slow learner) on what can be bought out there.

    I've seen some apratments $100k that are +ve cashflow and homes that are $67k and return $130 per week rent. There was also this one home in NT for $145k return $280 per week. Unfortunately i was a bit late in offering an offer.
     
    I definetly think their out their.

    Cheers,

    maple9 

    Profile photo of Maple9Maple9
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    @maple9
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    Hi Tia,

    Are you looking to sell your home? I'm looking to buy my first CF+ investment property.

    here is my email address: [email protected]

    If it is okay with you, i'm interested to know about the details of your property.

    Please drop me an email.

    Cheers,

    Fred.A

    Profile photo of Maple9Maple9
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    @maple9
    Join Date: 2007
    Post Count: 10

    Hi I just spoke with them and just inquiring on how he system works.
    i know this is an old post but is there anyone else that has dealt with cashflow capital ?

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