Forum Replies Created
Havnt Done that myself as yet… Or I can just go on the hunt for properties myself but the lack of experience in doing one is holding me back as i wouldnt know how to speak with vendors properly etc. Anyone here like to help me out with that?
The 9 hilton rd one is one of my good friends LOL and sold ages ago
Thanks For your Help… I do know ALOT about Rent to Own and Vendor Finance etc as ive done alot of reading on it and got copies of Rick Ottons Course….
No one really does it down here in Hobart so makes it a bit hard.I have done jamie Mcintyre home study and love it…. Basicly shows alot about hte mind set also how to get property and shares working together.. How to protect yourself ni the share market and doing one of his stratagies make 3-5% per month on your money and create cashflow in the share market with very low risk. There are all sorts of courses you can do inside his aswell planetwealth are great people are making around 200% per year with not much risk and again there are things you can do with property to help leverage yourself into the sharemarket and then out of the share market back into property.. ITs brilliant and you get to meet like minded people and network, jus tthrough the networking I will be able to build on land before i have 2 buy it on around 5 different blocks etc so its alot of fun
Cheers
Matt Hooper
i havnt used them personally but know a couple of people who have also Jason the guy who runs it is great at what he does they also only charge a flat fee..
Matt
http://www.mcorp.com.au are great for helping you get investment properties.
Matt
Hi Sarah,
I live in Tassie and i wouldnt bother about investing in places like queenstown.. I would look more in the Norther suberbs of hobart e.g glenorchy, moonah, west moonah, claremont as you can get some good returns there or even go to launceston area..
Matt
Hi Lyndon,
I did check what is included this is it..
Floor: Class M Concrete Slab
Bricks: Selection of CSR PGH Bricks from builders Selected Range
Roof Tiles Selection of CSR Monier Roof Tiles
Heating: Gas Ducted (over 145 M2), Gas wall Furnace (under 145m2)
Electrical: Low Voltage Downlights to living, Kitchen and meals with batten holders elsewhere.
Smoke Detectors: As per plan wired direct
Doors: Front: Matching door to standard Facade Options.
Laundry: Half lite with clear Glazing.
Internal: Flush Panel.
Air Cushion Door stopsCellings & insulation: Ceilling height 8″ CSR Gyprock plaster linings
Insulation: CSR Bradford sisalation, R1.5 batts to wall and R3.5 batts to ceilings.Skirting & Architraves: Medium Desity fibre (MDF) 65 X 18 Colonial
Ceramic tile skirting to bathroom, Ensuite, powder room, toilet and laundry.Kitchen:
Fully lined Interior
Mixer tap: Acqua single lever by caroma dorf
Bench top and all cupboard doors laminate by parbury
walk in pantry with 4 shelves and flush panel hinged door
Oven: Kleenmaid underbench T0300
Hotplate: Kleenmaid RH1X
Dishwasher: Kleenmaid DW19.
Sink: Radiant stainless steel 1 3/4 bowl with basket waste by Caaroma dorfBathroom: Basins: Concorde 500 Vitreeous china with overflow by
Ensuite: caroma dorf
Powder room: Vanity: Fully lined interior with laminate exterior by parbury
Bath: Englefield sorrento to acrylic
Polished edge mirror to full width of vanity bench
Semi Framless shower screens pivot door and clear safety glassLaundry: Trough: 45 litre milena contour.
Taps: Irwell Tasman chrome handles and outlets by caroma dorf
Door Furniture: External: Lanes endevour entrance set
Internal : Lanes Bala passage setToilet-WC: Duel Flush windsor vitreous china pan and cistern by caroma dorf
Robes: Single shelf with chrome hanging rail under a flush paner doors to bedroom 2,3 and 4.
Paint: Washable paint to all internal walls
Semi gloss finish to skirting, architraves and doorsTiles: Ceramic wall and floor tiles from builders selected range to kitchen and wet areas
Energy rating: 5 Star energy rating
So that house there is around 24sq at $4600 a sq so price being just over $110,000 to build..
What are your thoughts
Matt Hooper[suave]
Hi tammekand,
I am from Tasmania and things here look pretty good rents are up and as i recently moved to Hobart from Devonport Renting a place is HARD to do as every open home for rent there was 30-40 people walking through.
Ive also just got a job in RE in Tassie and there are some good properties around for a good price in the Hobart area I would prob stay out of Sandy Bay area and the middle of Hobart but surronding suberbs are great such as Glenorchy, Claremont, Kingston etc.Waterfront property in burnie isnt that Fantastic its not the cleanest water as burnie is Very Industrial but plenty of cheap houses all over with good rents aswell!!
all the best
matt Hooper
Thanks everyone for that.
Ive been reading alot about wraps etc and I think its prob the best way to get kick started in investing in property at the moment.
And then later also go into buy and hold but what i like about wraps is that it will give you passive income rather than waiting for property prices to go up and you get to help people at the same time buy there home who cant do it through the banks.
So i think this will be my choice of investing to start with and then look at other opportunities when my cashflow is alot higher.
Cheers
Matt Hooper[suave]
Hi grh,
You will need to say you live there I think most states you have to live there for atleast 6 months to a year before you can rent it out or sell it.
Cheers
Matt
Hi Zyleth,
Good point I will work something out for that as oneday I will be 30 myself maybe I can start a Club for Everyone aswell and have a Meeting with the under 30’s seperate for a discussion on how to get started and what other people under 30 are doing etc.
What do you think??
Cheers
Matt
Hi everyone,
I have been doing allot of thinking about this and I know that the whole under 30 thing got the over 30’s a bit worried I know they have allot of knowledge about investing that’s why I wanted to Include speakers etc that have a good understanding of investing.
The website idea is a great one as well especially to get contacts in other parts of the world.
The Reason I wanted “young” investors is to get people networking with people there own age and to help people get started.
I was also thinking as well as having Guest speakers that are successful (any age) There could be a what I like to call a Senior board which would be generally people older than 30 that are very successful at investing advise the “young club” on how to go about things what works in today’s market etc and do a little bit of mentoring as well.
What are people’s thoughts??
Cheers Matt
Hi JP let me know how you go on the search of a mentor as im on the look for one aswell and not having alot of luck.
But all the advice in the world about PI can be found right here as there are alot of successfull people that are more than happy to answer questions.Cheers
Matt[biggrin]
If I stick to a budget and run my numbers right yes I have alot of home work to do but so far so good.
Cheers
Matt
Yes i want a Mentor and yes i want a proven mentor and no i dont think anyone will just do it out of the kindness of there heart there has to be something in it for them aswell which i am more than willing to give something back to a good mentor.
As i said an investment parnter aswell weather it be a 60-40% or even a 50-50% either way.
But i wont give someone money for just giving me a hot tip aswell.Cheers
Matt
You can Rent the land out for horses just need to fence it off in blocks and you can rent it out for $20 a horse pew week there are plenty of people looking for good land to put horses on. Most people that own horses have about 2+ so if you can find 20 horses that will generate around $400 a week.
Cheers
Matt
