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mattsta
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@mattsta
Join Date: 2011
Post Count: 604
May 22, 2012 - 3:32 am
wisepearl mentioned a SMSF where you needed only $600-700ish?!?!? does anyone know which provider allowed for this.
Like the rest of you, I also want to take control of my destiny. I don't liek the high management fees of my previous super funds, and I don't necessarily agree with their investing strategies!
mattsta
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@mattsta
Join Date: 2011
Post Count: 604
May 22, 2012 - 3:28 am
the chinese cancelling coal orders will not be good for the various mining economies – and could have negative impacts for investment properties in those areas too. i will keep an eye out for what's happening in china regarding demand for australia's resources
mattsta
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@mattsta
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Post Count: 604
May 22, 2012 - 3:22 am
hey i just read the revised version of steve's book. He's got a section there about subdividing which may be useful for you to relook at to get you some ideas and direction
mattsta
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@mattsta
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May 22, 2012 - 3:20 am
i thought about storage facilities too as they have passive income elements to them. However, I was keen to find more info about it too. Anyone know any good resources/books for storage facility investing in Australia?
mattsta
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@mattsta
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Post Count: 604
May 22, 2012 - 3:16 am
for me, i just bought the usa property power pack from steve last week. i haven't gone through it yet, but perhaps it could help you out too for foreign investing in the usa. have you gone through it?
mattsta
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@mattsta
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May 22, 2012 - 3:11 am
i just got steves books a couple of weeks ago. I'd suggest folowoing the strategies in there – it's pretty straight forward. Good luck!
mattsta
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@mattsta
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May 12, 2012 - 10:42 pm
It really depends. First of all, does your husband-to-be currently have the qualifications and license to sell real estate? If he doesn’t, that’s the first and most important thing to do!
mattsta
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@mattsta
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May 12, 2012 - 10:40 pm
Do you have a particular are you are interested in? All prices and everything can vary greatly by location!
mattsta
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@mattsta
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Post Count: 604
May 12, 2012 - 10:39 pm
Cheeves immediately came to my mind as well. I have heard lots of great things.
mattsta
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@mattsta
Join Date: 2011
Post Count: 604
May 12, 2012 - 10:38 pm
I had never even considered investing in the Detroit area. I am sure there are some nice areas there, but I have not heard many good things.
mattsta
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@mattsta
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Post Count: 604
May 12, 2012 - 10:36 pm
Thanks for your response. My post was feeling a little lonely. I had been hearing things about Philadelphia, but it seems that Pittsburgh may be more up to date.
mattsta
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@mattsta
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Post Count: 604
May 12, 2012 - 10:33 pm
Why not just go with a full time property manager to help you out? It may be a more costly option, but it is also one of your best options.
mattsta
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@mattsta
Join Date: 2011
Post Count: 604
May 12, 2012 - 10:31 pm
I am in the same boat as you, and am pretty unfamiliar with planning schemes. They seem to be very complicated at times. Nothing can ever be easy.
mattsta
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@mattsta
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May 12, 2012 - 10:28 pm
Wish that I could help you out or think of someone that would be in the area that could have helped you out. Did you meet with anyone to help you?
mattsta
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@mattsta
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Post Count: 604
May 12, 2012 - 10:27 pm
Sash, sorry to hear that you are having such issues! The fact that they now want you to reduce the price by 40% sounds completely outrageous. What have you done about this?
mattsta
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@mattsta
Join Date: 2011
Post Count: 604
May 12, 2012 - 10:25 pm
Hi there! It’s great to see new members posting here. Property investing is very hard to “learn”, and it is always changing…so there is always something new to learn! Welcome, and read around on some other discussions. J
mattsta
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@mattsta
Join Date: 2011
Post Count: 604
May 4, 2012 - 12:46 pm
yeah holidaying is fine in a unit or apartment. but for long term living, a house is superior as an apartment can feel so crammed at times
mattsta
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@mattsta
Join Date: 2011
Post Count: 604
May 4, 2012 - 12:42 pm
I checked out realestate.com.au looking for properties in perth. They seem to be quite expensive compared to regional parts. well it does make sense, but i've been trying to look just outside of perth, and keeping my eye on it. i've been reading that perth is set to continuously grow
mattsta
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@mattsta
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May 3, 2012 - 9:16 pm
You can buy & sell property in any condition that you would like. However, I would not suggest it! If you are going to try and put a house on the market, you might as well do it once the basics are done to it. Many people don’t have the time or money to put into starting a house from scratch.
mattsta
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@mattsta
Join Date: 2011
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May 3, 2012 - 9:15 pm
Flipping a house for a profit has all kinds of risks involved. The biggest probably being, financially. If you don’t calculate things just right you will find yourself in a world of debt. Be very careful.