Catalyst I’m looking at the inner west. I currently do have a project going with a good team but as I said earlier they’re not prepared to travel that far. Quitting my job wasn’t an overnight decision It was part of my plan to pursue my dream & make it a reality of course I did my research
I have done a few courses too and I’m quietly…[Read more]

Hi there….
Can this be used for property in NSW?

I can’t believe that people paid only $890 or &1000 for this course!!! I paid 6K after seeing her at the three day property investing seminar in Melbourne in May this year. Anyway I went to the bootcamp and it was great….but sounds like I could have saved some $$$$$$$

Hi, I purchased a property in April, renovations were completed around the end of June and I still have no tenant. I too have asked Michael and Bronwyn on several occasions about the success of their rentals and I am assured that the properties are being tenanted. To this, all I can say is that I have been waiting for a tenant for almost 2…[Read more]

Thank you to you all for your responses……this is very helpful.    My maths is very basic also but even I can do this. :}

This is not a bad idea at all.  At least you get into the property market.  I attended a seminar 18 months ago where some couples had 4 investment properties and rented.  They felt that ownership tied up too much of their money with no tax benefits.  To be honest, we own our own home and I have suggested to my husband many times to sell, use the…[Read more]

Nigel Kibel wrote:
You cannot inspect the properties and you have to pay cash. I will be buying forclosed properties and offering them renovated to investors at under market value.

That's great to hear Nigel.  What do you anticipate your costs to purchasers to be?

Can someone explain to me what capitalised interest is……..please

Hey thanks tess85,My mobile number is ########## if you don't mind sending through his details – that would be great.  Much appreciated.:}

Thanks Terry,I will certainly look them up.  I have a very friendly relationship with my accountant also.  I have finally decided that business is business and I need to have the best possible people to help me secure my future.  I know it is hard to break away – I have been saying it for some time now but this is definitely it!!<br /:)” ti…[Read more]

Thanks, I found that usefu    l

Nigel,How long do you think before you will have this service up and running?   It sounds good and it's great that you are willing to help others given you would have a great local knowledge and are aware of the laws over there. There is so much support on this forum.  It's great and I feel like I have learned so much – thanks to all.<br /[Read more]

Hi Michael,I have recently been communicating with the staff from http://www.usproperties.com.au .  They have offered me a property for $98,500 and the return will be approximately 13% nett the first year (outgoings paid by company for first year).  They do all the leg work and basically all you have to do is say yes, sign and the deal is done.  It ma…[Read more]

Hi all,I am also a member of TIC and am currently purchasing through them at the moment.  I will be completely honest here.  I have been to a number of their free meetings which are held in every suburb regularly. Everyone has access to them and all you have to do is show up.  The support members are exactly that.  I don't know how many times I h…[Read more]

Thank you so much.  I feel fortunate that you are a local and I appreciate your comments.  The development I am talking about is in Middlemount.  The developer is Shearer property.  I just felt that this ticked all the boxes in that it is new, not very expensive, and suggests a good return.  Having said this, I live in Sydney, know only what I ha…[Read more]

rekooh01 wrote:
I live in Mackay and work in Moranbah ( I don't know if this is the one you refering to)the rentals in this particular town have been overinflated for years due to the boom, and are still over the top. But the one thing that could influence them is the impact of the new proposed mine ( name eludes me) which will require…[Read more]