milen007 replied to the topic melbourne solicitor in the forum Hotch Potch 21 years ago
thanks heaps Paule
this really help me
milen007 replied to the topic lucrative financital solutions pty ltd in the forum General Property 21 years ago
http://www.lfs.net.au/ but still under construction. hehe
their abn 80093578253 im not sure if this help
anyone heard of their service? sort of financial advisor but for property portfoliomilen007 replied to the topic Ways to get away with your offers when … in the forum General Property 21 years ago
thanks for all the inputs, i do not suggesting it, i just need opinion on this as i read it on books.
shanebal, what the reason you think the vendor wont accept the clause?
if they already sign the contract then we cant get out from it. how bout if they have not sign and accept the contract. can we get away from it?
again, i am not suggestting…[Read more]
milen007 replied to the topic Ways to get away with your offers when … in the forum General Property 21 years ago
yeah i do read from the books and just wondering if there is a sensible way to protect yourself. while you might be able to offer the buyer to be able to terminate your offer in 7 days if there is better offer. how bout that?
milen007 replied to the topic Found cashflow +ve in the forum General Property 21 years ago
still_in_school, To charge the sourcing fees, do you go and put some deposits in to hold on to the property?
as i found few and if you could source them out, we can negotiate deals
regards,
Erwin
[email protected]milen007 replied to the topic Place comments about my spreadsheet here in the forum General Property 21 years ago
i would like to try it out too
[email protected]
thanksmilen007 replied to the topic interest impact on property price in the forum General Property 21 years ago
thanks mel i got the idea. so people suggested that the property price may fall or remain as the interest rate are predicted to fall since AUD is so strong that may caused inflation?
so how we find the property thats going to default? contact the lending institute?
milen007 replied to the topic Buying a property in the next 30 days. in the forum General Property 21 years ago
im not expert in this areas, but i think that as long as location, location, location criterias are met. there is no right time to buy the property. correct me on this pls. im new but thats why i think
milen007 replied to the topic Cashflow game purchase in the forum Hotch Potch 21 years ago
i got the board. its great. but cd version? how is it? the same concept but have to use comp?
milen007 replied to the topic reasonable cash on cash return on +ve cf prop in the forum General Property 21 years ago
hi westan
i recon that the capital gain is minimal as its +ve CF IP, my guess would be around 3-5%
milen007 replied to the topic reasonable cash on cash return on +ve cf prop in the forum General Property 21 years ago
i think it wont be that way, not all people willing to take the actions, thats make the diffrent of people that successful or not.
so, any other input of whats your yield on +ve CF IP? as I need some opinion to make up my strategy as i guess that 13% cash on cash return is good enough or not.
milen007 replied to the topic DOES 11 SEC RULE STILLAPPLY IN OCT 2003!!!!!!!!!!! in the forum General Property 21 years ago
dun give up, keep searching they are there, a diamond in the bush. i found few and getting finance pre-approve now, as the deals all sold in less than 1 weeks. keep in touch with the RE agent on the areas you are intending to invest, so something comes up they can inform you.
good luck
milen007 replied to the topic reasonable cash on cash return on +ve cf prop in the forum General Property 21 years ago
celivia, its regional victoria.
westan, 25%? hmm good return, may i ask which part of australia?
anyone else? 13% good enough? what do you think?
milen007 replied to the topic software in the forum General Property 21 years ago
http://www.otter-software.com.au/Software/PropertyTrackerPages/NEWSBREAKNOWFREE.html
OzpatinQ8, i would like to try it. would you kind ly send to me on [email protected]
thanks heaps
milen007 replied to the topic how to select right mortage from so many brokers in the forum General Property 21 years ago
hi stu, the link is not working. Both comparisons i choose both are standart variable loans. are they the same type? or diffrent?
milen007 replied to the topic how to select right mortage from so many brokers in the forum General Property 21 years ago
thanks heaps on instant respond. Say all i need is just interest payment only for my ip loan, would it affect much if i just choose the lowest term say:
ACE HL RI Variable – Standard initial interest 5.89%, comparison rate 5.96 ongoing fee nil total startup cost 1045compare to
ANZ RI Variable initial rate 6.57, comparison rate 6.61…[Read more]
milen007 replied to the topic how to select right mortage from so many brokers in the forum Heads Up! 21 years ago
ops wrong post. should be in property section. sorry
milen007 replied to the topic how to select right mortage from so many brokers in the forum Heads Up! 21 years ago
ops wrong post. should be in property section. sorry
milen007 started the topic how to select right mortage from so many brokers in the forum General Property 21 years ago
do you guys have any criterias on selecting the right mortage for your IPs from so many broker? how do you know which one is the good one? as so many broker will tell you that they have the best on market or something like that.
if you are on 5 year fix loan, would you be able to refinance say when the loan goes for 2 years and the interest…[Read more]
milen007 started the topic how to select right mortage from so many brokers in the forum Heads Up! 21 years ago
do you guys have any criterias on selecting the right mortage for your IPs from so many broker? how do you know which one is the good one? as so many broker will tell you that they have the best on market or something like that.
if you are on 5 year fix loan, would you be able to refinance say when the loan goes for 2 years and the interest…[Read more]
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