Forum Replies Created
If you are looking at the potential returns that any investment can make, then getting $1000 back through applying some of the information that would be presented at this seminar would make it look cheap.
Hope that makes sense.
JamesJust try a google search for ‘fore sale by owner’ or similar.
I did and came up with a few good ones.James
Thanks guys,
I should have been a bit more detailed. I suppose I meant boom area, as opposed to market. The area I am looking into is still showing great growth, with prices still rising steadily. I believe that it will rise 15-20% this year. It will however be -ve geared.
I was just so keen to buy +ve cashflow properties!!James
And the winner is me!!
A HOLE in the box!!!!
Tell me i’m right………
James
Are the properties that you’ve found been on the net, or via RE agents, or from some other method?
I assume that most of the properties are still in rural areas of Australia?James
1. Silence !!!
2. A light?
3. Its gotta be Batman and Robin
4. ??
5. Half way, then you’re walking out of it.James
Chan,
What states are you looking at? Can you tell us that much?
ThanksJames
Read late 2003, wish I had read it in 1990!!!
Planning on buying something, +CF or maybe – geared this year. Hopefully this month.James
Thanks Mel,
We were actually going to go and look at houses with them on the weekend
They will be long term renters, as they seem to really be stuck in the rat race.James
Thanks for the replies,
I think we will go ahead with a purchase and rent. There is a decent sized population (not sure exact numbers.)James
Passive income is the main goal, with CG an added benefit.
James
Really, if the numbers add up, you have done your checks, then it shouldn’t matter where you are in relation to your IP’s. However, for peace of mind, it’s nice to be able to have them close by. Especially in the early stages of investing.
JamesI’m pretty confident that SIS has got it right!!
James
Carl,
They are out there, but you’ve got to go and find them.
The story on TT shows that it has been done in the last 6 months.James
The best advice I can give is to do SOMETHING.
Go and see some RE agents. Talk to your bank/broker about finance so you know what you can afford. Find out how much places are renting for and selling for. Think outside the proverbial square.There are lots of other things you can do, but you must do something and get the ball rolling.
James
For those that missed it, or didn’t tape it, (like myself) there is a link on the TT website.
Steve…Are there going to be more mentor programs running??
James
Well done SIS,
Your comments are always great reading for lurkers like myself!!1500 here I come…..
Thanks for your help.
I am in Tasmania, so I will check locally for consumer affairs.James
My question is:
Is this a good or a bad thing?
I always hear that money can be made in both booming and declining markets. With all the money tied up in property at the moment, surely with interest rate rises and steadying RE prices, a lot of investors will look elsewhere for growth. A lot of ‘investors’ still think that negative gearing is the way to go, and don’t regard rental income, only capital growth as the source of income.
Any thoughts?Ali,
Did you happen to think that you were in a forum for property investors?
I’m with WAF on the 30 miuntes a day, that would mean I could find 10 a week during my lunch breaks!!