Hi SalilIt depends on how confident you are at assessing the likely problems yourself, if you arent; then get them if you feel the need.Otherwise I agree with the conveyance and a strata report may be useful in deternining if there are other issues you need to consider.Don;t assume that ecause the building is young it doesn't have say termites or…[Read more]

Hi KentoEntirely depends on where they are and what council you are dealing with.It would be worth contacting a local development consultant and have a chat with them, usually they are surveyors and have a great deal of knowledge re costs timeframes etc.Catch you on the weekendWarm RegardsSue

Tammy You Crack me upWarm RegardsSue

Hi D.Just had a VERY quick look at the site and from what I saw some of them MAY be +ve cashflow.Be aware of some of these sorts of sites and their quoted returns, sometime they are gross sometimes they are net and sometimes they are just plain overstated.Run the numbers on them and if they stack up AND they meet your goals of INCOME AND / OR…[Read more]

Hi SanibelI'd be inteested to know how you define a GOOD investment property.personally I'm not interested in investing overseas, there are stacks of opportunities here with a whole lot less hassles in terms of finding and funding o/seas deals and all the headaches associated with structure establishment etc, this could definitely be the case for…[Read more]

Hi allI'm 100% in Cash at the moment with plans to trade shares as I finsh my Diploma in Share Trading.Last year It was a development dealI think the thing here is to maintain fleibility, ave a number of strategies under ones belt and hit the market in the areas you are confident in at a time that suits, be it shares, options, property or…[Read more]

Hi allI find trhis all fascinating.  How limiting some people's belief systems are.Particularly lliked your comments about the cheesecake XeniaWE GET what we believe in.If we beleive we can do options, share trading and prperty investment or eat pink cheeskcake and taste chocolate then we can do that too. The difference is WHAT you beleive in, ie…[Read more]

Hi allIf considering investing in property , think first about what you are wanting to achieve by doing this ie are you after Growth or income, or somewhere to live.  the choice you make will then help you determine an appropriate strategy, ie buy and hold, development, reno or a PPOR.If you are going for a PPOR, try to minimise your expecations,…[Read more]

Hi AliWhen you get to the contract stage include a clause in your contract that says something like"subject to finance of x$  at X% and satisfactory building and pest inspections"Talk to a solicitor if you need more clarification on the exact wording.That way if any of these things do not line up you can cancel the contract.Also in terms of…[Read more]

Hi AliWhen you get to the contract stage include a clause in your contract that says something like"subject to finance of x$  at X% and satisfactory building and pest inspections"Talk to a solicitor if you need more clarification on the exact wording.That way if any of these things do not line up you can cancel the contract.Also in terms of…[Read more]

Hi Louise M77Have you read any of Steve's books?These might be a great start especially books 1 and 3,  0-130 Properties in 3.5 years and also 260 properties in 7.5 years.Both these booth offer practical steps to becoming a successful property investor from the ground up.Book three is propably more current for today's market and helps one…[Read more]

Hi AllmineOk so from what you ahve said you could be sitting on a nice pice of land in a nice area but that is presently underdeveloped given the rest of the area.Firstly have you clearly defined your goals? In terms of money you need to achieve them etc and the timeframes in which you want to see them happen?Are you looking for growth or income…[Read more]

Hi allI came across Peter Coomben a few years back and honestly what he offered I was not interested in. I liken his processes to that of financial planners and advisors, personally I want more control over my own cash as to this date no one has done better with my cash than I have, I take resposnibility for my own acotions including investing.If…[Read more]

Hi AlexCongratulations from taking the first step to FINANCIAL FREEDOMCan I recomend the RESULTS program run by Property investing .com.I have been on the program for 2 years and it is FANTASTIC!!!, life changing and thought provoking.I am self supporting having left my job over 18months ago,whilst this is not directly attributale to property…[Read more]

Hi allWell it matters not what interest rates are doing rather it matters whether your strategies fit the current market.If you take a look at Steve's thrid book he talks about the Property Wheel which helps one assess where in the cycle we are at and what sorts of strategies to apply in varying markets.Are you booked into the 3 day semnar in…[Read more]

Hello thereIn looking at the aspect for potential purchases, think about what the planning regulations state abut where living areas are to be sited ie if north facing to achieve energy ratings and you want them at the front of the block it makes littel sense to buy a south facing property.This all depends on the area you are looking at buying in…[Read more]

Just a quick questionWhat's wrong with the OZ Market? there are deals everywhereAlso have a look at Steve McKnights post on a similar subject, he makes some salient pointsWarm RegardsSue

I'm not sure why one would set up an I.O loan if you were planning on paying it back early?From my undertanding I.O loans are best for investing , depending on individual circumstances of course.I would avoid them for a PPORWarm RegardsSue

I'm not pulling out but I have 2 spare tickets available at $445 eachI tried to Send you a private message but your profitle says you aren;t accepting any.PM me if you would like one or both ticketsSue

Hi pageyWhat about doing renos or sub-divisions/builds to turn your cash over and mwhat seems to most to be an eternal fear of CGT make a profit.  ie only look for places that need a tidy up and spend around 10% of your purchase price and look for a profit of 10% + Once you get over the what seems to most to be an eternal fear of CGT, these can…[Read more]