Hi @Gaving

There are very strict rules regarding what you can and cannot do or buy, regarding real estate, in a super fund.

Best to speak with your accountant and solicitor to seek their advice and guidance prior moving forward/spending money.

Hi Gaving,

There are very strict rules regarding what you can and cannot do or buy, regarding real estate, in a super fund.

Best to speak with your accountant and solicitor to seek their advice and guidance prior moving forward/spending money.

Happy to help. Good luck with it @jemfraser :)

Hi Jemfraser,

You need to do thorough due diligence on whether this model is going to work for you.

1. make sure that you can indeed build within a national park. What are the restrictions and ongoing costs?

2. right now, COVID-19 has put a huge dent in the Air BnB market. People are self-isolating, staying home and not traveling.

Perhaps…[Read more]

Hi Our Challenge.

I’m happy to recommend the painter that we used for our recent reno project.  Very prompt and a meticulous painter.

PM for his details.

That is a major red flag that should be setting off alarm bells.

In my experience, a vendor generally has no issues with a building inspection being done. Where they do, it begs the question… why? What are they hiding?

We always suggest to clients that they get a building and pest inspection done.  We have pulled out of proceeding with…[Read more]

That is a major red flag that should be setting off alarm bells.

In my experience, a vendor has no issues with a building inspection being done. Where they do, it begs the question… why? What are they hiding?

We always suggest to clients that they get a building and pest inspection done.  We have pulled out of proceeding with properties…[Read more]

Do your sums and offer what you're prepared to pay and what stacks up from a numbers perspective.

Don't be bullied into making an offer above what you've previously determined you wish to pay and don't let the agent play the emotion game of "make an offer or you'll miss out".  There's always another property around the corner. …

Total lack of due diligence.  Silly woman.

Hi Grant,See you've posted this in various spots, so just covering off here too. If you are serious about using renovating as a strategy to build wealth through real estate, then I can fully recommend Ana's course.  She works very closely with each client to make sure they achieve win:win outcomes. What Ana offers is weekly support and she will…[Read more]

Hi Grant,If you are serious about using renovating as a strategy to build wealth through real estate, then I can fully recommend Ana's course.  She works very closely with each client to make sure they achieve win:win outcomes.Regarding Philip's post about the online course – this may suit you too. It comes down to how you best learn, what you…[Read more]

Hi Wealthyyjvd,Rather than what you should ask, make sure you think about first what you are looking for.  A good broker is going to want to know what your goals are, what you are looking to achieve, what your investing strategy is, etc.  They'll also need to know your current financial status so they know your starting point.They need to know t…[Read more]

Hi Ness1474,I agree with Erik.  Each of these figures will differ for each deal that you look at.  You are best to start collating actual $ costs, so that you can get an idea of what each of these is as you move from deal to deal.  Then at least you'll have "ball park" figures to go by for the next deal.Body Corporate fees (where applicable) an…[Read more]

Hi Cowless,I think you'll find those signs will be posted by various different people, so you may find it harder than you think to get rid of them as the next person will just put another one up.  But I guess you can try.Wendy

Hi all,This teleseminar is now available for download:http://www.realestatewomen.com.au/freecall.htmlRegards,Wendyhttp://www.getstartedinproperty.com