Just purchased at Punchbowl other day 2 bed renovated, garage $195k rent 280-300pw.

http://www.youtube.com/watch?v=58r0DkJLf6g&feature=player_embeddedWe are placed different to the rest of the world, Margie Baldock says it well on this video though.

http://www.rpdata.com.au

Theres always ways to protect yourself but its a mater of being intelligent and making the best choices without being too analytical.If you were in a position where one could sue you or spouse take your asses unwillingforly, you could always attach 2nd mortgages and cavaets to assit in retaining equities.If I had time again, I would make greater…[Read more]

As others have stated here. Its is a business.Old lady might be nice, however your paying for it. Be fair to her and increase it in stages to get it back to market. I see investors all the time let things slide like this. If they have an emotional reason for being there they will stay your robbing yourself of $5200 pa. over 10 years thats $52k, so…[Read more]

As for lease periods its all dependant of the area.If in a 1 horse town 2-3 years is good. If for example in sydney or melb i would want short as possible.I never sign any of my tenants now days on more then a 3 month lease when they move in, one might ask why? Because I have control over rents. In the old market there was too many properties not…[Read more]

keiko wrote:

Nathan_b wrote:
I got most states $40pw for all postcodes and fuull access in each state. Thats cheap as chips.

That is good, Is that threw RP Data? and do you get commercial and residential

It is through RpData sub account. It is all properties doesnt matter if redidential or commercial or any other zoning.Hope this helps.If…[Read more]

Try http://www.rightgroup.com.au $10 entry and its like fortnightly investor meetings with topic of the week.Disclaimer, I am affiliated with this group, not as spam, but just for those interested. It is not a selling session either.

I got most states $40pw for all postcodes and fuull access in each state. Thats cheap as chips.

god_of_money wrote:
It could be one of your property in Moree (Queen st or alice st)

LOL

Email me your details with everything you need updated clearly and I will see if I can update through my account (I have all except Victoria), if that fails the Mrs works there.

As steve once said on his Cd, he doesnt buy properties from the glossy brochures…I dont see value where the developer and marketing company have sucked every last cent.Just be careful, I would rather come along a couple of years time when the developer gets in trouble and pick up his remainding stock at a 50% discount.Recently done this on 4…[Read more]

Ryan,Why would you buy a property which is over priced??You want to be buying below market value, as we know the money is made on the way in on the deal…

Horses for courses…I would buy for both CG and CF in each purcchase. Buying 10-20% under market value with 8-10% yield, means it wont impede on your lifestyle, and you will be able to pull your capital out and redeploy into the next purchase.

Myself and my investing partners have purchased over 100 properties in Moree.Ryan the 2 you had on your old home page queen and alice were ours.Area has good potential.Yes I have 97% LVR there with CBA.

You can buy properties in sydney 2 bed units for $160k renting for $270pw+Houses $240k rent for $350pw.Studios aint bread and butter so would only buy a 1 bedder if i was nicking it for very very cheap.

Hi,I buy based on numbers.Buy below market value, within an area supporting infrastructue 7,000 min pop, and yield of 8% in CBD's and 9-10%+ in regionals.Search until you have success.

Yep,These guys spend lots of $$ on research so follow the big guys.

Sometimes best thing to do is geting in the deep end, but ensure you buy the right properties to get you to your investing destination.

I wouldnt touch it, I would have to get it for 1/2 that price to consider it…