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Viewing 20 posts - 81 through 100 (of 136 total)
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  • Profile photo of Nathan BirchNathan Birch
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    @nathan-birch
    Join Date: 2004
    Post Count: 189
    March 17, 2010 - 5:24 am

    Locate a state, and then pinpoint on a map large looking towns and google them…

    easy….

    I spend about 8 hrs a day in the market looking for these things, there out there, just depends what state your looking in.

    Other way is to get a bunnings catalouge and anywhere around a bunnings store, because most are new,a nd they have had lost of $$$ spent on research to make sure its fiasible to open up.

    Hope this helps,
    Nath.

    Profile photo of Nathan BirchNathan Birch
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    @nathan-birch
    Join Date: 2004
    Post Count: 189
    March 17, 2010 - 5:20 am

    I have just secured in last 3 months about 6 in Speed and Nagle street.

    These were purchase between 160-180k, rents being $280-300pw.

    Profile photo of Nathan BirchNathan Birch
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    @nathan-birch
    Join Date: 2004
    Post Count: 189
    March 17, 2010 - 5:14 am

    For sumb $200k, I am still purchasing many properties around sydney for $200k and getting $300pw rents.

    Profile photo of Nathan BirchNathan Birch
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    @nathan-birch
    Join Date: 2004
    Post Count: 189
    March 17, 2010 - 5:13 am

    I would need to see more numbers then $57 per week.

    I have a large negative portfolio however this is used for equity gains and the cashflow positive portfolio offsets this, so I can keep purchasing without impacting my lifestyle.

    One must ask themself, why am I purchasing this property….

    Profile photo of Nathan BirchNathan Birch
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    @nathan-birch
    Join Date: 2004
    Post Count: 189
    March 17, 2010 - 5:11 am

    Why would you finance it?

    I would purchase a small one cash say $15,000 and refi once set up. Would be best option.

    If you cannot purchase outright, look at other options of obtaining short term finance.

    Profile photo of Nathan BirchNathan Birch
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    @nathan-birch
    Join Date: 2004
    Post Count: 189
    March 17, 2010 - 5:09 am

    I saw a product the other day @ 80% LVR for abn of 2 years + so check with a reccomended and trusted broker.

    Profile photo of Nathan BirchNathan Birch
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    @nathan-birch
    Join Date: 2004
    Post Count: 189
    March 17, 2010 - 5:08 am

    I am always happy to look at vendor finance purchasing I just bought 3 blocks of units this way, feel free to email me if you wish to discuss your sale.

    Depending of what your trying to arcghive it may fit into my purchasing criteria.

    Profile photo of Nathan BirchNathan Birch
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    @nathan-birch
    Join Date: 2004
    Post Count: 189
    March 17, 2010 - 5:06 am

    I exchanged recently on a few in QLD and added special condition along with finance that I have the right to change purchase details before settlement. Check with your solicitor however.

    Profile photo of Nathan BirchNathan Birch
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    @nathan-birch
    Join Date: 2004
    Post Count: 189
    March 17, 2010 - 5:06 am

    I exchanged recently on a few in QLD and added special condition along with finance that I have the right to change purchase details before settlement. Check with your solicitor however.

    Profile photo of Nathan BirchNathan Birch
    Participant
    @nathan-birch
    Join Date: 2004
    Post Count: 189
    March 17, 2010 - 5:04 am

    I will be up in mid may to inspect a few of my recent purchases, would be good to catch up at this time if time permits for all.

    Profile photo of Nathan BirchNathan Birch
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    @nathan-birch
    Join Date: 2004
    Post Count: 189
    March 17, 2010 - 5:03 am

    I prefer to do interest only as it helps with servicing your loans allowing you to buy a lot more property.

    Profile photo of Nathan BirchNathan Birch
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    @nathan-birch
    Join Date: 2004
    Post Count: 189
    March 17, 2010 - 5:02 am

    I am still getting CF+ deal in todays market.

    I just settled on a property for $22,000 reno of $25,000 reval of $140,000 rental $200pw in pop of 10,000+

    Profile photo of Nathan BirchNathan Birch
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    @nathan-birch
    Join Date: 2004
    Post Count: 189
    October 22, 2007 - 1:43 pm

    propertypower thanks for your reply, great details, i will take aboard, i will be moving in over xmas
    <br /:)” title=”>:)” class=”bbcode_smiley” />

    much appreciated..

    Profile photo of Nathan BirchNathan Birch
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    @nathan-birch
    Join Date: 2004
    Post Count: 189
    November 30, 2006 - 1:44 pm

    Just found this one on ebay….
    http://cgi.ebay.com.au/ws/eBayISAPI.dll?ViewItem&ih=007&sspagename=STRK%3AMESE%3AIT&viewitem=&item=170055187548&rd=1&rd=1

    Profile photo of Nathan BirchNathan Birch
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    @nathan-birch
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    Post Count: 189
    November 22, 2005 - 7:48 am

    Hello Katfrat,

    So your looking toi relist for 30 days? where abouts are you located?

    Cheers Nathan Birch.

    Profile photo of Nathan BirchNathan Birch
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    @nathan-birch
    Join Date: 2004
    Post Count: 189
    November 5, 2005 - 3:01 pm

    Childcare Centre!

    Bucks in them. get it D/A and resell for nice gain.

    Profile photo of Nathan BirchNathan Birch
    Participant
    @nathan-birch
    Join Date: 2004
    Post Count: 189
    July 7, 2005 - 1:18 pm

    Hey guys,
    Thankyou for all your posts and help on this one. I have had council out to look today, they said there may be a few modifications i could do to make it legal. It was a good result from what we discussed and theres a few possible avenues to go down in which we can keep the dwelling with residents in it.
    I will keep you posted with my results.

    cheers NB

    Profile photo of Nathan BirchNathan Birch
    Participant
    @nathan-birch
    Join Date: 2004
    Post Count: 189
    July 5, 2005 - 11:34 am

    Thanks for the replys guys.
    Just on it, the place is a 1 bedroom home like a spec home at kellyville inside, its real good i just meant rent it as a spare room and if tenant lives in it i have control as it is not classified as a flat its a room.

    Profile photo of Nathan BirchNathan Birch
    Participant
    @nathan-birch
    Join Date: 2004
    Post Count: 189
    April 22, 2005 - 9:54 am

    Thanks for your replys,
    No i dont have a PPOR loan. i live at home still. I am 19, (20 in 4 weeks)have a IP P&I loan of $225,000. I have very strong disipline with saving and speding, so never consumer goods. I just dont wanna put on loan coz then wont be -ve geard that much. im more inclined on purchasing another property. But just thought id ask what people thoughts are.
    I just wanna buy another IP but dun think $20K is enough to get me in2 1.

    Profile photo of Nathan BirchNathan Birch
    Participant
    @nathan-birch
    Join Date: 2004
    Post Count: 189
    January 31, 2005 - 1:42 pm

    Hey Chris,
    Good to see that some other people are in same category. I am 19 almost 20, Last year i brought my 1st IP in sydney. i was 18 at the time, i had no garontor, no inheritance nothing.
    You can do it if you want to do it. I work 7 days a week 8am to 7pm to get my cash, so i have a fair bit of disipline.c
    Do what you can to save your cash. save save save, do as much work as u can to get as much $$

Viewing 20 posts - 81 through 100 (of 136 total)
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