Nigel Kibel replied to the topic Buyers Agent/Advocates – useful, or waste of money? in the forum Help Needed! 11 years, 6 months ago
A good buyers advocate will not only cover different markets but also different price ranges and different strategies. They will also look after your interests and not there own. I think it is important to look at a number of strategies and that could include property development, off the plan and buying established properties,
It all depends on…[Read more]
Nigel Kibel replied to the topic 4.99% Fixed for 2 years – to fix or not to fix in the forum Finance 11 years, 6 months ago
The rate is a very good one. The banks know that the current rates will be short term. To me a rate of 4.99% is great, you know that your rate is fixes I would be surprised if his sort of rate was being offered in 12 months time. However I have never been a big fan of the reserve bank and the decisions they make.
Nigel Kibel replied to the topic Property In North Dakota -Whats The Catch?? in the forum Overseas Deals 11 years, 6 months ago
I would not buy hotel suites in Australia why would you buy them in America
Nigel Kibel replied to the topic Buyers Agent/Advocates – useful, or waste of money? in the forum Help Needed! 11 years, 6 months ago
It is worth using a buyers agent especially if you are wanting to buy in another state. It is also important to make sure that the agent specializes in investment properties and also has a wide number of strategies that will suit your circumstances.
Nigel Kibel replied to the topic State of Florida Market – Freckle / Nigel / Anyone else in the forum Overseas Deals 11 years, 6 months ago
Cheeves
Most most important thing is that all main cities are only 2 hours away from each other. I have also been to Jacksonville which is good. So your right I am going on my own experience but am sure that most of the other cities are good as well.
Nigel Kibel replied to the topic State of Florida Market – Freckle / Nigel / Anyone else in the forum Overseas Deals 11 years, 6 months ago
The thing I also like about Florida it the fact that all the main cities are around a 2 hour drive from each other. So all the centers are close. I like Orlando because it is in the center of the tourist areas which are located in Orlando because its 2 hours inland so does not get the extreme weather
Nigel Kibel replied to the topic Interest rate reductions- Some issues in the forum General Property 11 years, 6 months ago
If you read what I wrote you would not have to ask
Nigel Kibel replied to the topic US BANK ACCOUNT in the forum Overseas Deals 11 years, 6 months ago
Jeff
Perhaps you should go to the states and actually see the information rather than just talk about it. It is much better that people should go there and see the markets for themselves rather than take some ones word for it
You are incorrect
Nigel Kibel replied to the topic Ironfish in the forum Heads Up! 11 years, 6 months ago
They just sell off the plan property generally with high commissions
No bargains with them
Nigel Kibel replied to the topic Student accomidation in the forum Finance 11 years, 6 months ago
Hi Jared
I agree with Richard. These properties will only appeal to other investors and will therefore struggle with any real capital growth. In many Australian cities especially in Melbourne there are 1000s of apartments coming out of the ground. With reducing student numbers these type of investments are a bad choice. I suggest you look at…[Read more]
Nigel Kibel replied to the topic older first time investor in the forum Help Needed! 11 years, 6 months ago
The only point I would make here is yes Jacqui is correct the amount will not grow at the same rate however I did say if you kept these properties for 20 years this would be the result.
I would also say that yes creating equity as Jacqui does also works and works well. If we are talking about buying a property and holding it then it is difficult…[Read more]
Nigel Kibel replied to the topic Buy properties in group, get instant discount! in the forum Creative Investing 11 years, 6 months ago
There is nothing wrong with the strategy at all and I am involved in development products that do a similar thing however there is EVERY THING WRONG WITH DOCKLANDS
This is an area that will be dramatically involved in massive oversupply of property. Also do not touch the CBD of Melbourne.
I generally look inner suburbs such as Essendon however…[Read more]
Nigel Kibel replied to the topic older first time investor in the forum Help Needed! 11 years, 6 months ago
Hi Simon
You have a good income and yes you can buy in your super fund however with with your combined income you should also buy outside the fund. In my view you need to look at properties with high capital growth. In Australia most cash flow properties are not that high and generally they ofgfer poor capital growth,
If you buy a property for…[Read more]
Nigel Kibel replied to the topic Quick, cost effective Reno to manufacture equity in the forum Value Adding 11 years, 7 months ago
Homemade you should have a talk with Jacm she knows the area like the back of her hand and is really great with her knowledge and ethics you would not find a better person to deal with than Jacqui for that area
Nigel Kibel replied to the topic New Investors in the forum General Property 11 years, 7 months ago
The fact is it does not matter who you deal with you should always do your own research. It does not take a lot of effort to go on line to see what properties are selling for in a given area. The fact that so many people buy based on some ones word amazes me.
I tell my mentoring students that they should check everything I say because at the end…[Read more]
Nigel Kibel replied to the topic State of Florida Market – Freckle / Nigel / Anyone else in the forum Overseas Deals 11 years, 7 months ago
Since you are Freckles side kick that's a real surprise
Nigel Kibel replied to the topic State of Florida Market – Freckle / Nigel / Anyone else in the forum Overseas Deals 11 years, 7 months ago
Freckle does not prevent any story at all. He puts up graphs and states that people of population growth around the world we are going to run out of resources.
Secondly he says Orlando is dangerous because since 1924 3 hurricanes have caused damage. Orlando is two hours inland from the cost so in most cases by the time a Hurricane gets to Orlando…[Read more]
Nigel Kibel replied to the topic Orlando Florida in the forum Overseas Deals 11 years, 7 months ago
Freckle
One of the reason I like Orlando is because it is two hours inland so by the time a hurricane reaches Orlando it has died down so Orlando would never get the full force of the storm
Nigel Kibel replied to the topic Orlando Florida in the forum Overseas Deals 11 years, 7 months ago
Freckle
This post is about providing people with information about Florida. Again I will stress I am not telling anyone to buy here I am simply saying that I believe there are opportunities.
Now do I totally disagree with your above comments no. I do not need a simplistic lesson on why population may cause problems in the future.
However this…[Read more]
Nigel Kibel replied to the topic Commercial Real Estate in the USA in the forum Overseas Deals 11 years, 7 months ago
lol Thanks Freckle I will move to the moon it should be safer than Earth
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