Nigel Kibel replied to the topic TIC in the forum Help Needed! 12 years ago
I have decided to establish a Property Know How Club. The idea will be to provide education and joint venture projects for people to be involved in. Membership will be free. My view is that I want to use my experience and the experience of others to at least point people in the right direction. I will offer things such as mentoring but I still…[Read more]
Nigel Kibel replied to the topic just been to a positive real estate investment seminar in the forum They do offer a mentoring 12 years ago
They do offer a mentoring program but it is important to remember that they are a business and do need to make money. The real questions is if you are paying for a service will you get value from it.
Nigel Kibel replied to the topic just been to a positive real estate investment seminar in the forum Heads Up! 12 years ago
They do offer a mentoring program but it is important to remember that they are a business and do need to make money. The real questions is if you are paying for a service will you get value from it.
Nigel Kibel replied to the topic How do you handle criticism? in the forum Opinionated! 12 years ago
I used to get really frustrated especially with family, now I found the best solution is that I do not tell family what I do that way I do not have to let it bother me.
Nigel Kibel replied to the topic $250K what to do? in the forum Help Needed! 12 years ago
I would suggest to be creative, maybe look at a development project, or team up with people who have the experience
Nigel Kibel replied to the topic US tax return help -Aussie with US property investment in the forum Overseas Deals 12 years ago
i recommend you speak with Donna Shaw she is a us tax accountant who lives in Melbourne. Her number is 0412260758. She is very good.
However its worth pointing out if you are going to invest in the United States it is important that you look at more than one property otherwise it can be expensive to look at professional services.
Nigel Kibel replied to the topic RE: Melbourne, Australia in the forum Overseas Deals 12 years ago
I think the Melbourne market will continue to grow but it may be slow for the next few years. Personally I prefer to develop property in Melbourne because at least by doing that we can get property at a real wholesale price. If you are going to pay retail at least do your due diligence very carefully. Make sure that there is demand in the area.…[Read more]
Nigel Kibel replied to the topic What else do you do? in the forum Forum Frolic 12 years ago
I develop Property and buy commercial property in the United States. My hobby and passion is politics I loved watching the US elections not so much the result. I also follow Australian politics used to be very actively involved and still follow very closely. Of course politics is also important for what I do. My daughter is also blessed with a…[Read more]
Nigel Kibel replied to the topic Rick Otton in the forum Heads Up! 12 years ago
I thiink all education is great however most people who run courses like this or others on how to be a property developer do provide great information however the average person does not have the time and or experience to do these deals. Most of these things are not part time ventures. They take time and commitment. Most of these strategies taker…[Read more]
Nigel Kibel replied to the topic Did anyone used this Agent : 888 US Real Estate in the forum Overseas Deals 12 years, 1 month ago
There seems to be lots of people promoting the US who have never been there or met the people they are in business with. Always do your own due diligence. If they have not met the people they are in business with how can they know whether the product is any good or not
Nigel Kibel replied to the topic Property investment seminars – genuine only! in the forum Help Needed! 12 years, 1 month ago
The Problem is that many of the marketing companies that run the seminars attract people who have no money so they get you all excited and then release the sell speakers. You know the ones, how to be a property developer in just 5 days. The reality is if you pay $5000 for a course then the promoting company gets half. That shows great value to…[Read more]
Nigel Kibel replied to the topic What do you purchase? in the forum General Property 12 years, 1 month ago
hi I have been doing this for some time. What I do is develop property and I bring in partners to share the profit. This is the only real way to buy a property at a real wholesale price
Nigel Kibel replied to the topic Defence Housing Australia (DHA) property investing in the forum General Property 12 years, 1 month ago
You pay high property management fees and the properties are often not in first class locations. There fore your capital growth could be limited. Frankly with high Tennant demands across Australia I think there are better options.
Nigel Kibel replied to the topic Beginner requiring advice on overseas (USA, Atlanta) rental income. in the forum Overseas Deals 12 years, 1 month ago
Hi Curiouscat
What you have to consider is that Banks do not lend on residential real estate for foreign Nationals.The reason is that they deem it high risk. Be very careful in markets like Atlanta. When you work out your returns make sure you look at net figures not gross. Because there can be so many cost you need to look at this carefully. Do…[Read more]
Nigel Kibel replied to the topic Very green behind the ears……… in the forum Help Needed! 12 years, 1 month ago
I am not a broker suggest you talk to Richard Taylor who is 007 here a very good broker
However you have said you are green. Then make sure you are not. Carefully do your due diligence and work out a plan as to what you want to do. Most people who lose money in property do so because they do more due diligence on what blu ray player they will buy…[Read more]
Nigel Kibel replied to the topic Can anyone recommend a buyer’s agent? in the forum It depends on what you are 12 years, 1 month ago
It depends on what you are looking for
Just one word of advise. Make sure that whoever you use actually inspects the property. I know that some companies find the properties on line tell there clients to do their own due diligence and then charge the client 2,5%Make sure they have experience and know what they are doing. How long have they been…[Read more]
Nigel Kibel replied to the topic What I have learned about investing in the United States in the forum Overseas Deals 12 years, 1 month ago
It is also important to remember that unlike marketing companies when people partner with us in America we supply them with professional reports and spread sheets. They are more than welcome to do as much due diligence as they like. In fact w encourage it
Nigel Kibel replied to the topic What I have learned about investing in the United States in the forum Overseas Deals 12 years, 1 month ago
Speedy I agree that it is very difficult getting high returns in Texas. Because the market has not fallen and the economy is strong. However I am working with some developers in Texas. There is money to be made there. In terms of the returns they are available. I will get my business partner who works with one of the largest commercial firms in…[Read more]
Nigel Kibel replied to the topic What I have learned about investing in the United States in the forum Overseas Deals 12 years, 1 month ago
Thanks Rob and Jay for your comments as well. However it is possible to look at higher returns. As mentioned we are seeing properties returning 17% and there are not c or d class properties
Nigel Kibel replied to the topic The only way to achieve success is to have a strong self esteem in the forum Hi World Investor 12 years, 1 month ago
Hi World Investor
I could not agree with you more. The point I am making is unless you have a positive attitude and a strong self-esteem it is unlikely that would would get to the point of making a plan.
What I normally do is I get people to work on a life plan. This way you get to look at all aspects of your life, including what has stopped you…[Read more]
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