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October 6, 2007 - 7:28 am
Dear Foundation,
We have a vendor log in on our website because it is a part of the standard real estate and marketing software that we use. There is no real estate and marketing software available at this time which is specific for a Buyers Agent so we use the same software that Real Estate Agents use.
Therefore the vendor login button is redundant by-product of this arrangement.
To answer your question all of our listings are sourced through privately listed sales, publicly listed sales and by other means through our global network.
We work on behalf the Buyer, not the Seller and at no time are we getting commissions or kickbacks for the properties that we source and thus there is no need for any type of disclosure.
I don’t appreciate your scepticism or calling me a “Crank” based on a single post without understanding what I actually was meaning to say.

I am very proud of the company I work for, and every single client that has used our service has made a lot of money based on our advice.
Furthermore, I have made a lot more money through Real Estate than I have ever earned whilst working for this company. I do this job because I like to create people wealth in the same industry that I have found so much success.
Kind Regards,
Mark Leith
Property Advocate
Global Buyers Agent
http://www.buyersagent.com.au
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October 6, 2007 - 6:38 am
Dear Investors,
I am not going to get involved in this one in fear of a backlash.
Kind Regards,
Mark Leith
Property Advocate
Global Buyers Agent
http://www.buyersagent.com.au
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October 6, 2007 - 6:23 am
madeinitaly wrote:
Global mark I hope you are fully aware of the statement you have made:15% return and a growth of 50% quarterly. Thats hardly believable. About other strategy i was thinking about Wrapping but it is hard with low socio-economic classes because they pay through centrepay and cannot afford something without rent assistance.
Thanks for your response.
We have recently secured a house for a client in regional Australia with a return of 12.7% on investment.
Furthermore, we have a commerical property listed on our website with a return of 14.3% on investment.
Kind Regards,
Mark Leith
Property Advocate
Global Buyers Agent
http://www.buyersagent.com.au
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October 6, 2007 - 6:16 am
Dear Jeff,
I would be more than happy for you to speak to some of our clients that can give you testimonials.
In relation to the Top 100 list, I am currently 27 years old and I already have 7 Investment properties, perhaps if all goes well you will see me there one day.
Thanks for the encouragement.
Kind Regards,
Mark Leith
Property Advocate
Global Buyers Agent
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October 6, 2007 - 6:12 am
Dear Investors,
Perhaps you calculate percentage in a more complex and different way.
However, a property purchased just before or during a boom that doubles in value within 12 months
(i.e 25% growth per quarter), is not un-common.
Kind Regards,
Mark Leith
Property Advocate
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October 6, 2007 - 5:55 am
Dear Investors,
Firstly I said UP to 25% to 75% per quarter, not 25% to 75% every quarter.
By studying market indicators and other factors you can predict the market to a certain extent, this combined with heavy negotiating it is possible to achieve what I have described.
If you purchase a property well under market or bank valuation combined with a boom in the market you buy into it is possible to achieve 25% to 75% IN A GIVEN QUARTER.
For example, the house I live in today was on the market in for $219,000 and I was able to negotiate the price to $165,000, within 3 months due to buying under market value and the area experiencing a boom we had the property re-evaluated $281,000.

For that given quarter we experienced 70.3% growth.

To illustrate how this calculation has been reached.

Purchase Price: $165,000
Re-evaluation Price: $281,000 (within 3 months)
Total gross gain: $116,000
Percentage of Calculation as follows:

$116,000 times by 100 divided by $165,000 = 70.3% growth.

Whilst I agree this is not the norm, what I can tell you is that it is possible providing you find someone who is motivated to sell for well under market value and you are buying at the right time in the market (i.e. before or during a boom)
What I can tell you for a fact is that every property our clients purchased in 2005 in places such as Kalgoorlie and Mount Isa have at least doubled in value within a 12 month period which is growth of 25% per quarter on average during that time.

Furthermore, we have clients buying houses in regional America for $10,000 which return 25% per annum.

Kind Regards,
Mark Leith
Property Advocate
Global Buyers Agent
http://www.buyersagent.com.au
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October 5, 2007 - 5:10 am
PS: I have recommended one of our clients to your service
You may get a call from him over the next week or so.
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October 5, 2007 - 5:09 am
Dear Morgage Broker,
I meant to say NO DOC, not LOW DOC. If they have the income but not the documentation then they should go for NO DOC.
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Mark Leith
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October 5, 2007 - 3:08 am
Dear Morgage Hunter,
No worries, thanks for the tips.
Over and out.
Kind Regards,
Mark Leith
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October 5, 2007 - 3:00 am
Dear Morgage Hunter (Shameless reapting of your Bussiness Name),
Simon I really enjoyed reading your post, most informative. I would certainly consider investing in shares in the future.
It's a matter of risk vs return:
1) I have lost count of the amount of people who have joined our Buyers Agency that have lost money playing the stock market.
(probably because they traded when they shouldnt have, but all the same)
2) I have lost count of the amount of people who have made millions from investing in property.
I think ultimately that your strategy will make you a lot more money because you will be getting gains in two asset classes.
However, you asked me the question "…do I have a passion for property or making money…"
Well I have to say that my first passion is for property and my second passion is for making money.
Some people like buying shoes, I am addicted to buying houses.
Currently, I am 27 years old and I have 7 Investment Properties, I am now sitting on about 1.7 Million dollars in property. I want to continue to invest in property at the current rate of 2 or 3 properties per year and if I was to start investing in shares I fear that my attention and buying power would be divided.
Kind Regards,
Mark Leith
Property Advocate
Global Buyers Agent
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October 5, 2007 - 2:24 am
Dear Jason,
You will need to shop around in your local area, but dont discount second hand doors, because once painted no-one will notice the difference.
Kind Regards,
Mark Leith
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October 5, 2007 - 2:21 am
Dear Richard,
I agree with what your saying there is a lot of irresponsable lending going on in Australia and around the world. You only have to look at the sub-prime issue in America to see where our future could be heading.
However, in this situation $700 cash in hand means that she is not delaring the income to the tax office, so in this case a low doc loan would be appropriate as they dont have docs to submit but they do have the income to support the loan.
In addition, we are making all of these comments without knowing the return on investment or the vacancy rate of the area. This and many other factors need to be considered prior to even thinking about getting finance.
Kind Regards,
Mark Leith
Property Advocate
Global Buyers Agent
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October 5, 2007 - 2:03 am
Dear Investors,
Well I heard one the other day and it goes like this:
Why not buy a block of acerage within driving distance of a capital city that is NOT subdividable.

Prior to purchasing the block seek informal council approval that you would like to ease the Housing Crisis by putting a dozen or more transportable homes on the block and rent them out as a seudo unit complex.
Could end up Trailer Park Trash or could be a real Cash Cow, what do other people think?
Kind Regards,
Mark Leith
Property Advocate
Global Buyers Agent
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October 5, 2007 - 1:57 am
Dear Morgage Broker,
Reading Steve's books is a great start and getting advise from knowledge people in this forum is also a good step in the right direction. Swimming in the sea of options and opinions have you considered purchasing any more of Steve's Products or using a Buyers Agent?
Kind Regards,
Mark Leith
Property Advocate
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October 4, 2007 - 12:57 pm
Dear Bradje,
No worries glad to help.
If you supply me with your email address I will send you an Info Pack.
Kind Regards,
Mark Leith
Property Advocate
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October 4, 2007 - 12:54 pm
Dear Wealth4Life,
Being flavour of the month is one of the reasons why you would want to invest there as it is a self perpetuating market.

PS: Brisbane & Adelaide have been the flavour of the month for the past 3 years now, it is just taking some other people longer to catch on.
Kind Regards,
Mark Leith
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October 4, 2007 - 12:50 pm
Dear Bradje,
On a case by case basis or if you like "number of key reasons", you need to use the following checklist before you buy any property:
1) Ask an independent person’s opinion of the town, suburb, and street.

2) Obtain data in relation to past quartly growth and median sale prices.

3) Private and Public Developments (Check state or local government development website for details)

4) Close to major shopping centre, good schools and other infrastructure that will attract good tenants to the area.

5) Within reasonable drive of Major Arterial Highway & Public Transport leading in and out of city.

6) Demand for tenancy (Obtain vacancy rate as a percentage.)

7) Population Growth (Increased or Declined in the past & future predictions, check 2006 census for details)

Employment & Industries to sustain demand for tenancy.

9) Is there any work to be done on the property? (Structural or cosemetic)
10) Obtain photos of surrounding homes and streetscape from the agent (If buying sight unseen)
11) What is the land size in sqm (land appreciates, buildings depreciate)

12) Current Rent

13) Market Rent (If the property became vacant, how much would it rent for in today’s market)
14) Year Built (Important to know for tax deprecation schedule)

15) All outgoings such as Rates etc
To answer your question, when you do your due-dilligence and research Brisbane and Adelaide stack up the best capital cities based on the the above checklist.
Kind Regards,
Mark Leith
Property Advocate
Global Buyers Agent
http://www.buyersagent.com.au

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October 4, 2007 - 12:40 pm
Dear Bradje,
Firstly, you cannot say for example Brisbane will have greater growth than Sydney, because you need to review each property and/or suburb on a case by case basis. You will find over the next 24 to 36 months that there will be suburbs of sydney that will outperform particular suburbs in brisbane for example and visa versa.
Kind Regards,
Mark Leith
Property Advocate
Global Buyers Agent
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October 4, 2007 - 12:36 pm
Dear Jason,
The best way to approach this is to buy new or second hand doors that are close to the measurement and then have a carpenter or handyman make the final adjustment to make them fit.
If you get doors custom built they can often be very expensive.
When selecting a second hand or new set of doors that you plan to have adjustments made to, make sure they are built from solid wood otherwise when you cut them you may end up with a situation where they will become un-useable due to the construction being hollow.
Otherwise have you considered painting the existing doors and installing new handles?
Kind Regards,
Mark Leith
Property Advocate
Global Buyers Agent
http://www.buyersagent.com.au
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October 4, 2007 - 12:30 pm
Dear Morgage Hunter,
I guess each to their own, I like to buy properties that are set and forget. I like to idea of going overseas for a few years and coming back to my porfolio having grown with little or no attention.
On the other hand from what you and others have told me you really need to keep tabs on shares on a regular basis and unless you have a passion for shares this would seem like a lot of hard work.
However, for someone like yourself it would be a lot of fun.
Keep it up and I hope you continue to create a lot of wealth by investing in shares.
Perhaps when I am old and I can no longer leave the computer I will be more interested in playing the stock market.
Kind Regards,
Mark Leith
Property Advocate
Global Buyers Agent
http://www.buyersagent.com.au