Hi bagpiper, Don't pay any attention to the masses, or the media. In Australia it seems we always are happy to pay discount prices for everything, shoes, tools, clothes, furniture, etc. The only thing we don't want to pay discount prices for is our assets. We would rather wait till the press tell us the market is hot, wait till we are fa…[Read more]
Hi, I have had success as have our clients with both three bedroom and two bedroom properties. Personally and from all the years of experience I have in property investing it is more important to look at the figures and the key indicators to determine if a property will be a viable investment. Consider these two recent examples from p…[Read more]
Hi Bek, If you believe your property price is fair market value and the rent of $760 per week is correct market value as well then you might find a private buyer on here. I also would be happy to look at the deal to see if it matches what one of our investors may consider. RegardsPaul.
Hi Rich,I think our phone conversation helped clarify your questions, for others reading in summary. "Income" is the cash-flow, "If come" is the growth, you need to clarify your strategy and identify what your first priority is and then ensure you build a portfolio that will meet the medium and long term goals. I think from out chat you will a…[Read more]
Hi Rich, thats a good question. There are two types of property when speaking about cashflow: one is positive cash-flow and the other is positively geared. + geared allows for all the benefits of deductions etc so the property is positive on paper at the end of the financial year. You need to factor in all your personal circumstances to de…[Read more]
Hi Rejectedworm, The current market is producing good positive cashflow properties in many areas. Victoria certainly is a state worth considering, however don't limit yourself to one location. The opportunities also come up in markets that you would not expect, keep your criteria open and dont box yoruself in, also ensure that you approach the…[Read more]
Hi Youness, The full service is $3,300 including GST for your every day type of property, it is a flat fee. It does vary though for multiple income type properties. Send me an email with your contact details or call the office tomorrow and I will arrange for more information. Kind regardsPaul.
Hi again, Depending on the type of the property you want, you almost have enough to get started with your first property. A recent real life example is if you buy a property for $95K renting for $180 per week = 9.8% return If you only borrow 80% your deposit is $19,000 allow 6% of the purchase price for your costs $5,700 I hope this is a good gen…[Read more]
I have had some calls this week from forum members so thought I should come onboard and say hi and thank you to those who have replied to this posting and also have called our office. The posting was initiated without the knowledge of We Find Houses, but it did motivate me to sign up as a forum member.
I am happy to have a chat with anyone w…[Read more]
<font color=”#000000″>I have had some calls this week from forum members so thought I should come onboard and say hi and thank you to those who have replied to this posting and also have called our office. The posting was initiated without the knowledge of We Find Houses, but it did motivate me to sign up as a forum member.
I have had some calls this week from forum members so thought I should come onboard and say hi and thank you to those who have replied to this posting and also have called our office. The posting was initiated without the knowledge of We Find Houses, but it did motivate me to sign up as a forum member. I am happy to have a chat with anyone who w…[Read more]
Hi All, Great Post Adam, Its interesting to read such a mixture of positive and negative opinions on the ability to buy cashflow positive properties. In the last two weeks we have secured returns for properties ranging from 8%-10% as a gross return before rent adjustments or value adding.A key point to target these properties is to have your…[Read more]
Hi Ken, Reading Steves book is one of the best starts you can make, it will get your thinking right. Once you have done that get to know the market, try to identify what you want to achieve and in what amout of time. When you have done that it will be easier to identify what strategy you want to take and then you can start with the end in mind.…[Read more]
The most important thing is to not have your identity tied up in your money, enjoy your families, friends and live to make a positive contribution to those around you. The investors who I love speaking to and spending time with are those who are having a go and being smart about wanting to achieve some security but who have a healthy perspective…[Read more]
I manage some of my properties myself and I have found no problems with renting to people who need a hand with the bond. Most of our tenants who needed this assistance came through Anglicare. We still assess them as individuals as in all groups of people there are some who are going to be better tenants than others but the…[Read more]