Forum Replies Created
- PropertyProf wrote:Hi Folks,
I am considering a property through the Investors Club, and wanted to know.. are the prices they list negotiable? Has anyone tried putting in a lower price than the listed price in the Expression of Interest form (and successfully gone ahead with the purchase?)
Hello
TIC has researchers that negotiate a set price for the property,all the bargining has been done for you. They would have tried to get extras for you at no extra cost. I have purchased 3 properties with TIC, now I would not have it any other way. They look after you pre, during and post purchase. Far better than any real estate would do.
Hello Mister Phes,
If you are seeing Kevin Young I won't pursue him.
I bought my first property without the guidence and assistance from TIC. I was in tears, stressed to the max about everything going to plan at settlement. I had no idea what to look for when doing an inspection etc..
The following 3 properties I had purchased were through the club. To me the purchase is a breeze, it is a set price, TIC have got the best possible price, sometimes better than the local real estate could sell it, they assist in getting the property rented etc.
This year my partner and I deceided to buy a house to live in as where I am, it is cheaper in some cases to have a mortgage than to rent. The same thing has happened, 5 years after purchasing without TIC, and nothing has changed. Real Estate are here for the vendor not the buyer. That is why it is so good to buy TIC properties as you are protected far more than investing out there on your own.
So you would know all this anyway.
If you have not been to the annual conference, the one for 2010 is on the Gold Coast, you should try and get yourself there, then you will understand that it is a club, everyone is there helping others with issues, giving ideas about what they have done to get to the next stage etc…
I have been to the last 3 conferences, and am trying to get to next years as well.Regards
Property GuruMister Phes,
I will be speaking with the founder of TIC tomorrow, I will ask if he will reply to your questions.
Just to let you know I am a member of the club. I have purchased 3 properties with the club, they were sooo helpful, I dread everytime I consider buying outside the club as you are not protected as you are within the club. The services availble to you free are there for the life of the property being in your name. Real estate cannot do that for you. They take their money and run.
Regards,
Get a quantity surveyor report done. If your accountant says he/she can do it for you get another accountant. Make sure your accountant has investment properties as then you both have an interest and your accountant will be up to date with everything regarding investment properties as it will effect him/her as well. Depending on the age of the property, if build earlier than 1985 you can not depreciate the building but will be able to depreciate the renovations and further improvements.
Regarding fence, my thought are much the same as the comment above from duckster.
I thought I would let you all know that I have bought several properties through the investors club, now looking for another. The purchase process is so stress free compared to doing it through a real estate yourself. Buying through a realestate agent I have done twice and say I will never do it again. TIC support you well after settlement, RE don't. And I could go on and on why they are better.
