I claimed a portion of it with no problems many years back Terry?

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator

Personally i think Commercial and Industrial properties are a slightly more ‘specialised’ field and an area where you don’t want to make a mistake on your first deal..potentialy it could ruin you..

We all know about residential property, we spend time in it every day, pay the bills for it yada yada..

CIP and IIP is different and usually more…[Read more]

Great response Dazzling i’m sure it will make some of the Forum Members *think*; posting some numbers on deals like this helps keep people motivated.

Like Marisa i dont have access to large funds (yet[blush2]) however enjoy reading about other deals out there or ways of achieving the deals, as i slowly progress to my next deal.

Thanks for the…[Read more]

Hi Ausprop

A friend who is working for National Homes (WA) said that new housing sales have been starting to drop off (for them atleast)..whats your take on the sitaution?

I believe costs are still rising at least 1% a month to build a new dwelling..

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The…[Read more]

Hi dazzling..without posting your contacts or addresses..how about posting the numbers of these + CF deals for all in the forum to see?

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator

Change PM’s…

What area in Canberra ?

And does anyone know a good PM there ?

Melbear ? Shaun ?

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator

do you have a link or any details to post for the FORUM ?

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator

Wasn’t there a bank looking at doing something similair ?

Decreased intrest payments for a share in the increased equity ?

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator

We also have additional costs on top of the Management fees such as inspections etc etc in WA

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator

also try searching on the FORUM for past posts, i’m sure this has been discussed before.

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator

MARISA

Im Pro IP’s, however, i know many people who have done well with land..look at areas such as BRIGHTON (spelling?)since it was established.

Agree with it having to be unique.

Friends bought prime landin Port Bouvard and mandurah some ears back..$$

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count…[Read more]

Sorry folks my mistake in not fully explaining the post; the first portion is from an article in Saturdays West Australian paper

Hi all,

Just a quick post regarding the latest and *interesting* article i saw in The West..

PERTH land Prices increased 55% thats four (4) times faster than the median house prices during the last year.

AND

Supply…[Read more]

paying 8.5% and 9.35%
*SUCKS* Compared to some other states, the option and headache is to self-manage…

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator

Horrible property..bad Feng Shui and no padded cushions on the chairs..

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator

Off the top of my head..

1- Build a team and keep in regular contact (REA, Accountant, Mortgage Broker, Other Property investors, PM, Valuer etc)

2- Time + Effort = Wealth

3- Enjoy the ride

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator

Agree Westan..we’re all looking for a better deal, more knowledge, help, advice and someone to bounce *ideas* off in the forum…thats the beauty of it [thumbsupanim]

All the best -Redwing

PS- keep the forum updated on your progress in the Us of a and NZ

“Money is a currency, like electricity and it requires momentum to make it…[Read more]

I’m using Phillip from RMG [thumbsupanim]

Thanks to DEREK [king]

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator

Dazzling i’m with you on Tip 8

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator

Thanks for the information guys

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator

I tend to agree with some of what Marisa says – i’m more inclined to buy than build. I believe costs of building are going up 1-2% permonth (due to steel prices and other factors) the waiting list ‘is’ still long, hard to find quality tradesmen, bricks in short supply still ‘yada yada’.

I have an IP in CLARKSON and it’s gone + CF a while ago, i…[Read more]