reistar replied to the topic Investing after Bankruptcy… Scared as Hell!!! in the forum Ellieguinn, I just want to 15 years, 9 months ago
Ellieguinn, I just want to wish you the best of luck with this endeavour. Trust your instincts and rely on the advice and training that you received. And never forget the valuable lesson learnt previously.
reistar replied to the topic Dodgy pyrimid scheme, Network 21 in the forum General Property 15 years, 9 months ago
You need to pay joining fees and then to progress to the next level, you need to become a 100% user, which means you need to buy the products on a monthly basis, and their products are not cheap. Then you need to sign on other people in your little pyramid and ensure that they also become 100% users. Or sell the products to other people. the…[Read more]
reistar replied to the topic When do i do my building/pest and valuations? in the forum General Property 15 years, 9 months ago
I tend to agree with what Dan did, makes much more sense and leaves you with time to sort out if any problems arise.
reistar replied to the topic Recently Bought a unit – What should i do next in the forum Help Needed! 15 years, 10 months ago
Best thing you can ever do is read read read, its best to do your own research!- Start from scratch with your goals- Build step by step – most importantly follow your heart! if it seems to good to be true it probably is!good luck with everything! PeterNew Automated "Hands Free" Deal Attraction Method – http://www.Get-More-Deals.com
reistar replied to the topic Areas to purchase properties in the forum Hi,
I am not based in 15 years, 10 months ago
Hi,I am not based in Australia but your reasoning to purchase close to schools are spot on.If you can find any 4Br homes at a decent rent or lease payment for your prospectiverenter you should go for it.Best of luck…PeterNew Automated "Hands Free" Deal Attraction Method – http://www.Get-More-Deals.com
reistar replied to the topic Reason for selling unknown in the forum Do your due dilligence, if 15 years, 10 months ago
Do your due dilligence, if the deal seems good, make an offer that would be a win-win for you and the seller, remember to leave in a margin of protection.PeterNew Automated "Hands Free" Deal Attraction Method – http://www.Get-More-Deals.com
reistar replied to the topic Help me to expand my business. in the forum Creative Investing 15 years, 10 months ago
I have 2 suggestions.1. I would start a website geared for investors to a specific niche area where you live. Start building a list of people who want to invest in real estate or who are already property investors.2. I am biased, but this is my system for getting deals and uses the internet to find deals. http://www.get-more-deals.comHope it helpsPeter
reistar replied to the topic Making an offer – whats the rule of thumb? in the forum Help Needed! 15 years, 10 months ago
Deciding How Much to Offer:The advertised price of a house is just a starting point. It's up to you to decide how much the house is really worth, based on such factors as:how much comparable houses have recently sold for whether the local real estate market is hot (demand for houses is high, and prices are going up) or cold (prices are dropping)…[Read more]
reistar replied to the topic rental property spreadsheet in the forum Help Needed! 16 years, 4 months ago
Hi,Here is a link to a spreadsheet:http://www.speedsheets.com.au/SS_RNT1.htmGood investingreistarwww.birddogsecrets.com
reistar replied to the topic How much can we borrow? in the forum Help Needed! 16 years, 4 months ago
Hi Sav,I pulled this off http://www.sorted.org.nz/home/sorted-sections/mortgages/how-much-can-i-borrowHow much a lender will lend on a property"low equity premium" or "mortgage indemnity insurance" if you borrow over 80 percent. This protects them from the risk that you might not keep up repayments. It is a lump sum which you can pay in cash or…[Read more]