Forum Replies Created
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.
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. their products are great, but very expensive.
Not worth it!
I tend to agree with what Dan did, makes much more sense and leaves you with time to sort out if any problems arise.
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!
Peter
New Automated "Hands Free" Deal Attraction Method – http://www.Get-More-Deals.com
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 prospective
renter you should go for it.Best of luck…
Peter
New Automated "Hands Free" Deal Attraction Method – http://www.Get-More-Deals.com
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.
Peter
New Automated "Hands Free" Deal Attraction Method – http://www.Get-More-Deals.com
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 helps
Peter
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)
the seller's needs, such as to move quickly or to be reassured you've got the financial resources you say you do
whether the house is uniquely valuable to you, for example if you need an in-law unit or art studio, and
what you can afford, after a careful examination of your budget.Hope it helps
Hi Sav,
I pulled this off http://www.sorted.org.nz/home/sorted-sections/mortgages/how-much-can-i-borrow
How 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 add to the amount you borrow.
- Lenders may also ask you to get a valuation on the property. If there is a difference between the purchase price and the valuation, lenders usually work out how much they'll lend on the lower figure.
Hope that helps, good luck you will do fine!
