Hi Daniko,I have been told this guy is very good, he is based in QLD but he may be able to either still help you or recommend someone in NSW.His name is Ian Yeo, ian.y@pbbroking.com.au as I said has a pretty good reputation in the student accommodation field, he is definitely worth an email.Good luck
as i suggested to someone else today, go to your library they will have plenty of books to help and it will make you feel like your doing worthwhile research. just make sure you are reading up on Australian Authors to start with. i wish my daughter would take an interest like you have . good luck.
Hans Jakobi has a book "Due Diligence made simple'. I would imagine your local library has a copy. I have a copy at my office – which i have to confess i haven't looked at – if it has a basic list i will post it here later today.
Ash,If it's in QLD then you can do that providing to stay on for six months after you move in.Here is a link for the different states. http://www.firsthome.gov.au/
Hi Daniel,The range of rules between states is truly phenomenal, no one could really be expected to be on top of every state. i spent a large part of my life in NZ where its all the same – well it used to be.
I beg to differ, in QLD your body corporate fees are separate to council rates. With water you need to check whether the complex is individually metered, I believe new laws allow excess water usage to be passed on to tenants. Having said that, I also have a sneaking suspicion in the back of my mind that this may not apply to units at all, even if…[Read more]
well I have a couple of holdens for work and family purposes but what i really love are my 1976 Triumph bonneville and my 1966 (garage built by myself and friend) custom Triumph Thunderbird. Two wheels makes the world disappear – for a little while anyway
I was offered a laundrette in New Zealand once – probably around your age actually – but had other things on my agenda. I often kick myself for not looking into it more thoroughly. The area was low income and multicultural and was always busy. However that was a long time ago, so i don't know what the demographics for that style of business…[Read more]
cosmic wrote:
How low is too low to go on an offer?We put in an offer $30k below on a house and the owner was disgusted.
pretty standard stuff these days for houses, don't be too put off. I know some vendors can take it to heart. Move on and keep trying until you find the vendor who needs to sell. Just don't be too stuck on the idea of…[Read more]
I have sold quite literally hundreds of units and townhouses, purely because i specialise in the under $300,000 market and that – in S.E.QLD anyway – is pretty much all you can buy in that range. I can tell you that the majority of my clients have made excellent capital gains as well as now seeing fantastic returns, due to the philosophy of…[Read more]
my advice would be to check with a few local agents if the rental returns being quoted are achievable, particularly if its a guaranteed rental for 12 – 24 months. Funnily enough I was looking at a cashflow positive companys advertising in an investor magazine last night quoting fabulous returns. one glimpse of the guaranteed company returns…[Read more]
wont the vendor extend? Although it may seem a big ask, you may be surprised. it would mean they have to go through another finance clause with a new buyer if they crash it.I have to say pretty much every contract i have had since, probably January if not before has gone close to 45 – 55 days with finance being the culprit , taking a majority of…[Read more]
Hi Compleks,Being an agent i will obviously say it's a great time to buy The fact is, i believe a good buy is a good buy so if you can pick up the right property to suit then yes now is a good time. I do not deal with Melbourne property but i have contacts down there that can help with the advice both strategic and financial and they have helped…[Read more]
I have to say i agree with wealthforlife, I think you are a little bit too hopeful trying to sell a 2.3 million dollar block on a forum, especially the way you are going about it. If you don't have absolute control over it you will not get very far, sorry to say. And to be honest there are a hundred such buys available here on the Coast. I know…[Read more]