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Rich Mum

  • Rich Mum replied to the topic Metropole-Mcorp Buyers Advocates in the forum Help Needed! 17 years ago

    Hello all,Would like to hear if any one has engaged as a client to Metropole GRoup company as a buyers agent or source the company for property development.  Would love to hear your experiences with them as a buyers agent and your opinions on the value they add in your property portfolio.Thanks in advance

  • Hello scott no mates,Some clarification on your comments please?1- apply for any required DA during the settlement period – make purchase conditional upon vendor agreeing to signing a DA. If the work requires a DA after you settle, the holding costs will bite into your profits.What is a DA? 2- get a delayed settlement (to cater for 1)3- CGT is…[Read more]

  • Rich Mum replied to the topic Adelaide in the forum Help Needed! 17 years ago

    kum yin lau wrote:
    Hi, I bought a house in Blair Athol & have approval pending to sub-divide it while retaining the existing house. The old house is a bit tired looking & requires an update.The house is on 500m2 originally just under 800m2. The new allotment alongside is 295m2.The project will suit a handyman or someone looking to expand a…[Read more]

  • Hi Megsaletta,I am currently reading Michael Yardney's book How to grow a Multi-million Dolalr Property Portfolio- in your spare time and found it an essential reading to prepare your mindset as a property investor.RegardsRich Mum

  • Rich Mum replied to the topic Adelaide or Brisbane in the forum SteveMcKnight wrote:
    Hi,
    To
    17 years ago

    SteveMcKnight wrote:
    Hi,To throw in a different opinion, if I was betting on the next city in Aus to experience above average growth, I'd be putting my money on Sydney.Adelaide is at the tail end of a recent boom, Queensland is experiencing a increase in prices, but when Sydney goes again, it will make both look insignificant by comparison.All…[Read more]

  • Rich Mum replied to the topic Adelaide or Brisbane in the forum Help Needed! 17 years ago

    noobie wrote:
    I only invest in Adelaide – yet I was originally from Brisbane. I'm still learning, but I currently have 6.The way I saw it was easy – I bought 2 units for the same price as 1 unit cost in Brisbane. But the rent is 1 1/2 times more than I would have received on that same cost if I'd bought in Brisbane.So I'm out of pocket the same…[Read more]

  • Rich Mum replied to the topic Set up Trustee and Trust in the forum Legal & Accounting 18 years ago

    Thanks Terry.IS there a way to mitgate the risk for the buddy as well?

Rich Mum