Rich Mum replied to the topic Metropole-Mcorp Buyers Advocates in the forum Help Needed! 16 years, 11 months 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
Rich Mum replied to the topic Property Developer Wannabees SEEK ADVICE FROM SUCCESSFUL PROPERTY ENTREPRENEURS in the forum Help Needed! 16 years, 11 months ago
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! 16 years, 11 months 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]Rich Mum replied to the topic WHAT IS THE BEST BOOK FOR BEGINNERS IN PROPERTY INVESTMENT? in the forum Help Needed! 16 years, 11 months ago
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 agoSteveMcKnight 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 17 years, 3 months ago
Thanks Terry.IS there a way to mitgate the risk for the buddy as well?