@Terryw: I’m not ready to make an offer yet… Was just gathering information on how to proceed with the execution. I’ll probably have to contact the agent to find out more information about what the vendor’s needs are and tailor an offer to suit them. All I have is the form behind the property brochure, but it only gives you one option for offer.…[Read more]

Who is doing those @Richard Taylor?

Is it via private funding?

Thanks All for your precious advise.

@thenewguy: Mate, I totally second your opinion. But while dealing, how would you differentiate between a good buyers agent and bad agent. I have been talking to people in market but not able to fix one to buy property for me.

@richard : Thanks Richard. I am actually targeting long term portfolio growth to…[Read more]

I’m doing my best to change this. One house at a time. ;)

hi guys.
thanks for the tips..

@melbourninvester, for me, what i do is to pull up a Brisbane train map , and circle the inner city subs that was on the train map ( basically the circle within the diameter shorter than half of my little figners size, lol) , the highlight a few major station, up / down/left/right, and go to the details of that…[Read more]

@Richard do you know what sort of discounts are available on the 3/5 year fixed for multiple properties off the 3.99 and 4.39 quoted?

Not that much less than we are currently getting from St George after all their published and unpublished discounts are applied.

@Richard: My dear apologies mate.  It was late at night here when I was reading this post but now that its morning I can see I was way off with reading the figures. Oops…I apologies for my mistake. Just learned that I should not be giving anymore feedback on any posts past 12am !!! lol :)
Cheers
 
 

@Richard, Thanks for the warm welcome. I have been working over 2 1/2 years in my casual job.

@Shahin, its Victoria.

Thanks & Kind Regards,
Lak

Good thing i stumbled upon this post. I am new to this forum and property investing. After attending a one on one strategy planning with ironfish i asked the question of the trust structure because i just finished reading steve mcknight's book. I have been told that i can't claim tax if i purchase a negatively property because the trust does not…[Read more]

@Richard.

Have seen another economist suggest we'll get a full 1% drop in rates over the next 12 months. Well we have had 0.25 so it will be interesting to see what transpires.

What is that joke – send two economists into a room with the same set of figures and you'll end up with three different opinions.

I've learned stacks from this website… and of course the professionals of the industry such as Richard share pearls of wisdom every single day.  I think a lot of the newcomers to the site are quite taken aback by just how much valuable info people are happy to share with them.

@Richard…. property enthusiast, hey?  Ohhhh I'm so proud of you!…[Read more]

@richard, i'm more referring to the valuation of the property by the Bank…typically, lenders will lend you 80-90 percent of their valuation of the property, in their own mind, that's how much the value of the propety….but of course, the market will might have a higher value…….you know from your prefession, Banks are conservative in…[Read more]

@Richard aka Qlds007. What type of license do you need to be able to ask for spotter's fee?@Maurice. Where can I find this 20 in 12 Investment Rule?Thanks.

@ illuminati thanks so much for that information, and I’ll try not to steal your properties one last question for you, I heard about an area called Onkaparinga Shire (sorry don’t know the spelling), do you know anything about this area?

@Richard Thanks for your reply and offer of the reports, I might take you up on that once I get a bit deeper…[Read more]

Hello again, @Richard you came up with some key points, thanks for that. @Garry one more time thanks very much. It's always good to know other people's experiences, it's a part of the educational process.If I have more questions I will certainly let you know. Thanks I found this network !Cheers Alex

And also the interest rate as well…. needs to take into account@Richard, are they going to charge purely residential rate or semi commercial/residential rate?