Dear Felicity,

I think it’s a very good idea, I’ll come. My Name is Rick, my phone numbers are ******* mobile ******.

By the way (and if you read this e-mail on time) why don’t you come to tomorrow’s (Sat-6) first Investor’s meeting, it will be held at Ross House on 247 Flinders Lane starting at 4:00 pm. It’s on the 1st floor (ring the bell 1st…[Read more]

Dear Bear,

Valid point. When would you suggest future meetings should take place? I still hope you can make it to this one and express your views and valuable opinions,

Regards,

Rick.

quote:
Hi Richardo,

Just wondering if your meeting is open to all and any who are interested or invite only? I’d love to sit in and see what everyone has to say and what opportunities are out there for partnerships []

Thanks
Jen

Dear Jen, And Everybody.

Yes meeting is open to all – It’s this Sat. Dec. 6th from 4:00 to 7:00 at Ross House do…

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Hiya,

Is there an cutoff age for the ‘Young Investors Group’ I’m not sure where I stand at 31 [][]

Cheers
Soosh []

When a problem is created the solution is created simultaneously

Hey Sooshie!

I’m a bit older than 31 myself! And yet I’ve been made welcome by Steve, so I’ve jumped in! I’m sure everyone else is welcome too! Just by way…

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quote:
Great idea – just remember that by pitching it to younger people you may cut out those who have years of experience to bring to the table.

I wish you guys every success.

Cheers,

Simon Macks
Mortgage Broker
[email protected]
0425 228 985

Comments may not be relevant to individual circumstances. If you intend making any…

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Hi Steve and everybody else!

Just a few notes on our meeting this Saturday Dec. 6th. The meeting will now be held in the 1st floor, which is a better room. There’s hot water but no tea or coffee, so bring your own or soft drinks. I’ll be there at least 15 minutes early. Please try to be on time. If you’re running a bit late ring the “front” bell…[Read more]

quote:
hi richardo

join the rest of us who have found it near impossible to by cash positive in Vic. ewhat sort of return are you after? i’ve found the best returns are found in the west of the state, but even then not fantastic, i haven’t been able to buy anything since June and that was in a smaller town than i would normally go for. It was…

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quote:
Sounds like a great idea. I’m in!
PS. Who’s Vivarto?

Dear James,

Vivarto is a guy who’s starting a NSW group – from memory. Look him up by name through search. he has some terrific ideas. Also email me direct at rickbonelATyahoo.com.au or call me 98133809 or mob.0413217530 as we are alreeady organizing a meeting for the 6th of December.

See ya!

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Hi Richardo,

I too am new to this and am looking for potential investment partners (my family and friends think I am mad to invest in the country). I’m also in Melbourne and if you are still interested I would like to discuss what you are looking for in a partner?

Cheers!
Minxi []

Dear Minxii,

Sorry it’s taken me a bit to get back to…[Read more]

quote:
Richardo

An option would be where you approach the vendor, outline what you plan to do, and offer to split profits with them when they do onsell. This way, you are not buying it, you are merely ‘carrying out the business of renovating’, and will reap the reward on sale. Perhaps less money for you, but if you take out stamp duty, CGT, and…

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quote:
Even if double stampduty can be avoided (as I believe is actually possible under certain circumstances) the transaction between you and the end buyer is likely to become complicated by the resentment rising up in the endbuyer about you making a large profit out of him/her !!

So better to pay the stampduty and have no hassles and…

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quote:

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Hi everybody!

It’s very tempting for me to consider the following proposition which I may be in a position to do: Find a property that needs a facelift. Try to get 60 day settlement or more. Organize my renovation quickly and sell. In other words, a “renovation and flip” but you actually sell before settlement so you don’t appear as…

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Hi Gang

I would love to be in buttttttttt I’m in Vic. Maybe this could happen in Vic, preferably CBD or western side. I’ll be moving to Geelong in December. Any takers out there.

John

Dear John,

Vivarto’s idea is great! And he seems to know what he is talking about. Too bad we live in Melbourne, but maybe not too bad, hey! My p…[Read more]

quote:
hey phobia
i am in the same boat as you i live on the gold coast and have the enough resources to buy 1 or 2 investment properties and are very keen on meeting like minded people to create a plan doing the same thing. is there anyone else on the gold coast or brisbane.

simon

Hey, 2muchmoney!

I’m in Melbourne and thinking about getting a…[Read more]

quote:
Hey,
This meeting idea is just what us Newbies need. I graduate in a weeks time, but I am very interested in property investing. I have read a heap of books on investing, but Steve’s has been the most informative. I am having a year off next year and then doing a Bachelor of Business at Griffith Uni on the Gold Coast. I have the money to…

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quote:
What area (geographical) are you looking into Richardo??

Dear Jaapmeenchi,

I live in Hawthron East, in Melbourne. I see that you are also in Victoria. I have located properties here in Melbourne (through a spotter who also renovates.) Also, through the net, I have located various other properties in other parts of Australia – Queensland…[Read more]

quote:
Hi Richardo, welcome to the forum.

I would suggest that the first thing you do is sit down and write out a plan for yourself. Work out such things as the cashflow you want per week/month etc. Then work out how much equity you want, how much cash etc.

Then start talking to friends/family who might be interested in investing with…

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