Need people to respond not just read I need help in more than one way:)

Ha ha ha Just about falling asleep needed a good laugh to wake me up thanks for the support

If you are going to turn the money around quick to make a good profit and you can prove to people that it can be achived you shouldnt have to much trouble getting private investors . providing there is a good margin in it for them. If you want to borrow to hold on 4 a few years then you will stuggle to find a normal lender. There are private…[Read more]

Good call Mogul75

Be careful spending to much time unless propertys are still going up in your area if they are on a stand still or starting to go down sell asap. Dont wait to put the spa in . How ever if they are still moving upwards and the people that would be looking in the area are younger people then this might be a good thing . Once again be careful not to…[Read more]

Look for property yourself just do the home work.Talk to as many people as possible were you want to buy. Were you live seems to be some good cash flow property . you will probably find the best deals in your own area as it is easy to see what is going on aroud you all the time.Cheers Rick

Depends on the value of the property. Be careful not to spend more than 10% of its value on repairs otherwise chances are you could be over capitalising. What is the garden like? If it needs work, put a good effort into it as this is the first impression, and they count. Has it got a garage or carport? If not, put a carport up as people like to be…[Read more]

questions you need answers to.
How much will they be worth when finished?
How much to build?
How many can you get on the block?
Do your figues . See if it is worth it . To get ideas on these figures have a look at ones completed around the area . talk to a town planer and talk to a builder that builds units around the area talk to the council…[Read more]

A square is 9.24m . If you look for builders that specialise in building units prices start from about $5500 per square for very basic stuff and the units would have to be at least 13 square plus. On a flat block and more than one on the site. You would also have to allow $20,000 per unit for fences, landscaping, footpaths and driveways. There are…[Read more]

Sonja, I developed 5 units and the only bank that didnt see it as a commercial or business loan was the National. The criteria was providing I wasnt onselling them as a business deal. Also I bought 4 flats a few years ago and Westpac lent me the money no problems. However since then I have asked them for money on a couple of other properties with…[Read more]