Hi Nl, Have you sourced investment properties which are you looking to offload to investers?I am looking at buying. Feel free to PM for details. Also, i know many ways in which you can find buyers for your sourced propertiesThanks,Robbie
Hi All,Talking about doing this 'above the board' and 'ethically'..If a real estate agent sourced a property from a desparate seller who needed to sell asap. If the property was valued at, lets say, $250 000, but the estate agent said that they could get a buyer for the property alot qucker if the seller accepted an offer of $200 000 (from a…[Read more]
I had a similar situation for a unit of mine in South Africa.What the body corporate did is split the total water bill by the number of occupants in the complex. If the water bill was $200 and their were 10 occupants, each occupant in the complex was liable for $20.If unit A had 5 occupants, the owner was liable for $100, if unit B only had 1 o…[Read more]
Nothing wroing with that I have done the same in South Africa. Of the 30 properties i bought, i only ever phsycally went into 2 of them.. and some of the properties were located 30 mins drive from my house!To answer my other questions, how did you go about valuating these properties? Back home in South Africa, there was 3rd party sofware which…[Read more]
Hi,With the $10 000 Bunnings Credit Card, are you able to access with money for another needs? i.e property purchasingIn South Africa, what I did once is get the maximum amount on my credit card and I actually purchased a property at a real bargain using the funds on my credit card.You can also use this money to pay for deposits and fees a…[Read more]
Thanks for the information Paul, much appreciated. I will have a chat to Craig.So after completing the CPP40307 Certificate IV in Property Services (Real Estate), will this allow me to deal in real estate without working under an real estate agency?
Thanks Anthony, So by obtaining a Certificate IV in Property (Real Estate) in NSW I will be able to get my Full Estates agents licence even though i have never worked in an estate agency company?Also, i was also told by the owner of the company offering this course, that in 2012 there a new legislation is coming into place which will allow Real…[Read more]
Hi Anthony, Thanks for the reply.Firstly, my posting was on the requirements needed to be able to buy, sell and trade property. By getting my Estates Agents Licence this will give me alot of information on the rules and regulation of the property market in Australia, plus allow me to source my own property and act as an independnt estate…[Read more]
Hey, I just wanted to make contacts, share ideas which i have, and perhaps get some advice on investment areas in Australia.PM me if you are interested.Thanks,Robbie
Thanks, Then what I guess i'll do is refinance my South African portfolio, then move the money to Australia and use these funds for deposits or to pay for all these other little costs.Regards, Robbie
Hi Jamie, I will be living in NSW, but I wont be limiting my investment area to this state.What are the rules regarding the Government's First Home Owner Grant in NSW?Regards, Robbie
Hi guys, With regards to this topic..Lets say you managed to source a property for $150 000, which is worth $200 000. You agree with the seller that you will offer them 4-5% more, lets say $160 000 BUT the seller is then liable to pay for:Stamp DutyGovt fees such as registration of mortgage etcBuilding and pest (optional)This will be stipulated…[Read more]
Hi guys,Just wanted to let you know I'm back on the forum and looking forward to learning as much as I can about the property market in Australia.I will be making a permanent move to Australia on the 19th March 2011. My plan it to find a decend IT job (as I'm an IT professional) and get settled, with the intention of building a small property…[Read more]
Thanks Terry,So the total costs to purchase a $200k property shouldn't be more than $10k? Would this be the same sort of costs if buying in a trust?Lastly, can these costs be included when applying for finance?Example: when you put in an offer for the property, you offer $210k ($10k more) BUT the seller agrees to pay for all the costs associated…[Read more]