sapphire101 replied to the topic Property in the USA in the forum Overseas Deals 13 years, 9 months ago
Yes hundreds of thousands of homes have been affected. The problem is the plasterboard that contains the sulphur elements could be anywhere and all throughout the house, not a particular wall or room. This makes it a real procedure to figure out where it is. Basically every board needs to be drilled and sampled and then plugged up, re-plastered…[Read more]
sapphire101 replied to the topic A good place to be in the forum Help Needed! 13 years, 9 months ago
I agree that the 3 books mentioned in one of the first few posts are a great place to start and the idea of educating yourself as much as possible in the next few months is a must. That way you can work out a strategy you are comfortable with and what works best for you. It may also crystalise the purpose and goals you have. For a bunch of free…[Read more]
sapphire101 replied to the topic ALL ADVICE WELCOME!! in the forum Help Needed! 13 years, 9 months ago
When you say cheap ($100k) what is it worth today? Have you had it valued? Can you add value to it? Then why do you think it is a good investment and that future equity will provide you with the buffer to buy the $300k unit. What is the future? 1 yr, 2 yrs, 10 yrs? Crunch your numbers. Work out what you are investing, to what your return may b…[Read more]
sapphire101 replied to the topic HouseBuyers USA in the forum Overseas Deals 13 years, 9 months ago
So many markets in the US. For every one that someone says is the best, others will tell you it is not. As an investor you have to make a decision somewhere down the line, but where and how long is that blimmin line? A website that may help to give you a place to start is http://www.housingpredictor.com but apart from going to the states and deciding,…[Read more]
sapphire101 replied to the topic What to look for in potential development site? in the forum Value Adding 13 years, 9 months ago
Hello LizzyPlace to start is the town planning dept of the council that administers the area you wish to buy into. Find out minimum development requirements etc and speak to the town planner about what the council want to see developed in the area. You could also read up a bit more on the whole dev. subject. Try Michael Yardney resource for that.…[Read more]
sapphire101 replied to the topic Taxi Liens in the USA in the forum Overseas Deals 13 years, 9 months ago
Start a company (LLC) and get an EIN and you are good to go. ( have tax deed props in US bought at county offices)There will be some info on tax liens at this site soon, but already are a lot of US resources if interested.http://www.theblockblog.com
sapphire101 replied to the topic RECOMMENDED US TOWNS TO INVEST IN? in the forum Overseas Deals 13 years, 9 months ago
The US is difficult to invest in only because there are a gazillion different markets and it's so hard to know where to begin. You could start with a resource like http://www.housingpredictor.com or a list of USA resources at http://theblockblog.com/2011/01/thats-r-sum/
sapphire101 replied to the topic Is this normal in the forum General Property 13 years, 10 months ago
My understanding is you can negotiate the 10% deposit date as long as a fee of intention is paid. The full deposit is really due to ensure the offer goes unconditional, so that could be anytime within the 14 days it takes to get finance approved or building inspections etc.Many agents expect it when you sign the contract but thats a bit of spin to…[Read more]
sapphire101 replied to the topic HELP! Short Term Tenant refuses to vacate :-/ in the forum Help Needed! 13 years, 10 months ago
For a mth to mth lease, 28 days notice in Victoria – in writing – from her or you. 60 days with a fixed term lease.If she doesnt pay rent in 14 days from due date, then a notice to evict thereafter.Avoid police they will tell you it is a civil matter – stupid advise.Look up landlords rights on govt website for your state.Good luck
sapphire101 replied to the topic Best way to buy neighbours property?? in the forum Help Needed! 13 years, 10 months ago
Just ask her. You'll find out soon enough. Maybe tell her your plan briefly and then ask so she understands your reasons for wanting the property. Sit down over a cup of tea perhaps, when the conversation can be brought up and discussed in more detail than when chatting over the fence."Hi ______, do you mind if I ask you something? In the future I…[Read more]
sapphire101 replied to the topic Subdivision in the forum Value Adding 13 years, 10 months ago
As a starting reference to development go to Michael Yardney's website and look up the 19 part series on property development.http://www.propertyupdate.com.au/Also you can google 'Rookie Developer' and discuss things with Troy Harris who also holds a Melb property investor meeting pretty regularly.Contact the town planner in the rural town and a…[Read more]
sapphire101 replied to the topic New Zealand looking attractive? in the forum Overseas Deals 13 years, 10 months ago
For a good NZ contact try MHVentures. – Mark Honeybone. He is based in Blenheim but has a fantastic knowledge of the Sth Island and investment properties for investors. Did a block of flats deal with Mark this time last year and he is the genuine deal. Nice chap. Try this link http://cashflow.vpweb.com/default.html
sapphire101 replied to the topic Where is the soundest state/county to invest in America? in the forum Overseas Deals 13 years, 11 months ago
To nIgel and Jason – <moderator: delete flame> Why don't you both write constructive comments that help people and have your little tiff via your emails or something. If you are promoting your individual businesses then do it in an objective fashion – add your biz tag line make a decent comment and be done with it or just go away.Here's an…[Read more]
sapphire101 replied to the topic Dodgy pyrimid scheme, Network 21 in the forum General Property 13 years, 11 months ago
Forget Amway – Network 21 – whatever…..Try thishttp://www.myshoppinggenie.com/goodchoiceIt's FREE. I use it to find the cheapest price for items for my renos and other things.
sapphire101 replied to the topic Renting by the room in the forum Creative Investing 14 years ago
Are you asking about renting a house by the room or renting a room in your house? If the first, then I can recommend it for cashflow, but you have to put in more effort. I have a 5 bedder that when full realises $710pw less costs – $500. Normal rent would be $290 less costs.I self manage, but in Melbourne I know there are prop. managers that…[Read more]
sapphire101 replied to the topic Six unit site Frankston Vic in the forum Help Needed! 14 years ago
Hi FFBest to go and speak to a town planner at Frankston council to see what backlog they have and to give you a clearer idea of timeframes. A friend of mine got held up at council because one of their main employees in town planning died and council did not replace him. The normal 3 -4 months ended up being over 1 year, actually could have been…[Read more]
sapphire101 replied to the topic Property and Silver – Mistake or not mistake in the forum I use 14 years ago
I use http://www.buillionvault.com/#sapphire101 . They are the cheapest I have found and storage is organised in London & Zurich. Physical storage of silver bullion at home I wouldn't recommend although if you buy pre 1965 American silver coins then they are easier to store ( hide) and easier to trade, being smaller and transferable. The oth…[Read more]
sapphire101 replied to the topic Dymphnas USA investing course-is it worth it? in the forum Overseas Deals 14 years ago
Anyone read this from March 2009about Dymopha and partner…. reference starts at point 7http://www.austlii.edu.au/au/journals/FedJSchol/2009/7.html
sapphire101 replied to the topic Help starting in NZ in the forum Overseas Deals 14 years, 5 months ago
I have some people you can trust to deal with if you are interested. Depends on your strategy, but if interested contact me at sapphire101@bigpond.comIan
sapphire101 replied to the topic Aussie off to buy US property – anyone want to join me?? in the forum Overseas Deals 14 years, 8 months ago
The previous sales data for 677 Alta Place regarding the $22,500 sale appears on the "Property Data" document Mike & Bron are giving to investors if they care to read it thoroughly, but is not mentioned in the promotion of the property. Is this just a "newbie" oversight perhaps, however it does have some bearing on the deal methinks, how it is…[Read more]
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