sapphire101 replied to the topic Rare Niche: Flipping US properties as a non-US citizen in Australia in the forum Overseas Deals 15 years, 1 month ago
HiNot a problem as long as the contract or assignment of contract is ok with the title company closing the deal. All you need to do is email the title company your contract to find out. If you need contracts then samples of these are available online. Just google it or try http://www.reiclub.com...
sapphire101 replied to the topic Investing in Frankston in the forum General Property 15 years, 2 months ago
I have property in Frankston. Bought Sept 2007. 2br unit – now renovated. Purchase $190 – New Value $265 – Renting for $235pw. I passed on a house mid 2006 for $195 on 770m2 now worth $320k (duh!)Nothing wrong with Franga although you have to screen your tenants carefully. It is a hard one to work out as it is one of the few suburbs in Melb where…[Read more]
sapphire101 replied to the topic Alternatives for wall for glass splashback in the forum Value Adding 15 years, 8 months ago
If you are selling that is……….
sapphire101 replied to the topic Alternatives for wall for glass splashback in the forum Value Adding 15 years, 8 months ago
MirrorsCheaper than glass for splashbacks (the premium for these is high)Adds rooms to kitchen spaceMakes the granite tops look amazingYou dont have to clean it
sapphire101 replied to the topic Lender Woes-Big Bank Via Broker in the forum Finance 15 years, 10 months ago
Hi BoshyYes just had a similarly fraustating experience via the ANZ recently. The left hand has no idea what the right is doing! They have laid off 800 people so they say, yet opposite to what the media is saying about lending being down, they have had a HUGE increase since Sept/Oct with interest rates lowering so much and the 4 banks holding all…[Read more]
sapphire101 replied to the topic Are You Looking To Buy Right Now? in the forum General Property 15 years, 11 months ago
sapphire101 replied to the topic Are You Looking To Buy Right Now? in the forum General Property 15 years, 11 months ago
Hi Maree,
The property mentioned in the first post is in Frankston. I have REAs in that area as well as Clayton, Oakleigh, Mt Waverley. Also beachside suburbs from Chelsea to Seaford.
sapphire101 replied to the topic My Rate Home LOans in the forum Opinionated! 16 years, 2 months ago
I also have a loan with MyRate or Loan Services Australia or is it ING ??? The answer/reason they gave you is the most back to front screwball excuse I have heard from a call centre operator for a while. Funds were cheaper 1 and 2 years ago hence the low rate they offered. Now funds are more expensive to obtain, so if their standard variable rate…[Read more]
sapphire101 replied to the topic Perth booming again? in the forum General Property 16 years, 2 months ago
hbbehrendorff wrote:
rudo1ph wrote:
hbbehrendorff wrote:
I would appreciate if misinformed people do not start throwing insults because the truth is to unbelieve to believe, If you really think I'm that wrong support your argument with facts not character defamationI think that's what called the pot calling the kettle black.
can you…[Read more]
sapphire101 replied to the topic Considering US property investment – where to start?!?! in the forum Overseas Deals 16 years, 2 months ago
Hi Sunnygirl
Probably best to refine your searching to one city. The US is huge and there are many many different markets even in the one city you choose. If your friend has ‘ on the street’ info from Chicago and knows property to some degree than follow that through.
There are Aust. investors working in Texas ( Sherman, San Antonio, Houston) as…[Read more]
sapphire101 replied to the topic Project manager costs in the forum Value Adding 17 years, 3 months ago
HiI have had a project manager offer a set 'wage' per week of $600 over the build time of 22 weeks.
sapphire101 replied to the topic CF+ Deals Found – JV Partners Wanted in the forum Help Needed! 17 years, 3 months ago
Hi AllIf you email me and receive an over quota return email, it is a hoax so please delete. (Don't aopen attachments either)
sapphire101 replied to the topic Quick question in the forum Help Needed! 17 years, 3 months ago
New loan is set up if the property is revalued to release the new equity. Otherwise equity release should be in the form of a redraw against the equity in your existing loan on your PpoR or IPThats my experience anyway.
sapphire101 replied to the topic Help!! I keep running out of equity and I’m stuck now! in the forum Help Needed! 17 years, 3 months ago
Hi Noobie,You are remarkable! You have taken so much action since the first post late last month I'm in awe. Well done on the portfolio and your attitude is second to none.My philosophy when the chips are down and the glass ceiling is reached on the loan department, is use other people's money. Sounds callous, but not if you team up with a…[Read more]
sapphire101 replied to the topic Positive Cash Flow Properties in the forum Creative Investing 17 years, 3 months ago
HiI have a strategy in Melbourne that could apply anywhere that creates positive cashflow for specific properties in very specific areas. It is based on Steve McKnights philosophy of CF+ props but with a twist and it works well. If you are interested please email sapphire101@bigpond.comRegardsIan
sapphire101 replied to the topic Anyone want to do a JV in Adelaide? in the forum Creative Investing 17 years, 3 months ago
HiI am in Adelaide this weekend – Friday 17th Aug – 5pm till Sunday about 12. (Live in Melb) I would like to meet up to discuss. Please get back to me asap on 0410 638657 or email sapphire101@bigpond.comRegardsIan
sapphire101 replied to the topic Hi! Im looking for information on unit development please! in the forum Creative Investing 17 years, 3 months ago
Hi JustinI have knowledge on subdivision and development including spreadsheets from analysing deals to specific costings of all building items. I am also looking for JV partners so please give me a call on 0410 638 657 or email sapphire101@bigpond.comCheersIan
sapphire101 replied to the topic positivly geared in new zealand in the forum Overseas Deals 17 years, 3 months ago
Hi JamieGive me a call or email sapphire101@bigpond.com I have a property in NZ I need to discuss with you regarding a joint venture arrangement.RegardsIan0410 638 657
sapphire101 replied to the topic IP with pool? in the forum Help Needed! 17 years, 3 months ago
PS: If you decide not to go ahead, my email is sapphire101@bigpond.com If it's as good as opportunity as you say I'll buy it.
sapphire101 replied to the topic IP with pool? in the forum Help Needed! 17 years, 3 months ago
Hi Sheilsey,Wow that last post would put you off insuring anything. What a nightmare! But….. more to do with insurance companies and slack rental managers than the pool.The key element in your question is not the pool, but buying under value!. If you are getting this property at a great rate and have done a building report ( especially on the…[Read more]
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