Forum Replies Created
come on guys!!!!!
there are still propertys that fit the 11sec rule on the internet, expand your search, search the whole of australia for properties under $100k would be a good start[:0)]
remember not all properties are on the net, especially the cheapies, why would the agents bother putting in too much effort for such a low commission?? Approach agents, leave your name and number, but be ready to purchase when they call you …….. have your deposit and financial approval ready, there’s no point even looking to buy if you don’t have the funds!!
The only reason I haven’t got number 2 IP is lack of deposit
THEY ARE OUT THERE[
][][][]cheers
scampushSteve,
you can purchase Buyer Beware over the internet, it comes immediatley to your computer and you just have to download it.
I found it fantastic and wished I had it before I started making offers!!!
There is no point rushing into something without gaining some knowledge, you might end up burnt.
Good luck in SA….
scampush[
]Hi Castle Dreamer,
hopefully attending the QLD seminar, was saving my pennies for the Syd one but the tickets have all been sold.
now i’m hoping to get a QLD ticket and jump on a plane,
Hopefully see you there
[
]scampushthought to myself ‘as a newbie probably should put my two cents worth in’ …
but seriously enjoying the lively discussion between the more experienced formies.
if the bubble is about to, or already has, burst! good for us, property is long term for me and positive geared is still positive in a slow market
keep it up oldies ( i mean more experienced ones – may the force be with you )
[
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scamphey fatboy thanks for the laugh at 1220am …
[][]
scampushI just have to add ……………
Holy Crap!!
what a drama, I read this post early this morning but wanted to re-read just to get my head around all the machinations going on …
phew, C2 you must be finding it hard to be in the middle.
good luck
scampush[]hey c2,
i totally agree with mel, it’s time B paid up!!
[
]did she get out?? i’m still at work, no news!!!!!!!
[
]scampushthanks for the feedback guys,
melbear – i checked out that post, very informative thanks
alan_jay – i would love to know the name of the book, and the rental pack you mentioned?? the property is in WA and the Landlords’ Advisory Service offer a pack for $235 plus fees to check tenants out on the National database.
does your pack cover WA??
C2 – you’ve hit the nail on the head, family and business …….. can they really mix?? well I’m gonna give it a try.
thanks everyone for your feedback
scampush
[]Hi Kelvinh
“Yeah its was in Port but the fees were a killer…”
do you mean the agents’ fees for rental management by any chance? … or the fees for purchase/settlement?
I’m buying in SthWest WA so can’t help with the northern region, but my sister ( who lives in Bunbury – sth of perth) agrees that rents in Port Hedland are very high – probably to cover those greedy agents
[
]scampushHi Gracey,
I’m a little bit confused with the numbers, you say the tenant will pay the mortgage plus $80 extra.
I did the sums $230,000 6.57%Int 25yr is $359 per week repayment.
If you can get someone to pay this plus $80p/w = $439p/w……… well go for it.
Is this what you meant??
How do you get someone to pay that much??
I live in Sydney, Inner West and pay only $450 p/w for a 3bed house that would probably go for $800k+!!!!
[][][][]just to add to my last post, i’ll be charging $100 p/w rent, so roughly $970 for the year which is roughly 20%!!
bugger!!
Has anyone else use the Landlords’ Advisory Service (only for WA) before?? I’m a little bit concerned with forking out $200+ for their kit without any feedback…..
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]scampush
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