scha9799 replied to the topic Recovery from 2012 onwards in the forum General Property 12 years, 4 months ago
I think it is long way to recovery… but I don't think it will fall off the cliff either…
scha9799 replied to the topic Joint property investment in the forum Help Needed! 12 years, 4 months ago
1) ask some solicitors about adding the name to the title and see if you are qualify for FHOG.2) also talk to some mortgage brokers and bank to see how you can get a loan to buy half of the property from your sister.
scha9799 replied to the topic Confused Australian property investor trying to sell a house in the USA in the forum Overseas Deals 12 years, 4 months ago
Hi labradorinlove,Thank you for you sharing your story and experience.I guess you must have a lot of sleepless nights.If I were you, I would just fly there. do whatever it takes to get rid of the properties and move on.You got to weight out the benefit/rewards and potential sleepless nights, if you still keep holding these properties. I really…[Read more]
scha9799 replied to the topic Property manager agree something without owner consent, who is liable ? in the forum Help Needed! 12 years, 4 months ago
driveway prevent the car going down to the garage.the same unit have some resident using the garage as car park, because they have 4 wheel drive.but car park does exist, his car just not 4 wheel drive….. and I didn't even know till recently…previous tenant has no issue…..
scha9799 replied to the topic Rent to Buy in the forum Help Needed! 12 years, 4 months ago
It's like buy before you try. it's vendor finance, a way to buy property without a tradition bank loan.A (seller) sells a property to B (buyer)B rent for X amount of money and on top of the rent B offer Y amount of money to secure the agreed price.then B agreed buy the property for Z amount of money in S amount of time.A can't sell house to…[Read more]
scha9799 replied to the topic Desperate Situation, need help ASAP! in the forum Help Needed! 12 years, 4 months ago
Hi when you look into vendor finance. just be very careful the potential risk.it may turn your negative gearing propety to positive gearing property, However, if the purchaser default, or any legal issue arise it will be very painful in term of cost involved in legal, your ineterest loan payment, rate default your credit damage……….you need…[Read more]
scha9799 replied to the topic Neighbours fence and shed on my property!! in the forum Legal & Accounting 12 years, 5 months ago
totally agree, totally neighbour may know already. give them some option.1) move back to where the boundary is 2) give them a price ask them to pay for the 3m land ( ie. buy that extra land they occupant from you )3) share the shed that they build on your land ( you build the shed, I provide the land, everyone happy)I think if you give them…[Read more]
scha9799 replied to the topic Property bust not here yet … worse to come in the forum General Property 12 years, 5 months ago
This thread has been commented 1000 times !!my posting is 1001 !!!keep commenting I would like to see where this thread will lead up toI hope my children and my grand children… and great grand children can all see this thread still alive !!!!we are making a history here : )
scha9799 replied to the topic Property manager not paying us the rent ! in the forum they give me many different 12 years, 5 months ago
they give me many different excuses !Computer payment system problemStaff problem2 signaturatory fund release problem ( the other director is oversea so can't sign off to release fund)office relocation problem…..List is just going on and on !It's really disgraceful ! if they tell me and be honest an upfront it's going to be delay to pay me a…[Read more]
scha9799 replied to the topic Young Investor looking for a mentor in Melbourne. in the forum Help Needed! 12 years, 5 months ago
Hi Kolya,welcome to the forum.I am not an expert or guru knowing everything about investing or property but I am happy to share my investing experience.from my experience i found there are many great people on the forum, or through conversation you can learn a lot.PM me : )
scha9799 replied to the topic What do you want out of your property manager? in the forum Help Needed! 12 years, 5 months ago
whatever mentioned above plus communication, communication, communication !also communicate and liasing with landlord and tenants to resolve problems.maximise investor's profit by scanning, selecting and recommending to landlord about the tenants application.
scha9799 replied to the topic Rent to own lease option: please help in the forum Help Needed! 12 years, 5 months ago
NSW
scha9799 replied to the topic Property manager not paying us the rent ! in the forum Really appreciate everyone’s 12 years, 5 months ago
Really appreciate everyone's support thank you everyone : )
scha9799 replied to the topic Property manager not paying us the rent ! in the forum Help Needed! 12 years, 5 months ago
Finally, they pass the rent money to me !I managed to track down to company director's number from their ex-staff !I finally chase they up on the phone, some of the staffs were not get paid also ( for couple of month).the staff was really p*ss off about the company directors. they give me the directors number.Every time I called the directors,…[Read more]
scha9799 replied to the topic Advice Should I Sell My Sydney Unit in the forum Help Needed! 12 years, 5 months ago
I see, I lived in Earlwood for a couple of years before.you right, Earlwood is a bit less popular than Marrickville.The NSW budget to end the first home grant may push up the price a little. It happened last year when the stamp duty concession end, many first home buyers rush to the market.As you mentioned that this property is take away 100 per…[Read more]
scha9799 replied to the topic Advice Should I Sell My Sydney Unit in the forum Help Needed! 12 years, 5 months ago
I am in Sydney and have a few IP in the inner west area, also I lived and fimilar many suburbs in the inner west. which suburb is your property located ?I can give you some thought about the suburbs.there are some suburbs in the inner west are very easy to get tenant or sell proprties.
scha9799 replied to the topic Investors being robbed blind by “advisers” in the forum Heads Up! 12 years, 5 months ago
Thank you for sharing.<moderator: delete language>people really need to carefully select a creditable adviser. It's so easy to turn blind eye and get rip off by those unethical and disgusting BS artists out there !
scha9799 replied to the topic Investors being robbed blind by “advisers” in the forum I think there are a lot of 12 years, 5 months ago
I think there are a lot of so called "adviser", are doing exactly the same !they charge a lot of money and deliver very little value to their clients !
scha9799 replied to the topic What else do you do? in the forum Forum Frolic 12 years, 5 months ago
I love travel, but right now I am only in the working,saving and investing mode.once I reach to $1,000 per week passive income, I will straight away buy one way ticket to roam around the world !
scha9799 replied to the topic Strategy / Planning in the forum Help Needed! 12 years, 5 months ago
Agree !1) give brokers a call to see how much you can borrow up to.2) develop your own strategy
( spend some money to buy some books to read check up author, Steve Mcknight, Michael Yardney, John Fitzgerald…..)3) most of the authors have different strategy/opinion to the property investing you just have to see which one is more suitable to y…[Read more]
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