R.Franklin wrote:

Luteru wrote:
Investing the correct way is extremely important. You have to look to invest and save money for future purposes. Here are some tips for new investors to help launch an effective and long term investment strategy: -Refrain from all equities. -Look at mutual funds. -Concentrate on the fees. -Cut down the taxes.…[Read more]

Hi AJ,I agreed with Elisey.after learning handling small problem then you become smarter and more experienced. Then you can go bigger issue. don't borrow money just because of interest rate is low.it comes down to your personal financial management skill and self-development. the better understand yourself the more money you make.hope this helpsTaylor

Whatever you do don't go to Property Secret !I regretted ever since I used their service, very experience and not pleasant experience…not recommonded !!!

Thank you Terryw, Richard, and Michael.but Richard,"Structure it correctly and you should be able to keep on buying, structure it poorly and you will be in problems before you start. "what do you mean correctly ? I guess my question is how do I know if i structure correct ?I have 1) IP loan is about 277K and rent is 360 pw and also 2) IP loan is 5…[Read more]

if it doesn't work, why people buy property in multiple trust ? can someone please kindly explain ? i can't think of other reasons than asset protection to buy property in multiple trust

Thank you Richard.I am wondering what structure are you guys buying the property in to buy 40 properties? Trust or Company ?especially when someone like Richard and Nathan have 40 properties, wouldn't it get harder to borrow from the bank for the deal ?will it harder to get the loan if buying in trust or company than personal name ?I heard people…[Read more]

Hi Richard,can you please also send me the article.scchang@statestreet.comthank you Taylor Chang

I guess at least 100k anyone ?

ALSO there is another company don't go anywhere closer to them, which is " Property Secret Paul Giezekamp "he is just a spuiker !their service is bad,  their charge is very high, all you get is overcapitalised property and frustrated experience with them !!very unhelpful, they just want your money in their bank !  they don't care what happen to y…[Read more]

I used they service. charge too much and i am not happy about their service !!they are spuikers

There are a lot of head wind in the investing journey. such as mis-represtation of property, unforseeable issue or cost, some many so called property guru type of spuikers……..all these difficulties and pitfalls sent many investors lost money or to broke !I would like to know 1) when steve started out his journey in property investing, how…[Read more]

Hi all,I have to say Property Secret Paul Giezekamp charges a lot of money, and a lot of time they are not resposive. I called and emailed them many times and left the message, however, i hardly get any response from them.Often i get the response many weeks later…….  not very happy.They are advertising, they can complete the granny flat withi…[Read more]

Hi NHG,how much are you paying for building your granny flat ?how many bedrooms in the granny flat ?I am also doing the same thing but I don't think my builder are good in term of money and quality.do you mind to let me know your builder's contact for granny flatThank you Taylor Chang

it's that run by Sam Sagger  and James Whilton ?they are very good. just keep educating yourself don't commit anything till you really comfortable with it.Taylor Chang

Hi Bianca 321,500k is a lot of money.if i was you , I would buy 2-3 house in the other suburb of Melboure, in that way, you spead out the risk of just putting all the money on one property. at the same time you can enjoy collecting 2-3 streams of rental income.  do some renovation and  purchse couple more properties along the way, and by the t…[Read more]

Hi Nathalie, welcome to the forum  : )after many years of property investing I realised that sometimes people over complicated property investment.in fact, it's simple !  just like buying anything !  you have to take you time to shop around compare the price, compare the qaulity, crunching the number on your afforablity, asking people about the ar…[Read more]

I think this is the headache many investors facing.I really want to see there is a true proactive not overpriced property management company really stand out and help investorsTaylor Chang

1 )go and talk to the lender see how much you can borrow first.  if you can't borrow or financing the property then you don't have to worry what to buy or where to buy just focus on the deposit2) if you can get the finance, then see what sort of area, suburb closer to you can you afford to buy. because for the first property you really want to be…[Read more]

hi go to bunning warehouse, they may give you more indicative answerTaylor

Hi QM,I think you should start from where you want to go first.if you want to be a property investor. i strongely recommond you to get into the market, at least, start to research.because what really happen is the whole property market is up for sale if you have cash around 100K, you can really pick up a good property or two.  by the time the…[Read more]