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Hey Sheamusduck,
One of my best mates works for a Jenman agency. You are required to hit a certain level of commission per period (whatever the agency has specified) to essentially pay back your wage. Over and above that is where your bonus comes into play. Best bet is to just ask them the questions and see for yourself.
Just as an FYI, I too work in real estate, but not for a Jenman agency.
Scott.
I bought an older 2 bedder within 10kms from the CBD in October 2012, and spent a little bit doing basic cosmetics (it needed it) before i moved in (it was originally my PPOR). Fortunately for me, the complex is relatively well looked after, so the exterior isn't going to alter the value of the property too much.
Scott
Richard, I'd also love to read the article if you could please send me a copy to [email protected].
Both my parents and myself use Run Property in Toowong, on Milton Rd.
1. Absorb as much knowledge as I can on all facets of property.
2. Purchase a second IP by the end of the year.
3. Set my self up in my new role in Sales for Belle Property Toowong (QLD).
I wish everyone the best for their goals. It's going to be a great year!
Scott
Certainly doesn't help those that were looking to purchase older properties, more affordable properties, but i can see what they are trying to achieve, whether or not they do, time will tell.
Here is a link the media statement with a little more info.
A couple of good points i need to adopt in day to day life.
Pretty much in the same boat aswell. Im still at uni, but saving what i can from my part-time job, and in the mean time learning as much as i can and doing lots of reading.
Jake H, Matt can still get the FHOG as he hasnt lived in his investment property. This is something i have considered, buying an IP first then buying my own home later. However im still up in the air about it as of yet, as the FHOG aswell as other benefits would be mighty useful.
