Total Members: 159,193

Scottsdale

  • Scottsdale replied to the topic dateline – chinas property bubble in the forum Is there a different link to 13 years, 4 months ago

    Is there a different link to the story? Firefox reports that it's an attack site!What is the current listing status for http://www.sbs.com.au/dateline?

    Site is listed as suspicious – visiting this website may harm your computer.Part of this site was listed for suspicious activity 2 time(s) over the past 90 days.

    What happened when Google visited this…[Read more]

  • Scottsdale replied to the topic Capital growth in Sydney in the forum General Property 13 years, 4 months ago

    Always happy to help a fellow newby and share whatever info I can Interesting you should mention Marrickville, I've been keeping my eye on the area for a while now and think it's a good place to buy, primarily for the reasons you mentioned. It does still have a bit of a stigma attached to it but, like Redfern, is slowly undergoing gentrification…[Read more]

  • Scottsdale replied to the topic Starting out in the forum Help Needed! 13 years, 4 months ago

    Good afternoon Hawko, It's great that you're thinking of using the money to invest in property. Personally, I would (and have) put such a large sum of money in a term deposit at the best rate for a year or so and use that time to learn as much as possible about investing in property. There's many books, forums and seminars out there that…[Read more]

  • A more useful reply…I would suggest getting to know the person in the bank who deals with these. If they know what you're interested, they'll contact you. It's similar to telling the RE agent what you're after and thye call you before the property hits the general market. Although I'm not sure of the legal/ethical aspect of this but I can't see…[Read more]

  • Scottsdale replied to the topic Capital growth in Sydney in the forum General Property 13 years, 4 months ago

    Try and find out what past CG in the area has been and compare it with other relatable suburbs. If you can go back as far as 20 years, it would give you a better overall idea of the areas potential. The local council should be able to provide some good information on past performance. An educated buy in a 'well located' area should prove itself…[Read more]

  • Scottsdale replied to the topic Mandatory disclosure when selling and other issues in the forum Hi Wilson,
    Why were neither
    13 years, 4 months ago

    Hi Wilson,Why were neither a building inspection or a pest inspection conducted? They should form the basis of your friends due diligence process. And common sense for that matter. Has he contacted the seller or their agent?Did the seller mention any previous pest treatments? I'm pretty sure anything like that has to be fully disclosed. It could…[Read more]

  • Scottsdale replied to the topic Marty Ayles Development Blueprint – I want to buy yours in the forum Help Needed! 13 years, 4 months ago

    Hi Dalefro,Any luck getting a copy of Marty's Blueprint? Admin said there's no plans to sell it again any time soon which is a shame as I'd love to learn his methods.Regards,Derek

  • Scottsdale replied to the topic Lenders Mortgage Insurance (LMI) – a good or bad thing? in the forum Finance 13 years, 4 months ago

    bjsaust, that's a very smart idea alright. Will be implementing it when I start buying as I'm sure it's great to have that 'piece of mind' in the offset. Would you ever use the money for another IP deposit instead or do you prefer a buffer being in place for every property? And if you don't mind me asking, how much do you usually set aside?Jamie,…[Read more]

  • Scottsdale replied to the topic Lenders Mortgage Insurance (LMI) – a good or bad thing? in the forum Finance 13 years, 4 months ago

    Cheers for the post Jamie. Thought it would have received more response considering LMI can be a great tool for increasing your portfolio numbers.

    Would you recommend utilizing LMI as a basis for a beginners property investing strategy? When I first read about it it sounded like a great way to quickly increase the number of properties you can buy…[Read more]

  • Scottsdale replied to the topic 457 Business Visa & IP options in the forum Help Needed! 13 years, 4 months ago

    Here's what you're looking for;http://www.homeloanexperts.com.au/non-resident-home-loans/work-visa-loan/Just moved to Kensington, Sydney. Regards,Derek

  • Scottsdale replied to the topic 457 Business Visa & IP options in the forum Help Needed! 13 years, 4 months ago

    Hi Mike,

    I’m currently on a student visa which will soon become a temporary resident type visa while I apply for full PR. I recently asked ANZ if I’m able to apply for a mortgage or large personal loan but they said I’d have to wait until I achieve full residency status before they would even consider it.

    You may be in a much better position…[Read more]

  • Scottsdale replied to the topic New to PI – Would love your help and expertise! in the forum Help Needed! 13 years, 4 months ago

    No problem Chris. I’ll happily send you some books if you’re struggling. If you don’t mind a lot of highlighting and underlining, PM your address and I’ll send a list of what I have. As long as I get them back when you’re finished I won’t mind forwarding them. Although will have to pester some friends for the ones they’ve forgotten to…[Read more]

  • Scottsdale replied to the topic New to PI – Would love your help and expertise! in the forum Help Needed! 13 years, 4 months ago

    Hi Chris,Just finished reading Michael Yardney's book 'What Every Property Investor Needs To Know About Finance, Tax and the Law' and it pretty much covers all the questions you asked. I highly recommend buying it as it would definitely be an invaluable learning tool for grasping the fundamentals of property investing. It's also written in plain…[Read more]

  • Scottsdale replied to the topic Is the 3 day seminar recorded? in the forum Help Needed! 13 years, 5 months ago

    I did see a professional videocamera at every session so I'm hoping it isn't just audio as I'd be very disappointed after paying $650 for all the sessions.People like Marty Ayles etc need to be visually recorded in order to convey their energy and enthusiasm. Will find out next week what I paid for… finger's crossed it's not just a whole load of…[Read more]

  • Scottsdale replied to the topic Australia’s CHEAPEST 3 bedroom homes! in the forum General Property 13 years, 5 months ago

    Hey Andy,Just have to say that your blog caught me off guard, wasn't expecting such a funny read! Favourite quote- "Nothing says quality like a piece of miss-matched, ripped, green shade cloth hanging off your balcony, and you just know that the owner of this wonderfully crappy looking house has been watching Better Home and Gardens for…[Read more]

  • Scottsdale replied to the topic If I don’t need finance is it easy to buy in the US? in the forum Overseas Deals 13 years, 5 months ago

    Hi Orks,Where abouts are you considering investing? I'm in a similar position with regards to a significant amount of disposable cash and was thinking of investing in the U.S. too as I can just buy a house outright and not have to deal with banks, mortgages etc. There's a lot of info just on the forums here about the best places to invest (maybe…[Read more]

  • Looks like a great find alright. Especially with the Bundaberg airplane being part of the deal!You say there's 'existing rights' for the property and it sounds like you're expecting the council to possibly have an issue with this. Did you buy the place before confirming with them? Or is it likely that they'll go with what you have planned?…[Read more]

  • Scottsdale replied to the topic Need advice with first investment in the forum Help Needed! 13 years, 5 months ago

    Thanks Bluegrass for mentioning the NRAS, my 'learn something new every day' goal was fulfilled within 2mins of logging on. Seems like an interesting avenue to engage in, especially as there's always demand for affordable housing. Will look into in more detail.Cheers for the Property Tool Analysis spreadsheet too, I'm sure it will prove invaluable…[Read more]

  • Scottsdale replied to the topic RESULTS course – tax deductible? in the forum Legal & Accounting 13 years, 5 months ago

    Hi Emma,I aksed the same type of questions to my tax agent and he said it's really only if the courses are 100% relevant to the current activities of income generation/profit- if you're currently doing a development, it should be tax deductible to attend a developing course, whereas if you're planning on developing it probably wouldn't…[Read more]

  • Scottsdale replied to the topic Who is going to Sydney 3day event? in the forum General Property 13 years, 5 months ago

    This will be my first time attending any sort of property seminar so really looking forward to it and it's the first step in a more proactive approach. It'll be a very intense 3 days but I'm sure it will benefit me immensely.From reading many forum posts, it sounds like the a lot of those attending are as educated as the speakers! I read a few…[Read more]

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