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  • Profile photo of shawkesshawkes
    Member
    @shawkes
    Join Date: 2004
    Post Count: 3
    February 4, 2005 - 11:13 am

    I’m in a similar position myself although sold all properties to realise gain at top of Gladstone (CQ) “boom”. At present I lease until another bargain ppor comes along. My cash is in interest bearing acct at 5%+ and use to secure a LOC. The LOC is my 10% deposit for good sized +ve cashflow commercial property. These are around and can easily fund a 7% 1st and 11% 2nd loan.[cigar]

    Struan buys properties

    Ask me about my property referral reward

    Profile photo of shawkesshawkes
    Member
    @shawkes
    Join Date: 2004
    Post Count: 3
    November 17, 2004 - 8:12 am

    Try advertising at the offices of your professional services eg accountant, lawyer, doctor, dentist…
    Not much experience…but those with experience tell me that investor enquiries are about clear statement of…

    1 return
    2 security
    3 term
    Not so interested in details.
    Also ala Warren Buffet if people can’t understand how the profit is made they will be hesitant to invest.

    Profile photo of shawkesshawkes
    Member
    @shawkes
    Join Date: 2004
    Post Count: 3
    November 17, 2004 - 8:02 am

    Sorry to say this…but if you really want to “own” a property ask yourself if there is some other way of transporting yourself around. $90/week is a lot to pay for a consumer item that loses value day in day out whether you use it or not.

Viewing 3 posts - 1 through 3 (of 3 total)