So you borrowed 100% for your PPOR?

Cheers
Andrew

You kinda need to try out things yourself to learn them. That is, if you want to learn and do this in the long term.

It depends how much work you want to do. If you don’t have time but have the money…why not? But if you want to learn and understand the process yourself then you’ll have to do it yourself.

There is usually no market rate for buyer agents but $9k – 10k seems to be common. Legally they could charge as much as real estate agents.

Cheers
Andrew

I wouldn’t want to become a bank. Not worth the hassle.

Their home page seems to be loading from my end.

Cheers
Andrew

Ask him if he would go and pay off someone’s mortgage without getting anything in return.

I wouldn’t get too caught up in all those investment strategies proposed in books and by property gurus etc. I would use them more as an educational concept of how it works theoretically. There are many assumptions behind those strategies.

As we all know everything changes all the time. So investing in property using a +10 year strategy that…[Read more]

I wouldn’t get too caught up in all those investment strategies proposed in books and by property gurus etc. I would use them more as an educational concept of how it works theoretically. There are many assumptions behind those strategies.

As we all know everything changes all the time. So investing in property using a +10 year strategy that…[Read more]

Council rates are usually based on the land value of the property not the property as a whole including the dwelling.

Commercial property is valued using the Income approach or DCF so the valuation is a bit more complicated than the valuation of a residential property.

Do you what the net income over last 5 yeas was?

This can be quite useful:

http://www.bmtqs.com.au/construction-cost-calculator

or the table to compare:

http://www.bmtqs.com.au/construction-cost-table

Cheers
Andrew

1) Call them and arrange a meeting to meet them in person and discuss the proposal.
2) Details about the area and surroundings. Why they should be interested to have an office at your location? Show them estimated number of people passing through the area and the potential increase in customers it could mean to them. Basically inform them about…[Read more]

I would probably look at Australian websites if you want to take into account legal aspects.

Not many manage the relationship between all three parties.

Just because a website already exists, it doesn’t mean that no new better ones should be developed. If that was the case then we’d only have one property investing forum ;). It reminds me…[Read more]

which ones?

Hi Suri007

PM me your email and I can send you a spreadsheet. Unless there is a way to upload it on here, which I haven’t figured out yet.

Cheers
Andrew

I’m with Jeff on this one. In a perfect world it could be a good idea. I’d definitely rent a place that had internet, electricity etc all included and set up. However I find that a lot of renters don’t see the value in it.

Cheers
Andrew

ps: The easier you make it for a tenant to move in, the easier it is for them to also move out. Also something…[Read more]

As Terry pointed out, if you want someone else to find you the properties, you have to pay for it.

A buyer agent “should” act on your interest since you are paying them. Anyone else paid by a seller won’t act in your interest.

However if you are planning to be involved in property investing in the long term, then I would advise to do it…[Read more]

Hi MAV
is there a loan on PPOR?

To put it simply:
Value of all Properties – all the loans = Equity.

Cheers
Andrew