Hi Rory

From my understanding Banks thesedays will take into account:

1) Your wages and type/duration of employment (Generally full-tme employment is accepted. Part-time/casual or self-employed people will often have great difficulty obtaining a bank loan, if at all, as they are considered more high risk)
2) Your credit card limit (regardless of…[Read more]

Hi Melissa

My pleasure re: the advice. I'm no expert by any means, but it pays to listen to the Podcasts to get all that info that you don't get at the Bootcamp. Hubby and I have found the Podcasts extremely valuable, especially for "Words that Work" and just to reinforce the strategies we learnt.

Assume you guys live in Sydney? We are based at…[Read more]

Hi Melissa and Paul

You might want to tap into Rick Otton's Podcasts (available from i-tunes) as there is one on "How to deal with Real Estate Agents" (I believe it's Podcast # 44). The Bootcamp will also give you a little insight on this topic, but I recommend when you attend that you ask this question specifically so that Rick/Ben can provide a…[Read more]

Hi jmsrachel,

Rent to Own is absolutely NOT a scam. It's how the media like to play it out (ie: bad landlord/property investor vs the good/supposedly taken advantage of tenant).  I mean really???? Don't believe everything you read. Seek the facts from people in the know and don't read into the "Emotion" of it all. Unfortunately, yes, there are…[Read more]

Hi PropertyInvestor78

Most property investment magazines will have data on suburbs that perform well. This would be a good place to start.

Major areas like Parramatta, Blacktown, Penrith, Liverpool seem to be good performers, but I'm sure if you do your research you'll find other suburbs.  I would be careful to avoid areas that are considered…[Read more]

Hi Todd

Don't know anything about this website, but just passing on some general info relating to investing in the USA.

If you have itunes…..go to Podcasts…..search for Creative Real Estate…..and listen to Rick Otton's podcast 8 and 9 on Investing in the US.

You may change your mind after hearing this!!!!

Cheers, T43

Hi Penpro

I'm in agreement with Paul and Richard….you might want to consider setting it up as a VENDOR/SELLER FINANCE sale and offer the property as an "opportunity" for a first home buyer. Please don't lower your price – you don't need to. (Sorry Jamie – disagree with you on that one!).

1) I would get rid of your RE Agent…..sounds like he's…[Read more]

Hi Dragonboy

Yes, I can recommend someone who manages property in that area. He used to manage my property in Kingsford and also arranged to have it sold for me a couple of years ago. He's very good and seemed to stay on top of things.

For privacy reasons, best if you email me and I can on-forward you his details:  LTE@OPTUSNET.COM.AU.

Cheers,…[Read more]

Have you tried http://www.graysonline.com.au? Stax of bargains there!!!!
Cheers, T43

FYI…..Rick's Bootcamp is not $5K…..it's actually $3K and covers numerous strategies relating to creative real estate deals. My hubby will be attending the course in August 2012 so I know the actual cost.Courses will be expensive but you have to take action after the course and that's what counts!!!  If you can utilise the info given to you in…[Read more]

Hi there, I live in the suburb of…..ROSEBERY (adjacent Mascot) in Sydney. It's very close to the city, shopping centres, beaches, factory outlets, movie theatres, a whole variety of schools…..and best of all it's still one of the very few suburbs that's reasonably affordable!!!!!Cheers, Tamara

Hi SamMy husband will be attending Rick's Bootcamp in August and I was wondering how you found it when you attended?  How easy/hard was it to follow and implement his strategies post bootcamp?  Interested in more detail.  Please email me at:LTE@optusnet.com.auMuch appreciated, Tamara