ten_burner replied to the topic NRAS and Motion Property in the forum General Property 11 years, 8 months ago
From what I have read about NRAS, it sounds a lot like negative gearing repackaged, re-marketed to another generation of property investors.
Both are sold on the premise of tax benefits to hide the fact that the properties are overpriced.
I think ill pass on NRAS.
ten_burner replied to the topic Property Investing Genie in the forum I would ask for… 11 years, 8 months ago
I would ask for…
1. US property investing experience
2.Charlie Sheen as a contact (to hangout with lol when I am not working)
3. Where I can find the best ROI with the least amount of risk.
ten_burner replied to the topic Property Know How – Sydney in the forum Hi Guys, 11 years, 8 months ago
Hi Guys,
A big thanks to Nigel and Richard for the informative Property Know how meeting the other night, I look forward to future
meetings.ten_burner replied to the topic RBA keeps rate on hold for March 2013 in the forum Finance 11 years, 8 months ago
Sorry Jamie, I didn't realise you beat me to it lol ill have to be quicker next time..
ten_burner replied to the topic Auctions, In RE rooms or on site? in the forum General Property 11 years, 8 months ago
I would generally recommend on-site but, thats assuming the property presents well is it empty / tenanted?
ten_burner replied to the topic October 09 Property Crash Begins in the forum General Property 11 years, 8 months ago
I stumbled upon this old post, what are your thoughts now?
I am still optimistic about the short and medium term future of property investing, as long as unemployment and interest rates remain low.
ten_burner replied to the topic Is Robert Kiyosaki’s richdad coaching good? in the forum Help Needed! 11 years, 9 months ago
Rich dad poor dad stuff is to vague and lacks substance, Steve's books are more instructional.
ten_burner replied to the topic * When did you last move house ? * in the forum Forum Frolic 11 years, 9 months ago
I moved a few months ago I am a minimalist, I can't stand clutter if it hasn't been used recently it goes in the bin lol.
ten_burner replied to the topic student apartments in Footscray, Vic. in the forum Help Needed! 11 years, 9 months ago
You will struggle to get finance unless you have a large deposit, a lender would probably only offer a low LVR.
I agree with Nigel not worth the effort they are usually in large blocks and therefore they have little scarcity.
They have long vacancies at the end of year and early into the new year as a lot of students head home for the…[Read more]ten_burner replied to the topic Retirement villages (over 55’s) as investment? Your thoughts? in the forum Help Needed! 11 years, 9 months ago
Hi Pru,
There was a lot of hype around retirement homes as investments in years gone by.
They were spruiked as the next big thing because of Australia's aging population but, it failed to materialise.
Sales agents will talk up the gross yield but generally the management fees for these type of properties are the biggest killer.I lump…[Read more]
ten_burner replied to the topic Property flipping wizard Engelo Rumora not in Australia anymore as he tries Kansas City in the forum Help Needed! 11 years, 10 months ago
Hey Richard I saw you in API good article.
ten_burner replied to the topic Property flipping wizard Engelo Rumora not in Australia anymore as he tries Kansas City in the forum Help Needed! 11 years, 10 months ago
Hi guys,
I caught up with Engelo 2 weeks ago for coffee and a chat when he was back in Sydney. He is doing great over there.
He is working with/ for a company called investinusgroup.com who are assisting Aussie investors get into the Kansas City market.My understanding is they have fixed the missing link for Aussie investors… Reliable…[Read more]
ten_burner replied to the topic about to purchase 1st ppor in the forum Help Needed! 12 years, 2 months ago
there is never a fixed price everything is negotiable
ten_burner replied to the topic Is 0-130 properties still possible today? in the forum Help Needed! 12 years, 3 months ago
Yes its possible to achieve, it easier now than it was when interest rates were 8%+ (early 2008 I think).
My dad gave me a copy of Steve first book in 2006 I have been property investing(and loving it) ever sinceThanks Steve
ten_burner replied to the topic Property Investing App in the forum Help Needed! 12 years, 3 months ago
tap mortgage app its free, it has a stamp duty and mortgage calculator
http://itunes.apple.com/au/app/tapmortgage-australia-mortgage/id402187202?mt=8
ten_burner replied to the topic New Site: What do you think? in the forum Help Needed! 12 years, 3 months ago
Very impressed, looks better than ss
ten_burner replied to the topic Agents Provided Correct Predictions on NSW Real Estate Market Situation for 2012 in the forum General Property 12 years, 4 months ago
Hi Mattsta, I believe Sydney and parts of NSW are good value for money, interest rates are still historically low and tipped to go lower.I think a lot of people are sitting on the fence taking a wait and see approach, the turning point will be the next federal election late next year. After this event I think consumer confidence will return to…[Read more]
ten_burner replied to the topic Pro’s & Con’s in buying Studio in Melb CBD in the forum Help Needed! 12 years, 4 months ago
Everyone wants capital growth but, its the cash-flow hand in hand with capital growth that allows you to keep projecting into other IPs. You can have all the equity in the world if you don't have serviceability to get the next loan its not much good (unless you are going to sell to realise the gain). a real life example: my wife an I a few ye…[Read more]
ten_burner replied to the topic First Post in the forum Opinionated! 12 years, 4 months ago
welcome aboard Daveskis
ten_burner replied to the topic Residex Reports in the forum Help Needed! 12 years, 4 months ago
Here is a link to that threadhttps://www.propertyinvesting.com/forums/property-investing/value-adding/4327810
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