I wasn’t really sure on what sets the rent and what brings about increases.
Your answer has made the whole thing a bit clearer for me.
The thing with rent that has always spun me out is where in on e region a house may be valued at $375,000 and charge rent of say $150. But in a another region a house may pay the same rent but get a house located worse, smaller, with less rooms. I understand it is a supply and demand thing but on the surface it looks wrong to me anyway.
Cheers,
Teylu
“Has anything you’ve done, made your life Better?”
(American History X)
They have a few tours a month. But I guess the thing that is good about it from my last post is the hope for the folks who think it is too hard to find +ve cashflow properties.
Cheers,
Teylu
“Has anything you’ve done, made your life Better?”
(American History X)
They have a section on this Booklet that nearly looks like and sounds like an Extract out of Steve’s book. It is on Positive Cashflow opposed to Negative Gearing.
(I wish I had my book with me and I could check this)
Cheers,
Teylu
“Has anything you’ve done, made your life Better?”
(American History X)
I think there is some sort of Spotters fee.
The deals seem quite good, but i guess more than anything encouraging for the people who think it is all hopeless.
The one I have is based around Wagga and it surrounding areas.
Cheers,
Teylu
“Has anything you’ve done, made your life Better?”
(American History X)
Your advice has been great. Unfortunatley I am in a big grey area. The reason being is that my line of Work “Custody for Fund Managers” make when we will be let go up in the air. Our Business has been sold but when things finish up is dictated to by the Clients. So know has any definate answers.
Sorry about having such broad and General comments, but my situation has me in this predicament.
Simon your based in the Hunter right??
I’ll definately be looking to bring my business when the time is right to you.
Thanks for your help.
Alex
PS. To an earlier question, will my pending redundancy be a issue for the potential lender if I apply soon for a Loan???
Cheers,
Teylu
“Has anything you’ve done, made your life Better?”
(American History X)
I am in the Process of going through Recruitment for LJ Hooker and Jenman. LJ has Retainer, Jenman pays a salary. Your comments have helped alot in regard to what is best for me and my partner.
It is starting to sound alot harder than I first thought, but it won’t stun my enthusiasum.
I guess I’ll just have to knickle down.
Maybe buy ASAP (Lend Deposit from our Parents) and get a renter in and don’t move in till after the redundancy when I start a new job. (That might work) Go hard on the mortgage till my current job termination and then quickly find a new job and once settled give notice to the tenant.
How does that sound, is that Possible??
Or try for a different career??
Sorry if this is annoying.
Cheers,
Teylu
“Has anything you’ve done, made your life Better?”
(American History X)
I am very determine to get employment ASAP after the Redundancy.
A question though, if we apply for a Loan, what happens if they ring my work for confirmation of employment and they then find out I am awaiting a Redundancy will this effect a loan application??
Cheers
Alex
Cheers,
Teylu
“Has anything you’ve done, made your life Better?”
(American History X)