I'm looking to do this with my girlfriend and all my properties are in my name and my bank won't let me use the equity if I'm buying a property with someone else''s name on the title. Yeah all the properties i find and do some numbers for come back at alright profit levels(although I'm aware there will always be hidden costs or things go…[Read more]

I think(could be wrong/probably wrong) it would help with expanding your portfolio from the point that you could use IP2 and IP3 as security for other properties. When i have applied for more loans the bank has asked me which properties i would like revalued and which ones not, not sure if this is the proper procedure but my bank allows it. It…[Read more]

Would be interesting to see if it would help or decrease your affordability?

I normally just ask the REA and then double check with council or water company. they've never lied but a fe whave been a few dollars out not a big deal when its a $4 difference per year

I normally just ask the REA and then double check with council or water company. they've never lied but a fe whave been a few dollars out not a big deal when its a $4 difference per year

No its not in cairns and its not a on site managed property. Long term tenant close to shops. I’ve done some numbers and if i were to pur hase my share with no loan it would be cash flow positive by $33pw i underatand peoples concern about capital growth but i have the foundations of my portfolio as capital growth and neutral cashflow im just…[Read more]

I've bought a few unseen. I just normally ask the agent for a picture of every room from different angles and the building inspector will pick anything up. He knows what he is doing and I don't Apart from that street view will give you everything you need to know about the location.

You could start an E-bay business. My neighbour has 6 different accounts so he doesn''t have to pay as much tax makes a fortune by going to vinnies and auctions and just resells things.

I have a few questions about flipping as I’m considering changing my current style of investing which is buy and hold positive cashflow property but its not making me as wealthy as i’d like to be so my few questions are and sorry if they are outdated i read into flipping many years ago and im sure some laws etc have changed:
1. If you sell within…[Read more]

Mystery wrote:

The Dark Knight wrote:
I'm about to start a Reno early next week and I've been able to obtain quotes for everything I'm not doing myself but unfortunately I can't get any plasterboarding quotes until mid next week. Just wondering what people have paid in the past for a wall in your average sized bedroom. Whether it be put on the…[Read more]

Hahahah i remember looking into this years ago silly young Tony

Well i start privately managing the majority of my Portfolio next month. I'll let you all know how it goes  

Yeah Bunnings was my first choice but normally i find another place via late nights on google that have much cheaper stock aka kitchens and wash basins oh well i guess its an a'door'able situation Iám in……….Bazinga  

I'm in a similar situation. The vendor of the property I'm buying is being rented to her son. No lease and the contract is stated as vacant possession although he wants to stay on apparently. I do my own managing so i have the joys of trying to organise a lease agreement that starts on settlement day. With all of my properties they've already had…[Read more]

The holiday is a work thing so it's unchangable. The settlement can be delayed but it is already be delayed considerable with problems with the valuations etc it's alright I decided I'd just spend the money on a plane ticket for my Girlfriend to go and check it out. Not really a holiday destination like she thought i was sending her to …

Kingswood= great place many of my early starts were here. Just need to pick the streets normally anything north of the train line is  danger zone anything near the uni is good $ in time.

LOL no i would never give a discount unless they weren't willing to pay weekly. I should have written that in but yeah don't worry I'm not the discount giving type of guy

Yeah i was thinking that with my higher rent properties it would even be worth offerring a couple of dollars less if they paid weekly. See how they respond i guess  

Catalyst wrote:
New poster-, first post with a problem.

Another new poster (first post) had a WONDERFUL solution with a recommendation for a company they use.

How lucky!!!!.

Classic Catalyst

That's what i thought  still more money for another property