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Tony Fleming
Participant
@the-dark-knight
Join Date: 2008
Post Count: 396
May 2, 2011 - 11:42 pm
Thanks guys. i'll go check it out. Do you only need to get it done every few years or is it an annually thing?
Tony Fleming | Triumphant Property Group
http://www.triumphantpropertygroup.com.au
Email Me
NSW Buyer's Agent specialising in Western Sydney-Blue Mountains-Orange-Albury
Tony Fleming
Participant
@the-dark-knight
Join Date: 2008
Post Count: 396
April 24, 2011 - 12:07 am
sashatheman wrote:
tonyf387 wrote:
Good work Nathan. It is definetly achievable I'm on $42,000 a year before tax and I'm 2 years in, with 4 properties and not going to stop any time soon.
Oh nice. Can I ask what you are paying for the place you live at? Because my biggest expense is the mortgage for my PPoR.
Hey Sasha,
                  I'm still living at home paying very little board. i want to get as many properties as i can and then consolidate and buy my own PPOR.

Tony
Tony Fleming | Triumphant Property Group
http://www.triumphantpropertygroup.com.au
Email Me
NSW Buyer's Agent specialising in Western Sydney-Blue Mountains-Orange-Albury
Tony Fleming
Participant
@the-dark-knight
Join Date: 2008
Post Count: 396
April 24, 2011 - 12:07 am
sashatheman wrote:
tonyf387 wrote:
Good work Nathan. It is definetly achievable I'm on $42,000 a year before tax and I'm 2 years in, with 4 properties and not going to stop any time soon.
Oh nice. Can I ask what you are paying for the place you live at? Because my biggest expense is the mortgage for my PPoR.
Hey Sasha,
I'm still living at home paying very little board. i want to get as many properties as i can and then consolidate and buy my own PPOR.
Tony
Tony Fleming | Triumphant Property Group
http://www.triumphantpropertygroup.com.au
Email Me
NSW Buyer's Agent specialising in Western Sydney-Blue Mountains-Orange-Albury
Tony Fleming
Participant
@the-dark-knight
Join Date: 2008
Post Count: 396
April 23, 2011 - 9:49 am
Good work Nathan. It is definetly achievable I'm on $42,000 a year before tax and I'm 2 years in, with 4 properties and not going to stop any time soon.
Tony Fleming | Triumphant Property Group
http://www.triumphantpropertygroup.com.au
Email Me
NSW Buyer's Agent specialising in Western Sydney-Blue Mountains-Orange-Albury
Tony Fleming
Participant
@the-dark-knight
Join Date: 2008
Post Count: 396
April 20, 2011 - 11:47 am
Hey Robbie,
                      I invest in low income areas .Kingswood, St Mary's, Penrith, Cranebrook and possibly Mount Druitt(if your game enough), Also Richard above is right, Orange is a good area as well as tamworth. Something important to do when looking for a property in a low income area is to try and target tenants that have being long term and have kept the place in tidy condition. They'll stay on and you don;t have to worry about getting a dodgy tenant. Hope this helps
Tony
Tony Fleming | Triumphant Property Group
http://www.triumphantpropertygroup.com.au
Email Me
NSW Buyer's Agent specialising in Western Sydney-Blue Mountains-Orange-Albury
Tony Fleming
Participant
@the-dark-knight
Join Date: 2008
Post Count: 396
March 30, 2011 - 12:54 am
George you've got the right mindset. It's good to see people so young wanting to invest like i did. I'm 22 and have four properties. It's very possible but i couldn't agree more with Angel and his SWIM method. A cheap investment property with a small reno and you'll be set to expand. Good luck
          Tony
Tony Fleming | Triumphant Property Group
http://www.triumphantpropertygroup.com.au
Email Me
NSW Buyer's Agent specialising in Western Sydney-Blue Mountains-Orange-Albury
Tony Fleming
Participant
@the-dark-knight
Join Date: 2008
Post Count: 396
March 23, 2011 - 9:36 am
You can get non inspection ones? I thought they always had to be inspected?
Tony
Tony Fleming | Triumphant Property Group
http://www.triumphantpropertygroup.com.au
Email Me
NSW Buyer's Agent specialising in Western Sydney-Blue Mountains-Orange-Albury
Tony Fleming
Participant
@the-dark-knight
Join Date: 2008
Post Count: 396
January 5, 2011 - 11:10 am
Also on the topic of Ashmont does anyone know anything about Buna Street? Is it rough etc?
Tony Fleming | Triumphant Property Group
http://www.triumphantpropertygroup.com.au
Email Me
NSW Buyer's Agent specialising in Western Sydney-Blue Mountains-Orange-Albury
Tony Fleming
Participant
@the-dark-knight
Join Date: 2008
Post Count: 396
January 5, 2011 - 8:16 am
Ajay i looked at properties down that way trying to find cashflow positive properties. I found plenty in Tolland, Ashmont and Kooringal but yeah wasnt sure to proceed with the areas reputation :S
Tony Fleming | Triumphant Property Group
http://www.triumphantpropertygroup.com.au
Email Me
NSW Buyer's Agent specialising in Western Sydney-Blue Mountains-Orange-Albury
Tony Fleming
Participant
@the-dark-knight
Join Date: 2008
Post Count: 396
November 25, 2010 - 9:16 am
Just remember the costs of selling. Conveyancers fees, Real estate fees etc. That would eat up a lot of the 20k profit if you cna get it to sell for 330k. Another thing to consider is will the area be going up more in the future? maybe just holding onto it for another year or so would produce a better profit. Just something to think about, but good luck with everything and good to see more people my age investing
Tony Fleming | Triumphant Property Group
http://www.triumphantpropertygroup.com.au
Email Me
NSW Buyer's Agent specialising in Western Sydney-Blue Mountains-Orange-Albury
Tony Fleming
Participant
@the-dark-knight
Join Date: 2008
Post Count: 396
October 26, 2010 - 10:29 am
Hey Maree,
                   Would i also be able to get a copy please? If so my email is [email protected].
               Thanks Tony
Tony Fleming | Triumphant Property Group
http://www.triumphantpropertygroup.com.au
Email Me
NSW Buyer's Agent specialising in Western Sydney-Blue Mountains-Orange-Albury
Tony Fleming
Participant
@the-dark-knight
Join Date: 2008
Post Count: 396
October 7, 2010 - 4:07 am
Not so much a tip for saving for a depoist but when you do purchase dont be shy/embarrassed about asking for discounts for homeloans/conveyancing fees/starta reports and inspections. I've gotten establishment fees waived and fees reduced just by asking a simple question.
Tony Fleming | Triumphant Property Group
http://www.triumphantpropertygroup.com.au
Email Me
NSW Buyer's Agent specialising in Western Sydney-Blue Mountains-Orange-Albury
Tony Fleming
Participant
@the-dark-knight
Join Date: 2008
Post Count: 396
October 5, 2010 - 1:07 pm
Banks are stupid they told me i could use my two properties as equity to get a 100% loan…Last day of cooling off get a call saying that it couldn t go through. Now i've got to use my own money. FML
Ps hope you work everything out
Tony Fleming | Triumphant Property Group
http://www.triumphantpropertygroup.com.au
Email Me
NSW Buyer's Agent specialising in Western Sydney-Blue Mountains-Orange-Albury
Tony Fleming
Participant
@the-dark-knight
Join Date: 2008
Post Count: 396
September 22, 2010 - 1:38 am
With properties like this where there is such a big risk it might be best to find someone to invest with for eg parents, siblings, cousins, friends and work colleagues etc. Like terry said you need a buffer. Good luck with everything though
Tony Fleming | Triumphant Property Group
http://www.triumphantpropertygroup.com.au
Email Me
NSW Buyer's Agent specialising in Western Sydney-Blue Mountains-Orange-Albury
Tony Fleming
Participant
@the-dark-knight
Join Date: 2008
Post Count: 396
September 9, 2010 - 10:47 pm
Touche. I couldn't be bothered doing that. I'll just have to haggle on the managment fees i feel. Thanks for the advice
Tony Fleming | Triumphant Property Group
http://www.triumphantpropertygroup.com.au
Email Me
NSW Buyer's Agent specialising in Western Sydney-Blue Mountains-Orange-Albury
Tony Fleming
Participant
@the-dark-knight
Join Date: 2008
Post Count: 396
August 17, 2010 - 1:52 pm
Yeah i thought they seemed too risky…id never heard of anyone getting financial freedom from them
Tony Fleming | Triumphant Property Group
http://www.triumphantpropertygroup.com.au
Email Me
NSW Buyer's Agent specialising in Western Sydney-Blue Mountains-Orange-Albury
Tony Fleming
Participant
@the-dark-knight
Join Date: 2008
Post Count: 396
August 17, 2010 - 11:51 am
thats sucks sammmee, im in the same situation except i found a unit in the block next door with a fully renovated kitchen and bathroom jsut like the one i was looking at and it was 200k+ the one next door sold for 190k so i put in an offer of183k havent got a response from the real estate agent yet and its being over a week…think hes trying to sweat me out but im massively stubborn n i aint calling him again until he responds
Tony Fleming | Triumphant Property Group
http://www.triumphantpropertygroup.com.au
Email Me
NSW Buyer's Agent specialising in Western Sydney-Blue Mountains-Orange-Albury
Tony Fleming
Participant
@the-dark-knight
Join Date: 2008
Post Count: 396
June 19, 2010 - 10:48 am
Duckster you are a legend thanks mate
Tony Fleming | Triumphant Property Group
http://www.triumphantpropertygroup.com.au
Email Me
NSW Buyer's Agent specialising in Western Sydney-Blue Mountains-Orange-Albury
Tony Fleming
Participant
@the-dark-knight
Join Date: 2008
Post Count: 396
June 17, 2010 - 11:49 am
Sorry just re read it just to clarify my rushed topic. Do i need to get a bank statement showing the interest from the date the tenants moved in and show the tax man?
Tony Fleming | Triumphant Property Group
http://www.triumphantpropertygroup.com.au
Email Me
NSW Buyer's Agent specialising in Western Sydney-Blue Mountains-Orange-Albury
Tony Fleming
Participant
@the-dark-knight
Join Date: 2008
Post Count: 396
February 11, 2010 - 11:04 am
Yeah that was my initial thoughts. I don't really have time and room for more stress. thanks guys
Tony Fleming | Triumphant Property Group
http://www.triumphantpropertygroup.com.au
Email Me
NSW Buyer's Agent specialising in Western Sydney-Blue Mountains-Orange-Albury