tumfrombrisbane replied to the topic Buyers agents?? Worth the 8% or research yourself.. in the forum Help Needed! 8 years, 9 months ago
Hi Ivan
Thanks for that.
My accountant didn’t actually mention any specific company, just that he knew of a really good agent and they have had some really good success, saying that, who tells others of a bad product when you’re on a marketing spiel.
I’m definitely much keener to educate myself further about Brisbane as a whole and the areas…[Read more]
tumfrombrisbane started the topic Buyers agents?? Worth the 8% or research yourself.. in the forum Help Needed! 8 years, 9 months ago
Hey everyone,
I’ve got a couple of investment properties now in Brisbane and have formed a company to really get into the investment business long term, recently while speaking with my Accountant about the company he mentioned “buyers agents” He had alot of good things to say, Would love to know everyones thoughts on them and if you have used…[Read more]
tumfrombrisbane replied to the topic Buying investment property off equity in your personal home in the forum Help Needed! 8 years, 10 months ago
Hi Thenewguy,
Mate thanks for your knowledge, I will speak with my accountant when I return from work in the new year about it all.
I’m really quite new to all of this and getting my head around all the tax and inner financials is challenging, but im getting there.Thanks again
Tim
tumfrombrisbane replied to the topic Buying investment property off equity in your personal home in the forum Help Needed! 8 years, 10 months ago
Hi Jason,
Yeah I have thought, maybe I sell the place early next year, take the profit and buy 2 smaller investments.. The home is in a fast growing suburb so will see what the new year brings.
Thanks again
Tim
tumfrombrisbane replied to the topic Buying investment property off equity in your personal home in the forum Help Needed! 8 years, 10 months ago
Hi Corey,
Thanks very much for that, you hit the nail on the head, my strategy is to renovate to build capital whilst working on cutting down my debt by working, All positive cash flow is returned into either my loans or renovating of other property, I just like to hear how other people look at it.
Again thanks for your input.
Regards
Tim
tumfrombrisbane started the topic Buying investment property off equity in your personal home in the forum Help Needed! 8 years, 10 months ago
Hi guys, im new here, im about to embark on my property investment career.. So I bought a large house in Brisbane 8months ago, renovated it spending about 7% of the purchase price on it. I have added a large amount of value to the property and the bank has told me I can draw down another 30k to use for “property improvements” obviously im looking…[Read more]
tumfrombrisbane became a registered member 8 years, 11 months ago