Oh, may i ask also how you're crunching numbers as well – that is what forumlas you're using? i'm trying to do some number crunching as well and wondering if there's a better way!
Hi,I would suggest going through Yellow Pages and calling up numerous trades people and get a "feel" for them over the phone – that is ask alot of questions and see how they respond – that is do they have any care factor?Is the property currently rented? Because if it is – you can perhaps ask the Property Manager to oversee the renovations…[Read more]
Hi,Just to let you know that you should consider browsing http://www.hotelclub.com (Slight cheaper than wotif.com.au and allows you to check out dates further than 1 month away) – the accomodation for the Sebel Albert Park Melbourne(during 11-14th) i think is $203/night for the standard room or this is the attached hotel which has the same address Citigat…[Read more]
Hi red123nz,Just want to double – for all the emails listed here – you just add them to your MSN contacts?Will be glad to exchange information on the seminar if you want!
Distressed? hmm…just be careful and go check it out! I didn't purchase it – i just rented there. So no LVR to tell you – sorry!It's a decent place to rent for a student to live by themselves as the building does get locked after 8pm and you need a swipe card to get in but to buy….If you are going to go check it out remember to:1. Ask where t…[Read more]
PS – looking at the listings and those photos – WOW – they make it look so much better than it actually is!!! PPS – If you haven't seen it in real life yet – get someone to get you "real photos" rather than camera angled zooms that make the rooms look so bigPPPS – If you are getting one – definately get one with a loft – otherwise you will have a…[Read more]
Oooh Ume,I lived there for 2 years (about 4 years ago now). 1st time in a studio loft ($250/wk) and 2nd time in a larger loft ($360/wk).I know that it was cheap at the time to consider buying but i think the outgoings was quite hefty considering the elevator/24 hours security/swimming pool/conciergeAfter having living there and knowing that alot…[Read more]
Hi Ume,Are you considering Unilodge in Broadway?You are aware of all the pitfalls etc and usually those types of apartments are a bit harder to sell etc???Just wondering you've considered all your option Good Luck!
Hi Blaze,I think what Scott No Mates is talking about is claiming it as PPOR so you can get exempt from CGT whereas i'm talking about FHOG which has different set of rules – so if he is talking about PPOR – then yes it's legal – if talking about FHOG – then no it's not legal.Hope that helps!
Hi,I'm guessing from your info you're based in Perth. For FHOG requirements you must live in it for 12 months from settlement dateCheck it out here – http://www.dtf.wa.gov.au/cms/osr_content.asp?id=385 Hope this helps
Hi Frank,I asked the same question to Candice from propertyinvesting.com just the other day. Here's her response:"thank you for your email. We are currently deciding whether the product will be reproduced and updated, which is dependant upon Martin Ayles' availability – at this stage it is looking like we will be re-releasing the product a…[Read more]
Hey Tracey!Thanks for putting up this post as i've just finished DVD 5 from Steve's Masterclass as well and have pondered on this since!Also – having listened to his DVDs/CDs – have you also pondered how he came up with all his continuing funding for all his 350+ properties?
No offence at all NikkiBlu but your story sounds/is formatted like a cut and paste of a "Success Story" from jamie mcintyre's website.Having said that i have looked at Jamie McIntyre's home study pack and didn't think it was my style so did not follow through. However i do think that some people will be able to make some money from his c…
Thanks JL – really appreciate your comments.I'm still pondering though – even if Steve bought 10 properties at (on average) $80,000 thats $160k before 5% closing cost. That's alot of $$ saved up.
Qlds007 wrote:
Hi MortyDon't want to burst the bubble on your idea but it doesnt work.As a Director of the Company or Trustee of the Trust you are obliged to disclose any liabilities you guarantee and I am sure if you do a search you will find that this topic has been bought up a number of times.If you wish to carry on purchasing properties and…[Read more]