wadez replied to the topic Brexit – what next? in the forum Opinionated! 8 years, 4 months ago
Could this signal potential bargins in the British real estate market with added currency play?
wadez replied to the topic Who has property units in Tasmania. in the forum General Property 8 years, 4 months ago
Hi Blackhotel, What was your friends cash on cash return over the years ?
wadez replied to the topic Who has property units in Tasmania. in the forum General Property 8 years, 4 months ago
Jeta may i ask where did you buy and why did you pick that surburb in Tasmania. What is the Cap rate, cash flow, and future growth prospect (total return)?
wadez replied to the topic Effiicient researching tools to narrow down the most suitable suburb in the forum Help Needed! 8 years, 5 months ago
Those are the web sites i use. You can also get paid web site such as rp data, ripehouse, and others
wadez replied to the topic Frustrating – Steve and Nathan's success not applicable to current market? in the forum Help Needed! 8 years, 5 months ago
You might just have to be patient
wadez replied to the topic Frustrating – Steve and Nathan's success not applicable to current market? in the forum Help Needed! 8 years, 5 months ago
When the market is expensive (depending on how you measure it) an investor must be patient. Warren Buffett stay out of the stock market for 3 years during the tech boom in the late 1990s. Do you have the temperment to sit on your hands? As Charlie Munger says he get pay by being patient and something in the line that inpatient what get most…[Read more]
wadez replied to the topic Frustrating – Steve and Nathan's success not applicable to current market? in the forum Help Needed! 8 years, 5 months ago
When the market is expensive (depending on how you measure it) an investor must be patient. Warren Buffett stay out of the stock market for 3 years during the tech boom in the late 1990s. Do you have the temperment to sit on your hands? As Charlie Munger says he get pay by being patient and something in the line that inpatient what get most…[Read more]
wadez replied to the topic What Attendees Thought Of The 2016 Millionaire Mega Conference in the forum Heads Up! 8 years, 5 months ago
I flew in from Townsville to attend the conference with minimal expectation. However, my assumption was wrong. The speakers were really good. The young Australian of the year was motivational and inspiring (especially the part where he work for 4-5 years with minimal pay and now his runs a non for profit company with revenues in the millions),…[Read more]
wadez replied to the topic Suburb Research in the forum General Property 8 years, 5 months ago
I believe that those web site is a great way to start. However, having read Howard Marks the most important thing, you must asked yourself if other investors also have access to those web site what will give you your competitive edge (second order thinking)? To make money in the market you must be a contrarian, be right, and the convection to act.
wadez replied to the topic Commercial property valuation: tenanted vs vacant in the forum Commercial Property 8 years, 5 months ago
Simple answer is to just buy into Steve new brisbane commerical property fund
wadez replied to the topic Gift Tax in the forum Legal & Accounting 8 years, 6 months ago
That is an accountant question
wadez replied to the topic Steve McKnight – 2016 Millionaire Mega Conference Melbourne in the forum General Property 8 years, 7 months ago
Do we know which day the gala dinner will be on?
wadez replied to the topic Where do I find property data I can export and analyse myself? in the forum Help Needed! 8 years, 7 months ago
wadez replied to the topic CF+ Rental, what to do? in the forum Help Needed! 8 years, 7 months ago
I think a simply way to look at it is to compare increase in rent divided by cost of renovation (they tend to cost more than first plan) vs your 10k return in a term deposit or ect.
Simple and straightforward.
Oh yes please make sure the tenant intend to stay with the increase in rent.
wadez replied to the topic Where do I find property data I can export and analyse myself? in the forum Help Needed! 8 years, 7 months ago
You should try microburbs and Sqm.com
wadez replied to the topic question on seniors accom in the forum General Property 8 years, 7 months ago
Funny, I was just doing some research and i also found some seniors over 50’s accomodation. The ownder is trying to sell with a cap rate of 10% (fund from operation / total cost of purchasing the property). However, I did some research and found that the owner is taking a 40% loss on his initial purchase price.
I have examine past sale history…[Read more]
wadez replied to the topic Where do you expect Australia property values to be in 12 months? in the forum Opinionated! 9 years, 4 months ago
The question is not about likelihood or timing but instead preparation
wadez replied to the topic Where do you expect Australia property values to be in 12 months? in the forum Opinionated! 9 years, 4 months ago
A better questions is if there is a sudden decline in property prices in 12 months in Melbourne and Sydney. Which suburb will you buy?
wadez replied to the topic Investing in Bali, good step or? in the forum Overseas Deals 9 years, 4 months ago
How do you post a topic on the forum?