wealthangel replied to the topic WHAT’S THE BANKS PROBLEM??? in the forum Finance 18 years, 7 months ago
Hi guys,
Thanks so much for all of the information that you have shared. My properties are mostly situated in Coffs Harbour – NSW and Nambucca Heads NSW.
Both have huge Capital growth rates but i managed to buy them before the boom hit the east coast hence why they are CF+
Cheers
[jerry]Wealth Angel
wealthangel replied to the topic Master Facility (MF) in the forum Finance 18 years, 7 months ago
Hi Guys,
Thats fantastic information – Stu you ledgen……
I was just looking at different ways of funding another investment and that has helped me out dramatly. Well done. At first i was abit puzzled about the jargin but now its so clear and simple.
[jerry]Wealth Angel
wealthangel replied to the topic WHAT’S THE BANKS PROBLEM??? in the forum Finance 18 years, 7 months ago
Hi guys,
Thanks for your input. My total debt with the bank is approx $653,000 and my equity is approx $350,000. The Bank said they wont loan me any more money to build my portfolio…..
I also spoke to a couple of mortgage brokers and they were even worse as they said the most anybody would loan me would be $700,000 total debt. Which means i can…[Read more]wealthangel replied to the topic debt vs equity in the forum Finance 18 years, 7 months ago
Hi Guys,
My biggest problem at the moment is trying to find a bank that is open to investors buying and renovating. My bank told me the other day that my debt is getting too high and they would only loan me a small amount for my next purchase and when i say small amount i mean – yeah like im really going to buy anything except for a campervan with…[Read more]wealthangel replied to the topic Answers to “Where to Find CF+ Deals” in the forum Help Needed! 18 years, 8 months ago
Hi Guys,
Just thought i would add that i have recently purchased a great property in a very good area 500 metres to the beach and about 200 metres to town. This property was on the market for over a year – nobody saw it or wanted it. The asking price was $395,000 but i ended up getting it for $300,000.
It returns approx $560 per week in rental…[Read more]wealthangel replied to the topic HOW DO YOU BECOME A BIRD DOG?? in the forum Help Needed! 18 years, 8 months ago
Hi Guys,
Thanks so much for all of the detailed information in regards to Bird Dogging. Im actually half way through obtaining my buyers agents licence. I am a Property Manager for L.J.Hooker real estate and have also done my fair share of real estate sales in the past.
I have come across alot of great deals and have purchased quite a few of them…[Read more]wealthangel replied to the topic bird-dogging in the forum Help Needed! 18 years, 8 months ago
Hi Loulou2,
Im trying to find out the same information as you. Nobody seems to know where to start or how to find more info, although everybody talks about bird dogging as if you should know all about it, but then when you ask how to obtain further information – nobody seems to be able to help????
Good luck – we are going to need it??
[weird]Wealth Angel
wealthangel replied to the topic cant find???????? in the forum No Subject 18 years, 8 months ago
Hi Tamtam,
I take my hat off to you. I have a few investment properties now. As a single women i have done it all on my own. I have just read both of Steve’s books along with many others. I work in Property Management as well and you know, i think the question you asked was a relevant one. dont worry what so called experts say to you. I just wish…[Read more]wealthangel replied to the topic Question on returns in the forum No Subject 18 years, 8 months ago
I know what you mean. I have about 21 property investment books and find that Steve’s books are so packed with information but i also feel a little lost when it comes to finding those cashflow postive properties that everybody says are out there……..
In saying that i have recently purchased my 4th property and i accidently stumbled across it.…[Read more]wealthangel replied to the topic Website for PRIVATE property sales ? in the forum No Subject 18 years, 8 months ago
I found that realestate.com.au is the best site to have a look at areas that you dont live in. They will also give you links to other agents in the area that you wish to invest in. It will give you a better idea of what the value of property is in that particular area before you start neg with private vendors.
You can also access buyers agents if…[Read more]