Bravo Alex SC !!!!* Thunderous Applause *Dont worry .. Freckle is an expert. He's also someone who titles me a snob without reading my posts. And goes on about a doomsday without actually riding to evidence on it. Even if you examine his graph it extrapolates a short term movement onto a long term US schedule. Which is like saying by training a…[Read more]

Goldies .. historically for me .. CBA plays waaaay too conservative to make my deals work. So as far as I'm concerned thats their problem not mine.I go elsewhere to make my deals work. Thats just what happens in a genuinely competitive loans market.My suggestion is to sit down with a multibroker such as Aussie … or similar. Someone who has…[Read more]

The valuer has to be boring, traditionalist, accurate and factual. Its what he does .. and if they cant rely on him .. they just wont use him. So he doesnt make his numbers from the air.He takes his look at your current property .. matches it with other equivalents in the area and matches it based on a reasonably conservative outlook and overall…[Read more]

Hi there Ben,Negotiations on a deal is about realising what is in the deal .. and creating a win-win situation for BOTH parties. In other words .. your effort would be placed on making the deal as easy for the vendor to take and work with .. so you can make your money and do your efforts on the property.People tend to confuse adjusted terms with…[Read more]

I think the best way to make money from development still remains to over-estimate your market. In other words .. produce a product that sits in the right position .. provides the right criteria PLUS a bit more … at a margin that remains competitive.Items like this sell well and sell quickly. A dud position or improper product can have your wait…[Read more]

The best way to judge if an improvement will make the difference in a purchase is to gage the market properly.How do you make that judgement call? Off existing knowledge. Thats a mix of agents .. listed rentals .. and previous rentals.So what you grab is a snapshot of the market at this point in time .. and what your comparables in the market or…[Read more]

ummester wrote:
Yes, you can sell your peas if there is demand and funded customers. Pretty hard to move them if the cutomers can't pay.

Welcome to the market cycle. You see … if they arent paying ….. you dont fill places. If you dont fill places you REDUCE your rents to a level where the place will be filled. So if the rents are…[Read more]

How low do you think it will go .. and more importantly .. do you need to care?If the rate is at a level at which the deal you want is feasible .. the answer is go for it.Dont hang around at a level where the most likely maneuver is up .. telling yourself its going to go a quarter percent lower. Golden rule of the markets is .. dont try to pick…[Read more]

Tiger_ra,Property is not a set of fixed figures and stated results. Its an ongoing supply and demand equation. So just because a median figure is generated to cover the suburb it doesnt state the individual performance of any particular property. It just gives you an insight into the current median expectations within that suburb or zone.YOUR…[Read more]

There is a simple reason to be within swatting distance of the property. If you are not within a distance to be able to monitor the property, you are totally reliant on the property manager to protect .. maintain and keep you informed of the status of your property and its tenancies.I would love to say that all property managers are saints and…[Read more]

There are two ways to think of the current scenario .. loss or opportunity.As loss .. the chances of certain assets falling are pretty realistic. However others are featured as better long term concerns.Gold – Tenuous to down.Silver – Room to move still but very high.Raw Metal Commodities – High in demand thanks to the upswing in both China and…[Read more]

The Japanese Banks .. given entry to Australia as a possible market .. will do what they can to make an impact in the financial arena.However .. my guess would be the market in Australia is very much pivotal around the four pillars at the moment and any foreign entry would find the grounds for establishment very difficult.The only grounds they…[Read more]

First part of the process is to be within easy swatting distance of the property. If you cant be within a 30-40 min drive of the property, then you make sure you have a property manager who will act like your left hand.Second .. when is a property an investment as opposed to a nice house in a nice area? When you can purchase a place for either…[Read more]

You have to consider these factors when approaching a rental property as an investment.Frequency of tenancies – How long will the tenant be staying? Each new letting incurs a letting fee and this will affect your overall investment net result. Every time your property remains empty there is a potential for it not to be filled. Slight .. but…[Read more]

simple wrote:
“Right now is not a time to be buying real estate in Australia," Mr Wirsz said. "The market has slowed substantially but residential prices are likely to fall up to 60 per cent, possibly even more, within five years." The outlook is even grimmer for land investments, which Mr Wirsz said are more speculative and will plummet by as m…[Read more]

If you got original features .. keep them.I just did up a place in North Melbourne .. beautiful older style 1890s place .. and because of the way it had been allowed to run down, it had boards on the floor you could polish. Thing is .. some of the boards were flimsy and dissected and needed to be removed ………. What to do???Problem was solved…[Read more]

There is no greater lesson than exposure to the elements. If you cant purchase immediately .. try a couple of properties and do the figures and costings. It might sound rushed to start with hypotheticals .. but the other side .. you'll be dealing with real dollars. So train yourself. You'll gradually learn whats good .. whats bad .. whats a risk…[Read more]

ummester wrote:
Well, it's 2012 now. Let's see what happens. I think, of all things that could happen, growth like has been seen for the last 15 odd years (that property doubles every 7 years tripe) is the least likely. Flat is a safe bet because it also covers little bits up and down if spun correctly. Down 15% or more is a riskier bet but, I…[Read more]

Investing is a mix of an effective lifestyle choice vs time in life. In theory .. its purist capitalism at its best. If you want your money to work harder quicker .. then you have to gear your investment schemes to suit this. Small timeframes to do your deals and minimum timeframes to create maximum profit. However as always .. smaller timeframes…[Read more]

Taking a moment to read all your thoughts and your 11 posts (to date) .. i can only leave you with this line ….<moderator: delete>The mantra of the 1% is repeated again and again in the media as if its some sort of statistical gospel and a fact that we should be recognising as a leader fact to the statements that follow from it. So if there are…[Read more]