You can claim property investing seminars if you own an investment property. No idea about others, could you argue that you are doing a university commerce degree to learn about trusts for the benefits of your own investing?
No idea what malvern is or who hamton are, but paying over half a million for a 2Br off the plan appartment is more of a retail transaction than a true investment strategy. What do you hope it will achieve?
I too attend courses, read books and listen to CDs on a daily basis. If you are focused on being a successful investor thats what you'll be. These courses are neither good nor bad but just a metaphore for what is happening in your own world at the moment. If you do not have a plan and take no action then you will get nothing out of them. There…[Read more]
One of our business associates Chris White from the prosper group is a registered buyers agent in NSW. Worth talking to him at least. His email is chrisw@prospergroup.com.au
The trustee is there to take the blame not to recieve money! That;s why people use companies as trustees because they are disposable. Why would you have agreed to be a trustee on a trust? Not sure how caveats will go, you need to have an "interest" in the properties, ie a second mortgage secured against the title. I know that RE agents often get…[Read more]
If you are not in a hurry for one, I can email you the template that we use and you can change it to suit your specific needs. Please send me an email xenia@adprop.com.au (no private messages, I may not see them) and I can attach one for you.
We have managed to do 10 day settlements in the past. There is no formula, if you are cashed up and not relying on finance then you need to ask how long it would take the vendor's bank to discharge mortgages etc. Some banks are better than others. If you are dealing with perpertual trustees as the mortgagor, forget quick settlements, their…[Read more]
crashy wrote:
I know ZERO about subdividing, and have wondered if it would be easier than my current hard slog known as renos. how profitable is it? how long does it take? how much does it cost? I know there are min land areas / frontage requirements depending on the council. Is subdividing the next step after graduating from reno school?
What impact would it have on your lifestyle?Personally, the only things I pick up during a renovation is a pen and mobile phone If you use other peoples time, you can be doing multiples at once, your strategy can only do one at a time with a huge impact on lifestyle. Trusts are better entities to buy renos in than are companies, but it would take…[Read more]
Yes, did it once and found that it was not worth the time and effort. The real estate market is a metaphore for what is happening in your own mind. If you are positive and focused you should be able to find opportunities in your own back yard which require less time and effort. You should not have to look overseas! I now just focus on Australia…[Read more]
Businesses are about survival of the fittest not rolling over and dying because an economic, climate or other condition is posing a challenge. If they dont change business models or plans to suit the current conditons then they won't survive. The ones that evolve to the changes will survive and take on business from ones that went under. Happens…[Read more]
There you go! I thought we were the only ones in SA. Great to see another licensed agent focus on finding properties for investors instead of the high volume, high commission sales that most others tend to focus on. Being a buyer's agent is certainly much harder work, more skill involved and definately more rewarding. All the best Simon!
A great one in SA QLD is Chris White from Prosper Group email him at chrisw@prospergroup.com.au (please mention that Xenia sent you!). He specialises in both commercial and residential property, is a very skilled negotiator and most importantly he is a sophisticated investor. (ie has a property portfolio that keeps growing not just a few…[Read more]