yellina replied to the topic China’s Latest Corruption Target: Overseas Real Estate in the forum General Property 10 years, 11 months ago
Dear Freckle,
I am Hari Yellina, Keen property Investor, researcher and Australian Exporter. I would like to mention few points on Chinese and Indian purchases in Western Countries.
2% of New purchases are only done by Chinese and Indian buyers.
80% of overseas purchases are from UK and USA
Few sales from Chinese and Indian buyers wont…[Read more]
yellina replied to the topic Need some advice on Footscray and West Footscray, in the forum Help Needed! 10 years, 11 months ago
Dear All,
My name is Hari Yellina. Thank you all for the post. I have purchased a 5 bedroom house in West footscray in 2009. It grew 25%.
Even though I want to buy a house in Richmond, I am unable to afford at the moment. It has been rented for last 3.5 years not a problem. Being a 60 year old house it needs some love and attention.
This is…[Read more]
yellina replied to the topic With Holden closing and BP cutting workers by 300 in the forum Creative Investing 10 years, 11 months ago
Dear Gizzy,
My name is Hari Yellina. Total loss for Geelong Job market will come around 1000. But remember, there is always new companies are opening up.
In few years, Geelong will become warehouse hub for Manufacturing goods. It has become very expensive to warehouse your goods 30 KM from Melbourne. Most of this ware houses will be shifting…[Read more]
yellina replied to the topic Albert Park, VIC in the forum Help Needed! 10 years, 11 months ago
Dear Mark,
I buy one property every year at least 1 property every 2 years. I thought it have good facilities will give a good rental return and capital growth.
It is for investment purposes
Old one (existing property only).
My plan is to buy 30 properties in coming 15 years time. Close to 1/3 Mark. When I go past that area, it looks…[Read more]
yellina replied to the topic Albert Park, VIC in the forum Help Needed! 10 years, 11 months ago
Dear Redwood,
I am looking for buy an apartment or a unit. Cant afford a house there.
Thank You
Hari Yellinayellina replied to the topic Reno or Develop – please help in the forum Value Adding 10 years, 11 months ago
Dear FIGC,
My name is Hari Yellina, Property investor. My story of renovating.
1 year ago, I have renovated a house in West Footscray. It has in such a bad condition.
Property
Weather board
5 bedroom
60 years old
Renovations done
New carpet whole house
New floating floor boards in common areas
Internal painting
External…[Read more]
yellina replied to the topic Positive Real Estate Seminar in the forum Help Needed! 10 years, 11 months ago
Dear Gizzy,
My Name is Hari Yellina. I have been to their seminars few times. Didn't join the course or buy any properties from them. Any real estate seminar is good to attend. I been in this country for 13 years. In the starting i used to blow away money with half knowledge. Went to few seminars and regularly attended them. I have acquired…[Read more]
yellina replied to the topic Bitcoins and Litecoins – Real estate in the forum Help Needed! 10 years, 11 months ago
This Bitcoin is same as the Tulip share trading.
Please type When the Tulip Bubble Burst in google to see, the similar patterns it is following.
Hari Yellina
Property Investor.yellina replied to the topic Help – I am a new investor and my mind is boggled! in the forum Help Needed! 10 years, 11 months ago
My name is Hari Yellina and a property Investor around Australia and Asia.
I have been asked a question about mortgage brokers, They need to own properties before giving an advice.
My answer.
Mortgage broker is like any service industry agent, We cannot expect him to buy houses, before he can advise you about loans.
Doctors don't need to…[Read more]
yellina replied to the topic Is selling ppr the right idea at seperation? in the forum General Property 10 years, 11 months ago
Dear Tiger Miger,
If your mum's money is sitting in your account. It will definitely decrease the interest. following are the few recommendations.
Make sure you have a written agreement. Stating that the money belongs to her.
Please update your will with her, entitling the money if some thing goes wrong.
In my perspective you are doing a…[Read more]
yellina replied to the topic Help – I am a new investor and my mind is boggled! in the forum Help Needed! 10 years, 11 months ago
Barry,
My name is Hari Yellina and invested in lot of properties in Australia. Best advice for the apartments is.
Close to city
2 bedrooms
2 bathrooms
1 car space.
This properties are always tenanted and will get more rental return.
Why?
People do like to have their own car
If 2 people want to share house, they need a separate…[Read more]
yellina replied to the topic Is selling ppr the right idea at seperation? in the forum General Property 10 years, 11 months ago
Dear Tigermiger,
I have a friend who has gone through the same process.
How to approach.
Get an independent valuer.
Goto comm bank and ask for Valuation and they have a free valuation for their customers who are looking to purchase a new property.
Get appraisal letters from real estate. Tell them you are look for selling house for…[Read more]
yellina replied to the topic looking for a goof financial adviser on the south side of Brisbane in the forum Help Needed! 13 years, 1 month ago
Dear MJP,
Financial adviser survive on selling you on some products, they will not advise you to buy anything they dont get commision on.
How will they make you money. Commision works this way.
If you are 30+. they charge .65% to 1% (still got 40 years to make you broke)
If you are 50% charge them 2% (so they can make you broke in 20…[Read more]yellina replied to the topic Where do you go when the banks say no (I’m a poet) in the forum Help Needed! 13 years, 1 month ago
Hi Energy4Ananrchy,
I can recommend some one name claudio at http://financecorporation.com.au/.
I dont sell real estate or any loans. At the moment, even the lenders approve your loan, you will have to pass the hurdle of LMI. Some lenders even though you take less then 80%, still submit your application to LMI. Recently they are checking credit…[Read more]
yellina replied to the topic What would you do if you have 400K ? in the forum Help Needed! 13 years, 2 months ago
This Was suggested, if u want to retire by next month with only 400000.
If we have time. I got lot of strategies. What you can do with 400k.
yellina replied to the topic Where do you go when the banks say no (I’m a poet) in the forum Help Needed! 13 years, 2 months ago
Dear Energy for Anarcy,
I am myself a property investor and few properties under my belt, I would say more than five. So, I do get knocked back by the banks for borrowing more on the properties.
Not that we dont fit the criteria, the average bank employee can understand only few steps. If a couple having 2 salaries buy a first home and after few…[Read more]
yellina replied to the topic What would you do if you have 400K ? in the forum Help Needed! 13 years, 2 months ago
I am not sure about your age and what is tour plan. But with 400,000. You can actually retire and be a millionaire in the future.
Case scenario 1
You can buy 2 apartments in Melbourne. As a first home buyer, government will pay most of the stamp duty and some extra money is left to be used for other property stamp duty as well, buy 2 apartments…[Read more]
yellina replied to the topic Shares beat property over the years in the forum Opinionated! 16 years, 5 months ago
As Martin told, End of the day, all it matters is are we becoming rich while investing. Shares take every day of my time to look into it. If we really calculate amount of work required with property, I give my thubs up for property. Buy once and rent it out. Please do comment on this thoughts guys.
yellina replied to the topic Does anyone want to share accomodation at the Conference in Melb 11-13 April? in the forum Heads Up! 16 years, 6 months ago
Dear All, Sorry I thought it wasnt Melbourne. I am from Melbourne, I will not be sharing anyway. But there is a good event going in September. For 3 days hope you all will enjoy. Its always good have smart people who are in investing to be sharing things. Guys let me know any good properties around.Regards,Hari Yellina.
yellina replied to the topic Does anyone want to share accomodation at the Conference in Melb 11-13 April? in the forum Heads Up! 16 years, 9 months ago
Heather, Thats fine. I shall some one for that weekend. Regards,Hari Yellina
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