Hi

Buyer Beware is great for evaluating property and provided templates to get you started. Investment Detective is all about crunching the numbers. So they are very different resources. You just need to decide what you want to gain from purchasing the product and go from there.

I would suggest doing a search, this question has been asked…[Read more]

Hi Mary-Rose,

It’s great to hear that you’re so excited after the Masterclass yesterday – best of luck in the coming weeks and months putting it all into practice!

Regarding an investor group in Brisbane – you may not be aware, but there already is one. It’s called the Better Investing Group (BIG), and it meets on the last Tuesday evening of…[Read more]

rem*2,

Thanks very much for your comments! It’s great to see that you learned so much and came away so motivated. Best of luck with getting out there and putting it all into practice!

Does anyone else who attended have comments?

Cheers,

Adam

Oasis Finance
for your Vendor Finance solutions
Achieve the Dream!
oasisfinance@optusnet.com.au

Hi Gavin,

For all you could ever want to know about the FHOG, check out the website – http://www.firsthome.gov.au/

Hope that helps,

Adam

Oasis Finance
for your Vendor Finance solutions
Achieve the Dream!
oasisfinance@optusnet.com.au

Anyone?[blink]

Oasis Finance
for your Vendor Finance solutions
Achieve the Dream!
oasisfinance@optusnet.com.au

Craig,

No probs. I hope it all goes well for you! I also think you’re probably onto a good idea to look further out where prices are lower – at the end of the day, one of the reasons people will come to you to do a wrap is because of income considerations. If you’re talking about a property in the 300s, with your mark up of 15-20%, and the higher…[Read more]

AmIHotOrNot,

Have a look at the two posts I’ve made this evening –

https://www.propertyinvesting.com/forum/topic/22450.html
https://www.propertyinvesting.com/forum/topic/22508.html

Hopefully these may provide some assistance to you.

No more slandering of this great resource hey…

Best of luck,

Adam

Oasis Finance
for your Vendor Finance…[Read more]

Hi Tig3r and welcome!

Firstly – my initial thought (and I fully understand that this is a gross generalisation!) is that being a passionate athlete, you are motivated and determined to succeed in whatever you do. So that is a great (and essential in property investing!) start!

My second thought is that you have made the best move possible by…[Read more]

Hi Craig,

I like your quote from “The Great One” at the bottom of your post – he makes a good point doesn’t he!

As for wrapping units – certainly it’s “do-able”, though I haven’t done any myself. The alarm bell for me with regard to units is their limited potential for CGs. Now as I said – I don’t have experience in units (quite deliberately),…[Read more]

Hi Swifty,

Now I don’t know whether I’ve misunderstood your question, or whether you’ve misunderstood how Wraps work…

So please allow me to very briefly outline how a wrap works, and then maybe that’ll either help you or you can come back and correct my misunderstanding (!). So here goes:

You buy property for $100K. You pay 20% deposit, and…[Read more]

Hi there Posi, and welcome to the forum! I’m sure you will find it to be chock full of great tips and advice.

As for your current situation, I would recommend asking some of the experienced mortgage brokers on the forum, such as QLDs007 – they may be able to give you some good advice.

In the meantime, please feel free to PM or email me for some…[Read more]

Westan,

Thanks very much for your reply. Finance shouldn’t be too big a problem for my lovely wife (who’s Canadian), so there’s one box ticked (hopefully!).

We’re interested in Nova Scotia (which is where she’s from), so if you have any details from that part of the world we would most appreciate it.

I’ll also have a good look at the website…[Read more]

Hi Alex,

Great question, and one that we are still working out the answer to. At the end of the day, it all depends on what your strategy is. If you are going by Steve’s methodology, I would suggest that the 11 second solution is a great start point, but in the current market you will be hard pressed to find a deal that immediately meets this…[Read more]

By the way – I do have Wealth Guardian and I would definitely recommend it if you’re serious about property investing. It is an excellent resource.

Cheers,

Adam

Don’t let life get in the way of living.

Loulou2,

I haven’t been to a Masterclass, but I have dealt with the team at PI.com on several occasions, and on each occasion I’ve found them to be most helpful and accommodating. The reason I say this is because I reckon if you told them you were going to the masterclass and requested the same discount as you would be getting there on the day,…[Read more]

Hi Danny,

Which state are you in?

Feel free to PM or email me and I can send you some info.

In the meantime I’m sure some of the experienced forumites who are mortgage brokers may be able to provide some comments / suggestions / advice.

All the best!

Kind regards,

Adam

Don’t let life get in the way of living.

(Wouldn’t it be nice if that WERE the formula! We’d all be millionaires!)[biggrin]

Don’t let life get in the way of living.

Aquila,

You’re absolutely right! Thanks for correcting me. Done in too much haste!

Regards,

Adam

Don’t let life get in the way of living.

Hi Lionheart,

First of all – welcome to the forum! I’m sure you will find this a fantastic resource.

I would start by reading Steve’s books – “0-130 Properties” and “$1,000,000 in Property in One Year”. Here you will find the very simple calculation which you can do in your head as an initial qualifier before you go on to do your full financial…[Read more]

Steve,

I’ve been in the Army for a few yrs (and then a few more…) and at various times I’ve considered buying with DHA myself.

There are certainly benefits of doing this – guaranteed rental income, (generally) good quality tenant, in depth property inspections on tenant departure, etc etc.

However, the downside for me is that they charge a…[Read more]