Hi RK.I don't know of either of these companies in my professional dealings but may I suggest you have a look at this link to the Sydney Morning Herald : I provide you this link to highlight the absolute necessity of NOT making decisions on the day with a so called 'wealth creation' company until YOU HAVE DONE YOUR DUE DILIGENCE ON THEM. Too many…[Read more]

Terri Scheer are the Landlord Insurers we use personally, and also recommend to our clients. They are the ONLY Landlord Insurer in Australia who ONLY insure Landlords. They do NOT insure anything else – cars, boats, life, etc.. I have known Terri from as far back as 16 years ago when she first started specialising. Now she has grown into a…[Read more]

Hi Bullet.Woah! Way too broad to answer with any degree of accuracy. Please feel free to drop me a personal email below and i'd be happy to discuss further with you but really need more 'private' financial info to guide you with professionalism. The consultation is free and you're welcome to checkout my other posts as well as our our website.Kind…[Read more]

G'day Willister.I would suggest, firstly, that you do have an electrician give the wiring and wall plugs the usual tests to make sure the premises do meet the minimum standards so you know you are protected with regards to your building and public liability insurance. Now, if the premises are indeed ok, and your tenant wishes to introduce…[Read more]

Hi hankmoody.As I have said, everything is negotiable and so are my fees!. The problem with most lawyers and in particular, the big law firms, is it's pretty much a 'boys only club'. Most Lawyers won't negotiate on fees just like Doctors and Vets won't. Most of them believe that the 6 years minimum of study it took to obtain their qualifications…[Read more]

So true Richard – my bad and my apologies to the forum – and again, please people listen to those specialists who are certified and licensed as they know the laws and regulations in their given fields and will not only help you but, more importantly, protect you. Remember also, the true professional who comes on to this forum disclosing who he or…[Read more]

G'day Troy.Is this cheque on top of your agreed deposit amount? Is the $5k simply your deposit? Is this cheque made out to the Vendor directly? You must be careful here. When a contract is drawn ias a formal offer to the Vendor (usually by the real estate agent) an agreed deposit amount is written in to show the Vendor how serious your offer is.…[Read more]

G'day Jake.May I suggest that if you are PAYG now and qualify for the loan amount you require in around 6 months time, that you go ahead and get the loan to pre-approval stage because, unfortunately, once you become self-employed the majority of lenders need to see at least 2 years of Profit & Loss plus what income you are drawing from your…[Read more]

And what a great lesson it is for all the new and inexperienced investors and Brokers and, perhaps, even some of the 'old school' investors and Brokers. Fraud is fraud and if we, the Broker help facilitate that fraud, well …….. Thanks Richard.Kind regards

G'day everyone.There has been alot of good discussion on this particular topic but what it all seems to boil down to is if we have a bust or not this is really the not issue. The issue is two fold: 1. If you don't invest into property then what alternatives does the ordinary Aussie (who usually lacks time and knowledge to learn more) have to…[Read more]

Hi again Cappy.I have no problems with your figures and yes, traditionally, Australian property performs much better in growth and our government does allow for depreciation and tax variation that often reduces the investors out-of-pocket costs on a negatively geared property down to almost nothing. However, there does seem to be one factor a lot…[Read more]

NO, you are wrong again Matt! Cash is NEVER king. During WW2, when the proverbial hit the fan a whole suitcase of cash in Germany wouldn't buy you a loaf of bread. GOLD and precious metals are truly king my friend and I guess this does prove that a single post grad in Finance doesn't make one the Master Guru of Australian and World Economics. Oh,…[Read more]

Hi Cappy.I find one big, glaring problem with your figures. I am pretty well researched on IP in the US of A and wish to know why you have allowed zero,0, nadda capital growth in your hypothetical USA property but have in your OZ IP? Of course this magnitude of omission in your figures will allow your Oz IP to kick the brains out of your USA…[Read more]

Hi Haratio.Have a look at our website and see what you think. We are in Hobart and Launceston.Kind regards,

Matt, instead of trying to justify your position and knowledge based on an undergraduate degree in Finance and that "i know these things', why not take your wordly knowledge and invest in something better than property like, say shares, managed unit trusts, orworm farms and pine plantations i'm told are good alternatives(sic). Yes, you have the…[Read more]

ABC, PREMIUM FINANCE SERVICES, PREMIUM CONSULTING GROUP, BOSTON ONE, OPTIMA EQUITY SOLUTIONS, JARDINE PACIFIC, SYNERGY PACIFIC, CARLY CRUTCHFIELD & CCORP ………….Need  go on!ALL of these so called "Wealth Creation" companies (and there are buckets more of them) disguise their services as providing education and giving people the whole…[Read more]

A Tradesperson Brokering Firm for Property Investors and Managers? Mmmmmm……. I LIKE IT Brazy!

Did you use your own crystal ball,some old issues of Nostradamus, Dianetics or perhaps some Pseuddopygrapha, Apocrypha or the Gnostic Gospels. I haven't read this much "possible" future real estate negativity since reading a L.Ron Hubbard's "Battlefield Earth"!

You have met all your legal obligations under the terms of a WA Real Estate Sale's Contract – you owe the purchaser nothing. You tell this ignoramous purchaser that you have sought legal advice and the advice is this: you (purchaser) ignored your rights as outlined in the pre-settlement contract so "caveat emptor" or "buyer beware". Oh, and remind…[Read more]

Hi Boshen.Firstly, there is never the perfect time to start investing into property but, you must start sometime. What and where you invest is going to be contingent on many factors: your ability to borrow and service a mortgage on an IP; how much you can borrow will pretty much dictate what you can invest into (i.e. unit, house, etc.); how much…[Read more]