Buying my first property and new to real estate agent tactics (I think). I’ve been to quite a few open homes and when I go to put a written offer forward using their template, the form always mentions something along the lines of “I’m being honest when I say $X is the most I’m prepared to pay”.

Is this some sort of tactic to jack up my…[Read more]

Anthony

I wasn’t aware of Loan Market’s connection to Ray White, thanks for that tip.

Regarding loan type, I’ve read about professional loans which allow for a 10% deposit with no LMI, but taking into account the recent changes in lending practices post APRA, are these an attainable option? If so, do you know of any brokers who specialise…[Read more]

I plan on using the FHOG grants and stamp duty exemption, so I’ll need to live in the property for 6 months and then I plan on renting it out. Loan-wise, can I continue using the same Home…[Read more]

Good point. I was thinking from the point of view of saving every cent possible to save for deposits, but that’s a bit short sighted of me. I’ll suss it out, thanks for the prod in…[Read more]

Thank…[Read more]

At this stage I’m thinking of having both a capital growth target and a % yield threshold that I’d need to exceed. Falling below these numbers and I’d know that I should think about selling. The problem…[Read more]

Yep I meant over 80%, shouldn’t have been writing questions late at night after reading a stack of books! That’s exactly the…[Read more]

Just read your news article Tony, wow. Talk about great inspiration that it’s doable for someone like me who’s just starting out, good on you mate!

Terry my 9-5 job as a consultant is…[Read more]

And scarily enough I was told that idea by a friend of a friend at a dinner – they were going to try and claim…[Read more]

And scarily enough I was told that idea by a friend of a friend at a dinner – they were going to try and claim…[Read more]

That’s great to hear that it is doable Tony, I’m aiming to buy a positive cash flow property under market value and use…[Read more]

I’m in the process of putting together a business plan for my property investment strategy and I’m looking at rentvesting. Spanner in the works, I haven’t spoken to anybody who actually does it – is anybody on these forums rentvesting at the moment?

Bit of background, I’ve taken a massive hit to the pride and moved back in with the…[Read more]

I haven’t actually bought my first property, I’m jumping into it for the first time and learning as much as possible like yourself.

The one thing I’ve noticed about life in general, not just property investing, is that when you engage in a concept with which people aren’t familiar, an innate fear of the unknown leads to them hurling…[Read more]

Would there happen to be any Sydney events coming up in the near future? New to the whole property investment idea and unfortunately I don’t know anybody who’s gone and done it themselves. Instead I’m copping negative comments from people who haven’t done it themselves, I’d like to change that!

Cheers,
Anthony

I’ll admit I haven’t really looked into any other ‘asset protection’ methods however now that I know there are in fact other ways I can do some legwork. Thanks for the heads up!!

Regards,
Anthony

Thanks for your reply, I can definitely confirm that I fall into the “text book educated” category.

I’m an engineering consultant, however I don’t run my own business so I’d say my risk of being sued is quite low. I agree with your comments on cost/benefit – I just assumed that due to my thinking being opposite to what practically…[Read more]

I’ve started researching into property investment and plan on buying my first property in the next 12 months, however before looking at properties themselves I’m sussing out my goals and I’m slowly developing them into a viable business plan that I can follow moving forward.

I’ve currently…[Read more]