Total Members: 158,085

B.Deros

  • B.Deros replied to the topic Investors News!! NSW Bus Stop Shelters for Sale! in the forum General Property 20 years, 4 months ago

    The email bounced so I guess not.

  • B.Deros replied to the topic Investors News!! NSW Bus Stop Shelters for Sale! in the forum General Property 20 years, 4 months ago

    quote:
    You’ve got a good sense of humour Bill.[:0)]

    Hey, call me stupid (or naive maybe) but is this a real offer or a joke??
    I am interested if it’s the real deal.
    thanks,
    Ben

  • B.Deros replied to the topic Why and when to use different structures? in the forum General Property 20 years, 4 months ago

    Thanks Terry,
    I have the latest magazine, I’ll check it out.
    regards,
    Ben

  • B.Deros replied to the topic Property Management Fees in the forum General Property 20 years, 4 months ago

    A good property manager saves you money!

    I researched the REA in my area and chose the most expensive as my property managers @ 8.5%. Why? Because they distinguished themselves from the other REA in their quality service including by guaranteeing 3 inspections a year.

    Ideally you would manage it yourself, but my properties are interstate.

    Get a…[Read more]

  • B.Deros replied to the topic Depreciation Schedule in Rural SA in the forum General Property 20 years, 4 months ago

    A schedule by Deppro cost me $440 and was well worth the cost. This is a once off fee that I can use for the life of the property (40 years).
    Deppro are one of well known depreciation specialists but I don’t think they have an Adelaide office…
    Ben

  • B.Deros replied to the topic Is the inner west Sydney market softening up?? in the forum General Property 20 years, 4 months ago

    From what I understand investors are now driving the Sydney market. First-home buyers have significantly dropped off in the last few months, making the FHOG less and less of an influence. This has to mean the end is nigh!

    The Prophet

  • B.Deros replied to the topic First deal in the forum General Property 20 years, 4 months ago

    quote:
    As an addendum, I’ve already polled the vendor to see if he is interested in negotiating price or terms. I offered a 3 year interest only loan on the 25% needed for the deposit but he wasn’t interested. (He’s an old guy and just wants to retire and not bother with deals.)

    Also, if I can’t raise the 25%, I’d be willing to pass it along for…

    [Read more]

  • B.Deros replied to the topic Increasing rental returns in the forum No Subject 20 years, 4 months ago

    This is answering the question a bit laterallly, but getting a great tenant is way of increasing returns.
    I have one property where the rent is a little below market. However the tenants have lived there 8 years, never been behind in rent, and haven’t cost me a cent in maintenance in the 12 months I have owned it!
    This more than makes up for the…[Read more]

  • B.Deros replied to the topic Buyer Real Estate Agent commission in the forum General Property 20 years, 4 months ago

    He works out of the Brisbane/Gold Coast area. Feel free to send me an email [email protected] if you’re still interested
    cheers,
    Ben

  • B.Deros replied to the topic Help me with my strategy! in the forum General Property 20 years, 4 months ago

    Looks like everyone agrees so far!
    Any more ideas?

  • B.Deros replied to the topic Buyer Real Estate Agent commission in the forum General Property 20 years, 4 months ago

    I have a friend in the buyer’s agent business. So far he has found genuinely excellent deals for people and charged 3K for the service.

    Many potential clients have been sceptical of course, but those that bought through him have been more than happy I understand.

    I think it comes down to whether you have more money vs. time to how much value you…[Read more]

  • B.Deros replied to the topic Help me with my strategy! in the forum General Property 20 years, 4 months ago

    Thanks guys, keep the ideas coming…

  • B.Deros replied to the topic The Dreaded Body Corporate in the forum No Subject 20 years, 4 months ago

    Hi,
    I am not yet an expert on property but here’s what I can offer on this subject…
    One of the first questions I asked about a property when buying was the BC fees as they do have a big impact on cashflow.
    I looked out for things like swimming pools that would add up to a big drain on BC funds but not equate to a compensatory rise in rent.
    BC’s…[Read more]

  • B.Deros replied to the topic Ed Burton + Hans Jacobi in the forum Heads Up! 20 years, 4 months ago

    Hi Bribie,
    I am very interseted to know what Hans was saying about his Beenleigh properties as I purchased there last year.
    Would you mean dropping me an email? [email protected]
    cheers,
    Ben

  • B.Deros replied to the topic Mentoring Question for Steve in the forum Hotch Potch 20 years, 5 months ago

    Well sounds promising ENJOlady.

    Just doing my ‘due diligence’ on the investment ;)

    Ben

  • B.Deros replied to the topic mortgage insurance Can you get a refund? in the forum Hotch Potch 20 years, 5 months ago

    Interesting, never occured to me!
    What is BIO?

  • B.Deros replied to the topic Other Reading material in the forum Heads Up! 20 years, 5 months ago

    I read John Fitzgerald’s 7 steps to wealth and was fairly underwhelmed…something was missing in it for, the advice wasn’t as intellectually sound. I guess I am a little sceptical anyway as his mob Custodian Wealth Builders do try and pitch their services to you at seminars (whilst badmouthing other people who do the same thing).

    regards,
    Ben

  • B.Deros replied to the topic Mentoring Question for Steve in the forum Hotch Potch 20 years, 5 months ago

    Hi Steve,
    Thanks for the reply, fair points. I won’t do anything myself, but am not really the groupie type anyway ;)
    I am in fact considering attending the seminar in Sydney. $1190 certainly isn’t outrageous if the benefits are there.
    What size event will this be, i.e. how many people? Will specific questions from the attendees be encouraged or…[Read more]

  • B.Deros replied to the topic 8.75% p.a. for Just Sitting on Your Bum in the forum Hotch Potch 20 years, 5 months ago

    I would rather earn 8.75% on a $200,000 property I put down 10% on, than $20,000 of my own money.

  • B.Deros replied to the topic 11 sec rule is OLD lowball rule in the forum Opinionated! 20 years, 5 months ago

    In response to the original post I think Steve (the author Steve) goes to quite enough trouble to explain how the 11 second rule fits into his investing – it’s an initial test to filter through a lot of available property very quickly.

    I doubt the original poster actually read the chapter properly. I too have heard the rule before, expressed as…[Read more]

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B.Deros

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