I have two ways of looking at this.

1. Is that is may provide you with the ability to to increase your cashflow. One exapmle is I recently simply installed ceiling fans in a regional unit. Less than $200 installed, yet I increased the rent by $5 per week. I received a $260 p/a for a $200 investment.

2. The second point is that it…[Read more]

Great to see you post on the forum. I read your 2 part story in API – very informative and inspirational.

Looking forward to reading more of your posts….

Cheers,

Battz

Cheers,

Battz

I’d say Mr Burley got the thumbs up, so I’ll grab a copy today and get into it!

Cheers,

Battz

Sorry i wasn’t very clear in my original post. I haven’ t got either yet.

Cheers,

Battz

Cheers,

Battz

If you can, grab a copy of the latest Australian Property Investor. There is good article on a couple that have invested extensively in +ive cashflow properties, including Ipswich.

Also if you do a seach for IPSWICH, you should find a few posts..

Cheers,

Battz

1. Property was actually on the main highway (which was also a road train route[!]) but that section of the Highway was renamed, so unless you were a local you’d have no idea.

2. Property was neighbouring a railway line and directly opposite a rail freight…[Read more]

I’m heading out to look at some +ive cashflow properties in regional Qld over the weekend, but unfortunately im only in a position maybe buy one []

But would be happy to pass on the details/photos/stats on the property & area and in retrun be “reimbursed” for my expenses.

For any further details please email me: mark at…[Read more]

I purchased a highset Queenslander in regional Queensland late last year. Similar sort of numbers to the one you are looking at. Paid $88k for it and renting for $160p/w. The property was revalued day after settlement for $100k.

I was attracted to this property for several reasons.

1. I knew i was buying below market value
2.…[Read more]

By “Growth Corridor” do you mean
Beenleigh, Logan, Woodridge & Springwood? I’ve heard views that its just a matter of time before Brisbane and the Gold Coast will “joined”

Interesting times ahead…….

Cheers,

Battz

Its great to hear stories of actual deals. I will certainly be looking at this option in the future as it looks like a great way to expand your property portfolio with limited cash – provided you can service the debts.

I can see this becoming even for effective in a “down” market where vendors are more motivated an would be more…[Read more]

Im not sure what brought about the broad handed slap that my question was “merely a theoretical question”.

I have asked questions before and as a result have been able to implement these suggestions/ideas when buying property.

I thought this site was about the sharing of knowledge? I have read the sugestion both on this site, and in…[Read more]

Hope nobody minds if i revivie this interesting thread I came across….

I am very interested in the concept of 100% finance with the vendor “leaving in some $$$” as it sounds as if it can create a “win-win” situation.

I am looking for some additional “nut & bolts” details on this topic. Not sure if its best to ask the floor, or if…[Read more]

In saying that just to hear the man live is impressive. ANd he does challenge your “old ways” of thinking. He is very motivating, and that alone is worth $60.

He also discusses his current project in…[Read more]

Thanks for your comments. Its been great dealing with you, and Im glad you were able to secure the 3 properties. Exciting times ahead…

I am fortunate that I am in a position where I have the time and ability to research both locations and the actual properties. I found the use of a video camera excellent value. It provides…[Read more]

Drop me an email vmax at bigpond.net.au

Cheers,

Battz

i have just got back from 8 days in NZ (flew back in on Wednesday) where I made a few contacts with RE agents and Banks. Drop me an email vmax at bigpond.net.au

Cheers,

Battz

I bought my first IP 4 weeks ago, Steve’s book provided great inspiration. I have been researching property for a couple of years now, but only seriously for the past 3 months or so.

Unfortunately limited funds has reduced the amount properties I can buy, but…[Read more]

Great thread. Im actually heading off to NZ next Tuesday for a wedding, and figured whilst im there I’ll look at some properties. I’ve already managed to arrange some appointments with RE agents. Ahh the internet, what would we do without it. []

I’m going to travelling the south island, so my research will be restricted to there.…[Read more]

Helen I just signed one this week, again country Qld. $72,000 returning $185 p/w.

I have found 3 more deals in the same town (but Im out of cash []) and I have emailed the details of to a few members of the forum.

Basic details are:

1. $65,000, fully furnished (microwave, fridge, washing…[Read more]

I cant speak for NSW properties, but I have found them in Qld. I finished reading Steve’s book 4 weeks ago and have bought 2 properties since then that meet the “11 sec solution”, as well as another 5 properties in the same town, but finances restrict the number of purchases for now.

As you will see mentioned many times on this…[Read more]

Its great to hear stories of people getting out and doing their first deals. Exciting times isn’t it..

Cheers,

Battz

You know the sad thing, I know someone who did exactly the same.

Fact is stranger than fiction!

Cheers,

Battz

Cheers,

Battz

He other books are a great read too.

Cheers,

Battz

P.S. He is coming to Australia in November

I am always amused when I read/hear the term, “Property Bubble Burst”. Can anyone explain what this term actually means? I know its an emotive media term, hence it is thrown around a lot.

To me a bursting bubble implies something is inflated and then bang, in an instant there is nothing. How on earth could this be applied to…[Read more]

I had been given similar advice. Provided you are not “advising” people to buy these particular properties. It is simply providing information about a certain property and perhaps providing recent sales figues/photss etc and charging a fee.

Cheers,

Battz

P.S. Thanks to those whom have emailed me, sorry in the delay to reply…[Read more]

City of 100,000, I suppose that rules out Brisbane[], but thats about Adelaides populatuion isnt it? (Battz ducks in the corner ready to be belted by Adelaidians….)

Cheers,
Battz

And that Msg has been changed 3 times this morning with renewed times!!

[]

Bronwen, try battz71@hotmail.com

Cheers,

Battz

Drop me an email vmax@bigpond.net.au I might be able to point you in the right direction..

Cheers,

Battz

I dont think your initial post was too harsh, I think it was pretty close to the truth. I believe the majority of the forum is prepared to assist with advice, examples, research material, useful links, seminar dates and even members offering personal coaching. What else do people actually expect?

Well I suspect some(extreme minority)…[Read more]

I agree that when you are starting out its great to have a helping hand to point you in the right direction.

Buy and read:

Steve’s Book
Dolf De Roos “Real Estate Riches”

and attend a couple of seminars, that will give your plenty of “spoon feeding”

Cheers,

Battz

Ive got the same question. I too am interested in attending, but not sure if its suitable for me (as Im a handyman idiot!)

I’d been keen to hear from anyone whom has attended. vmax@bigpond.net.au

Cheers,

Battz

Drop me an email at vmax@bigpond.net.au I now live in Brisbane but am a former Adelaidian []

Cheers,

Battz

It was great to read your “Reply to the naysayers”, I believe you summed up the feelings of many of the members of the forum.

Perhaps the great point you highlighted was the “insult in asking for a refund on the book”

I firmly believe that the information contained in the book is grossly undervalued at twenty something dollars. I…[Read more]

Will a lender give me finance if the 10-20% “deposit” has come in the form of Vendor Finance?

What rates does the vendor usually receive for the Vendor Finance?

Is it complicated?

Help needed….

Cheers,

Battz

I have 2 point here:

1. I think its actually a positive to have an emotional attachment to the property. If I thinks its a attractive property then there is a good chance that a potential tenant will also. This…[Read more]

Corr, ect me if Im wrong, but doesnt Steve, in his book encourage people to come to this forum to advertise properties for a fee?

Battz

Just saw the suggestion of building capital with no $$$ behind you, by flipping. I’v read Steve’s book so I have a brief idea, but doesnt flipping require the purchaser to still have finance approved, and then on sells it at a joint settlement? Or have I just got myslef horribly confused..

Cheers,

Battz

Sounds like good numbers, $98k and $220 p/w. Just goes to show they are out there.

I should have added with my story that it took me 2 months, approx 80 hours of internet research and viewed 70 houses.

But I think you’d agree its worth it.

Cheers,

Battz

I agree 100% with your comments. Every author/speaker has a slightly different strategy or approach, and you have to feel comfortable with that idea.

For example Steve with wrapping. If you are not comfortable with the concept of wrapping, then part of Steves book may not be for you.

Personally I love to “buy” stuff, and am always…[Read more]

Convincing the “other half”, not the easiest task in life…[]

I signed a contract on a 3 bedroom property last week, purchase price $88k and will return $160 p/w as is. Ahh, I hear grumbles out there “but this doesnt fit the 11 sec rule”

But wait thee’s more!

One of the bedrooms is a long room, with an entry door at either end.…[Read more]

I was starting to think I was the only one who had read the book….

Well I didnt really read it, just looked at the Pics..[]

After reading Steve’s book, and this thread, I was wondering if there are any “guidelines” as to using this “spotters fee” system.

For example what do people charge for introducing them to a deal (subject to it being bought)?

Is the introducer relying simply on the honesty of the buyer to pay them after they have bought the…[Read more]

But I believe there are some things which shouldn’t necessarily be aired on the forum. For example if someone paid $$$$$$ to attend a 2 or 3 day seminar, should they then come back to the forum and reveal all the “secrets from the course”

Or if you attended the “Reno Kings” seminar, then came back and uploaded the…[Read more]