Hi Sonny,

I have heard of others (experienced investors who buy land when the prices are good, and more than one at a time. The major question really is “Are these land blocks really good deals?” Much of the answer will depend on who is developing them. Although I’m sure there a host of good, honest business people doing good deals, the whole…[Read more]

Hi San,

If you are investing and looking for a house as IP, where would you buy now?

Much more important than where would I buy, is the question “What are your goals?” It is also important to know where you are in terms of your investing ability – financial situation, skillset, risk appetite, age, job security, knowledge, etc, etc.

Give some…[Read more]

Hi San,

If you are investing and looking for a house as IP, where would you buy now?

Much more important than where would I buy, is the question “What are your goals?” It is also important to know where you are in terms of your investing ability – financial situation, skillset, risk appetite, age, job security, knowledge, etc, etc.

Give some…[Read more]

@Benny, @Jamie, Are you investors?

I was when I was using Nick – now semi-retired, but still interested in property…. You never know what might suddenly pop up. ;)

Benny

Hi Ethan,

I wonder if Jerry picked it? Related parties or similar.

Funny thing is that it shouldn’t matter that much even if you DID accept the tenants as they stand. One has no lease, so they could be out in 30 days or so – the other, well, how long is on their lease before renewal – and, at renewal time, the vendor is out of the…[Read more]

Hi all,
I wonder if fxdaemon might be thinking of Asset Based Lending, rather than non-recourse – you know, the kind where they will lend to 65% with no documentation re Income required at all.

On this low LVR, if any problems were to occur, they can sell even at fire sale prices and reclaim their loan in full.

Benny

Hi Kbrodee,

Can anyone shed some light on how the median price on realestate.com.au is calculated??

Yes, I can – I went to the source, pulled up that same property, then, where it shows Median Price, clicked on it. It opens up to show you the numbers, then has a comment like “How was this calculated?” Click on THAT, and all is…[Read more]

Hi Kbrodee,

Can anyone shed some light on how the median price on realestate.com.au is calculated??

Yes, I can – I went to the source, pulled up that same property, then, where it shows Median Price, clicked on it. It opens up to show you the numbers, then has a comment like “How was this calculated?” Click on THAT, and all is…[Read more]

Hi Kbrodee,

Can anyone shed some light on how the median price on realestate.com.au is calculated??

Yes, I can – I went to the source, pulled up that same property, then, where it shows Median Price, clicked on it. It opens up to show you the numbers, then has a comment like “How was this calculated?” Click on THAT, and all is…[Read more]

Hi Kbrodee,

Can anyone shed some light on how the median price on realestate.com.au is calculated??

Yes, I can – I went to the source, pulled up that same property, then, where it shows Median Price, clicked on it. It opens up to show you the numbers, then has a comment like “How was this calculated?” Click on THAT, and all is…[Read more]

Hi Kbrodee,

Can anyone shed some light on how the median price on realestate.com.au is calculated??

Yes, I can – I went to the source, pulled up that same property, then, where it shows Median Price, clicked on it. It opens up to show you the numbers, then has a comment like “How was this calculated?” Click on THAT, and all is…[Read more]

Hi Kbrodee,

Can anyone shed some light on how the median price on realestate.com.au is calculated??

Yes, I can – I went to the source, pulled up that same property, then, where it shows Median Price, clicked on it. It opens up to show you the numbers, then has a comment like “How was this calculated?” Click on THAT, and all is…[Read more]

Hi San,
See this link – https://www.propertyinvesting.com/topic/4990179-please-point-me-in-the-right-direction/#post-4990180

Further to that, do a Search for “moustacas” on here and you will see Nick’s name mentioned MANY times over the years, including where he has presented to groups of investors. I last used him 5 years ago when I was in…[Read more]

It seems there is nothing gong for under $350k

Did you see the Median that pops up whenever you click on a property (it takes about 30 secs to show up).

When clicking on that first link, it shows the Median (middle) price is $316k. So if most are selling for $350k, how can that Median be correct? It should indicate that a bunch more…[Read more]

OK Kbrodee,
let me play devil’s advocate !! I checked out those links you posted. And the first one had a big question that I think needed answering.

It is on a good sized block (586m2?) and the interior looks very nice – perhaps renovated? So, the two questions that follow are these :-

1. It seems the median value for a 3bdr in FNorth…[Read more]

Hi San,

In case you are having trouble, here’s where you can find Jacqui :-
https://www.propertyinvesting.com/members/jacm/

Benny

Hi Kbrodee,

I can’t help with any knowledge of Frankston, but this quote of yours caught my eye:-

We soon realised that the stigma attached to the suburb was in no way justified or logical. We had spent considerable time in the outer suburbs of Sydney over an hour’s drive from the CBD prior to looking in Melbourne, where the median price for a…

[Read more]

Hi Kbrodee,

I can’t help with any knowledge of Frankston, but this quote of yours caught my eye:-

We soon realised that the stigma attached to the suburb was in no way justified or logical. We had spent considerable time in the outer suburbs of Sydney over an hour’s drive from the CBD prior to looking in Melbourne, where the median price for a…

[Read more]

Today, I came across an old “GOTCHA” – so I wanted to add a post to this string especially for these traps. As each gotcha is added, I will add a quick spiel, then the link.

The first GOTCHA is to do with my old mate, the OFFSET ACCOUNT. But, it could be about any other Account too – so do read it, even if you don’t have an Offset – and relate…[Read more]

Today, I came across an old “GOTCHA” – so I wanted to add a post to this string especially for these traps. As each gotcha is added, I will add a quick spiel, then the link.

The first GOTCHA is to do with my old mate, the OFFSET ACCOUNT. But, it could be about any other Account too – so do read it, even if you don’t have an Offset – and relate…[Read more]