Benny replied to the topic Property Investment Firms – Advice Needed Please! in the forum General Property 9 years, 8 months ago
Hi Pete,
A licensed person that you engage to find a property that meets your requirements.
Where a Seller goes to a Real Estate Agent to have them SELL his property, a buyer might search for a Buyer’s Agent to help him BUY a property. e.g. You might live in Melbourne and want to buy in Brisbane – a Brisbane Buyer’s Agent would have local…[Read more]
Benny replied to the topic Property Investment Firms – Advice Needed Please! in the forum General Property 9 years, 8 months ago
Hi Pete,
Though I can’t recommend firms that are kosher, what I can do is to say that I am sure there are many GOOD firms out there. But yes, there have been countless “horror stories” over the years of marketeers who fleece unwitting buyers.These are some of the “alarm bells” that should ring loudly if you are dealing with “bad dudes”:-
1. Bad…[Read more]
Benny replied to the topic Property Investment Firms – Advice Needed Please! in the forum General Property 9 years, 8 months ago
Hi Pete,
Though I can’t recommend firms that are kosher, what I can do is to say that I am sure there are many GOOD firms out there. But yes, there have been countless “horror stories” over the years of marketeers who fleece unwitting buyers.These are some of the “alarm bells” that should ring loudly if you are dealing with “bad…[Read more]
Benny replied to the topic Property Investment Firms – Advice Needed Please! in the forum General Property 9 years, 8 months ago
Hi Pete,
Though I can’t recommend firms that are kosher, what I can do is to say that I am sure there are many GOOD firms out there. But yes, there have been countless “horror stories” over the years of marketeers who fleece unwitting buyers.These are some of the “alarm bells” that should ring loudly if you are dealing with “bad…[Read more]
Benny replied to the topic Property Investment Firms – Advice Needed Please! in the forum General Property 9 years, 8 months ago
Hi Pete,
Though I can’t recommend firms that are kosher, what I can do is to say that I am sure there are many GOOD firms out there. But yes, there have been countless “horror stories” over the years of marketeers who fleece unwitting buyers.These are some of the “alarm bells” that should ring loudly if you are dealing with “bad…[Read more]
Benny replied to the topic New Lead Generator Required – My Old Lead Generator Has Retired Once Again in the forum Help Needed! 9 years, 8 months ago
Hi @knightm
(this assumption is based upon your post over in buy swap sell https://www.propertyinvesting.com/topic/5023764-wanted-old-opted-in-data-bases-to-be-refeshed/) I would never personally sell my list, and I imagine the others here would not either as our clients signed up in good faith not expecting to be spammed by someone else.
Benny replied to the topic CF+ Rental, what to do? in the forum Help Needed! 9 years, 8 months ago
Hi SJK,
You sound very sensible – and I agree that spending money on regional properties would have to be carefully considered. I think you can do far better by looking in other directions to grow your wealth.
e.g. Rather than spend too much time trying to engineer a Tax Benefit (where you might get back 40 cents for every $ you…[Read more]
Benny replied to the topic CF+ Rental, what to do? in the forum Help Needed! 9 years, 8 months ago
Hi SJK,
You sound very sensible – and I agree that spending money on regional properties would have to be carefully considered. I think you can do far better by looking in other directions to grow your wealth.
e.g. Rather than spend too much time tryng to engineer a Tax Benefit (where you might get back 40 cents for every $ you outlay….),…[Read more]
Benny replied to the topic Wealth Retreat by Michael Yardney – is it worth the $9500 price tag? in the forum Heads Up! 9 years, 8 months ago
Hi Tripaholic,
I haven’t attended any major courses of Yardney’s (just little seminars some years back). I got the impression that Yardney is all about developing – and, if that is the way you are wanting to stretch, maybe his Wealth Retreat heads that way (???) But I really don’t know.You sound like one who has a very clear idea of where…[Read more]
Benny replied to the topic Student Accommodation in the forum General Property 9 years, 8 months ago
Hi Brett,
The very nature of “student accommodation” means that for 2 or 3 months of the year, you might not have a tenant. Or, you might be able to use airbnb or similar to “plug the gaps”. But then, that does substantially increase the risk factor surely, and would have some kind of negative effect on the Nett Yield.When looking at 8%…[Read more]
Benny replied to the topic Steve McKnight – 2016 Millionaire Mega Conference Melbourne in the forum General Property 9 years, 8 months ago
Hi DTB,
I remember seeing Derek Gehl’s name on the list…..
Benny
Benny replied to the topic The Verdict On Steve McKnight’s 5 Day Bootcamp in the forum Heads Up! 9 years, 8 months ago
Hi @mikesonthemic and @daniel-vic
Any plans for another one to run?
I just heard last night (at the Brisbane Market Update) that there WILL be another one this year – and I think it is in June !!
If you are going along to one of the other Market Updates this week, you will have the opportunity to put your name on a list of interested…[Read more]
Benny replied to the topic The Verdict On Steve McKnight’s 5 Day Bootcamp in the forum Heads Up! 9 years, 8 months ago
Hi @mikesonthemic and @daniel-vic
Any plans for another one to run?
I just heard last night (at the Brisbane Market Update) that there WILL be another one this year – and I think it is in June !!
If you are going along to one of the other Market Updates, you will have the opportunity to put your name on a list of interested parties…..…[Read more]
Benny replied to the topic American Foreigner Investing in Australia? in the forum Overseas Deals 9 years, 8 months ago
Hi Caleb,
Check out the “Training Centre” on the Home Page for lots of useful information. The following link will take you to an Article on “Flips” which sounds like what Wholesaling means in the US. Have a read to see if it fits:-
https://www.propertyinvesting.com/flips/
Other than in the Training Centre, check out the “Creative…[Read more]
Benny replied to the topic Need help!! before i lose my money in the forum Help Needed! 9 years, 8 months ago
Hi Danny,
Been saving since 16 and its my first step in to real estate – dont want my money to go down the drain!
I can understand the excitement !! This sounds like a big step for a beginner – but then, is it really?
It may in fact be a simple buy/reno/rent to get funds coming in, and the subdivision can follow down the track. So,…[Read more]
Benny replied to the topic Bargains in Docklands? in the forum General Property 9 years, 8 months ago
Hi Duane,
With the well-publicised “potential glut” of apartments maybe unsettling some owners, there might be some bargains to be had if you bide your time. Perhaps consider looking out for bargains even as the girls rent in the area. They will get to know more about “Will they like to live there into the future” and may even get to hear of…[Read more]Benny replied to the topic Bargains in Docklands? in the forum General Property 9 years, 8 months ago
Hi Duane,
With the well-publicised “potential glut” of apartments maybe unsettling some owners, there might be some bargains to be had if you bide your time. Perhaps consider looking out for bargains even as the girls rent in the area. They will get to know more about “Will they like to live there into the future” and may even get to here of…[Read more]Benny replied to the topic Annual growth rate in the forum Help Needed! 9 years, 8 months ago
Hi Chat,
Seems to me they would have just doubled by 2029 in your spreadsheet (the Rule of 72 tells me that). That sounds a bit conservative, but then, I recall that from the late 80’s to 2000 there was very little growth in Brisbane (so, about 11 or 12 flat years).But then it took off with a hiss and a roar, and DOUBLED house prices in…[Read more]
Benny replied to the topic Annual growth rate in the forum Help Needed! 9 years, 8 months ago
Hi Chat,
Seems to me they would have just doubled in that time (the Rule of 72 tells me that). That sounds a bit conservative, but then, I recall that from the late 80’s to 2000 there was very little growth in Brisbane (so, about 11 or 12 flat years).But then it took off with a hiss and a roar, and DOUBLED house prices in about 3 years,…[Read more]
Benny replied to the topic What do you look for in an investment property? in the forum Help Needed! 9 years, 8 months ago
Hi there,
But with the new lending rules it would seem very hard to get refinanced if you don’t have any job income?
Things change over time – the main thing is that TheNewGuy has got into a position of strength. If it turns out that changes mean that borrowing is harder with no Income, then one sale, and using the Equity to pay down others m…[Read more]
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