PropertyInvesting.com | Brett2 | Activity

Brett2 replied to the topic Off the plan in the forum General Property

Thu, 07 Oct 2004 06:48:49 +0000

generally speaking i believe that of the plan is a bit of a trap with IP’s. Do they give you a date for how long they will pay rent? and for how many years it is valid? I have seen cases where you are gaurenteed 9% on your investment for the first two years. and after that you are left with a house that is un rentabal and which you paid to much…[Read more]

Brett2 replied to the topic Official Property Investor in the forum General Property

Thu, 07 Oct 2004 05:36:43 +0000

Congratulations blonde,
Once you have paid of some of your mortgage you can use it to buy your second ip then third. ect ect.

It gets easier after the first one.

Regards

Brett

“Those who say it can’t be done are being passed by the ones doing it.”

Brett2 replied to the topic Location, location, location! in the forum No Subject

Tue, 23 Mar 2004 06:41:23 +0000

I think maybe you could change your stratergy a bit if there are know cash +ve and you want to invest in your area. then try looking at undervalued houses like morgagee sales ect and try to renovate them until you built up a bank.
Just an idea hope it helps
regards
Brett

“Those who say it can’t be done are being passed by the ones doing it.”

Brett2 replied to the topic A variation on the penguin game in the forum Forum Frolic

Fri, 19 Mar 2004 06:27:04 +0000

Just got 967.1 hit every mine. is a fun game not good for work though.

“Those who say it can’t be done are being passed by the ones doing it.”

Brett2 replied to the topic ITS A BABY GIRL in the forum Forum Frolic

Mon, 17 Nov 2003 03:22:25 +0000

Thank you all for your replies. Much appreciated
Brett

Brett2 replied to the topic Increasing rental returns in the forum No Subject

Fri, 17 Oct 2003 06:37:35 +0000

Add in another bedroom is a good one or if you are near a uni you can rent out each room which will equal more than one tenant. Agree to do odd jobs say mow the lawn for an extra $5 a week. Just a couple of ideas.

Brett2 replied to the topic Anyone here from SA? in the forum No Subject

Fri, 19 Sep 2003 07:09:35 +0000

Hi all Sounds like us south aussies can have our own seminar but instead of money everyone might have to bring a dish[] I am from Kingston in the south east and would like to be part of your gathering of the minds. my email is brett_lehmann@hotmail.com God to see some one willing to organise everything Your are a legend summo.
Regards Brett

Brett2 replied to the topic How financialy creative are you? in the forum The Treasure Chest

Fri, 19 Sep 2003 06:17:46 +0000

If you own both and have good amount of land maybe a subdivision might be an option if you dont want the back yard. Depending on what blocks of land are worth at the moment and whether you have enough land.
Regards Brett

Brett2 replied to the topic Anyone been to a Jenman seminar? in the forum No Subject

Sat, 13 Sep 2003 06:04:15 +0000

I believe you get what you pay for as steve says these free seminars can be very dangerous with their information. From what i know of jenman is that is against sertain investments. in my opinion i wouldnt go but it is your desicion. (you would learn more on this forum.)
Brett

Brett2 replied to the topic Finance Question regarding HELOC/Mortgage in the forum The Treasure Chest

Fri, 12 Sep 2003 23:58:04 +0000

I have recently brought an investment property using the equity in my home so that all i had to come up with was the $1000 deposit for the agent. The only flaw against having your home tied in with your investment property is if you fail payments on either property the bank can take both properties from you to get back what they are owed. (this is…[Read more]

Brett2 replied to the topic Finance Question regarding HELOC/Mortgage in the forum No Subject

Fri, 12 Sep 2003 23:57:17 +0000

Brett2 replied to the topic Fathers Day competition in the forum The Treasure Chest

Mon, 08 Sep 2003 06:31:02 +0000

Dear Aussierouge,
I have a baby due oct 28 have been through every baby book and cant think of any boys names that we both want. we agreed on a girls name straight away. (we dont know what we are having kept it as a surprise) Any sugestions would be helpful or baby name sights.
Regards Brett

Brett2 replied to the topic richmastery in the forum The Treasure Chest

Thu, 04 Sep 2003 10:27:43 +0000

i dont understand why so many people like jenman. Is he an investor? Not that i am aware of He is an agent. which is who he pays out. Listening to him about investing is like asking a bricklayer how to bake a cake.
Brett

Brett2 replied to the topic need advice on slightly unrelated ventures! in the forum No Subject

Wed, 03 Sep 2003 10:14:15 +0000

I was involved in a network market company for a while i realy liked the product but the people kept pushing me to sell it and buy more in the end i just got out of it. Piramid schemes tend not to have any products to sell where network marketing is just selling a product or in my instance it is all about selling the business not the product.
brett

Brett2 replied to the topic How old are you?? in the forum The Treasure Chest

Wed, 03 Sep 2003 09:41:45 +0000

high victoria I am only 24 and have 2 ips it helped that i was working 2 jobs and living at home until i was 22 saved alot of money. i brought my 1st property earlier this year only a cheapy but a very good experience.

Brett2 replied to the topic My "Wheelbarrow" (Time Value of Money) in the forum No Subject

Wed, 03 Sep 2003 09:28:19 +0000

All looks gd. I dont think you should worry about interest rates going back over 10 the econnemy cant afford it i think if you budget up to about 8.5 you should be pretty safe (this is only my opinion) all my calculations are based on 8.5% interest if i cant afford it with all my loans at 8.5% i wont buy it or i will find a bigger deposit.
brett

Brett2 replied to the topic How many IPS do you have ? in the forum The Treasure Chest

Wed, 03 Sep 2003 09:07:58 +0000

I have 2 properties 1 +ve geared which payes of the other wone which is in a good capital growth area and i heard that interest rates stayed the same 15month in a row. Not bad
Brett

Brett2 replied to the topic What's your profession? in the forum The Treasure Chest

Tue, 02 Sep 2003 11:37:51 +0000

I had no idea what i wanted to do appart from investing so i decided to become a real estate agent to get a better understanding of real estate.
Brett

Brett2 replied to the topic what is a good salary these days? in the forum No Subject

Tue, 02 Sep 2003 11:24:38 +0000

I am on a commision bassed wage so it changes from month to month being a real estate agent. And am expecting my first baby due 28th oct cant wait. But i survive well and can invest on less than 40k at the moment. I just work on a min amount what i earn over that goes in to investing.
Brett

Brett2 replied to the topic Is my agent is trying to screw me? I need advice in the forum The Treasure Chest

Mon, 01 Sep 2003 12:08:54 +0000

i am a real estate agent (one of the good ones) The answer to the question is that a vendor can have as many contracts offered to him as he wants and then choses which one is the best. The agent can then get all the purchasers to put in their best and final offer. Unfortunately until the contract is signed by both parties it is not valid. And it…[Read more]

Brett2 replied to the topic How to find honest Real Estate Agents? in the forum No Subject

Mon, 01 Sep 2003 11:47:17 +0000

Hope i am not insulting anyone but i am from adel and have had a bit to do with the jenman system neils creation. I believe that he is the biggest crook of them all. I have had a lot better responses from some smaller agents they tend to want to work with the buyers more. if you want to sell go through the bigger agents because they are better…[Read more]

Brett2 replied to the topic Reno Kings in the forum No Subject

Mon, 01 Sep 2003 11:33:41 +0000

Thanks dell, What was steves seminar like? cost? and what did it involve? I realy enjoyed the reno kings aswell but i just dont have the time at the moment to do renos with a full time job and a baby on the way. But i have brought a property using what i learnt and plan to renovate it down the track at the moment the tenant is happy so i dont wont…[Read more]