Hi Matt welcome aboard []

This site is a great wealth of knowledge and I am sure you will pick up a great deal from discussions with other like-minded people.

Regards,
Brett

As discussed the options are relatively straight forward:

1. Spend a small % of your cashflow on getting proffesional property management so that you have more time to look for bigger and better deals.

2. Manage the properties yourself, increase your cashflow a little bit but spend more time dealing with tennants, problems, learning how to…[Read more]

Hi John,

This is a situation I will find myself in a bit later once I make my first purchase. My personal view is that time is your most valuable asset. By buying the services of a property manager you are infact buying yourself time that would otherwise be spent dealing with the tenant, fixing toilets etc..etc.. If you get a property manager,…[Read more]

Hi Monty

This sounds like something a tax accountant could help you with. Do you know one or have one as part of your investment ‘team’ yet? If you dont I would STRONGLY recommend doing so as he will be one of your most valuable members in minimising your tax liability. If you already have one, have you consulted him regarding your…[Read more]

Thanks very mucn Lance and Sooshie the information has helped.

Regards,
Brett

quote:
I want to ask, risky for whom? The investor or vendor financier or the wrappee? The answer to the question depends on your clarifying answer.

Hi Sooshie []

My presumption is that the reason someone is coming to you to buy the property and accept financing from you (at a slightly higher rate than normal) is because the person cant get…[Read more]

Hi Steve

From what I can tell the website looks very sleek and well put together (I do web design myself), so good work there. []

My suggestions for ‘improvement’..

1. Forum Contributions
Jeff Rosales brought up some excellent points concerning the value of contributions made to the forum. Admittedly this isnt something which can be directly…[Read more]