Thanks for the advice Corey
I am the middle option (fixed hourly rate with no guaranteed hours, paid to a TFN as an employee NOT an ABN).
I am basically a freelancer. Can your company help me out in this situation, if so what do i need to provide as a starting point.
Currently have a loan with St George bank for $375k on a 2 bed unit in Carlton-NSW and LOC for $73k.
I want to either upgrade to a house or sell up and invest elsewhere. Currently I am working on a contract/freelance basis and paid by a recruitment agency (Hays). When i approach the bank they want to see PAYG payslips from the…[Read more]
Currently find myself in the situation where i have access to $100k in credit and cash, but am unable to obtain a new loan due to me working as a contractor/freelancer (get paid weekly PAYG by Hays recruitment).
Have thought about buying a cheapie house in the country, maybe some land in a rising area, sub leasing, buy off the plan (not the…[Read more]
The Secrets out, shameless operator with absolutely no respect for hard working people who have given away their hard earned cash so that someone can tell them a bunch of
investing stories, whereby they blame the banks, brokers, builders, council, certifier, anyone but themselves.
Just to be clear when i say they, I mean HIM, most of his staff…[Read more]
Just an update to my tenant problem. Called an agent that I know and respect last week and got the ball rolling on getting a PM in place
for my IP.
EVERYONE gave me the same advice and have finally taken the appropriate steps, should get the paper work through by next week. Detaching myself from
the situation as best i can! never…[Read more]
Appreciate the responses. Have been thinking of a PM for a while now, as usual there is always something getting in the way (me).
I just found out they have been very sick and have been unable to work (so I've been told). Previously they paid in 4 week blocks to get back to square, but all to in-frequent and late.
Don't have LL insurance…[Read more]
bricman replied to the topic Melton, Brookfield is it a good long term area in Melbourne? in the forum Help Needed! 5 years, 7 months ago
Bought an IP in Melton South in 2008 for $200k, now worth $260 so say by the REA. The people who made money were the ones who bought at around $160k and sold quickly for around $220k a couple of years later. Agree it is not a worthwhile investment, will be selling early next year when my loan gets off fixed rate (another mistake i made).
Karkloof, sounds like you didn't get the finance they were offering!
As people will see i posted back in 2012 about this company. I had a terrible time dealing with them, well just the director really. Have heard that the media is getting interested in this companies activities again, and so they should. Like karkloof i know of agents and even…[Read more]
Hi BenWe bought it on Trading Post, cabin was in Newcastle, we are in Sydney so not too far to go.If you need more information on this PM me and i can give you more cost breakdowns etc,Golden rules for this type of projectCabin/GF 3.4m wide max, will go onto a flat bed with no police escort required.Side access at property 4.5m min, for the…[Read more]
HiMy creative project was at the end of last year and well not so creative as some suggestions on this forum, it was to me.We bought a relocatable cabin for $16k along with all the costs involved to install on my IP site (TOTAL $36k) and we rent it out currently for $200 p/w along with the main house. A dual occupation project.The creative part…[Read more]
Not sure if I have ever seen so many comments for a subject in such a short space of time. If this so called guru or proclaimed investor is not what he makes out to be then he deserve a blast from everyone on the forum, more to the point we should name and shame all these spruikers (not saying this guy def is) and create a comprehensive list of…[Read more]
Hi thereDepends on where you are in AustraliaFor quality and price there is Hi tech homes in Sydney – http://www.extechconstructions.com.auThere are a host of different options available, there seems to be a glut of cheap modular cabins being made in QLD and VIC,Illawara region there is http://www.isfhomes.com.auIn Vic there is ht…[Read more]
Hi everyone involved in the Property Secrets thread.I regret to say that i too fell for there scheme (for want of better name!) ended up going to fair trading and a host of other agenciesfor help about a loan that was not forthcoming.They basically promised me to get finance loan for the GF and then two months later (still waiting) when i got very…[Read more]
Hi DarenYeah Clifton is the double bay of Bristol, without the water and glam!Leigh woods would be expensive too, my Auntie lives in Bishopston which is a very nice and established area,Westbury-on-trym, Henleaze, Henbury, all those areas areas are very nice.Southmead has lots of council estates as does Lawrenece Weston to be avoided.I come from…[Read more]
Depends on where you go, if you go to London (central) it is full of Ozzies!!Lifestyle here in OZ is unquestionably better, no doubt about it. But if you are like many Ex pats the family card has a big draw on you, even if it is used an often overused cliche it has a lot of truth to it.I would love to find a way of combining two lifestyles but I…[Read more]
Don't be fooled by the news, the are just trying to sell bad stories and air time, was there not a collar bomb incident in Northern beaches area, my point is, there is good and bad everywhere.In regards to Western Sydney, it is affordable, good rental yields, and the demand for good rental properties is huge, and is also a growth area as listed by…[Read more]
Hi there,I have been doing some research to on the UK housing front and have found that the tenant pays the rates, and all outgoings.A friends of mine recently purchased a house in the UK using his Australian salary to secure the loan, there website is below, but only on a 75% LVR, which seems fair is you are buying in uncertain times!!If you are…[Read more]
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