Total Members: 158,534

dalefreo

  • dalefreo replied to the topic Conference 2017 in the forum Heads Up! 6 years, 8 months ago

    It was a great 2017 conference. I got what I need to move my investing to the next level. It was so inspiring to hear Lisa and Cherie, two motivating and successful Australian business women.
    Dale

  • dalefreo changed their profile picture 7 years, 11 months ago

  • dalefreo changed their profile picture 7 years, 11 months ago

  • dalefreo replied to the topic What Attendees Thought Of The 2016 Millionaire Mega Conference in the forum Heads Up! 7 years, 11 months ago

    Hi Steve

    I loved this year’s conference. They are always “must attend events” for me, and this year I got lots out of hearing for the first time speakers such as Daniel Flynn (what an inspiration) and Daniel Gibbs (he is one smart guy). They both opened my eyes to new possibilities for myself.

    Many thanks to you and all the team for making it…[Read more]

  • dalefreo started the topic Construction Contract Granny Flat NSW in the forum Legal & Accounting 9 years, 1 month ago

    Hi Everyone

    I am contract stage for a granny flat we are having built in NSW.

    The builder has included a couple of things I would like to push back on. Any recent experience from people who have built granny flats in NSW would be appreciated.

    1. Delay damages $1 per working day (that’s cheap for him but expensive for us, the loan still has to…[Read more]

  • dalefreo replied to the topic WOW Mega Property Investing Conference. Best Ever in the forum Heads Up! 12 years, 11 months ago

    And so is Simon Buckingham, Brendan Kelly and Dean & Elise Parker.

  • The ticket has been claimed by Nora from the Results program – she was the 1st person to make direct contact with me on my mobile.Have a great time Nora and everyone else attend the 3 Day Mega Event.Dale

  • dalefreo replied to the topic Property Market Hotting Up in the forum General Property 16 years, 10 months ago

    Sydney Inner WestI attended an auction of a 1 bed unit, no parking, art deco building, advertised at $350+, went for $433k. I was a bit shocked and thought it was overpriced. 2bed house advertised at 550+ auctioned for $680k. Knock me over with a feather.Dale

  • dalefreo replied to the topic Power Account in the forum General Property 17 years, 10 months ago

    Tennat pays. Tennant has connected the power in their name. If this is not the case get it sorted out now. They connect the power and disconnect it with the poer supplier when they leave. All liabilities are the tennants.

    Dale

  • dalefreo replied to the topic 11 Second Solution – Mach 2 in the forum No Subject 17 years, 11 months ago

    Steve always was looking at Cash on Cash return – how much cashflow in compared to personal cash required to put into the deal. The resulting percentage can then be comapred to current rates elsewhere e.g. bank, stock market.
    Derek has got the idea – to get cash flow pos requires value adding.

    Dale

  • dalefreo replied to the topic which way do we go in the forum Help Needed! 17 years, 11 months ago

    Hello bewildered

    What is it you want and what was it you wanted in the first place from this deal.
    If it is money, is there currently money in it if you go ahead.
    If you sell do you make money.
    Perhaps this is an opportunity to turn a negative situation into a positive one so that you ultimatley feel good about it.

    Dale

  • dalefreo replied to the topic Help with newbies first IP in the forum Help Needed! 17 years, 11 months ago

    Hello New Collector

    Good on you for taking the first steps, and for asking for some tips.

    I take it you are looking for a cash flow positive property where the rent brings in more than the expenses. It is very hard to find these in the current market. Basically you are looking for a rent return of 10.4%pa. So a rent of $250 pw to be cash flow…[Read more]

  • dalefreo replied to the topic Project Management in the forum Help Needed! 17 years, 11 months ago

    I use excel spreadsheets and an exercise book for each property in which I keep everything.

    Simple, cheap, works.

    Dale

  • dalefreo replied to the topic Agent finds tenant, you not impressed in the forum Help Needed! 17 years, 11 months ago

    I have a manging agent who always provides me references from past landlords and work history of prospective tennants. He interviews them and provides me feedback from which I make a choice. I never personally meet my tennants, that’s the managing agent’s job.

    Dale

  • dalefreo replied to the topic Help needed in the forum Help Needed! 17 years, 11 months ago

    Hello vishi

    Whilst I can’t recommend builders in your area what I have done in the past is noted down the builder’s name from the front of other building developments in the areas I have been interested in, and given them a ring. Plus I had a good look at what they were building, from the street. Watching the project from the street does give a…[Read more]

  • dalefreo replied to the topic What are those baby boomers going to do? in the forum General Property 17 years, 11 months ago

    The baby boomers have already started the sea change and tree change phenomenom and lots changes that we are in the middle of.

    So to those people worrying about what effect the baby boomers will have, stop worrying, you have been living it anyway.

    Dale

  • dalefreo replied to the topic Mission Statement in the forum General Property 17 years, 11 months ago

    Love your mission statement. Very inspiring. I am going to write one of my own now.

    Dale

  • dalefreo replied to the topic networking and goals in the forum Heads Up! 17 years, 12 months ago

    Hello Dreamscape

    There is a dedicated area for you to post your questions. It is labelled under RESULTS in the Forums section. You will find there are meetings noted there and lots of other networking opportunities for all the RESULTS 2 participants.

    Dale

  • dalefreo replied to the topic Reno Strategy – good for any time of the cyle? in the forum No Subject 18 years ago

    In the current east coast market reno’s are working. It is a market still to hit bottom. WA and boom? Do you need to value add in a boom? Maybe a coat of paint? Hitting the top of the boom? If you think you are near the top it might be time to look at another market or just hold off for a bit.

    Dale

  • dalefreo replied to the topic 3 IP options: Advice needed in the forum Help Needed! 18 years ago

    What do you think of the deals? What are the Cash on cash returns? What are the gross returns? The areas don’t matter, the numbers do.

    Dale

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dalefreo

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