If you are going to option trading in the property market based in Queensland you’ll need to have a 15% share of equity in the property that you’re looking at trading if you are doing more than six properties a year under the property developers license.

In other words you get 15% discount off the property. However I must highly s…[Read more]

Our thoughts is that is a good idea to ask these questions before placing a contract on the property. Properties to purchase are plentiful at the moment, here should really be no time pressure for a buyer to commit to anything at the moment since there is pretty much a stock standard deal. In Caboolture, north of Brisbane in…[Read more]

I am assuming that seminar was an evening one and not a weekend one. Even for an evening seminar that seems extremely low turnout For the Positive Real Estate Group. My experience of we are looking for a mentor is in the next week or so reading Steve McKnights book 0 to 130 properties and 3.5 years just so you can get a grasp on…[Read more]

If you looking at Queensland you might want to consider the Logan area (Woodridge, Kingston, Logan Central, Marsden, Crestmead and Slacks Creek etc.). You can pick up properties if you buy well around the $210,000 mark that will rent out for $310 to 320 per week.

Kind regards,

Jason Moore & Sherry Ortiz

Welcome to the forum and great to see you are going to give it a go. My experience share with you a couple of interesting points you might want to consider:

1. Asking for a Mentor… Excellent first step in getting started in property. Just make sure the mentor has the credentials and CURRENT experience and property investing. If…[Read more]

Please find the following meet up groups in Brisbane that you can attend that are all about property…[Read more]

We are currently in the process of getting a website built, therefore the best way of getting information is probably through our Facebook fan page. I did receive your e-mail today and respond to it tomorrow for you.

Kind regards,

Jason Moore and Sherry Ortiz

Like other commentators, my major concern would be with try to find a contractor who will fix the issue at a reasonable price (and I don’t think there is a reasonable price in a mining town compared to that of a major city) that would not eat up your profits from the property.

That is my half a cent worth.

Regards,

Jason Moore…[Read more]

We are located in Brisbane, some of the things you could think about would be the following:

1. If that $400,000 was hard cold cash or superannuation and you were looking at a passive way of investing your money you could look at becoming a private money lender (Private Banker) where you would receive about 12% for the use of your money…[Read more]

What are you actually looking to do with the use of an option as there are a number of different strategies that you can use them for such as vendor finance, development approvals or flipping properties.

We are using them to flip properties, as we get a property under option to say $300,000, you can on sell your option to purchase the…[Read more]

As some people have posted on this thread already, rather than asking for the best suburb to invest in. In my experience, it might be prudent to understand and educate yourself on what are the key success factors to consider when selecting an appropriate investment property. Therefore by doing this you can compare each suburb and…[Read more]