Hi Benny,

This is the key, “On the other hand, we know that other neighbours) have been able to do this in the past.”

Freedom of information laws will allow you to access exactly how they did it and who helped them in terms of professionals. Apply through council.

It will cost you the cost of photocopies.

Once you have the info then look for…[Read more]

Se7en – just wondering is this a project home builder or are you having builders quote on a design of yours that you have submitted to your local council and received approvals on etc.

Hi Burrito – having read through the thread there is just one thing I wanted to ad. Buying one property is not really a valid strategy. Nigel has been on the forum for many many years like myself so perhaps have a chat to him about non recourse borrowing. There is little point buying just one home.

It would be good to consider strategies to build…[Read more]

Hi – as the others have said that is a very difficult question to answer and will depend on so many factors.

* Just an important note – at least I think it is. Is it a design that you have used before or are you looking for them to develop the concept for you.
* Are they going to release the dwg files.
* Get something in writing that the concept…[Read more]

Private lending would be an option at 60% LVR if you are really serious about it or higher on a second mortgage basis. There is a better way to go about it though.

Expect to pay at least 10% PA on a first mortgage basis for private. There are still lots and lots of low doc loans around outside of the major lenders using 6 months business income…[Read more]

Simon,

Superfund? Have you considered if the combined balance of your current funds will let you leverage into an investment property through a Self Managed Super Fund. You mentioned "maxed out" so it looks like you have a concern about your current income supporting borrowings. Something to think about. You could also structure something like an…[Read more]

Agreed it keeps us busy  – currently doing 7 property portfolio with 4 cross coll to a major with those 4 in 5 different security combinations with numerous facilities.  Pretty common. Just curious Roxy how did the broker position that structure to you. Was there a reason?

Hi _ do you have any further information. What are your goals? Upfront valuations will determine your true equity position and this will be a good starting point. However, we will need to know the income side of the equation to have a look your ability to leverage that equity into other investments

Suri – jump on the phone to your lawyer and get some help with the contract just as a start you are going to want:

Contract subject to finance

Time to get building tenders – turn key prices

Valuations as is an on completion

Others will have more to add to this list there is a lot to consider.

So working backwards you could ask a different question. Are you a buy hope and pray investor. If yes then these figures are very important. Hang on, or are they? Aren't they just record or historical data rather then predictors of future growth. To work out what is going to happen in the future you will have to do buckets of research and then do…[Read more]

There is a saying people use, "shoot the dogs" in your portfolio.  I agree that no-one can make the decision for you and maybe half the battle will be working out which concerns are emotional and which are financial. Get out your excel spreadsheets and crunch away.  Are your repayments greater than $320 per week? Is it the property or other…[Read more]

HI jmsrachel – dare i say it – stop watching ACA and read a book or download an audio book and listen to it. ACA would be about as productive for you as listening to talkback radio. Please don't hate on me ray hadley fans.

Just my opinion but the key is to learn and grow – it is great to follow as long as you don't find yourself becoming a disciple of any particular person. Personally, I have paid for and read many books and attended many courses and no one idea is any better than the other.

Well done.  You really will have to get a J.O.B to get things off the ground. If you are lucky try and find something in a related field where you can earn as well as learn.

Use the Pm – leverage their time and it is worth every penny. Good to see they are taking it on at this late stage too.

Have a look at what the large international companies and large Australia grocery companies are doing. If they are building new supermarket and hardware store than someone has already do the risk analysis of the effect of the bypass for you.

There is a term often used, "never try and catch a falling sword." There is no need to try and pick the bottom of market. Above all this story reminds me just how lucky we are here in Australia.