Total Members: 158,626

Faulty by nature

  • Faulty by nature replied to the topic Centerlink in the forum Opinionated! 16 years, 4 months ago

    if you are looking for a safe rental income then i would have to recommend the group that rents my property, Homes North. they are a goverment funded, non-profit group that rent to non-rentables, meaning people that have either not paid rent or have damaged there other properties and no one will rent to them any more. sounds pretty scary i know…[Read more]

  • Faulty by nature replied to the topic Young couple, new to investing. Need advice please in the forum Help Needed! 16 years, 4 months ago

    helloit is all about balance, if you cant sleep at night due to worry then buy something cheaper, as long as you make a start you will build confidence with time.

  • Faulty by nature replied to the topic How would you invest $1 million in property? in the forum Creative Investing 16 years, 4 months ago

    Hi, this is someone else's idea but i will forward it.If you have some good negative geared properties for around $350k with good CG, then buy  2 of them, work out how much money they will be taking out of your pocket, and get a small line of credit that will cover the loss for 3-4 years. By doing this your CG wll out ran your losses by a fair b…[Read more]

  • sounds great Jason  (Mid east QLD)[email protected]

  • Faulty by nature replied to the topic unit trust in the forum Legal & Accounting 16 years, 7 months ago

    hi all,well since i have never heard of a unit trust before i would like to know everything, how they work with property, how they share risk, what is needed to start one and how much will it cost to keep it (running costs). ?????surely there has to be some kind of infomation out there on these, how does anyone learn about them.brain fart, p…[Read more]

  • Faulty by nature replied to the topic Newly Wed young couple seeking advice. in the forum Help Needed! 16 years, 7 months ago

    GetRichOrDieTrying,if you have plans on buying a property to live in within 2 years why not just save as much as you can in the place you are in right now, by the time you buy a place, pay all the fees and charges and mortgage repayments you will be worst of then if you just saved the difference between your rent and your future mortgage…[Read more]

  • Faulty by nature replied to the topic Not Enough Deductible Debt in the forum Help Needed! 16 years, 7 months ago

    hi there,i heard of this from a friend so not to sure if it will work or not but some one here should be able to correct me if i wrong.depending on who pays the most tax you or your wife buys the other person out of the IP, putting it in there name only, then use the cash to pay down your PPOR.the person who did this was in NSW so different laws…[Read more]

  • Faulty by nature replied to the topic How to estimate current property value in the forum Help Needed! 16 years, 7 months ago

    hi there,what i did was get on to real estate.com and lookied up previous sales in the area and that gave me a good indication.

  • Faulty by nature replied to the topic Renovating smaller properties for smaller profits? in the forum Help Needed! 16 years, 8 months ago

    bronte,Have you ever thought about gettig a financal backer ? ths is a person who can see you have a reno gold mine and will pay for the reno's to be done and take there upfront money as well as a large chunk of the profits, but you will not loss anything.what i would do if i was you would be to grab the phone book and start calling builders in…[Read more]

  • Faulty by nature replied to the topic no deposit purchases in the forum is buying a house no money 16 years, 8 months ago

    is buying a house no money of your own really that hard?

  • Faulty by nature replied to the topic Investing with friends – legal document? in the forum hi,
    google “pod property”
    16 years, 8 months ago

    hi,google "pod property"  they have done up the documents just that, for a fee of about $350.

  • Faulty by nature replied to the topic Investing in Texas US of A in the forum Overseas Deals 16 years, 8 months ago

    hi there,for your legals under a JV , i was told about  pod property, and it seems to be a pretty good set up when it comes to JV contracts, they will try and sell you there loans and other services but they may be just what your looking for. i think they work on a house by house bases.just google pod property and you'll find them

  • Faulty by nature replied to the topic Like pinning a tail on the donkey… in the forum Help Needed! 16 years, 8 months ago

     hi all,in your situation were you want to buy a property, so it up and sell in your local area and the market is at it's high point then my view would be to start looking but don't buy until you are sure it will work. the saying "the best time to buy property is now" is true but the rest of the saying is "somewhere" so if you do want to buy in…[Read more]

  • Faulty by nature replied to the topic Bizzare Strategies of Investing in the forum Help Needed! 16 years, 8 months ago

    contrarian,thats just straight up nasty, just a question for your self, how big are your horns? the way your headed you'll be a defences lawyer very soon. i must of meet your clan buddy the other day cause he said to me "if you want to get ahead in life, the only way to do it is to take out life insurance on a homeless bum then ran him over and…[Read more]

  • Faulty by nature replied to the topic Positive Cash Flow Properties in the forum i have to disagree with your 16 years, 8 months ago

    i have to disagree with your comment about "there are no +ve properties" i am a first time investor and within 2 days i found 3 +ve geared properties. and that is at 95% LVR and if i dropped it to 80% like steve says there are loads of them but if you want +ve geared you might have to give up CG for a few years. A lot of people say thet they read…[Read more]

  • Faulty by nature replied to the topic WHAT DO I DO NOW!!! in the forum Help Needed! 16 years, 8 months ago

    hi all,i have been saving for a year or so and saved up about $12k, i have put down 5% deposit, or $4,400 plus all legals buying costs of around $5,000. budget of $10,000 covered it. i offered $82,000 and when they refused i asked for the rent on the lease to be increased by $5 after 6mths so it would cover the increase to $88,000 (or at least clo…[Read more]

  • Faulty by nature replied to the topic A Fresh Start – Advice Needed in the forum Help Needed! 16 years, 8 months ago

    if i was in your shoes i would buy 3 properties in neat areas, for around $200k each, only paying them down till they are just -ve geared ($100-$200/yr) and just sit back and let them grow and just keep doing your jobs and living your life. if you can save up $70k and have about $90k in equity, and not made a move already you must be happy with l…[Read more]

  • Faulty by nature replied to the topic group investing or JV in the forum Creative Investing 16 years, 8 months ago

    emmajane06thank you it is just what i have been looking for!

  • Faulty by nature replied to the topic Brisbane suburbs in the forum Help Needed! 16 years, 9 months ago

     springwood and roachdale were the two areas i looked at and both had a strong growth history

  •  hi there,just one question,  Why sell?

  • Load More

Faulty by nature

Step 1 - 0% Complete

Fill Out Your Member Profile Below

Fill in the required fields below to complete your registration.

Registration not only grants you full access to this website, but will also enable us to send you our newsletter, latest investor tips, strategies and information about events/products relevant to investors. You can opt out at any time.

Used to log in to the website and for targeting with messages. Alphanumeric characters only. No spaces allowed..

Member Login
Lost your password?
×
158,626

Register Free To Unlock Unrestricted Access To PropertyInvesting.com

×
1-Day Millionaire Mastermind Workshop - Only LIVE Training in 2019!