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garrymac

  • garrymac replied to the topic Making an offer in the forum Help Needed! 7 years, 9 months ago

    matthew.f wrote:
    Hi Garry,
    Thank you for your question… As the conjuncting agent their is no conflict of interest. I provide all the services that a buyers agent does, without the fee.

    Regards,

    Matthew Frost

    Mmmm, interesting answer Matthew. You’re still being paid by the Sales Agent who is paid by the seller. There seems to be a…[Read more]

  • Matthew, I have to ask…if you are paid by the selling agent, how are you working in the best interests of the buyer?

    Garry

  • garrymac replied to the topic Making an offer in the forum Help Needed! 7 years, 9 months ago

    Hi Simone

    I would be careful buying on a main road because you limit your market when re-selling – many folks will not buy on a main road. Also be careful of median prices as they only give an indication (a starting point). Medians tend to provide more information about what’s been selling rather than what a particular area’s property is…[Read more]

  • garrymac replied to the topic Sharing Tips- in the forum General Property 7 years, 9 months ago

    I can’t tell you the number of times our clients have been refused finance OR at least ‘put through the ringer’ by their existing financier when looking to grow their property portfolio.
    As long as you have completed your budget and are confident you can afford to continue investing, don’t give up. There is usually (if not always) a way to secure…[Read more]

  • Hi MJP

    Interesting question. My passion is (obviously) real estate therefore my answer is focused on property. I don’t need to speculate as to what I would do because I AM doing it…I can answer from my current ‘real-life’ situation.

    We (my business partner & I) are (after several pre-DA meetings with Council), submitting a Development…[Read more]

  • Hi Edmund

    There is little doubt that a good Mentor is invaluable. However I’m sure the folks on this forum will be happy to help.

    Given that your strategy focuses on strong cash flow, be careful to do the numbers – or if you’re inexperienced in terms of the calculations, have your accountant do them for you. There are many claims of ‘positive…[Read more]

  • garrymac replied to the topic Please Help in the forum Help Needed! 7 years, 10 months ago

    Hi Mat

    This is clearly a decision between ’emotion’ and investment’. If you’re goal is to ‘invest’ you need to remove the ’emotion’ from your decision. If not then make your decision based on lifestyle. Without knowing your personal situation, I would be taking the investment option BUT that’s based on my goals!

    Remember any normal (ie buy…[Read more]

  • My vote goes to ‘The Richest Man In Babylon’ (George S Clason). When you trul understand its content, there is no need to read anything else.

    Regards
    Garry

  • Hi Kehnan92

    We’re currently doing a couple of developments in Sydney’s western suburbs. Building and carpentry skills are certainly helpful BUT unnecessary. My best advice to you is not to rush things.

    Firstly, as with any investment, make sure your numbers stack up. When you’re ready, start by ‘cutting your teeth’ on a small investment – maybe…[Read more]

  • Hi all

    Great information… a very sincere thanks.

    I am currently looking at a couple of small developments: One with DA approved for a duplex pair in Sth East Qld (I purchased the site some time ago) AND another in western suburbs of Sydney – new homes with 6 month delay on settlement of land. The idea here is to sell for short-term (approx 6…[Read more]

  • Hi all

    Great information… a very sincere thanks.

    I am currently looking at a couple of small developments: One with DA approved for a duplex pair in Sth East Qld (I purchased the site some time ago) AND another in western suburbs of Sydney – new homes with 6 month delay on settlement of land. The idea here is to sell for short-term (approx 6…[Read more]

garrymac

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