CONGRATS,

Just remember a few things and obviously you are excited, see i am coming from the point of view that you are getting paid for your advice this….. just make sure its the right advice.

To many specific performance alarms are ringing so basically PROTECT yourself that is via disclaimers and express terms in your contract…[Read more]

regards Josh

mullet_man01@hotmail.com

THis is certantly food for thought, however could you please outline how it works as i have read the article but am unsure how it works….

Regards Josh[]

mullet_man01@hotmail.com

you might get some replies helping you however i offter my services at no cost, just email me with what help you need and i will reply normally that day or call 0433 121 899 i trust that you will call during normal business hours. I dont get anythign out of this so dont htink i am operating on a commision base… i am located in melbourne…[Read more]

Sure thats fine….

i would expect that..

regards Josh

mullet_man01@hotmail.com

congratulations on finding theswe properties thats great, hmm cant say im not green but i couldnt have done anythign myself [] but may i ask what area it was i am in no position to buy but i am interested in testing myself to find these properties and never no if i find more i could handball them to you (at no charge of course) its…[Read more]

a formula i learnt at uni in finance, looked like this

lets start with an example

interest is 6.05% p.a

weekely repayments = .0605/54 = .00116346

term of loan 30 yrs = 1560 payments

so here it goes…

^-1560 = to the power of negative 1560
[1-(1+.00116346)^-1560]/ .00116346
=.8370/.00116346
= 719.4059

then principle of loan (what…[Read more]

This seems to be a very important part that is things to look for…

I believe that its not a matter of picking an area and bang penetrating the market and finding x amoutn fo +ive cashflows, i believe there is an art form as to taking opportunities and changing those to make better situations i would blatently put it as keeping your…[Read more]

Hmm all this chat gets my mind going…. i know this sounds silly but the newest thing i found was advertising on you got it toilet seats i used to work at a night club and a drink company wont mention names where doing it and not that im saying buy toilet seats but i am saying that i am interested as to council developments of public…[Read more]

I am not informed of the market in nsw however i have been following vics market via statistical sources, and you are right it is harder to buy a positive cash flow however by implementing the core values form several books you can create a stratergy to find these positive cashflows.

However i think that by only searching in rural areas…[Read more]

Well i agree with alf…

I operate as a finder/spotter myself however i question still in schools logic as far as his method is concerned.If he/she reads this it would be great if still in school emails me at mullet_man01@hotmail.com regarding your method perhaps if we compare logic we can create a system of finding positive…[Read more]

hmm signed sealed and delivered means that done and done, however if this guy/gal is nice you might be able to counter offter with the changed terms, depending if the part of the contract you wish to change if it is a warranty(small part) or a condition(BIG part), but do seek legal advice before tryign anything. I doubt he will rescindt…[Read more]

Welcolm to the forum, im sure you will have millions of questions as i did and im sure everyone else had, some starting advice would be to make good use of the search tool in this forum as if you have a question on something chances are that people have already asked the same question so you may save yourself time and effort by…[Read more]

Residex has alot of information and has releases a new report regarding rental incomes on the eastern side of aus it does come at a price 220 buckaroos, maybe not so bad….

Oh Powmow i am interested in comparing a few things as you and i are in the same situation i.e students, your stding real estate? and you seem to be quite active in…[Read more]

Yeah i figured that i spoke to a few departments and found out they are dealt with via tenders to RE agencies

No good…

Good luck tho!

Regards Josh

mullet_man01@hotmail.com

It was easy enough to find out what the ‘e’ was but how about the others i searched through heaps of vic government sites and couldnt find out who they contract for property auctions…

hmm any help would be great!

Regards Josh

mullet_man01@hotmail.com

I HEAR YA im only 19 and my parents are my god so ignorrent to the fact that thier son could teach them a thing or too. As far as finance is concerned i have posted severel times regarding this and spoken to some mortage brokers to no avail, the main points drawn out of the conversations are saving plans for at least six months prior…[Read more]

I myself have not got any first hand experiance of offering but there are i believe a number of factors.

1) Is the sellers motivation allready covered before..

2) Costs to bring it up to scratch also covered before.

but… finally i think there needs to be a more formal system as far as an offter goes , i believe you will find this I…[Read more]

quote:
but lately it seems that “dutch auctions” are in fashion.

sorry dutch!?

thanks

regards Josh

Is that the lemon pack? the one reffered to in 0 – 130 for about $60

P.S Thanks i was sceptical as there is a great inspection checklist in anita bells property investment book, but it did lack in thenumber department.

Regards Josh

Thanks for your replies and i agree i think it is the marketing machine trying to bring out ‘all sorts’

Thanks

Regards Josh

The site doesnt work so type it in a new window and it will work and yes it is great

taralgon 95000 earning allready 130, and 95000 is the asking price it doesnt meet the 11 second rule but repayments would be around 105 dollars…. a good opportunity i think???

Regards Josh

I am located in patterson lakes about 15 km form frankston and decided to go and get some experiance so i went to frankston simple because i knew franksotn would be closer to my range of prices, so i investigated and found 3 great leads

however the main problem with frankston is the people which could make for risky…[Read more]

You will notice that normally the real estate sites are offten late behind updating thier site so if thier is theodd chance their is a +ive cash flow then its probably old y not go to your local area and visit some realestate agencies and just look browse gather information, a list i got yesterday produced 5 or 6 leads and i am only…[Read more]

I asked the same question a week ago to my luck found a great responce so if you go back a few pages it is called research methods and it tells you best ways to research adn to my memory it gives you some great links… Good luck

Josh

THANKS!![]

Could anyone suggest anything for a STUDENT tht is below 20 and is a casual employee. I have spoken to a mortgage broker whom was very helpfull however to my detriment i realised that i could in NO way get finance.

Would it help if my deposit…[Read more]

Like wise i wish i knew the right amount of preoperties but as my new found bible steve mcknights new book has advised i set a goal that yeah is outrageous but is feasible and as you should do too, that is set your goal, then figure how much passive income you wish to earn, and then how many homes you need in the time frame there is no simple…[Read more]