ryan mclean wrote:
Working for yourself is definately rewarding. I love working for myself. If you are smart it can also offer you a lot of freedom. I work about 2 days per week most weeks. One thing to be careful of. I was confused whether your business was in real estate or whether you were starting your own business and then investing in real…[Read more]

pinkboy wrote:
Working for yourself is extremely rewarding.  My wife and I are your age, though we have run our own buisness for the past 4 years.  I started completly from scratch and had to work from the ground up.  I wouldnt say we are on cloud 9, but probably at cruising altitude.  I would suggest though having something to fall back on, or…[Read more]

PaulDobson wrote:
Hi JohannWe did use any of the stataegies you mentioned but we did commence a part time, vendor finance business in 2003.  My wife Karen work it full time and I ended up keeping my job until early last year.  We could have doen it fatster but the end result has been great, i.e. we both now work in our business full time and l…[Read more]

keiko wrote:
Just curios you say you have no other debt and you have no savings and you are going to save $30k within a year and your combined income is $140kWhat do you do with $140k each year? thats $2,700 a week why don't you try save triple what you had in mind. you will be suprised on how little you can live on

Hi, Thats 140k Gross not…[Read more]

Qlds007 wrote:
Dont use it as security for the new PPOR otherwise you will have a further case of Cross Collateralising the 2 loans.Both loans need to be standalone.Suprised the broker set up a PPOR without Offset A/c or infact not being IO.

Hi Richard, Both loans will be standalone. The reason why we didnt have IO at the start was becasue we…[Read more]

Qlds007 wrote:
JohannYou say you are planning to live in the current property for 3 Years. After this time what will you do – buy another PPOR ?If you are not sure then i would be looking to switch the loan to an interest only loan immediately and linking it to a 100% offset A/c.Last thing you want to do is pay down the debt only to decide to…[Read more]

YoungInvestor wrote:
Johan, Do you live in Point Cook by any chance?

Hey i live in Deer Park but i work in real estate around Point cook and Werribee what about you?

I agree with YI.A bit of hard work, dedication and most important sacrafice is the key to sucess.i bought my first IP at 21 when i was only earning 38k a year. At 25 i have three properties in total, two properties which are IP's and another property which i live in. I just sold one of my IP and made a nice profit after capital gains. As of today…[Read more]

Hi Brett,I work for a real estate firm. I always encourage my purhcaser to go to there local solictor and confirm and doubts you may have.If you have a  feeling that the VAL wont stack up then your probaly allready thinking that the house is over priced?To cover your butt "You can present a offer to the agent by law he must go the the vendor and…[Read more]

peterpith Hi it is located West of Melbourne……There is a possible chance  of subviding as well.cheers

Hey guys yes i am an agent but im  allowed to sell my home privatley.

I agree with Wanelad, I bought a property of a person who was looking for a quick sale due to them loosing there jobs "etc" in a good area and a very good price. I work in real estate one advice that i can give the property market is going to do some funny things in the next couple of months.There are alot of homes on the market whch are not…[Read more]

Im an agent in Melbourneif yous have buyers or sells we can work some thing out

Hi I work for an agency in werribee. I have never used trevor homes my self but i know alot of people who have and there great. I have heard nothing bad about trevor homes in the area and there starting to become a well known builder around the area.In terms of permit cost "etc" just go through the paper work with a conveyancer. If you need…[Read more]

Thanks guyslooks like i got alot of research to dowish me luck

Thanks for the adviceI will wait untill late October and see how the market pans out.Cant wait this year has been so postive thanks guys

Hi,Thanks for that advice. My gut feeling was saying the same thing. I guess maybe after october i will start looking for another property. thanks Cheers

Thanks Guys…I think i might just pump as much cash into IP to and once i bring the loan down il re finance.Shoud be allright.thanks GuysHave a good weekend

Hi voraproperties I agree with the melton price. It is to much the median price in Melton is alot lower and what you have been quoted is to much. I work for a firm called Hocking Stuart in Werribee.At the moment we are expericing a high demand of people to rent down this area and the prices of the houses are fairly fair.Please fill free to…[Read more]

Terryw wrote:
Hi JohanNope, i am in Sydney.

Hi Guys,Thanks for the advice in the next week or two i will contact you Terry, Can you PM your contact details if possible?cheers