Forum Replies Created
Conference 2016 was great. Terrific training ground for everyone, whether new to investing or a seasoned investor.
The presenters were terrific and I was able to gain some insight from every session. A good mixture of technical
and mindset this year. Certainly helped me with perspective on my current and future position. I would recommend
the conference next year to anyone who is thinking about it but has not yet attended the annual conference with Steve.JULES1
Email MeWhy not cut off the overhanging branches
JULES1
Email MeInterested also to know why you are selling it and why so cheaply. Did you finish the course?
JULES1
Email MeHi Ben
I was talking about the process of finding one in Melbourne & Geelong
JuleJULES1
Email MeHi Sam
Wondering if you still have it how much do you want for it
regards
JuleJULES1
Email MeGreat thanks
JULES1
Email MeGreat thankyou. I thought I had to do something like that
cheersJULES1
Email MeWhoops Corey. Just noticed the date of your post. I guess you have your templates by now. Sorry just ignore my previous post.
JULES1
Email MeCorey. You have made the mistake of buying your computer after the Results Program completed. You handed over thousands of dollars for the course, and did not think about purchasing your computer to help you through the course???
Actually I also thought that once you joined the Results Program, you had access to their Website forums, for as long as you want. But unfortunately once the program completes, you are no longer part of that Community, even for the forums part of it.
But Please do not spent thousands more for the Graduate Program, just to get hold of some templates.Can I make a suggestion, Why don't you call your ex-coach and tell him your mistake. He may be able to arrange to give you access to the website for a day or so, to enable you to download your templates and webinars yourself. That seems like a fair compromise to me. I can't believe the Results Team just suggested you go into the Graduate Program for Thousands of Dollars, just to get Templates. Surely they are not that heartless. Otherwise don't fear not having them. Your Accountant should be able to work up some templates for you for your circumstances without any problems at all. They are just template spreadsheets aren't they. eg rentals, buy and hold, renos etc. Your Accountant would understand what you need and can tailor something for you.
Hope this helps if you don't hear from your RP5 people
cheersJULES1
Email MeHi Mike
I just want to thankyou on this forum for your kind offer. Thankyou so much for the report. Wow what a great report. It gives me a reasonable range within which to operate.
I am so pleased to see one of these reports.. I could not have done so without your help in this way. Its just too expensive to go it alone. Not many people would make this sort of thing available to everyone, and also I appreciate you putting your own time into helping others.
Regards
JulesJULES1
Email MeHi
I logged onto your site and the video has been deleted. Like to commentregards
JulesJULES1
Email MeHi
I think a carpark investment sounds like a great idea. This is one thing I wish I had done years ago. If your spot is in the city area in Sydney then how can you go wrong. Just make sure its in a good position and easily accessible and you can get it for a reasonable price. Thats my view anyway. If you have investments in Property theres no rule that says you can't make money in some other way.
Good Luck
Jules
JULES1
Email MeHi I am certainly not an expert on this but may have a couple of points of interest for you
Re inspections: I think that it may be pretty standard that there is an inspection at 3 months and then at 6 months and then every 6 months thereafter, and I think you have a choice as to whether you attend each of the inspections.
Re advertising: some managers prefer to have open days where any interested prospective tennants can come through the property to inspect it, other property managers do inspections as they find prospective clients for your property. Be sure to ask the property manager whether they attend the property with the prospective tennant or provide the key to the party and let them inspect your property on their own. I would definitely not allow that.
Re emergency works: ensure you arrange with the property manager that you will only allow them to engage trades people to carry out work up to a certain value, without them having to have prior approval from you. For example, You may let them control works orders up to say $400 but if the amount is above that, you may want the property manager to contact you first to obtain approval to have the work carried out.
Re funds: you want to establish when and how you receive your rental income payments and management reports. Will you be asking for rent on a weekly, fortnightly or monthly basis.
Hope this contributes somewhat to your question
JulesJULES1
Email MePersonally I would prefer the front unit, because the other units are linked in one way or another.
Unit one is on its own. There would be three issues I would think about. 1) how busy is the road. If its reasonably quiet then that is a plus factor, 2) is unit one separate to the other units, and it is so thats a plus. 3) does the traffic to the other units go past unit one. If so that could be annoying to some tennants. But that said, I used to live in a small block of units on a reasonably quiet road, and I was in the front unit. The only issue for me was the noise of the traffic going to the other units, but it was only in the morning and at night when everyone was going to and coming home from work. I definitely preferred living in the front unit irrespective of the noise. Its like having your own place, rather than sharing a block with other unit dwellers
So my advice is go for unit one on the front street. Hope this helps
JulesJULES1
Email MeThanks for your comments JL
.
It seems to be the same with all roofing companies. I have never struck it before with other trades. But I have obtained quotes from a few roofing companies and they are all the same. What I was worried about was signing and then not being able to withhold any payments if they don't do the job as they should or if they don;t finish the job.Anyway I appreciate your comment
JulesJULES1
Email MeHi McNatt
I have a situation where a recent storm caused damage on the roof and gutters which resulted in flooding in the house and I lost some of the carpet as well. The insurance company will not pay up for any damage on the roof, gutters, or inside the house. Insurance Companies!!!! – we have been paying for 30 years and getting nothing from them. Obviously I will not be renewing with that insurance company when the insurance contract expires.So in your circumstance, I would suggest that you are on site when the insurance rep comes out to assess the damage, just to show a prescence and to try to get the assessor to be at the very least – reasonable in his/her assessment.
Best of luck with it
JulesJULES1
Email MeI hear its a great program and splitting the costs with someone would be a great bonus to all of the great things we will be learning.
JULES1
Email MeHiredGoon. You sound like you are living up to your namesake. GET REAL mate
The Landlord owns the property, and has every right to choose as wisely as possible to reduce any risk.
You obviously have not been in a position where your life savings have been invested in a property where
tenants have wrecked the place. And having been a tenant for most of my life, I would not care if
a landlord checked the database for any negative history on me. I have always looked after properties
that I have rented. Unlike some people.Good on you bendbanks for providing us with this information.
Jules1
JULES1
Email MeNonnie
if they actually help you with assessing the property that you are selecting then I think that is a great help. Although you do have to be mindful that you and not the consultant, is making the final decision of to buy or not to buy.
Having someone to help you assess your selection sounds great to me.
I think I would be seriously considering the Destinty package.
cheers
JulesJULES1
Email MeBendbanks
The tenants from hell are one thing that worries me. If I could check a database then that would ease my concerns.
how does it work? Do you have to be a member of these websites or do they charge one off fees?
How does a private landlord get to use the databases?
JulesJULES1
Email Me
