[kateej03Participant@kateej03Join Date: 2011Post Count: 112]

June 1, 2012 - 5:27 am

Hi DJay,

I would recommend plantation shutters – they are fixed to the window frame so they can't be pulled and there are not cords either, the only problem is they are on the expensive side, but probably worth it so you don't have to change them again for a while.

Thanks,

Kate

[kateej03Participant@kateej03Join Date: 2011Post Count: 112]

June 1, 2012 - 5:24 am

Hi Steve,

We used Washington Brown who were very thorough – when we took it to our accountant he said they and another company are the only ones they would recommend, they are on the expensive side but I thinkit was worth it.

Thanks,

Kate

[kateej03Participant@kateej03Join Date: 2011Post Count: 112]

May 24, 2012 - 12:34 am

Sorry I forgot to say, another main reason we signed up is you can protect house you already have under your own name without paying stamp duty to transfer it to a trust.

[kateej03Participant@kateej03Join Date: 2011Post Count: 112]

May 24, 2012 - 12:20 am

While she is know for debt reduction, the product is more so about asset protection and that is why we signed up. She has a trust system that you can still buy property in your own name, but the property will still be protected. It can also be used for any possessions you own.

[kateej03Participant@kateej03Join Date: 2011Post Count: 112]

May 22, 2012 - 1:22 pm

Hi PropertyGuts,

We have seen her speak and purchased her product – she is very knowlegable and her product is one of a kind. Definately worth at least seeing what she has to offer.

Kate

[kateej03Participant@kateej03Join Date: 2011Post Count: 112]

May 8, 2012 - 4:38 am

Hi Sashatheman,

We were recently in the same boat as you – what we did is had the building inspection done as well as quotes for any work that needed to be fixed. We then went back to the vendor and said either you fix the structural issues or we reduce the price by the full amount of the quote. Legally they only have to fix the structural issues, but because we knew they wanted a quick sale they reduced the price by the quote amount so we could still settle on the same day. Maybe if you get quotes for the work and if it's more than you have already negotiated it could be the basis for further reduction.

Good luck!
Kate

[kateej03Participant@kateej03Join Date: 2011Post Count: 112]

April 14, 2012 - 8:14 am

Just an update – the sellers did not need to fix the other issues as the contract did not specify the house had to be in ‘working order’. So we put on our negotiating caps instead, we knew from their first offer they needed to keep the settlement date the same, so we said either they fix the $7500 problem themselves and delay settlement, or they take $16k off and settlement will stay the same. They went for the second option and we are very happy campers!

Thanks,

Kate

[kateej03Participant@kateej03Join Date: 2011Post Count: 112]

March 1, 2012 - 4:52 am

Hi Samuel,

Maybe you should think about buying something for a bit less – maybe an apartment? Have you thought about living in the property for a while so you don't have to pay stamp duty – you could also rent rooms to your friends to help with the repayments.

Also, I think you should start whenever you're ready – I bought my first at 19 and now I'm 21 and have nearly purchased my 3rd. It is good to take advise from people, especially those on this forum, however without taking risks you will get no where. At this age you really have nothing to lose so go for it!

Kate

[kateej03Participant@kateej03Join Date: 2011Post Count: 112]

February 17, 2012 - 12:24 am

Hi Matt,

It's in WA, the tenants have just signed a new fixed term lease while the house was on the market. It is tenanted by a company in a mining town so it's highly unlikely they will want to leave, I just wanted to double check in case.

I don't believe they are paying over market value, it's about the average for the town.

Kate

[kateej03Participant@kateej03Join Date: 2011Post Count: 112]

February 16, 2012 - 8:20 am

Yes definately want them to stay, they have just had an increase while the house has been on the market so very good returns.

Sounds like a good deal, were they paying under market value?

[kateej03Participant@kateej03Join Date: 2011Post Count: 112]

February 16, 2012 - 8:13 am

Thanks Jamie!!

[kateej03Participant@kateej03Join Date: 2011Post Count: 112]

January 30, 2012 - 7:17 am

Thanks Richard, I feel a lot better now!

We have only bought our PPOR last year and are renovating, we are getting it re-valued in the coming weeks to get another equity loan to buy another IP. We are full steam ahead this year!

Thanks

Kate

[kateej03Participant@kateej03Join Date: 2011Post Count: 112]

January 30, 2012 - 5:47 am

Thanks for that Richard.

We bought a property which we lived in and renovated and now it is being rented, we used the equity in this property to buy our new home. So we have three different loans, the equity loan was secured buy the first home and the main loan for the new house was with a different bank and I'm am 99% sure (without looking at the paperwork) it was secured with the new home. Does this sound ok to you?

Thanks,

Kate

[kateej03Participant@kateej03Join Date: 2011Post Count: 112]

January 24, 2012 - 12:19 am

Hi Guys,

So far I'm finding the course very informative and we are still only up to the goal setting/planning stage! I'm a bit behind because of xmas but catching up, Steve is really good he's been doing webinars each week corresponding to the sessions which give you even more information than what is in the content as well as examples and explanations. So haven't got into the nitty gritty of it yet but very informative and motivational

Kate

[kateej03Participant@kateej03Join Date: 2011Post Count: 112]

January 12, 2012 - 12:32 am

Hi Starsoid,

Have you thought about using the equity from your PPOR as a deposit for an IP? If you are doing a kitchen reno, depending on your situation you may add enough value to do this. Then you may be able to buy a more expensive place now instead of waiting to save for the deposit.

Kate

[kateej03Participant@kateej03Join Date: 2011Post Count: 112]

January 10, 2012 - 4:47 am

BradW wrote:

I have just invested in Derby, Western Australia. Inpex was proposed previously as being based there and as everyone knows this is now being piped to Darwin. Growth in Derby is still going strong based on Govt services that are being relocated and also the new 150 million dollar prison being constructed. My tip is if the state govt is moving resources there then others will follow. Government services are leasing 5yr plus 5yr options at an average of $1000/ week and still there is massive demand for houses/units. Derby still has the chatter about the deep water port at Point Torment that was pushed by the premier and knocked back by Inpex but with the issues at James Price Point near Broome is highlighting Point Torment as one of the favored locations after feasibility studies by the state and federal governments. There is also talk of relocating some defence infrastructure to protect the LNG resources in the Browse Basin. Curtin Detention centre is also a major contributor to the town economy and is still full of people seeking asylum. Ther Immigration Minister claims that Curtin will be the first detention centre to go however a 9 million dollar central kitchen has just been completed. Worth a look and for any investor wishing to take the risk in a mining/remote service town. Keep up the talk as it is great to hear everyone's thoughts. Brad

Hi Brad,

I've been looking in Derby for quite a while now and am definately going to buy something there within the next couple of months. Are you based in Perth? If so how did you find the process with the agents there? Is there anyone you would recommend to go through?

Thanks,

Kate

[kateej03Participant@kateej03Join Date: 2011Post Count: 112]

December 5, 2011 - 2:53 am

http://www.propertyinvestortraining.com.au/

[kateej03Participant@kateej03Join Date: 2011Post Count: 112]

December 1, 2011 - 5:05 am

Not a problem D. Have a look at this website it tells you a lot about the course

I believe you can sign up from this website too, I signed up at Steve's market update seminar.

He says that it is half an hour a day for 6 days a week over a year to finish or you can do it faster or slower if you need, up to 2 years.

Have a look at the website and let me know if you need any more info, I'm planning to start tonight so I can keep you posted.

http://www.propertyinvestortraining.com.au/

Kate

[kateej03Participant@kateej03Join Date: 2011Post Count: 112]

December 1, 2011 - 4:34 am

Hi DWolfe,

I have signed up for Steve's course starting it this week, what would you like to know?

It's pretty in depth and Steve is also during webinars for each session (there's one session per week).

Kate

[kateej03Participant@kateej03Join Date: 2011Post Count: 112]

November 15, 2011 - 5:22 am

It is self paced, you can take up to 2 years if you need.