A finder's fee of $9,000 + GST on a property costing $340k, that looks like a dump?The next one was $10k. I'm in the wrong business it seems.Look, you are paying these clowns huge money for you to be lazy.There is no mention of where these places are. They could be in the back of Bourke, with no cap growth.Do your own research and find your own…

The tiles should have been laid on top of ac sheeting, which is laid over the top of the floorboards. Is this the case?If not, you will probably need to chisel as much of the glue of as possible, then get the sander onto them.

Save your money. How can you advertise a cfp property with rental returns between 6 and 10% while finance costs 8%?

Either the owner doesn't know about this offer yet, or they are hanging out for another offer because they think in a hot market they may get a better offer, or, as you say; they are still making up their mind.I'm assuming you've signed the Contract? That makes it a bit harder if there is no time limit on the offer.This gives the owner the option…[Read more]

Another good reason to not put heaps into the "stuper funds".The investment of the poor.

Dodgy as.How can you advertise cashflow positive properties that have a rent return of between 6 and 10%, when finance costs 8%?Wide berth required.

millions wrote:
I remember seeing a property on the market for about 2 years.  The owners ended up having the bricks, windows, etc painted white and roof and gutters dark grey and then it sold straight away. 

Did it sell for the asking price?Could work, but what will probably happen in a town like this is the cost of the changes will not be r…[Read more]

SHales wrote:
Marc,I'm wondering why you object to allowing the agent to have his name etc on the signage, advertising.    Secondly, I'd consider all of your suggestions to be a form of marketing, just not an expensive marketing campaign.  Sometimes I wonder if agents are paid a commission on the advertising that they sell.  I'd absolutely agre…[Read more]

Who knows, F.As I said; broadly speaking.You can go through and find contradictions on either side forever.They're both crap anyway.sheesh.

foundation wrote:

L.A Aussie wrote:

simple wrote:
OK, bright part of Aussies have elected the Labor party to rule the country. I hear that they are Labor is a party that looks after the down-and-outers…[Read more]

Hey Richard;"sheep" is my saying!! I love that word. But I don't think it applies to Banks unfortunately; they're the wolves.I hear the word CEO these days and a dark cloud forms over my head.

Landlord's Insurance is a must for this caper; no matter how good the area or the property.It's a tax deductible cost of doing business.Certainly ring up someone like CGU, of Property ONE, and ask a few questions about it; tell them you already have a tenanted property and see what they say.I don't know that the current situation with the tenants…[Read more]

wealth4life.com wrote:
Hi Steve and other … sorry to write boring on the header but i wanted to catch peoples attention,Quite frankly I am over all the get rich quick week end seminars and boot camps so can I just pay cash for Stephens 3 Strategies with out attending all the other hype and meeting boring people who want to JV or tell you how…[Read more]

morts wrote:
IMO there are generally only two reasons a property doesn't sell.  Either the marketing is very poor or the price is wrong – or in the worst instance a combination of the two!  As you are clearly dissatisfied with the REA's in your area I would recommend an independent valuation, arrange to meet the valuer if possible and find out i…[Read more]

So how much will you take for it?

simple wrote:
OK, bright part of Aussies  have elected the Labor party to rule the country. I hear that they are known for weak economy control. Next 12 months should indicate where are we heading. Any thoughts anyone?

Broadly speaking, traditionally; Labor is a party that looks after the down-and-outers and favours hand-outs to the masses; l…[Read more]

dreaming wrote:
My Plans for 2008:1. Get the bank to value my properties.2. Get Finance in place3. Purchase investment property in Brisbane area 1st half 084. If equity and borrowing limits permit, buy again 2nd half 085. Sit back and enjoy the ride6. 2009 draw down equity from properties, use funds to significantly increase exposure to sh…[Read more]

We settled on a block of land in Aug which will be for our next PPoR, so we will be doing some debt reduction and getting cashed up for the most part.We have a decent amount of equity in the potfolio, but the current Bank is not letting us do much due to servicability (the new block has put a spanner in the works I guess) so we are going to also…[Read more]

What idiot pays $200 for a haircut…other than John Edwards? (running for US President – he paid $400)I like the KMart clippers, myself.

diclem wrote:
Phorsha,I would gladly pay an IT professional $88 to come out to my house and remove a virus from my system. In fact, I would be happy to pay more. Even if it took them two minutes…. if its something I can't do myself,  I would happily pay a professional to do it for me.

Have to agree there;I had a tech come out to look at my…[Read more]

This is a very aggressive finance startegy.The problem with LVR levels like this is while it allows you to enter the market earlier as you need less deposit, it leaves you very exposed should something happen that requires you to have to sell the house in a hurry for any reason; such as job loss, illness, car accidents etc. The other problem is…[Read more]