mattsta replied to the topic Deposit finance deals – Are they dead??? in the forum Help Needed! 13 years, 6 months ago
I found some vendor finance for deposits on realestate.com.au… but they were quite rare and in NSW …. you're criteria of narre warrne might be very strict
mattsta replied to the topic property around $150 – 175K range (NSW) in the forum Help Needed! 13 years, 6 months ago
Check out all the major NSW regional centres. They tend to have relatively high populations but cheaper properties
mattsta replied to the topic Investing for income in the forum Help Needed! 13 years, 6 months ago
I prefer postiive cash flow investing. It may be more of the get rich slow strategy – but its more safe and secure. Negative gearing takes money out of your pocket
mattsta replied to the topic Property Investment Calculator Software?? in the forum Help Needed! 13 years, 6 months ago
For me, I already know how to do the calculations so I just punch in the formulas in Microsoft Excel. Makes life much easier for me especially as I have the flexibility to change things easily. You can add calculators in Excel as you see fit, from stamp duty calculator, home loan calculator etc..
mattsta replied to the topic Looking for 1st Investment Property in Sydney – What area? House or Unit? in the forum Help Needed! 13 years, 6 months ago
Amit Thaker wrote:
Property will be in Sydney. Area I am thinking are Blacktown, Senven Hills and Penrith. What are you thoughts? I am thinking of a house than an Unit.I think a house in the west is a good idea.To get you more familiar with how to go about it- I'd suggest you read some property investing books. For example, check out…[Read more]
mattsta replied to the topic Houses in the mining towns in the forum General Property 13 years, 6 months ago
Investing in real estate in a pretty safe bet anyway. However, yeah, I would assume that the rental for mining spots would be quite high and you would be able to make a decent profit. http://www.propertyobserver.com.au/hotspots/mining-towns-could-be-2012-property-hotspots-terry-ryder/2012011153008
mattsta replied to the topic DIY Property Styling made us $20-$25k! in the forum Value Adding 13 years, 6 months ago
Hey! Great job on your success. That’s actually pretty good. I’ll be sure to recommend this method to friends.
mattsta replied to the topic What to do? in the forum Help Needed! 13 years, 6 months ago
Personally, I’d stick towards more populated areas (like you said, Wollongong). Pretty sure that its value will start to increase as the area becomes more populated. Good luck though!
mattsta replied to the topic Our 1st investment property!!!!Advice on where to start looking in the forum Help Needed! 13 years, 6 months ago
Hey, congratulations on your first (potential) investment. Melbourne I find is a pretty safe bet. Just look at the eastern suburbs. If your rich (like 1-2mill? I’d suggest looking somewhere along Kew. http://discover.realestate.com.au/buying/news/buying-news-where-to-make-the-most-money-in-3-5-years Here’s an article on hotspot places thou…[Read more]
mattsta replied to the topic Investing in Darwin – good idea or not? in the forum Help Needed! 13 years, 6 months ago
In my personal opinion, it’s not the best place. However, real estate investment is a pretty stable business. If it were me though, I’d invest somewhere in Melbourne, preferably the east side http://www.bigpondmoney.com.au/australias-population-hot-spots <– Here’s a link to all the population hotspots within Australia, if you decide not t…[Read more]
mattsta replied to the topic Window coverings in the forum Value Adding 13 years, 6 months ago
I found http://www.bestwindowtreatments.com/ pretty good, but it really depends. Anything that is of aesthetic appeal will add value to your house.
mattsta replied to the topic $300-$350,000 Budget for investment property Where to buy? in the forum General Property 13 years, 6 months ago
Like others have stated, it really depends if you have done this before. If not, I would look for a place near shops, schools, workplaces- anything that might be of convenience to someone else. This article on property investment might help you: http://www.bigpondmoney.com.au/home-property/property-investment
mattsta replied to the topic Anyone had Lasik or Laser Eye Surgery? Please share your experience in the forum Forum Frolic 13 years, 6 months ago
It really depends, but I would recommend anyone considering this operation to be extremely cautious. My father had this operation, and he was really happy with the results. A few of my friends fathers had this also, and they were happy. However, do not be deluded into thinking that LASIK is safe in any way or form, a lot of complications have…[Read more]
mattsta replied to the topic Who can I trust? in the forum Overseas Deals 13 years, 6 months ago
I agree with everyone else who has posted. Be extremely cautious when purchasing on the internet. I would suggest finding and contacting a US real estate agency for its validity. Or if you have any friends in the US (or friends with friends in the US), you could get them to do this for you.
mattsta replied to the topic Posting on a tablet in the forum Site Problems / Feedback 13 years, 6 months ago
hey all, just got my ipad, and hav ebeen using it alot now!i highly recommend using a pen like tool to be able to write on the ipad – makes life alot easier!
mattsta replied to the topic Rear of block use in the forum Creative Investing 13 years, 6 months ago
i love the idea of granny flats… easy way to add money to your income stream
mattsta replied to the topic Help wanted!!!! in the forum Help Needed! 13 years, 6 months ago
i think you'll need 1) accountant, 2) solicitor and 3) mortgage broker… do you already have these advisors on your team?
mattsta replied to the topic investment structure for investment property in the forum Help Needed! 13 years, 6 months ago
i agree that it would be a very bad idea to borrow the whole amount. If you plan to borrow more, then try and lower your LVR… the 80% LVR would be better
mattsta replied to the topic Cash Flow For Life in the forum Help Needed! 13 years, 6 months ago
no i havent read it, although I've read steve mcknights books.. who is the author?
mattsta replied to the topic Looking for vendor finance in the forum Help Needed! 13 years, 6 months ago
try to get "rent to buy", lease options or a deposit financing option. Also try to check out realestate.com.au and other real estate websites and even ask the seller whether they offer creative selling
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