Hi Wayne, the guys are offering good advice here.

One thing to keep in mind, it doesn’t make sense to sell a property that is achieveing strong capital growth. Ultimately, cashflow gives you lifestyle, but assets give you wealth.

I’d recommend using the equity in this property to fund wrap transaction. This will allow you to keep a property that…[Read more]

Steve, a HUGE congrats. Mate your time management skills must be amazing. You always deliver, haven’t let me down, or anyone else down that I’ve spoke to.

Congrats again, I hope your successful achievements continue to climb indefinately. Universal laws clearly state you get what you receive. You are always plentiful in your giving, and so you…[Read more]

Hi Guys, they are definately still there, but you have to look harder and harder to find. Have just bought 3 in the last 3 weeks. Keep in mind we are looking at property EVERY SINGLE DAY!

You’ll find it increasing difficult just to find them on the weekend looks, but they are still there.

We use this rule as a safety net for our wrap properties.…[Read more]

Hi team, here’s a site that specialises in wraps in Oz.

http://www.PositiveCashflow.com.au

Hope it helps,

Mike

Remember, life’s about Family, Fun and Finance (probably in that order).

Mike
Director
http://www.PositiveCashflow.com.au
“Positive Cashflow for a Positive LIFESTYLE”
because
“Life’s too short to be Negative”

Andrew congratulations, that’s AWESOME news!!!!

Even better that you can shareit with all of us. Nothng worse then having a HUGE win and having no bugger to share it with.

Here’s to many, many more.

Mike

Remember, life’s about Family, Fun and Finance (probably in that order).

Mike
Director
http://www.PositiveCashflow.com.au
“Positive Cashflow for a…[Read more]

Hi Guys, I think it really depends on where you’re at financially at the time. In the early days, my mindset tells me it makes sense to have cashflow first as it’s generally “guaranteed”, and it increases your servicability for further loans. Keep in mind I didn’t have a lot of money when I started so I had to enter at a level I could afford. I…[Read more]

Hi Sooshie, no offence at all. One thing about property investing is you grow big shoulder and a healthy self esteem.

I actually hate the word “weasel” as it sounds a little derogatory, “safety net” clauses or “fall-back” clauses are nicer terms, but they still give you the same protection.

A side note. I just secured a deal by writing a written…[Read more]

Hi Louise, first I need to say I haven’t attended or completed any of Henry’s courses or seminars so my comments need to be taken with a grain of salt.

That said, I have followed forums for a while now and Henry has been the subject of discussion both positive and negative. Keep in mind, any information posted on a forum is subjective at best…[Read more]

Hi Tim, we banana benders are a crazy bunch. [].

Thanks to the two-tier rubbish that gave QLDers a bad name, our contracts now have a 5 day cooling off period as well. As Soosh mentioned, the wiesel clauses are still valid on your contract.

In Qld, building/pest and finance are already written into the standard contracts supplied by the REIQ, so…[Read more]

Hi Aaron, mate everyone else has indicated convenience issues. Also be aware how “regional” you’re considering. Lenders have difficulty lending in areas with populations below 10,000. Indeed, the further out you go, the less options you will have.

Jason has very effectively “delegated” duties to real estate agents in the rural towns where he…[Read more]

Hi Sooshie, sorry I thought I’d posted to this previously but can’t see my post so obviously I didn’t hit send.

Further to Terry’s comment, it wasn’t until we asked for the actual Discharge Authority documents for our loans before teh bank took us really seriously. We ended up getting what we wanted.

Keep in mind also, that at times a bank may…[Read more]

Hi guys, Soosh you’re doing a great job with these links. Awesome work!!!!! I faced heaps of “hurdles” just like everyone else when I started the journey into wrapping. So, I decided to put together a site to help everyone out. Steve recommended I make the free Five-Part-Wrap-Course available for everyone on this thread so it can help everyone…[Read more]

Hi guys, Carolyn more than happy to help. Hope it did. It took me 2 yrs to get my head around it myself. []

Hi Steve, sites going well. Actually I was posting the link on my site for this forum and decided to have a peek. Couldn’t resist thowing in my two cents worth on this post.

Actually, you brought up a very good point Steve (as always), is…[Read more]

Hi team, hey I’m with Felicity. Keep in mind, that if you use the profit to pay off your debt, you’re really only saving cents, compared to investing the profit to fund another wrap that makes you considerable money.

Let me explain how my head works: (God help my wife) <)

Let’s say you make $10K profit for the year and invest this in the…[Read more]

Hi Terry, just some quick feedback on Steve’s pack.

I was a little concerned about the price tag at first coz let’s face it, it’s a premium product. After going through the pack I found it to be excellent. It answered SO many questions I had about wrapping in Oz that I couldn’t get answers to visiting the various discussion forums.

The…[Read more]