Total Members: 158,067

Mike

  • Mike replied to the topic Any UK investors??? in the forum Overseas Deals 6 years, 6 months ago

    Hey Jcam,

    Regardless of the property and the amount you are investing the same fundamentals apply in terms of the due diligence you’re going to undertake. I started with the lower end of the market in London but know many people that invested in the Midlands and further North.

    Like any market there are pockets of high performing properties…[Read more]

  • Mike replied to the topic Any UK investors??? in the forum Overseas Deals 6 years, 7 months ago

    I lived London for about 9 years and started my investing career over there and still maintain a small portfolio of properties in London.

    Availability of finance ebbs and flows depending on the government, recent scandals and the general mood surrounding the economy.

    Investors are keen to come up with solutions to financing challenges and…[Read more]

  • Mike replied to the topic Stock Market in the forum Help Needed! 6 years, 8 months ago

    Hi Cherry,

    Check out Nick Radge at The Chartist (thechartist.com.au). I’ve been with Nick a few years now. He provides loads of free resources and a paid service which has different systematic and discretionary trading models along with technical and fundamental analysis. Above all though he will teach you how to understand, accept and control…[Read more]

  • Mike replied to the topic Pre-cast concrete construction in the forum Finance 7 years, 4 months ago

    Thanks guys.

    It’s a commercial property I’m considering.

    A lot of the housing commission/ public housing in the UK is pre-fab concrete which many lenders don’t like and wont even consider so this is positive to hear.

    Thanks again.

  • Mike replied to the topic Thinking of getting involved in commercial property in the forum Commercial Property 7 years, 4 months ago

    Thanks for the clarification Corey.

    FXD – you’re surprised? What’s your experience?

  • Mike replied to the topic Thinking of getting involved in commercial property in the forum Commercial Property 7 years, 4 months ago

    Hey Corey,

    Thanks for your input. What does “prime deals” mean?

    Hari:

    How often to do you review your arrangements in terms of management and finance? Thank you for your input on the topic. I’ve so far discovered different information.

  • Mike started the topic Bizarre /disgusting is an uderstatement in the forum General Property 7 years, 4 months ago

    WARNING: This is pretty gross. Totally work safe but if you have a weak stomach, avoid!

    Over the years I’ve in property I’ve seen a lot of weird things going on with tenants, neighbours, estate agents and contractors but the recent email I received from my property manager in London well and truly takes the cake.

    Here it is:

    Over the weekend…[Read more]

  • Mike started the topic Bizarre /disgusting is an uderstatement in the forum General Property 7 years, 4 months ago

    WARNING: This is pretty gross. Totally work safe but if you have a weak stomach, avoid!

    Over the years I’ve in property I’ve seen a lot of weird things going on with tenants, neighbours, estate agents and contractors but the recent email I received from my property manager in London well and truly takes the cake.

    Here it is:

    Over the weekend…[Read more]

  • Mike started the topic Pre-cast concrete construction in the forum Finance 7 years, 4 months ago

    Hi Finance people,

    I came across a property that states it is pre-cast concrete construction. Does this have any affect on finance options?

    Thanks

    Mike

  • Mike replied to the topic Seeking Property Accountant Melbourne in the forum Legal & Accounting 7 years, 4 months ago

    Hey Joe,

    I’m based in Melbourne but my accountant is in QLD. He specialises in structures (for what ever your purpose) let me know if you can’t find someone local you want to go with and I’ll put you in touch.

    Good luck

    Mike

  • Mike replied to the topic Maintenance on multi tenant properties in the forum Commercial Property 7 years, 5 months ago

    So if you own the whole building, you are the body corporate and will be responsible for such costs?

    Scott No Mates: is there a circumstance where the tenants would be required to contribute to the upkeep of common areas which would be detailed in the lease? Using the above example of a small office block. Support the driveway to the car park…[Read more]

  • Mike started the topic Maintenance on multi tenant properties in the forum Commercial Property 7 years, 5 months ago

    Who pays the maintenance on multi-tenant properties. For example, a small office building or mini shopping centre with car park and common areas?

    Thanks!

  • Mike replied to the topic Would lenders consider equity from investments abroad? in the forum Finance 7 years, 5 months ago

    Thanks guys. Got it.

  • Mike started the topic Would lenders consider equity from investments abroad? in the forum Finance 7 years, 5 months ago

    I have a residential property portfolio in the UK and wondering if an Aussie lenders would consider this equity in determining my borrowing capacity?

    Thanks

  • Mike started the topic Steve Keens latest prediction…. Is he right this time? in the forum General Property 7 years, 7 months ago

    Recently read this article:

    http://mobile.abc.net.au/news/2016-07-29/australia-headed-for-recession-next-year,-professor-keen-says/7674154

    Regarding Steve Keen’s latest prediction about the economy and house prices.

    Full text here

    Australia’s credit binge will lead to a bust as soon as next year, with house prices to fall between 40 and 70…[Read more]

  • Mike replied to the topic Want to hear from property investment consultants in the forum General Property 7 years, 8 months ago

    If you’ve found something you love, start doing it. You’ll become great at it and the money will follow in one form or another.

  • Mike replied to the topic Brexit – what next? in the forum Opinionated! 7 years, 8 months ago

    Wadez, I’m watching very closely. My whole portfolio is based in London and now I’m back in Aus earning AUD with some ready to invest.

    Will need a little time to see how things are going to play out. Also the GBPAUD held up relatively well so far. If I’m going to put money into London with the certainty ahead I’ll be looking for the GBP to drop…[Read more]

  • Mike replied to the topic Starting out in the forum Help Needed! 7 years, 9 months ago

    Hey Peter,

    I remember being in your position and the most important decision I made was to start. You’ve done that, so congratulations.

    It doesn’t seem so popular in Australia (or at least on these forums) but in the UK (where my portfolio is) many people starting out in property look at other ways they can make money through property without…[Read more]

  • Mike replied to the topic Renting vs buying home in the forum Help Needed! 7 years, 9 months ago

    My preference has been to rent where I want to live and invest where it makes sense. I like the flexibility of renting and not being tired to a particular property.

    Also, the places I want to live don’t fit with my investing strategy and don’t stack up for me. So I get the best of both worlds.

  • Mike started the topic Thinking of getting involved in commercial property in the forum Commercial Property 7 years, 9 months ago

    Hey guys,

    I’m currently reviewing my investment strategy after returning to Australia from living in the UK for 8 years. I have a resi portfolio in the UK and am unexperienced in Aus.

    Commercial property hasn’t been something I have considered in the past and I’m wondering what led you to invest in commercial vs res. What do you see at the pros…[Read more]

  • Load More

Mike

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