I'd be interested to see it. Might be an opportunity to expand the checklist as people provide input.

Perhaps look at share trading?You can handle your accounts from overseas quite easily, more chance your going to hit the 15% returns your looking for (my mates were more than doubling their money when they started now at 25-40% returns).Might suit your situation much better.I started with share trading a year or so ago and made enough to travel…[Read more]

Hey,Just went through the home study dvd course (andd have read through the bootcamp notes too).It definately made me think outside the square a little more, nothing that blew me away but worth the read/watch most definately.In saying this, I have been spending time with some developers and the feasibility calculator I made myself with their…[Read more]

Am interested in Syndications.Let me know

Hi,It is dependent on the area,However as mentioned above, the rule of thumb would be $1000/m2 for your typical house with no fancy furnishings.With higher quality furnishings you can use $1200/m2 etc. as a starting point.Then depending on the area, there are contribution costs, land subdivision costs, etc. to include.The total area is  2 x 250m…[Read more]

Hi Bjsaust,What would you see as the benefit of a joint venture with the builder?From what i've picked up so far, the builder makes a healthy profit at $12k per builder square (please correct me if i've been misinformed),So do you need to run it as a JV or can you just buy the land and hire any builder to do the work for you at the most c…[Read more]

Hi, what city?Also I assume your using your first home buyers grant?

Hey Miike,My mates and I have been/are looking at doing something similar,Check out the thread we started with some good contributions from Terry – not sure how helpful it will be.https://www.propertyinvesting.com/forums/property-investing/help-needed/4332942?highlight=sydney%2CaccountantsWe are leaning towards starting seperately as some of us a…[Read more]

I think the suburbs you refer to are:Ashmont, Tolland and Mount Austin. Personally I haven't found much in Wagga that interests me, but Jacqui will have a much better idea of the area.However there are bargains if you look hard enough.I  know a real estate agent bought two positive geared properties in a nicer part of town a year ago. I was also…[Read more]

does anybody have any experience with property investment groups btw? i mean the smaller scale groups not the 100 person 'clubs'.i guess i should add, we are taking a hands on aggresive approach, not a passive approach.

thanks for the link hschmid, it really did provide some insight.its actually intersting that a lot of conclusions we came up with through discussion we are finding others have done as well.it seems there is no such thing as a new idea!when attempting to find the right % for buy ins and outs lastmonth, eg. if a member died or wanted to leave, the…[Read more]

Hi all, I'm one of those 4 other friends. I thought i'd join up to add some more clarity to the sitaution.Esentially we are an investment group – with a primary focus on property.Basic Set-Up.1. 4-6 members 2. $25k buy in.3. $400 contribution each per week / $1600 per month (some can put more than others, but this figure is within all our…[Read more]