PropertyInvesting.com | ozdrjohn | Activity

ozdrjohn started the topic Any comments about mantra & breakfree? in the forum General Property

Mon, 14 Nov 2016 01:07:02 +0000

Hi – would really love to get any comments or feedback about investing in a property managed by breakfree and the mantra group. Some of the returns are quite impressive and am very interested in other people’s experiences with them. Many thanks in advance… Cheers, John

ozdrjohn replied to the topic Rock and a hard place - Opinions required in the forum Help Needed!

Thu, 10 Nov 2016 03:55:39 +0000

hey real-newbie – totally agree with ethan and option 1 as 10yrs is a really long time to be on the sidelines when you could have your money working for you, and you wouldnt be the only rent-vester out there. cheers, john

ozdrjohn started the topic Any comments on duplexes in NSW in the forum Help Needed!

Tue, 23 Aug 2016 05:55:56 +0000

hi – am looking into buying a regional duplex (both together) and was hoping someone could share their comments/experiences and note any ‘traps for young players’? we already own 4 properties and thought this might be a nice bit of diversification. welcome your thoughts… cheers, john

ozdrjohn replied to the topic question on seniors accom in the forum General Property

Sat, 07 May 2016 01:12:50 +0000

thanks wadez – am in exactly the same position and the prices are historically a bit unstable for the one i’m looking at. however it would now be below build cost and this too is puzzling as it cant really go below this price – maybe?? cheers, john

ozdrjohn replied to the topic question on seniors accom in the forum General Property

Fri, 06 May 2016 02:07:28 +0000

thanks mikeden – having been in one of these, any top tips on what negatives to look out for?? thanks, john

ozdrjohn replied to the topic question on seniors accom in the forum General Property

Sun, 17 Apr 2016 09:20:39 +0000

thanks corey – they definitely seem like a bit of a specialty niche. nice returns but the growth seems to be an issue i have heard about. even though with rent assisted pensioner tenants, still not sure where the biggest risks are for them and happy to learn from anyone familiar with them. good point about the banks being shy about them, just need…[Read more]

ozdrjohn started the topic question on seniors accom in the forum General Property

Sat, 16 Apr 2016 07:09:05 +0000

hi – am looking at some seniors places (typically duplexes in complexes with on-site mgt) in qld. returns look good, however i am aware many lenders don’t like them, and presumably many investors also. would welcome anyone’s views on these as an investment… many thanks, john

ozdrjohn replied to the topic Newbie question - have good equity, but bank concerned about serviceability. in the forum Finance

Tue, 02 Jun 2015 06:17:32 +0000

thanks jamie – will do. best of luck and thanks for your help… cheers, john

ozdrjohn replied to the topic Newbie question - have good equity, but bank concerned about serviceability. in the forum Finance

Tue, 02 Jun 2015 01:16:23 +0000

great tips there terry. when its time to make our next purchase we’ll be certainly giving you a call to ensure we are using our structures in the most effective way. the way the lender responded definitely highlighted some weaknesses in our approach (bloody newbies). cheers to all of you for sharing your knowledge and i’ll be in contact with each…[Read more]

ozdrjohn replied to the topic Newbie question - have good equity, but bank concerned about serviceability. in the forum Finance

Mon, 01 Jun 2015 06:47:44 +0000

thanks corey and jamie for your quick quality replies. agreed corey, the will is there and i thought we looked sound as a pound, hence the surprise. jamie, we have the first two with teacher’s mutual, and grabbed the 3.99% fixed with newcastle permanent for the other two (which we purchased through a shelf company). will have to chat with both of…[Read more]

ozdrjohn started the topic Newbie question - have good equity, but bank concerned about serviceability. in the forum Finance

Mon, 01 Jun 2015 03:55:20 +0000

hi – apologies for the newbie question, so please be kind…
My wife and i have just gone through the loan application process for two positively geared properties and were a bit shocked at how the serviceability was looked at by the lender. We welcome any thoughts on how can we grow our portfolio further given the following information:
PPOR -…[Read more]

ozdrjohn became a registered member

Mon, 01 Jun 2015 03:12:39 +0000