Hi thanks for the input.perhaps some more imformation.Ive been investing in IP since 92 and until 15/12/02 i was an internet virgin.I cant belive all IP imformation there is to study!In the last week ive learnt so much ive had a real confidence boost.Ifeel i can be alot more aggresive in my price…[Read more]

I have a good friend who is both a mortgage broker and accredited mortagage originator. He would be worth contacting to ask the kind of questions you need to ask. it may be possible to act as an agent of his business for a while to get the feel of the industry without the costs. He is in Sydney but that should not be a barrier for people in other…[Read more]

Hi Insider…

Basically you will need to be writing $10M a month in residential property finance over a period of 6 months before any of the wholesale arms of the banks will open discussions.

You will also have to show due dilligence in managing and creating relationships within your business, have the right personal to assist in approving…[Read more]

Hi Sooshie,

Thanks for the advice. It is always good to hear input from people that are already doing it and can help me avoid costly mistakes.

Cheers,

Matt []

Hi Brett,

Thanks for the welcome. I have already learned quite a bit from reading some of the topics, especially what was written about structuring, and I am certain that I will find out all the ‘how to’s’ from here.

Cheers,

Matt []

Yes i am an investor in both brisbane and sydney,but due to my heavy involvement in my business,i am not spending enough time on property investments and i guess i would like to know of a network of investors or individuals that are in the same boat.

yes it is normally done and used on off the plan purchases,but can also be used to secure any property..

looking for the same answer

Plenty of equity and assume cash,go for it

Plenty of equity and assume cash,go for it

Good morning…

Australia has never experienced a property bust before… only corrections of about 20% max.

I can”t see a bust this time around unless we have a huge x-factor not currently forseen, such as a huge stockmarket correction, major multi-country war, mass unemployment etc.

But surely prices can’t keep rising, ’cause sooner or later…[Read more]

People are like sheep in that they follow the pack.

Now that some of the leaders of the pack have changed directions, the less informed and educated will follow suit.

Same happens in stocks too.

When the market psychology shifts – market reation follows suit.

There’s just as much good information in the market at the moment too – like the new…[Read more]

Ed,

Unless you have a hotline to the PM then you are confined to the information access that the rest of us have… which in this case is really a best guess.

So my thoughts are that it won’t last forever, but it will last for a while yet.

I think I remember seeing other posts on the forum about this exact topic so why not do a search?

Oh -…[Read more]

Isn’t Steve holding a seminar in Sydney?

Reading the testimonials about his Melbourne event, surely that would be the place to network, wouldn’t it?

But is it worth the $2,000 price tag???? I guess that depends on a number of things…

Steam_Train

Friends,

Surely the issue about software is to look at what needs you have and then find something to match it within your budget.

Personally all I use is MYOB and some crafty Excel spreadsheets.

But then again I’m a cheap sod.

Steam_Train

And that’s why a fool and her money are soon parted.

Perhaps its sad… perhaps it’s the way of the investing jungle.

Hopefully she won’t make the same mistake twice.

Steam_Train

Tim,

I made an offer on a property in Queensland once and was surprised to find that the agent required I sign a contract rather than an offer.

I put it down to banana-benders doing things differently and mused about what would happen in the counter-offer process.

Well – the contract was faxed back and forth and every counter offer meant a line…[Read more]

G’day Cherry,
Have you still got it?
Please let me know at barperry@37.com
Barbara P.

Hi all,

As far as wrap software is concerened you may want to check out a mate of mines website (Rad Williams) http://www.mypropertymaster.com which incorporates a 30 day trial period.

Good Investing,
Tony Barton

Sooshie…

Beware the word POTENTIAL when used in the same paragraph as AUCTION.

Hey Steve et al. Perhaps some tips about what to do at an auction would be handy?

My 2 cents… always ask a question of the auctioneer at the start of an auction that raises doubt about the quality of the property.

For example – “Is that asbestos roofing on the…[Read more]