Dear Erica,Depending on your financial situation the bank should be able to incorporate the stamp duty and other associated costs of the purchase.Kind Regards,Mark LeithProperty AdvocateGlobal Buyers Agenthttp://www.buyersagent.com.au

Hello,I have heard positive feedback from our clients that have used Micheal Yardney's service in the past, however I believe their fee structure is quite high.Have you ever considered using our service, which is the most competitive in the country?Kind Regards,Mark LeithProperty AdvocateGlobal Buyers Agenthttp://www.buyersagent.com.au

Dear Warrick,There may be an investor here that is willing to offer you vendor finance.Otherwise you may want to consider a low doc or no doc loan.A person’s success is totally dependant on their perception. I have heard a lot of young people say that they “…wouldn’t be approved…” or “…couldn’t afford a mortgage…” Often these people are mostl…[Read more]

Dear Investors,I have a tradesman that does everything for $20 per hour, if you phone around enough you will find someone willing to do an honest days work.However, when he is not available I am also confronted with tradesmen who act like cowboys and expect to get paid $100 for what sometimes takes them 15 minutes. A lot of people don't realise…[Read more]

 Dear Investors,  I agree with everything that has been said, all markets have inevitable cycles both boom and crash. However, the downward trends only affect those who react and sell in panic. If your strategy is to stay in for the long term say 30 years then you can guarantee that your property will have significant gains regardless of r…[Read more]

Hello,Another option to consider is "…renting where you want to live and buying where you want to invest…" The reason behind this is that the area that you live in may not always be the best place to buy in the current market.If this ideology does not appeal to you then I suggest going down the obvious path of buying your first home, then…[Read more]

Dear Investors,$15,726.00 is not a huge margin to work with. Renovations are almost always more expensive than you first think. Prices of materials and labour have become a lot more expense over the past few year due to a number of reasons. As you would already be aware there is a real danger in over capitalising as all your hard work will be for…[Read more]

Dear Darren,When taking out home loans always opt for interest only. It is critical to remember that when investing in property your buying time, not real estate. To explain, based on property doubling every 7 to 10 years, a property bought for $300,000 today will be worth between $900,000 to 1.2 Million at the end of 30 year loan. Whilst reducing…[Read more]

Dear Bronte,Providing you source, negotiate and secure and investment in the right place at the right time it is possible to achieve high returns and high growth without needing to renovate.Kind Regards,Mark LeithProperty AdvocateGlobal Buyers Agenthttp://www.buyersagent.com.au

Dear TokyoJoe,Have you considered using a Buyers Agent to assist you in securing the right investment in New Zealand and elsewhere?Kind Regards,Mark LeithProperty AdvocateGlobal Buyers Agenthttp://www.buyersagent.com.au

Dear Investors,It is possible to achieve returns of up to 10% and 15% here in Australia and returns up to 25% overseas. Also are achieveable are growth up 25% to 75% growth per quarter providing you are able to negotiate heavily and are buying in the right area at the right time.Kind Regards,Mark LeithProperty AdvocateGlobal Buyers…[Read more]

Dear Bronte_bez,Have you ever considered using a Buyers Agent?This can often be the best way to secure properties that will have the highest growth and returns.Kind Regards,Mark LeithProperty AdvocateGlobal Buyers Agenthttp://www.buyersagent.com.au

Dear Emma,The best way to purchase properties overseas is to establish a line of credit against the equity in your home or portfolio that way you will not be restricted by LVR.Otherwise there are morgage brokers who specialise in securing loans for overseas investors.Kind Regards,Mark LeithProperty AdvocateGlobal Buyers Agenthttp://www.buyersagent.com.au

Dear Investors,Has anyone thought of using a Buyers Agent in order to secure Postive Cash Flow Properties?Kind Regards,Mark LeithProperty AdvocateGlobal Buyers Agenthttp://www.buyersagent.com.au

Hi okkamooie,Thanks for the reply.  Guess you're right there.  Sometimes I like a little confirmation on my opinions.  I am busting to get into something, but my figure just don't add up!! Hopefully, I will find something soon.Cheers,Tina

It really doesnt matter where you get the money from, the lender is taking all the risk. They are happy for you to use the money for this purpose on the promise that you will pay them back, because they know if you don't they can sell your property. I would recommend that you take the Letter of Offer to your solicitor and pay them to go over it…[Read more]

I think most lenders have opened up their policies for this area. The main thing you will have to watch is the size of the apartment. May have some troubles under 40sqm.

PCFs – positive cash flow investment properties.PPOR – principle place of residence IMHO – I have no idea and I too would love to be enlightened.  Thanks for your feedback everyone! It seems I need to talk to an accountant to crunch the numbers. My own accoutant is great for general tax/business stuff but I don't think property would be his fo…[Read more]

Thank you so much for all your replies! I will have a look at the places you have recommended.

I am studying renovations and how it works. Never done it before so not confident with it.

I found this website: http://www.cashflowcapital.com.au/. Has anyone ever bought properties from here? Once in a while a property does meet the 11 second rule…[Read more]

Thanks for all of your suggestions guys. Richard; I went to Steve with your referal and he was happy to see me in a few days, sounds pretty switched on (and on top of that a nice guy). Failing that, I will check out the other suggestions.

Really appreciate the contacts, would not have known where to start. [biggrin]