I am afraight that, unless it is done as a commercial enterprise, it won’t work.

In any event,what is wrong with using information from
information providers like Residex and Matusik ?

Too dear at say $ 65 a report ?

Pisces

Thanks Muppet for the unconditional acceptance.

Some people think however I am too aggressive.

Pisces

At one stage I frequented a shares website where every now and then someone would produce a post extolling the virtues of a particular company.

Because of the boom at the time there would be a lot of naive followers who immediately would jump on the bandwagon, following the tip (or so they thought) whilst at the same time the poster would be…[Read more]

I am sorry Chan, despite your nice post above I nevertheless still cannot disclose the secret which PropertyGuru and S.I.S. told me. []

Pisces

Hi Bill,

>>You have missed my point!

I am not writing options on behalf of anyone on the Forum.<<

No one says that you did Bill, only that apparently you suggested to someone (or perhaps several persons) to let you handle a large sum of money.

Hence my post providing some rules in selecting a money manager.

>>I have never said “sell up” but…[Read more]

Guys it doesn’t mean a thing other than being possibly too verbose. []

It makes me think I am getting old.

Pisces

Please get comfortable first, this is going to be a long post (Mini isn’t the only one who can write long posts [] )

Let me first of all say that, like Bill, I too shudder seeing how easily new people may be sucked in by the exhuberance of the ones who have been around a bit in real estate.

Owning two or three properties does NOT however make…[Read more]

>>Or what you could do is receive a gift from the vendor for deposit.<<

As long as one realises that in essence this is fraudulently obtaining money from the lender by deception.

Don’t worry, we all will send you a X-mas card if things blow up. []

Luckily your broker will keep you company in jail. []

Pisces

Well that certainly looks like an opportunity for someone.

Pisces

>>Either way, I would advise speaking with a qualified attorney who will clarify any questions you have.<<

The problem is that unless one has been involved in ventures one just wouldn’t have a clue (other than the most obvious ones) what should or shouldn’t be covered in the agreement.

As it is, the moment one thinks one knows all the pitfalls,…[Read more]

At last we are getting somewhere Michael. Thanks.

Mini rightly points out that everyone needs to be clear that the decision process has to be part of the the agreement, and rightly so.

I would be inclined to think that too many people involved in the decision process makes it unworkeable.

It is almost like the communistic system in Russia. It…[Read more]

Yak like yourself I too think it is a waste of money – for me.

That doesn’t however mean that it isn’t value for many other people.

A $ 1,000 fee for a seminar is, as far as seminars go,
pretty reasonable.

Many people here may feel the desire or have the need to attend so don’t knock it.

On the other hand even just one new idea may well put…[Read more]

South coast of NSW ?

careful, the longer the distance the more it cost to move and the more risk one runs that the house may collapse during transport.

Before buying

1. get a housemover to give you a quote,

2. consult council to check whether they are O.K. with it (they possibly may want to inspect the house beforehand before they will say…[Read more]

Redwing, what security ranking do these deventures have.

Are they secured , unsecured ?

Anyway, why tie up your money as it will be locked in for a period. it isn’t a 1 day notice situation I would think.

Wouldn’t you prefer to have immediate access to your money to pick up a bargain that may pop up ?

Pisces

What is fair remuneration isn’t necessarily the same as what you Chan wants to pay.

I guess the market will eventually determine what is an acceptable level.

Pisces

If a spotter did it for a living then I doubt he/she could survive on $ 1,000.

Just going to a town and hanging around in the area, what would that cost ? Then add the wages that person could have earned in a normal job and what have we got ?

Most people couldn’t find a good buy in one week so what does a spotter deserve for bringing a good…[Read more]

The tenant and the length of the lease aren’t anywhere as important as the location.

Anyway, what do you mean by ‘commercial’ ?

Pisces

.

I specialise in selling cash positive properties in Queensland.

Have a look at my website
http://www.investinginproperty.com.au

Student accommodation and mature aged accommodation are niche markets and offer returns that are cash positive 5% to 8% net return.

If anyone is interested I am happy to email financials

The properties return 5% to 8% net return before depreciation and tax deductions, so therefore the return is VERY attractive.

Happy to email you the details.

I have been selling these type of properties now for 4 years as I began as a researcher for an investment company and am happy to email profiles and financials.