PropertyInvesting.com | propertunity | Activity https://www.propertyinvesting.com/members/propertunity/activity/ Activity feed for propertunity. Sat, 11 Apr 2026 07:02:09 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 fbfcc962fc54e54caba854b36fdb96e6 propertunity replied to the topic using equity as deposit at auction in the forum Help Needed! https://www.propertyinvesting.com/topic/4404676-using-equity-as-deposit-at-auction/#post-4655540 Wed, 14 Sep 2011 01:35:55 +0000 Terryw wrote:
Make sure that the vendor will accept a deposit bond as many won't. 10% cash is standard

Yes, I second this.I was bidding at an auction on behalf of a client in Leichhardt a few months ago and another bidder was trying to register but was turned away by the auctioneer, as he was wanting to use a Deposit Bond. This was not…[Read more]

]]> 4af4f216dcaf82bcce5eb4c4f40d5e0f propertunity replied to the topic question about getting started in the forum Help Needed! https://www.propertyinvesting.com/topic/4400543-question-about-getting-started/#post-4627997 Sat, 25 Sep 2010 22:04:30 +0000 Ninh1000 wrote:
Wat is passive and active etc etc can some explain, does it meanbuy and sell quick etc

Passive means to buy a house and do nothing but put in tenants to help with the holding costs. You just let it sit there and go up in value over time.Active means you do something to it. Maybe you renovate it to add value. Maybe you subdivide…[Read more]

]]> 2e02a4e372466f43c62f231f99f9085c propertunity replied to the topic how do I deal with a tenant when subdividing in the forum Help Needed! https://www.propertyinvesting.com/topic/4401049-how-do-i-deal-with-a-tenant-when-subdividing/#post-4630937 Mon, 30 Aug 2010 05:50:50 +0000 Yes, bear in mind too that sub-divisions can take 12 months minimum to even be approved. Therefore any lease in place now is likely to be expired by the time the machinery arrives on site to dig sewer & water lines etc.Just let the tenant know when it is likely to being close to being started and she can decide if she wants to move or stay on at a…[Read more]

]]> d86c9b770c75e63cad1bf6477ff8d0a6 propertunity replied to the topic HELP about to buy 2nd property in the forum Help Needed! https://www.propertyinvesting.com/topic/4400736-help-about-to-buy-2nd-property/#post-4629158 Fri, 06 Aug 2010 06:08:45 +0000 We have purchased in there for clients before. There is the new part and the older part. Capital Growth historically has tracked that of Campbelltown in Sydney. You can get a suburb profile for free from RP Data here: http://www.myrp.com.au/showProductDetail.do?reportTypeId=1&propertyId=

]]> a6d72c5ffb0cd6fbc5e367648fb2acce propertunity replied to the topic kit home builder in the forum Ask the kit supplier. They https://www.propertyinvesting.com/topic/4400770-kit-home-builder/#post-4629326 Fri, 06 Aug 2010 06:02:05 +0000 Ask the kit supplier. They get asked this a dozen times a day. Then call a couple of the builders they recommend and get the truth from the horse's mouth.

]]> d84f699fa33a006de1dde3279b84e579 propertunity replied to the topic What is best to buy: 1 bedroom versus 2 bedrooms? in the forum Help Needed! https://www.propertyinvesting.com/topic/4400772-what-is-best-to-buy-1-bedroom-versus-2-bedrooms/#post-4629336 Fri, 06 Aug 2010 05:59:21 +0000 If your 1brm unit is greater than 50m2, then sure buy it – no problems.There are problems trying to finance smaller than that.2brms are probably in better demand but good 1brm in the right location are fine too.

]]> 9de2a9567efa3b1c780a6fce178bb5ae propertunity replied to the topic Cash flow positive - Gold Coast Queensland. Is it possible? in the forum Help Needed! https://www.propertyinvesting.com/topic/4400783-cash-flow-positive-gold-coast-queensland-is-it-possible/#post-4629409 Fri, 06 Aug 2010 05:54:44 +0000 quickchick wrote:
Maybe a small block of units which you buy in one line, not strata titled, may work.

These almost never show an 8% yield. Loans are almost always commercial not residential and therefore are lower LVRsThe purchase almost always tips the purchaser into paying Land Tax…probably won't work.

]]> ed80b88228c6cb2a49cc58df8b4f16d8 propertunity replied to the topic please help me decide IP to IO in the forum Help Needed! https://www.propertyinvesting.com/topic/4400763-please-help-me-decide-ip-to-io/#post-4629280 Fri, 06 Aug 2010 05:49:06 +0000 scotts wrote:
Can I get some advice of whether its worth spending $250 fee to free up $240.47 a month in extra cash flow?

You're kidding right?Spend $250 once to get back $240 per month for the next 5 years at least…….I don't think you need help with a decision like that :)

]]> 482e0df412684b773d6b6a117d439370 propertunity replied to the topic Cash flow positive - Gold Coast Queensland. Is it possible? in the forum Help Needed! https://www.propertyinvesting.com/topic/4400783-cash-flow-positive-gold-coast-queensland-is-it-possible/#post-4629407 Fri, 06 Aug 2010 05:45:16 +0000 A bit of background, rough rule of thumb:Costs to run an IP:7% mortgage1.5% property manager, rates, insurance, mtceIncome0.5% depreciation write back (if newish)Rent needed to be cash flow neutral = 7 + 1.5 – 0.5 = 8%Good luch finding a rental property not too far from the beach showing an 8% gross rental yield.The only possibilities:1. Buy a run…[Read more]

]]> 1d4f8c57015764823f1e074f7d80c4d0 propertunity replied to the topic Property Strategists/Buyers Agents in the forum Help Needed! https://www.propertyinvesting.com/topic/4400755-property-strategistsbuyers-agents/#post-4629243 Fri, 06 Aug 2010 05:36:04 +0000 Personally, I prefer a flat fixed fee. If you pay a BA a % commission on the purchase price, what incentive is there for them to negotiate the cheapest possible price?

]]> 6ec0762342b5d53d9179a8135be61416 propertunity replied to the topic CGT and my options... in the forum Help Needed! https://www.propertyinvesting.com/topic/4400791-cgt-and-my-options/#post-4629435 Fri, 06 Aug 2010 05:31:01 +0000 You need to take professional accounting advice.In the meanwhile read the free booklet  "How not to be a property developer" on http://www.bantacs.com.au

]]> 0b42f7116e6fce15f13933f9ea1f52fd propertunity replied to the topic What does "passed in" in auction mean? in the forum Help Needed! https://www.propertyinvesting.com/topic/4400596-what-does-passed-in-in-auction-mean/#post-4628290 Mon, 19 Jul 2010 22:06:22 +0000 the_kurniawans wrote:
Then, it is of no difference of having dummy bidders, which is illegal in Australia?

No, not really. Dummy bidding is illegal….and you don't necessarily know who is doing it. A vendor bid is announced as such and made by the auctioneer – so everyone is clear what it is.

]]> 3c37b38111495f4282fa5160ec84d9a6 propertunity replied to the topic What does "passed in" in auction mean? in the forum Help Needed! https://www.propertyinvesting.com/topic/4400596-what-does-passed-in-in-auction-mean/#post-4628287 Mon, 19 Jul 2010 14:05:27 +0000 the_kurniawans wrote:
You are buying your own product!

Well obviously the vendor is not going to buy his own property as he already owns it. Which begs the question, "then why let the vendor bid?"

]]> d6835e0096d9189db25439fd271ead0d propertunity replied to the topic What does "passed in" in auction mean? in the forum Help Needed! https://www.propertyinvesting.com/topic/4400596-what-does-passed-in-in-auction-mean/#post-4628285 Mon, 19 Jul 2010 13:49:23 +0000 the_kurniawans wrote:
what's the purpose of allowing the vendor to bid on his own property ….

You tell me and we'll all know. I think it is the most ridiculous thing to allow a vendor bid – it's insane. I'm supposing that REAs like it, because it gets the auction "moving" if it is stuck.

]]> efbae20a3019fa8762eb03d7cb6acc33 propertunity replied to the topic Holiday House in the forum Help Needed! https://www.propertyinvesting.com/topic/4399549-holiday-house-2/#post-4622303 Mon, 19 Jul 2010 06:01:57 +0000 http://www.stayz.com.au is where a lot of this is advertised.

]]> 76e4dd8fedfbdecc96479bcc0bf842a9 propertunity replied to the topic Does the Neighbours properties matters? in the forum Help Needed! https://www.propertyinvesting.com/topic/4400589-does-the-neighbours-properties-matters/#post-4628230 Mon, 19 Jul 2010 06:00:26 +0000 M Y wrote:
How can I be sure that this is so.  Do I just call up council and ask them.

  Yes, call and ask.

M Y wrote:
What did you do?  Did you end up buying the property anyways? 

Yes, purchased at a discount. It was only one dud property next door though – not a street full. Also now, that owner passed away and there are new owners who hav…[Read more]

]]> 3c20e4ce0817d1a1bde869a87174cbc9 propertunity replied to the topic What does "passed in" in auction mean? in the forum Help Needed! https://www.propertyinvesting.com/topic/4400596-what-does-passed-in-in-auction-mean/#post-4628283 Mon, 19 Jul 2010 05:47:59 +0000 the_kurniawans wrote:
Thank you. And what is the difference with passed in after vendor's bid?

As Scott said, "Bidding on the property failed to reach the vendor's reserve price," even after the vendor made a bid on thier own property. So in effect, no-one at the auction thought it was worth more than the vendor's bid and it did not reach…[Read more]

]]> ffb1c23fcb8459c31b3e80bae3b371b0 propertunity replied to the topic Are Destiny Financial Services the real deal? in the forum Help Needed! https://www.propertyinvesting.com/topic/4400591-are-destiny-financial-services-the-real-deal/#post-4628242 Mon, 19 Jul 2010 05:44:31 +0000 lisamills wrote:
I was a bit taken aback by the fee (2 day training course at $2950) plus if I need assiatance with property acquisition it will cost $5990 (includes the training in this price).

For that kind of money, you can tell a buyers agent exactly what you are looking for and he/she would go out and deliver it to you on a silver platter.…[Read more]

]]> d5d177568d4ccb4c7660492deda90654 propertunity replied to the topic Tax Deduction on recent purchase in the forum Help Needed! https://www.propertyinvesting.com/topic/4400606-tax-deduction-on-recent-purchase/#post-4628314 Mon, 19 Jul 2010 05:39:05 +0000 harrip wrote:
Hello I purchased an investment property on 9 July 2010.

Congrats!

harrip wrote:
I was looking to obtain a depreciation schedule on the property, but an accountant advise I may have to wait until the next financial year to be able to obtain the deductions. Is this correct?

No, you will be able to claim deductions in the…[Read more]

]]> 7807c08a52b3ca824b3c6ca351aa6797 propertunity replied to the topic Can anyone recommaned a good building inspecting company with structural guarantee on the report for 12 months+? And Costs? in the forum Help Needed! https://www.propertyinvesting.com/topic/4400544-can-anyone-recommaned-a-good-building-inspecting-company-with-structural-guarantee-on-the-report-for-12-months-and-costs/#post-4628001 Wed, 14 Jul 2010 21:24:29 +0000 housegoodies wrote:
Does the structural guarantee transfers to the next person when the property is sold say within 1 year of construction?

My understanding is that the builders warranty is transferrable. Why not give the HIA or MBA in WA a phone call just to confirm?

]]> a2d29d3b174913c5ab3de8a6b7a17470 propertunity replied to the topic Buying Agents....Are they good or bad? in the forum Help Needed! https://www.propertyinvesting.com/topic/4400486-buying-agents-are-they-good-or-bad/#post-4627669 Wed, 14 Jul 2010 07:07:13 +0000 dtrump wrote:
I find it confusing that they take a 2% fee….how is that incentive to get a lower price for you?

It is not regulated – just like the REA selling – it is whatever the BA and you can agree on. Some charge a fixed fee – which I think is better. Some charge a % of the purchase price. Some charge a % of the saving they get you off…[Read more]

]]> 59577451c26ad4e371642d6433d564b5 propertunity replied to the topic Sell to fund renovation? in the forum Help Needed! https://www.propertyinvesting.com/topic/4400518-sell-to-fund-renovation/#post-4627823 Wed, 14 Jul 2010 07:02:55 +0000 Your Q boils down to: Should I sell a good performing IP to get cash to fund a better PPOR for myself?So sell an investment to fund my own lifestyle? It is up to you – but not the best choice to build investment portfolio.

]]> aae50bc12775a0869a705948d3b1031b propertunity replied to the topic New to Investment Property in the forum Help Needed! https://www.propertyinvesting.com/topic/4400521-new-to-investment-property/#post-4627859 Wed, 14 Jul 2010 06:59:31 +0000 The problem you are going to have with 1brm studios is one of financing them. If <50m2 it can be done but there are a limited number of lenders who firstly will do it and secondly will do it at a decent LVR.Depending where the studios are, they will do OK with CG – but this is dependant on location and the (large) management fees involoved with…[Read more]

]]> 30655cb5fdd468041f8a0d869c248a51 propertunity replied to the topic Can anyone recommaned a good building inspecting company with structural guarantee on the report for 12 months+? And Costs? in the forum Help Needed! https://www.propertyinvesting.com/topic/4400544-can-anyone-recommaned-a-good-building-inspecting-company-with-structural-guarantee-on-the-report-for-12-months-and-costs/#post-4627999 Wed, 14 Jul 2010 06:35:44 +0000 housegoodies wrote:
Can anyone recommaned a good building inspecting company

  It would help if you mentioned where you were. Ones we use are approx $400.

housegoodies wrote:
Find one on the net but the costs is $860 and it does not even offer structural guarantee.

I'm pretty certain that structural guarantees come from the original builder…[Read more]

]]> caf3d7c0383957dfb782efd76dd9fb28 propertunity replied to the topic question about getting started in the forum Help Needed! https://www.propertyinvesting.com/topic/4400543-question-about-getting-started/#post-4627988 Wed, 14 Jul 2010 06:31:42 +0000 shaun3055 wrote:
My question is (finally) that how does an average person get involved in property investing and i really want to hear the stories of people who have become property investors from working an average job, and how on earth they did it?

Hi Shaun,Most property investors are average people on average incomes.Can I suggest you also…[Read more]

]]> ffc57b930f5837ec7c7e03bd908f517b propertunity replied to the topic Novice needing HELP! in the forum Help Needed! https://www.propertyinvesting.com/topic/4400463-novice-needing-help/#post-4627549 Wed, 14 Jul 2010 06:27:45 +0000 jowoodcroft wrote:
We want ………to fast track our finances

OK, just a general comment. If you want to fast track things, buying and selling a PPOR after a reno every 5 years, is not going to cut it for you :). Sure you save on CGT but 1 every 5 years?? You need to be living as cheaply as possible yourselves and this probably does not mean…[Read more]

]]> ac7a41aee5197b80f859c2e8adaec0fb propertunity replied to the topic next move in the forum Help Needed! https://www.propertyinvesting.com/topic/4400560-next-move-2/#post-4628066 Wed, 14 Jul 2010 06:15:25 +0000 elliptical wrote:
…. should i start to look at investing into  ip or look into shares 

Ultimately you should look to doing both. When you start off (and congratulations for making the decision to do so), you tend to be overbalanced into one or the other – i.e. you get keen on property and end up with 5 x IPs and no shares. Then it is time t…[Read more]

]]> 3c304edeb2b3ad721be046e56559d563 propertunity replied to the topic Property next to a train line in the forum Help Needed! https://www.propertyinvesting.com/topic/property-next-to-a-train-line/#post-4626921 Mon, 28 Jun 2010 04:19:04 +0000 Woodie wrote:
What are your thoughts on buying a property so close to a railway line?Does it affect prices etc.

Yes it affects prices Woodie…..and No, I would not do it. It is not ideal for resale, CG or tenants.

]]> 104465a40b66124a938da3aee7d7e710 propertunity replied to the topic Townhouse/Villa/Unit Positioning in the forum Help Needed! https://www.propertyinvesting.com/topic/4400357-townhousevillaunit-positioning/#post-4626926 Mon, 28 Jun 2010 04:14:36 +0000 I agree with Scott. Units at the front can be subject to road noise and other owners cars coming and going from the complex.It all depends on the block itself. Some blocks are in quiet streets but the rear units back onto railway lines and therefore are worth less than the front ones. Top floor units sell for more than mid-floor or ground floor.…[Read more]

]]> 68e00f7c3d2683f7ece4ac3eade4cfb7 propertunity replied to the topic How many properties do we need to inspect before we buy in the forum You know that you've done https://www.propertyinvesting.com/topic/4400332-how-many-properties-do-we-need-to-inspect-before-we-buy/#post-4626796 Mon, 28 Jun 2010 04:08:33 +0000 You know that you've done enough homework when you can walk into any property in your chosen area and pick the right price to within $10K or so.  Otherwise if you can't do it or don't want to spend the time, outsource it…….but either way it has to be done….by someone.

]]> 5b1bbe5c8ea60a930d4ebe3def0ea2d6 propertunity replied to the topic Interstate Investing in the forum Help Needed! https://www.propertyinvesting.com/topic/4400365-interstate-investing-4/#post-4626965 Mon, 28 Jun 2010 04:01:02 +0000 At the risk of sound a little self-serving, many property investors when buying interstate, engage the services of a Buyers Agent to help them. You have to weigh up the cost of their fees Vs your own air travel, car hire, meals & accom for yourself to do a few trips to your intended destination and be in the right place at the right time.

]]> ae46fa17aa1a1c6420972e3711eb1182 propertunity replied to the topic Help needed with 1st investmant in the forum Help Needed! https://www.propertyinvesting.com/topic/4400382-help-needed-with-1st-investmant/#post-4627060 Mon, 28 Jun 2010 03:56:41 +0000 loki8484 wrote:
What is the best statergy to use when I have more than en expected house deposit

The obvious answer is to buy more than 1 house :)

]]> 44716d2ba1412c711e8bf3199cae58fb propertunity replied to the topic Cheeky neighbour stole items before settlement. What to do? in the forum Since you have not settled https://www.propertyinvesting.com/topic/4400383-cheeky-neighbour-stole-items-before-settlement-what-to-do/#post-4627063 Mon, 28 Jun 2010 03:54:18 +0000 Since you have not settled on the properties, it is the owner's problem. Get him to fix it / sort it out, before settlement – and delay settling until it is sorted. The property must be delivered to you in essentially the same condition as it was when you inspected it and offered to buy it (excluding those items on the inclusions/exclusions list…[Read more]

]]> 86f141d0aeb4f45aeca89b1ec465268a propertunity replied to the topic insurance when >1 lease in the forum General Property https://www.propertyinvesting.com/topic/4399987-insurance-when-1-lease/#post-4624731 Mon, 21 Jun 2010 06:38:10 +0000 Not a recommendation, but you could also try here:http://www.pbinsurance.com.au/index.php/products_services/student_accommodation/

]]> 01c66c67bee1aa01ee8786b1172818d2 propertunity replied to the topic Is chippendale good area to invest? in the forum Help Needed! https://www.propertyinvesting.com/topic/4400259-is-chippendale-good-area-to-invest/#post-4626120 Mon, 21 Jun 2010 06:30:44 +0000 Chippendale is fine – close to the CBD etc and good CG. Be wary of buying 1brm studio's though.

]]> 96d4fd23a67ab5ebd011fe36a7998717 propertunity replied to the topic Terminating Rental Property Management Contract in the forum Help Needed! https://www.propertyinvesting.com/topic/4399511-terminating-rental-property-management-contract/#post-4622065 Sun, 18 Apr 2010 06:07:23 +0000 pijoko wrote:
If the contract between us and the property manager is terminated, does that mean the tenancy contract needs to be rewritten between just ourselves and the tenant?

The tenancy contract (lease) is already between you and the tenant – just read the lease :). The agent merely negotiated and signed for on your behalf. So terminate the…[Read more]

]]> b7e3093a205d293047c69742574f24fc propertunity replied to the topic Rental Return Wetherill Park Sydney in the forum Help Needed! https://www.propertyinvesting.com/topic/4399487-rental-return-wetherill-park-sydney/#post-4621831 Sun, 18 Apr 2010 06:01:36 +0000 trustieone wrote:
…… what percentage return an ivestor would want,then I could work out as to what it might be worth.

We buy a lot of these types of dual income properties for our investor clients. Generally speaking the kinds of yields are between 7 > 8% or a fraction more.HOWEVER, this yield cannot be used as the basis of valuing the…[Read more]

]]> f77ff94e1b279a40456d2a234e333f3d propertunity replied to the topic Advice needed for first time investing. Sydney in the forum We buy in Sydney a lot for https://www.propertyinvesting.com/topic/4399564-advice-needed-for-first-time-investing-sydney/#post-4622395 Sun, 18 Apr 2010 05:49:40 +0000 We buy in Sydney a lot for various clients all over the world and for some based in Sydney.If you have specific Q's I'd be happy to answer them for you.

]]> 12862c241a1f2d059b8be1be02cf605f propertunity replied to the topic Need advice/help- want to convert garage 3m wide X 9m long into granny flat to get more rent. in the forum I think you'll find the https://www.propertyinvesting.com/topic/4399573-need-advicehelp-want-to-convert-garage-3m-wide-x-9m-long-into-granny-flat-to-get-more-rent/#post-4622422 Sun, 18 Apr 2010 05:45:47 +0000 I think you'll find the answers you are looking for in this document (if you are in NSW): http://www.planning.nsw.gov.au/plansforaction/pdf/Affordable%20Housing_Fact_Granny%20Flats.pdf

]]> f8ec0e764f469b75ca218c6ef252e7d7 propertunity replied to the topic Is the FHOG compromised when friends are 'boarding'? in the forum Help Needed! https://www.propertyinvesting.com/topic/4398569-is-the-fhog-compromised-when-friends-are-boarding/#post-4616009 Mon, 01 Feb 2010 08:45:33 +0000 It's perfectly legitimate to accept contributions to household expenses and not declare them, provided 1) you're not doing it primarily for profit (eg if this was your primary source of income), and 2) you don't claim the expenses they're helping pay, such as mortgage interest. The contributions are not income; it's just that you pay all the…[Read more]

]]> 2f37d158398fe483ed215ffaa50e4b4b propertunity replied to the topic Unemployment looming! Should I sell my properties? in the forum Help Needed! https://www.propertyinvesting.com/topic/4398574-unemployment-looming-should-i-sell-my-properties/#post-4616032 Mon, 01 Feb 2010 08:21:44 +0000 I agree with the others.1. Start looking for another job.2. Talk to your lender. Perhaps they may be able to offer you a "repayment holiday" if you have enough equity in the investment properties?3. Use savings to cover holding costs until you replace your income.

]]> 2d2c98bff85f8c05f6a3bee132bdba07 propertunity replied to the topic Growth figures by suburb in the forum Help Needed! https://www.propertyinvesting.com/topic/4398014-growth-figures-by-suburb/#post-4612585 Tue, 08 Dec 2009 04:04:26 +0000 brrmmm wrote:
I'm wondering where I can ascertain information about historical growth figures by suburb.

You can get freebie one suburb at a time from: http://www.myrp.com.au/showProductDetail.do?reportTypeId=1&propertyId=

brrmmm wrote:
Are there websites that I'm missing or do I need to purchase reports. 

You'll probably need to purchase…[Read more]

]]> 099905de3883b0faefea6bcb323264e6 propertunity replied to the topic Buying First Property In a Housing Estate in the forum Help Needed! https://www.propertyinvesting.com/topic/4398018-buying-first-property-in-a-housing-estate/#post-4612596 Tue, 08 Dec 2009 03:56:43 +0000 xpress wrote:
1) Say initially I live in the property and have P&I loan but then 2 years later I decide to rent it out and treat it as an investment property for taxation purposes am I able to refinance the loan to interest only?

Yes. Better in my opinion to do IO from day 1 if you plan to make it into an IP in the future. Park any excess cash…[Read more]

]]> 718ceefaf30b9b04336ca1cfc09ee8f0 propertunity replied to the topic Development options on an investment property in the forum Help Needed! https://www.propertyinvesting.com/topic/4398024-development-options-on-an-investment-property/#post-4612615 Tue, 08 Dec 2009 03:46:57 +0000 fishmeet wrote:
I need to work out what is most likely to get approval. Do I seek out a local architect, building designer or is there another source of reliable advice?

I would make an appointment with the Town Planner at the local council – he/she will be able to shed some light on your options.

]]> 79ab22905061bb4bc626239dbf1726aa propertunity replied to the topic Buyers Agents-- Your honest opinion. in the forum Help Needed! https://www.propertyinvesting.com/topic/4397791-buyers-agents-your-honest-opinion/#post-4611415 Sat, 21 Nov 2009 21:33:00 +0000 Look there are many different set ups you can have with Buyers Agents. Some charge a joining fee and an annual subscription fee to be informed of properties they find. Some like us just charge a flat fee. Positive cash flow properties can be found in major metro areas like Sydney or regionals like Newcastle….but they are hard to find. If they…[Read more]

]]> 9f612d76255fe8ab2b9470666be360bf propertunity replied to the topic Good Quantity Surveyor Melbourne? in the forum Help Needed! https://www.propertyinvesting.com/topic/4397817-good-quantity-surveyor-melbourne/#post-4611495 Sat, 21 Nov 2009 21:19:20 +0000 <!– /* Font Definitions */ @font-face {font-family:Wingdings; panose-1:5 0 0 0 0 0 0 0 0 0; mso-font-charset:2; mso-generic-font-family:auto; mso-font-pitch:variable; mso-font-signature:0 268435456 0 0 -2147483648 0;} @font-face {font-family:"Cambria Math"; panose-1:2 4 5 3 5 4 6 3 2 4; mso-font-charset:1;…[Read more]

]]> 76c0dd9b14bfd54776aced29778ada6f propertunity replied to the topic Granny flat pitfalls or plusses? in the forum Help Needed! https://www.propertyinvesting.com/topic/4397828-granny-flat-pitfalls-or-plusses/#post-4611525 Sat, 21 Nov 2009 21:11:33 +0000 CazzieP wrote:
Assuming we can get council approval what should we know about doing this for rental income?

Which state are you in CazzieP?If in NSW there is good news for you: http://www.planning.nsw.gov.au/plansforaction/pdf/Affordable%20Housing_Fact_Granny%20Flats.pdf

]]> 8a269029a58bd6400f402e2414539746 propertunity replied to the topic Investing $70k in the forum Help Needed! https://www.propertyinvesting.com/topic/4397780-investing-70k/#post-4611345 Sat, 21 Nov 2009 21:08:11 +0000 Maybe check out https://www.igrin.com.au/default.aspxI've never used it to lend or borrow but it looks like an option for you perhaps (??)

]]> 1b9b67687f601e7054032f48a50b622a propertunity replied to the topic How to find out who owns a property to make them an offer? in the forum Help Needed! https://www.propertyinvesting.com/topic/4397852-how-to-find-out-who-owns-a-property-to-make-them-an-offer/#post-4611582 Sat, 21 Nov 2009 21:05:39 +0000 FordGT18 wrote:
Call me chicken, but there is NO way I'm going up to knock on the front door. :(

And just one more way Matthew, would be to hire a local buyers agent to do some investigating for you (he/she will have access to same info the real estate selling agents have), advise you of market worth and do the negotiations for you as well.

]]> 5f6eeaf227416b32a7a26d9062bfce9e propertunity replied to the topic I need brutally honest advice from real estate agents past or present (or anyone else for that matter) in the forum Help Needed! https://www.propertyinvesting.com/topic/4397709-i-need-brutally-honest-advice-from-real-estate-agents-past-or-present-or-anyone-else-for-that-matter/#post-4611142 Sun, 08 Nov 2009 21:00:57 +0000 Operating as a RE agent first will give you a good grounding in the laws as they apply to RE in Australia. It will also allow you to see what happens in the whole "crunch the vendor", "condition the vendor", get the buyer higher" process. Later as a BA you will be able to use all of that experience to get the best deal possible for your buyer…[Read more]

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