Hi Aore

I agree with Melanie’s comments about seminars in general. Based in Milton we have wrapped over 120 properties in Queensland ourselves and roughly the same again for our Investors. Save the money and use it towards your next property. Same as Melanie happy to give you a overview of Lodoc loans if you need it.

Cheers…[Read more]

Hi battz

You might be referring to the new Pepper Home Loans product with a variable rate of 7.95%. In broad terms minimum loan is $100,000, maximum loan depends on where you are but upto $500,000 in Sydney.

Capital cities and approved regional centres vary from State to State but a lot of small towns (pop over 10000 are covered). $325…[Read more]

Hi wannabe

Most lenders on a limited docuentation basis and subject to the security area will advance upto 80% of the security value. In rough terms assuming that all of you properties were in an acceptable lending postcode then 80% of $840K would be $672K and give you a further $272K. More than enough for a few more properties Happy to provide…[Read more]

Hi vluu

I agree with Terry on this one. If you are considering investing in property as a full time business apply for an ABN now. I have several clients who were income poor although asset rich before they started in investing in positive cash flow properties and wrapping.

Cheers Richard
richard@fhog.com.au

There is no such thing as a…[Read more]

rorqhaul

Another reason for buying in Queensland

Cheers Richard
richard@fhog.com.au

There is no such thing as a problem.
Just a solution waiting to be found

Des & Sue

Don’t let the word Flood put you off. In Brisbane the 74 flood was the catalist for mitigation work around the city and now most areas are below the Q100. Of course there are exceptions especially in the Rocklea and Salisbury areas. In Rockhampton it has been 11 years since the last major flood in the Fitzroy river and the general…[Read more]

Hi navymt

Why not buy one now, wrap it and use the positive cash flow as deposit for the next one. Alternatively, use the extra cash flow to discharge your other non tax deductible debts. Cairns is not a bad area but think about the extra costs on a unit such as Body Corporate costs.

Cheers Richard
richard@fhog.com.au

There is no such thing as…[Read more]

Hi VPA

We have wrapped over 20 properties in Rockhampton and now have a full time agent in the town working for us. Gracemere has a post code of 4702 and can be a problem with certain financiers or rather their MI’s.
There are better areas which meet the 11 second rule however depends if you are buying to wrap or buying to hold & keep.

Cheers…[Read more]

Andrew

Would love to attend.
If you need an central venue with parking we have a vacant whole floor with kitchen attached and would be happy to host it. We are Milton 4 doors away from Suncorp Stadium.

Cheers Richard
richard@fhog.com.au

There is no such thing as a problem.
Just a solution waiting to be found

Hi Skalle

Welcome to the forum.
It all depends on what you are after. If you are after capital gain or positive cash flow.
Having lived in Brissie now for 10 years I guess I have seen both and been lucky enough to have purchased IP’s for capital growth when I first arrived and now only buy +cashflow wrapped properties. Only problem is you might…[Read more]

Jonesy

Simon is right. No problems in doing it. Its what you could call very positive cash flow.

Cheers Richard
richard@fhog.com.au

There is no such thing as a problem.
Just a solution waiting to be found

Shezian

I have to say I agree with Calron. As long as your tenant / licensee can demonstrate through their income that they can service your rent or Licence fee payments why not take unemployment income or other Government assistance into consideration. The maximum rent allowance paid by Centrelink is just under $125 / fortnight which can be…[Read more]

Hi vik_fam

I agree Steve & Dave have had deep pockets but it certainly not out of the question. We have ourselves purchased over 100 properties in the past 3 years but now accept that we have run out of deposits. Whilst I appreciate what Mortgage Hunter referred to by redrawing the equity in your property for the next deal he may not be aware…[Read more]

Hi gargar

Not sure what State you are looking in but certainly Qld is still blessed with 101 positive cash flow properties. We certainly find that most agents don’t get chance to list the best buys as they go quickly. Lets us now if you need help and consider interstate.

Cheers Richard
richard@fhog.com.au

There is no such thing as a…[Read more]

Hi There

Pictja i think you will find that they scraped the minimum asset requirement some time ago. Minimum lend is $150,000. Also will go to < 50sq M2 depending on the number of units in the block and the height of the building. Normal rates apply.

Cheers Richard
richard@fhog.com.au

There is no such thing as a problem.
Just a solution waiting…[Read more]

Dear Lynchy

Dont dispare. Sounds to me like you have started up with a good asset base and some sound income generating properties.If you need to be pointed in the right direction for a positive cash flow property we would be happy to assist.
I can assure you I have many client’s who would love to be in your position. Always happy to give you a…[Read more]

Hi Redlilia

Think we are all looking to find next area in Brissie or the GC which will give us great Capital Growth. Was out with one of the Residential Directors of HTW last Friday and I don’t think they can believe how hot the market is at present. Don’t sell yourself short there are many areas in the whole of Qld where we are getting good…[Read more]

Balance of what I was going to say was you will have no problem in finding work with a trade like you have. If any problems come upto Brisbane we have a queue a mile long of people wanting a reliable plumber. Anyway whatever you decide i am sure you will enjoy it just might miss the warm beer and the Saturday soccer for a week or two. Good…[Read more]

G’day rdadrday from a fellow Pom

Firstly $133 GBP (sorry my keyoard doesnt have the Pounds sign) seems very cheap. I still have a few properties in Bournemouth and the area is almost equivialent to London prices. If you havent been here yet i would personally settle in, find you feet and then decide. I have come across many a fellow Pom who came…[Read more]

Hi Redlilia

We have several properties in Ipswich and the Lockyer Valley area. If you want any advice on the area and what you get for your money please feel free to contact me.

Cheers Richard
richard@fhog.com.au

There is no such thing as a problem.
Just a solution waiting to be found