No, it’s imposible to buy positive cashflow property in Australia…

And that “aero-plane” thingamajig will *never* fly! []

Seriously though… your brain will give you the answers to the questions you ask… A better quality of question may be “*how* do you buy positive cashflow property in Australia?”

Just a thought!

Quasimodo…[Read more]

Bewdy! [] Thanks Esskey!

BTW, how’s the weather in Quatar at the moment? []

Quasimodo [^]

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It seems to me that action has a most magic way of answering all the questions our fearful mind tries to throw before us…
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Thanks Everyone!

Oh and FW, yes, I know that in the book Quasimodo doesn’t get Esmarelda but, hey! we’ve never been ones to do things the traditional way (our wedding vows included promises “to adventure together towards our most magnificent and cherished visions”! []).

Steve – you’re so right regarding always working on making your relationship…[Read more]

A couple of ideas…. if you’re not doing them already!

1) Listening and asking questions: You can’t solve a problem without knowing what it is. If you can find out exactly what the vendors need, when, how and why they need it your chances of finding a unique solution that flies will surely go up.

2) sales – Keep presenting your offer (to the…[Read more]

I wouldn’t be even thinking about this until it’s cleared with the ATO Gunner… unless you have one excellent exit strategy! []

Quasimodo [^]

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It seems to me that action has a most magic way of answering all the questions our fearful mind tries to throw before…[Read more]

Hey Steve!

Nice article! I especially loved the clarity of the “guaranteed losses versus potential capital gains part”. I wonder how many “investors” today honestly believe that a property market is *ever* capable of a correction?

Quasimodo [^]

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It seems to me that action has a most magic way of…[Read more]

Hey Soosh!

Have you tried ye olde trick of offering a bonus to the first person to sign a lease on it? Usual examples include a book of movie tickets or even a DVD player for a longer lease – people usually imagine they cost much more than cheap ones can be bought for!

I have a couple of friends who have tried this after a long vacancy period,…[Read more]

Hi Steve…

A couple of points before my suggestions:

1) As someone who worked somewhere [] promoting John Burley for quite some time, my opinion is that your biggest unique advantage (or USP) is that you know how to do it in AUSTRALIA! I’d get that in somewhere.

2) 36 months sounds shorter to me than 3 *years*.

3) You may choose to look at…[Read more]

By the way Soosh

If you want to talk Steve into adding spell checking to this forum, you “may” [] want to let him know he can legally download a spell check modification for the forums here…

http://forum.snitz.com/forum/topic.asp?TOPIC_ID=43043&SearchTerms=spell,check

Think of it as a get well present!…[Read more]

Best wishes Soosh!

You’re in our thoughts as we wish you a speedy and happy re-tune!

Quasimodo

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It seems to me that action has a most magic way of answering all the questions our fearful mind tries to throw before us…
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If you go to either the finance wraps forum or the John Burley forum, they both keep track of which messages you’ve viewed and which are new. This way, intead of being told that there are new posts somewhere on the purple foldered topic, you can see which ones you actually haven’t read before (eg the last 3 posts on this topic are new).
This is…[Read more]

Does anyone know when WG is actually due to go on sale to the general public?

There’s a bundle of dollar notes here with Steve’s name on them… []

Quasimodo

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It seems to me that action has a most magic way of answering all the questions our fearful mind tries to throw before…[Read more]

Seems to me that if the tennants bought a house they would have to pay their excess water and bottle rental, so why would it be different given that they bought the house on (your) vendor finance?

Personally I’d try and have it included in their contract that they pay it to me and that I pay to the utility companies. That way if they “forget” to…[Read more]

Dn’t warrie Sueshi…

Wee alll ned a leetle hlp sumtimes! Cood their bee a korelashun beetween baird speling adn massif suksess? Yoo adn Steav bofe seme too bee dooing wel, sew muy noo plahn is too joyn yoos!

Maye yor deels be fabyoolus adn yor speling kreatif!

Kwazeemodoh []

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It seems to me…[Read more]

Beautiful! Just beautiful…. []

Quasimodo

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It seems to me that action has a most magic way of answering all the questions our fearful mind tries to throw before us…
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quote:
I don’t have the mag’s website address handy but should be easy to find. Alternatively buy a copy at a newsagents.

[] http://www.apimagazine.com.au/pages/magazine/software.html

Quasimodo

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It seems to me that action has a most magic way of answering all the questions our fearful mind…[Read more]

Hi Nadine!

Welcome to the board!

As to finding a good solicitor, foremost I’d look for one with experience in the area you’re looking at (eg wraps) or failing that, someone who at least is open to the *possibility* that it may be doable. In Sydney you can check out Tony Cordato (his website is at http://www.businesslawyer.com.au and the number is (02)…[Read more]

LOL! Happy to help however I can, although there’s many on this board more knowledgable than I!

Many of the fees you mention (water, shire rates, most repairs etc) are actually paid by your tennant buyer if you are doing wraps, helping your return (of both time and money) considerably! []
Others (such as strata fees and management fees) can be…[Read more]

Sounds like a great investment to me!

I see the figures being something like this:

every $1 on painting = $4 back at sale
every $1 on cleaning = $6.50 back at sale
every $1 on lawn-mowing = $9 back at sale
every $1 on exorcism = $25,000 back at sale (priests don’t tend to charge much…[Read more]

Howdy Praet!

First up, congratulations on getting that first (and soon second!) investment property all by yourself! Many would choose to use the less than %1,000,000 enthused spouse as a great excuse for a life of mediocrity, so you’re obviously willing to do things a bit differently for a better life.

Just out of interest, why are you…[Read more]