Hi all,

I have been thinking becoming a broker for a long time, and finally this I enrolled myself Certificate 4.

Just wondering what is different between MFAA and FBAA ? ( all I know is MFAA needs diploma and FBAA just required Certificate 4) ?

What about the aggregator ? Does most of the aggregator require to brokers to have MFAA or FBAA ?…[Read more]

I did it before.

Nothing wrong, a broker set up for me.

It’s a very inspirational story !

Thank you for sharing :)

Hi,

I read a lot, talk to people in the industry a lot, listen to all the good, bad and ugly about so called “mentor”, “coach”, “expert”. I learnt a lot over the years.

There is no right or wrong way to invest in property.
A lot of time, I found it’s just “common sense”, not the “rocket science”.
Just get on realestate.com find a property…[Read more]

I see, thank you for the information.

Do I need a traffic consultant on board for my DA application ? therefore the cost of planning process increase?

Make sure you have loan or finance in place…. but I guess this also apply in other place not only Sydney

Maybe give us an example what you want to buy or may want to buy, then we can help you figure out what to look out for.

As Jamie said the question is too broad, it’s hard to answer it…….><

I think Richard you are right, I did recall him told me he is in the commercial lending area.

This sparks another interest questions.

What’s the difference between residential lending and commercial lending ?
How does a bank classify the a kind of lending is belong to commercial or residential ?

Say for example, if I purchase a 5 bedroom house…[Read more]

I had similar kind of experience. I chased up the agent for the rent which they didn’t pass on to me for months !!!!

What I did was, call the agent everyday ( serious ) and email them everyday. give them a deadline.
Also tell them before this deadline if they don’t pass on all the rent to you. you will report to the Fair Trading office.

Must…[Read more]

Thank you guys

I totally agree with all the helpful advice from everyone above.

If you can, go down to the area, walk on the streets, talk to the people on the street you will find out a lot more things on the ground !

When I research an area, I like to talk to some local real estate agents, attending some auctions, talk to people at the auction see what they…[Read more]

Also ask some of the local real estate agents, they will give you some useful opinion on how to stage to suit the local market.
plus they may have some useful tips/contacts to help maximising your staging return.

Thank you for all the information everyone above.

I thought I just share something with everyone here.
A couple of months ago, I had a chat with a friend of mine who works as a lending manager in one of the lending institutions (not big 4 bank). I always fascinated on how big development and business loan works.

He told me the bank is happy to…[Read more]

Hi Engelo,

Honestly, I prefer the camera and video you are doing right now !!

Too many agents and marketers focus on pretty video and camera, they forgot about a real deal is the property&number itself !

Focus on deals, don’t worry about the expensive camera.

Rock on ! young man !

Both of you and sale man making sense.
His job is to sell you something to make money for himself.
Your job is to buy something to make money for yourself.

Off plan is a good way to make money, ONLY if you know in and out of the development process & finance behind the scene.
Most people DO NOT know all the in and out about the development…[Read more]