PropertyInvesting.com | scotty3 | Activity https://www.propertyinvesting.com/members/scotty3/activity/ Activity feed for scotty3. Sun, 12 Apr 2026 07:53:45 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 57f3fdedb26b15903976b8ac1eb702f1 scotty3 replied to the topic Help Finding a savings account in the forum Finance https://www.propertyinvesting.com/topic/4379880-help-finding-a-savings-account/#post-4513350 Fri, 29 Apr 2005 05:26:50 +0000 I find ING great. Money always at call, min. balance $10 to start, no fees and you can have up to 9 separate accounts under one name – great for AIPs and budgets. Currently @ 5.75%.

]]> e29ec9f961d25470c06d401da7a8367e scotty3 replied to the topic Kalgoorlie - property manager, QS, building insp. in the forum General Property https://www.propertyinvesting.com/topic/4379679-kalgoorlie-property-manager-qs-building-insp/#post-4512289 Thu, 28 Apr 2005 06:42:24 +0000 Must do to give me the best quote!
They do regular runs through the year – next one in May I think.
scotty3

]]> 01dd431c55ecfbc18cd78328df6a9341 scotty3 replied to the topic Help/tips to reach my goals. 1st timer in the forum Help Needed! https://www.propertyinvesting.com/topic/4379767-helptips-to-reach-my-goals-1st-timer/#post-4512767 Thu, 28 Apr 2005 06:37:19 +0000 Ask ’em!
Ring a couple of managing agents and ask their rates are (including letting fees and advertising), what they do for the money and also ask for client references. (Good if you can find landlords who recommend their services).
Rates for the agents I use vary between 7 and 9% of rent collected.
Apart from time leverage, there’s also the…[Read more]

]]> 6e1dba3af96c7da9b2fe0a07dfb4f0f3 scotty3 replied to the topic Bird dogging in the forum General Property https://www.propertyinvesting.com/topic/4379734-bird-dogging-11/#post-4512580 Thu, 28 Apr 2005 06:28:35 +0000 I have posted this before but being an inexperienced forum user, I don’t know how to direct you to it, so I’ll post again the following:
This is the link to the Property, Stock and Business Agents Act 2002 (current legislation).

http://www.austlii.edu.au/au/legis/nsw/consol%5fact/psabaa2002385/s3.html#agent

My interpretation of this (and that of…[Read more]

]]> 9a65d934e504397857a979d1eed0207d scotty3 replied to the topic Bird Dogs WANTED in the forum General Property https://www.propertyinvesting.com/topic/4379630-bird-dogs-wanted/#post-4512036 Mon, 25 Apr 2005 12:38:50 +0000 Hi Collo
Send me a PM and I may be able to help.
scotty3

]]> 6925d9124b18c6cf51f5ea3670725a9f scotty3 replied to the topic Kalgoorlie - property manager, QS, building insp. in the forum General Property https://www.propertyinvesting.com/topic/4379679-kalgoorlie-property-manager-qs-building-insp/#post-4512287 Mon, 25 Apr 2005 12:33:58 +0000 If you haven’t found someone yet, I have been dealing with Wades First National re. purchases and they have been good. I know they do property mangement, but you’ll need to call them for details.
BMT have given me the best QS quote so far.
Good luck,
scotty3

]]> 2110fc7ce9fc94d75224593083a78512 scotty3 replied to the topic Statistics in the forum General Property https://www.propertyinvesting.com/topic/4379733-statistics/#post-4512571 Mon, 25 Apr 2005 12:30:54 +0000 Try ABS website, residex and RP Data.
Cheers,
scotty3

]]> 99dcac8d89e33bef237801b39afc4e1d scotty3 replied to the topic Bird dogging in the forum No Subject https://www.propertyinvesting.com/topic/4379734-bird-dogging-11/#post-4512576 Mon, 25 Apr 2005 12:29:06 +0000 Hi Francisl
Unlike G7 I believe you need to be licensed as a buyer’s agent to bird dog in australia. I looked into it and became licensed for that reason.
Check other posts on the subject – there’s plenty of them.
Cheers,
scotty3

]]> 7e8835918ab8e9afa8fc0b63c0e75232 scotty3 replied to the topic pppw workshop inquiry... in the forum No Subject https://www.propertyinvesting.com/topic/4379542-pppw-workshop-inquiry/#post-4511648 Mon, 25 Apr 2005 12:21:56 +0000 There is something in this workshop for everyone and while some of it may go over your head at first, it’s still a great opportunity to learn some great fundamentals as well. If you’re just starting out though, why such a hurry – why not save a little money and book for the next Sydney one in October instead? In the meantime read, network, talk…[Read more]

]]> 256a62e92dffb478cc23355091fdf195 scotty3 replied to the topic will xstrata make an impact? in the forum No Subject https://www.propertyinvesting.com/topic/4379417-will-xstrata-make-an-impact/#post-4510924 Mon, 25 Apr 2005 12:12:39 +0000 Hi Mant
I have two IPs in Mt Isa now and they have enjoyed some good CG over the last 12 months because of Xstrata’s regeneration of the mines. Taking into account the resource boom fuelled by China and others, I don’t expect there to be a crash soon (next couple of years). When I was up there looking I noticed all the public buildings had been…[Read more]

]]> c094a86ed960a35992b8eef3d37217da scotty3 replied to the topic It's almost positive! What can we do? in the forum No Subject https://www.propertyinvesting.com/topic/4379699-its-almost-positive-what-can-we-do/#post-4512378 Mon, 25 Apr 2005 11:59:41 +0000 Hi Elitess
Do you want to hold onto the property long term? If not necessarily, and the great suggestions listed above don’t help, then maybe a lease option or wrap might be a thought.
Good luck,
Scotty3

]]> 98369e88c1dc668e355f3cd6407438b2 scotty3 replied to the topic Buyers agents/ scouts in the forum No Subject https://www.propertyinvesting.com/topic/4379730-buyers-agents-scouts/#post-4512545 Mon, 25 Apr 2005 11:49:07 +0000 Hi Liz
If you’re in Sydney PM me I can definitely help you.
Scotty3

]]> c06acaf4fe2ca857756cf3bd566375e0 scotty3 replied to the topic Help/tips to reach my goals. 1st timer in the forum Help Needed! https://www.propertyinvesting.com/topic/4379767-helptips-to-reach-my-goals-1st-timer/#post-4512758 Mon, 25 Apr 2005 11:42:15 +0000 Hi Loungeact
I reckon you should change your name – you are doing much more than most people sitting on their lounges! Good on you!
Best advice I can give is to buy a ticket to Steve’s next seminar – the sooner the better. There is more than enough info and networking opportunities there to get you started.
Take plenty of time to educate yourself…[Read more]

]]> 4d73113b42f756f0b1e6d1ba0fd495fe scotty3 replied to the topic Bird dogging in the forum Help Needed! https://www.propertyinvesting.com/topic/4379811-bird-dogging-12/#post-4512995 Mon, 25 Apr 2005 11:37:04 +0000 Hi Lee
You will find quite a bit said about bird dogging in other sections of the forum, so have a hunt. I am a licensed buyers agent – became licensed because my take on the law in Australia is that it’s illegal to do so without one, so take care if you venture into it.
As for fees, etc. that varies somewhat depending on the amount of service…[Read more]

]]> 87145ab8d14c0f3f4d1ede7a9c8590d8 scotty3 replied to the topic 11 Sec Solution in the forum Help Needed! https://www.propertyinvesting.com/topic/4379865-11-sec-solution-4/#post-4513257 Mon, 25 Apr 2005 11:25:46 +0000 Hi Demps
Together with the above,I would say that as long as all your calculations are in the same currency, it should work as it does here, but if you’re buying overseas don’t forget the impact of exchange rates, govt rulings, etc. It may make the deals look quite different.

Cheers,
Scotty3

]]> ba5b008b7d7a710a647d5459fe5bf700 scotty3 replied to the topic AIP John Burley in the forum No Subject https://www.propertyinvesting.com/topic/4379504-aip-john-burley/#post-4511431 Mon, 04 Apr 2005 05:14:17 +0000 We read John Burley a year or so ago and immediately put the AIP into action (actually we had already started something similar).

There are a couple of ways of approaching this.
1. Hire a stock broker and set up an AIP through him, giving him directions as to which shares to buy along the way.

2. Do as we did – I have a set amount deducted from…[Read more]

]]> 7f2813cf3524e60d301ea5105050abdb scotty3 replied to the topic lease option documents in the forum Creative Investing https://www.propertyinvesting.com/topic/4378903-lease-option-documents/#post-4507598 Fri, 25 Feb 2005 08:23:48 +0000 OK. Thanks Terry.

]]> 0740e5cb1554dae9b947f58406df2118 scotty3 replied to the topic Hans Jakobi, Margaret Lomas and Steve McKnight in the forum Heads Up! https://www.propertyinvesting.com/topic/4376547-hans-jakobi-margaret-lomas-and-steve-mcknight/#post-4493368 Fri, 25 Feb 2005 06:31:59 +0000 Felicity’s strategy as far as education goes is GREAT. Take the freebies, find what you are comfortable/excited about doing, look into a few of the gurus in that area and see that they’re reputable and THEN spend the money.

I too bought Rick’s wrap pack and have made multiple times what it cost. Steve’s I’m sure would do the same. It all comes…[Read more]

]]> d3a2f5de744b1ed795359b5c9cded607 scotty3 replied to the topic Re lease options in the forum Creative Investing https://www.propertyinvesting.com/topic/4377569-re-lease-options/#post-4499231 Fri, 25 Feb 2005 05:56:17 +0000 It’s already a win-win because the tenants get the chance to live in the property they’re buying, pay some of the deposit week-by-week in ‘rent’ and know the property will still be available when they are ready to buy. A good strike price should certainly be ‘in the money’, but you don’t have to forfeit all the CG unnecessarily. A ‘profit share’…[Read more]

]]> 66e9e19822e6b0fe903eaf90216f814f scotty3 replied to the topic NEW 11 SECOND SOLUTION in the forum General Property https://www.propertyinvesting.com/topic/4377417-new-11-second-solution/#post-4498142 Thu, 23 Dec 2004 02:53:25 +0000 Hi Monopoly

Yep, I suppose I have – but by accident rather than design! I had intended to hold the property as I bought before the boom on a 7.6% return. The place has increased in value by about 37% in one year. It was an Ah-Ha moment at Steve’s seminar (AFTER the new teants had signed up) which showed me that I’m not getting 7.6% anymore, I’m…[Read more]

]]> ad082c2b9497ffb98bf8e42b98633d72 scotty3 replied to the topic Spotters Fees..... in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4377402-spotters-fees-5/#post-4498060 Thu, 23 Dec 2004 02:39:54 +0000 Hi Gatsby
As Mini has pointed out, it depends on who you deal with.
I am a licensed buyer’s agent and provide due diligence reports (written and verbal) of the areas in which I am finding properties. Others may do this verbally, or just pass on a deal and let the buyer do their own due diligence.
There are a number of people out there (not all)…[Read more]

]]> beaa8a0b19fb563df7bc479793095c6e scotty3 replied to the topic Steve's Seminars in the forum General Property https://www.propertyinvesting.com/topic/4377535-steves-seminars/#post-4498990 Thu, 23 Dec 2004 02:31:25 +0000 I have been to and bought a number of seminars and Steve out-strips them all by miles in value for money. The info is great and as Robert has mentioned, the networking is great too – the value of which should never be underestimated. Steve has also said that next year’s seminars will contain different content to this year’s,. There’s ALWAYS…[Read more]

]]> 701fce5ca2ac81d29efc7e364e325f63 scotty3 replied to the topic New to IP in the forum No Subject https://www.propertyinvesting.com/topic/4377538-new-to-ip/#post-4499006 Thu, 23 Dec 2004 02:18:52 +0000 Hi Pressic

Good advice from Robert. Set your goals and decide what you are comfortable doing (reno’s or otherwise, locations, etc), then go ahead and look for a deal that suits.

Theory is great, but it won’t make you money. It sounds like you’ve been gathering theory by the bucketful, but need to apply it now. Set general limits on where and…[Read more]

]]> 92a6a744a249a27d17ff7d0cc25824c2 scotty3 replied to the topic NEW 11 SECOND SOLUTION in the forum General Property https://www.propertyinvesting.com/topic/4377417-new-11-second-solution/#post-4498140 Thu, 23 Dec 2004 02:08:39 +0000 Hi guys

I also was at both the October and December seminars and the Ah-Ha moment for me was when Steve first looked at the idea of increasing purchase price by increasing rent.

I am now applying this to one of our IP, so maybe a practical example willhelp some of you understand…

We recently signed new tenants into our house on a 12 month…[Read more]

]]> 6cf7e877afdab269f5d13660603fa376 scotty3 replied to the topic Armidale economics in the forum General Property https://www.propertyinvesting.com/topic/4377497-armidale-economics/#post-4498732 Thu, 23 Dec 2004 01:50:18 +0000 I went to uni in Armidale and still have friends I visit there. It’s a great place to live (because it isn’t industrial), but I’d wait a few years for it to be a great place to invest. My opinion is that you have missed the boat on this one. I was up there a couple of weeks ago visiting friends and looked at property, but the returns are pretty…[Read more]

]]> fbf1f4d615cc66ff2ec420a4c5db5410 scotty3 replied to the topic Do I wait for masterclass? in the forum No Subject https://www.propertyinvesting.com/topic/4377442-do-i-wait-for-masterclass/#post-4498278 Thu, 23 Dec 2004 01:30:34 +0000 If you find a fantastic deal where the numbers stack up, then why wait? If the deals you find are so-so, then wait for a goodie. There is no need to rush. Opportunities are always out there.

Having said that, the mastercalss is excellent in that you not only get great info but you also get the opportunity to network with others doing the same…[Read more]

]]> ad298bd1448579fa61aa1815c4ae1ee5 scotty3 replied to the topic Help in the forum Help Needed! https://www.propertyinvesting.com/topic/4377518-help-15/#post-4498831 Thu, 23 Dec 2004 00:48:20 +0000 I would strongly recommend Steve’s masterclass as well. Very little cost in comparison to so many others and a great opportunity not just to pick up info, but to meet other like-minded people and network together.

If you need to wait a while before buying again, use the time to get educated…

Good luck.
scotty3

]]> 153738ad212eb6005724f73d5e813902 scotty3 replied to the topic research in the forum Help Needed! https://www.propertyinvesting.com/topic/4377506-research-6/#post-4498754 Thu, 23 Dec 2004 00:20:36 +0000 Local councils and chambers of commerce can help. Many councils have demographic, economic and future delelopment data which can give you a picture of what is happening in the town.

Cheers,
Scotty3

]]> 82e65060a6b97553e410856bf5e4923b scotty3 replied to the topic 11 Second rule in the forum Help Needed! https://www.propertyinvesting.com/topic/4377091-11-second-rule-8/#post-4496128 Thu, 23 Dec 2004 00:05:39 +0000 It’s just like people have said before – do your research and have an exit strategy in place BEFORE you buy. I will buy in small towns but won’t hold for too long (one to five years before serious review). I have considered how long I will hold before I sign anything.That way you are minimising your risk.

Likewise, rather than just buy-and-pray,…[Read more]

]]> 2463cf501c27cc9904fc6b9cb21732e8 scotty3 replied to the topic Help on researching.. in the forum Help Needed! https://www.propertyinvesting.com/topic/4377289-help-on-researching/#post-4497177 Tue, 07 Dec 2004 05:43:59 +0000 There are always good deals if you know what you are looking for, but I can only strongly suggest again that you come to Steve’s seminar on Sunday before doing anything else, if you possibly can – too much in it to tell you specifically why you should.

With CG less than what it used to be in many areas, including some parts of Newcastle and…[Read more]

]]> a21b71162209ae6cb96eecf47cde3c25 scotty3 replied to the topic Where.....where......where is the info!?!?!?!? in the forum Help Needed! https://www.propertyinvesting.com/topic/4377231-where-where-where-is-the-info/#post-4496816 Mon, 06 Dec 2004 09:22:58 +0000 You can also try this link:
http://www.reports.rpdata.com.au/

Cheers,
scotty3

]]> 89def00b5e9a50094f4910256710f837 scotty3 replied to the topic selling before settlement in the forum Help Needed! https://www.propertyinvesting.com/topic/4377240-selling-before-settlement-2/#post-4496894 Mon, 06 Dec 2004 09:19:57 +0000 Hi Landt
You can advertise the property for sale once you have signed a contract on it. You can also show people through it before settlement by writing a condition in the contract that allows you to do this (usually after the contract becomes unconditional to the purchaser).

If your solicitor knows it is being on-sold, he/she will usually just…[Read more]

]]> 1d8f2ecad3022186043b295e698f5c86 scotty3 replied to the topic Help on researching.. in the forum Help Needed! https://www.propertyinvesting.com/topic/4377289-help-on-researching/#post-4497175 Mon, 06 Dec 2004 08:38:24 +0000 Hi Clarebear
Welcome to the forum!
A couple of places to look for data are Residex, RP Data, REINSW (all of whom have websites). You have to pay for reports, except for a limited free service with RP Data. If you can find a couple of decent real estate agents they can help too (though pick who you believe!).

If you are new to the investment scene…[Read more]

]]> e33a4f1b1d28f434d5b5c3c796ea7478 scotty3 replied to the topic HELP TO GET STARTED ??? in the forum Help Needed! https://www.propertyinvesting.com/topic/4377283-help-to-get-started/#post-4497160 Mon, 06 Dec 2004 08:25:15 +0000 Did you know there are around 4000 different lenders in Australia? Don’t let one or two ‘No’s’ put you off.

All lenders will want to see that you can manage your finance, so it helps enormously to go to them prepared. Have your tax returns ready to present, but also have a list of current income and expenses per week/month (Cash Flow Sheet) and a…[Read more]

]]> 5574acfec18766e648ef3fdbb80ae9cf scotty3 replied to the topic Non Rural p+ve geared properties in the forum No Subject https://www.propertyinvesting.com/topic/4377298-non-rural-pve-geared-properties/#post-4497305 Mon, 06 Dec 2004 08:11:30 +0000 Hi PropertyPlus
Welcome to the forum!
I’m not quite sure what you mean by ‘Qld’ – it sounds like you are not one to venture out of the capitals, so does ‘Qld’ include gold coast? townsville/Cairns? etc?
It would pay to do some thorough homework in light of the softening market in most (but note, not all) places. New apartments you are looking at…[Read more]

]]> 000d8cf60c117d00caabe222b07e9ea6 scotty3 replied to the topic bird-dogging legalities in the forum Help Needed! https://www.propertyinvesting.com/topic/4377286-bird-dogging-legalities/#post-4497168 Mon, 06 Dec 2004 06:53:25 +0000 We are in agreement, APerry.

Your architects are doing something similar, but different to straight bird-dogging. In fact, I wouldn’t call what you do ‘bird-dogging’. More power to you – there’s nothing wrong with networking!
[biggrin]
scotty3

]]> d84db2f901b5bee35c3eb61253e33753 scotty3 replied to the topic bird-dogging legalities in the forum Help Needed! https://www.propertyinvesting.com/topic/4377286-bird-dogging-legalities/#post-4497166 Mon, 06 Dec 2004 05:58:18 +0000 Originally posted by APerry:
The fair trading act states that you can’t act as an agent. You can act as a bird dog, as long as what you are doing does not fit the criteria given for this definition.

You just need to be careful with how you act. An example is architects, some of whom generate work by taking potential projects to their clients, in…[Read more]

]]> 5ade7bcf773e621a175556c126753214 scotty3 replied to the topic WE BUY HOUSES 12% return in the forum Finance https://www.propertyinvesting.com/topic/4377280-we-buy-houses-12-return/#post-4497122 Sun, 05 Dec 2004 12:33:20 +0000 The tax break on the 6.5% you are paying. [suave2]
12% isn’t bad for starters. Your money is not leveraged though. You could buy a property yourself using the $40000 as deposit and possibly make a higher return…. depends on how ‘active’ you want to be with your investing. I can recommend Rick as a sound businessman if you’d rather have someone…[Read more]

]]> 996e7206573a3cc1fde9a850ff7c9da3 scotty3 replied to the topic Investment in Mining Towns in the forum General Property https://www.propertyinvesting.com/topic/4377199-investment-in-mining-towns/#post-4496696 Sun, 05 Dec 2004 12:15:32 +0000 Yep.
New huge multi-national has come and bought the mine and there is a new life to the place. Hundreds of new employees are being brought into the town and they have to live there (no fly-ins) with their families. Big housing shortage at present.

Govt buildings were refurbished in the last year (govt won’t spend money like that for no reason)…[Read more]

]]> 21f1c8732a926f362cccd536cac387f1 scotty3 replied to the topic Avoid the property Investing rip in the forum General Property https://www.propertyinvesting.com/topic/4377151-avoid-the-property-investing-rip/#post-4496454 Sun, 05 Dec 2004 10:27:31 +0000 I watch what they banks offer with fixed interest rates – they don’t get it wrong too often. Right now, that would suggest there is still some breathing space before any great interest rate hikes- though they have to come some time, so there’s no room for compacency!

Cheers,
scotty3

]]> 5e2c17d359ebb63cf3681729a1921b06 scotty3 replied to the topic Investment in Mining Towns in the forum General Property https://www.propertyinvesting.com/topic/4377199-investment-in-mining-towns/#post-4496694 Sun, 05 Dec 2004 10:21:47 +0000 I’ll bet your capital gains in Mt Isa are looking a lot better now, and will be even better next year! And returns are still pretty high too (higher than what you are quoting elsewhere).

Do you want cash flow or CG? Do your homework thoroughly and if you do go for another mining town, at least make sure it’s a different commodity and mining…[Read more]

]]> c36a3c0eade458caeed365896152eb25 scotty3 replied to the topic market resources in the forum General Property https://www.propertyinvesting.com/topic/4377248-market-resources/#post-4496932 Sun, 05 Dec 2004 10:04:09 +0000 Hi Kooshti
Welcome to the forum!

RP Data provide limited free suburb profiles. Check this link:
http://www.reports.rpdata.com.au/

They include general population data and median prices and growth over the last 10 years for that postcode. If you want to be more specific you may have to pay some money for a more specialised report…

good luck!
Scotty3

]]> 92bb09ff986cb1da044ad722b49d6fbf scotty3 replied to the topic Landlord Insurance in the forum Help Needed! https://www.propertyinvesting.com/topic/4377229-landlord-insurance-5/#post-4496809 Sun, 05 Dec 2004 09:46:32 +0000 I have a wrap in Qld and had some interesting discussions with insurers as to whether conventional landlord insurance would cover the wrap scenario. Some insurers found it too hard and didn’t want to know. In the end, I went with AAMI who have assured me that their policy will be honoured on a wrap.

Good luck!
Scotty3

]]> 5084525804256045845920635873c573 scotty3 replied to the topic Vacancy rates and rental strenghts in the forum Help Needed! https://www.propertyinvesting.com/topic/4377268-vacancy-rates-and-rental-strenghts/#post-4497087 Sun, 05 Dec 2004 09:37:40 +0000 Hi Duritz
Welcome to the forum!
As far as I know there isn’t an index that you can look up that shows vacancy rates. Your best bet is to research towns that fit your budget/property profile and then ring a few agents in the area and ask about vacancy rates. They can change fairly quickly (within months) and I don’t think any magic list would be…[Read more]

]]> de86156a1a865fc8e0cea822ebee833b scotty3 replied to the topic Info on We Buy Houses in the forum Help Needed! https://www.propertyinvesting.com/topic/4377026-info-on-we-buy-houses/#post-4495732 Sun, 05 Dec 2004 09:14:19 +0000 I am another happy Rick Otton customer. His wrap pack has worked great for me, and I would invest through him if I wasn’t so busy investing for myself![wink4]

]]> 808d8914a266679c924f8bf30dc511df scotty3 replied to the topic who gets depreciation on a wrap? in the forum Creative Investing https://www.propertyinvesting.com/topic/4377126-who-gets-depreciation-on-a-wrap/#post-4496268 Sun, 05 Dec 2004 09:05:10 +0000 Thanks Julia and Felicity. The jury is still out for me re. ‘trading stock’. Have sent another email to my accountant….
[blink]

]]> 278711d631ea26a4d88d05da75a5e339 scotty3 replied to the topic Buyers agent in the forum Help Needed! https://www.propertyinvesting.com/topic/4377226-buyers-agent-5/#post-4496792 Sun, 05 Dec 2004 07:51:07 +0000 Try searching the net?

Cheers,
Scotty3

]]> d1c314fb18d5a4ac14526180f04d1269 scotty3 replied to the topic Help on investing in Storage units in the forum Help Needed! https://www.propertyinvesting.com/topic/4377277-help-on-investing-in-storage-units/#post-4497112 Sun, 05 Dec 2004 07:41:05 +0000 Hi Bernie
I looked into these units on behalf of investors a while ago. There is no real data on the true value of each unit, so unless you want to commission a valuation (quotes ranged around the $1600 mark) you don’t know if you are paying an inflated price for them. I suspect you may be because I also researched what the true rent return on…[Read more]

]]> 6a97b5e1b78082ca7f1ea242afb25401 scotty3 replied to the topic Advice for a new spotter in the forum Help Needed! https://www.propertyinvesting.com/topic/4370270-advice-for-a-new-spotter/page/2/#post-4446482 Mon, 01 Mar 2004 07:04:41 +0000 Originally posted by SteveMcKnight:
Hi,

One of the soon to be released additional features of this site is a system whereby people who know of deals can advertise them within strict guidelines which includes giving an initial outline of the numbers.

This is will be a paid service (something nominal, say $20 per deal) for the person submitting…[Read more]

]]> f4e7cfafcc7b4fc53bd2b6e33cbf9284 scotty3 replied to the topic Location of IP's in the forum General Property https://www.propertyinvesting.com/topic/4371641-location-of-ips/#post-4457619 Mon, 01 Mar 2004 06:47:49 +0000 Easy – can’t afford and/or returns are unsatisfactory where they live.

]]>