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  • Profile photo of Sean ListerSean Lister
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    @sean-lister
    Join Date: 2010
    Post Count: 18

    HI Tim

    I have a 6month subscription to Rd data for sale, you can change the area zoning to what ever you like give me a call on 0410546581 ill pay all contract swap over costs.

    Sean

    Profile photo of Sean ListerSean Lister
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    @sean-lister
    Join Date: 2010
    Post Count: 18
    Profile photo of Sean ListerSean Lister
    Member
    @sean-lister
    Join Date: 2010
    Post Count: 18

    Thanks Ryan

    Very helpful

    my property is in NZ, its on a fixed term for another 12 – 18 months. so i guess at that stage we would get more icome.

    one question, can you break down your calculation for working out the weekly payments to $552, i understand interest pa and dividing that by 52 gives your weekly payment, but when i try and work out the principal over 30years divided by 52 its to much, where am i going wrong?

    Cheers
    Sean

    Profile photo of Sean ListerSean Lister
    Member
    @sean-lister
    Join Date: 2010
    Post Count: 18

    My loan on the property is – $272000
    My Repayments to the bank – $441wk
    interest rate – 7.7%pa
    Loan term 30years

    I am selling to my current tenants for – $340000 less 10% deposit so $306,000 would be what i am loaning them.

    Not sure what percentage to charge, i think 1.5 – 2% above what im paying?

    The more time they have to pay back the loan the less there payments will be, so i guess 30years, i m not to sure?

    I havent done anything yet, im just looking for options, and they are interested but want to know what it will cost.

    Thanks
    Sean

    Profile photo of Sean ListerSean Lister
    Member
    @sean-lister
    Join Date: 2010
    Post Count: 18

    Thanks Guys, very helpful

    Cheers Steve thanks for the advise, ill see you at your Brisbane seminar.

    Richard, is it possible to purchase 4 properties at say $50,000 each on one loan?

    Nigel can i please get the details of your contact in Houston?

    Sean Lister

    Profile photo of Sean ListerSean Lister
    Member
    @sean-lister
    Join Date: 2010
    Post Count: 18

    Cheers Richard

    Can you recommend anyone? i am looking at Las Vegas to purchase.

    Sean

    Profile photo of Sean ListerSean Lister
    Member
    @sean-lister
    Join Date: 2010
    Post Count: 18

    Hi

    I am want to buy some property in the USA, my goal is 5 properties in 2010, i have about $45000 aus for deposits, does any one have any advise on finance, do i have to borrow from Aus, or is it possible to borrow in th US?? any help would be very much appreciated.

    Cheers
    Sean

    Profile photo of Sean ListerSean Lister
    Member
    @sean-lister
    Join Date: 2010
    Post Count: 18

    Can i get some advice please?

    how bout a 1 bed studio, $79000 with a guaranteed return of $10294pa, apart from Body corp fees, what else do you recommend i check out??

    Sean

    Profile photo of Sean ListerSean Lister
    Member
    @sean-lister
    Join Date: 2010
    Post Count: 18

    Need some advice.

    Ive found two studio apartments on one title for $225,000, each apartment should rent for $230/week, to me this sounds like a great deal, and at these figures will bring a 10-11% yeild? Does any one no anything about buying apartments?  would you go for it??

    Sean

    Profile photo of Sean ListerSean Lister
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    @sean-lister
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    Post Count: 18
    Qlds007 wrote:
    Hi Sean

    Must admit i would say NO outright.

    Have a couple of lenders that might consider the deal depending on a few factors.

    Hi Richard

    What would those factors be?

    Sean

    Profile photo of Sean ListerSean Lister
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    @sean-lister
    Join Date: 2010
    Post Count: 18
    Qlds007 wrote:
    Hi Sean

    Must admit i would say NO outright.

    Have a couple of lenders that might consider the deal depending on a few factors.

    Hi Richard

    What would those factors be?

    Sean

    Profile photo of Sean ListerSean Lister
    Member
    @sean-lister
    Join Date: 2010
    Post Count: 18

    Cheers Matt

    Ill do that, it is very simple. Thanks.

    Sean

Viewing 12 posts - 1 through 12 (of 12 total)