Freckle,

Thank you for the chance to flesh out a beneficial conversation.

I think it is important that you disclose your name, your qualifications, and your investing experience as these are important considerations for those reading your posts.

For my part I am a chartered accountant, with a Bach Business in Accounting and a Diploma of…[Read more]

Hello,

Just to balance out the doom and gloom:

http://www.usatoday.com/money/perfi/general/story/2012-07-21/reits-rebound/56389776/1

"Real estate funds have posted an average annualized return of 33% over the last three years, according to Morningstar. That's the top performance among the fund categories it tracks. Year-to-date, the funds are…[Read more]

Freckle,

Out of interest, had you read the Product Disclosure Statement prior to making these comments?

– Steve

Hi there,

Tell your mother in law I'm sorry she feels she wasted her money buying the book. She could recoup some of the cost by selling it on eBay. After all, there's not much point having it collect dust on her shelf, and someone else might be able to pick up some great tips in it.

The book was never about buying 130 properties in 3.5 years…[Read more]

Hey mate…

Congrats on your first post.

Don't be shy though, make another one!

– Steve

Hi,

I'm trying to contain my anger… trying… trying hard!

So, you went to an adviser to talk about real estate, eh? Seems smart, except how much direct property experience has this adviser had? How many city or regional properties have the bought? How wealthy are they? How did they build their wealth?

To be fair, people can only advise out…[Read more]

Hey there,

Remember that when thinking about your investment, you need to consider both the entry (purchase) and exit (sale).

It seems you have some answers about the entry (ie. purchase price), but what about the exit? Is there a guaranteed sale back to the organisation selling to you? What kind of after-market / second hand market is there?…[Read more]

This is an interesting post, and an unfortunate problem.

Terry raises a good point about legal recourse, which is if the buyer can't pay for the work, it's unlikely that you will be able to sue and get any money (they can't pay if they don't have money).

You've also mentioned that it will cost more than deposit to rectify the issues.

That being…[Read more]

Let's not be too hasty… what would you like to see changed or improved?

– Steve

Hi team,

Thanks again for your comments. Perhaps if you could post 'wish list' items you would like to see us change or incorporate then we will look to implement them.

Cheers,

– Steve

Yeah, good point JacM.

Perhaps trotting off to see a mortgage broker about getting a non-recourse loan is worth the effort.

The LVR will be lower, but the peace of mind higher.

Then at least the issue of personal guarantees can be taken off the table (which the lender would otherwise probably want).

– Steve

What can I say… I'm an addict!

Hmmmm,

I think you need to be careful about your intentions.

If you have a firm intention of living in it as a home then you probably have an obligation to disclose that to your lender since it sounds like they will be including rent in the calc (which you won't be receiving if you live in the property).

If it's just a possibility, perhaps it…[Read more]

My local tip fees went up 40% when the CT started. Hard to see why… all the methane, perhaps?

In that case there should surely be a large bill for our nation's capital!

– Steve

Hi James,

It's not a seminar, but getting a copy of Chris Lang's "How Investing In Commercial Property Really Works" is a good start.

Chris runs seminars from time to time too. His website is:
http://property-edge.com.au/

Regards,

– Steve

Hi,

Unless it is an opportunity to buy (rather than develop) a nras property as an investment, I'm not sure what the opportunity is.

 Here is a quote from the government's website:

"How can investors participate in NRAS?

Interested investors need to apply to the Australian Government for an allocation of NRAS Incentives.

Investors at scale…[Read more]

Hi!

Okay, I'm a little confused…

You want to buy a property to live in (rather than rent, with the hope of getting some capital growth, is that right? 

If so then you are like the majority of the population who buy a home and hope for some growth. Am I missing something?

How has the lender come to the conclusion that the property is an…[Read more]

Hey Kezza111,

A good accountant would come in handy, and a lawyer too.

Accountant

A unit trust will probably be the structuring weapon of choice, as it gives each of you a fixed interest.

You can even have the units owned by a family trust if you want even more structuring options.

Each year you each get your share of the income and declare…[Read more]

Appreciate the feedback, but make it as constructive as you can please.

For instance, giving ideas for what specific nav features you would like is much more helpful than just saying the old site was more nav friendly.

We have big plans, but we want to get the small things right first.

– Steve 

Thanks for the tip Shahin.

The offer to join as a member goes once you have logged in.

We could remove the pic images once you are logged in too so that the information is higher on the page.

– Steve