Cheers Glen.

I must say I'm hooked on the rewards myself!

If you go into your profile you can see how close you are to achieving your next 'level'.

We need to outline the missions and badges, and it is on the development list.

Let me know of any changes you would like to see done if the design. For instance, I don't like the chunky sub menus…[Read more]

Hi,

First of all, well done on completing your pre-purchase due diligence.

Now that something has been flagged, the next step is to weigh up its significance. In this case, given that it relates to the title and may impact potential use, I would rate it as worthy enough to get some formal legal help.

I suggest you make a preliminary phone call…[Read more]

Hi Anne-Marie,

I would get the get the plans and permits prepared and lodged as soon as possible because it can take quite some time to get approval. 

As you do your due diligence, be sure to ask the local council how long you have (once the plans are approved) before you have to start building.

That way you can add value before committing, and…[Read more]

Hey Connor,

Welcome to the forums and thanks for making your post.

A little tip… you'll get more replies if you write shorter posts 

Geez, your accountant wasn't much help, was he?

I think you are on the right track weighing up your options. The investing mantra is: make the most money, in the quickest time, for the least effort.

You also…[Read more]

Hi,

There are a number of options. Lots of organisations run 'free' seminars, but these are usually fronts to sell property.

Other organisations, including PropertyInvesting.com, offer paid seminars that cover a variety of topics.

Then you can acquire books and how-to products (which might be recordings of seminars) that you can study at…[Read more]

Hi,

I think the process is three- fold:

First is identifying the product you desire. This means you need to scope out the size, layout, position, construction material, etc.

Second is the cost. No doubt there will be various options, and it is up to you to decide which is best for form (value) and function (use and quality). 

Third, you need…[Read more]

Hi Brendon,You could do this, but just be aware of the following issues:a) I'm assuming that you would be borrowing in AUS and AUD?b) I'm also assuming you would be using the rent in the US to repay your AUD loan?If that's the case I'm a little worried you may be hit with transaction fees bringing the money back every month, plus maybe at the…[Read more]

Hi there,Here's a couple of suggestions:1. Play Monopoly and Kiyosaki's Cashflow games. Play for fun, but also look at various strategies.2. Attend property networking events. Check out http://www.propertymeeting.com.au to see if there is one near you.3. Try to make my next live get together in March next year, if you can.In regards to a strategy, I…[Read more]

Down she goes… 25 basis points.

“Over the past year, the Board has maintained a mildly restrictive stance of monetary policy, in view of its concerns about inflation. With overall growth moderate, inflation now likely to be close to target and confidence subdued outside the resources sector, the Board concluded that a more neutral stance of…[Read more]

Gee whiz, no one wants to be controversial?

I guess I can delete this post if I’m wrong!

– Steve

Hi,

The fund concept is moving ahead. At the moment I am sorting out the ASIC licensing requirements.

Stay tuned though as hopefully this will be sorted soon, at which point I’ll move on to preparing the Product Disclosure Statement.

If you’re coming to the market updates then you’ll find out a little more information. Otherwise I will make an…[Read more]

Still waiting to hear back. Will follow up again when I can. Have hurt my back though and am resting up for a few days. Sitting is super painful.- Steve

Golly, could any more have happened in a single day? Our market falls nearly 6%, then a massive rally to end up 1%. Who can explain that?It seems to me that in times like this, the ones who are most affected are those without a strategy and therefore have no benchmark against which to decide how they should act.Thanks for the robust discussion.…[Read more]

Good morning team!Seems like there is a diverse range of opinions here, and that makes for good discussion.In regards to my thoughts on interest rates, it seems to be a difficult call. I would err on the side that our economy is under rather than over performing at present. A weak property market, manufacturing confidence is low, as is consumer…[Read more]

Hi,In respect to the AUD, take a look at the link below in the section under 'How Bond Rates Could Rise'.When you look at the alternatives, AAA rated Aussie Bonds at 4.9% looks like a very good option compared to others. I think that is a reason why our AUD is quite…[Read more]

Stephen,Perhaps if you asked a few specific questions you might get some more answers. The more general the question, the harder it is to answer.- Steve

Just an update – have put in a call to HSBC and am waiting to hear back from their international banking division.The person I spoke to (help line) did say they still have an US account option, and that there is a $200 set up fee.I'll report back when I know more.- Steve

Hi,Derek has put forward some really sensible tips, and I echo them.Student accom is often shunned because it is seen as more cumbersome in management and because the property depreciates with the higher density use.The return looks okay on the numbers you have presented. How much are you planning on borrowing. It's hard to be exact with the…[Read more]

Thanks for the post, and well done on being diligent in managing the expenses.It seems like this is an extra way to claw some money for essentially doing their job, but it is not uncommon.The first thing I would do is get an accurate understanding of what the cost relates to… i.e. what postage and what supervision.You can look to renegotiate if…[Read more]

Okay okay… I've seen the post and will put it on the wish list!