Too many property gurus targeting everyday Australians who want to get into property investing.

Most of them don’t make money from investing but from “teaching” or selling their overpriced/turnkey investment properties. They spend too much time on their image and their brand.

I mentioned this on another forum.

Successful investors don’t have…[Read more]

Too many property gurus targeting everyday Australians who want to get into property investing.

Most of them don’t make money from investing but from “teaching” or selling their overpriced/turnkey investment properties. They spend too much time on their image and their brand.

I mentioned this on another forum.

Successful investors don’t have…[Read more]

OK got you. I can only comment on Brisbane figures since I haven’t been involved in any developments in NSW.

In Brisbane it can take 2 weeks to 6 months. RiskSmart approved town planners can get you an approval within 2 weeks if it’s a straight forward development.

For a multi unit development, DA fees range from $5,500 to +$10,000. There is…[Read more]

No. You don’t have to. Once the offer/counter offer has been accepted you will sign the contract.

I shouldn’t tell you exactly how “I” would word it. You should consult a lawyer about this.

Personally I would just negotiate on price instead of organizing this agreement.

Andrew

I was just pointing out the different learning styles.

I was probably being biased towards the way that I learn though.

Andrew

People who really want to learn want to see the progress.

The rest just want to be entertained and want to feel the speakers excitement and energy and immerse themselves emotionally. Which is fine too if that is what you want and that’s how you can learn.

Yes an email is fine.

If they insist on a signature you will need to scan it or take a pic with your phone.

It’s easier if you just save a pic of your signature on your computer so you can always just paste it in your offers.

Andrew

Hi tom123

Maybe it might be too risky for you to purchase this property at this stage.

You will need to do some more learning about development before.

There are a lot of risks that can’t just be summed up with a %.

From the agents point of view they can because:

1. Agent wants to sell the property so they’ll throw anything that looks good…[Read more]

Hi Poombar

When was the valuation on your PPOR done? Sydney market moved up quite a lot in the last 12 months.

Are there any reasons why you would want to sell your PPOR? Why not keep it and rent it out?

Andrew

I think he is using a phone to film it Catinthehat.

Andrew

Hi Tom

Most likely the DA will increase the value of the land but make sure that you don’t over pay for the property.

You’d get more accurate answers about the costs of a DA and the restrictions on the land if you just ring the council, ask to speak to one of the town planners and provide them with the address.

Andrew

Unfortunately you won’t be able to claim any of the expenses. If it was an investment property then you would have been able to claim some of them.

If you do purchase a new investment property in the future make sure that you claim your deductions in the year they occur.

Andrew

Is it an empty block of land / your home / investment property?

Andrew

Hi Kateodon

Welcome to the forum.

This form is quite a good place to learn. Have you already read a few property investing/developing books?

If you’re serious about it then you could do a Master in Property Investment/Development at a university.

I ended up doing that a few years ago :)

Andrew

http://positivecashflowproperty.net.au/positive-cash-flow-properties/2319-annerley-road-annerley-qld-4103/

Price: $499,000
Rent: $815 pw

http://positivecashflowproperty.net.au/positive-cash-flow-properties/1-252-congewai-street-aberdare-nsw-2325/

Price: $642,000
Rent: $930 pw

Hi Crucialx

Welcome to the forum.

I don’t think there are any relationship management web based applications for tenants, landlords, and real estate agents.

Andrew

Hi Dan

Jamie is the right man to talk to about your options.

For positive cash flow properties you can’t go wrong with an Interest Only loan + an offset account.

Andrew

http://positivecashflowproperty.net.au/positive-cash-flow-properties/346-chester-street-moree-nsw-2400/

Yield: 9.3%
Vacancy: 0.5%
Population: ~10,000

Andrew