[susie843Member@susie843Join Date: 2010Post Count: 16]

May 9, 2011 - 3:04 am

I've done that and what I can say is that it's not gonna be easy at all because they will rely on you to get the leads . An admin/PA role would be a good start to learn about real estate.

Cheers,

Susie
Dolphins Fixed Fee Property Services
http://www.dolphinsproperty.com.au/

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May 9, 2011 - 2:16 am

Hi Patrick,

Have you considered investing in Calamvale – a much nicer surburb with a lot of first home buyers and people looking to rent in the area. It's up and coming.

Cheers,
Susie

Dolphins Fixed Fee Property Services
http://www.dolphinsproperty.com.au/

[susie843Member@susie843Join Date: 2010Post Count: 16]

October 5, 2010 - 4:17 am

With regards to this, I found Catherine Cashmore's write-up in particular helpful: 

All future analysis is to some extent speculation and although I can ‘envisage’ temporary drops in the market – 5/10% in some areas, I honestly don’t feel we’re heading for a 40% drop or more which has been suggested.

In the US borrowers with little income, no equity, and poor credit were allowed to take on mortgages they simply could not service. The system was unregulated and therefore even with a shortage of homes in areas such as California, a crash could not be avoided.

In Australia our lending rules are different. We don’t have sub-prime lending – high LVR loans are subject to mortgage insurance which protects the lender against the loss. In the US this wasn’t the case. They gave ‘non-recourse’ loans allowing home owners to ‘foreclose’ and walk away from the debt This resulted in a large number of properties suddenly hitting the market creating a huge surplus in stock.

……..

Read full article here:

http://www.propertyportfoliospecialist.com/2010/09/property-market-crash/

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September 25, 2010 - 1:59 pm

This blog post below has some really good and no non-sense tips:
http://www.propertyportfoliospecialist.com/2010/09/investment-common-sense/

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September 25, 2010 - 1:48 pm

There should be a sunset date or your money back!
http://www.propertyportfoliospecialist.com/2010/09/investment-common-sense/

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September 14, 2010 - 3:07 am

http://www.propertyportfoliospecialist.com/2010/09/guaranteed-rental-income/

nstead of giving a discount, many developers nowadays choose to provide a guaranteed rental scheme to prospective investors. The idea is that when you settle a property, you don’t worry about finding tenants to help you pay the mortgage, as the developer will cover the rent for a period of one year (or up to a few years) should your property becomes vacant. The most popular offer seems to be a ‘first tenant guarantee’ where the developer is obligated to pay you weekly rent at market value if your property is still not tenanted a few weeks after the settlement.

Sounds like a fantastic deal but you need to be mindful. With every property investment, remember to always look at the big picture than the small incentives. In many cases, the developer may have simply increased the price of the property to cover the cost of guaranteed rental payments. So when you’re offered such guarantee, make sure that you’re not buying an overpriced property in the first instance. Before you get too excited and start to have a false sense of security, make some enquires first with your local estate agents and letting agents. You need to find out A). what type of property is selling well in the area and at what price, and . what kind of property is in demand from potential tenants and how much they’re willing to pay. Internet research and the service of a chartered surveyor may be beneficial as well. However, bear in mind that survey values are not always accurate and that you will only know the true value of your property when you try to sell it…

Full article at: http://www.propertyportfoliospecialist.com/2010/09/guaranteed-rental-income/

[susie843Member@susie843Join Date: 2010Post Count: 16]

September 2, 2010 - 4:27 am

I'm based in West End, QLD – 2.5 km from the Brisbane CBD.

Check out this new release project:
http://www.propertyportfoliospecialist.com/2010/09/chelsea-bowen-hills/

Any other queenslanders here?

[susie843Member@susie843Join Date: 2010Post Count: 16]

August 31, 2010 - 6:43 am

By the way, P, with your current financial situation…have you considered buying a property off-the-plan at all?
Here is blog post on this…wisely invested, an off-the-plan investment can help you get into the market but without too much financial commitment/burden for now.

http://www.propertyportfoliospecialist.com/2010/08/why-invest-in-off-the-plan-properties/

[susie843Member@susie843Join Date: 2010Post Count: 16]

August 31, 2010 - 6:39 am

Hi P,

This article below should be helpful for you.

http://www.propertyportfoliospecialist.com/2010/08/negative-gearing/

Happy investing!

[susie843Member@susie843Join Date: 2010Post Count: 16]

August 27, 2010 - 7:42 am

Most people have heard of the saying that the most three important things about real estate are location, location and location. For investment, there are also three things that matter the most – diversification, diversification and diversification. There is simply no magic rule of buying only one type of real estate to get rich, such as land or commercial premise. The reality is that with properties, there are markets within markets in terms of both property type and location, and each market has its own ups & downs and return potential etc. The question is not do you take money out of apartments and put it into land & houses, or the reserve. It should never be a ‘either/or’ scenario. If possible, try aiming to build multi-state portfolios of houses and apartments over the long term. 

Please visit my blog for more info on property investment:
http://propertyportfoliospecialist.com

[susie843Member@susie843Join Date: 2010Post Count: 16]

August 27, 2010 - 7:29 am

I'm going to her 1 day workshop in October in Brisbane city…will check it out first.

Check out my new blog:
http://propertyportfoliospecialist.com/

[susie843Member@susie843Join Date: 2010Post Count: 16]

August 27, 2010 - 7:26 am

For investment purposes, you have to be a permanent resident or Australian citizen to purchase a residential property. The requirements have been made very clear by the FIRB. See the blog post below:

http://propertyportfoliospecialist.com/2010/08/foreign-investor/

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August 24, 2010 - 6:42 am

I've got the anwer for that.

If you're not a permanent resident, you are prohibited from acquiring established dwellings for investment purposes (i.e. they cannot be purchased to be used as a rental or holiday property), However, as a temporary resident, you can apply to purchase one established dwelling to use as your residence in Australia, providing that you will sell the property when you leave the country.

New dwellings purchased off the plan or after construction is complete, however, can be used as a rental/holiday property, or be kept as your own residence in Australia regardless of your migration status or travel plans.

For more details, go to:

http://propertyportfoliospecialist.com/2010/08/foreign-investor/

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August 24, 2010 - 6:39 am

What about inner-city apartments in Australian capital cities?

I'd share this blog post with you:

http://propertyportfoliospecialist.com/2010/08/the-rise-of-the-apartments/

Cheers!

[susie843Member@susie843Join Date: 2010Post Count: 16]

August 24, 2010 - 6:35 am

Saw her appearing on the Secret Millionaire show on TV last night, which was quite interesting! 

I've got friends who had attended her seminars and that they all highly recommend me going as I'm in real estate too.

so I'd definitely go when she was in QLD next – anyone knows when?

http://propertyportfoliospecialist.com/