[Tony FlemingParticipant@the-dark-knightJoin Date: 2008Post Count: 396]

July 31, 2014 - 8:22 pm

Hi Jake,
I agree with Corey regarding the finance. I have one property with a 50/50 share with a friend. I’ve never had a problem so far but the most important thing is to both have the same goal regarding the property. Will you use equity in the future together to repurchase or sell etc you need to be in agreeance on the future of the property. Good luck :)

Tony Fleming | Triumphant Property Group
http://www.triumphantpropertygroup.com.au
Email Me

NSW Buyer's Agent specialising in Western Sydney-Blue Mountains-Orange-Albury

[Tony FlemingParticipant@the-dark-knightJoin Date: 2008Post Count: 396]

July 29, 2014 - 8:11 pm

Yeah they definitely deleted their post and my quoting abilities aren’t very clear might have been a competitor trying to stir up trouble.

Tony Fleming | Triumphant Property Group
http://www.triumphantpropertygroup.com.au
Email Me

NSW Buyer's Agent specialising in Western Sydney-Blue Mountains-Orange-Albury

[Tony FlemingParticipant@the-dark-knightJoin Date: 2008Post Count: 396]

July 29, 2014 - 8:08 pm

Hi u36ma,
This didn’t happen to me I think I quoted someones post and they deleted it, my response started from the sorry to hear bit

Tony Fleming | Triumphant Property Group
http://www.triumphantpropertygroup.com.au
Email Me

NSW Buyer's Agent specialising in Western Sydney-Blue Mountains-Orange-Albury

[Tony FlemingParticipant@the-dark-knightJoin Date: 2008Post Count: 396]

July 22, 2014 - 9:09 pm

I have ips and ppor in Penrith area so probably bias but I would stick with Penrith or st Mary’s(if u can afford it). A lot of talk around town about the airport and I’ve never had a problem renting or had troublesome tenants. As for the street obviously closer to the station shops will provide better yield and growth. The area has dramatically improved the past few years so there are no ghettos like other suburbs but if you do find something put a link up and we might be able to help :)

Cheers Tony

Tony Fleming | Triumphant Property Group
http://www.triumphantpropertygroup.com.au
Email Me

NSW Buyer's Agent specialising in Western Sydney-Blue Mountains-Orange-Albury

[Tony FlemingParticipant@the-dark-knightJoin Date: 2008Post Count: 396]

July 9, 2014 - 8:29 am

http://www.cleaning-tips.com.au/cleaning/2013/steam-cleaning-vs-dry-cleaning-carpet/

Tony Fleming | Triumphant Property Group
http://www.triumphantpropertygroup.com.au
Email Me

NSW Buyer's Agent specialising in Western Sydney-Blue Mountains-Orange-Albury

[Tony FlemingParticipant@the-dark-knightJoin Date: 2008Post Count: 396]

July 9, 2014 - 8:29 am

My Fiancee and I just started our own carpet cleaning business and we do both but this article is probably the best to describe the pros and cons of each and the processes it takes :) http://www.cleaning-tips.com.au/cleaning/2013/steam-cleaning-vs-dry-cleaning-carpet/

• This reply was modified 9 years, 11 months ago by  Tony Fleming.

Tony Fleming | Triumphant Property Group
http://www.triumphantpropertygroup.com.au
Email Me

NSW Buyer's Agent specialising in Western Sydney-Blue Mountains-Orange-Albury

[Tony FlemingParticipant@the-dark-knightJoin Date: 2008Post Count: 396]

July 4, 2014 - 9:24 am

Wait so is your PPOR a line of credit now? I agree with Kinetic although having 12 or so rural properties might not be the best idea. I invest in regional areas and even they have gone up due to low interest rates some areas I wont touch because I know once those rates go up the prices will be heading south.

Tony Fleming | Triumphant Property Group
http://www.triumphantpropertygroup.com.au
Email Me

NSW Buyer's Agent specialising in Western Sydney-Blue Mountains-Orange-Albury

[Tony FlemingParticipant@the-dark-knightJoin Date: 2008Post Count: 396]

June 20, 2014 - 8:56 pm

Thanks for the replies everyone. I thought it would be a bit tricky having my own SMSF through a company with other members.

Tony Fleming | Triumphant Property Group
http://www.triumphantpropertygroup.com.au
Email Me

NSW Buyer's Agent specialising in Western Sydney-Blue Mountains-Orange-Albury

[Tony FlemingParticipant@the-dark-knightJoin Date: 2008Post Count: 396]

June 20, 2014 - 9:06 am

Bump

Tony Fleming | Triumphant Property Group
http://www.triumphantpropertygroup.com.au
Email Me

NSW Buyer's Agent specialising in Western Sydney-Blue Mountains-Orange-Albury

[Tony FlemingParticipant@the-dark-knightJoin Date: 2008Post Count: 396]

May 24, 2014 - 8:08 pm

Who cares how much he invests of his own money? He isn’t forcing anyone to buy in USA he is providing his feedback from his situation on his particular style of investing.

Tony Fleming | Triumphant Property Group
http://www.triumphantpropertygroup.com.au
Email Me

NSW Buyer's Agent specialising in Western Sydney-Blue Mountains-Orange-Albury

[Tony FlemingParticipant@the-dark-knightJoin Date: 2008Post Count: 396]

May 21, 2014 - 2:59 pm

Most depressing post ever lol but definetly something that should be spread around. Is it true that if you get divorced they can get some of your super as well?

Tony Fleming | Triumphant Property Group
http://www.triumphantpropertygroup.com.au
Email Me

NSW Buyer's Agent specialising in Western Sydney-Blue Mountains-Orange-Albury

[Tony FlemingParticipant@the-dark-knightJoin Date: 2008Post Count: 396]

May 2, 2014 - 10:38 am

So a 42k deposit to avoid lenders insurance [/quote] LMI can be very useful ally if you want to continue to build your portfolio.

Tony Fleming | Triumphant Property Group
http://www.triumphantpropertygroup.com.au
Email Me

NSW Buyer's Agent specialising in Western Sydney-Blue Mountains-Orange-Albury

[Tony FlemingParticipant@the-dark-knightJoin Date: 2008Post Count: 396]

May 1, 2014 - 4:28 pm

You can just refinance the loan for another 30years and have it go bac to IO. Your bank shouldn’t charge you considering they will be getting even more interest of you :)

Tony Fleming | Triumphant Property Group
http://www.triumphantpropertygroup.com.au
Email Me

NSW Buyer's Agent specialising in Western Sydney-Blue Mountains-Orange-Albury

[Guest]

April 23, 2014 - 9:28 am

Guest wrote:

Hi, After hours of writing a complain to ASIC I figured I should come on here and also share my story. I’ve been a repeat client of binvested since late 2012. I initially paid $7700 but my last few were $9900 per deal. As you all know their strategy is to buy under market value, reval and buy the next one. Which is how I assume most of his clients reach 10 properties in one year. I bought my first investment in cairns late 2012, early 2013 Nathan Birch approached me with a new property, having not saved enough deposit he referred me to his bank manager at westpac. I got a reval done, it came back at $200k which was $90k over the purchase price. I pulled that equity out and bought the next one/paid nathan his fee. The process went on and on.. Recently I was approached by a former client of Nathan’s who tells me his bank manager at westpac has the authority to approve a reval if a property in the surrounding streets has sold for the same amount. So my older 2 bedroom unit, got reval’d at the same price of a modern 2 bedroom unit. I found this a little difficult to believe. However better being safe than sorry. I went to CBA and ordered a reval on my initial purchase, it came back at only $145k rather than the $200k it came back at in early 2013. I followed by the rest of my investments and it was pretty much the same story. Not sure what to do from here, I have reported to ASIC, the other guy has too. Sitting here with more debt than assets and losing sleep. Has any other client of Daniel and Nathan had this issue.. What did you do? Also, I checked my buyers agency agreements and it mentions that they get commissions on every loan they send over to Westpac. [/quote

Sorry to hear about your situation. Are you cash flow positive though? What’s your portfolios LVR with the CBA valuations? You should probably report the Westpac guy as well.

Tony Fleming | Triumphant Property Group
http://www.triumphantpropertygroup.com.au
Email Me

NSW Buyer's Agent specialising in Western Sydney-Blue Mountains-Orange-Albury

[Tony FlemingParticipant@the-dark-knightJoin Date: 2008Post Count: 396]

April 8, 2014 - 1:24 pm

Yeah i use it on my PPOR he is fine with it as theft and robbery is high on our occupational operations. Every dollar counts especially your PPOR

Tony Fleming | Triumphant Property Group
http://www.triumphantpropertygroup.com.au
Email Me

NSW Buyer's Agent specialising in Western Sydney-Blue Mountains-Orange-Albury

[Tony FlemingParticipant@the-dark-knightJoin Date: 2008Post Count: 396]

April 8, 2014 - 1:21 pm

EngeloRumora wrote:

((((((((

Not even 1 comment lollol

I am getting more hits from my Americans over my fellow Aussies hahaha

Thanks guys

To be honest Engelo you seem to be a really top bloke why worry about meeting/getting a photo with your favourite celebrity mentor? Yeah he is an amazing investor but at the end of the day he is just a normal bloke albeit a fair bit of money . I've never see the fascination with celebrity figures. I wish you luck with it all   

Tony Fleming | Triumphant Property Group
http://www.triumphantpropertygroup.com.au
Email Me

NSW Buyer's Agent specialising in Western Sydney-Blue Mountains-Orange-Albury

[Tony FlemingParticipant@the-dark-knightJoin Date: 2008Post Count: 396]

April 8, 2014 - 10:12 am

Essentially my work has a efpos machine i use it as if i've purchased something say $1000 and my boss gives me the money i take it to the bank and put it into my offset account. Its a win for him as soon as the efpos machine gets settled at the end of the night the money is in his account it also has less chance of been stolen by other employees or if we were to be robbed. My CC has a 45 day non interest period i just pay it back on the 44th day and restart again.

Tony Fleming | Triumphant Property Group
http://www.triumphantpropertygroup.com.au
Email Me

NSW Buyer's Agent specialising in Western Sydney-Blue Mountains-Orange-Albury

[Tony FlemingParticipant@the-dark-knightJoin Date: 2008Post Count: 396]

April 7, 2014 - 2:12 pm

LOL i do this because i'll do anything to reach my financial goals early. If you have access to a efpos machine and the merchant will waive the merchant charges go right ahead. Just make sure you pay the credit card back before interest kicks in.

Tony Fleming | Triumphant Property Group
http://www.triumphantpropertygroup.com.au
Email Me

NSW Buyer's Agent specialising in Western Sydney-Blue Mountains-Orange-Albury

[Tony FlemingParticipant@the-dark-knightJoin Date: 2008Post Count: 396]

April 1, 2014 - 9:59 pm

Some of mine are crossed but i never have any plans to sell them so i haven't had any issues yet. Depends on your strategy. If you think you might want to sell in the forseeable future I would avoid it.

Tony Fleming | Triumphant Property Group
http://www.triumphantpropertygroup.com.au
Email Me

NSW Buyer's Agent specialising in Western Sydney-Blue Mountains-Orange-Albury

[Tony FlemingParticipant@the-dark-knightJoin Date: 2008Post Count: 396]

March 31, 2014 - 1:06 pm

Your the man Freckle

Tony Fleming | Triumphant Property Group
http://www.triumphantpropertygroup.com.au
Email Me

NSW Buyer's Agent specialising in Western Sydney-Blue Mountains-Orange-Albury