Evening Westan

Your analysis was a little more conservative than my spreadsheet, I think I got $1200 but thereabouts same o same o.

Cheers
Leigh K[]

Read, learn, grow but most of all do it.

J

My two cents comes through a glass of red tonight so don’t hold much value in it if you don’t like it, but I would use the money as deposits, you can buy more and the interest is deductable.[]

Cheers
Leigh K[]

Read, learn, grow but most of all do it.

Jerry

I do know where Steve and co do their property shopping … unfortunately you aren’t ready for that.

Cheers
Leigh K[]

Read, learn, grow but most of all do it.

Fullout

I have just emailed you a spreadsheet that you might find helpful when assessing your deals.

Cheers
Leigh K

Read, learn, grow but most of all do it.

Fullout

What has your accountant advised you?

Also check out the State Revenue Office of Victoria web site, it is very informative.

Leigh K[]

Read, learn, grow but most of all do it.

The Ugly One

Langford St

LK

Read, learn, grow but most of all do it.

[]

Read, learn, grow but most of all do it.

Woo Hoo![]

I bought the little ugly house in NHILL. $55k renting for $110pw

Apprently the original deal fell over, and I picked it up for about 10% below the original sale.Funny how things turn out.[^]

Cheers
Leigh K[]

Read, learn, grow but most of all do it.

Mel

We won’t tell anyone[]!

BTW, are you mortgage broker Melanie from the MAPS group.

Cheers
LeighK[]

Read, learn, grow but most of all do it.

Hi BerylF

I am a huge advocate of this product, I use it regularly, infact I used it today to send in an offer. I and others on the forum have been complimented on how professional our offers are and that we are perceived as professional investors by using these templates.

It is an e book so you get it within an minute of purchasing it. There is…[Read more]

sat2003

Who are you refinancing with? I ask because I am with the NAB and we recently had out house valued to set up our LOC. I asked the NAB who their panel of valuers was and was told that they use personel who aren’t necessarily qualified valuers, hmmm[?]

Anyway, I was told that the NAB would accept a private valuation so long as it was by a…[Read more]

I just put an offer on a house in regional vitoria that meets the 11 sec sol. I am going to be offering the tenant dvd rentals vouchers as he has a couple of young boys, in order to sweeten the $5pw increase in rent that I will be making (assuming I get it). If his kids were younger I was going to put a swing set in teh back yard.

I recall Steve…[Read more]

Hi Steph

I was so please to read your response, you really are getting the hang of this forum thing![]

For the Newbie’s, success is 80% attitude and 20% action. You should believe that there is absolutely no reason why Steve wouldn’t pick you. Always believe that what you want is possible.

quote: It seems very risky especially when you have no…

[Read more]

Hi Property Head

I must say now you are being creative![] That’s how you win the game!

I also wanted to add to you guys that want to be selected, I think I need my head read but I chose not to put an application in for the MAP program because I want to succeed under my own steam. Whilst the Maps people will be doing that I didn’t want to have…[Read more]

Dylan

Don’t bid at auction unless you have preapproval for a certain amount. When the hammer goes down you have bought the property.

The penalties might be able to be explained by someone.

Cheers
Leigh K[]

Read, learn, grow but most of all do it.

Hi Troy[]

Welcome to the forum!

Steve and Dave both have a famly trust and do a joint venture between the two trusts, as the trustees are companies nether of them appear on the titles.

You need to determine what goals you have and if working with a partner what there goals are also as you want to be going inteh same direction.

Once you have…[Read more]

Hi Cockster[]

Welcome to the forum!

Success is 80% Attitude, 20% action.

Spend time in the forum learning about cashflow positive investing then some time researching areas. My tip for you is (and I don’t usually do this but) look around Geraldton. Now I don’t think your situation is hopeless, but it may require some planning and changes like…[Read more]

Also buying under market value these days is incredibly hard.

You can get creative, but then as a newbie that in it’s self is really hard.

Cheers
Leigh K[]

Read, learn, grow but most of all do it.

Hi delyse[]

Welcome to the forum.

For my two cents, and I am only half your age but, your risk of being involved in property is no greater because of your age. If you follow the guidelines that Steve has set out (you will learn about them whilst visiting this web site and forum) then you are on a good track. If a property is returning money to…[Read more]

Hi Steph

Just remember things ALWAYS happen for a reason. Whilst that job might have seemed like the answer it was never going to be.

It does however, leave the door open for “the” opportunity. And my experience has always been that it always comes along shortly after a big disappointment.

So good luck and keep yours eye open.

Cheers
Leigh…[Read more]