quote:Do you think that, being my first property, I should attempt to do initial repairs myself? EnjoLady, would you do this or would you hire someone to do it for you, keeping in mind that this is my first property but also that it’s 4 hours drive away?
The property I just bought is my first positive cashflow investment…[Read more]
This exact situation happened to me a couple of weeks ago, due to other comittments I just couldn’t get out to see the property 4.5 hours away, however I was pretty sure I was going to buy it based on the numbers.
So I said to the agent how do I get this off the market for 2 weeks, he said you can make an offer and put the inspection…[Read more]
Just on the unlimited deposits, Steve and DAve are a Wrappers (not the doof doof type) so when they do a deal the new purchaser gives them his next deposit, the yield is 7%+ I assume and hence unlimited finance, am I right guys.
You sound like me in February, I didn’t know which way to turn or who to trust. Since Feb I have purchased a positive cashflow house and am looking at an offer on a block of units, I feel like I have come full circle.
How did I do that, well most of the thanks is to Steve & Dave and this forum. I have purchased all of the products…[Read more]
Thanks for the info, just wondering if that is 500k combined loans or 500k current loan being applied for.
I also read your article last night, it helped to clear up a few grey areas, I thought you took an interesting approach and agreed with your conclusion. So thanks for the help.
Folks,
Just about the service from the NAB, we are…[Read more]
We have a professional package with the NAB, have done for about 5 years now, we don’t get charged bank fees on any of our accounts and no application fees (although they find other ways of applying fees for things you’ve never heard of) and we also get half percent of all mortgage rates.
It has saved us alot of money just on regular…[Read more]
My advice is to make sure that you have the right people on your team eg, accountant, solicitor, brokers etc that have knowledge in teh field you are investing in and are also on your side.
I would also say read, reading is the fountain of wealth.
I am looking forward to hearing your report when you return, I think many of us are keen to invest there, but just don’t have the contacts. It will be interesting to see what you think.
We are at the same stage as Wilandel, we have a hybrid trust which our accountant created for us and we have done our research about how to use a trust, but how do we get this unlimited finance part going.
Also is it possible for you to email a copy of your no money down article.[]
I was pleased to see this post pop up again as I was only thinking about it last night. I wanted to reread my goals that I posted for all to see, and I must say I am happy with our progress.
Here is a quote from earlier
quote:OK, at the very end of the night Steve made Del (wilandel) promise to cut her hair off if she didnt make her…
If I was that interested in a property I would ask for a vendor statement (section 32) as by law this must be available before selling. It is also free from the smart a$$ that wouldn’t tell you in the first place[].
By the way Adofunk can you go to the PI.com RollCall post and put in your details because I really want to know where…[Read more]
I am so pleased to see so many of you great people sharing a little of your life with everyone. It is so nice reading about all of you and funny to realise that the image you may have conjurred up in your head about a person is quite off the mark.
Well, I am TheENJOLady and my name is Leigh, and I am married to Matt (new alias – TheENJOHusband) we have one son Nathan who was 2 yesterday.
We live in Doncaster in Victoria but are originally from Sydney. I am an ENJO Consultant (surprise surprise) and Matt in a Marketing Manager in teh HEalth care industry.