Your partner seems not to be convinced so i am asuming there is a risk that you have maybe not disclosed.

Is it 100% guaranteed to return a profit

What are the down sides

How much money is the out lay and can you afford to hold it long term to get the profits you have caculated.

Is there a demand in the local market for profits

What is the…[Read more]

As M.Y points out there are many ways to value land especially its potential yield.

There is also the location factor, a 100 lot rezoned subdivision in a major CBD location will have a higher value than the same 100 lot subdivision in a country town.

Supply and demand also plays a huge part, you must build what is in demand for that area or you…[Read more]

Yes AJS i agree with you so how many properties do you own currently and what are you looking at buying at present.

There are a lok of experts out there with great theories and empty bank accounts.

What is the sence in owning an investment if it’s not going to go up in value by 10% a year, thats what stock traders expect so why isnt property…[Read more]

If you think out side the square and don’t just look at houses as investment vechiles you may be surprised.

How about,

50 – 100m/2 furnished office suites

Land rezoning and flik on with DA

You get what you focus on – unit developments are a problem, construction cost up by 20% and not a sellers market for a few years yet.

If Perth is 400k now…[Read more]

ten years from now what will they be saying about the price of property???

Renee rivken said “buy in gloom sell in boom”

The only people we are hearing about are the people that bought in “boom” and each have a storey or reason for their loss.

As we get older we get smarter – when you are young you don’t want to listen because you know it all -…[Read more]

Thats correct doondoon,

Markets and times change – when i first started out i had savings and put down a 40% deposit on my first property which was a one bedroom unit. I worked hard and saved putting my money into an investment account.

Currently we are involved in the negotiating of an 88 acre sub-division for 2mil on a no money down deal. The…[Read more]

I’m with GMH however i believe the market is changing in Perth and with another two rate rises before the year is out more blood will be lost.

Residex stated the med prices across the country

520k syd
Perth 420k
Qld 350k

Now i don’t understand how a population of 1.9mil in Perth can have a higher med price than Qld who is at 350k = 70k less…[Read more]

Sorry guys this was just an observation, as i found reading thid thread very hard and confusing, i simply could not follow it as it seemed to me to be very contriductry ..

I will stay away from grosses in the future – didn’t mean to be negative either as we are developers as well and haven’t come across this type of techniques. Maybe we are…[Read more]

Dear srobins –

Theories and opinions can only be check over time – lets see who is right or wrong at age 60, good luck with yours.

Doublek – IMHO and in our formular we never borrow more than 50% LVR – as many experts say cash is king andif the market changes which it is now you don’t want to be in a position of high borrowings,

so i suggest…[Read more]

I don’t nor would I ask people to invest in anything I tell people what I am looking at investing in and leave people to make up there own mind.
If I was give the chance to go a roller coaster ride and told I can hop off any time I wanted and this was a investing ride with rene, harry trig or even one of the share trader (not into shares that…[Read more]

Gross it doesn’t seem too many people are interested in your post there has not been one response to you other than your own in 21 days – why bother.

D

Firstly – Doublek,

I think with the both of you working as hard as possible now and reducing debt which increases equity you will be surprised just how quickly you will go.

Look for bargins even in your own area where you should know the cost per square meter of every property, ie; become an expert in your area first then use the same techniques…[Read more]

Dear Doublek,

I think buying your first property and living in a unit is very smart.

I take it you are married or are planning to.

How far away do you want to start a family?

Houses are very expensive to maintain. If you live in a unit the both of you could work an extra job on Saturday and that equates to 2 extra income days per week or 8 per…[Read more]

I can give u access to someunbelievableinformation on simultaneous settlementsand put and call purchasing, so ask me how

D

http://www.apin.com.au

There is also a new site under construction which offers free diy ebooks at www,apin.com.au go check it out …

D

Sorry Sarah but your numbers don’t add up.

You have 7k in the bank live at home on 66k per year and have a 28k debt

Come on Sarah what is your real problem- do the maths!!!!

D

Exactly Simon and time heals all wounds, then u r a guru to the younger people…

D

ThanksSimon great post,

For all the people who r reading this post i want to ask you a question which i hope u r brave enough to answer,now don’t be shy.

Forget about how many properties u want to own i want to ask this one question – what is your target.

Think for just one moment b4 u answer, and remember it takes 4millionto generate 2,000 a…[Read more]

Good points but lets not forget;

Credit card debt is now 36billion WHY?

86% of “interest free store accounts” don’t get paid out and then people are charged upwards of 27% interest WHY?

Financial basics is what is missing in most cases “if you can’t aford to pay cash don’t buy it.

If you are a PAYG you should not have a car lease – the cost of…[Read more]

I am also apart of a new online webucation site which has the front page up and the content going in over the next 4 weeks go check it out,

http://www.wealth4life.com

D