HHmmm there is a hotel for sale in Hornsby Sydney with 30 rooms for 3.2 mill ??? that's 100k a room … zero to 30 properties in one buy ???

Yes Richard you are correct … but it is every where else as well … is this the new push for 2010 don't buy in Aus we are all moving to USA hahaGosh we'll be all alone just like the movie hahaHappy new year Richard I look forward to reading your posts as always …D

Yes Matt you are correct …These seminars are directed at the unsophisticated investor who is "lured" in thinking they are going to get rich …Fighting against these people will only create new ones emerging and you will never win … look at Jenman.They generally last for 3 years until their popularity diminishes. Danny and Paul Hanna ……[Read more]

Hmm interesting advise and responses … "scaremonger" haha funny …The question from the beginning is as it is a simple question …Many years now the average interest rate was around 11% then in the 90s it shot up to 20% which was never expected …TFHO are borrowing for the first time in a market of severely low interest rates compared to…[Read more]

Dear Dan I don't know what planet you are from or how much experience you really have …Low end market is strong it always is at the bottom …In Sydney EAST of Pacific Hwy and Lower North Shore and Eastern Suburbs etc properties have dropped by up to 50% … this is top market and he was right … also this can be effected more …First home…[Read more]

I would love to share the strategy Matt but it would take too long … basically found a site and had a buyer in mind … solicitor drew up option agreement (contract) … employed a planner and lobbyist to change the zoning under the LEP and wooska exchanged …No big deal in Options … an option grants you time … the contract is simply an…[Read more]

D interesting response …Contrary to yr belief I am positive and own a number of investment properties, my first was a one bedder in Balmain for $42,000.00 and still own it hence I love one bedders close to CBDs.Having a good positive mental attitude standing in front of a forest fire will not put the fire out.Having a balance on a reputable…[Read more]

Dear DW this is not a negative question it is a very intelligent question …How old are you and how much experience do you have ?????The government in it's wisdom decided to spend our tax dollars into this scheme to help the building industry … TFHO are the most desperate to get into real estate and have borrowed at 100% with reports that the…[Read more]

Read Peter Spanns books he owns over 50 one bedders for a reason …I love them we just bought a one bedder in Sydney Wahroonga for $225.00.00 in a plus 55 with a rental guarantee of $300.00 but have given it to a local agent with a furniture pack (tax deductible) at $400.00 per week …Easy to rent easy to sell if you need to … great ROI … go for it

Yes I have offered this …The secret is the finance agreement … "Vendor Finance Agreement Document"Costs about $4,000.00 to have it drawn up by a good solicitor … no you cannot have a copy of mine for FREE but I can send you a template for $1,000.00

If you do the numbers and there is a profit then do it …If you do the numbers and and they show a loss then dont do it …List ALL the costs … get them checked by an accountant … make a decision then move on …CGT is a good thing because it means you have made a gain … If they numbers don't work don't rework the numbers …

HmmmSounds too expensive foir a 3 bedder …Collingwood Park 4 bed DLUG new for under 400k … u can buy new in Coomera for the same money ??Termites are a major problem …

Sounds toooooooo hard for me …Why don't you just sell them then buy a PPOR … trading is fraught with delays and dangers and lots of time wasting negotiations …

My sister in law is in the same situation … Answer pay extra into the loan … sell and pay back loan then start again … renovate to add value to raise valuation … sorry s..t happens thats life hang in there another 10 years will help you.

Close to the CBD walk to rail, bus, shops, hospital, schools, golf course, parks etc Are you married … ask your solicitor about CGT … can you live in it while looking for another then get it revalued and use the equity to do another … do you have a good accountant or experienced property adviser.Good luck

It is a fancy word used by John to sound different at that time … fast cash is risky and you need lots of experience like JB had.For many of the sophisticated deals you honestly need to be very experienced or you will make a fool of yourself and get nowhere.Property options … simultaneous settlements … JV Partnerships … Trading … Put and…[Read more]

I think you sound like a very smart and savvy 25 year old … good work you are on track.Everybody has opinions and there are millions of scenarios when it comes to real estate investing … suggest you read the good books to help your head like …. the richest man in Babylon … rich dad poor dad … the cash flow quadrant … tony Robbins for…[Read more]

First question is why would you do this … Second point is stamp duty …Why not a trust …Seek legal advise …You have obviously heard this b4 so from whom …I'm confused

1 … stay away from financial advisers they have lost over 8 billion dollars of investors money in the last 3 years …. IMHO they are a legend in their own mind.I started with a ground floor one bedroom second had apartment at age 19 in Balmain Paul street … dad helped me with the deposit and it was $38,000.00 I suggest you start small ……[Read more]

10% and 90% physiologyYou hit the nail on the head … once you break through the fear barrier you are on the way … 1 – 2 – 10 – 20 properties is not about buying properties it is about developing a positive mind set for success …Anthony Robbins … good luck and that feeling is still the same when you buy number 20 or a new car or a new suite…[Read more]