sure!
what about?

We buy properties in all conditions. Can offer Immediate Cash Settlements, No Real Estate Agents Required
bricksnscience@optusnet.com.au
phone 0412 437 582

Hi jspri,

It would be interesting to determine how many property investors are or have been at some stage, in a proffessional field. I think you would find a few of them.

Uni for me was all the way, 10 years right up to PhD level. Although there is a huge difference between what I studied (medical science) and prop investing, I’m finding that…[Read more]

Hi jspri,

It would be interesting to determine how many property investors are or have been at some stage, in a proffessional field. I think you would find a few of them.

Uni for me was all the way, 10 years right up to PhD level. Although there is a huge difference between what I studied (medical science) and prop investing, I’m finding that…[Read more]

DONT DO IT!!!!

If you make an unconditional offer, it is your signature and reputation that you are able to buy.

The worst that can happen is they can force you to buy by court order. You may have to declare yourself bankrupt to prove that you can’t and you can kiss the rest of your investing career goodbye!!!

We buy properties in all…[Read more]

Hi TFO,

First of all, you already have a good start in being motivated, if you don’t have that step, all the money in the world wont help. Aussies advice for living at home is great. I got started in property at 19 (a long long time ago) and while I was still at uni too. The way I started might not be good for everyone, but here’s my story:

I…[Read more]

Its all part of the job BDM!

We had a phone call on a public holiday from a commercial tennat who was the sole tenant in a large ($1m) property telling us that they had just locked the doors, closed the business and are NEVER returning. It cost $8000/month to sevice the loan and no rent coming in!!! (I won’t scare people by saying how much money…[Read more]

He He, how very true!

Great topic Milly.

I had been taking people through one of our immaculate newly renovated rental properties all weekend. They all look so much better and cleaner than our own home. I thought about renting out our family home and moving into the beautiful rental property we were offering, but then I thought, we’d have to fix…[Read more]

Hi Rick,
Our aim is to head over in around October, but no definite plans have been made. If you’d like to have a chat, please call me on 0412 437 582

Cheers

Xenia

We buy properties in all conditions. Can offer Immediate Cash Settlements, No Real Estate Agents Required
bricksnscience@optusnet.com.au
phone 0412 437 582

Hi Rick,
Westan is fantastic, I can highly recomend him, great person too. I have already bought a propery using him and have met his team here in Australia.

Our plan for the next couple of years is to buy properties in the USA directly from the owner, like we do here in Australia. The reason is EQUITY!!! Buying houses at retail value, although…[Read more]

I really don’t understand what all the fuss is about. [blink]

If you have a good investment strategy and we are all sophisticated investors here right!!![wink3] Then so what if there is a decline in the real estate market?

For properties that are bringing positive cashflow, and there is >50% equity in them, as long as they are in an area with…[Read more]

Gee G7, now I’m blushing, thanks!

The reason I was interested in ireig is because of invest in the USA and this is a market I am growing very interested in.

They apparently fly you to the US and show you how to buy properties in pre-foreclosure all for ~$40,000 Australian + airfairs.

For that price, I wanted a garantee to get properties with at…[Read more]

Hi Scott, Can’t help you with your lease option question as I have never attempted them. I would be very interested in what the answer is when you have one.

However, do you live in Adelaide? There is a group of us that meet once a month to discuss investing ideas like lease options. If you’re interested please send me a private message and I will…[Read more]

Hi Don and Liz,
Can you recomend any property managers? I’m getting sick and tired of their “laid back, I’ll reply to your phone message next month” type of approach! Everyone I know who have property in Invercargill will not recomend their property managers, because no one is happy with them.

Since you’re already there, maybe you could consider…[Read more]

Hi Thomas
welcome to the forum.
without looking at the numbers, it sounds like you have a negative cashflow property.

Cashflow positive is when there is money left over after all expenses are deducted. Do you have a sofware program to analyse your property deals. I use REAP by Dolf DeRoos. Steve McKnight alsa has a property calculater although…[Read more]

Hi CME
Just a suggestion, but why do you have to limit yourself to Perth. I live in SA and have an accountant in Victoria (SA also). At the end of the day, you still need to send electronic summaries, emails, faxes etc to your accountant not matter where you are and if you need them in person, the only part of them you ever need to have contact…[Read more]

We tried to use Dale Gatharum Goss in Melbourne because of his savvy tax strategies. However, he did not want to take us on as clients because we have overseas properties (NZ and USA). He only takes clients that have Australian property and nothing else!!!

If you have overseas property, I highly recomend Active Financial Answers in Melbourne.…[Read more]

I think we need a new forum heading titled

USA properties

We buy properties in all conditions. Can offer Immediate Cash Settlements, No Real Estate Agents Required
bricksnscience@optusnet.com.au
phone 0412 437 582

Hi Cassy,

That proves the point, he thinks they don’t exist because he is not an investor. He is a sales person.

We buy properties in all conditions. Can offer Immediate Cash Settlements, No Real Estate Agents Required
bricksnscience@optusnet.com.au
phone 0412 437 582

Hi Luke,
I agree with Peter, that is a good point and one that comes up in my life again and again. Being rich does not mean that you are selfish. I didn’t have enough money to allow me to sponsor children in 3rd world countries when I was a poor student. Now I can!

How many poor people do you know that are greedy and selfish? I could name…[Read more]

Hi Simon,

Ask lots of questions some policys are dodgy. We had tennants kick in 4 doors, take 2 sliding doors off their tracks, broke the shower screen, and the oven. Our landlord insurence did cover it as promised, but there was a “seperate” $500 excess for each door and each thing claimed. It dosent even cost $500 to get a new door! Even though…[Read more]