All Topics / General Property / Bird Dogs WANTED

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  • Profile photo of ColloCollo
    Participant
    @collo
    Join Date: 2005
    Post Count: 3

    Interested in postive cash flow property anywhere in Australia. Can someone point me in the right direction with regard to palming off positive cash flow properties for a fee. Any response appreciated.

    Cheers
    Collo[bandana]

    Profile photo of westanwestan
    Member
    @westan
    Join Date: 2002
    Post Count: 1,950

    Hi Collo

    if you want aust property try Australian House Hunters
    http://www.hunterhousehunters.com.au
    I know Mic and Deb and know many of their happy clients. Although i must admitt i’ve never used them. But then again i haven’t bought an IP in oz since 2003.

    if after NZ try Minimogul, although she is having trouble finding deals

    regards westan

    USA information evenings in Melb, Syd and Brisbane in early April, email me for more info. We find cash positive deals showing 15-25% Returns in the USA email me at [email protected] to join our database

    Profile photo of MiniMogulMiniMogul
    Participant
    @minimogul
    Join Date: 2002
    Post Count: 1,414

    Hi Westan,

    no I’m not! (having trouble buying deals!)
    It is just that nothing much is making the list.

    Deals are just fantastic! it’s amazing what you find if you are always looking, as are 5 other compadres and members of our team!

    Just put a great deal under contract today, 30 min from Tauranga with about a 200k upside for us!

    A deal where I negotiated access before settlement …- which is not for 4 months…! – during which we will add ‘considerable’ value for 10 percent down! Quite pleased with that one!

    Our spotter just signed up a home and income for 100k, great condition, 12 percent, excellent area and town where we are buying up as much as we can cause we believe it’s seriously undervalued and set to zoom!

    3 deals under contract for 27 percent under registered valuation in one of the hottest spots in NZ and a percentage of it vendor financed to boot.

    Run down house for 30k CF+ve on awesome subdividable section in brilliant street.

    And there were some great ones that went to the list in the last couple of weeks too, 50k Wanganui renovated great street nothing to do CF+ve freehold!

    and one for 40k, spend 15 and it will be worth 90’s, CF+ve, two streets from the beach.

    The fact is, that we are definitely finding the great deals, buying everything ourselves that we can, and we have several deals to order clients for whom we offer a private service, and a lot of them want multiple deals.

    We just recently introduced this deals to order service to cater to clients who want a specific sort of deal, or are sick of missing out on our deals to the list and don’t mind paying a premium ($600 more) to be offered deals first. Also because people were complaining that they aren’t necessarily glued to the internet when I put out the deals.

    Also because so many clients have already bought from us before that ‘priority client’ which used to mean 24 preference ahead of those who hadn’t purchased from us before is now meaningless, because often deals are ‘priority client’ followed by ‘priority client’!

    re Mick and co, yes, nice competent spotter with two ‘researchers’ on staff. $2700 to join the list, and then $3500 (I think) for a deal. Total $6000 odd per deal.

    Was chatting to him about it.
    Asked him if he still charged that on a 55k deal. He said yes. Said ‘and that’s why we’re so successful’, unquote.

    Quite.

    Much better value is DD, who I have used myself.
    However AFAIK he doesn’t do Kalgoorlie!
    (not that there’s anything wrong with a service centre for a 2 billion dollar industry which happens to be the largest populated regional area in Australia, other than, ‘it’s not Queensland’!)

    – he specialises in the A+++++ investing state of Queensland!

    cheers-
    Mini

    Profile photo of westanwestan
    Member
    @westan
    Join Date: 2002
    Post Count: 1,950

    Ok Mini

    good to hear you are finding the deals. Sorry i worded it badly and should have said you are having trouble finding enough deals to meet demand

    regards westan

    USA information evenings in Melb, Syd and Brisbane in early April, email me for more info. We find cash positive deals showing 15-25% Returns in the USA email me at [email protected] to join our database

    Profile photo of scotty3scotty3
    Member
    @scotty3
    Join Date: 2003
    Post Count: 54

    Hi Collo
    Send me a PM and I may be able to help.
    scotty3

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