Recent content by Jontxu

Sure you can, get the owner to treat them or get a price reduction I have done both. I have bought properties with termites on the back fence, etc. Mind you, these deals were returning 10%-12% yields, so I could "justify" the risk... Happy Investing Jon Salvador www.headinghome.com.au

Yes Hi Rex, the inspection will only cost you around $200, do it. Happy Investing Jon Salvador www.headinghome.com.au

You dont have to convince the agent, you have to have your solicitor negotiate with the vendors solicitor, the agent has no business in regards to clauses. Jon Salvador www.headinghome.com.au

Rent guaranteed for first two years, or cash back rental schemes = fishy Jon Salvador www.headinghome.com.au

Maitland had a 14% median price growth over the last 12 months to December 2007, I did not have to go to Brissy or Melbourne to achive this kind of returns... NOT all the Hunter is a low socio-economic "farm", the wineries, the 4.5 star resorts, the coal minery and the proximity to Newcastle...

Love them too!, so much you can do. Last one I bought was a home here on the Northern Beaches of Sydney, the agent copy said it had 5 rooms, when I inspected the property the thing had potential for 8 rooms, so I did a minor reno ($20K), converted the thing into an 8 bedder - dual occupancy set...

Yeah, nothing like working out the value of your properties based on actual sales for REAL COMPARABLE properties. After my first few years as an investor, a friend of mine lured me into the corporate world and I became an analyst for some of the “larger” agencies (PRD Nationwide, Colliers...

quality and size of the job at hand Hi there, it depends on the quality/finish that you want. The cheaper ones do not have the power for an even spray, so you can see it in the surface. It also takes more paint to make it up for the lack of spraying power. If you are going to paint a 1910s home...

Herd mentality Hi Void, the “global credit crunch” will see you getting more rent for your IP as a lot of people defer buying and investing in times like this. If the property you are going to purchase makes sense today, it will makes sense tomorrow, next week, next month, next year… Happy...

Alexlee, What I am saying is different. You are talking about ANZ with a "Japanesse" hat lending to another ANZ in another country, same family. I am talking about ANZ lending me to go buy a property in Ecuador. With all respect to Ecuadorians out there. Happy Investing Jon Salvador...

"Cultural" Differences Hi Simon, wouldn’t that be great - I don’t have the answer; however this is what I think. Banks need to have a security against the loan, in other words, they need to be able to recover the money if one fails to pay. As a lender you face risks such as different...

also... As a buyer’s agent and property investor, I deal with real estate agents almost on a daily basis. One thing that I have noticed lately is that investors, mums and dads and buyers in general have become savvier on some of the technicalities of property investing. I have also noticed that...

sell what is not yours yet... Hi there, you need to work with the builder, however you also need to work with an experienced agent that has experience in selling house and land packages. Maybe “put” an option on the site, sell what is not yours (yet) and if you can get some sales happening...

Kerbside valuation Hi there, maybe the bank did the valuation however did not “told” you. See, what happens in many cases is that depending on where the property is located, and the type of property, the bank only does what is called a Kerbside Valuation, basically the valuer does not have to...

Experienced Valuer Your best bet would be to talk to a valuer that has got experience in this type of properties. Ring a couple of the “bigger” valuations firms and see how you go, maybe for a "small" fee they can help with working out the real value of the property (and get you the deal). I...