Recent content by leytk004

Great stuff! Looking forward to hear more from you

Erica, as a fellow SS user previously mentioned: whatever you're on.. I want some!! Thank you for posting this valuable thread. I'm sure many of us have learnt a lot from your experience just from reading! I'm still looking for a property like yours minus the reno requirements. Hopefully...

I just usually send an email which includes everything you just mentioned plus proposed settlement date and how much I will be depositing if the offer is accepted.

+1 A home like this for me too please!

If you run a self-managed superannuation fund, you can access your super & invest in all types of real property, including residential property, commercial property, industrial property and even a farm (under certain circumstances).

Read my post above. Who says I haven't used the search button already? Challenge you to find some reviews on Paul Siwek/Logica on here mate. I'll kowtow to you if you can.

Hi Jamie, thanks but I've already read through all these threads before posting this question. There aren't any actual reviews of Logica Property that I saw on those threads or on SS that I can find. Still hoping for someone to step out and provide a review!

Hi again D.T., I am looking to retire in about 20 years time with at least 4-5 properties owned outright so that I can live comfortably on rents if I wanted to. I have seen a mortgage broker and found out that I am able to borrow up to $600k given my current circumstances. I certainly don't...

Hi, Has anyone engaged in the buyer's agent services of LOGICA property and have experiences to share? Paul Siwek (the director) charges $9,000 for a full end-to-end service which includes finding and negotiating for a property "for the lowest price possible" that matches your criteria...

Properties at $450k or below would be most ideal however if the rental yield is fairly high, the house is sitting on a large block of land with room for development in the future, AND doesn't require any further renovations in order to have it tenanted immediately then I wouldn't mind paying up...

Cheers for the tips guys. I'll be making time to go to auctions and inspections every weekend after work :)

Yes, only because there was a possibility of increasing the rent to $550 as of January next year with same good tenants. So I figured if I buy it at $550k then that would suit me just right. I will start my hunt in the other compass directions this week.

These residex Valuation reports sound handy! Can anyone get access to them or does it have to go through you?

The place is tenanted at $515 pw with very good tenants who have expressed that they would like to stay. However, I'm sticking to $550k as paying above $600k is too much IMO and doesn't leave much room for growth + more risks associated.

There were a lot of people at the auction but I made the opening bid of $500,000 and no one else followed so the REA bidded on behalf of the vendor at $590,000. This was beyond my limit so I didn't make a higher bid as it was still at $25k increments at the time so the property was passed in...