Recent content by RedskinTigerfan

Must say that i totally agree. Had very similar phone call/discussion and was told that all properties that investors had bought in the development were cash flow positive. When i pressed him if he had purchased into the development he sheepishly answered with, Yes i purchased one. My first...

About 2 weeks ago i was surfing this forum reading many threads and posts and came across someones advice/recommendation about making offers on property. They talked about putting in initial offer and if rejected to put forth one final offer but doing it in a way that would always leave the door...

We have not asked for any section of the driveway to be removed, big or small. Of course it can be easily fixed and if not then an amount taken from the settlement figure to cover the repair. We threatened them with delay of settlement but were told that you can not stop or delay the...

Regardless whether our truck would have done the same (and thats even if we used a truck) the point is if we done it, no probs our fault, but the fact of the matter is we did not do it - THEY DID.

Exactly what we thought, the removal truck full of the vendors furniture and belongings.

I tried that but the pics were not of that part of the driveway

We don't have a solicitor just a conveyancer.

Thanks for the offer but i dont need up to date pics, i needed pics between 2007 and 21012 which google maps had and there was no crack.

Daughter's first PPOR. Problem before settlement? Hi everyone Looking for some advice on an issue that has been discovered on my daughters first PPOR which is due to settle on the 29th Nov 2013. When she and her partner went to the property (Berwick, Vic) last week to show his parents they...

I know its been awhile but has anyone got any updates on Morwell. thinking of buying in due to low entry level for my first IP but not sure on capital growth prospects and looks like most properties are not getting enough rental yield to achieve +CF. Anyone have any thoughts on the area at...

The growth of properties in the town does worry me slightly but the 2 towns either side are getting better. You guessed right with it being a country town - MORWELL, VIC. Need to do some more research on the other questions about the town you have asked. Vacant land not an issue.

Yes the above calcs were on interest only and i did keep in mind the P&I repayments.

Thanks for your reply Terry. I appreciate your example and please don't take this the wrong way but is it possible to just stick with my above example so i can get my head around my very own real example/situation. I am very new to all this and would find it much easier if the figures i have...

Hi Guys After much consideration and some helpful advice from some of you here on the forum about our original plan to buy, reno then sell IP's, we have decided to change direction and buy & hold. Found a property (which would be our first IP) and am wanting to put an offer in. Its a 1977 BV...

At this stage (Especially being our 1st IP venture) we have no desire to deal with tenants, property managers, insurance companies etc etc. Want to keep it as simple as possible and deal with minimum people in the process.