Recent content by silas

Hi GSJ Yes I went along and found it helpful mostly it was an expansion of his book and at the end in the question time talked about syndicates and the state of the market. Chris was taking a video of it which I think will be available in March or April. Silas

Thanks grossreal appreciate the input Silas

Love the concept Grossreal Where do you find properties returning 12% with 6% annual rent increase Silas

Hi Lenojd In the example the assumption is that the properties have increased in value or you have paid down some of the loan which means you now have some equity that you can use for another deposit. Every product varies with different requirements. Usually if you able to borrow more...

Hi Ben Qld There are lots of posts on this. I use CGU which have given good service. Silas

Hi Arms How much of your equity you can use will depend on the loan to value ratio that the lender is prepared to loan you and the value of the properties that you now hold. eg Say your three properties are worth 1,000,000 and your current loans are $700,000 (leaving you $300,000 equity)...

Thanks Chris that makes a lot of sense. Appreciate the response Silas

Thanks Chris for all the information. Just a question on the nett passing yeild. If the net rent is 1,065,983 PA (from web site) and the cost was $7.24M (from the post) how do you arrive at a nett passing yeild of 8.7%. Its possible that I don't understand the term. I would have anticipated that...

hi CGW I use CGU through a broker. Was very greateful we had it just over a year ago when a newly renovated property was burnt down by the tenant (He was drunk and angry) This would not have been covered by a normal policy as it was the occupant who purposly set the fire. (Malicious damage) Over...

Thank you Chris for your reply it is very helpful Silas

Great questions GSJ. Having talked to a few investors I have found it difficult to get an answer on cycles I understand the supply and demand aspects of commercial cycels but would like to understand more of the length of a typical cycle and where we are up to at the moment. Silas

I did years ago as part of a Quantity Surveyor's training. I find that any investment has risk which is minimised by knowledge applied appropriately. I have found that understanding the ways that properties can be valued helpful in both understanding the market value of a property, understanding...

Hi just reading Dolfs book 52 houses in 52 weeks. My understanding is that the 100 10 1 is a guide not a law. Again what I think that they are saying is that it is a numbers game. I have also just watched the movie the pursuit of happiness where Will Smith plays an uneducated trainee stock...

Hi Greg. Last year I replaced an asbestos roof (with a mate) and so found out what I needed to do (in Melbourne). You will have to find a tip that will take it and they will tell you what you need to do. We used a bin where the hire included the removal and had to wrap it in two layers of...

Thanks Geoff