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  1. J

    Making 5 acres cash-flow postive - North West Sydney

    Hi Everyone, I was thinking about buying 5 acres in north western Sydney and land banking. The areas of interest are: Riverstone Oakville Vineyard Marsden Park Schofields Shanes Park Ideally I don't want the investment to impact my standard of living (income), however I am...
  2. J

    Property Development Project Management Fees

    Yes someone has offered this service to me. They want $16,500 up front before starting and then will take 35% of the final valuation profit minus costs (not including interest costs though, just land and build). The $16,500 will be included as part of the 35% and the difference payable. Do...
  3. J

    Property Development Project Management Fees

    Hi Forum, I am considering using a property development project manager to take care of all aspects of a property development project. The duties that they will be responsible for are: ------------------------------------------------ -Find property that can be developed in the...
  4. J

    First Development - Brisbane - Need a team

    Hi, I am considering my first property development in Brisbane. However I need to work with an experienced team of people who can help select the site, design, manage the project and build. As I have a 9-5 job I don't have the time. I have seen a company called malyshka.com.au who provide...
  5. J

    Property Investing Magazine Data

    Thanks all for the responses. I have an official PDF copy of API Jan edition. However you are unable to select the text on the page. It's locked. I have tried the OCR in Adobe Acrobat Standard but when you copy and paste the data it is all messed up. There is not real easy way to get at...
  6. J

    National RP Data subscription with Investor Group

    Hi, Hope I'm not too late to join. Could you please PM me the information? Thanks!
  7. J

    Property Investing Magazine Data

    Hi, At the back of each property investing magazine there is a state by state property price guide with data for each suburb. It takes up the last 40 pages of the magazine. Does anyone know where I get that data in electronic format. For instansance is there a PDF of the magazine so I can...
  8. J

    500k equity - what do I do?

    Yes that's a great return, which buyers agent was it?
  9. J

    500k equity - what do I do?

    Any suggestions as to where I should be looking. I don't knwo a thing about commerical, but am certainly will to start investigating. Cheers!
  10. J

    500k equity - what do I do?

    Yes I believe you are right, the equity is not cash as it it locked in a asset, ie, house. Servicabilty is key as far as I understand. That's why I look for cashflow positive properties. because the rent pays off the loan, and as long as you can prve that to the bank then they are cool with...
  11. J

    500k equity - what do I do?

    So basically you are a bank... you are buying a bank loan book. Other people loans and profiting from the interest replayment??? Is that right. Effectively you own the rights to others loans. ?
  12. J

    500k equity - what do I do?

    I think you might have a point there with the next coming GFC, from my research it will dwarf the 2008 blip. Will the aussie realestate market dodge it you think... we are in a very good position...hmmm
  13. J

    500k equity - what do I do?

    Sorry Aaron still don't quite get it. I'm not in the financial sector as a day job. Can you explain alittle please.
  14. J

    500k equity - what do I do?

    Thanks Peter, great advice. I feel like the pressure is on for some reason, otherwise I am wasting opportunities. You are so right... bargins are plentiful. Can you give any tips on identifiying them? Thanks.
  15. J

    500k equity - what do I do?

    Sounds like you have lived the dream! ;)
  16. J

    500k equity - what do I do?

    Yes the income is over 100k so I know I am in a great position but at the same time don't want to rush in a screw it all up. Ive been thinking recently that in low risk areas I would consider 95% as it will leave more equity to do further investments, considering time is on my side...
  17. J

    500k equity - what do I do?

    Hi Delta, As long as the historical vacancy rate is low for the area, I guess buying 10 properties does not both me that much, sure it would be great to find a couple that will performace as well as 10 would, but that would take more research and risk. I do not care for managing the properties...
  18. J

    500k equity - what do I do?

    Hi Travelbug, yes you are indeed correct. The equity is being released from a PPOR property. After much research I did realise that I need to use this equity as 20% deposits for additional investment properties, with the other 80% coming from additonal banks loans. I like to think of the...
  19. J

    500k equity - what do I do?

    Thanks Rolf, yes absolutely I would be taking out further loans based on this equity. 80% or less for risker investments and tp to 95% for solid property investments with little risk + a cash buffer. If you were in my position at age 30, what what would you be doing exactly? Cheers Rolf!
  20. J

    500k equity - what do I do?

    So the trick is to be a contrarian investor. I hear what your saying. Could you suggest any areas/ cities that are currently at the bottom of their cycle, I'm ready to investigate further and snap up a deal? Thanks Aaron!
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