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  1. Brady

    approaching vendor for private sale

    I would be assuming that its $90-100K after expenses. From another thread I beleive he is looking to spend around $700k on two houses in QLD. And believe he has build properties recently in WA for around the $350k mark...
  2. Brady

    approaching vendor for private sale

    Far from accusing you of being an amateur, calling myself a pro or saying I have a large portfolio. I just can't see the benefit of waiting for people to go belly up for opportunities to buy. I think with good DD there are still enough opportunities to buy, which I will continue to do when I...
  3. Brady

    approaching vendor for private sale

    On an investment site you talk about a couple with a PPOR and refer that to opportunity cost??? What about someone with multiple properties, yes the costs are increased as the debt would be larger, but would likely come with a combination of increase rent and CG. If no purchase of IP is made...
  4. Brady

    approaching vendor for private sale

    Sash way I see it is if rates are to increase to 7% the economy has to have picked up, if the economy has picked up more people will have more money. More people with money means more people shopping. More people shopping more demand, more demand higher prices. But yes I do see people...
  5. Brady

    approaching vendor for private sale

    Because they are potential buying in a hot market with no or limited competition if they are able to purchase from the vendor direct.
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