Hi there,
New to the forum, but have been reading on here like a mad man for the last month. So much information and so many great stories! I just spent the last 4 hours reading through the interviews and stories sections which had me clicking links to others profiles and finding their stories too
I have always loved the idea of living off property, but somewhere along the line I lost sight of it some how, but 4 or 5 weeks ago I had a meeting with an uncle of a work colleague, who is a financial advisor and now markets a complete property investment package type thing, so he has access to home & land packages through a developer, can arrange the finance and recommend solicitors, accountants, etc, for those that need them. Now I know how that can all sound and appear to some and it can be a fair a call, but he seems like pretty decent bloke and was completely upfront about his commissions, kickbacks, etc....
Anyway long story short, one package I nearly considered, was a turn key, 3 bedroom home and land package in Wyreema for $346,000. I am just curious as to whether any others on here see any value in that?
I never went with it in the end, as to me there were a number factors relating to numbers and area that didn't make it sensible buying and I am just wondering if others might be keen to share their thoughts on it and why they would or wouldn't consider it, just so I can see how my way of looking at it compares, anything I may have missed, not thought of, etc... (One other factor is that I already have two negatively geared properties)
I wont be going with any of the properties he offered at this stage, as after all my reading on here, I have come to realise that my wife and I first need to sit down and work out exactly what it is we want to achieve in buying properties and then work out the best strategy, or mix of, to get us there
Thanks in advance for any thoughts and opinions.
New to the forum, but have been reading on here like a mad man for the last month. So much information and so many great stories! I just spent the last 4 hours reading through the interviews and stories sections which had me clicking links to others profiles and finding their stories too
I have always loved the idea of living off property, but somewhere along the line I lost sight of it some how, but 4 or 5 weeks ago I had a meeting with an uncle of a work colleague, who is a financial advisor and now markets a complete property investment package type thing, so he has access to home & land packages through a developer, can arrange the finance and recommend solicitors, accountants, etc, for those that need them. Now I know how that can all sound and appear to some
and it can be a fair a call, but he seems like pretty decent bloke and was completely upfront about his commissions, kickbacks, etc....Anyway long story short, one package I nearly considered, was a turn key, 3 bedroom home and land package in Wyreema for $346,000. I am just curious as to whether any others on here see any value in that?
I never went with it in the end, as to me there were a number factors relating to numbers and area that didn't make it sensible buying and I am just wondering if others might be keen to share their thoughts on it and why they would or wouldn't consider it, just so I can see how my way of looking at it compares, anything I may have missed, not thought of, etc...
(One other factor is that I already have two negatively geared properties)I wont be going with any of the properties he offered at this stage, as after all my reading on here, I have come to realise that my wife and I first need to sit down and work out exactly what it is we want to achieve in buying properties and then work out the best strategy, or mix of, to get us there
Thanks in advance for any thoughts and opinions.
