Why would you sell an Investing Property? #187 I just sold a Property in Melbourne, at made $110k profit in 4 years - Sale price $293K 1. Property is at the Peak of the market - You’re thinking there is going to be a price decline 2. Look to move the money into other property or business 3. Watch out for the Capital Gains Tax - especially if you are doing multiple sales in 1 year To discuss ideas, Call Luke Moroney - 0400332377 - Search Party Property - Buyers Agents Sign up for our ‘Property Deal of the Week’ email (via our website) We have a referral program for those interested - DM me for info.
Are you doing your Passion? #185 My Uber Drive does - Cars Deals & Sells them overseas - Big market in Scandinavia-car clubs His keys to success - 1. No car shows or advertised cars (Buy Wholesale) 2. Sticking to 1 strategy, simple formula - $120k sell, $70k buy + $15k Reno (at most) $30-50k profit 3. Understand cars, find faults in 20 mins looking under the car (Bumper dent - I hope nobody was killed) 4. Set up his team - staff in USA & Overseas - equally as passionate … Why retire, when you live what you do To discuss ideas, Call Luke Moroney - 0400332377 - Search Party Property - Buyers Agents Sign up for our ‘Property Deal of the Week’ email (via our website) We have a referral program for those interested - DM me for info.
What can we learn from Flipping property LA Style? #183 Property Tour with Adam Halen in Los Angeles 1. Solving peoples problems 2. Working with a team 3. Making profits To discuss ideas, Call Luke Moroney - 0400332377 - Search Party Property - Buyers Agents Sign up for our ‘Property Deal of the Week’ email (via our website) We have a referral program for those interested - DM me for info.
Why some see problems, others see opportunity? #182 After talking with a few LA locals… When people complain I hear - OPPORTUNITY 1. Issues with affordability, rent control, cost of living pressures 2. The mindset of how you want to live - do you accept it, dwell… OR move forward? 3. As investors, we are problem solvers To discuss ideas, Call Luke Moroney - 0400332377 - Search Party Property - Buyers Agents Sign up for our ‘Property Deal of the Week’ email (via our website) We have a referral program for those interested - DM me for info.
Why would you use a Property Buyers Agent? #181 Our Aim is to help people retire in 10 years 1. Get discounted Properties that will be even more than the $8,800 fee we charge - because of relationships built over the past 9 years 2. Area and Property knowledge - What streets are better than others? Why does one deal work over others? 3. Your time - is your time better spent in your job or with your family? To discuss ideas, Call Luke Moroney - 0400332377 - Search Party Property - Buyers Agents Sign up for our ‘Property Deal of the Week’ email (via our website) We have a referral program for those interested - DM me for info.
Do you Escape from Property completely? #179 1. 1st photo - building site 2. Drawn to people and things associated with property (architecture drawings at SYD airport, finance talk, 2 guys at a cafe in LA) 3. I did - sample the local Korea Town food To discuss ideas, Call Luke Moroney - 0400332377 - Search Party Property - Buyers Agents Sign up for our ‘Property Deal of the Week’ email (via our website) We have a referral program for those interested - DM me for info.
Do you allow for Escapism? #178 1. During the day 2. For extended periods 3. Consistently to rejuvenate To discuss ideas. Call Luke Moroney - 0400332377 - Search Party Property - Buyers Agents Sign up for our ‘Property Deal of the Week’ email (via our website) We have a referral program for those interested - DM me for info.
How do you work on yourself for better outcomes? #177 1. Being yourself 2. Letting go of your thoughts-Avoid overthink 3. Escape the daily grind - mix it up To discuss ideas, Call Luke Moroney - 0400332377 - Search Party Property - Buyers Agents Sign up for our ‘Property Deal of the Week’ email (via our website) We have a referral program for those interested - DM me for info.
What value do you get from being with like-minded people? #176 1. Motivation 2. Ideas 3. Momentum 4. Education To discuss ideas, Call Luke Moroney - 0400332377 - Search Party Property - Buyers Agents Sign up for our ‘Property Deal of the Week’ email (via our website) We have a referral program for those interested - DM me for info.
How important is your Property Manager with Investing? #174 1. The selection of the tenant 2. Moulding the tenant to be proactive 3. Communications and Efficiency To discuss ideas, Call Luke Moroney - 0400332377 - Search Party Property - Buyers
What do you need to be Self Aware about in Property? #172 1. Do you go it alone? It is cheaper, it’s easy to buy property 2. Looking for the Quick wins - focused on the Money 3. The relationships you make - does it feel right? To discuss ideas, Call Luke Moroney - 0400332377 - Search Party Property - Buyers Agents Sign up for our ‘Property Deal of the Week’ email (via our website) We have a referral program for those interested - DM me for info.
What are the little things some investors miss? #171 1. More affluent Buyers heading to Europe/USA for mid-year and year-end Holidays 2. Building relationships with agents will help with knowing if they want to move a property fast or slow 3. Getting those off-market deals, especially in a low listing environment To discuss ideas, Call Luke Moroney - 0400332377 - Search Party Property - Buyers Agents Sign up for our ‘Property Deal of the Week’ email (via our website) We have a referral program for those interested - DM me for info.
Wanting to invest as little as $10,000 into Property? #169 1. Asking price: $5M. Offered $4M. Vendor Countered at $4.5M. 12 months passes. Vendor finally agrees to $4M price. (Vendor's bank Valuation which came in at $4.2M) 2. What are the reasons for this Caboolture Property provide capital growth? 3. How does the investment works, and How can people get involved? To discuss ideas, Call Luke Moroney - 0400332377 - Search Party Property - Buyers Agents Sign up for our ‘Property Deal of the Week’ email (via our website) We have a referral program for those interested - DM me for info.
Why are Costco and Buyers Agents the same? #168 1. Relationships with Agents (Suppliers) 2. Buying in Bulk 3. Ready qualified buyers To discuss ideas, Call Luke Moroney - 0400332377 - Search Party Property - Buyers Agents Sign up for our ‘Property Deal of the Week’ email (via our website) We have a referral program for those interested - DM me for info.
Would you buy a unit that is less than 20 years old? #166 1. Opal Towers & Mascot Towers - ongoing issues & potential of decreased values 2. Outside Cladding fire risk on high rises units 3. Over supply of units - For Sale & For Rent (in some areas) To discuss ideas, Call Luke Moroney - 0400332377 - Search Party Property - Buyers Agents Sign up for our ‘Property Deal of the Week’ email (via our website) We have a referral program for those interested - DM me for info.
How do you get past the life and property issues? #164 You can also view the Facebook Live Video with Tony Meredith - 23 June 2019 (Luke Moroney - Facebook Page) 1. Why people know what to do, yet don’t do it 2. Focus on the solution, not the problem 3. Busy day, overwhelmed, What do I do? To discuss ideas, Call Luke Moroney - 0400332377 - Search Party Property - Buyers Agents Sign up for our ‘Property Deal of the Week’ email (via our website) We have a referral program for those interested - DM me for info.
If you buy a Dud Property, how do you move forward? #163 1. Assess the property, the current market, the economy - do you hold or sell? 2. What are the lessons you have learnt, and/or is the Property market been poor? (Finance has been tight for everyone) 3. Do you have patience? What is the rush? To discuss ideas, Call Luke Moroney - 0400332377 - Search Party Property - Buyers Agents Sign up for our ‘Property Deal of the Week’ email (via our website) We have a referral program for those interested - DM me for info.
What’s happening in Melbourne outskirts? #162 1. Lower listing numbers, and lower buyer numbers 2. First Home Buyers - waiting for the Government Incentive - starting in 2020 3. Buyers handing back their deposits or looking to on-sell New Builds at lower price To discuss ideas, Call Luke Moroney - 0400332377 - Search Party Property - Buyers Agents Sign up for our ‘Property Deal of the Week’ email (via our website) We have a referral program for those interested - DM me for info.
There are big drops in New Build sales!! #161 1. Sales volumes fallen 30-70% for various developers in past 12 months (SMH article - Rob Freeman - Macquarie Equities) 2. Buyer Defaults are at 5%, well above average of 3% for Stockland? (SMH article) 3. Economy continue to looks weak, with thoughts of rate cuts or quantitative easing - suggested by Reserve Bank of Australia OPPORTUNITIES FOR BUYING ARE OUT THERE!! To discuss ideas, Call Luke Moroney - 0400332377 - Search Party Property - Buyers Agents Sign up for our ‘Property Deal of the Week’ email (via our website) We have a referral program for those interested - DM me for info.
As an investor, when you pay down debt? #160 1. What are your goals, vision, purpose & what are you comfortable with 2. Is there a ‘Best Practice’? (does one method fit all) 3. If you want to maximum your potential to grow, are you maximising the leverage? To discuss ideas, Call Luke Moroney - 0400332377 - Search Party Property - Buyers Agents Sign up for our ‘Property Deal of the Week’ email (via our website) We have a referral program for those interested - DM me for info.