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• Buying “Off The Plan” - The Good, The Bad & The Ugly
• Nick’s 2008 Christmas @ mrd Wrap Up
• Staff @ mrd Get Elfed!
• What’s Christmas Without A Reindeer Joke?

Each week I strive to provide quality and relevant FREE education for property investors… to empower them to buy real estate wisely, rather than being sold to. Our unique customer care program works for all clients… because investing is personal. Today I want to look at the good and the bad associated with “Off The Plan” purchasing.

People insistent on seeing and touching a property before contemplating a purchase may be missing out on the benefits associated with an off the plan purchase. Off the plan is simply property not yet registered with the Land Titles office; either near completion or perhaps before construction has begun. There are numerous advantages buying off the plan but you need to understand the potential pitfalls.

WOW, what an exciting year 2008 turned out to be! We started by moving our office on Australia Day. When the removalist arrived at the new location ready to unload the guys who had constructed the office partitioning were still sanding down plaster board… and there was dust everywhere (and I do mean EVERYWHERE). They had not started painting at that stage. Suffice to say that the turbulence of the last 10 days of January, culminating with Katrina and me jumping on a plane to head over to Fiji to be part of my former business partners’ wedding, set the tone for what was to become a very “different” year.

I’d like to share with you two of the slides I use in my presentations around the country. These slides emphasise two of the messages I echo… and 2008 has confirmed their validity. They are:

1. “You Need To Do Something”
2. “38 Years Of Economic & Social History: 1974 To 2008″ and property proved itself to be resilient… regardless!

In your household, I hope history continues to repeat itself ONLY IF your are making significant and measurable financial progress… each year that passes.

How come you never hear anything about the 10th reindeer “Olive”?

Olive?

Yeah, you know, “Olive the other reindeer, used to laugh and call him names”.

• Buying “Off The Plan” - The Good, The Bad & The Ugly
• Nick’s 2008 Christmas @ mrd Wrap Up
• Staff @ mrd Get Elfed!
• What’s Christmas Without A Reindeer Joke?
• Waterside Residential Property Update - Dec 08
• Seashells @ Clifton Property Update - Dec ‘08
• Consumer confidence surges 7.5%: survey
• WARNING… The $34,000 Avoidable Disaster!!!
• Property Market & Economics Analysis Web Seminar - Recorded @ MRD in Nov 2008
• Over 43,000 Losing Out After Rate Cut
• The Stock Market Explained
• Christmas Closure
• Rent Bidding To Be Outlawed

Happy Investing,

Nick Lockhart

© mrd your property investmentmentor.com.au
t: 07 5580 8888
f: 07 5580 8833
p: PO Box 25 Bond University Q 4229
e: info@investmentmentor.com.au

From the desk of
Nick Lockhart
Varsity Lakes, Qld
@ 02:37 pm
Written Wednesday 7th January 2009