Total Members: 159,382

businessglobal

  • businessglobal replied to the topic Is property investing really all its cracked up to be? in the forum Help Needed! 16 years, 11 months ago

    Ive got 2 degrees specialising in property and business, and some of the analysis paralysis in this topic thread is enough to spin the best mind in circles.Whilst everyone is debating up, down, property, shares, rents, inflations, and Maslows hierarchy of needs with dogs salivating, theres deals out there, money to be made and people doing it.Im…[Read more]

  • businessglobal replied to the topic Buyers Agents in the forum Help Needed! 16 years, 11 months ago

    Great call me after 10am is great – Not sure I exactly understand your question- have I had experience of selling my own stock or do I own stock, or do I have my own properties? Yes 15 yrs real estate / construction experience in Sydney, Brisbane, and NZ- Buying, selling, advisory, project mgt2 degress in Business/ PropertyPost Grad in PropertyDip…[Read more]

  • businessglobal replied to the topic Buyers Agents in the forum Help Needed! 16 years, 11 months ago

    HelloI do a lot of buyers agency work and development consulting. Give me a call 07 3423 0909 Monday to Friday 10am – 2 pm or 0408 38 4434Depends what the site is, area, deal, and profit margin in for the developer , and most developers will not pay buyers agency fees, and look at sites through specialised agents or property consultants. Bye

  • businessglobal replied to the topic Co-Develop in the forum General Property 17 years, 2 months ago

    check with asic and cross check all info- often the greater return the greater risk- so check really behind the scenes exactly how your funds/ investment is secured, and maybe get a finance broker to also explain the whole money lending/ securitisation of deals like this, and where you shall be placed as a creditor should they go belly up.Lots of…[Read more]

  • businessglobal replied to the topic Never, ever renovate. in the forum Value Adding 17 years, 2 months ago

    We love renovating, and it is a challenge and very creative. We are professionals in the corporate world and have left the corp world 4 years ago, and we renovate, build, split land, have rentals, sell some, and we increase our equity through renos approx 300k per year. I find it better than battling traffic, putting up with sleezy bosses,…[Read more]

  • businessglobal replied to the topic Building a good NZ team in the forum Overseas Deals 17 years, 2 months ago

    NZ- I went to a few different tax planners last year in OZ and NZ- to work out structures etc, as we buy , invest, sell, hold, build a lot in NZ/ AUST- I found the most simplified option for us in NZ was in our personal names, as we are residents of Australia for tax purposes.Loans were all done through Pioneer Mortgages Auckland, my broker is…[Read more]

  • businessglobal replied to the topic Pets in a Rental Property in the forum Help Needed! 17 years, 2 months ago

    I ahve a few brand new homes in Aust and NZ and allow my tenants to have small pets, to date I have had no issues, and I have not charged tenants extra either. What I have found is it is very hard for tenants to find nice properties that allow pets, and when they do they tend to stay a lot longer, and love it as there own home. I have had more…[Read more]

  • businessglobal replied to the topic Co-Develop in the forum General Property 17 years, 2 months ago

    I work in a lot of advisory and legal areas of property, and in my database have found this which is fromt he ASIC site. Go to http://www.asic.gov.au  and there is a site there fido which shows scams, problems, watch dog. Hopes this assists with your research. Bye04-416 Co-Develop property schemes to be wound up Friday 17 December…[Read more]

  • Get the agent to send you a copy of the contract ASAP- it is their job, and let your solicitor peruse it – dont do anything until you see the contract as it may be fully signed up. Why hasnt agent faxed a copy to you or your solcitor.I am a property advisor/ specialist and buyers agent in QLD/ NSW. If there is a binding legal contract and also…[Read more]

  • businessglobal replied to the topic newbie question re:building an IP in the forum Hi
    I have built probably 15
    17 years, 5 months ago

    HiI have built probably 15 houses int he past 3 years, and love it, the key is planning, having the right builder, get the land for a good price, and do a worst case scenario and best case scenario spreadsheet. Im building another 3 now at Coomera nr Dreamworld, have a good builder, and I shall go to site weekly and also I ask for a mgt report…[Read more]

  • Hi You have to work out are you looking to grow capital, or do you want yield. If I had a spare 800k, Id be off to Gold Coast corridor, Bowen, Gladstone, Rocky, or buying a house very inner Sydney cbd area- the best I could for 800k and have it as an executive rental. I guess you have to decide what you want from the 800k, there are many options.I…[Read more]

  • businessglobal replied to the topic Beenleigh in the forum Help Needed! 17 years, 5 months ago

    Loosing a deal with 70k equity already in it!!Hi I have recently had a property under contract, a mortgagee for > 50k less than market val, bank did valuation, mortgage insurance approved, our finances fine, supposed to go unconditional today at 5pm, ADELAIDE BANK comes back at 4pm and states we do not longer lend to HYBRID TRUSTS- sorry!! – after…[Read more]

  • businessglobal replied to the topic Beenleigh in the forum Help Needed! 17 years, 5 months ago

    Good area, and growth potential on the horizons again for Beenleigh and Eaglby. No problem to get tenants if property neat/ tidy, ceiling fans, or 1 split system aircon.Logan Central also ok- yes listings not even reaching open market at the moment, anything under 200k for a unit, or 280 for a house is gone in an hour or so, a lot of registered…[Read more]

businessglobal

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