Forum Replies Created
Why not pitch as challenging an industry spokesmen.
They won’t let it go to another channel.
It will also guarantee they do a follow up with doom and gloom from Jenman himself in his fancy suits
Byronent
Adelaide SAWEll the first one I can only think is more like land tax or some kind of annual bill that didn’t get taken into account when the proceedings schedule was done.
ING are not an easy group too deal with at best of times, I have two loans with them myself. I used ING Wholesale through a broker.
I had similar circumstance on one of the two times, and it was teh broker trying to push his extended fee onto me. AFter a few calls it was waived. The fee was described in a few different ways at first, loan application fee, valuation fee and the third well i was laughing so hard i don’t remember.
the point is, after enquiring quite rudely I must add, I found the same thing happened, we settled in any case with change.
Byronent
Adelaide SACan i ask what town you are discussing here?
Maybe another member here has already done their due diligence on it
Byronent
Adelaide SASounds like a scam to me.
You sure it is ING doing this?
Who is settling the deals for you? Have you used the same solicitor or conveyancor in all 3?
Byronent
Adelaide SAWhy did he take the interview at all if that was the case
Byronent
Adelaide SAWhy not get FW and Grae1 and Pelican to contact ACA or Today Tonight, (Rob I think you can swing this you stirrer), and get them to run a story that would show up Jenman.
Consider it, Wrappers fight back, many happy clients, show substance, outline costs, answer any question.
I think that would have a huge positive impact on the market as it stands. The public may even learn something and with education maybe, just maybe, they won’t be taken for a ride by the crooked wrappers out there.
Who knows, maybe Steve would like to get behind this, even offer some free advice, get the wrappers association back on track if it is every going to get off the ground.
Jenman will naturally reply with the hype, but just come back just as strong. He will produce one or two unhappy clients, we can return with many happy clients or even question his choice and find out what it is that didn’t satisfy or help them.
Byronent
Adelaide SAAPerry, the fact it has united is what makes it so exciting. You get a good spread and it is leveraged extrememly well. NO decline in one market will have a huge impact. They need 3 seperate markets to collapse to shake it. Very clever whoever came up with that.
Obiwan, again I am not sure what to say except if the sky does fall, we all die so it doesn’t matter. I too am moving from residential to commercial and industrial where I can. I strongly believe the returns are better and although riskier for the novice, very rewarding if you get the mis correct.
Call Comsec, (and now I don’t have an association with them!) on 131519, tell them your account number or name, they will ask a question or two and you are back on air. They don’t can accounts so you are with them without a doubt, no entering any branches to die the horrible death you just described.
Failing that, go buy yourself some gold and put it in the safe. Wait, what if the house burns down and it melts and falls into the earth, bye bye cash. Personally if that is the way of your future, I would be buying equities in companies that are strong in the commodoties of your choice.
Investing is a complicated game and depending on your view, long or short, you will choose an asset class or classes that suits. We have information overload around us and let too many things influence every decision.
Byronent
Adelaide SAIf he was so nervous about the interview Felicity why take it.
I have also seen ACA give the list of questions in advance when they want an interview bad enough. That would have given Rick time to prepare.
Saying that, not knowing how to answer questions about an industry you promote, no matter if you were play dodge ball or not is very poor demonstration for the general public. I istantly thought of another scam being performed while watching him.
If the association is falling apart, why doesn’t someone else start a new one if it is such an issue. It takes hard work, dedication and lots of time to get an association or even an industry watch dog off the ground. Also, the industry must want it so that it would succeed.
Wraps are always going to be a little tricky, a big part of that would have to be the civil libertarians, bless that bunch, I would like to see them offer something more than just a pain in all our asses.
Byronent
Adelaide SAOne other point Tamtam I would consider is using equity in your lemon to purchase some properties that are cashflow positive to reduce your current negative flow.
I would only consider this if you strongly believe that your current property is potentially capital gains strong. Although this is not a great long term strategy
Byronent
Adelaide SAI would suggest buying the house in your name. If you are keen to continue receiving the rental assistance. Give it to an agent, using a Post Box for your address with the agent.
You should find that the company are none the wiser. Even try and buy the house you are currently renting if it suits your property investment plan.
Byronent
Adelaide SAI would make a ridiculous offer and staple a cheque to it.
Are the properties actually for sale?
What does the valuer general or aussie valuer have to do with this deal anyway?
Local agents could tell you what it is worth.
I see this thread as lots of talk no action.
Get bank or broker to help you, even try and seek preapproval.
Are you getting deposit from equity in another property?
What is your dilemma in making an offer.
For a small fee I would be happy to make the offer for you!!
I have no shame..hahaha
I would start at $600k to the old lady what would she care?
Byronent
Adelaide SAGreat plan, once perfected, you could make millions selling how to use it to the rest of us.
Byronent
Adelaide SAActually most are with Westfield for a few reasons.
1. Largest property trust
2. Very aggressive growth both current and projected
3. Healthy NTAYour broker needs to be replaced.
I didn’t say Fin Review. I quoted Weekend Fin Review. Very different, available only on Saturdays. It has the entire market broken up in sections.
Visit any online stock broker and you will have your info. I use http://www.comsec.com.au
Cash is good idea, but why is my question? Are you waiting on something?
Byronent
Adelaide SACall Greenpeace or World Wildlife Federation if they are killing of endangered species. Failing that, the Highway Act usually lets them do what they want.
Take the money, Take the money!!
Byronent
Adelaide SAThat was my point, we are still here and still looking for ways to invest. We adapt and as things change so do most of us.
Just a part of life and the challenges we continually face
Byronent
Adelaide SAThey are out there, try regional and don’t let your local area be your boundary. Australia is a big place.
Byronent
Adelaide SAI think you should speak to a broker. Very strange to bring up on this forum if you ask me.
But anyway, you want returns buy Westfield Property Trusts. Great returns and can only get bigger and better. There are a few others to consider, but the easiest place to find them all is the Weekend financial review, they have an entire section on them every week. All the stats plus more.
If that doesn’t help you, any online broker has lots of stats, and all free once you register with them. That is also free.
Byronent
Adelaide SAWho is the company paying for? Both or just one of you?
Buy property in the spouse that is not being paid, put it in the hands of the agent to manage and then have them collect your rent.
The company will never know. I do find this very strange though. What difference would it make if they paid you direct or an agent? I would be having words with the company.
Byronent
Adelaide SAWhat if the sky came crashing down?
Or the Earth opened up, causing freak tidle waves?
No matter what happens, there will be winners or losers. Don’t act just cause a book has given you some scenario’s?
Create a plan, follow your plan. Proactive not reactive.
Merry Christmas
Byronent
Adelaide SAJo that may be true for residential, but I am sure Commercial is still available as +CF
Byronent
Adelaide SA
