Hey Alf, maybe I can help you out.. I’m here on the goldcoast. Maybe i could check it out a little bit for you..

I have now 7 IP’s on the go so maybe my experience will save you a little headache??

Email me at the address below..

cheers

Calron the Alcamist
Turning things into gold is fun.
alcamie@datafast.net.au[]

Where abouts is the Dev???
I live on the Gold coast and have gone into to a couple of off the plan for 700k each..

Are you going to buy to flick or buy and hold??
try to get hold of at least 2 bed + study… These are easier to sell and rent…

Can you use a deposit bond?? will developers accept one? If so thats going to allow you to keep the…[Read more]

Really??? How do you go about doing this??? If I can find the land in the right location??

Whats the catch?

what sort of terms would a loan like that have??
Would you have to start paying b4 or after they’re built???

Let me know how and I will come back to you when I find the where…

Email at the address below if you like..

I am learning…[Read more]

Nice one Westan…

I will definately glue myself to the local/ national and rural news alot more now…
Isn’t there only 24 hours in a day??? cor ohwell.. Speed reading course here I come..

I will let you know of any successes I have in this area too.. Currently wrapping up (not Wrapping) a couple of commercial property deals up at the…[Read more]

It should be called the Porsche Rule..

I can calculate it in 5 seconds flat..

Cheers

Calron the Alcamist
Turning things into gold is fun.
alcamie@datafast.net.au[]

Hi..

It really depends on the terms and conditions of the contract..

But a few things to look for could be..

1. In accordance with the pest and inspection report. If anything had arisen from these reports and the vendor had agreed to fix. Then make sure that they have indeed fixed the problems..

2. You could have a vacant possession clause so…[Read more]

wil..

Where about’s did you find these blocks?? what was the cost for them??
Were they strata or freehold title?
whats sort of yield are they?

My wife and I are interested in doing the same sort of thing and just looking at getting a few pointers

Cheers

Calron the Alcamist
Turning things into gold is fun.
alcamie@datafast.net.au[]

This is a great thing about our tax system… There’s not to much else that it’s good for mind you..
For many years now I have claimed everything from books, to cinema tickets to computers and even underpants… no not really the underpants..

But yes.. All “Educational” purchase are indeed tax deductable..
Even better tho.. Is to buy it it thru a…[Read more]

ALf…

If your bank is “tightening up” and making it alot more difficult for you. I suggest looking for another bank.. Or better yet a decent broker..

gl

Calron the Alcamist
Turning things into gold is fun.
alcamie@datafast.net.au[]

Interest only with a line of credit.. Much better for the hip pocket and piece of mind….
When you think about it, you take out the loan for 25 – 30 years.. The principal that you will need to pay then after all that tax deductable interest is going to be the equivalent to buying a pair of shoes or something in that amount of time..

IO + LOC =…[Read more]

Hmmmm… Yes well erm That kind of property is great when and if your growing.. A number of big risky point outs…

1. The bank won’t lend you up to 110% of the value of the shares that you want to buy. y?? too Risky.

2. If the company that you “own” falters then you can loose money fast on paper.. But then you can realise that loss alot quicker…[Read more]

Hangon a second Jenman??
You’re talking about the same Jenman ethics which say that auctions are not the way and that auctioning is one of the unethical practices in which real estate agents sell.

What about the Jenman ethic that says as a Jenman Agent said to me last weekend.
” We take your offer as well as any other offers tat come along today,…[Read more]

Hi Guy’s

We have our own company.
I’m in the Animation Business.. I now supply animation software and hardware to the guy’s that I used to animate for..

Property is looking far more fun tho now I can see the Porsche on the horizon..

cheers

Calron the Alcamist
Turning things into gold is fun.
alcamie@datafast.net.au[]

I am tottally addicted too… Only didn’t get to look last night as I was at a property meeting… The guy’s from Aus homes held a cheese and wine meet here on the goldcoast…

Could be good.. Could be bad…

Has anyone heard of Aus homes??? are they any good?

cheers

Calron the Alcamist
Turning things into gold is fun.
alcamie@datafast.net.au[]

I agree.. One worders, one liners. derogitory comments etc. I am here for serious investing and appreciate informative and useful conversation regarding the topics started.

If I have nothing to say I keep it to myself..

Cheers

Calron the Alcamist
Turning things into gold is fun.
alcamie@datafast.net.au[]

Ausdmx..

By the way. I would definitely take you seriously if you’re willing to come up from Sydney. You wouldn’t believe how many times I haven’t been taken seriously by people. But that’s the fun with this game..

As I am sure you know yourself. Don’t judge the book by it’s cover.

Cheers.

Calron the Alcamist
Turning things into gold is…[Read more]

Shane.

How many Properties do you own??

What makes you so sceptical?

Cheers

Calron the Alcamist
Turning things into gold is fun.
alcamie@datafast.net.au[]

Ok.
Theres 2 of you at least at the moment and the possible 3rd from sydney. I will wait a few more days to see how many others want to get together then I will ask you all when the best time would be for all of you..

chat soon

cheers

Calron the Alcamist
Turning things into gold is fun.
alcamie@datafast.net.au[]

Hi HG..

Where is this property etc??
Who is selling it??
I think I am interested.

Do you know the rates and the body corporate details?
Or even simpler rental PW b4 rates and BC??

Is it currently Let at the moment or did the agent suggest that you could get $246 per week??

You can contact me on my email below.

Thanks, if it works out I will…[Read more]

Jans book is “More Wealth from Residential Property”. Pg 228

I hope this helps

Calron the Alcamist
Turning things into gold is fun.
alcamie@datafast.net.au[]