Thanks wayne,

this one i would say no, but i am trying to figure out worst case for myself & keep the developer happy.

Cheers,

Don[crying]

“To have more than more than you’ve got, become more than you are”

Hi Flip,
I here it’s been going Off over there and thats great, woulda loved to been amosgst it. The word is there is a little more sillyless left in the market, then it goes flat. So if the land is’nt a buy and hold for you sell it and make a quik profit.

Cheers,

The Barterman[blink]

“To have more than more than you’ve got, become more than you are”

Yes not a bad idea Terry,

My agent is going to advertise this week, i will write a hook for her to put in the ad, like “low deposit easy finance included”
[strum]
Thank you
Cheers,

Don

“To have more than more than you’ve got, become more than you are”

Hi Terry,
Whats it worth?
Good question. I bought the property for $465 with 20% bartercard component. So if I have to settle on the property I will have a cash loan of $372 + stamps. I think if I had to sell the property quickly it would sell $420 – $450.

So I feel my options are:
1.) Sell it cheap
2.) Wrap, but it would have to be creative…[Read more]

Hi there,
Sunshine coast is very popular, (so it will rent out) but no, you should not buy the property is a quick answer.

Cheers,

Don [strum]

“To have more than more than you’ve got, become more than you are”

Hi There,
You should get some good feedback here.

But here is one i am doing at present. Selling on of my IP houses in the tweed area and providing the buyer with 10% deposit as equity i’m leaving in the property (second mortage carry back finance). The buyer still gets bank finance(and 1st home owners if they apply) and pay’s me 7% interest…[Read more]

hi Rayson,
It’s funny when i had no child (it took years to get one) i only had 1 IP & rented and we had good incomes, but struggled. Now i have a beautiful son a beautiful home 3 IPs(but selling 2) and make less than $50k but somehow survive??? I guess what i’m saying is your answers will show up, go be a dad if that is what you want and trust…[Read more]

Hi Cassen,

Personally i avoid seminars as they suck my time and i find it very hard to retain information in written form (as in notes) i am in two home study courses (steves is one) and have listened to a lot of stuff on CD’s. I have to say anything that you get from steve mcknight is value plus, good information at a great price. I see you…[Read more]

Hi Richard,
Thank you for your reply. I’m on the gold coast & have a unit being built and a friend very keen to get a hold of it. (for negative gearing)[lmao]

My biggest question is how doe’s it work tax wise as far as depreciation go’s for him in a wrap, compared to a normal sale.

Hope this makes sense.

Cheers

Don

Hi There,
If i was living in it, i would go the house over the townhouse anyday. Saying that i am about to start buying renovating & selling older townhouses on the gold coast as i see the as a good alternative for first home buyers.

Hope this helps.

Good Luck

Cheers,

Don