Total Members: 159,210

Fast Lane

  • Fast Lane replied to the topic Stick with Land or Build? in the forum Value Adding 19 years, 5 months ago

    Someone on the forum was saying just sell the land, don’t bother building the other day, because he’s in the same position.

    It’s really upto you and would definately require more research so you know the best path to take. You could always sell 2 and have a go at developing the others, or if you dont need to sell you could sit on them for a…[Read more]

  • Fast Lane replied to the topic Increasing Yields for profit in the forum Creative Investing 19 years, 5 months ago

    My parents turned a living room in their house into a third bedroom. My Dad put up the frame and a plasterer did the rest. All up including materials it cost about $500 from memory. It definately increased the appeal of the house when it came to selling it.

    This is a really easy and simple way of changing the whole dynamics of a house, yet it is…[Read more]

  • Fast Lane replied to the topic $200k to Start Portfolio in the forum Creative Investing 19 years, 5 months ago

    You could really leverage that money and get off to a flying start, but just because you have it doesn’t mean you should invest it. Dont let it burn a hole in your pockets.

    Deciding on what outcomes you want from your investments will help you to determine exactly which direction to take. So just be patient, do your research and dont rush…[Read more]

  • Fast Lane replied to the topic Hervey bay advice/help. in the forum Help Needed! 19 years, 5 months ago

    Your first port of call would be to the local council to see if your land is sub-dividable.
    If it is, then you can start the process and sub-divide, but you cant really do anything until you know whether you can or not.

  • Fast Lane replied to the topic Mermaid Beach in the forum Help Needed! 19 years, 5 months ago

    In my opinion I think that Mermaid Beach would be a really good area to invest in for the long term. However, I truley believe that if you waited a little while longer to buy you’d pick up a better deal that what’s probably on offer now.

    If you’ve got a long term outlook, why jump in now?

  • Fast Lane replied to the topic Settlement periods in the forum General Property 19 years, 5 months ago

    As long as you and the vendor agree, you could make the settlement period 4 days or 4 months.
    It’s totally upto both of you.

  • Fast Lane replied to the topic how much tax are you paying in New York State in the forum General Property 19 years, 5 months ago

    Hi Liz,

    Try this for NY state tax;

    http://www.tax.state.ny.us/

    Or try from some of these;

    http://www.google.com.au/search?hl=en&ie=ISO-8859-1&q=new+york+state+taxes&btnG=Google+Search&meta=

    I know your enthusiastic but it doesn’t take too much to find these types of things out. If in doubt ‘google’ it! [biggrin]

  • Fast Lane replied to the topic Big Brother’s back…and it’s gonna rock! in the forum Forum Frolic 19 years, 5 months ago

    Well after 5 seasons of mostly uneventful housemates, it finally looks like the Big Brother house has been consumated.[inlove]

    http://entertainment.news.com.au/story/0,10221,15596843-10229,00.html

    Fun and games…G7

  • Fast Lane replied to the topic Motivation? in the forum General Property 19 years, 5 months ago

    The thrill of the chase (finding a good deal) is motivation for plenty of people.

    With due diligence you dont have to sift through tonnes of it, you usually find a property then start this process. Or you select an area or type of investment that you’re interested in and then start your due diligence.

    But like The Mortgage Adviser said if you…[Read more]

  • Fast Lane replied to the topic Auction Clearance Rates in the forum Help Needed! 19 years, 5 months ago

    Yes, the API is a good source (each issue has up to date stats). The clearance rates for each capital city is listed on page 75 of the current addition.
    I’m not sure about stats for each suburb though, these figures might not have much depth and not be that good for what you want.

  • Fast Lane replied to the topic realestate.com.au now includes NZ in the forum General Property 19 years, 5 months ago

    A website that I use for US properties is http://www.realtor.com It seems pretty good, but you need to have a fair idea of the area that you’re interested in.

    Just thought that I’d tack that on.[cap]

  • Fast Lane replied to the topic Settlement periods in the forum General Property 19 years, 5 months ago

    This is entirely up to you and the vendor. Typically it’s usually 30, 60, or 90 days.
    It can be whatever length of time that you both agree on.

  • Fast Lane replied to the topic opening a usa bank account in the forum General Property 19 years, 5 months ago

    If you will need a structure to invest from, I’ve heard of people setting up LLC companies in Las Vegas. They set them up in this state because they have no state taxes as per my current understanding.

    There are people on this forum who know investing in the US quite well so I’m sure you wont have too much trouble finding out what you need to know.

  • Fast Lane replied to the topic opening a usa bank account in the forum General Property 19 years, 5 months ago

    Apparently now there’s an even easier way, check this out;

    https://www.propertyinvesting.com/forum/topic/17966.html

    Or check out this post on the same page that this is on.

  • Fast Lane replied to the topic Greenspan Warns Of Housing Bubble Burst in the forum General Property 19 years, 5 months ago

    He should come out here and have a look at what’s going on. From the reports I’ve read the US has still a way to go to get to where we are.

    With so many reports of what is and what isn’t going to happen, I’m inclined to just chuck them on the pile. Even if it is from the Chairman of the Federal Reserve!

  • Fast Lane replied to the topic Relocatable Homes in the forum Value Adding 19 years, 5 months ago

    Not sure of any specific companies, but there are a lot of these types of properties in the trading post. See at;

    http://www.tradingpost.com.au

    Or you could try and do a search at http://www.google.com.au

  • Fast Lane replied to the topic Brisbane commecial buyer’s agent in the forum General Property 19 years, 5 months ago

    I just went to http://www.google.com.au and typed in ‘buyers agent brisbane’ and it spat out quite a few at me.

    This one was at the top of the list;

    http://www.propertyresearch.com.au/

    I’ve never heard of them but the website looked pretty fancy! How’s that for assistance, especially on a Friday night before a long weekend???

    Happy Hunting…G7

  • Fast Lane replied to the topic finders fees in the forum Help Needed! 19 years, 5 months ago

    There are a number of people that do this on the forum so I’m sure you wont have too much trouble getting the information you want.

    However, I believe in this current climate it’s finding decent enough deals that ordinary investors will buy that will be the challenge, not the logistics of setting an operation like this up.

    You could always…[Read more]

  • Fast Lane replied to the topic Watered down education in the forum Opinionated! 19 years, 5 months ago

    Thanks for all the responses guys, it’s a hard decision whether to go ahead or not and I still haven’t made it yet (and time’s running out!).

    Here’s a quick rundown on what’s on offer;

    -manage meetings
    -manage HR consultancy
    -manage operational plan
    -ensure a safe workplace
    -manage people performance
    -manage stress
    -prepare and manage budgets…[Read more]

  • Fast Lane replied to the topic Show me the…..details in the forum General Property 19 years, 5 months ago

    Wow! What an awesome post and great story (deal).

    It’s is not only educational in the format that you presented, but also very inspiring. You should detail some of your other acquisitions like this, of course if you wanted to. Once again, great post, keep them coming! [thumbsupanim]

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Fast Lane

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