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Viewing 8 posts - 1 through 8 (of 8 total)
  • Profile photo of ForgeForge
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    @forge
    Join Date: 2006
    Post Count: 11
    June 6, 2013 - 3:11 am

    Hi guys,

    Thanks for your replies.

    So no one knows how or where to find investing partners?

    Terry: I had two trains of thought.

    First idea was the half the house would be bought as a wrap arrangement. So there would be no need to guarantee any loan.

    Second idea was if the partner was in a good financial position we would create a business and get a new loan for the house under the business name. With both parties as 50/50 partners.

    What did you mean by utlising future equity?

    I forgot to mention that I have been investing in some sense for a few years. I don't know a lot but I know enough to know that two heads would be better then one. I am really keen to get into a partnership so that I can keep investing and grow a decent property portfolio. So wether I sell or keep the house I am still looking for a investing partner or mentor.

    Cheers

    Tom

    Profile photo of ForgeForge
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    @forge
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    May 11, 2007 - 3:24 am

    Hi guys,

    I was just walking through the shopping centre and noticed that on the billboards there were adds for handyman and jack of all trades, maybe you could check your local billboards, as for them bieng reliable or able to offer good advice thats another story but if your desperate for someone to work on the little jobs or something cheap and nasty I reckon that would be a place to look.

    Remeber to get the price agreed on before the job is started and payment on completion ;)

    Cheers
    Tom

    Profile photo of ForgeForge
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    @forge
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    May 7, 2007 - 5:04 am

    Hi guys

    has anyone checked out inala, or does anyone know anything about it, I was looking at ipswich and all the suburbs between there and Oxley, and Inala seems to be cheap and closer to the city.

    I know there isn't a train line and it has a bad reputation but as the  west corridors grows wouldnt Inala become a sought after suburb, I guess not deep Inala but close to the Ipswich motorway.

    Cheers
    Tom

    Profile photo of ForgeForge
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    @forge
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    May 7, 2007 - 3:44 am

    Hi Rob,

    I think I saw the 4bdrm property your talking about but the one I saw was right beside the airport.

    I am only a speculator at this stage, but isn't that a bad place to buy. I was looking at buying something in Mackay but everytime I check it out on Realestate.com.au the house prices have doubled.

    But I guess the house prices aren't going to slow down anytime soon with the new mines opening up.

    Cheers
    Tom

    Profile photo of ForgeForge
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    @forge
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    March 13, 2007 - 9:03 am
    Originally posted by browny76:

    Just have a crack at fixing it yourself!! Sorry couldnt help myself.

    hahah, very funny. Thanks for the advice I will definitely take heed of that once I own the house outright but as it’s currently not mine I have nointention of fixing it up before I get it valued to pay my ex more money ;)

    JFisher, The cracks are pretty wide, and I’m sure they are wider then they were when we first bought the place. The cracks travel diagonally from the roof to the windows/doors then diagonally all the way down to the ground. There is no cracking internally, its all external.

    The only modifications I did was to remove several trees that were too close to the house. The engineer also said that it looked like we were on clay so that yeh that could affect things.

    Ill try and remember to snap some photos when I get home.

    I’m thinking my best bet is to ring around brisbane and see if anyone can offer to give me specific information about such things.

    Thanks again for the great advice guys. [thumbsup2]

    Cheers
    Tom

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    @forge
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    October 18, 2006 - 10:40 pm

    Thank you everybody some very good and well needed advice.

    I thought I understood the basics of body corp when I first starting looking into things but now I see it is a lot more complicated, I think I will have to make sure I do my due dilligence with this as well.

    as with everything to do with real estate the less you understand it the more trouble you can get into, ignorance is blissfull but very dangerous. :)

    ok that means time to put my head down and acquire the information I need.

    Tom

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    @forge
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    October 13, 2006 - 7:42 am

    Hi all,

    I too am a brisbanite who is getting serious in real estate. I just signed up the other day for the specific reason of finding like minded individuals.

    I just recently attended a success in business conference where they said you should associate yourself with like minded people to get in the right mindset and move forward, plus its also good for getting knowledge and experience without all the heartbreak.

    I would very much like to get to know anyone in brisbane who is also passionate about investing. Most my firends and family just don’t get it and don’t want to hear about it.

    Cheers
    Tom

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    October 13, 2006 - 1:39 am

    Hi,

    The sales rep is right, Broadband is similar to foxtel as both are contracts owned and paid for monthly by the client. There is no reason for it to be any of your responsibility as there is no physical changes made to your property ADSL is set up as a contract to a client and to the current residence, once the client moves out the connection is switched off and your next tennant has to pay the setup fee again.

    The only physical entity is the router that the adsl goes thru. Broadband is usually setup as a contract with a customer if the contract is broken then cancellation fees apply. The connection price is also a monthly fee which can be depedant on use.

    So basically there is no enhancments made to your property the connection is identical to a phone connection or electricity connection. It is completely the responsibility of the tennant. and the pricesare based on usage.

    on the flip side in a creative thought I had once I did invision offering broadband as an enticement to a property that needed a little more above the competition, if you get friendly with a smaller interenet company and are able to setup enough accounts you could get a sellers discount.

    Tom

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