hey guys,I went into a Jenman real estate shop few years back, guess what happened! Got into an argument with the selling agent!I was looking for a property to buy,fixup and resell. When I went in, I asked him some questions and he didn't want to answer my question about house price! Instead, he gave me his own questions – How much is your budget…[Read more]

Is that online saver account from ANZ just an internet one(without ATM card)?Try Bankwest, they have a new account-has atm card, eftpost etc-no fees-4.75%

ok,im trying to use my HDT to buy a home/land package. I heard that there are not many lenders who would do the home as it is not built yet, would need a construction loan. Which lender would lend? Im hoping one of the big banks will….

Hi,If you own a property under your trust, and you take out the loan in your own name to negative gear,,,, the next time u want to do a homeloan, wouldn't your loan capability go down a lot? You have loans, but no asset/income from asset/.?????????????????????

BUt if you read this month’s API, on page 44, Amanda did it in 2003. Bought a land, and sold it as a house+land package.
I am sure she did not go thru the building phase.

HOw did that work?

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How can it be below market value when they say “Immediate Equity =$3020”, and then their fee for finding the property = $4000 – 5000???

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NOt to mention the $ fines for not following their silly rules (eg no mobile phone, NO GOING TO TOILETS $50 ouch! etc).

Plus make you play silly games with money bets. In one game, they said ” Ok everyone group together at this side of the room, take out a $5 note”. Then they asked us to play “clap and pass the 5 dollar!” No instructions given,…[Read more]

I went to their seminar last year. It was good, cos i was a beginner in property and didnt know much. Actually they cover quite a lot of topics, but not very thoroughly.
Has a bunch of different speakers for diff topics.
Make you wake up at 5am in the morning and go to sleep at 1am to make you feel your money is worth it by giving extra hours.
BUt…[Read more]

Hi,
the approximate value of the completed project will be 400k at a minimum (420 more realistic, according to the current sales in that area. Plus this will be a brand new home, so i guess 420k or more is realistic). Say we take 400.
Land + to build is about 330k. I will take out a primary loan of 230k, and looking for a 100k mezzanine finance or…[Read more]

May i know where can i find mezzanine lenders? DO the banks provide mez loan themself? or other lenders?

Anyone got any recommendation>?

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Anyone is going to the Melbourne seminar and can get group discount? I need 2 tickets please. Email me at [email protected]

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oh yeah its the State Revenue Office, not the ATO.

I wonder if they actyually mean double stamp duty or just the difference that i put into my pocket.

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a good way to finance your cosmetic renovation![]

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Actually there is nothing wrong with Negative Gearing – as a strategy to get the tax deduction back from your employment income. As long as you dont buy too many (around 2 -5).

People tend to generalize too much and jump straight into the conclusion that all Neg Gear properties are not a good investment.

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can anyone recommend a REALLY GOOD QS in Melbourne? thanks

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Swampy,

did u give wespac all the docs they need on the spot? how come so fast?

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Hi rebecca,

Wow, i thought it was a very good book. Cos I spoke with a property investor who made a lot of money, and he told me one of the book that he learned some of his special strategies was from that book.

Did it really cost $200+?

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hi dilcem and brownrabbit,

my email is [email protected], please email me
thanks!

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Hi,
Try Chris Batten (Batten and Associates) in Sydney. He is great, one of the greatest in the country – knows everything about asset protection, company, trusts structures, is very updated and creative. A very humourous man as well. I heard him lecture before in a seminar, and he’s one of the best

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hi tools,

thanks! do u know what info do i get from the search? Owner name? COntact? Land measurements?Mortgage…

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