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Viewing 20 posts - 21 through 40 (of 187 total)
  • Profile photo of fulloutfullout
    Member
    @fullout
    Join Date: 2003
    Post Count: 233

    hi,
    i have found that the Danny and Paul Hanna’s property/development course to be extremely powerful and detailed. They teach from Wraps to Lease Options, to Development (they are real experts), to setting up the right structures…etc… how to finance,…. etc..

    I find the Legal Documents for Trust, Options, Lease Options they have alone is worth more than $10,000 of solicitors fees to write them up!

    Would anyone like to share with me their home study course, which contains 19 DVDs, 28 CDs, Legal Documents, workbook, transcript. The cost is only $3497.
    Preferably someone in Melbourne, and then we can work out the deal together. Anyone who is interested please email me at [email protected]

    thanks!

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    Profile photo of fulloutfullout
    Member
    @fullout
    Join Date: 2003
    Post Count: 233

    do we need a medium density residential control plan for doing townhouses?
    can they be downloaded from internet?

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    Profile photo of fulloutfullout
    Member
    @fullout
    Join Date: 2003
    Post Count: 233

    hmm, i am sure it can be done, cos Danny and Paul Hanna mentioned something about this and the ability to escape the stamp duty and closing fees.

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    Profile photo of fulloutfullout
    Member
    @fullout
    Join Date: 2003
    Post Count: 233

    if i take on a house by option, does that mean i can presell it to another buyer, (since i already have the rights to buy it from the seller, and he is obligated to sell to only me for that time)?

    That means i can get option on a property at low price (below value), and then sell on to another buyer at higher price, without paying the stamp duty? As long as i say ‘and or nominee’?

    is this workable? Qld’s 007 what do u say?

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    Profile photo of fulloutfullout
    Member
    @fullout
    Join Date: 2003
    Post Count: 233

    hey guys, i was there last week at dale’s seminar. Can u guys tell me who else from this forum were there too? I didnt know that most(?) of us there were forum people

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    Profile photo of fulloutfullout
    Member
    @fullout
    Join Date: 2003
    Post Count: 233

    when do people pay land tax? is it yearly or just once, when u selling or buying the property?

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    Profile photo of fulloutfullout
    Member
    @fullout
    Join Date: 2003
    Post Count: 233

    thanks, how much is it just to subdivide it? approximately. In the hundred or thousand range?

    i saw a piece of land suitable to be subdivided into about 3 – 4 titles , suitable for townhouse size.

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    Profile photo of fulloutfullout
    Member
    @fullout
    Join Date: 2003
    Post Count: 233

    guys,
    actually, there’s this friend of a friend who wants to sell his unit in melbourne, not really in the city, but close to the uni. It is in his late mother’s name, and he says the name will be transferred to his early next year, cos his mum had a will.
    The agent told him can sell about $270k, but i think in this market especially in melbourne, plus its a unit with $500 body croporate fees every 3 months,…

    I am thinking of putting a lower offer, buy it as my own home, maybe live there a while, then sell it off without CGT.
    Another way is to buy it low, then sell it before settlement (can this be done at all?), and then have the new buyer pay the seller the money so i can escape stamp duty.

    My friend told me for a property $200+ the stamp duty is about 10k? is that right?

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    Profile photo of fulloutfullout
    Member
    @fullout
    Join Date: 2003
    Post Count: 233

    hi guys

    if i use a deposit bond, i will still have to pay up the deposit wont i? isnt it usually people use dep bonds for buying off the plan?

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    Profile photo of fulloutfullout
    Member
    @fullout
    Join Date: 2003
    Post Count: 233

    whats your email?

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    Profile photo of fulloutfullout
    Member
    @fullout
    Join Date: 2003
    Post Count: 233

    hi westan,

    yes it is them again.

    I am thinking of managing it myself. BUt i am not sure if i got all the things covered.

    I have copied the Lease Agreement, and make it so its between me and the tenants. Then I guess the next thing will be to get the bond from the current manager? Also I will need to inform the tenants with a letter and arrange with them how they would make payments to me (I guess direct deposit, bank transfer or cheque will be ok).
    Did i cover everything that needs to be done here?

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    Profile photo of fulloutfullout
    Member
    @fullout
    Join Date: 2003
    Post Count: 233

    when is the thing held? where? I wanna go, his office does my accounts, and i must say they are good.

    BUt i dont make a time just to see him to talk about these things, unless he charges me $150 or $200 per hour? i dono

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    Profile photo of fulloutfullout
    Member
    @fullout
    Join Date: 2003
    Post Count: 233

    can someone help me, how do i get rid of my agent?
    Write them a letter? How should i say it in the letter?

    I still want to keep the tenants as they are very good tenants. SHould i write a letter to the tenants first so they are not shocked, or in case the manager goes to them and tell stories?

    please help.

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    Profile photo of fulloutfullout
    Member
    @fullout
    Join Date: 2003
    Post Count: 233

    how do u guys make the options offer? By writing (letter?) or by face to face with owner?

    Lets say I see a house i like, but its not on sale in the market, how can i track down the owner’s contact?

    lets discuss

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    Profile photo of fulloutfullout
    Member
    @fullout
    Join Date: 2003
    Post Count: 233

    if u are taking an option to buy a property,how do u make the seller want to do it? Will they understand it? Most people dont evebn know what an option is.

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    Profile photo of fulloutfullout
    Member
    @fullout
    Join Date: 2003
    Post Count: 233

    hey doogs,

    whats this Novated lease thingy?
    DOes the company buy it for you? Is it a hire-purchase? (whatever that means).

    Somebody explain to me please

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    Profile photo of fulloutfullout
    Member
    @fullout
    Join Date: 2003
    Post Count: 233

    hey neologism,
    check your email.
    i am coming with u

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    Profile photo of fulloutfullout
    Member
    @fullout
    Join Date: 2003
    Post Count: 233

    neologism,

    good idea, lets all join forces and ask Jeff to handle it for us. No point staying with Stockdale, just wasting my time, fax and mobile phone expenses.

    Also, can u give me the plumber’s contact that u said is good? Do u know any other contractors there eg locksmith etc? You can send to my email [email protected]

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    Profile photo of fulloutfullout
    Member
    @fullout
    Join Date: 2003
    Post Count: 233

    guys, how much is/was Stockdale charging you? Is it 7%?

    Also, I emailed BJ Bennett and this Jeff White said please contact his PM. Can I say you guys recommended me and I want himself to handle it for me? I have only 1 in Churchill at the moment.

    I have decided I cant take Stockdale anymore. Their sale agent is great, but PM is letting their team down.

    SLumLord u coming over too? Or how about this Keith WIlliams?

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    Profile photo of fulloutfullout
    Member
    @fullout
    Join Date: 2003
    Post Count: 233

    Yes its Stockdale.
    This afternoon i just sent her a 2nd fax for this query and quote I faxed her last week. And I just sent her a note on the original fax I sent her last week and said ” Please respond immediately to this fax I sent you last week! I have not got any reply from you yet whats going on?”
    And later this evening I got a fax (apparently she is the new Property Manager there? used to be another girl) and she said “oh sorry for delay coz the locksmith didn’t get back to her with a quote”.
    Its amazing how the locksmith suddenly calls her to give her a quote after I sent this fax isnt it? Bloody idiot doesn’t know how to chase up contractors.

    She said the same thing about the plumber and his quote – took me 3 to 4 weeks and 3 faxes and 1 “what the hell is going on!?” phone call for her to get back to me for that one! All the time the tap was leaking and the toilet had flush problem.

    Also, she came back with a quote for new locks about $150 for deadbolts or $250 for lockwoods 001’s (whatever that is), and she said we cant raise the rental coz tenant has just signed a new lease and its on “Fixed Term Tennacy till Sept 2004. Can someone tell me what is that Fixed Term and why cant i raise the rent??

    Also, when the tenants asked to sign a new lease last month, she did not send me anything to sign like she said she would. So i didnt sign anything at all, nor anything about the conditions of the new lease.

    Whats ol’ Fullout gonna do now?

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Viewing 20 posts - 21 through 40 (of 187 total)