Total Members: 159,197

fxdaemon

  • fxdaemon replied to the topic Availability of digital copy of 1-day property workshop? in the forum General Property 6 years, 8 months ago

    Hi Steve,

    Thanks for releasing the digital version before April which is a bonus before the long weekend.:-)

    Is there a video recording version planned to be released at a later time besides the MP3 audio?
    The reason being that I find it hard to follow the MP3 audio when you were talking to the price graphs
    etc as per the PDF notes for the…[Read more]

  • fxdaemon started the topic Finding out who the builder is? in the forum General Property 6 years, 8 months ago

    Hi experts,

    Where and how can I find out builder of a property before buying it?
    Is there such a database or site that specialising in providing such info?
    The info is most relevant for properties within the builder’s warranty period
    obviously and I want to make sure I have enough info to sus out the builder
    before parting with money.

    Thanks in…[Read more]

  • fxdaemon replied to the topic Availability of digital copy of 1-day property workshop? in the forum General Property 6 years, 8 months ago

    Thanks Steve, I must have missed the release/availability date on the order webpage. :-)

  • fxdaemon replied to the topic Boundary dispute: perspectives and creative resolutions wanted in the forum General Property 6 years, 8 months ago

    Sorry to hear about such annoying experience.

    Although I don’t have a solution to offer, I have personally experienced such situation but being
    the opposite to your case ie two neighbours fences encroaching into my property.

    Due to the circumstance being that I was doing a multi-unit development at that time and the local
    council planning rules…[Read more]

  • fxdaemon replied to the topic Boundary dispute: perspectives and creative resolutions wanted in the forum General Property 6 years, 8 months ago

    Sorry to hear about such annoying experience.

    Although I don’t have a solution to offer, I have personally experienced such situation but being
    the opposite to your case ie two neighbours fences encroaching into my property.

    Due to the circumstance being that I was doing a multi-unit development at that time and the local
    council planning rules…[Read more]

  • fxdaemon replied to the topic Boundary dispute: perspectives and creative resolutions wanted in the forum General Property 6 years, 8 months ago

    Sorry to hear about such annoying experience.

    Although I don’t have a solution to offer, I have personally experienced such situation but being
    the opposite to your case ie two neighbours fences encroaching into my property.

    Due to the circumstance being that I was doing a multi-unit development and that time and the local
    council planning…[Read more]

  • fxdaemon started the topic Does off market sale work well in Melbourne?? in the forum Help Needed! 6 years, 8 months ago

    Hi experts,

    I am contemplating selling my home in Melbourne eastern burb to downsize.

    Having been through couple of sales with typical open inspection, pushy agents after marketing costs
    incurred, it’s left a bitter and sour experience with me to say the least.

    Having checked out a few buyer advocates website and spoken with 3 agencies, the…[Read more]

  • fxdaemon started the topic Availability of digital copy of 1-day property workshop? in the forum General Property 6 years, 8 months ago

    Hi guys,
    Does anyone know when exactly the digital copy of the recent 1-day property run by Steve McKnight will
    be available? I put in an order last week and can’t wait to get my hands on it.

    Thanks,
    FXD

  • fxdaemon replied to the topic Advice needed on construction finance in the forum Finance 7 years, 1 month ago

    Thanks Corey & Terry.

  • fxdaemon started the topic Advice needed on construction finance in the forum Finance 7 years, 1 month ago

    Hi experts,

    I am in the stage of sourcing finance to fund a duplex project on a block I own and currently with an
    old tenanted dwelling IP. The original property still has the original loan.

    I am maxed out on servicing to access retail construction loan in my personal name/capacity. What other
    options may be available out there?

    The project is…[Read more]

  • fxdaemon replied to the topic Final round sharing — cash flow is the king in the forum Help Needed! 7 years, 1 month ago

    Interesting discussions.

    For some very successful boomers who started their investing journey 30 plus years ago, they will
    adamantly advise going for growth first before cash flow and that makes perfect sense in that context.

    I personally feel that there should be 4 different quadrants of environments or contexts every investor
    should learn to…[Read more]

  • fxdaemon started the topic Melbourne boutique apartment worthwhile? in the forum Help Needed! 7 years, 2 months ago

    Hi experts,

    I like to get some real experience of investors or owners who own high end apartments in small scale
    boutique apartments in Melbourne and specifically in the inner east suburbs.My definition of boutique
    is maximum 8 in a block and no higher than 3 storeys.

    Specifically, like some insights on the following:

    – How do they stack up in…[Read more]

  • fxdaemon replied to the topic Underquoting and how to deal with it? in the forum Help Needed! 7 years, 2 months ago

    Thanks Benny will look into the link, really appreciate your help!

    Rgds,
    FXD

  • fxdaemon started the topic Underquoting and how to deal with it? in the forum Help Needed! 7 years, 2 months ago

    Hi experts,

    Sister is selling her home and asking for a price between $1.15m – $1.2m
    Selling agent claimed to be confident and therefore got the listing few weeks back.
    Same price range written in authority letter and signed. Statement of info (SOI)
    stipulates same range between $1.1m – $1.2m. Don’t know why but she never thought might be an…[Read more]

  • fxdaemon replied to the topic GST on new build? in the forum Help Needed! 7 years, 2 months ago

    No I am not registered for GST. We didn’t know anything about it at the time when we built and selling
    this soon was not part of the plan to begin with.

    Thanks,
    FXD

  • fxdaemon started the topic GST on new build? in the forum Help Needed! 7 years, 2 months ago

    Hi tax experts,

    We built and moved into current PPOR for less than 3 years but due to situation change will need to
    fast track the “down sizing” process and planning to sell up the place and move on.

    My accountant mentions that GST paid for the construction may be refundable. Is this true?

    How about other misc costs that may form part of the…[Read more]

  • fxdaemon replied to the topic Trust Strategies to Increase Borrowing Capacity in the forum Finance 7 years, 2 months ago

    Hi Terry,

    Can a trust or a corporate trustee ever be a guarantor for another trust?
    Meaning, if person A is a director of corporate trustee X (for family trust XX)
    and is also a guarantor for X itself. When X becomes profitable further down the road,
    can it then be the sole guarantor for a new trust YY for financing new property
    purchase or…[Read more]

  • fxdaemon replied to the topic Trust Strategies to Increase Borrowing Capacity in the forum Finance 7 years, 2 months ago

    Hi Terry,

    Can a trust or a corporate trustee ever be a guarantor for another trust?
    Meaning, if person A is a director of corporate trustee X and is also a
    guarantor for X itself. When X becomes profitable further down the road,
    can it then be the sole guarantor for a new trust Y for financing new property
    purchase or development?

    Thanks,
    FXD

  • fxdaemon replied to the topic Trust Strategies to Increase Borrowing Capacity in the forum Finance 7 years, 2 months ago

    Hi Terry,

    Can a trust or a corporate trustee ever be a guarantor for another trust?
    Meaning, if person A is directory of corporate trustee X and is also a
    guarantor for X itself. When X becomes profitable further down the road,
    can it then be the sole guarantor for a new trust Y for financing new property
    purchase or development?

    Thanks,
    FXD

  • fxdaemon replied to the topic Trust Strategies to Increase Borrowing Capacity in the forum Finance 7 years, 2 months ago

    Hi Terry,

    Can a trust or trustee ever be a guarantor for another trust?
    Meaning, if person A is directory of trustee X and is also a guarantor for X.
    When X becomes profitable further down the road, can it then be a guarantor
    for a new trust Y for financing new property purchase or development?

    Thanks,
    FXD

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