Gately replied to the topic A tricky question requires lateral thinking in the forum Finance 19 years ago
Any idea on which banks other than the big 4 which may be interested. W/Pac is our normal bank but its like pulling teeth and they want more pre-sales- we have sold 2 with another 4 deposits taken which is pretty good in 4 months and so early into development
jmn
Gately replied to the topic Wrap contracts in the forum Creative Investing 19 years ago
Thanks for your help- we are looking in NSW
jmn
Gately replied to the topic Defaulting Tenant in the forum Hotch Potch 21 years ago
Hi Terry,
Sounds like the crew you lined up for 15% is far and away your best option. I believe with Steve, spending a few hours on it is worth it-if it comes off you have made $1000 per hour and with minimal worry.
I have had court orders placed on tenants to pay and I am always apprehensive about throwing good money after bad by spending more…[Read more]Gately replied to the topic Wraps for starters in the forum Hotch Potch 21 years ago
Thanks for reply Steve.
I am in agreement that deposit is most often the stumbling block for people. It is no different in renting properties to tenants-they can all meet the weekly payments (or so they will tell you!) but often many struggle to find the $1000 or so up front bond.
A further comment/question/observation;
I would assume the…[Read more]