Hi Martin and Others

I feel reasonably qualified to answer this one!!

We’ve bought lots of “stuff” in the last 12-18 months.

Been a mix of things in the US, NZ as well as things that are local.

Ranging from buy and hold houses, minor renovations, some developments and blocks of flats.

Hope this helps.

– David Bradley
Bradley McKnight Group

Hi

I’ve had this situation before, and quite a bit recently.

My (somewhat cyncical) take is that the agents are trying to create a bit of a frenzy.

There may or may not be other bidders.

In my experience, I have refused to play their game and instead will wait until the offers don’t materialise. I figure it puts me in a better negotiating…[Read more]

Hi Bernadette

Personal cheques are fine.

Good luck

– David Bradley
Bradley McKnight Group

Hi Irene

In my former life as an accountant I came across the situation whereby a person’s super fund owned (well put up the deposit) for their home.

We went through the usual arguments and pain of stamp duty and capital gains tax.

The numbers at the time indicated tax wasn’t the main problemm but stamp duty.

I can’t remember all the ins and…[Read more]

Hi Scott

My initial thoughts are that will the council allow him to run a business from home.

Some councils have regulations that say you can run a business from home provided you meet certain criteria.

One of these criteria is the number of people you employ cannot be greater than a certain number – 1 rings a bell.

Therefore, your risk is…[Read more]

“especially by a plumber who doesn’t have their own eel ?”

Silly question, what’s an eel?

At the moment I have visions of the plumber stopping off at the pet store on the way.

Dave

Yack

In relation to your numbers… If only!!!!

1. We don’t receive all the proceeds, a small of issue of GST
2. I wish it was as simple as just doing 1 days work. Unfortunately, we have been working on this for 3 weeks.

Yes we make money from the event, but it is not quite as easy as you make out.

Good luck to the people coming tomorrow. Hope…[Read more]

This one is easy

Batsman 1 hits the ball and they run a 3. The throw at the stumps goes for 4 overthrows = 7. But there has been “one short”.

Next ball, batsman 2 on strike – hits a six.

Dave

Not really – but the agent was smaller than me!!

Dave

Well agents don’t do themselves any favours….

There is a commercial property not far from where I live that has been vacant for over 3 years. I know that coz I used to walk past it with my eldest child ( who is now 3 1/2) in the pram.

So there is now an agents board out front. I make a time to go through the property.

It is a $400k property…[Read more]

I bought my first in 1991 (aged 21).

My mentor was thrilled.

Didn’t buy another until the 1st one with Steve (May 99)

My mentor has just celebrated 40 years in the property business.

Dave

Hi Leigh

The kids are XLNT.

Although hard work on my back trying to pick them all up at once.

Dave

I do exist.

I read the posts but find that typing is not my strong point!!

(Edited 3 tmes)

Dave

AD

I’m in the office – give me a call if you like

Dave

AD

Block of flats last week (as B & H)

+ agreed to buy another 3 wraps with another 2 in the pipeline (verbally agreed but yet to see details)

Dave

And I’ll see you on Saturday – how are you going?

Hi Steph

Victoria – Suburb of Melbourne (Mont Albert)

I see England won – that is the real reason I got up.

Dave

An imposter!!

No, the only thing I have bid on in the last 24 hours was a house!

Dave

Hi Alf & AD

Morning to you both

Couldn’t sleep, lots to do

Might as well come and do some work

Dave

Quick answer – Yes!!

Dave

Maybe I have missed something in the reading of this thread, but isn’t all he has done is take multiple mortgages on a property?

This by itself is not against the law. I think there is a difference between fraud and not telling the family what is going on.

If he has told some fibs to get loans he will obviously be in for a bit of explaining.

My…[Read more]