grossrealisation replied to the topic Ed Chan in the forum No Subject 19 years ago
hi all
sorry but I think that this is not a trust but a structure and it is made up of multipul trust.
I am yet to hear from some one who has paid the money and got the trust documents and if its a structure you will not get them you will be required to join the structure.
there are many types of these structures
I am trying to get a understanding…[Read more]grossrealisation replied to the topic SYDNEY MEETING GROUP in the forum Creative Investing 19 years ago
hi roy
you should have been sent the link to become a member, as all people that come to the meetings get sent the link if a problem I will send the link to you.here to help
If you want to get involved in some of the projects I’m involved in email to ultraclean@hotmail.comgrossrealisation replied to the topic Bird Dog Advice in the forum Help Needed! 19 years ago
hi DoneDeal
I call them foot soldiers rarther then bird doggers and its more correct with a foot soldier he finds the the required information or product and I pay for it don’t know if you need a licence to do that nor for that matter do I care.
but I do agree with quiggles if the was very good you would take it your self so I ask very specific…[Read more]grossrealisation replied to the topic A Different type of TRUST in the forum Legal & Accounting 19 years ago
Hi nazzysmith0153
Have a read of the post ed chan or chan property investing trust.
If you can add anything let me know.
I am interested in what it is, not what it does.keep your hands in your pocket unless you know what your buying and ask to see the ruling and then check to see if the ruling was for the specific applicant rarther then the system…[Read more]grossrealisation replied to the topic chan property investor trust in the forum Creative Investing 19 years ago
hi all
I have asked the office on the two phone numbers I have to check this trust there is another trust system not sure if any formites no of it called mci’s rome structure this is also a structure that was backed by some barristers that was supposed to have ato ruling in it favour the only trouble was that these are individual rulings so if you…[Read more]grossrealisation replied to the topic SYDNEY MEETING GROUP in the forum No Subject 19 years ago
hi choir
as you can tell I’m a quiet type so don’t give out my email much but here it is ultraclean@hotmail.comhere to help
If you want to get involved in some of the projects I’m involved in email to ultraclean@hotmail.comgrossrealisation replied to the topic chan property investor trust in the forum No Subject 19 years ago
yes
spoken to a few of the people that I deal with and they have not heard of it.
wondering if there is anyone who has purchased ithere to help
If you want to get involved in some of the projects I’m involved in email to ultraclean@hotmail.comgrossrealisation replied to the topic to Sell or Develop that is the Question in the forum Value Adding 19 years ago
hi AUSPROP
not sure of it being aloophole but If it is a unit trust the the end product is distributed to the trust members this is for me the norm and most of the developers that I deal with.
I am holding 3 units in the last development and have setup the same mirror structure for the development that settles on the 6th dec and have already…[Read more]grossrealisation replied to the topic 57% cash on cash return???Commercial deal. in the forum No Subject 19 years ago
hi debbrad
Sorry but how can you buy a property with a lease and you haven’t seen the lease.
example clause 3 says that they land owner payes for the relocation of the tennant to any where in Australia at the land owner cost.
Clause 4 the land owner payes the tenannt for any fixture fitted by the tennant at the current market price.
Clause 5 The…[Read more]grossrealisation replied to the topic Vendor will NOT negotiate in the forum No Subject 19 years ago
hi vyvyen
little bit of advice
If you are going to live on beans to get this house and its going to be your ppor make sure you get a fixed interest lend for 10 years a couple of interest point movement and you haven’t got any beans to eat and as its your ppor you can’t claim any losses to tax and you can’t sell it back into the market because the…[Read more]grossrealisation replied to the topic Do you know anyone that retired by 30? in the forum Creative Investing 19 years ago
hi all
nice post not sure about getting to a level to retire but if you aim for 2.5 mil in equity with a investment structure that gave you 10% return your there.
I like what I do and no I don’t sell books nor do
I write them and as for retiring full time not sure yet, similar to dazzlings guy I enjoy what I do and it gets alot easier when you…[Read more]grossrealisation replied to the topic Cameron Bird Property Partners in the forum Heads Up! 19 years ago
hi all
not sure if its the same company but Cameron Bird from my deals was a liquidator company and I have had alot of dealing with that Cameron Bird and it sound very similar to my dealing with them I tried without success to stop a perfectly good business being cut up and sold as piece meal in the end i bought just the name and the phone number…[Read more]grossrealisation replied to the topic Bank Vs Non Bank in the forum Finance 19 years ago
hi andrew west
right click my name.
go to any of the posts with regard to sdg 3
and come along to the next meeting its this sunday 27th at petersham rsl at 4.00 there is usually a broker there.
hope to see you there.
I am a licenced mortgage group broker but don’t broker to the general market place but any question ask away.here to help
If you…[Read more]grossrealisation replied to the topic Vendor will NOT negotiate in the forum Help Needed! 19 years ago
Hi vyvyen
This one is a hard call because people keep saying its a buyers market, well it is if you are willing to sell.
If these people are not willing to sell under 1.6 in this market and you want it you need to find away of getting there.
My veiw as an investors is if this property is valued at 1.6, you will need a very good return to make it…[Read more]grossrealisation replied to the topic Building defects – structural engineer needed in the forum Help Needed! 19 years ago
hi nickelben
quickest way is go to site drive within 5k of the site and find any building site, unit or townhouses and ask there constructual engineer they have to have one its the quickest and cheapest.
If I have a site I’m looking at I do the same.
not sure your state but this is the best advice failing that talk to the council ask for there…[Read more]grossrealisation replied to the topic What would you do? in the forum Help Needed! 19 years ago
Hi cameronsmithaus
sorry but they are totally different.
house
The best way to add value quickly is rip the roof off and add a second addition do it cheaply.
The return is higher then any thing that will be below, bedroom are only walls but the value flys up.
units
a bit hard to rip the roof off so two areas that sell a unit, kitchen and bathroom,…[Read more]grossrealisation replied to the topic to Sell or Develop that is the Question in the forum No Subject 19 years ago
Hi patbc
Welcome also from me.
Couple of things.
First AUSPROP nop its not unusual to hold one, two or three unit depending on the development and as for (was the accountant hinting at fiddling books a bit or is this a legit strategy?) well this is the norm as long as the structure has been setup at the start I am currently hold 3 in a…[Read more]grossrealisation replied to the topic Junior investor in the forum Opinionated! 19 years ago
hi palmer707
not a great reader myself but I buy the mags go and get this months financial review smart investor and australian property investor.
Chat to the shop owner and get them each month and have a read they are a wealth of information on areas that you can look at and structures people use.
I don’t have naything to do with either except I…[Read more]grossrealisation replied to the topic Bank Vs Non Bank in the forum Finance 19 years ago
hi andrew west
I have yet to find a lender that is the same you need to talk to lots and then decide which to run with.there rates, setup costs and on going cost are different so have fun.
try not to cross colat if posible and look at all costs.here to help
If you want to get involved in some of the projects I’m involved in email to…[Read more]grossrealisation replied to the topic I just dont get it, how is it possible in the forum Help Needed! 19 years ago
hi PaulDobson
not sure about the first three had a quick look.
1st one is ok
2nd is wrapping and yes works for wrappers, but I would get involved with a wrapper first before getting into that market,
Its a little sticky for me and not without its litigation that hasn’t been answer to my liking.
3rd ok if you want to sign up for learning not going…[Read more]- Load More