Total Members: 159,270

grossrealisation

  • grossrealisation replied to the topic Development – Builder Finance in the forum Value Adding 19 years, 3 months ago

    hi Rellie
    what your account is recommending is jv using the builder and it is very common,
    We do it all the time.
    you will need a unit trust under a company and the builder is one of the unit trust members.
    then when built the trust assigns as part of the deal one villa to the builder.
    you need to talk to an account that knows trust.
    but in…[Read more]

  • grossrealisation replied to the topic property development in the forum Help Needed! 19 years, 3 months ago

    hi Magellan
    post the suburb and I’ll give you an external planner.for Sydney

    here to help

  • grossrealisation replied to the topic Negative comments.. SO FUSTRATING! in the forum Help Needed! 19 years, 3 months ago

    hi Property Passion
    couple of things
    1.Put people around you that will have the drive to get to where they want to be(not only in real estate)
    2.learn ( not easy but true)(on the subject that you want to be the best at)(real estate)(read posts here, and on as many boards as possible)
    3.enrol to be a broker, builder or real estate agent its cheap…[Read more]

  • grossrealisation replied to the topic Am I on the right track ?? in the forum Help Needed! 19 years, 3 months ago

    hi snowball
    Sorry not a great lover of kiwi’s but for me Don and Liz are on the money.
    don’t sell unless you have to or the loss if more then the gain.
    You need some one to look at your personal details and give you an informed opinion( and don’t send it to me)
    example 1 you are on 1 mil a year with bhp 2,000 loss on an investment no…[Read more]

  • grossrealisation replied to the topic Help to Get Started!! in the forum Help Needed! 19 years, 3 months ago

    hi Hope
    I don’t know perth but all the indicators are that there is alot of development over there have a chat with roy gpsnetwork ( He’s probably going to hate me if I get his group wrong)they do reports for your area (perth)(he’s on this board)
    have alook at the market and then invest.
    I haven’t been to a master class or read any of steves books…[Read more]

  • grossrealisation replied to the topic Rebuying Property in the forum Help Needed! 19 years, 3 months ago

    hi hkr
    sorry put i won’t post on here why and how you do what you require. you need to talk to a accountant that will look at the original entity that bought the land.
    It is not as simple as you may think and if wrong the ato will look very unfavourable on one person buying out the other,trust members being removed from trust, and directors buying…[Read more]

  • grossrealisation replied to the topic ACCESSING EQUITY? in the forum Help Needed! 19 years, 3 months ago

    hi operator
    Talk to a broker in your area or on this board get a 75% lend on your current premises( go to 80% if you wish)put the money back into the loan (nab will do it without any penalty)( i’m not recommending them its a example) and you can drawn the money if and when you require.
    you can organise your own super fund but unless you are going…[Read more]

  • grossrealisation replied to the topic Sydney Discussion Group in the forum General Property 19 years, 3 months ago

    hi toni89
    Never under estimate your own value.
    brain storming is one of the most powerful tools in business.
    microsoft and mcdonalds both have brain storming days set aside for there management teams.

    here to help

  • grossrealisation replied to the topic MYOB Chart of Accounts in the forum Legal & Accounting 19 years, 3 months ago

    hi learay
    I run myob 13 and if you ring them the will tell you most things over the phone.
    my ip are run within my company so its part of our procees.
    Ring there help line or your local accountant myob is the most common software so most accounts will be able to tell you if not ring myob in melbourne

    here to help

  • grossrealisation replied to the topic Loan process sucks when they get it wrong! in the forum Help Needed! 19 years, 3 months ago

    hi Jenny1
    I read with interest the post but in the end did you get it sorted out.
    Having read most of the post, flip past dazzlings one,
    Did you organise a broker to deal with these issues they usually work in your interests.
    I read the post also for a laugh depending oon the subject.
    I would also look at funding outside the 4 main banks, the…[Read more]

  • grossrealisation replied to the topic Lesson learnt in my purchase in Hervey Bay in the forum No Subject 19 years, 3 months ago

    hi all
    Not sure, not seen the paperwork yet.(I haven’t chased it either)
    Hence the post to jenny.
    If it does come on my desk then I will be in alot better position to give a more informed response.
    and again if it does come thru ( and I’ve been told it is) then it may be a hold position for her .
    Its not one of my developments its the lending…[Read more]

  • grossrealisation replied to the topic Loan process sucks when they get it wrong! in the forum Help Needed! 19 years, 3 months ago

    hi Jenny1
    sorry but I drink single malt scotch the pressure never goes away.
    If you don’t like the heat don’t become a chef.
    As for the second ip put it down to learning we all learn.
    Currently I got 72 mil on my shoulders and I don’t loose sleep.
    When you come into my world then tell me you can’t take pressure.
    and reading your post the broker…[Read more]

  • grossrealisation replied to the topic Holiday Rental Propeties in the forum Heads Up! 19 years, 3 months ago

    hi DBlackB
    explain to me as if I was a 5 year old why I would want to read a rental page for different times of the year when I have tennents on 5 x 5 year terms with cpi increases.
    I think a page whats hot and what not would be alot better page but ha thats my idea and I’m happy with the way its set up currently(except syndication and we don’t…[Read more]

  • grossrealisation replied to the topic Gold Coast investment group in the forum General Property 19 years, 3 months ago

    Hi All
    lucky or unlucky i’m not going to qld but the sydney group is trying to organise and if successfull the attendees will be able to give a few clues.
    I didn’t get to the last one of 6 but the current will be 14 at last count.
    I have holidayed up there but not sure of investing I like it here,
    We need groups in each state and then cross…[Read more]

  • grossrealisation replied to the topic Loan process sucks when they get it wrong! in the forum Help Needed! 19 years, 3 months ago

    hi Jenny1
    Your post is very interesting and the reason that I recommend that you don’t put your lend thru the same lender.
    The first question I ask is what lender do you use currently use and then I don’t pitch to them.
    I broker to my client base and each broker must understand there client and his/her lenders.
    sorry I don’t external broker but a…[Read more]

  • grossrealisation replied to the topic Sydney Discussion Group in the forum General Property 19 years, 3 months ago

    hi roy
    Maybe a list of subjects the newbees want answers on and we can put our names down to answer them.
    Can we organise a white board, i’ve got the markers.
    I’m easy or just a general meet each other and 10 min with what you are good at and how you can help the rest.

    here to help

  • grossrealisation replied to the topic What would you do?? in the forum Help Needed! 19 years, 3 months ago

    Hi Yasmina
    I have read with interest both the posts and your replies.
    one thing jumps out at me and that is you need to get focused not on selling or keeping but what you want your investments to do and it relativley easy once you know what you want.to answer all the question in this post would take another ten posts.
    but here some clues.
    First…[Read more]

  • grossrealisation replied to the topic jenman agent??????? in the forum Help Needed! 19 years, 3 months ago

    Hi Jimoan
    I’ll give you some inside information but don’t tell the world.
    most of the real estate agents I’ve met are humans
    and as humans some are ethical and some are not.
    Just because a person dresses as a priest doesn’t mean you leave your kids with him (and with some priests thats the last thing you would do).
    check out everything.
    Real…[Read more]

  • grossrealisation replied to the topic property development in the forum Help Needed! 19 years, 3 months ago

    Hi Ron
    first get the info on this post.
    The number one rule for me is.
    Make sure that the figure stack up before you start.
    If you sit down with land,all fees,building cost, taxes and selling cost add all up.
    Then find the sell price take the above off the sell price and there must be a min of 20% profit if there isn’t you won’t get funding easy…[Read more]

  • grossrealisation replied to the topic Sharing Tips- in the forum General Property 19 years, 3 months ago

    Hi All
    1. when a aged person dies a library of information burns down.
    2. when a rich man meets a wise man the wiseman gets a little richer and richman gets a little wiser.
    3.when you travel never take anything you don’t want to lose, there are theives in this world of ours and thats not only overseas.
    4.If you’ve gained it, do everything in your…[Read more]

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