Total Members: 159,238

grossrealisation

  • grossrealisation replied to the topic O/S Property Financing Options in the forum No Subject 18 years, 8 months ago

    hi itchyfeet
    I will give this view but it not as a main steam type of lending as yours is relatively specific and you need to check it out.
    you need to talk to a international bank like hsbc, deuch, bank of china head office, and get to talk to a commercial banker.
    as long as they deal in that market they will setup a commercial lending account…[Read more]

  • grossrealisation replied to the topic Hong Kong in the forum No Subject 18 years, 8 months ago

    hi kate88
    what interest rate are you on up there now for investment properties and what are the requirements for getting a loan.
    what is there lvr’s and what growth main land is growing at a very high rate and yes you are still on english law but I was of the understanding it was difficult to lend from hong kong banks and the rates were different…[Read more]

  • grossrealisation replied to the topic Structuring – a never ending topic in the forum Legal & Accounting 18 years, 8 months ago

    hi BeauMonde
    yes it does seem excessive for a question and its easy to say bye.
    and no got a couple of excavating companies and yes I do check pricing on each and every job.
    coastymike was doing so well until he mentioned Cayman Islands on a yacht.
    whats wrong with vanuatu ??? closer and cheaper
    but I digress I hope you find the company to setup…[Read more]

  • grossrealisation replied to the topic cant find???????? in the forum Help Needed! 18 years, 8 months ago

    he won’t have landed yet.
    so I can blame him
    rule is blame the person who’s not in the room and move on always works for me

    here to help
    If you want to get involved in some of the projects I’m involved in email to ultraclean@hotmail.com

  • grossrealisation replied to the topic cant find???????? in the forum Help Needed! 18 years, 8 months ago

    ou thats another slap across the wrists gee not a good month for me.
    its was dazzling that led me astray

    here to help
    If you want to get involved in some of the projects I’m involved in email to ultraclean@hotmail.com

  • grossrealisation replied to the topic Tax from overseas IP’s in the forum Overseas Deals 18 years, 8 months ago

    hi andyperry16
    I think there will be a double tax credit with britain but the cheapest way is to ask the ato go in and see them I give opinions not advice as I find that you should pay for advice.
    as for structure advice I would not give it and if I was you I would not accept it from a bulliten board.
    it need to be setup by a structure…[Read more]

  • grossrealisation replied to the topic Power of ASIC? in the forum Opinionated! 18 years, 8 months ago

    hi Just Learning
    no problem with spats and not sure about the 100 years as I have got there yet.
    If you think your right then a spats ok for me and haven’t seen one banned yet.
    if they get personal then it the moderators call.
    as your name says just learning means to learn and one of the things to learn is there is no such thing as freedom of…[Read more]

  • grossrealisation replied to the topic cant find???????? in the forum Help Needed! 18 years, 8 months ago

    hi camder
    whats wrong with a little mutual admiration anyway.
    as for tamtam.
    some advice
    1 find an area you like and is within your budjet.
    2 find out its historic growth
    3.talk to lots of re in that area
    4. don’t just go for houses look at duplex site as well and unit sites (if there ok and you don’t want to do them you can send them to me)
    5. if…[Read more]

  • grossrealisation replied to the topic Tax from overseas IP’s in the forum Overseas Deals 18 years, 8 months ago

    hi DLPP
    depends the tax
    vat yes
    capital gains no if you make a loss.
    rental no again if you make a loss.
    land tax yes if applicable.
    and exit tax no again if you make a loss.
    depending on the country depends on the taxes local tax can be a state,county or municipality tax and depend what those tax rules are depend weather you pay then.
    you set up…[Read more]

  • grossrealisation replied to the topic Tax from overseas IP’s in the forum No Subject 18 years, 8 months ago

    hi andyperry16
    sorry to say this but the post is to vague.
    what country are you looking at investing in yes cata is right if it is in a country that has tax agreements with Australia.
    depending on what you want to achieve you need to talk to an acount that works in international accounting and they are not cheap.
    and
    True they are not interested…[Read more]

  • grossrealisation replied to the topic cant find???????? in the forum Help Needed! 18 years, 8 months ago

    hi dazzling
    two things number one get a web cam and I’ll post a mini scotch and we can web drink.
    two ask the pilot if he can give you cordinates and with the new internet access on international business class( and you will be coming business class) log into to google earth a put a pin for each deal and then upload it at somersoft caveat empire…[Read more]

  • grossrealisation replied to the topic Power of ASIC? in the forum Opinionated! 18 years, 8 months ago

    hi all
    couple of things
    Lets keep it friendly or the thread gets locked.
    I agree we must keep it friendly but I do like a spat and nat r not sure about this one” we really don’t care what the unwashed masses think”.
    alot of those are investors and investment banker need investors.
    I know a few and they don’t share your views but we all have our…[Read more]

  • grossrealisation replied to the topic Loan for Development in the forum Finance 18 years, 8 months ago

    hi bkawz
    this is not advice on property but is advice all th same two things number one this is a very open free to air bulliten board and little control who swims thru here if in fact this money was gained from a source other then business then be very carefull with who and what you invest in as I would class you as a non sophisticated investor…[Read more]

  • grossrealisation replied to the topic cant find???????? in the forum Help Needed! 18 years, 8 months ago

    dazzling
    you flyer you
    you missed the 7 townhouse site with da that is positive when complete and is a 29% return with full lend.
    and the 23 unit site in the middle of sydney thats a 29% return with a full lend and the owners will buy back at market value end product
    oh and while tamtam was up that high and was flying that leajet you could see…[Read more]

  • grossrealisation replied to the topic HOWS YOUR YEAR GOING in the forum Help Needed! 18 years, 8 months ago

    hi all
    hope its going great
    month three and the engines still going very well
    two green lights currently on two projects 30 units in all closed sealed and dusted just waiting for the signitures, offer in on a biggy and will know before the end of the month close to the biggest for me and offer on a comm which is in the air not bad for the start of…[Read more]

  • grossrealisation replied to the topic Loan for Development in the forum Finance 18 years, 8 months ago

    hi bkawz
    yes your question is very vague and it depends on resale values,construction costs and the cost of money in that country yes it is relatively easy to work out once you have the figures and a development broker can tell you but having 750k is not that much good if you don’t know what your doing for a 30 unit development here in sydney you…[Read more]

  • grossrealisation replied to the topic Island paradise in the forum Overseas Deals 18 years, 9 months ago

    hi
    well done fast lane and like the name straight off the mark.
    yes not finalised yet so the other post was for people who are interested and sorry put even if we get it and I hope we do thats closed and have the 73 potential purchasers.
    with regard to purchasing in the islands there are a couple of things
    there always is.
    first is not a place in…[Read more]

  • grossrealisation replied to the topic debt vs equity in the forum Finance 18 years, 9 months ago

    hi new_world_monkey
    i’m in the high lvr box but with rentals to cover it.
    I am alittle with Derek but and yes banks don’t like high geared structures but I use developing to keep adding, with the help of growth and the built in profit margin in developing fuels you portfolio.
    via this method and by having each project individual and stand alone…[Read more]

  • grossrealisation replied to the topic Agent refused my written offer ! in the forum Help Needed! 18 years, 9 months ago

    hi bdm
    is this property in vic or nsw.
    check the contract and in ther ewill be aclause that says have you been introduced to this property by any agent make sure you get it crossed out very important as the purchaser not the vendor payes this cost.
    I do my own negotiations and yes you can neg a deal but you don’t do that until you have a who else…[Read more]

  • grossrealisation replied to the topic Starting out in the forum Help Needed! 18 years, 9 months ago

    hi leesafinch
    first forget return and or even investing
    first learn.
    you are in bris so go to a couple of investing meetings
    next get to an accountant in bris that does investing structure somersoft.com have a bris meeting good place to start. or if they have a property invest group bris go there.
    next sit down and work out what you are going to…[Read more]

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