Forum Replies Created
hi simon
A guy got into court here for swearing and you must learn to bite your lip with new investors and don’t be so hard on dazzling.
As for return there are lots of areas with high return but as I posted it depend of the risk and can you get a lend.
there are a couplke of towns in nsw that are in the 12 to 13% but you can’t get a lend and it even difficult to use the equity as a leverage.
as with everything if it look so good there is a reason why it isn’t snapped up or why they all look so good in the one town.
this is not to say its not a good investment some of them are they just don’t usually have good cg.
and in advance for dazzling that capital growthhere to help
hi sP00dLe
I have done as you ask I get the contract to reflect the valuation price.then get a 80% lend on that value.then the owners vendor finace the difference between your agreed price and the lenders amount (remember that your agreed price is different then the valuation price)
and the rate to the vendor is the same as the lenders interest rate.
simple really
Maybe write down if it dosen’t sink in first time
this system doesnt get you into LMI arae
Also if the valuation comes in as you wish then it works out as near to a 100% lend as possible.
The vendor will wish security for there money, a caveat on the property after the lend has gone thru ( usually 4 days).
they then have security.
pm me if you wish.here to help
thanks Louise
upper wa and around to darwin for me and broken hill to sydney.
I may have my truck put the offer in awaiting the answer currently it is in the middle of the simpson desert will keep you all informed.here to help
hi JLtarra
First off check the post code with a bank and see will they lend in that town or area.
That return is not uncommon and the 1mil is not high for commercial as the norm is above 500k for a shop.
banks normally won’t lend above 60% on comm but it depends on the lender.here to help
hi all
20th looking good
Are you bringing the scotch len.
Have we progress anywere with the list and the contact email address page.
I think that I will leave the area picking to a couple of the newbees to give the ideas as I and afew others here would have vested interest in asking for areas that we are already looking at and would be trying to keep those areas a little bit of a secret hush hush.
see you all soonhere to help
hi richard
I think there are a couple missing but a ggod post.here to help
hi toni
Can we check the golf,cricket,football,swimming and afl times and any rock concerts around this date so that spi can attend as he like all of the above and I wouldn’t like to miss him this time.here to help
hi all
a little bit of warning.
there are lots of different investors clubs and I have been to many (I haven’t joined any but deal with a few)
check out not only the club but whats behind the club.
how are they funded.
what are you paying for.
what are you getting for your $$$
there are alot that are better then others but they are basically learning groups and the costs are very different.
some are posi, some neg.
Make sure that the club you join know what they are talking about and are not just selling home loans ( which one Ive been to is)
this is a general warning and not specific to the investor club as I haven’t been to one of there meetings but investment clubs in general.here to help
hi all
now I know why Mortgage Hunter understands my posts as he likes riddles.here to help
hi all
ditto
I enjoyed it and will try a trust person also to see if they can come along.
relay my thanks to petersham rsl.maybe if we do have interstates comming in you give us the date and lets see if we can work around that date as we are flexible and you have a fixed date I know oxygen was in on wendsday last week and couldn’t make it because the dates are fixed.
As you know I’m flexible.here to help
you should have it.
set via ultraclean yesterday.
email at [email protected] if you haven’t got it.here to help
hi all
I do have to work you know.
I read with interest these posts.
spi I have been told at the last meeting of the sydney group that I am like a business artist I produce business plans like an artist draws a picture and to that end van gough was never understood and even when I stand in front of that little print of the mona lisa I cann’t understand that either.
but when you run with one of my little business ventures and you see the end product, you think who would have thought of that.swim on the fringes its more fun and more profitable.
and nat r Sorry but white power is not my one of my viceshere to help
hi razrea
have aread of sg3
the meeting is on sunday at petersham rsl 4.00 what you are recommending is alraedy there sg3 is sydney group 3here to help
hi danny boy
read topic sg3here to help
they let you modified truths
here to help
hi Dannyboy
steve has rung me and after our little chat I have open my little challenge to anyone.and lets see he has explained his position in this mentoring process and will see if the money spent is worth it or not by the responces of the mentoreeshere to help
hi all
I have spoken with steve
and it is similar to Bob Dobelina is saying.
it maybe difficult to put apples with apples so lets change the goal posts a little.
read the gross and his projects on somersoft in the caveats section then post back here your deal and I’ll post mine.open to both mentore and non
still interested in what deals are out therehere to help
hi coastymike
the meeting is on at petersham rsl
at 4,00pm
the address is 7 regent st petersham
behind marrickville council and has two car parks.
I have acompany called mint that will be comming and they are sending me a time slot for there subjects but we want to try and have different groups.
there was about 30 last time and hope to get the same this timehere to help
hi all
don’t forget to put your name on the other post so we can get numbers.
mint are organising a couple people and are happy to organise a structure for up comming meetings so lets see what there like.
also they are going to send a time frame for there sectionhere to help
hi resiwealth
I hope you are comming to the next sydney meeting are you will understand I don’t think there is enough room on this post and it doesn’t allow to attach word docs.
as for truth.
It is a very funny item
as it can be stretch,
can’t be broken
is thrown away and comes back,
some people love it but don’t always use it and other hate it and always use it to the detriment or glorification of others.
is traded across tables all the time by people who have no idea of its worth.Is held in high regard by murderers with drugs of there choice and kids around the planet.
truth is something that can’t be seen so clarity is not the issue.
The real issue is that it is not truth that needs clarity but due diligence.
and I’m not going into due diligence as that a totally different thinghere to help
