Total Members: 159,205

Happy_Dragon

  • Hi Chris,Sound interesting. Please send me details and I may join to put offer as well. Do you have more property to sell? You could me email on [email protected]Cheers

  • Happy_Dragon replied to the topic keep the deal or flip it ? can I ??? in the forum Creative Investing 19 years ago

    Thanks Terry, my current solicitor said can not do it, even you got “and/ or nominee clause”,as the law the vic cover this circumstances. I am looking for other solicitor in melbourne. Any suggestion from anyone?

    cheers

    Happy_Dragon

    A simple act is worth ten thousand times of a decision to to act.

  • For hellman, where you can find 8plex for $80k in Australia? also you revalue $90k, is this mean you add $10k to value to support $100 rent for each or you add $90k to original $80k and still get the $100 rent (you are really amazing if you can the latter :)

    For gross, in investing, I think it all relative to risk+knowledge+experience v return. You…[Read more]

  • Happy_Dragon replied to the topic signing for a block on behalf of another in the forum Creative Investing 19 years ago

    Hi grossrealisation,

    Just wondering what is a vic company? If you create a company with discretionary trust underneath, isn’t will have complication with beneficiaries in the deed? will it cause the creation of new trust from law point of view? as you change the ownership of the trust and reflectively change beneficiaries, appointor.

    Still…[Read more]

  • Happy_Dragon replied to the topic keep the deal or flip it ? can I ??? in the forum Creative Investing 19 years, 1 month ago

    Thank you Dr. X and Richard for the suggestion (now I know whose idea it is [biggrin]

    Still looking for all genius out there whom haven’t check this post yet [baaa] and put their 2 Cent donation (ah, by the way I accept cheque as well [:D]

    This forum is an endless road filled with angels [angel] and not so evil devils…[Read more]

  • Happy_Dragon replied to the topic keep the deal or flip it ? can I ??? in the forum Creative Investing 19 years, 1 month ago

    Hi all, just met with my solicitor, she said that I do have right to terminate the contract using business partner clause or assign the builder as nominee, BUT the stamp duty still apllies [bawl]

    I think I remember someone in forum (is it Terry??) whom mentioned that if I can make an agreement pre date the contract with the builder, I can avoided…[Read more]

  • Happy_Dragon replied to the topic keep the deal or flip it ? can I ??? in the forum Creative Investing 19 years, 1 month ago

    I live in melbourne and the property also in melbourne. If I can assign the contract without asttracting stamp duty, I don’t mind paying the agent commission ($100 initial for $15,000 in 1 week is a very good deal I reckon [biggrin])I am using solicitor instead of conveyancer, so I will see what my solicitor say on monday. Anyone has done this in…[Read more]

Happy_Dragon

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