Thanks to everyone for their responses… Yes I will definately see an accountant. There are 72 franchises opened with more following and they are returning over 20% PBT so doing quite well.

I am definately going to also do my due dilegence and marketing to make sure the business is viable.

Thanks to everyone. I hope if anyone can help they can email

Thanks to everyone for their responses… Yes I will definately see an accountant. There are and they are returning over 20% PBT so doing quite well.

I am definately going to also do my due dilegence and marketing to make sure the business is viable.

HI Luci and thanks for you reply…

To say that I might not be “educated” enough is not quite correct.

I have read tons of books on property investment and attended heaps of seminars(John Burley, Steve etc). In fact, I think, while we always need to educate ourselves and I don’t know every thing, I think it is time I took action and stop…[Read more]

Hi Mortgage Advisor,

How are you able to borrow more than 95% of the property value on a first mortgage.

I was under the impression (working for a major bank myself) the maximum you can borrow is 95%.

Do other lenders do more?

thanks

Jason

HI Jason here,

I live in the Melbourne City…

Used to live in Caroline Springs and just sold this house…

Going to be doing my first ip soon…

See Ya