Terryw,

Thanks for the input.

We have put the “idea” out there for family members and work assosciates.

We have been through some money making ideas before and they are waiting to see if this one comes through to fruition.

[?]Do we prove ourselves with these three deals?

quote:The proof is in the pudding

Regards

Jay Cee

To all,

Although these proprties are only rentable for $150 per week, we have put the idea of Vendor financing/ Wrapping to the people in the area.

The phone has not stopped ringing.[]

We are in the process of doing due dilligence on all of the returned Rent Applications we have received.

Our dilemma is that we can only do about three of these…[Read more]

Terryw,

What is Steve Navra’s problem with wraps?

Ethics or financials?

Regards

Jay Cee

quote:

Only those who risk going too far, can possibly find out how far one can go.

Just talked to the agent regarding the two properties.
They are to be Auctioned. The Government sure have a hold over the situation. 28 day settlement, 10% deposit at the fall of the hammer. Will not compromise[]

The properties are not within the 11 second ie around $110K and woulde only rent for around $150.
Good Reno properties though.

Is it a…[Read more]

Thanks Weston,

We are looking at the NSW area, any information there?
The Government are getting rid of a couple of houses every 3 months in this area.
The Real Estate agent which is auctioning these houses warned us that they are still within the housing commission area and therefore may only attract a certain criteria of renters.
We are…[Read more]

Jason,

Doesnt look like you are having many responses on this. It does look interesting though. Have you purchased any other residex products? Which ones do you recommend?

Jay Cee[?]