Hi Paul

Think we need to chat with Tom as you say. We are thinking we have gotten emotional with them & are not being smart. For sure they wouldn’t do the same for us.

Think we will avoid getting personal with onsite managers, or better still avoid them altogether with our future endeavours.

You’re right – we have been more than fair, giving…[Read more]

Looking like we will be going with the L/O. The onsite managers stand to lose their commission as well as the unit from their rental pool. We have found the buyer, are doing all the qualifying & maintenance, paying for the legalities & also do not require a 3rd party to manage the unit going forward.
They are already getting “less…[Read more]

Thanks Paul.

Is that Vendor Finance Law?

Hi Terry

Yes I think we need to negotiate with the onsite managers how to work this. They have offered a reduction in the commission if we are the ones who find the buyer – you’re right about the option not being exercised. Will take this into consideration. Thanks.

Hi Paul

Yes, we have a solicitor lined up – we are still negotiating whether it will be a wrap or an option. Seemingly at this point the solicitor wont talk anymore to us until we put $1,500 into their account. Any recommendations for a solicitor?

Hi Terry,

Thanks for that. They’re quite good actually. Just wanted to know what was the norm. We don’t want to cut them out – they’ve certainly done their fair share of work. However, initially we were going to sell normally, hence the normal commission. With rent to own, unless they exercise their option, there is no lump payment to pay…[Read more]

Thanks Richard

Just wondering – your comment re Dixon Homes? We are purchasing a block of land in Stanthorpe & intended on using Dixon Homes… any recommendations for builders in that area?

Hi Richard

We are in Qld.

Cheers

Jeff

Hi there,

As the wrap kits are no longer available – where do we source the relevant contracts/ documentations????

Have an existing negatively geared property I need to turn into a positively geared investment. Saw the wrap kit & what it contained & thought it was everything I needed… till I realised it was no longer available.

Any info re…[Read more]