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  • Profile photo of joshknackjoshknack
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    @joshknack
    Join Date: 2004
    Post Count: 8
    April 18, 2006 - 10:37 pm

    Hi again,

    An update: I am aware that the decision is the subject of an appeal, although I don’t know when the hearing is going to be held.

    Cheers,
    Josh

    Profile photo of joshknackjoshknack
    Member
    @joshknack
    Join Date: 2004
    Post Count: 8
    April 15, 2006 - 6:50 am

    Thanks again for all the help everyone! I’ve been a member of this forum for a couple of years now, but as you can see, have only just started being active.

    I have another question: with wraps, is it necessary to inspect the property you are buying as you would in an ordinary buy and hold scenario? Can you get your client to do all of that work for you (as well as doing the legwork in finding the property), and get them to provide you with the information?

    The reason I ask is that if country towns are the best market (due to affordibility), it could be a difficulty to do so much travelling. What do wrappers generally do?

    Cheers,
    Josh

    Profile photo of joshknackjoshknack
    Member
    @joshknack
    Join Date: 2004
    Post Count: 8
    April 15, 2006 - 6:47 am

    Thanks Paul, those are some helpful tips. I too think it is possible to avoid such problems if you are careful.

    Josh

    Profile photo of joshknackjoshknack
    Member
    @joshknack
    Join Date: 2004
    Post Count: 8
    April 11, 2006 - 12:13 am

    Thanks for all the help!

    I have heard that because house prices are so inflated, it may be difficult to pull wraps off because there isn’t really a very good market for them. Is this true? Where can I find the market? My guess is regional centres or outlying suburbs in capital cities.

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