It was a good year for me i nearly replaced my whole income in positive cash flow in one deal.

Toowoomba is a nice town i lived there for 9 months, good people but i hate the hills.

I'd just get them in with a verbal agreement. It's in your own house so go on gut feel and a character you can mix with. Just lay down a few ground rules before they come in but think most people will just know and adapt to this with a common verbal agreement. If things go wrong they will probably just move out. You live there so it's the easiest…[Read more]

The solicitor is still doing an Real Estate Agents License coarse online so he can list them. It's imminent but no don't think there listing yet. I will email him in the next few days.

So could i live at the property or could someone else live there with me?

Hi,      If there is a License to Occupy can the property be then rented by the purchaser similar to the above circumstances but i seek a tenant to put in the property. This is Victoria?

No it was a shop with bits and peaces of all sorts of things in Country town. Guess what. I ordered 76 meters of Laminated Flooring @ $10.50 a square meter. Troodyg if it wasn't for you planting the idea in this thread i might not have done it. Thanks. I thought it was $50 a meter till this or something. $1100.00 fully paid for and delivering all…[Read more]

When i posted this thread i was mainly wanting to have a yack about these specific ex commission houses that had come up from sale all in the one street and stimulate peoples minds of what their might be out their in your neighborhood as well. I new there we're two together and i know that the third one side by side could have been bought later.I…[Read more]

Sorry Qlds007 Wesuck approved the loan today just thankful i could get something!

No use getting a bond from the tenant in that case as VCAT will say that you gained money from electricity and or gas from the tenant at the granny flat and say it was unfair disadvantage and you will not be able to claim. 

None. Agreed. I take what bank will say yes until i can get up off the ground. I look for the very first instance of someone taking action and being proactive and following through toward either making appointments or any of the communications in between. Till date i have had to build relationships with bankers face to face and through to who…[Read more]

Hi thecrest i can confirm after speaking to my uncle and his son at the weekend at a family Reunion that he is retired from owning/ managing pubs/ motels and going into selling them. Also got myself a solicitor conveyance for FREE though i said i'd give $150 for each one. Nice contact . Based out of Sydney office and an office in Melbourne.  if…[Read more]

keiko wrote:
Jaffa, you say approach solicitors for finance, would you know the interest rates  they charge? and are they loaning out there clients money?Thanks

I don't know off individual interest rates for any particular place or person but private lenders will be wanting to make 2.5% or so percent more then the banks i imagine and will be…[Read more]

'drafting services' would be your search term in Telstra Yellow Pages.

god_of_money wrote:
Jaffasoft,A draftsman.. how to find them? in the yellow pages?Will they help if the building is not comply? Do I need to involve town planner?Will contact Liverpool council as a starting mark

Yes to all of the above except a draftman (mine anyway) does the town planning consulting as well. They working with council all the…[Read more]

Does this below criteria apply to residential houses? All proposals must meet the following 'gateway criteria' (Victoria): Projects are in areas experiencing high unemployment, a significant rise in unemployment or employment or economic vulnerabilityProjects must be viable and ready to startFunding for heritage projects will not extend…[Read more]

A draftsman will know if you need to take it any further and be able to explain it in easy terms if you pop into an office for a quick free consultation chat. l've had a few quick five minute meetings on site with a draftperson when considering a prospective purchase and each time been free but he also knows I've paid for there services in the…[Read more]

You don't mention if you have any equity in other properties? Why does one bank from the next know that it's account conduct. You need more cash or more security to offer a bank or some other lender perhaps door knock private solicitors or search private solicitors in google to borrow from but will be higher interest rates. Have you sold your car…[Read more]

That's good!

If bad debt is paid i vaguely remember reading that it then stays on file for life.