Forum Replies Created
Martin,
Your simply approach is a good one.Can you recommend any books on developing such as what you are doing? Particularly anywhere out in larger regional towns, which is what I’m interested in learning about. Or do you think the same ways can be applied out the country regional towns?
And would you like to share us some info about how you we’re able to do your very first development deal? How did you go about getting the finance? How much did you start with?
Can you go into some detail about this!
And the fact that you can’t spell as much as me is great motivation in its self
, for me. Don’t take that as an offence, I meant it in a jovial fashion.And great that you are getting involved in something new like forum posts. And being very generous to which you don’t see many people do.
Jaffasoft
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Footsteps in the sands of time weren’t made sitting down.
Positive Cashflow Financial Analysis Calculator OnlinePretty good.
Harvey Bay just down not far from Bundy was declared the fastest growing town in Autsralia only a few months ago. It’s no wander Virgin Blue and Quantus have unfolded Airports there.
Bundaberg itself is alright. You’ll need to be creative to get cashflow.
Burnett Heads would probably be your best bet, as they are heading out there since Bagara has slowed down or nearly run out of room. I new an RE agent that was buying a block himself moving a house onto it doing most of the work himself. in Burnett Heads.
I just spent nine months there, I really like Bundaberg it’s a great place. I’m gunna go back there.
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Footsteps in the sands of time weren’t made sitting down.
Positive Cashflow Financial Analysis Calculator OnlineI always make spelling errors…skippygirl
Glad your enjoying it.
Hope it helps you with your reno plans.
.
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Interested in Joint Venture Reno ProjectsDanah
Maybe this calculator might be handy for you, in the situation your in and what your about to do. It calculates a ‘Reno Scenario’ from a numbers piont of view.
I would try to estimate how much each section of work is going to cost and write this up in a detailed plan and feasability study of the numbers first.
It’s brand new, fresh and hot of the press. ‘Reno Scenario Calculator’
.
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Interested in Joint Venture Reno ProjectsI was thinking of working in Mt Isa, don’t think I will now.
I can see why they get payed so well.
It’s bloody 110 degrees in the shade.
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Footsteps in the sands of time weren’t made sitting down.
Positive Cashflow Financial Analysis Calculator OnlineKim
Could you expand more on a sub division type senario….Jaffa
.
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Footsteps in the sands of time weren’t made sitting down.
Positive Cashflow Financial Analysis Calculator OnlineGood to be back. Veeeery good to be back. I missed you guys, i missed the forrum. I’m looking forward to getting stable and getting into the computer again. It’s arrived and all set up, not a bad buy at $600, it’s half the price of a Harvey Norman one for the same system. Yep, it’s been a long time between drinks. Very long time. The houseboat – don’t go there. I ran out of fun tickets. The trip was good, had some good times had some bad times.
This spreedsheet thing, what i would suggest and i don’t know how it could be done because there is different senario’s. But to factor in tax. This is the bit i want to sort out, how much can be saved on tax? selling after 12 months etc and how much can be saved in other areas of tax during the process. One of the taxes that stands out that could be included is the 50% CGT if the property is sold within 12 months of purchasing? Or maybee it could just include some text explaining the tax in different senario’s??
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Footsteps in the sands of time weren’t made sitting down.
Positive Cashflow Financial Analysis Calculator OnlineHi REDWING,
I’m Looking at doing a full on comprehensive reno number cruncher, on my web site soon. Simular to the positive cashflow calculator style set up.I don’t know much about spreadsheets, but will look to your post for tips. I haven’t had a computer for over 12 months, bought a new second hand one just today. Waiting for it to get delivered in the mail.
I’ve needed one of these reno senario calculators over the last few months, would have made things easier.
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Footsteps in the sands of time weren’t made sitting down.
Positive Cashflow Financial Analysis Calculator OnlineIt’s alright, I think I have one next week to move into.
Greg y, I believe i did get your email. But only now, it was so hectic over easter I didn’t get to any internet cafe. I hope I can still get a chance to catch up with you.
The meeting is on at The North Progress Hall Bundaberg on this Saturday 2nd of April 2005. North Bundaberg over the old bridge, road curves a quick left then right, at the Aussie Hotel and along Queen Street is the North Progress Hall on the right, just past the round about.
I’ve booked the hall for 7PM till 12AM there will be chairs and tables. I might charge a small fee towards the hire of the hall, which is a total of sixty dollars.
The time set gives time for anyone to have tea before they go and to travel on Saturday when they might not be working.
So far there is ten that i estimate will turn up , i know of 6 locals. Well be talking about land and house removals, renovations and +CF creative opportunities.
I will supply beverages. Or BYO alcohol if you wish.
All welcome.
Regards
JaffasoftSee ya there! [biggrin]
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Footsteps in the sands of time weren’t made sitting down.
Positive Cashflow Financial Analysis Calculator OnlineYour quiet right, quiet soon I’m looking forward to adding those additional things.
The edit section hasn’t been used all that much for copying and pasting into the forrum! So I might take that bit out and then I will have the room i needed before to add those things in there.
Good idea’s, thanks a lot.
Hill Billy Backpackers
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Footsteps in the sands of time weren’t made sitting down.
Positive Cashflow Financial Analysis Calculator OnlineActauly I’ve decided to set it for the weekend after easter. On the Saturday night, unless anyone can change my mind.
Jaffasoft
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Footsteps in the sands of time weren’t made sitting down.
Positive Cashflow Financial Analysis Calculator OnlineOriginally posted by alway 38:hi,
i’m interested to join your group can u keep me posted on where & when?
thanks heaps
38Cheers, it looks as though it will be before easter ( the weekend before ) or after. Because i didn’t realize it was easter.
Send me a blank email can ya, with the title ‘bundy meeting’ or something like that. Then so as i can send you out a email in the mailing list!
Bye
JaffasoftOriginally posted by Monopoly:Hey Jaffa,
<<I will be going o/s end of this month but have decided it might be a good idea to withraw a bit earlier than anticipated; seems as though I am an upsetting some of the newbies>>
I new intruduction with the newbie’s. Mmmmmm, rubbs chin, well they will be learning from one of the best. I like your style.
In other forums, i just ignored anyone that’s ‘not cool’, just engore them. Getting fired up only takes away good time, to use it, for productive things that your good at.
Monopoly, just walk out the back and cool off [biggrin], resist letting those fingers go on your keyboard.
<< “best of”s they are good value as are you!!! Will miss ya!! >> Yeah, I’m trying to find more.
I can imagine a lot more creative things going on soon in the forum and i got some ideas for the house renovating and complicated investor things and structures.
Anyway good to here from you.
Have a lovely trip. Get on the beach that will fix you up!!
It’s seems as though we’ll be looking at the end of March for the meeting.
I’m getting some interested, but there must be more in the cob webs. Remember, it’s you that make the team or group, so come forward and express your interests.
I think i will also put up a few adds around town and in the RE windows. And a little add in the paper.
I will keep you posted, send an email to me and I will put you in with the others on the email database.
P.S. Great wheather we’re hav’en lately, not as hot as before, just beautiful blue sky’s!
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Footsteps in the sands of time weren’t made sitting down.
Positive Cashflow Financial Analysis Calculator OnlineG’day,
Sorry a bit of a delayed reply!<<What is the 1% stamp duty they are talking about?>>
The state I’m negotiating in is, Queensland!
As far as I know from what the agent says, it’s 1% stamp duty payable my me and also the nominee is payable to another 1% on changing it over to there name. In this case 1% on the 120k this information was from the agents solicitor. And but the agent was still reluctant to let me sign a contract.
I really just want to tie the property up for enough time to secure a money partner. Which I have a few interested parties, but there just not quiet there yet.
I’ve done a lot of research on the property and still don’t see any reason why it wouldn’t work to Reno and resell instantly in one month. And or to put it straight back on the market. Because it seems way undervalued and also the details to a marriage split up are a bit ugly. I think the house is selling cheap because of this reason.
There is only to downfalls to the property one is that it’s a two bedroom, and the other is it’s on the north side of town.
But I justify this by a shopping centre being built in the next six months!
I’m rattling on, I better go by.I would apprietiate your advice on this, I we might be able to secure it with your knowledge.
I will also see a solicitor, but i would like your advice.
Jaffasoft
I’m learning so much about this.
I currently have found another potential deal that could be put together. However the agent is saying i can not sign an offer on the property for a nominee, unless i am pre-pared to pay the 1% stamp duty fee, upon changing the contract over into a nominee’s hands.
The property had a contract on it last time and it is now on the market again. How can I tie the property up in my name until i find a suitable money partner for this good potential profit making renovation?
I am in liaison with a few different Investors from my end, but need more time to organize the ‘money partners’.
Can you give me some advice as to what offer to submit and or what to ask and negotiate with the agent, and or what clause to put in?How can i word the contract and so that the stamp duty , payable by me, can be taken out of the profit’s at the end result?
Did anyone discuss the impact of the 780m river marina development, just up the river past Wahgunyah?
I’m aware of one right now that’s for sale for $25,000 thousand. Will require another $30,000 to make it viable, if it goes ahead? But I can’t tell you to much about it. Because my Dad’s looking at buying it!
But put the post in more to get your confidence up.
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Footsteps in the sands of time weren’t made sitting down.
Positive Cashflow Financial Analysis Calculator Online
, for me. Don’t take that as an offence, I meant it in a jovial fashion.
