Yes, I am guessing an agent signed the new tenant up, You should have received it by now, if this agent is managing the property as well it will make you wonder how good they will be if there slack at getting you the lease doc.Give the agent a call and say you are following up on the doc and see what they say,The agent I have calls me ASAP and has…[Read more]

I dunno if she will do any good, I thought rudd was doing alrite If you seen how the man called helen run the country in NZ then you would think rudd is like gold

no

The good things about commercial is when its tenanted and they pay it is good when its tenanted and they don't pay it is bad when it is vacant it is bad. minimum of 30% up front deposit required from bank, you wana have some savings for a rainy day when the property is vacant, Ive done 2 buildings vacant in one hit 9 months and 12 months, it hurts…[Read more]

obiwan22 wrote:
Thanks everyone for the tips!Keiko – Unfortunately I have told one of the valuer that I am with NAB previously.  Maybe I should use the other valuer since I haven't told them who I'm with yet.

Could be a good idea, you will find that if the valuer knows which bank then your valuation will be 5-10% lower

obiwan22 wrote:
Hi Everyone,Thanks for your replies. Limited Recourse – I have had a depreciation schedule done by a quantity surveyor prior to renting my IP out.Banker – My mortgage is with NABKeiko – So, I should just let valuer know that the purpose for valuation is for obtaining finance and to be addressed to myself.  Then, when it's done to…[Read more]

Cheeky prixs. and there going to be your neighbour.I would be getting your lawyer to get the rubbish removed and a new fence erected and an axe put threw the water line

Corrine, Do not let your banker know who you are using and just go ahead and order the valuation yourself and then once you have received a copy then call the valuer and ask to forward a copy to your banker.Reason, if you let your banker know who you want to use then she will call threw to the bank and say its being done on behalf of them, and…[Read more]

Banker wrote:
Do you have a CBA credit card, car loan or debt facility?If you have an existing debt with CBA (or unused credit card) and have held it for more than 6 months; you can get 95% plus Mortgage Insurance (up to max 97%)CBA approval includes automatic Mortgage Insurance approval for loans under 1M.

Hi Banker, So would you be saying if…[Read more]

Matt007 wrote:
Not sure mate. One way would be to talk to an agent familiar with auctions. Typically in a resi deal there's no price disclosed other than a 'reserve' price which the vendor gives the agent, that then dictates when the property is 'on the market' as far as I know.. so you may well be ok in an auction scenario as all you'd need to…[Read more]

Matt007 wrote:
Hi KeikoI guess theoretically you could auction an option, although i've not heard of it, but that doesnt mean it hasn't happened… Its' only my guess but I would have thought that at auction at some point the buyer would have to know the strike price and option price and the difference. It'd be hard to auction it off at your…[Read more]

Hi all, is it possible to do an option on a property and then sell it threw auction? will the new purchaser see the price I am paying? Thanks

Bigdreamer wrote:

keiko wrote:
Hi, does anyone know of a town called Biggenden? about 1 1/4 hours from Hervey Bay, I have heared that there possibly opening up a couple of mines in the area, has anyone else heared this?I have checked out the property prices and they seemed to have jumped in value quite a bit.

Hi Keiko,This website below lists…[Read more]

Banker wrote:
Guide only. Might be right for first home buyers without multiple income streams and liabilities. If you have a few properties it won’t work.

Thanks again BankerYep got a few properties so that will be why its different.

KateMelb wrote:
Getting a uni degree or trade qualification is the smartest way to set yourself up to have a higher-than-average paying job, which will allow you to borrow more and buy more IPs. This is exactly the path I took – sure, had less income while at uni but once I was out in the workplace, that situation changed very quickly. Was well…[Read more]

starbud wrote:
Hi all,The information you get from these forums is unreal – some of you seem to have so much insightful knowledge to pass on. We really need some guidance from you professionals out there……………………..We are a young kiwi couple living in Aus, and have saved up $30K so far for a deposit SOMEWHERE.  The end goal is to…[Read more]

jared Ellison wrote:
hey  hows it going im new to this site to and i just noticed your in a sort of similar situation to me, Im a 1st year apprentice painter in VIC ive just turned 20 ive already bought my first property to live in, its a smallish 2 bedroom unit in wodonga but im pretty keen on starting up a portfolio of investment property  a…[Read more]

Dodgy, I just received 5 messages from this money hungry pakistan. Your on the wrong forum MR faith, go try and make a real dollar and don't try ripping people off.you know what happens to people like you, they go to prison with an a hole the size of a 5 cent peice and when they get out it is the size of a 50 cent peice.

Thanks everyone, I did some more google research and found the deposit bond will not be usefull to me in this deal.Thanks

Thanks, yep thats what I was after, a few more like those answers from other members would be good