This is a new area [fez]

I just had another call fro mteh is vendor and they have just dropped another 10K for a quick sale ….
Who is in?

Why Rent? Rent 2 own!
http://www.rent2ownaus.com

Originally posted by Sandstone:
You cannot force an agent to put forward your offer. If you firmly believe that an agent is withholding an offer you thing the vendor should see then the only thing you can do really is knock on the door yourself (assuming they live there).
Good luck.[thumbsup2]

You could alsways speak with the principal of…[Read more]

Hey There,
I wouldn’t get too upset about hte hype of the market at the moment either as they are over priced there at the moment and there are other markets that are good for buying at the lower point in the boom/bust cycle…..then in 6-18 months you could benefit from the rise in capital gains…… better still buy in a good growth…[Read more]

This is a fantastic and generous gift you are giving us … I will enjoy this read and hope to see more!
Cheers,
Kiwi[strum]

Why Rent? Rent 2 own!
http://www.rent2ownaus.com

Originally posted by dannii72:
Thanks for he quick responc[biggrin]

At least I can make a start. The only thing i wasnt keen on was going guarantor. I was thinking it was awfully risky considering I dont trust him very much!

That ok… you can still take control of it if you go guarentor…..
Limitied Power Of Atourney will see to that ….
This…[Read more]

Hey there,
Don’t know if this is any help but here it goes.

I would find out:
1. If they are behind on payments
2. How much to compete the project …. or is the mortgage going to cover it?
3. Get a payout figure from the lender to discharge it (this will let you know if there ar any other credit cards or anyother nasty unkown bills to tag onto…[Read more]

Hey Westan… Good to see you back on track again! [biggrin]

I agree with your wholeheartedly….. to a point. What you say is correct , however the ripple effect from house prices dropping in the large cities … is usually because the sentiment is that they either are to high, Yeild are too low for investors, or …. pack thinking has gone…[Read more]

Originally posted by michelle34:
Thanks for your feedback Craig. we split all costs associated with the property (mortgage, expenses, renovation costs) 50/50 with the intention of splitting any profit in the same way when the house sold. my buyout calculations so far have included 50% of all closing costs and renovations costs plus 50% of the…[Read more]

I would suggest this
Tell them what buying range you are looking for…. Ask them for hte biggest problem property…. after all the bargains are not on the asking price…. but on the negotiated price.

Cheers
Kiwi[strum]

Why Rent? Rent 2 own!
http://www.rent2ownaus.com

Very Interesting indeed… however they [baaa]do not look at one key piece of data (or fail to highlight it to give thier story impact…more likely)[withstupid] and that is:

The cycle frequencies may be hard and fast…. however if you compare the lowest point of the newest Boom/bust cycle to the lowest point of the previous cycle….. you will…[Read more]

Depends……

On rental demand.
Rental return.
Rental vacancy periods
Building condition.
Local employment available.
body corp fees.
Body corp history and pending repairs to get underway.
growth in area (capital).
Population level (increasing or decreasing).
Unemployment rate.
Area demographics…..

Just ot name a few.

Why Rent? Rent 2…[Read more]

Hey there!

I agree with the goal sounding board…. if you keep it … does it get you closer to your goals or take your further away.

DO you know the value of the land??? (other than what the buyer is offering?).
Make sure you know what it is worth before you sell it as you may be getting well under market rate for it.
Since we are adults and…[Read more]

If I can assisit to clear up things (in case of confusion).when yo uby …. you nee to know your financial position at the beginning of the process and also know your “Worst case scenario”
So if Plan “a” does not work” then go to plan “b” ….
Fo0r example if you buy in a strategy that you are going to buy on wholesale and then renovate and then…[Read more]

well there[strum]e ya go!

Why Rent? Rent 2 own!
http://www.rent2ownaus.com

Originally posted by mum:
Check out what service is (supposed to be) provided before you sign up. And also ask how many they have on their rent roll. A good PM is worth paying for if it means less and shorter vacancies, higher rent, happier tenants, and no problems when tenants move out.

Also good to find one recommended by someone independent…[Read more]

Originally posted by Housemender:
I figure most properties with a good return would be promoting the fact and would therefore contain the word “return” in the property description.

I’ve found a few great properties in most States over the past few weeks – but I’m not buying though!!

I would suspect you would be paying retail in most cases as…[Read more]

Re the Cars…
I believe the biggest safety that does nt comply with AUST standards is the lack of side intrusion bars (steel reinforcing channel that is welded intothe door to prevent crushing from side impact)…
And we all know how crazy the Sydney sity clickers are [blink]
And if you all have a visual of that…. then you should see the…[Read more]

cheap flights = http://www.webjet.com.au
Cheers,
Kiwi[strum]

Why Rent? Rent 2 own!
http://www.rent2ownaus.com

Hey Maia,
You seem to be looking for a lender that will support a second mortgage (from the vendor) and complete the sales transaction with your name (or entity) on the title… – Hope I have understood your question.

This is an easy one and all you need to do is hunt for an NZ broker/lender that has no issues with your servicability due to you…[Read more]

We have 2 cars…
a 98 Hyundai Sonata that I negotiated for $2500 below market value due to a damaged rear door … as luck would have it … I found a door exactly the same and fitted complete with a cut and polish for a greand total of 80 bucks ontop of hte price I paid…. I could still sell it today and make a grand or so more than I paid…[Read more]