Lockymac replied to the topic Should I sell or should I hold….. in the forum Help Needed! 15 years, 1 month ago
Hold onto it, the benefits of holding in the long term far out weigh the positives of banking now (in my opinion)
However I dont no your personal situation, if its to stressful get rid of it, life to short yeah:)
Goodluck
Lockymac replied to the topic Newbie in Potential Property Development in the forum Help Needed! 15 years, 1 month ago
Hi,
Check this thread out https://www.propertyinvesting.com/forums/property-investing/value-adding/4329357
The difference between town houses and normal dwellings. Basically as soon as you go two storeys the cost starts to blow out a bit.
Make sure that the sewer is connected as well.
Hope it helps
Lachlan McDonald
Stroba GroupLockymac replied to the topic NRAS scheme in the forum General Property 15 years, 1 month ago
Hi Nras
what is contained in this weekly seminars?
Lockymac replied to the topic Why people sell before sub division in the forum Finance 15 years, 1 month ago
Some people dont know.
Others dont want the hassel, it is a little but time consuming, also funding issues
But I reckon most of it is because they dont know how and cant be bothered. Just go and buy it of them:)
Lockymac replied to the topic Property sales data on Realestate.com.au in the forum yeah mate im an agent in WA 15 years, 1 month ago
yeah mate im an agent in WA and I crossed checked them with the info on reiwa.com they were the same. if that helps
Lockymac replied to the topic Rental Garauntee in the forum Rent gauranteed for twelve 15 years, 1 month ago
Rent gauranteed for twelve months means that you pay extra for the purchase. The company figures how much it will cost to have the property vacant for that long and then adds it on to the price. So effectively your paying your own rent.
Lockymac replied to the topic Net penny stocks: getting paid $500 a week!? in the forum Opinionated! 15 years, 1 month ago
Great website hahahahaha
Lockymac replied to the topic What type of vehicle do you have ?? in the forum Opinionated! 15 years, 1 month ago
1996 Hyundai Excel. The silver fox:) Love the little thing and still looks semi professional one day Black Subaru WRX Sti one day:)
Lockymac replied to the topic NRAS scheme in the forum General Property 15 years, 1 month ago
The idea is sound and the returns are good. It ten years government backed to be positive geared??
Things that you should remember when buying though
-Cheap cheap rent. 40% below market rate! In a complex. What kind of tenants will it attract. It could turn into a Getto
-Resale after ten years might be low.But ten years of positive geared…[Read more]
Lockymac replied to the topic Agents Referral Fee in the forum Creative Investing 15 years, 1 month ago
I see that as the commission. Im thinking a referal fee is what they would give you if you sent them business.
If your talking about an actual sales commission then the average in WA is 3%
Hope this helps
Lockymac replied to the topic 18 Months To Build Two Townhouses in the forum Help Needed! 15 years, 1 month ago
Much to long we are doing alot of developments in Perth at the moment and twelve months is the worst quote we have got back. It sounds like your company has enough work already might be a better idea to shop around. Might cost you a little more but shave six months of the job??
Cheers
Lockymac replied to the topic SUB DIVIDE in the forum Value Adding 15 years, 1 month ago
You could also put it in your contract for sale. A clause like sixty days due diligence to find out if it will go through. if you pay a good price it should have no problem settling.
Lockymac replied to the topic Demolition / Subdivision & Construction costs in the forum Value Adding 15 years, 1 month ago
Hi Kazwood,
It depends who you go through, 1000 does sound a bit much, however we do alot of business with town planners so we may get a cheaper price. I have heard of surveys going for $600. which town planner did you use?
Lockymac replied to the topic Real Estate Agents in the forum Help Needed! 15 years, 1 month ago
Lockymac replied to the topic Agents Referral Fee in the forum Creative Investing 15 years, 1 month ago
You mean, you give them the lead and they give you coin? You could get $500
Lockymac replied to the topic Demolition / Subdivision & Construction costs in the forum Value Adding 15 years, 1 month ago
Hey mate,
Your looking at about 10k to demolish and clean the site, some companies will do it for free depends on the material the house is made from. From there it depends if the sewer is already conected to the site (that can be expensive). After that subdivision process is very simple.
5000 in council fees (my last one in WA) this depends on…[Read more]
Lockymac replied to the topic October 09 Property Crash Begins in the forum General Property 15 years, 2 months ago
Yeah i feel positive about my area and Australia in general with the population expected to reach 45million by 2054.
Lockymac replied to the topic Asset protection Company or trust in the forum Help Needed! 15 years, 2 months ago
Terry is right there is no need to have two directors if you plan on holding the shares in both your names (ie 50 for me and fifty for you)
Whoever if (and think about this) you have your family trust own the shares to the company you should have both of your names as directors.
You have to speaking to an accountant or financial planner about…[Read more]
Lockymac replied to the topic Real Estate Agents in the forum Help Needed! 15 years, 2 months ago
Sorry, i missed what you were talking about. I am looking for an agent to work for my company:)
Not myself in selling a property. Does that make more sense?Lockymac replied to the topic Real Estate Agents in the forum Help Needed! 15 years, 2 months ago
Hi SNM
Looking for sales reps, not paying upfront also have oppurtunity for more bonuses if sell more house in a month.
We currently have buyers agents but need a few people to work from the other side
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