Lockymac replied to the topic Rental property management fees in the forum General Property 15 years, 3 months ago
In WA the fees are usually 9-10% So not far of ACT either
Lockymac replied to the topic First Home Buyer in the forum Help Needed! 15 years, 3 months ago
If your a first home buyer and you purchase the property in a trust set up im not sure your eligible for the FOG though?
Lockymac replied to the topic Duplex Builders Recommendation in the forum Creative Investing 15 years, 3 months ago
You may already have plans drawn up already by a town planner. When a block is subdivided sometimes the town planner has to draw up designs to prove to the council that a dwelling will fit on the property. This depends on the size of the block to be subdivided. Just a thought that may be worth looking into.
Cheers
Lockymac replied to the topic Does this sound sus to you? in the forum General Property 15 years, 3 months ago
Im down with the quacking duck theory
Lockymac replied to the topic Does this sound sus to you? in the forum General Property 15 years, 3 months ago
Im down with the quacking duck theory
Lockymac replied to the topic First time Building A Home in the forum General Property 15 years, 3 months ago
Hey Cheyne,
230K sounds like a very nice house indeed. I cant comment on Fairhaven however i dealt with a company called Stroba group (www.strobagroup.com) and they subdivided my block and now were going ahead with building on it. What they do is tender out the building process to get the best possible building price, it might be worth having a…[Read more]
Lockymac replied to the topic What is the role of property management Company in the forum Commercial Property 15 years, 3 months ago
All i would say is interview the agent just like you would someone who is coming to work for you. The amount of horror stories I heard in Real Estate about property management and tenants would turn your stomach. Make sure that they are completing their property condition reports (PCR) on time and you get told how it went straight away.
Also most…[Read more]
Lockymac replied to the topic real estate agent/ agent representative income in the forum Heads Up! 15 years, 3 months ago
Sounds like you should move to western australia:)
Lockymac replied to the topic real estate agent/ agent representative income in the forum Heads Up! 15 years, 3 months ago
Hi Calvinci,
I recently left a real estate position in Western Australia so my numbers may not be applicable to you. But I was in for two years and started on a five hundred dollar a week retainer that was paid back through my commissions. My split went like this eg
Property 400k
Commission 3.5% 14,000
GST 10%= 12727.72727
Of that if i listed…[Read more]Lockymac replied to the topic subdividing back block in the forum Creative Investing 15 years, 4 months ago
Hey you should look into Stroba Group. (www.strobagroup.com) and look at there property side. Im currently working with them to get the subdivide my block in armadale (WA). They are australia wide and gaurantee the best building price for any set of house plans meaning that you may be able to get a bit more euity in the deal. Worked in my case.
Cheers
Lockymac replied to the topic Building Companies in the forum Creative Investing 15 years, 4 months ago
Had a look at your website. Subdivide and build on my vacant investment block in Armadale whats is the best way to contact you at Stroba Group?
Cheers
Lockymac replied to the topic NRAS Investments in the forum Help Needed! 15 years, 4 months ago
I was looking at the NRAS properties in Western Australia. Got on to a mob called Stroba Group, had a bit of info on the website but most of what I learnt I got from emailing the Clinton bloke (details on site).
Hope it helps
Lockymac replied to the topic Building Companies in the forum Creative Investing 15 years, 4 months ago
Im a bit confused as to what you do? Is it like a mortage broker for building? If so what kind of services do you provide?
Cheers