how did you go with CWB?

Hello Matt
this has been asked twice before – if you go to the search function (up on the left)and put in your title you will see them. Apart from Steve Mc’s answer there is not much info there though. It would be good to hear from someone who has had dealings with them.I guess that could be good or bad – happy and not looked any further or sad…[Read more]

Hi Steve,
I for one dont bother reading the negative posts -there isn’t enought time to read all the good information here. This forum is so helpful to so many it is a shame others feel the need to explain their problems to such a degree. If you cant make something work, move on and find something that does.
Well done for this forum and your…[Read more]

Thank you Stuart, very generous. (yes I’ll get onto that fax you need[])
Lynne

I am no expert but I’ll give it a try, firstly, your numbers dont add up. A wrap contract is similar to a bank mortgage. the outstanding amount is x by the interest rate (which is usually 2-3% above standard rates) which would be a lot more than $308/week Also, regarding deposits it depends on what the Wrapper wants, and the title is transferred…[Read more]

Richmond, I totally agree – but – what can they do. wont a person just re-join in another name? what a total jerk. some people obviously dont like others enjoying life. should probably just not read anything with that name on it.

Hi Felicity,
would you mind giving me a little detail regarding these meetngs; who goes, what they are about? Swinburn isnt very convenient but i am interested so any more info would be great.
thanks. Lynne

hello, not wanting to be too synical, but does this mean that no-one in Syd knows of a good electrician?They will know of a aircond person. Maybe you could narow down the area? i know of a great one in Melbourne (who goes to all suburbs) – but i’m sure you aren’t interested in the flight costs! Good luck. Lynne

maybe people dont look in the ‘tell us what you think’ forum enough? i wish i lived in sydney! cashflow game would be good.

if you can build and make such a profit it sounds worth it. could you rent your house out and rent another cheaper one to live in? – just whilst building – and then sell one to pay off the other?
good luck.

Hello All
we own most of our PPOR and (seems like ages ago) signed up for a -gear prop [!] if i knew then what i know now. anyway now we want to get into wraps & are talking with a few potentials (people who recently moved to Aus) I like the idea of win/win with wraps. So trying to get on our way. Slum lord – WOW! you are obviously a go getter.…[Read more]

I am running from citibanks LOC. what about the shocking interest rate? are citibank offering you a spotters fee?

Absolutely! it is essential reading. Great to read everyones advice. very addictive. [][]

Hi there. Heatherton is no where near the ocean. about 30KM.it is an outer suburb. i looked up realestate.com.au and was surprised to see the costs for both rental and sales in that area. i guess it must be ok nowadays. (traditionally a bit daggy) good luck.[][]
Lynne

Hi Minimogul,
great topic. very funny secret post.
And to Michael, what a great system you have worked out thank you very much for sharing it.
We were recently looking at a house and had spoken a few times with the agent and after a couple of weeks the agent called us and said they have had an offer of 450K but if you offer 450K and let them rent…[Read more]

Matt I think it is a great idea. After checking all the good suggestion here. Are any of the flats owner/occupied? The minutes would be a great source of info and after you buy you have 3/4 control over the body corp.decisions in the future.
Good luck. let us know how you get on.
Lynne

Thank you Ish.ita
that was a great summary. It does point out that I need to do a lot more research about trusts. But have a better understanding now.
Lynne

ok. this maybe my only expertise but, Justin, if you look at the left hand side headed “Forum Boards” at the bottom of the list is “search” it is a great funciton & works really well. try it out. Lynne

Have you read the vendor finance/wraps forum topics. there are many similar queries/answers. do a search and see what you come up with.there is one called chicken or the egg. good luck. Lynne

Hi Kellieanne, try looking at ‘land opportunity’ in the forum. it might answer your questions.
rgds Lynne