Matt007 replied to the topic Help With Options in the forum Help Needed! 14 years, 5 months ago
Hey mate! Good to see you Michael. Send me an email mate, got some new things I'm working with you might like. Thanks for the link too!CheersMatt.
Matt007 replied to the topic Help With Options in the forum Help Needed! 14 years, 5 months ago
Duckster – any assistance on where you can find/buy the book? sounds like an interesting read.Sean – not sure what sector or what size of deal you're looking to do, but generally speaking some things you may need to consider are:* Option Fee. Deals for a dollar are rare indeed. Most vendors these days, in this market, will be looking for an option…[Read more]
Matt007 replied to the topic Where can I find more information on major projects/infrastructure that are/will be opening up in Australia? in the forum Help Needed! 14 years, 5 months ago
depends what you're terming infrastructure – hospitals? Roads? Transport hubs? most government websites at the state level "Dept of Infrastructure" or project services will have someething there listing what's on and whats potentially coming up.
Matt007 replied to the topic Townhouse/Duplex Sites in the forum General Property 14 years, 6 months ago
I'll send you an email Marlene… thanks.
Matt007 replied to the topic New Property Sales Tax in the forum General Property 14 years, 6 months ago
No problems.. was worth a go!
Matt007 replied to the topic New Property Sales Tax in the forum General Property 14 years, 6 months ago
Got a link to any info on this one? Can't wait to get rid of Rudd and Gillard. The pair of them are just left of Chairman Mao..
Matt007 replied to the topic 3 Day Mega Conference opinion. in the forum Forum Frolic 14 years, 6 months ago
pretty well all of these 'educational' seminars have little to no educational content at all. Its pure marketing and product hype in a high pressure and emotionally charged environment to manipulate people to make rushed decisions that they ordinarily wouldn't make in 'normal' circumstances. All of the NLP, music, presentation style, lighting.. if…[Read more]
Matt007 replied to the topic Closing an option deal. in the forum Creative Investing 14 years, 7 months ago
Not saying it 'can't' be done.. but getting an option fee of $1 is not the norm. Yes some people can still do it, depends on the size of the deal. Single resi option and flip more likelyl than a 20 acre lot for subdivision.. be prepared for that. Vendors are a bit more educated these days..
Matt007 replied to the topic Closing an option deal. in the forum Creative Investing 14 years, 7 months ago
Depends on the State laws I think with Stamp Duty, but in theory, yes, the difference between the buy price and the sell price, less expenses, is yours. Check the tax implications too. Some states look at 'control' vs 'ownership' in that area.
Matt007 replied to the topic Closing an option deal. in the forum Creative Investing 14 years, 7 months ago
If they've assigned you an option over their property, and the legalities of it are intact, then you would simply sell the property in the normal manner. Using an appropriate information memorandum detailing all the relevant material and research around the property is a must. In my opinion anyway..The issue you may have is whether you've improved…[Read more]
Matt007 replied to the topic Removed by member in the forum Commercial Property 14 years, 7 months ago
Becaan – if you want to raise capital, for an IPO, Private Trust etc, there are very strict rules about doing so. Can I suggest you speak with your solicitor first and foremost, but if you need referral to capital raising groups, I am able to do so, should you wish it, and no I do not receive any commissions for doing so. Be aware that to raise…[Read more]
Matt007 replied to the topic Removed by member in the forum Commercial Property 14 years, 7 months ago
You should also be very familiar with Corporations Act s708 before advertising investments. Lest you become foul of ASIC.
Matt007 replied to the topic DA approval to subdivide in the forum Help Needed! 14 years, 7 months ago
No problems. I should add to that that prior to actually constructing, they'd then need to get a "BA" which is a Building Approval to ensure that any construction meets with the Council's intent for the area. Eg: if its 'character' it has to be built in a certain style etc. This would involve having a builder submit plans to council for approval,…[Read more]
Matt007 replied to the topic DA approval to subdivide in the forum Help Needed! 14 years, 7 months ago
NitDA approval to subdivide literally means "Development Approval (sic) approval to subdivide". This means someone has already gone to Council, had the land surveyed, had a surveyor draw up plans, submitted them to Council and Council has stamped the plans for approval for the subdivision to occur. That means someone who wants to subdivide the…[Read more]
Matt007 replied to the topic Seminar – Mark Rolton in the forum Creative Investing 14 years, 7 months ago
Well spoken Danielle. I'd love to speak with you further offline if you're willing, not about Mark per se, just about business in general. If you're open and willing, PM me and I can provide some contact details.Best regards,Matt.
Matt007 replied to the topic Seminar – Mark Rolton in the forum Creative Investing 14 years, 7 months ago
Good luck trying to get him directly.. he tends to avoid speaking to 'students' if he can unless he has to or he wants something from them. Thats how he was when I was involved with Massland. I got some kid who'd never done a deal in his life trying to 'mentor' me. I daresay that's still the case.. but who can say for sure.I"ve been contacted by a…[Read more]
Matt007 replied to the topic help with finance for possible developments in the forum Finance 14 years, 7 months ago
In the current lending market established builders and developers with long histories of successful projects have enough trouble getting reasonable terms out of lenders..I think the comment about doing the DA / BA and onselling might be the only way you can do it.. you could work in keeping your PPOR as part of the contract.. That said, keep…[Read more]
Matt007 replied to the topic Looking for Plans for 4 townhouses for a 1012 block in the forum Help Needed! 14 years, 8 months ago
There's no cookie-cutter approach to site design. Each site is different depending on the cadasatral map/site specs/zoning/local council etc. You need to speak to an architect/designer. I can put you in touch with one in Brisbane who is excellent and does this type of thing regularly. PM if you'd like his details.
Matt007 replied to the topic Investors Groups in the forum General Property 14 years, 8 months ago
Thanks Tony.Keep 'em comin people!
Matt007 replied to the topic NRAS ATO ruling 2009/146 in the forum General Property 14 years, 8 months ago
National Rental Affordability Scheme. Google it and you'll find both State and Federal Govt websites. Theres a LOT of reading..I'm still trying to work out how to register as a NRAS builder/developer/provider….
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