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  • Profile photo of Michael_CMichael_C
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    @michael_c
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    January 11, 2005 - 12:54 pm

    fraruss – Thats fantastic but I am guessing if you don’t have experience in managing/owning a business it would be quite hard to determine whether the business will be a success.

    Thanks though.

    Profile photo of Michael_CMichael_C
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    January 11, 2005 - 5:34 am

    Michael

    Hate to be the bearer of bad news.

    To be a licensed salesperson operating under someone elses Real Estate License means you act on behalf of the vendor not the buyer.

    You need to be a licensed Buyers Agent which involves being licensed through the OFT. Posted by qld007.

    To be a buyers agent I believed that the salesperson certifcate was fine to be used as a buyers agent. As long as you are under a “buyers agency – license”. As these are how many operators work within Brisbane – I could be mistaken though.

    Thanks for the update.

    I am guessing it would be alot easier though if you got your full license.

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    January 11, 2005 - 5:30 am

    ahhhhhhhhh. That how it works. Alright thank you for the response.

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    January 11, 2005 - 5:24 am

    Who would you suggest for insurance broking?

    Thank you

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    January 3, 2005 - 1:09 pm

    To be a buyers agent you simply need a saleperson certificate in queensland i thought. Obviously, you need to work under a license though of a company.

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    January 3, 2005 - 8:30 am

    wow well i think wayne and rob were speaking french and dutch combined. I think I might need to sit around a few more discussions on options before i start a post like this again :)

    Thank you so much for your contribution I will be researching further on the topic of the sharemarket in general. Just so that way i can get a more indepth grasp of the general stockmarket before more advance topics such as options.

    Profile photo of Michael_CMichael_C
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    January 2, 2005 - 2:16 am

    Byronent, No I don’t know anyone at the council.

    How much do the development plans generally cost to get a copy of?

    Profile photo of Michael_CMichael_C
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    January 1, 2005 - 10:16 am

    So what your saying is that you can actually prepay your interest on your other IP loans it will in turn decrease your income tax bracket? or CG tax level? Does this make any difference if your purchasing it through a business or personal?

    Profile photo of Michael_CMichael_C
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    January 1, 2005 - 10:11 am

    Obiwan, I am curious what would you suggest we do as beginners then. Simply hand around the stock market for a year or two an learn how it operates before stepping in? When you say nonleveraged I am sorry but I don’t understand what you mean.

    I have just joined myasx to learn more about the stockmarket. I am going through the courses at the moment that are free online. Should I use the watchlists for a while until I get a greater understanding of how it works?

    Then once I have established a higher understanding of the stockmarket should I then attempt options?

    Thank you

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    January 1, 2005 - 10:01 am

    The properties around are all 40 acres. You are the first in the area to go for a rezoning application. you are approximately 1km from the CBD of the town. How do you find out what the future plans are?

    Profile photo of Michael_CMichael_C
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    January 1, 2005 - 9:58 am

    when you say pull the loan, can you please explain what you mean for me please.

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    January 1, 2005 - 9:52 am

    Thank you I will be looking at this information tonight.

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    December 31, 2004 - 8:32 am

    Are there any penalties from the lenders for not disclosing then terryw?

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    December 31, 2004 - 8:14 am

    I just had the idea that wouldn’t it be a better investment over the long term to have the money from my employer being paid into an account that is not going to be based on the ups and downs of the share market. I would have just preferred that the superannuation being placed in property.

    Thank you everyone for clarifying superfunds a bit more for me.

    Michael collins

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    December 31, 2004 - 7:42 am

    Obiwan so what your basically saying is make sure that you have plenty of capital behind you before entering into the options arena otherwise you will get burnt?

    Just a quick question how often do the stock exchange programs run for?

    Profile photo of Michael_CMichael_C
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    December 31, 2004 - 7:38 am

    Terry can you please explain what you mean with regard to your comment as I am sorry but I do not follow.

    Thank you

    Michael collins

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    December 31, 2004 - 4:04 am

    I was referring to shares but I am happy to hear about any books regarding options for property as I havent found any of them yet.

    Thank you

    Michael collins

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    December 30, 2004 - 12:25 pm

    it would also be fantastic if someone could explain how concept of borrowing 50,000 from the vendor on 5 years finance could help with increasing the cash on cash return.

    Thank you

    Michael collins

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    December 30, 2004 - 11:05 am

    Thank you for that it is greatly appreciated as I was becoming confused when this idea was raised.

    Michael collins

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    December 28, 2004 - 2:01 pm

    I completed the course and went into real estate for the past two years. I recently left the industry only a month ago and found that working in real estate and studying real estate were two completely different concepts. I will admitt though that I learnt a great deal about the industry itself and what some of the loop holes are for purchasing properties.

    The problem with actually working in real estate is that unless you a very disciplined agent it is hard to allocate time for investing. This is why I am now working a 9-5 job that pays less but I have time to purchase properties and look into more deals after hours.

    In queensland the course is around 500 – 600 dollars if i remember correctly and I learnt quite a bit from the course from a legal perspective.

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