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Viewing 8 posts - 1 through 8 (of 8 total)
  • Profile photo of Paul_3Paul_3
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    @paul_3
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    Post Count: 8
    March 14, 2003 - 7:05 am

    Hello Quasimodo,

    Yes this is true,to comply with UCCC you must supply to the wrapee a statement every six month.

    I hope this helps
    Paul

    Paul
    “You can change your tomorrow,if you seek your dream today.

    Profile photo of Paul_3Paul_3
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    @paul_3
    Join Date: 2002
    Post Count: 8
    January 17, 2003 - 4:38 am

    Hi Dottie,

    Just a couple of other things to look at as well is:

    1) What do you want to achieve from property investing(financial freedom,income)

    2) How soon do you want to get to your goal??what is your goal???

    3)Set out 1,3,6,12 month goals

    4)What time type of property investing would you like to do??(buy & hold,wraps,flips,buy-renov-sell)

    Hope this helps
    Paul

    Paul
    “You can change your tomorrow,if you seek your dream today.

    Profile photo of Paul_3Paul_3
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    @paul_3
    Join Date: 2002
    Post Count: 8
    January 10, 2003 - 7:58 am

    Nathan,

    1) “Vacancies” when you have a property and you rent it out most of the time it is a 6 or 12 month lease.
    At the end of the 6 or 12 month if those people decide to move out for some reason the property become’s Vacate.
    It may take you or your property manager a couple of weeks to find a tenant,so you just have to take the vacancies(what if the property becomes vacate)into consideration when working out your cost’s for buying & holding.

    Hope that helps (not very good at putting things into words)

    Paul
    “You can change your tomorrow,if you seek your dream today.

    Profile photo of Paul_3Paul_3
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    @paul_3
    Join Date: 2002
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    January 10, 2003 - 5:51 am

    Hello Nathan,

    1)B & H stands for Buy and Hold.
    2)What % I think what Steve is talking about is what % is allowed for the management of this property,repairs and maintenance is a extra cost on top of that.
    Property Manager’s I think charge around 6 to 8% but it’s like anything can negotiate one you attain more properties.

    Paul
    “You can change your tomorrow,if you seek your dream today.

    Profile photo of Paul_3Paul_3
    Member
    @paul_3
    Join Date: 2002
    Post Count: 8
    January 8, 2003 - 9:03 am

    Hello Nathan,
    Give us a call on 0895505292

    Thanks
    Paul

    Profile photo of Paul_3Paul_3
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    @paul_3
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    December 11, 2002 - 8:18 am

    Hi Brett and Dan260,

    I am also in Perth,I am still learning wrap but would be very keen on sharing idea’s and learning more.

    Paul E

    [email protected]

    Profile photo of Paul_3Paul_3
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    @paul_3
    Join Date: 2002
    Post Count: 8
    December 11, 2002 - 2:26 am

    Hi Sooshie,

    It is just a plain Standard P & I loan.

    Thanks
    Paul

    Profile photo of Paul_3Paul_3
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    @paul_3
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    December 5, 2002 - 9:20 am

    Thanks everyone for your help on this topic,I have ordered the Wraps program from Steve and can’t wait to get it and learn.

    People have mention that there are other different strategies to find/make properties positvely geared.

    Could you let me no of the other strategies – wraps.

    I have a couple of propertys that are – geared and wish to get find out how to make/find those + geared ones.

    Paul

Viewing 8 posts - 1 through 8 (of 8 total)