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The guy whos will be the head of agents rang me today. So things are happening.
My C.V. is pretty impressive. I have been in finance for 20 years and have held many Management & Senior Management Roles over that time and I’ve worked for some of the biggest lenders in the country and won many sales and service awards.
Financial Wellbeing Coach
W: http://www.pfsfinance.com.au
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E:[email protected]Development Finance Specialist
You sound like my hubby, he only needs around 4 hours.
I haven’t got my kids at the moment so I’m making the most of it as I can sleep in, in the mornings. The kids are back on friday so it’s back to the 6 am starts and I’m really not a morning person
Financial Wellbeing Coach
W: http://www.pfsfinance.com.au
E:[email protected]
E:[email protected]Development Finance Specialist
I’ve seen enough aired views to last a lifetime.!!!!!!!
Rob- Are you a night owl like me?
Financial Wellbeing Coach
W: http://www.pfsfinance.com.au
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E:[email protected]Development Finance Specialist
Classic properties are affilliated with Classic Holidays the time share mob.
Went to one of their seminars the other week to check them out. It was pretty much the same old marketing spiel.
Financial Wellbeing Coach
W: http://www.pfsfinance.com.au
E:[email protected]
E:[email protected]Development Finance Specialist
He has trouble getting on the computer because I’m always on it.
I have talked him in to joining us here.
So watch out for him. Haven’t thought of a name yet.
Financial Wellbeing Coach
W: http://www.pfsfinance.com.au
E:[email protected]
E:[email protected]Development Finance Specialist
Studios are a nightmare to find finance for.
Financial Wellbeing Coach
W: http://www.pfsfinance.com.au
E:[email protected]
E:[email protected]Development Finance Specialist
I thought you must of needed a lo doc loan.
If you want to email me with the details, I know a few lenders that will do it.
Kerri
Financial Wellbeing Coach
W: http://www.pfsfinance.com.au
E:[email protected]
E:[email protected]Development Finance Specialist
My Husband is a Fully Licensed Real Estate Agent in Qld and works as a buyers agent on the Gold Coast. He has been in the Real Estate Industry here for 20 years and knows the market better then anyone. He is also a Licensed Builder and has also put together major development sites.
So if any one wants any help, he is available.
Financial Wellbeing Coach
W: http://www.pfsfinance.com.au
E:[email protected]
E:[email protected]Development Finance Specialist
I think she has done alright there.
I’ve worked out what building you are talking about and it is in a pretty good spot.
The thing about QLD is the stamp duty is a bit cheaper then most of the other states.
I was reading the other day that the Gold Coast Airport has had another record year and I know over the christmas period you couldn’t get accomadation anywhere.
Financial Wellbeing Coach
W: http://www.pfsfinance.com.au
E:[email protected]
E:[email protected]Development Finance Specialist
I am a big believer in having a balanced property portfolio. At the moment I have 3 neg geared properties and I have subsidised the loss from them by purchasing + geared properties. Now when purchasing – geared IPs I then purchase a + geared
IP, so I’m not out of pocket.If I was in your shoes I wouldn’t be selling any of your properties if you can afford the repayments.
Financial Wellbeing Coach
W: http://www.pfsfinance.com.au
E:[email protected]
E:[email protected]Development Finance Specialist
Don’t know the building but it’s in a pretty good spot.
How much did your friend pay for it and what rent is expected to pay?
A lot of the apartments in the new/newer buildings ar quite expensive and aren’t really getting that good a return. You can still pick up older type apartments in some of the resorts for pretty good money and the returns are pretty good.
Financial Wellbeing Coach
W: http://www.pfsfinance.com.au
E:[email protected]
E:[email protected]Development Finance Specialist
As this will be you first property if you purchase a place to live in you will be entitled to First Homes Owners Grant of $7,000-.
If you are a first home buyer in Qld and the property is to be owner occupied you will not have to pay stamp duty.
For a $147,000- property investment in QLd you stamp duty would be around $3,900.
Do you have stable employment history?
Also if you sign any Real Estate Contract always put “A Subject to Finance ” clause to safeguard yourself.
Financial Wellbeing Coach
W: http://www.pfsfinance.com.au
E:[email protected]
E:[email protected]Development Finance Specialist
Did your friend purchase a new or established property?
Was it a high rise or a low rise?
Whereabouts is the property?
I was in Surfers this morning, talking to a lot of the agents etc. Most of them say they’re pretty busy, but we’ve just gone through the peak period.
Market is pretty stable up here at the moment, but there are a lot of highrises being built at the moment and heaps yet to be started.
The biggest problem up here is the infostructure (roads etc hardly coping now).
Financial Wellbeing Coach
W: http://www.pfsfinance.com.au
E:[email protected]
E:[email protected]Development Finance Specialist
For you not to have to pay LMI the lender will lend on 80% of valuation.
I have noticed in the last couple of months that vals have been coming in quite short. So don’t be surprised if it comes in a bit less than what you think.
Financial Wellbeing Coach
W: http://www.pfsfinance.com.au
E:[email protected]
E:[email protected]Development Finance Specialist
If it was me, I’d be paying a registered valuer and have a proper valuation done on the property. This would then give you a ballpark to go on instead of relying on appraisals from RE agents. You can then make your decision from there whether you keep it or sell.
Financial Wellbeing Coach
W: http://www.pfsfinance.com.au
E:[email protected]
E:[email protected]Development Finance Specialist
I’ll be withdrawing also if I get accredited and then the hubby will be stuck with it all. lol
Financial Wellbeing Coach
W: http://www.pfsfinance.com.au
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E:[email protected]Development Finance Specialist
Typical.
I know heaps of people that worked for a property marketer and it was the same old story. You leave you don’t get paid. My Hubby is owed $110k by these people, but I don’t think we’ll ever see it.
Anyway, how’s business going? We are a bit quiet in the residential but development finance is booming.
Financial Wellbeing Coach
W: http://www.pfsfinance.com.au
E:[email protected]
E:[email protected]Development Finance Specialist
I couldn’t believe it a few years ago, when I decided to go back in workforce after having kids, I went for an interview with Aussie through an employment agency and couldn’t believe the crap they put you through and then they make you pay to work for them. What cheek.
Financial Wellbeing Coach
W: http://www.pfsfinance.com.au
E:[email protected]
E:[email protected]Development Finance Specialist
I know what you mean Rob. I share a house with an ex regional manager for Aussie and I’ve heard all about them
Financial Wellbeing Coach
W: http://www.pfsfinance.com.au
E:[email protected]
E:[email protected]Development Finance Specialist
Hi Shane
Wherabouts is Salisbury? I’m on the Gold Coast and wouldn’t have a clue where it is. I am very interested.
Kerri
Financial Wellbeing Coach
W: http://www.pfsfinance.com.au
E:[email protected]
E:[email protected]Development Finance Specialist
