Nice one crusty. That’s what I’m talking about!

As a general rule I won’t cut out the real estate agent because I find it’s always good to have them on side to refer you more deals as they come across it. However I don’t mind getting a REA to miss out on commission / work especially when he is not doing his job and failing the vendors interest.

Qlds007 wrote:
Oh well i guess another poster who will get to 3 posts and then disppear back under ther rock they crawled from without contributing anything to the general property community who post here. 

KeyStrategies wrote:

TC62 wrote:
Gee Property Investor1, if I didn't know any better i'd think you were PennyBaker's brother. Again, p…[Read more]

Hi bell,

agree with all other posters. get an options solicitor to do this. Ive heard of nasty mistakes of people drawing uo their own agrreements, copying and pasting from others that are not relevant to their deal and even doing agreements on napkins (crazy!). Sounds like you’re wanting a call option with a right to occupy and on sell to third…[Read more]

Hey fellow posters.

I’ve been in property development before and since my last post here have been in contact with Luke Gilford Workshops to see what else I could learn. I strongly believe in constantly being open to learning new things and never being comfortable just sitting on your laurels.

Fair enough he’s quite a straight forward guy and…[Read more]

Hey Chris,

What an anti climax! Though I am glad you were able to get stuff off your chest and I’m sure you’ve gotten something from the postings here for next time you meet an unhelpful REA. Unfortunately, in my experience I have come across way more than I would like!

On another note, the vendors may simply be playing the negotiation game.…[Read more]

Hey Matt,

You’re doing really well! You own your own business and also have 3 IP is a feat when most people at your age are still in denial that they’ve left their university/teenage years behind!

Definitely DO NOT cross collateralise your mortgages….. Even though bank managers and even some seminars will tell you that’s it’s good and saves…[Read more]

Hey Chris,this is very unfortunate however even more so unfortunate is it happens more often than it should!
In my experience, given you have taken lengths to speak to the agent, his colleague and the principal, what I would do next is go to the vendor directly.
If I was a vendor selling my property through an agent or agency, I would want to know…[Read more]

Haha he must have a brilliant accountant and solicitor to have him set up this way deliberately! Good on him.

Shewolf, just because you haven’t been able to find anything on ASIC doesn’t mean someone is or is not a property developer. One has got nothing to do with the other. I am involved in property development myself and I deliberately have…[Read more]