Hi Simon

Yes we want to settle on the land first so we are looking at obtaining finance for the whole package, to build in around 3 months time.

Are lo docs the only option, don`t they have higher interest rates and restrictions,disadvantages?

I will be signing a contract for the land this week, including a 3 week finance clause so will have to…[Read more]

For anyone interested the show was on tv here in England last week. The website is itv.com/iwantthathouse

If you have any questions email me: powderfingers
at hotmail.com

I think it certainly exposed the area further to the world!
It featured properties in Bargara,Innes Park and Sharon around the $300k mark.

Cheers
Clinton

Hi,
It`s in Qld, on the coral coast, be very careful
apparently there has been a lot of this going on in recent times.Very dodgy people!!!

Hi
I am in England at the moment so I will let you
know if i see the show. We are over here for a year
after being in Bargara and Bundy for a year.

I agree, it is underrated and is on the way up. We sold our property there before we left as it went up 80% in 4 months.

We are planning to return to the area after our stint here and buy or build…[Read more]

Mel

Thank-you for your post. I agree that you have to be certain you can pull some equity out of the property to pay out the tenant, my property that I have in mind for it is at about 70% LVR and increasing rapidly, so I’m confidant.

Have you done this sort of deal before? If so, where would you suggest advertising for this type of deal?

Geronimo

My tips: Pete and Rebekah, yours?

Hi Steph and Cremin
We have the same motivations as you guys, what`s it like in London?
My wife is a teacher and we are thinking about going to England next year. She is applying for positions in the Cambridge area. What are the kids like there, she is sick of them here!

Cheers
Clinton and Julie,Queensland

For those who emailed me yesterday, could you email me again, I accidently deleted your emails and couldn`t retrieve them.

Thanks

Thanks Mel!

We`ll be there for the property side of it.

Cheers
Clinton

Thanks to everyone for your thoughts, everyone is entitled to their opinions.

To Peter,
Thanks for the advice, I`ve taken it all on board and will be visiting a solicitor shortly.

Sooshie, I understand your point of view and fully agree.

I see no reason why there can`t be both available on this site.Ie. People passing on deals for free and people passing them on for a fee.
After all if they`ve done the hard work, why not?

The buyer still does their own due diligence to decide whether it`s a good deal or not before they buy and pay a spotter`s fee.

[b]From 0 to 130…[Read more]

Sports Journalist, I love my job!
But not enough money yet, my wife earns most of our income. Thats ok, because I spend my time writing, learning, and looking for property and opportunities!
Clinton,Qld

Yes you both made good points Kaydee and Harold.
I agree with you Kaydee, there will eventually be some bargains to be found, from the over spending going on.
Harold, you`re exactly right, our house was cheap so the agent obviously convinced the vendor to sell at that price for an easy commission.

You`re a funny man

Hey Shane,

I think you`d have more fun in one of telstra big pond`s chat rooms.

lol

Where have you been looking Sue?

Yes, it`s very hard to find them but they are there, apparently!

Calron,

I emailed you to answer your questions.
Regards,
Clint

You`ve got the right idea Arty!

That`s what weekends are for. It`s good reading,you`ll enjoy it.

Kirby319, to answer your questions.

1.I am looking at the Wide Bay to North Queensland areas but will look elsewhere if required.

2.The spotter`s fee will be proportional to the price of the property, I will have a definite figure shortly.

3.I think it`s fair if the fee is only payable upon purchase of the property so that it`s a win,win…[Read more]

Quote:
Powderfinger,

We can now call you a “Buyers Agent” can’t we.

MJK

MJK

Not really.

I will be merely selling the details of a good deal, in my spare time, and probably at the fraction of the cost of a professional “buyers agent”.