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  • Profile photo of procureprocure
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    @procure
    Join Date: 2004
    Post Count: 6
    January 21, 2005 - 10:22 am

    Thanks Pk I will give that dept a call

    Profile photo of procureprocure
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    @procure
    Join Date: 2004
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    January 20, 2005 - 5:49 am

    Wayne
    I would be intersted in discussing this with you. I live in WA and I would be interested in financing the properties provided I can get a satisfactory return

    Kind regards
    David

    Profile photo of procureprocure
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    @procure
    Join Date: 2004
    Post Count: 6
    January 20, 2005 - 5:38 am

    Commonwealth Bank will lend anywhere in Australia so I would start there.

    Regards
    David

    Profile photo of procureprocure
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    @procure
    Join Date: 2004
    Post Count: 6
    January 20, 2005 - 5:28 am

    Hi Andy
    SOme banks will lend you funds and use an on completion valuation which would mean you could use any growth in the property as the deposit, which would work well if you have growth. So I would suggest rather than worry about what might be, get a valuation from a licensed valuer who should be able to give you some guidance on what the property is worth at this point in time.

    It could be benefical talking to a local finance broker.
    I work as a broker in Western Australia and I would be happy to help if you can’t find some one locally

    Kind regards
    David

    Profile photo of procureprocure
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    @procure
    Join Date: 2004
    Post Count: 6
    January 20, 2005 - 4:41 am

    Jill
    I have had this problem before and in Western Australia you need to give 60 days written notice if you want to kick them out, which I think is a good idea any way because you if it ever went to court. But maybe you can work around them and they maybe prepared to pay extra when they get a newly renovated property. Having read Steve book recently I agree with him that tenants are our customers and they need to be treated as such. If they are bad customers make sure you have yourselve covered.
    Regards
    David

Viewing 5 posts - 1 through 5 (of 5 total)