Hi kredden

Not sure what State you are in or what you are trying to ultimely achieve. We use a combination of put / call contracts for developments sites as well as a call contract with our standard License to Occupy Contract for wrapping. Send me an email with some details and I would be happy to point you in the right direction.

Cheers Richard
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There is no such thing as a problem.
Just a solution waiting to be found

Hi vluu

I agree with Terry on this one. If you are considering investing in property as a full time business apply for an ABN now. I have several clients who were income poor although asset rich before they started in investing in positive cash flow properties and wrapping.

Cheers Richard
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Just a solution waiting to be found

Des & Sue

Don’t let the word Flood put you off. In Brisbane the 74 flood was the catalist for mitigation work around the city and now most areas are below the Q100. Of course there are exceptions especially in the Rocklea and Salisbury areas. In Rockhampton it has been 11 years since the last major flood in the Fitzroy river and the general market is more accepting of property in flood areas. Still always better safe than sorry for the cost of a flood search.

Cheers Richard
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Just a solution waiting to be found

Hi VPA

We have wrapped over 20 properties in Rockhampton and now have a full time agent in the town working for us. Gracemere has a post code of 4702 and can be a problem with certain financiers or rather their MI’s.
There are better areas which meet the 11 second rule however depends if you are buying to wrap or buying to hold & keep.

Cheers Richard
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There is no such thing as a problem.
Just a solution waiting to be found

Hi Skalle

Welcome to the forum.
It all depends on what you are after. If you are after capital gain or positive cash flow.
Having lived in Brissie now for 10 years I guess I have seen both and been lucky enough to have purchased IP’s for capital growth when I first arrived and now only buy +cashflow wrapped properties. Only problem is you might have to look further a field than Brisbane. Email us if you want some details.

Cheers Richard
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There is no such thing as a problem.
Just a solution waiting to be found

Shezian

I have to say I agree with Calron. As long as your tenant / licensee can demonstrate through their income that they can service your rent or Licence fee payments why not take unemployment income or other Government assistance into consideration. The maximum rent allowance paid by Centrelink is just under $125 / fortnight which can be assigned to you direct. On the basis that your rent or the license payments are greater than this figure the shortfall can also be paid to you directly once you registered with Centrelink.

Who is to say that someone receiving a PAYG wage or salary is going to make their payments ontime. Just check you applicants references and don’t prejudice any potential client.

I have many Wrapped and License to Occupy properties that have purchasers who are in receipt of a Government Assistance and they cause us the least problems.[]

Cheers Richard
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There is no such thing as a problem.
Just a solution waiting to be found

Hi gargar

Not sure what State you are looking in but certainly Qld is still blessed with 101 positive cash flow properties. We certainly find that most agents don’t get chance to list the best buys as they go quickly. Lets us now if you need help and consider interstate.

Cheers Richard
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There is no such thing as a problem.
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Dear Lynchy

Dont dispare. Sounds to me like you have started up with a good asset base and some sound income generating properties.If you need to be pointed in the right direction for a positive cash flow property we would be happy to assist.
I can assure you I have many client’s who would love to be in your position. Always happy to give you a general overview.

Cheers Richard
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There is no such thing as a problem.
Just a solution waiting to be found

Hi Richmond

Firstly congrats on the new position. We don’t get Melbourne news in Brissie but well done anyway.

I guess it all depends on what your expectations are and your general standard of living. I know my wife couldn’t survive if i only earn’t $100,000 pa (keep that quiet she might be reading this under her alias Ms Moneypenny) but personally I could live happily ever after. Cost of living in the major capital cities can often be higher than in regional townships but in turn people in smaller areas can be more content. Money doesnt buy you happiness but if sure can go along way to help.

Hope you enjoy the new job.

Cheers Richard
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G’day rdadrday from a fellow Pom

Firstly $133 GBP (sorry my keyoard doesnt have the Pounds sign) seems very cheap. I still have a few properties in Bournemouth and the area is almost equivialent to London prices. If you havent been here yet i would personally settle in, find you feet and then decide. I have come across many a fellow Pom who came here on a 1-way ticket and then purchased another to go back. I have been in Oz for 11 years and would never go back other than for holiday but i am in Qld.

Cheers Richard
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There is no such thing as a problem.
Just a solution waiting to be found