Forum Replies Created
Positive, do you really believe that everyone in this forum is so stupid that they need you to quote every message you reply to and write one line responses? Why don’t you spare us all and try just answering a post without quoting. It would make everything a lot easier to read.
Robert Bou-Hamdan
Mortgage Adviser
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Comments made are of a general nature and should not be construed as individual advice.
© 2004 Mortgage Packaging Pty LtdBut how do you graph consumer sentiment? What about recent occurrences such as a disaster? Surely your 10s of thousands of dollar graph programs account for all these variables????
Maybe you just ask someone!
Robert Bou-Hamdan
Mortgage Adviser
http://www.mortgagepackaging.com.auFREE Finance-Related Newsletter – Click Here
Comments made are of a general nature and should not be construed as individual advice.
© 2004 Mortgage Packaging Pty LtdWow Positive, you even speak for Jet as well!!!
Anyway, I think you should get over BigCharts. I do not subscribe or pay for their product. As I said in my initial post about it, I look at that chart for all of abou 3 seconds to see if the chart and volumes traded fit in with what I would like to do as part of my overall decision process. I am not stupid enough to make decisions based solely on charts.
Again I have to say, out of everything I have written, you have only been able to come up with a misinterpreted comment about BigCharts. If you want some ammo, just ask me. It is getting old.
Robert Bou-Hamdan
Mortgage Adviser
http://www.mortgagepackaging.com.auFREE Finance-Related Newsletter – Click Here
Comments made are of a general nature and should not be construed as individual advice.
© 2004 Mortgage Packaging Pty LtdYou will not get out of the Stamp Duty. This applies any time there is a change of name on title. And it does not have to be an even trade. You just make it look like a normal sale.
Robert Bou-Hamdan
Mortgage Adviser
http://www.mortgagepackaging.com.auFREE Finance-Related Newsletter – Click Here
Comments made are of a general nature and should not be construed as individual advice.
© 2004 Mortgage Packaging Pty LtdPositive, is there a graph for that?
Robert Bou-Hamdan
Mortgage Adviser
http://www.mortgagepackaging.com.auFREE Finance-Related Newsletter – Click Here
Comments made are of a general nature and should not be construed as individual advice.
© 2004 Mortgage Packaging Pty LtdYou just write the contracts up with the property prices allowing for the trade price. In other words, the vendor / buyer pays you 220k and you pay them 220k + 130k. Obviously, the 220k never actually changes hands. Title jus passes on the day of settlement.
Robert Bou-Hamdan
Mortgage Adviser
http://www.mortgagepackaging.com.auFREE Finance-Related Newsletter – Click Here
Comments made are of a general nature and should not be construed as individual advice.
© 2004 Mortgage Packaging Pty LtdI would probably do it but not let them know that I own the place. Leave it all with the Property Manager.
Robert Bou-Hamdan
Mortgage Adviser
http://www.mortgagepackaging.com.auFREE Finance-Related Newsletter – Click Here
Comments made are of a general nature and should not be construed as individual advice.
© 2004 Mortgage Packaging Pty LtdCaravan Parks are apparently great earners in good spots and don’t require much development and only a relatively small parcel of land. Maybe this might be a good solution. If you don’t want the headaches, let someone else set it up and pay you annual lease fees.
Robert Bou-Hamdan
Mortgage Adviser
http://www.mortgagepackaging.com.auFREE Finance-Related Newsletter – Click Here
Comments made are of a general nature and should not be construed as individual advice.
© 2004 Mortgage Packaging Pty LtdI would focus on the rental returns in the area as Jo has outlined and, more specifically, vacancy rates. As far as I am concerned, this property is not returning anything as it is not rented.
How long has it been vacant?
Why is it vacant?
How long will it be vacant?
These are the most important questions to me.
Robert Bou-Hamdan
Mortgage Adviser
http://www.mortgagepackaging.com.auFREE Finance-Related Newsletter – Click Here
Comments made are of a general nature and should not be construed as individual advice.
© 2004 Mortgage Packaging Pty LtdHow has it all been paid for until now?
I thought it would be zoned rural or rural residential. When you put it that way, I guess making some money out of it would be wise.
Robert Bou-Hamdan
Mortgage Adviser
http://www.mortgagepackaging.com.auFREE Finance-Related Newsletter – Click Here
Comments made are of a general nature and should not be construed as individual advice.
© 2004 Mortgage Packaging Pty LtdYou are still eligible. Don’t stress. Just get your application in.
Robert Bou-Hamdan
Mortgage Adviser
http://www.mortgagepackaging.com.auFREE Finance-Related Newsletter – Click Here
Comments made are of a general nature and should not be construed as individual advice.
© 2004 Mortgage Packaging Pty LtdNo offence intended, but if I was your father, I would structure a will so that the property will have to remain in tact as he has made clear or those supposed to inherit it lose the lot. Just because you have property, does not mean it has to be used to earn income. Put it in a trust and call it the ‘Family Estate’. Keep it as is for future generations of your family members to enjoy. I would love to have a site like this that could never be changed until the end of time!
Robert Bou-Hamdan
Mortgage Adviser
http://www.mortgagepackaging.com.auFREE Finance-Related Newsletter – Click Here
Comments made are of a general nature and should not be construed as individual advice.
© 2004 Mortgage Packaging Pty LtdJet, I should have realised why I have not received an invite. If I knew it involved the Share Trading crew, I would never have wanted to attend. My idea of successful investing does not involve spending tens of thousands of dollars on software to try and find succesful investments.
It is interesting that you talk about it as if it is ‘YOUR’ group and in another post you wrote that you have not done property research for 7 months. I guess the Sydney Investing Group has not done anything regarding property in 7 months then. In that case, it is of no use to me.
Things have changed in recent days and it looks like I will be too busy to attend groups such as ‘YOURS’ anyway.
I wish you and ‘YOUR’ group all the best and hope you do at least some property research in the very near future before investing in property. A little tip – it is a buyers market at the moment and your lack of property reasearch is resulting in you missing out on a LOT of opportunities.
Robert Bou-Hamdan
Mortgage Adviser
http://www.mortgagepackaging.com.auFREE Finance-Related Newsletter – Click Here
Comments made are of a general nature and should not be construed as individual advice.
© 2004 Mortgage Packaging Pty LtdRed, have you ever thought of asking a developer to partner with you and allow them to develop all the land for a share of the profits, etc. You could ask for a few of the properties along the waterfront with the best views and a cut of all the other sales. This would cost you nothing as they are being offered a gift!
Robert Bou-Hamdan
Mortgage Adviser
http://www.mortgagepackaging.com.auFREE Finance-Related Newsletter – Click Here
Comments made are of a general nature and should not be construed as individual advice.
© 2004 Mortgage Packaging Pty LtdI don’t dispute it TPT.
Robert Bou-Hamdan
Mortgage Adviser
http://www.mortgagepackaging.com.auFREE Finance-Related Newsletter – Click Here
Comments made are of a general nature and should not be construed as individual advice.
© 2004 Mortgage Packaging Pty LtdAnd that is what differentiates you and I. I actually like to help people rather than dangle a bone in front of them. I never suggested you had to prove anything to me as I don’t know you and you don’t know me. I was just making a point, as you were with your examples.
If you have found the secret formula, good on you and I wish you all the best. as far as I am concerned, it all comes down to good negotiation skills to do these types of deals.
Robert Bou-Hamdan
Mortgage Adviser
http://www.mortgagepackaging.com.auFREE Finance-Related Newsletter – Click Here
Comments made are of a general nature and should not be construed as individual advice.
© 2004 Mortgage Packaging Pty LtdUmmmmmm…. GERALDTON!!!!
Seriously though, I do not like to give advice as to where to buy although I would recommend people stay away from any high-density dwellings in any CBD areas including Brisbane and the Gold Coast.
My locations include Queens Park WA, Geraldton WA and Wyee Point NSW (to eventually live in). I also hold some negative geared property in Sydney Metro. I am not recommending any of these areas for anyone else though.
Robert Bou-Hamdan
Mortgage Adviser
http://www.mortgagepackaging.com.auFREE Finance-Related Newsletter – Click Here
Comments made are of a general nature and should not be construed as individual advice.
© 2004 Mortgage Packaging Pty LtdWebsite calculators are very conservative. There are also lenders out there that will lend you a lot more.
Please go to a good broker.
Robert Bou-Hamdan
Mortgage Adviser
http://www.mortgagepackaging.com.auFREE Finance-Related Newsletter – Click Here
Comments made are of a general nature and should not be construed as individual advice.
© 2004 Mortgage Packaging Pty LtdANZ may believe you asked to use the existing property. Their policy is correct with only one valuation every 6 months UNLESS you have renovated or done something else to increase property value.
ANZ has one of the highest serviceability rates in the market. What this means is they will lend you less compared to other lenders. Their products are so good because their risk is so low.
You can get your second loan from someone else as they do not all have to be with the same lender. There are quite a few good lenders out there that will help you if Suncorp said you could borrow 500k. Why go direct anyway??? You are wasting your time and not getting all the info! Use a broker!
Robert Bou-Hamdan
Mortgage Adviser
http://www.mortgagepackaging.com.auFREE Finance-Related Newsletter – Click Here
Comments made are of a general nature and should not be construed as individual advice.
© 2004 Mortgage Packaging Pty LtdTake an interest only investment loan with a 100% full offset account instead. Look in the finance section of this forum as there is a lot of information about this already.
Robert Bou-Hamdan
Mortgage Adviser
http://www.mortgagepackaging.com.auFREE Finance-Related Newsletter – Click Here
Comments made are of a general nature and should not be construed as individual advice.
© 2004 Mortgage Packaging Pty Ltd
