simpst04 replied to the topic flipping or onselling in the forum No Subject 19 years ago
Pty Ltd purchase of the land? Qld007 you’re a genius.
thats actually one of the best ideas i’ve seen on this site.
does any body know what the cost of incorporating a Co is? a mate of mine said it was about $1500
simpst04 replied to the topic TRIBUNAL RULES WRAP CONTRACT “UNJUST†in the forum Creative Investing 19 years ago
Originally posted by Dazzling:
Hellman,Sorry to be pedantic…but a 700% rise in 20 years is actually only 10.2% p.a. compounded.
If it was 35% p.a., it would have gone up 404 times….OK ??
right on brother.
i cant see why people have such a negative perspective about wraps.
as has been mentioned many times, if all parties are fully…[Read more]
simpst04 replied to the topic sub division in the forum Overseas Deals 19 years ago
i dont know either mate, but i would assume your local council would know.
give them a bell or email, and im sure they can tell you if it can be done, at least theoretically.
as for having done a subdivision, i have not, but i reckon your on to something, because i want to get into developing triplexes, as they seem to have a fairly good return…[Read more]
simpst04 replied to the topic th investors club in the forum Heads Up! 19 years ago
thanks people.
where is this search facility? on PI.com, or do you mean google? because i have looked a bit and havent found it yet.
thanks again.[trigger]
simpst04 replied to the topic Can you help? in the forum Help Needed! 19 years ago
Hey Steve,
Can you please give a quick explanation about how you convinvce banks to offer more loans.
Consider a person who has 3 positively geared properties, but they are having trouble finding a lending institution to finance a fourth.
What is the best way to convince a bank that this person is not “maxed out”?
Thanks alot for sharing your…[Read more]