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  • Profile photo of simpst04

    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

    Profile photo of simpst04
    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 informed and happy with the deal who is a person on the outside of the deal to say it is unjust?

    if people dont like wraps, then use another investment technique.

    personally i cant wait to sink my teeth into the wrap market, as well as the other obvious investment opporunities.

    Profile photo of simpst04

    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 for those of us who are not gurus.

    cheers mate.

    Profile photo of simpst04

    i agree. that was a pretty good flick.

    everybody needs to know they can be so much more, if they just put in a bit of effort and faith in their own abilities.

    everyone, keep on keping on.

    Profile photo of simpst04

    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]

    Profile photo of simpst04

    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 knowledge,
    Tom.

Viewing 6 posts - 1 through 6 (of 6 total)