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  • Profile photo of smaansmaan
    Member
    @smaan
    Join Date: 2004
    Post Count: 6

    If anyone is interested, I have some material from the first results program that I would like to sell.  I had joined the program but then was unable to continue.  I have the kickstart folder and folders 1,2,and 3 they also contain some dvd's. 

    I am also selling the Wealth Guardian, Buyer Beware and Investment Detective (which has never been used) as I no longer have any use for these.

    Anyone interested please email me at –  [email protected]

    Profile photo of smaansmaan
    Member
    @smaan
    Join Date: 2004
    Post Count: 6

    Hi McHenry

    I’m just starting out with sandwich lease options and my understanding of stamp duty is that it is deferred until the exercise of option and is only payable on the option fee amount.
    To be creative you could eg. If the option fee is $10,000 you could put $1,000 as the option fee and the remainder $9,000 as a deposit in advance, therefore you would only be paying a minimal amount of stamp duty on the $1,000.
    Hope this may help, but correct me if I’m wrong.

    Cheers
    Smaan

    Profile photo of smaansmaan
    Member
    @smaan
    Join Date: 2004
    Post Count: 6

    bomandlouisa

    was looking at the area of Kambalda about a month ago, but did my due diligence and decided against it even though they may be +cf now, but for future it would be a higher vacancy rate as it is a mining town.
    When i spoke with my mortgage broker he said that being a remote area some lenders wouldn’t even lend or it was a case by case scenario.

    smaan

    Profile photo of smaansmaan
    Member
    @smaan
    Join Date: 2004
    Post Count: 6

    I recently attended one of steve’s masterclass seminars and found it very informative although it was a full on day. I have read both of steve’s book’s but by attending the seminar i learnt new things that i didn’t know. It was a one day seminar that didn’t cost thousands of dollars (only hundreds of dollars) but it was worth it and i would recommend it to anyone who is thinking of attending.

    Tania

    Profile photo of smaansmaan
    Member
    @smaan
    Join Date: 2004
    Post Count: 6

    Hi, this is my first time on the forum, thought i’d put in my two bobs worth if it’s of any interest. We built 4 years ago with a reputable company and were told 15 wks for completion. My husband is in the building trade and wanted to do some of the work but they would not allow this as they didn’t want any hold ups along the way, So they could have their own tradesmen in there one after the other with no delays. Due to any bad weather it was like 1 bad day of rain equalled to 1 extra week of work. Luckily our home was completed within the set time frame. On the other hand my parents also built with a supposedly reputable company only to have them walk off the job. It all started with the concretors – the foundation being too short which he blamed his son (a teenager on school holidays helping out his father) which then lead to problems for other tradesmen one after the other. The builders were wanting payment up front for work they hadn’t even started/completed. Dept Fair Trade were brought in to mediate btwn my parents and builder, eventually the builders walked off the job, my parents had all the evidence (my mum would video/photo everything as this is what an independant inspector had told her to do) it was taken to court and my parents were compensated and given the okay to complete the job themselves (but also loosing thousands of $ for legal costs) as for the builders they declared bankruptcy and set up another company in another name. Apparently the supervisor wasn’t even properly licensed to begin with.
    In the long run it eventually took my parents over 2 years to build when it was only supposed to be however many weeks contract.You just can’t win, you get the good and bad.
    All the best and good luck.

    Tania

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