Do they still offer a money back guarrantee? They used to offer money back plus $400 if you left by day 3. Gives you time to get some of the information.

I did one expensive course in Sydney, wasn’t very impressed with it, so I asked for, and received, my money back!

Terry

Dianne

Watch out for rental guarrantees as well. They are often built into the price.

TW

I would just offer $40,000 for this place, wrap it or just rent it out and keep it for income plus the captial growth. No sense in wasting so much time on such a cheap property.

TW

Stephen

I have just purchased Dale Gatherum-Goss’ tax manual which has a bit on wraps. In it he states that “there is no capital gain on the sale of the property as the nature of the business is in buying and selling properties. Capital gains normally relates to the sale of an investment asset and not a business”. (page 119).

So I understand…[Read more]

Steve

First I’d try to find out what similar properties in the area are renting for, ie market rent. They may be letting it to their friends at a lower than market price.

Then as $50,000 is just the asking price so I’d then be asking what is the lowest you can accept! Then try to drap them down a bit further – if all other things stack…[Read more]