Hi Steve
Have bought book and been flicking through it at the moment but have a question relevant to what we are doing.
In the book one of your strategies to get +Cf is to subdivide and sell the new block to paydown the front block. ? if you build a new house on the new block why wouldn’t you sell the old house and keep the nice new low…[Read more]
HI Vidi
Thanks for the tickets, My partner and I attended the Melbourne weekend. We enjoyed it immensely and got a lot out of it. We noticed a lot of people signing up for the follow up events so obviously they thought it was worth a more in depth look. We have been to other events and paid hundreds for them. We wouldn’t have been disa…[Read more]
We have decided to take the property off the market at the moment, complete the development and then see what happens later.As for the second fire, we went with the first agent as we felt one in the hand is better than a maybe. Thank you all for your suggestions and will keep you all posted in about 6 months.
Not the same property, but another one, we have had on the market for about 12 months also, at the price that was set by a licenced valuer, we paid $400 for the valuation.this week we have had 2 agents tell us they have buyers, the thing is we told the first one yes we will sell at that price, that afternoon another agent rings and says I have a…[Read more]
Thanks that is about all we can think of, that and changing agents again, the place already looks respectable, we also thought that completing the development might make it easier to sell as it seems, as Mal Emery says people now want the fish on the plate.and don’t seem to be able to put up with the slightest inconvienience.
another point to remember with interest only is that you can apply the extra dollars saved to increasing the equity in your own home and reducing the bad debt[]