Total Members: 159,074

vernon

  • vernon replied to the topic Add instant value for FREE by … in the forum General Property 19 years ago

    Please excuse my newbie ignorance, but how does one go about doing this:

    1. Remove a height restriction caveat – we are looking at $ 600 fees for a 300K jump in value.

    Go to the local council?

  • vernon replied to the topic WHATS YOUR PROBLEM !! in the forum Help Needed! 19 years, 1 month ago

    I think I can summaries the problem in one word…”money”…or the lack of it. or the fact that it’s not infinite! [biggrin]

  • vernon replied to the topic Colourbond vs Tile roof in the forum Help Needed! 19 years, 1 month ago

    Is changing a colourbond roof more simple and quicker than changing a tile roof? From the posts, it seems that a colourbond roof can be lifted off and a new one bolted on if there is a need to change.

    Thanks

  • vernon replied to the topic Colourbond vs Tile roof in the forum Help Needed! 19 years, 1 month ago

    During periods of heavy rain, is colourbond roofing more noisy than tile?

    If so, then are there any options to install some noise insulation material in the colourbond roofing so that the noise can be reduced?

    Thanks!

  • vernon replied to the topic To privately manage prop. or use agent? in the forum Help Needed! 19 years, 1 month ago

    Let’s say I am working overseas and have a property in Perth. I plan to leave the property intenanted for the time being (moving back in a few months).

    If I do not want to engage an agent to manage the property, what are my other alternatives in terms of getting someone to drop by to check on the property, collect mail, make arrangements for…[Read more]

  • vernon replied to the topic combative agent??? in the forum General Property 19 years, 1 month ago

    Originally posted by j4smythe:
    Finally try this one for size: agent ‘a’ :no asian will buy this house, its 13 which is death. Agent’b’ feng shui ? I give you…..go to council spend 250 bucks change the number

    simple, do you see my problem, and I got a list
    I am sorry I had to re-post this as i believe i placed it in the wrong forum…[Read more]

  • vernon replied to the topic What type of finance is available for land only? in the forum Value Adding 19 years, 2 months ago

    Originally posted by Terryw:
    Richard is the right person

    Terryw
    Discover Home Loans
    North Sydney
    [email protected]

    Thanks, have just discovered that! [biggrin]

  • vernon replied to the topic Online property valuation reports – how accurate? in the forum Help Needed! 19 years, 2 months ago

    Hi guys,

    I’m referring to services like RP Data, propertyvalue.com.au, Home Price Guide etc.

    As for the actual valuation of the property, how does one go about arranging for it (sorry I am a newbie so need to ask fundamental questions).

    Thanks

    Vernon

  • vernon replied to the topic What type of finance is available for land only? in the forum Value Adding 19 years, 2 months ago

    Originally posted by Qlds007:
    Vernon

    Don’t think you are talking to the right people.

    Cheers Richard

    Ph: (07) 3720 1888
    [email protected]
    http://www.yourstatefinance.com

    IP funding and US property finance
    our speciality

    Hi Richard,

    Can you then direct me to the right people to whom I should be speaking to?

    Thanks!

  • vernon replied to the topic Investing in Self Storage in the forum Help Needed! 19 years, 2 months ago

    jtw,

    would your friend be able to give some indication as to the price of building such a property? Also what other costs are there, e.g. insurance etc? that one should be aware of?

    Thanks

  • vernon replied to the topic What type of finance is available for land only? in the forum No Subject 19 years, 2 months ago

    Hi everyone I have asked around and found out the range of lending from various banks to be between 70% or purchase price (if I obtain finance to buy the vacant land) and 90% of purchase price if I intend to build and can provide a builder’s contract.

    Cheers

  • vernon replied to the topic Real Life Lease Options in the forum Creative Investing 19 years, 2 months ago

    Originally posted by Dr.X:
    Hi Vernon
    can’t speak for kiwi (thanks Kiwi by the way for providing those examples). But I’m presuming that the option fee of %5000 and the weekly option payment of $145 is dedicted from the final purchase price of $295,000.

    So the tenant has %5000 + 156x$145 =$27,620 to credit towards the purchase price if they…[Read more]

  • vernon replied to the topic Negative comments.. SO FUSTRATING! in the forum Help Needed! 19 years, 2 months ago

    Don’t worry, many of the people I assume are either:

    1) Not truely aware of your purpose and goals in life or

    2) Judge you accroding to the way THEY see the world…or

    3) Too scared themselves to take the leap so wonder why other would want to… [biggrin]

  • vernon replied to the topic Real Life Lease Options in the forum Creative Investing 19 years, 2 months ago

    Originally posted by Kiwi-Fulla:
    Live example:

    Location: Mount Druitt
    Option Fee: $5K
    Strike Price: $295,000
    Weekly Rent: $250
    Weekly Option: $145

    Combined weekly: $395

    Term 36months
    Did not excersize option at 18 months. did it again at a higher price!
    Cheers
    Kiwi

    I am exploring the possibility of purchasing thru Lease Option and would…[Read more]

  • vernon replied to the topic Perth – Clearing of land questions in the forum Value Adding 19 years, 2 months ago

    thanks for the replies John and Dazzling…what 2 contrasting experienced. John, your 2 experiences must have really been a nightmare and it is seriously making me think again…[blink]

    As for Dazzling’s neighbour, I think all the neighbours are really gracious and mature…he can count himself to be a lucky guy!

  • vernon replied to the topic 106% loans without FHOG in the forum Finance 19 years, 2 months ago

    Any banks/lenders giving 106% loans in WA?

    Thanks!

  • vernon replied to the topic Building in 12 months – Perth in the forum Value Adding 19 years, 3 months ago

    Can anyone confirm if the builders mentioned above have their own building teams or do they subcontract the jobs to smaller contractors?

    Do builders with own building teams work faster than subcontractors?

    Which is the safest way to go?

    Thanks

  • vernon replied to the topic How to Make Money With Lease Options in the forum Creative Investing 19 years, 3 months ago

    This is a great discussion. I have some questions:

    1) Must the owner that is offering the property for lease option have paid up the property in full?

    2) Related to Q1, can a mortgaged property by put up for lease option?

    3) How do I find out how to do lease option in WA?

    Thanks

vernon

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