Total Members: 159,009

westinvest

  • westinvest replied to the topic Due Diligence rules supreme in the forum Overseas Deals 19 years, 4 months ago

    Originally posted by RentMaster:
    Absolutely!

    Unless you are paying cash or a large cash deposit, the banks will require you to get a valuation anyway. The banks are not dumb. If they are going to give you a lot of money, then they are going to ask you to do their due diligence for them.

    So if the banks thing it is important, then it should be…[Read more]

  • westinvest replied to the topic You need a sense of humour OR a big baseball bat in the forum Overseas Deals 19 years, 4 months ago

    I never use PMs for this reason,but it meens I can’t cast my net too far from home [glum2]
    Coffin Cheaters member ship may help.

  • westinvest replied to the topic Tenant Rewards?? in the forum Help Needed! 19 years, 4 months ago

    We have given a gift at Christmas time,shame it did’nt seem to help get the rent in on time.
    [glum2]

  • westinvest replied to the topic Advice – get rid of non paying tenant in the forum Help Needed! 19 years, 4 months ago

    In W.A
    We have been where you are now, but there is light if you follow dew process Legal process.
    Serve with Frailer to pay rent.
    After 14 days serve with Eviction notice.
    Get a copy of:
    The Landlords Handbook
    The Key to Successful Property Management
    Department of Consumer and Employment Protection
    http://www.docep.wa.gov.au
    [medieval]

  • westinvest replied to the topic Frustrated Perth buyer in the forum Help Needed! 19 years, 4 months ago

    Originally posted by DreamBig:
    My first post, but this topic digs at my passions. My partner and I have had investment properties in Australind, Mandurah and Collie over the last 2 years. We have experienced incredible capital growth in all areas.

    A few months ago we sold our Collie property and reaped a whopping 38% profit after on 1 year.…[Read more]

  • westinvest replied to the topic Selling the Place youself! in the forum Help Needed! 19 years, 4 months ago

    Are I see,
    Logical much the same as what we do when developing.
    Buy a block with no title in a new development no title no money to pay out until titles issued.
    In the mean time lock into a house plan at $xxx on the block.
    Hopefully after 12 or more months 18 would be good, you have a house and land package to sell at tomorrow’s new price.
    Regards

  • westinvest replied to the topic Perth – where to invest? in the forum Help Needed! 19 years, 4 months ago

    Forget Perth and Geraldton
    Come south young people Mandurah, Astralind, Bunbury and Collie.
    Regards

  • westinvest replied to the topic Selling the Place youself! in the forum Help Needed! 19 years, 4 months ago

    I agree with you again.
    Stubdorn is good,
    Firstly offer 10% less than this and move up very slowly is good,
    long settlement of 6 months or more Why?
    Only pay above valuation for properties consider crucial to achieving specific business goals but the vendor would never be made aware of these,
    is also good.
    Why 6 month settlement?
    Regards

  • westinvest replied to the topic Selling the Place youself! in the forum Help Needed! 19 years, 4 months ago

    Originally posted by The Mortgage Adviser:
    I know it is cheaper to do it yourself. Back to my question, how do you know a good experienced agent could not get you a better price?

    I love dealing with private sellers. I find it very easy to negotiate better deals with them.

    The Mortgage Adviser
    http://www.themortgageadviser.com.au

    Essential Links

    I…[Read more]

  • westinvest replied to the topic Selling the Place youself! in the forum Help Needed! 19 years, 4 months ago

    No slaping Agents but.[blush2]
    You can get “24” 80×60 2 colour adds in the Property lift out (South Western Times) For $732.
    List you property on the net for free.
    Have 2 good sized signs made for $90. (Reusable)
    2 Open home signs $50.(Reusable)
    All the paper work from your Settlement Agent free.

    Regards [biggrin]

  • westinvest replied to the topic Selling the Place youself! in the forum No Subject 19 years, 4 months ago

    Excellent Fitz72,
    And your next move is ??
    regards

  • westinvest replied to the topic SELL OR RENT ??? in the forum Help Needed! 19 years, 4 months ago

    sorry,
    Take the cash and “RUN”
    I did this and I’m 2m better off today.
    Regards

  • westinvest replied to the topic Help? in the forum Help Needed! 19 years, 4 months ago

    But the train’s comming.
    Greenfield’s? I have some friends who are developing in Greenfield’s they are doing well.
    We are developing in Lake Lands, outstanding growth so far.
    Returns and Growth should jump again when the rail is in place.
    We have land there just sitting in our back pocket we will develop with 4×2 and 3×2 homes.
    But then again…[Read more]

  • westinvest replied to the topic $1 deposit!!! in the forum Help Needed! 19 years, 4 months ago

    Originally posted by oshen:
    I had a strange situation recently on a contract where I didn’t want to put down a huge deposit. The REA wrote down that I would pay $500 or whatever deposit on exchange of contracts and 10% deposit payable at settlement. Apparently this would make the vendor feel better about it since they are getting a 10% deposit.…[Read more]

  • westinvest replied to the topic Our first deal!!! in the forum General Property 19 years, 4 months ago

    Hi collie
    Fantastic,our 2nd IP was in Collie W.A
    Any conection with the town??
    Regards

  • westinvest replied to the topic Help? in the forum Help Needed! 19 years, 4 months ago

    We are building in Mandurah,a specky.
    Mandurah is a good plase to be we sold up in collie to get in there.
    Yes Mandurah, Australind and Bunbury are good location’s.
    Good Luck

  • westinvest replied to the topic Frustrated Perth buyer in the forum Help Needed! 19 years, 4 months ago

    Solamon,
    I would go south young man,Bunbury Australind area
    do an owner.com.au search.
    Should fined somthing to keep you happy.
    Regards

  • westinvest replied to the topic $1 deposit!!! in the forum Help Needed! 19 years, 4 months ago

    Originally posted by The Mortgage Adviser:
    The no deposits has been discussed in another thread. It does not always work.

    The Mortgage Adviser
    http://www.themortgageadviser.com.au

    Essential Links

    Maybe not, but for our past 1.2 m in contract’s it has.
    Regards

  • westinvest replied to the topic Deposit on Property in the forum Help Needed! 19 years, 4 months ago

    Originally posted by Terryw:
    Originally posted by The Mortgage Adviser:
    ……..
    As for not paying a deposit, as a vendor, if I did not receive a deposit, I would not consider it a valid contract as no ‘consideration’ has been provided by the buyer and I would sell to anyone else who offered me more and paid a deposit. I don’t think I would lose…[Read more]

  • Load More

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