Hi Brenda,

Just curious…

Which town is postcode 4305???

Regards,

Del

We have a large 4 to 5 br home that is on 10 acres at Hervey Bay QLD that we are settling on soon. It is fenced for horses, sheep etc.

It will be available for rent in a couple of weeks.

Regards,

Del [biggrin]

Hi,

Perhaps you could start by getting rental lists from the property managers in the town. See for yourself how many vacant houses there are at the moment.

Just be careful if the town is way way out, in places like the wimmera, (west of Horsham) etc where drought is still severley affecting many towns.

If the tenant moves out, do you think…[Read more]

Hi Terryw,

That is incredible – only about 6 clients in 1600 posts…It is amazing that you stick with the site…[blink]

Just wanted to say thanks on behalf of the many people over the years that you have helped.[biggrin]

Regards,

Del

Hi Andrew,

It would be great so see you become a regular again here.[biggrin]

We have all missed your contributions, and someone with your experience would be of great benefit to the newer forumites.

You were a great mentor to many of us on this forum, especially us! [party]

Talk soon,

Del & Will [oneeyed][oink]

Hi AD,

Long time no hear… I still remember you, but that just shows how old I am!! [stitch]

Keep up the posts, we all miss hearing from you!

Kind regards,

Del

Ok here goes, stone me if you will…..[fear]

The way that I see it is, that Steve & Dave see posts all the time from people saying:

Where can I get Wrap finance?

How can I borrow from Australia for property in NZ?

etc…etc…etc…

They are merely providing a service for those people who do not want to search the net and the yellow pages to…[Read more]

Hi Sooshie,

Sorry, I can’t help with the technical problem.
I am probably more computer illiterate than you
(you see, I wasn’t even sure how to spell illiterate)…[glum2]

I just wanted to say how nice it is to see your smiling face here again….[biggrin]

Lets try and get the old comoradorie going on this forum again??
(how do you spell…[Read more]

Hi elika,

I agree with Terryw…

We have used Prosolution for quite a while now and I couldn’t recommend anyone higher…
We are part of the MAP program, and they have contributed to us achieving our goals.

They were recently awarded:

National finalist: Mortgage Broker of the Year…

The other finalists were Commonwealth Bank, and Wizard Home…[Read more]

hi nguyen,

It’s not too hard…

We try to find 3br properties that are in a reasonably close vicinity to schools, train stations, shops, etc..

The house doesn’t have to be flash, just basically clean with a low maintenance small yard.

Ask the opposition real estate property manager as to whether there are any major problems with the street…[Read more]

Hi,

Don’t you think there are enough fights and arguments on this forum already?

Regards,

Del

Hi,

As long as you are building up a cashflow positive portfolio, each time you purchase more, it actually increases your annual income, therefore increasing your buying power. [laughing]

It is when you purchase negatively geared properties, that it puts a stop on your investing. [weird]

Good luck,

Del

Start up a new Trust Structure, and only tell the bank what they are exactly asking you!

Del

No problem Brady Boy,

I will always try to help any people with *genuine* posts…

Please don’t abuse the forum.
There are a lot of people who give freely of their expertise and their time,
often very limited time..

If you have genuine questions, please feel free to ask.
I will drop the X-box remarkes… Deal? [thumbsup2]

Regards,

Del [upsidedown]

Hi Brady Boy,

Long time no hear!

Still asking these questions and wasting people’s time????

Go get on your X-Box like everyone else….

Del [thumbsdownanim

Hi everyone,

THE OUTCOME !!

We went to see the Bank Manager this morning, and we were able to get a split loan.

It is a commercial loan of $175,000.

50% for 12 months
50% variable.

There is a fair chance that we will sell this property after 12 months.

Thanks for all your thoughts and opinions. It certainly helped us to make a more informed…[Read more]

Thanks Steven, Jeff & Jo,

I’m glad that it is a difficult thing even for people in the business…

Most of our loans are variable these days, as we are selling a couple of our fixed ones at the moment.. It’s a bummer ‘cos they are fixed at 6%.

I like the idea of a split type loan, because even though the rates are lowish now, who knows what…[Read more]

hi stelep7,

I would be selling and offsetting the capital gains against the losses, as Yack suggests.

Why do things the hard way?

Good luck,

Del

Hi Zippy,
I certainly could, and his prices were extremely reasonable, however, Mike is such a great property investor, he has just given up his legal practice.[confused2]

BUMMER – It’s not often you find someone like him, he will be very hard to replace![bawl]

regards,

Del

Hi starting out,

Am excellent place to start would be a recording that Steve McKnight is bringing out soon, which is an interview with New Zealand Legal Expert Mike Ward…

We used Mike on several occasions as our solicitor in NZ, and he is the most vibrant, switched on, up to date, solicitor who is actually a huge property investor. You will…[Read more]