Ando replied to the topic Wanted: Cherie Barber full home study course in the forum Buy, Swap & Sell 7 years, 12 months ago
Do you still have this? i would really love a copy as i cant afford to get to, stay in town & attend a seminar/training weekend!
thanks in advance
Ando replied to the topic I want to buy property to do "rent to own" where do i start?? in the forum Creative Investing 8 years, 2 months ago
No worries at all Richard.
Can i ask you something? When you first started did you ever have a time where it got so tough you wanted to give up? Reason being, we have put our all into this to start it off and we made a great profit (equity wise), we were sweating on refinancing to pay some off our ppor, use some to go again with another flip &…[Read more]
Ando replied to the topic I want to buy property to do "rent to own" where do i start?? in the forum Creative Investing 8 years, 2 months ago
Hi Richard
we are not providing finance, just an option to buy added to the lease; so we dont need an ACL (as advised by our solicitor) the tenants pay rent with an inclusion in that amount that accrues toward their deposit.
Hope that makes sense!
: )
Ando replied to the topic I want to buy property to do "rent to own" where do i start?? in the forum Creative Investing 8 years, 2 months ago
Wow!! thanks David!
i will definately be checking out your blog! We have a great solicitor involved so the contract/lease is almost ready to go & we are working with a local lender and the real estate manager to do all the necessary checks on potential tenants to make sure they will be suitable to purchase in 3-5 years. We see it as an…[Read more]
Ando replied to the topic I want to buy property to do "rent to own" where do i start?? in the forum Creative Investing 8 years, 4 months ago
Thanks everyone for your input, it’s very much appreciated and has helped a lot.
We are in NSW and are planning to start with one and then go from there and only planning on doing it within the state. I will have a chat with our solicitor, thanks very much for the advice.
Do you have potential buyers already?
Yes, we do Ethan and a property…[Read more]
Ando started the topic I want to buy property to do "rent to own" where do i start?? in the forum Creative Investing 8 years, 4 months ago
Hi guys,have had a look around and cant seem to find info on what i need to do to get this up and going? I would like to purchase a property and rent it out as “rent to own”. Do i need to have any type of license etc? can i do the property management myself (rent collection, inspections etc) and are there special contract pro-formas/terms my…[Read more]
Ando replied to the topic Back to back settlement? in the forum Legal & Accounting 8 years, 8 months ago
Just a question – if you are doing a few of these “simultaneous” settlements a year, do the CG tax liabilities change – because you are doing more it would be classed as a business therefore taxed at a lower rate??
thanks in advance
Ando replied to the topic Deposit Builder – a new vendor finance strategy in the forum Creative Investing 8 years, 8 months ago
How does this work on a shorter term? as in, the vendor offers deposit financing to a purchaser who has been pre-approved for finance and negotiates the repayment of the deposit over an agreed term after the settlement takes place.
what requirements would the lender (if any and who) need to satisfy that a deposit is being held/”paid” in order for…[Read more]
Ando replied to the topic Simultaneous Settlements in the forum Creative Investing 8 years, 8 months ago
Hi Richard
coudl you provide more information on the above options? or direct me to where i can find it?
thanks in advance.
Ando became a registered member 8 years, 8 months ago