Hi Folks,

Coming to an end figure for a development site is dependent on what this particular developer can extract out of the site through ‘highest and best use’.

This will be driven by market demand in the area, types of properties already developed in the area, what they sold for, his or her creativity, new trends emerging in the area,…[Read more]

It's in the IT sector…The statements I'm referring to are the claims made about company performance, culture, and such.  These things are usually not put in a contract.I agree, not much you can do.RgsQL

Matt007 wrote:
………. If I'm going into a legally binding agreement and paying someone $30K + to get me results I expect and demand proof prior to handing over a single cent. Get everything in a legally binding written form that holds them to their claims. See if they'll do it. If not, ask yourself why. Good luck.

Well said Matt007, well…

Thank you again for your replies I really appreciate them.  Providing me exactly what I need…

Thanks Duckster,Last few weeks have been hectic therefore the late reply.Really appreciate your response. I should have said that the family  is INCREASING in size, so it's actually a good thing!RgsQL

Zaffa, is that you again?

Wow, just read the above post.These forums can attract some interesting folk can't they? QL

Hi There,Responding to a question posed earlier in this thread.I purchased the 'Options Made Simple' CD by Rob Balanda.  It is a good CD, however it really is a little basic (especially so if you already have your head around how options work).Did I feel like I got value for money from it?  No – it was too basic.Would it be of value to the u…[Read more]

An option is a right but not an obligation to buy a property for a pre-determined period of time.The option holder has control (but no financial obligation) over the property for a fee (usually non refundable).Options are quite common for large property transactions.Beyond that, I suggest you Google the term and research from there – there's a few…[Read more]

Hi Paul,Thank you for your reply. Apologies for the delayed response – I have been flat out over the last few weeks.I just read another post (which you wrote on 30th January an hour or so after responding to my post).Your model certainly gives food for thought…I'll PM you to discuss further. RgsQL

As quoted by Jenman

Bob Andersen wrote:
" Well, there's no secrets offered here other than that Zaffar Iqubal has been twice bankrupted for failed business ventures and was, according to the authorities, also banned from being a company director in Australia."

The only piece of useful information that Jenman offers here is that Zaffar (whom I…[Read more]

Talk to Dale Gatherum Goss in Melbourne. He is a trust expert and property investment based accountant. I’m sure he’ll help you setup the right structure.

Rgs

QL

Thanks Sue,

Appreciate your response. I had been searching the forum for around 10 minutes or so without finding the answer – so much appreciated.

Rgs

QL

Originally posted by Dr.X:
To be honest when I interviewed my last accountant and solicitor, I didn’t even bother to ask what they charge, the fact that they were on the same wavelength as me was enough to sell me. [biggrin]

Well said – totally agree with that – price is not a major factor. Better to pay more for someone on the same…[Read more]

I have two accountants!

One currently does my personal and company returns.

The other is a property expert giving me property advice.

I would probably prefer that one Accountant ultimately does everything, so might change this structure as my activities start ramping up

Rgs

QL

I will never forget the poor service my last accountant gave me when I sat down with him to go over my tax return details. Looked at me like I was a complete idiot. Absolutely no personality and no positive advice congruent with my direction. And massive bills to boot. Needles to say I have now moved on and am quite happy with my next…[Read more]

Thanks for that,

I met with Dale last week (and am now reading his excellent book – Trust Magic.) He suggested the best method was to find a suitable solicitor to set up the trust for me, and unfortunatly he didn’t have any recommendations on who.

So, if anyone has any ideas for someone in VIC (preferably eastern suburbs) that would be…[Read more]

I last used Gary Cooney in Burwood, VIC for my property settlements. Very happy with him…

Rgs

QL

I can see it now – farmer Joe driving around in a Rolls! [laugh4]