Total Members: 158,198

agent smith

  • agent smith started the topic Managing Agent Agreement Form 6 update in the forum General Property 7 years, 4 months ago

    HI There,
    I was hoping someone could help me with this one….
    I have an IP managed by an under performing agent… We wish to change agents.
    We have given them 30 days to change but the agent has disagreed with this and tells us that we need to give 90 days notice. He will no release us from this agreement for 90 days.
    Our managing agreement form…[Read more]

  • HI Again people,
    Since my post on September 2nd I signed up for James’s course and paid my money.
    I have got my manual and listened to the modules..
    I am happy with the money I spent..
    I have done many property investment courses in my life including Steve McKight, Michael Yardley and others (even Henry Kaye)..
    James course has possibly been the…[Read more]

  • HI Again people,
    Since my post on September 2nd I signed up for James’s course and paid my money.
    I have got my manual and listened to the modules..
    I am happy with the money I spent..
    I have done many property investment courses in my life including Steve McKight, Michael Yardley and others (even Henry Kaye)..
    James course has possibly been the…[Read more]

  • HI There,
    Just wondering if anyone can tell me how to get involved with James Dawson’s Commercial property system..ie. purchase package.
    I cant find any website links etc, even on his website??
    Thanks in advance.

  • agent smith replied to the topic 95% LVR Refinance? in the forum Finance 18 years, 9 months ago

    I just completed a 95% refinance on an IP with ANZ. The property was purchased in November 04 (with 90% LVR). Revalued and refinanced in May 05 to 95% LVR (after renovations etc). LMI was about $1200ish (low because I already paid LMI at initial purchase).
    Seemed easy enough![biggrin]

  • agent smith replied to the topic 100% finance question in the forum Finance 18 years, 10 months ago

    Sorry about my delay in replying.
    This was not an ‘advantageous’ purchase. The vendor wanted to sell the property himself but had no idea of real market value and sold it for less than it was worth. It was not advertised. We just happened to be in the right place at the right time. We ordred the valuation without the valuer knowing the purchase…[Read more]

  • agent smith replied to the topic Albury Property Investors Group Meeting in the forum General Property 19 years, 2 months ago

    Hi all,
    It’s great that you guys have got a group started. Still love to involved. Bugger I missed the first meeting. How do I get in contact with you guys?
    Sorry Jaffasoft, I emailed you six months ago( or So ) but I guess it didn’t get through….kinda got busy then & unfortunately didn’t follow up.
    Hope the meeting went well.[biggrin]

  • agent smith replied to the topic Albury Property Investors Group Meeting in the forum General Property 19 years, 7 months ago

    Hey John,
    I didn’t mean to be critical. No need to get so personal!
    I just said that Thyrgoona is not a desirable investment area IN MY OPINION. Although with certain kinds of property this would definately not be the case (as in any area). What I mean is that I personally would not buy a house to sit on and speculate that it will increase in…[Read more]

  • agent smith replied to the topic Albury Property Investors Group Meeting in the forum General Property 19 years, 7 months ago

    Hi Jaffasoft,
    I have lived in Albury for the past two years. I know Central, East and South Albury like the back of my hand. We are involved in a few development projects in central Albury. Cashflow positive deals are difficult unless you do something creative, or buy in the most dodgy parts of town.
    The population of Albury is about 45000. The…[Read more]

  • agent smith replied to the topic [moved] Question for Developers in the forum Value Adding 19 years, 8 months ago

    Hi there Peter,
    Sorry to get off track here but does this mean that each of your developments is kept in a separate company name? If not, in what structure do you generally hold your projects?
    Thanks in advance.[biggrin]

  • agent smith replied to the topic NSW developers and the new VTT in the forum Value Adding 19 years, 8 months ago

    Hi there wrappack,
    Vendor duty is not payable on the first sale of new dwellings. See NSW Office Of State Revenue website (www.osr.nsw.gov.au).
    (Sorry! I haven’t worked out how to do the link thingy yet)
    Hope that answers your question.[biggrin]

  • agent smith replied to the topic Quantity Surveyor – Melb in the forum Help Needed! 19 years, 8 months ago

    Thanks Derek,
    I’m all booked in…………
    they seem to have a pretty slick operation.
    Ciao.

  • agent smith replied to the topic Change of trustee in the forum Legal & Accounting 19 years, 10 months ago

    Hi there,
    Sebatian let me get this straight……
    You have a property purchased through a trust.
    You are the trustee.
    Unless you transfer ownership of the property from the trust to you ( incurring SD) the trust will always be on the title.
    As I understand it the trust deed will spell out the procedures for appointing trustees. This power is…[Read more]

  • agent smith replied to the topic good deal no finance in the forum Finance 19 years, 10 months ago

    Hi k2005,
    Need more info………..
    What is the purchase price?
    When did you purchase it (contract date)?
    What is the current valuation?
    When is settlement?
    How much deposit did you pay? What state is it in ? Is is off the plan?
    Do you have any other property/equity?
    How much cash do you have?
    It all may be relevant…..
    Think outside the…[Read more]

  • agent smith replied to the topic LOCK IN V’s VARIABLE ??? in the forum Finance 19 years, 10 months ago

    We all get biulding insurance for our properties. We probably all have landlord insurance. We definately have car insurance. To be certain that a desired outcome will eventuate is it not prudent to “insure” out mortgage also so it cannot unexpectedly increase to an unmanageable level. (unless the absolute worst case scenario is covered).
    I think…[Read more]

  • agent smith replied to the topic How long before cgt applies?? in the forum Legal & Accounting 19 years, 10 months ago

    Hi Misty1,
    The ATO website has a downloadable e-CGT calculator. You can plug in justabout any scenario and it will calculate CGT payable.
    Just a thought![worried]

  • agent smith replied to the topic what would you do? in the forum General Property 19 years, 10 months ago

    As others have already stated you heven’t necessarily bought a lemon so why sell? The real gains in property are from the long term investment in quality assets. If I were in your situation I would try to maximise my present situation as much as possible witn the aim of 1. Incresing my cashflow, and 2. Increasing my equity.
    Increasing cashflow may…[Read more]

  • agent smith replied to the topic Sophisticated Investor in the forum General Property 19 years, 10 months ago

    It’s a while since I read the book but I distinctly remember that Robert Kiyosaki (in Rich Dad Poor Dad) specifically defined a sophisticated investor according to their “wealth”. I cant remember the figures exactly, but I think it was something along the lines of someone with net assets >$1 mil or a personal income >$200k pa. I guess when a…[Read more]

agent smith

Step 1 - 0% Complete

Fill Out Your Member Profile Below

Fill in the required fields below to complete your registration.

Registration not only grants you full access to this website, but will also enable us to send you our newsletter, latest investor tips, strategies and information about events/products relevant to investors. You can opt out at any time.

Used to log in to the website and for targeting with messages. Alphanumeric characters only. No spaces allowed..

Member Login
Lost your password?
×
158,198

Register Free To Unlock Unrestricted Access To PropertyInvesting.com

×
1-Day Millionaire Mastermind Workshop - Only LIVE Training in 2019!