Banks get their money from basically four sources:1. Long term Wholesale Funding2. Short term wholesale funding3. Deposits4. SecuritisationSecuritisation is gone for all intents and purposes. Deposits are self explanitory. Wholeale funding comes from other financial institutions both domestically and internationally. Prior to the financial crisis…[Read more]

Well stated Richard. If you reduce the role of the broker to simply processing a loan you are no better or worse off than doing things yourself. If you want a comparison of products it is easier to use a broker and won't cost you anything. If you want advice on how to structure your loans effectively and what types of property and startegies are…[Read more]

The website is http://www.resultsmentoring.com/ . Brendan and Simon who run the program are great guys, very knowledgable and the course they run has been exceptionally well designed.

As I stated, I don't know anything about the company or what they are doing, and i subsequently don't have an opinion on them. I just wanted to state for the record that I am not the Alistair that works there. I did this because if people search this forum they will come up with multiple posts by me talking about US property and i don't want to be…[Read more]

RickH wrote:
Hi Aussie Fly,I agree with your previous post. The person you are dealing with needs to be knowledgable about the product. At the end of the day he is more or less a saleman selling a service. I am dealing with Alistair and Tony who both have full understanding of the service and market in the US. It looks to me like you got the new…[Read more]

Branov Design are good, you can find them on Google.

Hi Joe,You are unlikely to get a town planner to help you select a block, its not their job. It's pointless anyway, unless you have a design ready to show them. If you want everything done for you you really should get yourself a buyers agent.RegardsAlistair

Hi, I do some work with Cashflow Capital and know the people there well. They act as both buyers agents and also have some exclusive stock from developers. They are unlikely to tell you where the cash flow properties are unless you are a paying client, and even then I think you will find they will be able to locate superior deals in those areas…[Read more]

novusprimo wrote:
Update on Planning Permit:We got the planning permit but no stamped plans because the permit has several conditions. This means that the floors plans should be modified according to the conditions before council endorses and stamps it. This also means we need to pay the draftsman to do the modifications. This is surely another…[Read more]

Banker wrote:
I have no problems with kickbacks to clients. It's better than putting an ad in the paper – better to have the money in the clients pocket than James Packer or Rupert Murdochs pockets… I would like to see commissions to any other parties banned. As soon as your broker pays your real estate a commission you need to wonder; are…[Read more]

Success with this sort of strategy largely relies on you knowing more than the owner as to what you can do with the property. That is you need to have a rudimentry understanding of town planning and access to an authority in the area. I have watched Mark Roltan speak, and he is a very good presenter, but some of the things I have heard him claim t…[Read more]

Hi KindofNew,The comments by Banker are true in terms of dealing with Banks. However, depending on the geographic location you may be able to do this outside of the banking sector. There are a number of mortgage funds around the country that specialise in smaller developments such as yours and will provide you with significantly more money and…[Read more]

Chris Lang is the most well known commercial buyers agent, he has spoken at some of Syeve's events. Just google his name and you will get contact details.

eloi wrote:
Aperry what factors are you speaking off. If its the fact that real estate experts keep talking about an undersupply in australia. Well in case you and all the other sheep dont realise, that is all propaganda to keep them in a job. In 2006 and 2007 they where saying the same thing in america and in uk. They where saying they have an…[Read more]

Sitting on the sideling and doing nothing is betting that prices will drop. This is a bet that has failed year after year after year. Overseas economists claiming our property market is overpriced and using international comparisons is nothing new, but they fail to factor in things such the enourmous number of houses that are in slums in the US…[Read more]

You should budget for at least 12 months. You might get it through as quickly as 3 months, but you would be silly to expect that.

realestateedu.com.au wrote:
So AP are saying it is more intelligent to have higher density or urban sprawl. Should we be focusing in utilizing current spaces better where there are essential services already installed. Philip Sigglekow

Hi Philip, I wasn't expressing an opinion on whether its good or bad, simply what the announcement means. My…[Read more]

I have never heard Carley speak, maybe she's great, but I have concerns as to whether she is old enough to have sufficient experience to provide a really good service. Even if she has squeezed in quite a few, she can't have been through many cycles. Dean and Elise Parker have some educational materials on sale through this site and Troy Harris…[Read more]

Altering the UGB is just one step and doesn't mean that all the land that is affected will be rezoned. Councillors still have significant power to stop land from being rezoned and to influence density, they also seem to be generally anti development, while the current State Government has a disinclination to do anything, so don't expect a rush of…[Read more]

There are a few non banks around still who will fund small developments with no or at least very minor presalae requirements. Three units, if there is a good margin would be very easy to do with no presales, with 6 units and a strong application 1 presale would be enough to go to about 65% GRV and 2 would get you to 70%.RegardsAlistair