Total Members: 158,642

blocka

  • blocka started the topic please help in the forum Help Needed! 9 years, 3 months ago

    hi
    looking for a company that managed our investment property (WHITE HOUSE FINANCIAL SERVICES) Directors name…. Matthew Jenkins…
    They owe us a small amount of money approx $5000…(RENT) we do have a paper trail via real estate agent
    cannot contact anyone on any of company phone numbers and more recently all numbers have been…[Read more]

  • blocka replied to the topic development in the forum Help Needed! 10 years, 6 months ago

    Excellent wilko1 makes sense
    Thank you

  • blocka replied to the topic Is it now time to Fix? in the forum Paullie wrote:

    blocka 12 years, 3 months ago

    Paullie wrote:

    blocka wrote:
    Stick to variable for now !

    What makes you say that ?

    well i believe rates will still come down some more lets see what next tueday brings

  • blocka replied to the topic Is it now time to Fix? in the forum Finance 12 years, 3 months ago

    Shape wrote:

    blocka wrote:
    if the banks lend at lets say variable 6.5% and fixed 6.0% and people choose fixed, and rates go up 0.5 % the bank looses by 1.0% BUT if rates go down the bank wins or the losses are less,
    so if rates are going up which i dont think they will why would they banks lock people in so low ? makes no sense unless they…[Read more]

  • blocka replied to the topic Is it now time to Fix? in the forum Finance 12 years, 3 months ago

    Also i recently rang my lender (westpac) and told them i could get a better deal else were and they swiftly dropped my rate by 1.0% it was quite a shock at how easy it was…
    RING YOUR LENDER

  • blocka replied to the topic Is it now time to Fix? in the forum Finance 12 years, 3 months ago

    Stick to variable for now !

  • blocka replied to the topic Is it now time to Fix? in the forum if the banks lend at lets 12 years, 3 months ago

    if the banks lend at lets say variable 6.5% and fixed 6.0% and people choose fixed, and rates go up 0.5 % the bank looses by 1.0% BUT if rates go down the bank wins or the losses are less,
    so if rates are going up which i dont think they will why would they banks lock people in so low ? makes no sense unless they know they will be dropping rates…[Read more]

  • blocka replied to the topic Bypassing the agent straight to the vendor. in the forum Help Needed! 12 years, 5 months ago

    wait for the for sale contract to end, (usually 3 months) and then the vendor can do what they like.

  • blocka replied to the topic Want to become my mentor? in the forum Help Needed! 12 years, 8 months ago

    lets say i inherited $250,000 i could bye one property worth $250,000 and enjoy the rental return of lets say about $280 per week and wait for capital growth of say 4% per year =$10,000 per year, or i could bye four properties of total p/p of aprox $1,000,000 and use my $250,000 as the deposit to borrow the rest. i would not have a rental return…[Read more]

  • blocka replied to the topic Negative gearing investment in the forum Help Needed! 13 years, 1 month ago

    hi rachael ive been using a similar company called whitehouse securities for about 10 years, they dont ask for a management fee however they do offer a rental garentee and maintanance for approx $30 per week, recently we had a tenant move out and left behind a trail of damage like drawing on walls, holes in walls and  stains in carpet, the list…[Read more]

  • blocka replied to the topic Where to find previous sale price of property. in the forum Help Needed! 13 years, 6 months ago

    HEY PEOPLE JUST ANSWER THE QUESTION GGGRRRRR

  • blocka replied to the topic developing land in the forum Help Needed! 13 years, 9 months ago

    Do you have any idea of costs to her to get it to an investors help stage ?
    Thanks JAS

  • blocka replied to the topic developing land in the forum Help Needed! 13 years, 9 months ago

    Oh and similar land of approximate 2.5 ac in next suberb is approximate $300000

  • blocka replied to the topic developing land in the forum Help Needed! 13 years, 9 months ago

    Well my friend tells me she believes it to be subdevidable and once her mother gifts her land for accsess road, I’m guessing it would be very attractive ?? Yes ? And the next step would be to contact council. Yes?

  • Not sure of your question but if this is how I understand it …
    Ip in question put 10% in your name and you claim that part and 90% in husbands name and he claims that part…!!!

  • blocka replied to the topic Jan Somers – Building Wealth in the forum General Property 13 years, 10 months ago

    Go girl ….. We’ll all get there !!

  • blocka replied to the topic First IP in the forum General Property 13 years, 10 months ago

    Hi karmark
    Go to google and type in…. the investors club
    There you will find all kinds of answers,
    Not sure where you live but they have a seminar on this weekend on this subject
    on the central coast and it’s all free

  • blocka replied to the topic Advice sort in the forum Help Needed! 13 years, 10 months ago

    my plan is to bye something negatively geared and when it gains enough capital gains sell it and use the equity to purchase something positively geared and then use its equity to purchase another negatively geared property and repeat this process over and over againassuming you have your own home to use as security…..using an investment company…[Read more]

  • blocka replied to the topic How to buy/structure our second in the forum Help Needed! 13 years, 10 months ago

    Oops borrowing $700k io for another home to live in but keeping original ppor as ppor

  • blocka replied to the topic How to buy/structure our second in the forum Help Needed! 13 years, 10 months ago

    Hey guys
    Need your thoughts on another option:
    Ip is valued at $550k and owe $530k
    Ppor is valued at $650k and owe $400
    My question is what are your thoughts on
    borrowing up to say $700k io and turning
    ppor into ip earning $650p/w rent

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