Yes. Ring the bank make an appointment and ask the bank manager if they will send in the paperwork to give you the loan. Just ask, all they can say is no; and if they say no is that going to kill you? most likely not. People go on and on with this is what the bank wants or this is what the bank is looking for when the easiest way to find out…[Read more]
Hi. Wylie gives a lot of food for thought. One thing that I realised early was that I had to make my decissions and live with the consequences of those decissions. Oddly enough I found it very easy to live with negative consequences if I had made the decission that brought them about.
I know a man who all his working life said ” I’m working and…[Read more]
Just my point of view but the best FA I ever found was me. Everyone else was trying to sell me a product, a particular share etc. I like knowing who I can blame for the stupid mistakes I make as well as who to say “well done” to when I make a good investment. Listen to everyone, be selective about who you trust and make your own decision
I was going to give you a long reply about my experience in real estate over the last 26 years but decided not to. All I want to say is that I always purchased the best house as close to the CBD as I could afford. I would say “in twenty years time this will be prime real estate” and guess what, I was right. What I have found is that I had to…[Read more]
I started out using other peoples money in 1979. I never considered that you could buy a house any other way until I started dating a very average lady who bought her first house for cash. She was employed as a registered nurse and saved this money over the years from her wages. Over the years I was continually impressed how this lady could go…[Read more]
Insurance is one of those products that you can not buy when you need it. Only you can say if it is worth it for you. I found the least expensive way to buy life insurance was through the superannuation fund I have to contribute to.
I am not a real estate agent but I have to ask the question, don’t you work for your own benefit. I have a simple rule, I call it rule number one. “If I don’t get paid I don’t turn up”. I expect that the agent is working for their benefit. Part of their job is to bring together my inflated expection of the value of my property with the reality…[Read more]
Queensland is a big place. Do you have a city or location that you want the solicitor to be close to or in?. I have always been very happy with the solicitor that we use in Brisbane. The firm is called Blake Topping located in Ashgrove Brisbane. A very professional firm I have no idea if the work with lease options. Only have a telephone…[Read more]
I would say get it all everything down on paper. Spend the time and money engage a solicitor and an accountant. Start as you intend to finish, be professional in your approach. It never ceases to amaze me how people can hear what you say, hear the words that you use and still have a different interpretation of what was said.
A friend of mine went to a TAFE college here in Brisbane an did a short small business course. It seemed to be pitched at people ,like yourself, who were just starting out in small business. I would suggest that you start at TAFE
Living in Queensland as I do I am use to Termite damage. If I were intending to demolish the property in 10 years and the building report was good then I would go with the treat the termite problem fix the cosmetic damage and do the deal. I have to think that any building inspection should find major structural problems and if they have not the…[Read more]
Hi I have removed wallpaper very easily by getting a bucket of warm water, add a cap or two of wool mix to the water. Next peal the top ply of wall paper off the wall. In my experience this peals away very easily and you are left with the glued plain paper on the wall. Get a sponge, soak it in the buket of water and wool mix and liberally apply…[Read more]
A real estate agent did not turn up to let me in to look at a house that I was interested in. I was not surprised by this. His first remarks to me when I rang to ask for an inspection of the property were something along the line of ,it’s a pointless exercise because the vendor is nuts and wants to much for the place’. I told the agent that I…[Read more]
When I was a younger man in my 20’s my father said something that I have never forgotten and always found to be true. He said “son there is no such thing as the last best buy.” . I have found that there has never been a time when there has not been a property I wanted to buy. There are always good buys and bargains to be had. Today you have to…[Read more]
Making money in real estate is not just buy, rent and hold. Today you have to find a market and supply that market with a solution to their problem/need, matching properties to people’s needs. You get your profits through cash flow or by selling. There are always deals and profits to be made; today you have to look at what need or problem out…[Read more]
My worst mistake was falling for the idea “wouldn’t it be fun the do up an old Queenslander”. I bought an old house that was literally falling off it stumps,facing west and located on the busiest road in Queensland. If there was a mistake to be made in real estate I made it in that house. This turned out to be one of the best things I did.…[Read more]
When I was 22 years old I had a mortgage, a job and a future all mapped out. Three months later I had a mortgage, no job and was enrolled full time at uni. Shortly after this my clothing began to wear out and I was 22 years and four months old with a mortgage, no job, wearing my gandfathers hand me down coats and trousers ( I had my own…[Read more]
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