Please let us know As I am looking at one or two possible IPs and that kind of offer would come in very handy!

Was that a WA offer or is it national?

Cheers

C@34

Ahhh the old push to settle quickly as long as they are seen to be doing you the favour!
Can’t your building family mambers do an evaluation, Right now? Shurely you would be able to find out where the damage is and have your family members give you their opinion!

I am thinking that you are correct! They seem to be too pushy. Would the $15K less…[Read more]

Motto: NEVER VOLUNTEER, and a friend in need is a pain in the ass!!!!

ROLFMAYO[upsidedown]

Cheers

C@34

Domo, you said that your bank charges you an extra 1% above the standard interest rate. Do I understand that to mean that your loan (mortgage) is the current % + 1%?! Just to have an off-set account?

Or Simon, … is this correct? If so, how then is the off-set account such a benefit? That’s an extra $83.33 per month for every 100K. And they make…[Read more]

Jaffasoft Posted – 29/09/2004 : 12:35:45

Has anyone Invested in a Backpackers Hostel style accommodation? For Taurests and the likes?

Well that’s an excellent idea. Here in WA there is a group called Easyrider Backpacker Tours and they basically operate a touris transportation service up and down the WA coast for Backpackers. This could be…[Read more]

Redwing ow did you go with this one?

It would be interesting for me to know.

Just being nosey, I guess.

Cheers

C@34

Ohhh…..argghh
I feel sick! Thanx Steve, ignor the grimace on my face! I mean that sincerely…….

Cheers

C@34

Thanx Redwing,
unfortunately work committments have me chained to the proverbial work desk!
Please, if you notice more of these events post them, one day, when I grow up I’ll just run away and join the seminars!

Cheers

C@34

Hi Frog2, please see below what Steve had to say:

SteveMcKnight
Administrator [1254 posts]
Posted 10/10/2004, 17:27:17

Hi,

Thanks for your feedback and I’m delighted you enjoyed the book.

A couple of points:

1. The cashflow figures are ‘gross’, meaning before expenses such as those you listed.

2. The cashflow is only from property remaining…[Read more]

tonyy21692 Posted – 08/10/2004 : 18:56:59

Had you ever thought because it is illegal – even in WA…

Hi Tony, we use an Offer and Acceptance form in WA. You can buy this from any newsagent for $0.50. You are also permitted to fill it in yourself – free of charge! Once you get to the point where there is agreement between the Vendor and the…[Read more]

Hi all,
I had looked into this, with a lot of help, but in the context of buying a douplex on a SINGLE title. See below
https://www.propertyinvesting.com/forum/topic.asp?TOPIC_ID=11097

In this situation it was deemed to be legal.

Cheers

C@34

Hi Martine,
you are a little vague on the details. Perhaps if you’d list each individual property and its related figures it would be easier to give you an idea of what is possible. It might also pay to put this question up in the Finances area as that is what you are generally enquiring about.

From what I can see, it depends on two things:
1.can…[Read more]

Thanx Tools,
I must admit that at first I got ‘hot under the collar’, but then I realised that you indeed put your experience in print and that’s what this forum is all about.
I look forward to seeing how Wayne went, and I look forward to your input when I get into my PPOR Face lifts.

Cheers

C@34

Thanx Tools,
Like I said to Wayne, I have been telling of what I remember of when I laboured for a tiler.

If you go the other way,you will find that you will have gaps between the tile and skirt all around the room.Even “professional”tilers don’t manage to get all the tiles perfectly flat,and all it takes is for a few tiles to be slightly out of…[Read more]

Giday Jack,
I have no experience except that I looked into buying a house with the outlook of building a douplex out the back.
What I have learned is that separating Titles comes in two flavours, Green Title and Strat Title. Green Title subdivision is where you want to turn one large property into two properties. Strata Title is where you have…[Read more]

Hi there,
just a question – could you not keep a copy of this contract on file and turn it into a ‘Template”?

It seems rather sill to me to have to pay over and over again for a contract where the only things I could imagine that would change are the address, the conditions and the Vendore/ Purchaser details (I live in WA and the REAs here do the…[Read more]

AusProp,
have you ever heard of such a thing? As I haven’t. That doesn’t say it does not happen, but does a loan not come under Contract Law? Offer and acceptance? They 9the bank make the offer) and you then accept it, hence any withdrawal could have major ramafactions for the Bank as well as neg. publicity (which they sooo love).

Your…[Read more]

Tony,
good way to get us involved in your post.

ooops, sorry, wasted your my time again.

Cheers

C@34

You got my vote Yorker!

It should be a pre-requisite!

Cheers

C@34

Hi Landburn,
there has been some discusion on this in the past. The general concensus (??spelling??!) is that you don’t do it on the market value, you do it on the amount of money you put into the porperty. This would give you a return on the money you have invested! It has also been mentioned that it is not the best method for measuring your…[Read more]