Hi dan

I have a brother in law who is in real estate in Atlantic City in New Jersey. A fair way from where your interests are but if he can help (and maybe make a dollar finding any deals) I am sure he wouldn’t mind.

Let me know and I will pass on his email.

Regards

markk
Happy Hunting
http://www.kentscollections.com

Hi Sanquar

Welcome to the forum.

Most zonings in Queensland are regulated by the council in which the property stands. You can fins some of these details at the individual council web sites but generally you are better off contacting that council for the specific location.

If you looking at a particular development-ASK if its okay and then get…[Read more]

Hi Kerri

I had a look at Jacobs Well about 12 months ago when they were starting to do some work. Some of it didn’t look too bad but I thought property prices were up there then. What are they like nopw??

The other problem with JW is getting there. It’s a fair trip from the M1 to JW thru a lot of farming contry. I wonder if this will slow the…[Read more]

Hi Brian-and welcome

Dazzling is pretty much on the mark. A lease is only as good as the tenant so it wouldn’t hurt to find out how long he has been there and if there have been any problems during that time (eg arrears of rent). If things are sweet and he has been in occupancy for a while, hopefully things will stay good. If there are problems…[Read more]

Hi Paul

I am on the coast too and it is interesting to watch the ever changing skyline.

Your friend’s but may not be too bad but it is on the main road (noisy) and that might limit holiday renatls when times are slow.The body corp is also a bit steep so it makes it hard to earn a dollar even with a rent guarantee. Mind you most body corps are…[Read more]

To entice tenants, put some peas near a hole in the ice where your cave is and when the bear comes up for a pea, kick him in the icehole.

Oldie but goodie

markk
Happy Hunting
http://www.kentscollections.com

Originally posted by lifeX:
If the bear tenants are tourists from down south, how many vacancies do you expect?

How can you get further south than the Antartic. Wouldn’t you then head North??

Live, Learn and Grow

Lifexperience

markk
Happy Hunting
http://www.kentscollections.com

Hi Crashy

I’d suggest that you make sure that it’s not a council water supply issue first (yellow water doesn’t sound like it is). But call you council anyway, make a complaint they will probably send someone out and if they say it’s a health issue, they can be the ones to make the owner fix the problems so you are not perceived as a whinging…[Read more]

Buy family and friends the alcohol YOU like, then invite them to your place for Christmas drinks.

markk
Happy Hunting
http://www.kentscollections.com

“Life’s too short to drink bad wine”

markk
Happy Hunting
http://www.kentscollections.com

Originally posted by summer:
Just a question for Debtdog if you have taken someone to court and the court has ordered them to pay you the outstanding amount can you get these funds out of the person?? Even if they never have any money etc?

Hi Summer

Sure there are cases where the debtor has no money and seems hopeless but we usually carry out…[Read more]

quickest and cheapest is a search of the local council records

markk
Happy Hunting
http://www.kentscollections.com

Hi Yack

I know we have discussed most of this but as far as their credit records are concerned, the court actually lodges the judgment details with Baycorp. Check with the actual Mags court where you regsitered your judgment and make sure they have notified Baycorp. That should carry on.

If one of them is a physiotherapist then the state branch…[Read more]

The easiest way is to ring the agent who sold it. If they think you are interested in similar properties, they will tell you the sale price of that one. “Iv’e been looking around Holland Park and liked a house at Stonyfell Crt. Do you have any similar in the same price range? What did Stonyfell Crt sell for?

There are government based facilities…[Read more]

Thanks Terry W

Thought it was something like that. I think I will get Trust Magic as suggested by Richmond. That will give me some insight

PS Richmond-Love their mission statement at http://www.gatherumgoss.com/

markk
Happy Hunting
http://www.kentscollections.com

I guess there is always someone who will have a problem with regular finance but I agree that with the saturated broker market and every financial instition under the sun trying to lend money, there are not as many wrap deals around.

As a sideline I use lo doc for my dealings but haven’t been able to get above 80% LVR. Who is doing 90%? (so I can…[Read more]

Hi DavidM

IUt shouldn’t negate anything but you will need to make sure that there is some documentary proof as to the 99/1 set up.

Probably a greater concern is that if it isn’t your intention that the other party receive the full property entitilement in the event of your death (which is the effect of joint tenancy) it should be held in the…[Read more]

Just on the issue of trusts, does the actual distribution to the beneficiaries take place (eg you sell a property owned by a trust and make a profit of $20000.00, are you required to distribute to say four beneficairies @ $5000.00 ea for the purpose of the trust). I assume the beneficiaries then have to declare the income annually on their tax…[Read more]

I am on the Gold Coast as well. Interested to hear what you might have in mind

markk
Happy Hunting
http://www.kentscollections.com

g1

The cheapest (but not necessarily the best) is a real estate agent particularly if they think you are going to list your property with them. If you want it in writing, some will charge a small fee. But ALWAYS get several opinions if you choose an agent. They can vary considerably. It’s value is what someone will pay for it and some agents will…[Read more]