Total Members: 158,198

GiumelliGroup

  • GiumelliGroup replied to the topic ROLLING THE DICE – advice needed please. in the forum Help Needed! 12 years, 10 months ago

    Hi Parraboy,Good to see your a blue and yellow supporter that's always a good start.You have to have a clear and defined strategy going forward for the next 10 years of what you would like to achieve from your portfolio. For me personally i will not buy anything that does not see a minimum of 10%pa in capital growth and a rental yield of 7% + in…[Read more]

  • GiumelliGroup replied to the topic Self Managed Super Fund and Investment Properties in the forum Help Needed! 12 years, 10 months ago

    Qlds007 wrote:
    Sorry Trent that is clearly untrueFirstly you can only purchase a completed house not house/land where by the super fund buys the land and builds I have done many of these in my SMSF.Funding the deal maybe a different matter but again that can be acheived albeit a bit around the houses.You can purchase vacant land, construct,…[Read more]

  • GiumelliGroup replied to the topic Self Managed Super Fund and Investment Properties in the forum Help Needed! 12 years, 10 months ago

    Its a great way to purchase but as always it has some good & bad points.Firstly you can only purchase a completed house not house/land where by the super fund buys the land and builds the house the banks wont do it. As previously stated accountant NEEDS to know what they are doing and make sure they explain all the good & bad points before you…[Read more]

  • GiumelliGroup replied to the topic Surat Basin – which town to invest in? in the forum Creative Investing 12 years, 10 months ago

    Matt, you can pretty much bank on around $1400 – $1500 per square meter but it really comes down to your inclusions! Our homes are built for around the 270k mark which include Chef, Westinghouse & sometimes Miele appliances which is a big difference to the Chinese crap available as we usually build 5 at a time.i.e. worst case $1500 x 200m2 =…[Read more]

  • GiumelliGroup replied to the topic Surat Basin – which town to invest in? in the forum Creative Investing 12 years, 10 months ago

    If you need any further information with regards of where to and not too purchase in Chinchilla we're more than happy to help!

  • GiumelliGroup replied to the topic House and land packages Gladstone in the forum Help Needed! 12 years, 10 months ago

    Hi Natasha,We have quite a few clients coming in from WA as they are very like minded to us QLD'ers although i'm a ring in from south of the boarder. Gladstone is a great region to buy in and yes you do have to be wary of what you buy but what you probably dont know is there is 5 main builders in the area with 2billion real estate/marketing…[Read more]

  • GiumelliGroup replied to the topic RICH DAD, POOR DAD! in the forum General Property 12 years, 11 months ago

    Was one of the first investment books i read and changed my life. Great starting point!

  • GiumelliGroup replied to the topic Mining Towns in the forum People truly don’t realise 12 years, 11 months ago

    People truly don't realise the wealth throughout the Surat & Bowen Basins. Our clients whom have purchased in Chinchilla have seen 50k in capital growth over the past 6 – 12 months. Roma clients have seen solid capital growth also but the rents have remained very high even through the tougher times. Now is the time to buy as it is going to go…[Read more]

  • GiumelliGroup replied to the topic Surat Basin – which town to invest in? in the forum Creative Investing 12 years, 11 months ago

    Hi there,The best place to invest really comes down to what you want out of the investment personally. See below- Dalby – would be careful here right now due to flooding and over supply. On the plus side it is a great town with a lot of backing, only an 1.5hrs from Toowoomba & 3hrs from Brisbane and is the gateway to the Surat Basin. – Chinchilla…[Read more]

  • GiumelliGroup replied to the topic List of financiers to be very wary of. in the forum Opinionated! 12 years, 11 months ago

    gronk007 wrote:

    AIF QLD wrote:
    Hi all,As we are all a community hear, I thought i would share some of our experiences we have recently had with a couple of finance groups that you should all be very wary of and make a list of it to keep everyone informed.Firstly a group going by the name of Columbus Capital, our group has had all sorts of…[Read more]

  • GiumelliGroup replied to the topic watch out !! 465-481 Wentworth Ave TOONGABBIE in the forum General Property 12 years, 11 months ago

    I cannot believe this tool is still in operation. We had issues with him many years ago whereby the state & federal police were involved, along with the all the mainstream lenders had stopped lending to them. BE VERY WARY OF BHART & his groups they are not very nice people.

  • GiumelliGroup replied to the topic Joint Ventures/Money Partners – Advice in the forum Finance 12 years, 11 months ago

    Mark,Word of mouth is the best way to get people involved. Why dont you go back to your other investors and see if they have friends/family whom want to do something like what you are saying. From my experience it all comes down to the return $$$.

  • GiumelliGroup replied to the topic Loan for house and land package within a Super Fund in the forum Finance 12 years, 11 months ago

    Guys,The only way this can be done is if the developer/builder issue a COS on the completed property or combined house land package full purchase amount all on one contract so the construction element is taken away from the scenario. The developer/builder will then have to construct the property off their own backs so meet the bank regulations.We…[Read more]

  • GiumelliGroup replied to the topic No Job and $200 000 Cash… in the forum DougieQLD,
    We have a few
    12 years, 11 months ago

    DougieQLD,We have a few options that might interest you and it doesn't require you to have a job. Excellent returns of up to 5% per month and no this isnt a joke – money makes money.If your interested to know more feel free to contact me on the below details.Regards, Trent

  • GiumelliGroup replied to the topic List of financiers to be very wary of. in the forum Opinionated! 12 years, 12 months ago

    Whom were you dealing with at STA? Was its Gary aka Gurkan Secersi?

  • GiumelliGroup replied to the topic New Investor – Glastone in the forum General Property 12 years, 12 months ago

    Pommy Ian,There is limited stock available in Gladdy, when it comes on it is snapped up very quickly as there are quite a few people whom are similarly minded as you. We have some stock up there available now ranging from 300k – 600k. How much did you want to spend?Feel free to give me a call or drop me an email for further info.

  • GiumelliGroup replied to the topic Custodian Wealthbuilders in the forum Help Needed! 12 years, 12 months ago

    All of the above is pretty standard stuff really… We advise clients of the same thing, don't charge for it however a point of difference for us is following the mining booms throughout the Surat & Bowen basins. John has made his fortune through property i am led to believe and does it extremely well, not much can go wrong with this advice if you…[Read more]

  • GiumelliGroup replied to the topic List of financiers to be very wary of. in the forum Opinionated! 13 years, 1 month ago

    All checked out from both the referring party whom we have had dealings with for many years and the new companies references whom were personally known to our group through other dealings.

  • GiumelliGroup replied to the topic Finding a builder of units / unit block in the forum Help Needed! 13 years, 1 month ago

    There are builders around whom will do that, I have two groups you can speak too listed below:Ken Cornwall 0411 136 599 is a good friend of mine & based on the Sunny Coast whom builds this style of buildingGlobal Group – Barry Jakeman 07 3236 9000 based in Brisbane are larger more commercial builders but they will do the smaller stuff if required.

  • GiumelliGroup replied to the topic Finance for a block of 4 units in the 1 title in the forum Finance 13 years, 1 month ago

    CBA or Adelaide bank will do this type of security!

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