PropertyInvesting.com | HulaQueen | Activity https://www.propertyinvesting.com/members/hulaqueen/activity/ Activity feed for HulaQueen. Mon, 13 Apr 2026 13:56:54 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 bc07dff9b23f2a4f9d93e143d96f6ea2 HulaQueen replied to the topic nsw government proposal in the forum General Property https://www.propertyinvesting.com/topic/4369690-nsw-government-proposal/#post-4441869 Sun, 30 Nov 2003 02:17:42 +0000 They’ve had this in Canada as long as I can remember. You can borrow up to 20K from your RRSP (like the super) and have to pay it back in installments over a set number of years. Don’t now all the details, but it seems to have worked well. I have quite a few friends that have used it to purchase a house.

One difference – in Canada the RRSP is…[Read more]

]]> 2daafd74d029bf2cc80ec846124ee83e HulaQueen replied to the topic Brisbane Property Investment Support Group in the forum Forum Frolic https://www.propertyinvesting.com/topic/4369021-brisbane-property-investment-support-group/#post-4436401 Sun, 26 Oct 2003 22:25:45 +0000 The email address is the first post is wrong – it’s likely:

rallerton@optusnet.com.au

I’m in for a Brisbane get together!

Sheryl
sheryl_duruz@yahoo.com.au

]]> 3cded27167c46b5ace58e3182726cd41 HulaQueen replied to the topic Change of contract once exchanged in the forum General Property https://www.propertyinvesting.com/topic/4368937-change-of-contract-once-exchanged/#post-4435636 Wed, 22 Oct 2003 05:01:13 +0000 What contract did you mean to sign, vs the normal contract you signed?

It might be best to talk to your solicitor to see what options you have. Did you have the discounted agreement in writing anywhere? If you friend is reasonable and accepts the error, he might happily let you rescind and redo the contract. However if there is confusion you…[Read more]

]]> ffbe6066073be0629a9ddfa920e663b7 HulaQueen replied to the topic The Lemon Pack in the forum The Lemon Pack https://www.propertyinvesting.com/topic/4368880-the-lemon-pack/#post-4434887 Mon, 20 Oct 2003 00:27:43 +0000 Here’s the link to this product of Steve’s called the “BuyerBeware – Five proven templates delivering critical information to protect you from buying a property investing lemon!”.

https://www.propertyinvesting.com/resources/1

Cheers!
Sheryl

]]> c41dc9840439bdb97ab9890ae6e5d8bc HulaQueen replied to the topic shafted by SMH in the forum Hotch Potch https://www.propertyinvesting.com/topic/4368817-shafted-by-smh/#post-4434319 Thu, 16 Oct 2003 20:35:47 +0000 This happened to us recently – our add did not appear the day it was booked. We called the paper and they are running it twice for us (once free) to make up for it.

Call the company, let them know that you didn’t get what you paid for. They should be able to offer you something – partial rebate, discount on next purchase etc.

If you’re…[Read more]

]]> a6a576e07e4301427f489d732026403a HulaQueen replied to the topic reno kings? in the forum General Property https://www.propertyinvesting.com/topic/4368685-reno-kings-2/#post-4433615 Mon, 13 Oct 2003 22:35:49 +0000 The best search engine ever is the free one you can download at http://www.copernic.com

It searches almost all other search engines simutaneously, clears out duplicates and orders the results in terms of how good they are! Try it!

Cheers!
Sheryl

]]> 4dc3151c94cb9dda0e991fe49fc69a66 HulaQueen replied to the topic Wheatgrass Juice in the forum Forum Frolic https://www.propertyinvesting.com/topic/4368712-wheatgrass-juice/#post-4433778 Mon, 13 Oct 2003 20:15:38 +0000 Piers and I have about 12 trays of wheatgrass growing in the backyard!! We juice it almost everyday! YUM!!

It’s best diluted in water or mixed with other juices to hide the flavour! Yes it does taste like grass!

One delicious drink – wheatgrass, fresh juiced pinapple, and the water from one coconut (also fresh). I call it my wheatgrass…[Read more]

]]> 63c4703d9df790f06ac62424c0c7348e HulaQueen replied to the topic LMI Refund?? in the forum No Subject https://www.propertyinvesting.com/topic/4368658-lmi-refund/#post-4433411 Sat, 11 Oct 2003 10:26:05 +0000 LMI = Lenders Morgage Insurance

This is insurance the banks take out to pay off their lose should you default on your mortgage payments. The LMI pays the extra if the bank sells your house and they are still out of pocket. You don’t see money from LMI ever.

If your LVR is over 80% or you are doing a low/no doc you are often asked to pay for the…[Read more]

]]> f7e4d626f2b3a88b4173e32cd5fb897e HulaQueen replied to the topic buying at auction in the forum General Property https://www.propertyinvesting.com/topic/4368613-buying-at-auction/#post-4433013 Thu, 09 Oct 2003 20:08:11 +0000 You can get a copy of the auciton contract prior to the auction. It’s unconditional – no cooking off period, no finance clause and no pest clause. Basically if you’re thinking of bidding, you need to get finance arranged and inspections done prior to bidding. I’ve always through that a bit of a scam – EVERYONE independantly paying for their own…[Read more]

]]> eed60ab1996dabf588b3d906cc7e55a7 HulaQueen replied to the topic Overcharged Interest in the forum No Subject https://www.propertyinvesting.com/topic/4368574-overcharged-interest/#post-4432759 Wed, 08 Oct 2003 07:32:07 +0000 I did a search using the engine at http://www.copernic.com and found the following options for you:

http://www.interestsavers.com.au/ $99AUD
http://www.statementcheckers.com/hdeluxe.htm $99AUD

Sounds like using one might save you more than $99!

Cheers!
Sheryl
sheryl_duruz@yahoo.com.au

PS I have no association with the companies above

]]> 69ba9aaa42f50116e0e27255cc91a174 HulaQueen replied to the topic Steve & Co, Melbourne Accountant? in the forum General Property https://www.propertyinvesting.com/topic/4368570-steve-co-melbourne-accountant/#post-4432740 Wed, 08 Oct 2003 07:27:23 +0000 Here’s one for you – http://www.gatherumgoss.com

He’s very knowledgeable on property and wrap transactions.

Cheers!
Sheryl

]]> 5bdb196a3b4d51815a5536704a1bbac9 HulaQueen replied to the topic Hurdle to overcome in the forum No Subject https://www.propertyinvesting.com/topic/4368399-hurdle-to-overcome/#post-4431636 Sun, 05 Oct 2003 20:32:44 +0000 Hey Bear1964!

Wrapping is not illegal in SA. ISC have a limitation of allowing only 3 installments I think, which makes them unusable for wraps, however lease options are perfectly legal and used to do wraps in SA.

I know there are some vocal critics of wraps in SA politics, however the sweeping opinions expressed on this so called ‘illegal…[Read more]

]]> 668c34eb174c80c45cfdeb7d6343c08d HulaQueen replied to the topic forming a company in the forum Hotch Potch https://www.propertyinvesting.com/topic/4368382-forming-a-company/#post-4431508 Fri, 03 Oct 2003 20:14:06 +0000 Here’s another company that does online company AND trust setup. It’s a new system and linked directly to ASIC. You fill out the forms online, print and sign your paperwork, then send the forms directly to ASIC. About 10 minutes later you have your company ACN and are ready to go! Cost is only $137.50 per company and per trust plus the $800 ASIC…[Read more]

]]> 3ed117f4b3d09ea4c4f375e2b7ab4165 HulaQueen replied to the topic Real Deals ? - 11 second rule in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4368150-real-deals-11-second-rule/#post-4429877 Thu, 25 Sep 2003 01:07:34 +0000 Something to kep in mind – most properties NEVER HIT THE WEB SITES! And alot of what’s on the web sites is months old (left there to bring in business).

We even met one agent that only advertized his expensive ones, all the <115K properties were by word of mouth.

Talk to agents and keep looking. They are there!
Sheryl

]]> b3eafe21e17f63a21a3d79dc079c218c HulaQueen replied to the topic Real Deals ? - 11 second rule in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4368150-real-deals-11-second-rule/#post-4429863 Wed, 24 Sep 2003 02:44:23 +0000 Piers and I just bought one.

Purchase Price: 70K
Rental: $165

Beats the 11 second rules by quite a bit!

The part of your post that is factually inaccurate is the assumption that these houses are renting for more than they are worth. The example I gave you there is a standard rent! Nothing special for that area. Keep in mind that the yield on…[Read more]

]]> ca6706f45b9f1fc54d3303a18748f030 HulaQueen replied to the topic Excel Amortisation Spreadsheet in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4368105-excel-amortisation-spreadsheet/#post-4429615 Mon, 22 Sep 2003 18:18:28 +0000 I’ve never understood why they don’t have a template for amortization included. Actually I just searched – they do! Go to http://office.microsoft.com/templates/category.aspx?categoryID=CT062100761033&CTT=1&Origin=EC790000701033&QueryID=WW74_J5FD – they have multiple downloadable templates. They even have one for extra payments, which I know some…[Read more]

]]> 7cad6b25cd19b9d45901079ee1b467d5 HulaQueen replied to the topic Genius or Dreamer? Your thoughts..... in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4368045-genius-or-dreamer-your-thoughts/#post-4429374 Sun, 21 Sep 2003 23:23:02 +0000 Many people have the credit and the money, but not the knowledge, confidence or time to go out and do it themselves. Most people are THRILLED with a 10% ROI. The idea of a 25%+ investment is very exciting!!

It’s all about selling the service you are offering, and putting the structure in place to protect yourself (eg having them sign the JV…[Read more]

]]> ce8705a36cc4bd419e354110b8143270 HulaQueen replied to the topic Genius or Dreamer? Your thoughts..... in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4368045-genius-or-dreamer-your-thoughts/#post-4429372 Sun, 21 Sep 2003 19:17:24 +0000 Buying with no cash or credit:
All you do is find an investor who likes the idea of the returns you can get. For Wraps you can often offer the investor 25% + on their money, which is very attractive. You have a Joint Venture Agreement drawn up between the two of you. The usual cashflow split is 50/50. Some investors have done JV’s for Buy & Holds…[Read more]

]]> 4378c492d4aa4aa1680833224a040fd5 HulaQueen replied to the topic finders fee in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4368037-finders-fee/#post-4429331 Sat, 20 Sep 2003 09:57:11 +0000 Personally I believe your moving in the right direction; it’s great to brainstorm creative ways to make extra money, however I think this is one better left alone.

My opinion: you need to talk to the bank you work for; the opinions of people here don’t count for anything when you’re looking at what’s accepted, legal and ethical in this specific…[Read more]

]]> bb9873c2a5c69b6b82002c3d1fa434a7 HulaQueen replied to the topic What do I do now? in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4367940-what-do-i-do-now-2/#post-4428782 Thu, 18 Sep 2003 22:36:18 +0000 Out your offer in NOW before you lose it, and include a 21 day finance period. With the leverage of a good deal behind you you WILL find a way. Why risk losing it by searching for all the answers before getting it under contract. Piers and I bought a propery earlier this week, and beat out two other investors (one who was getting finance arranged…[Read more]

]]> 7a0af93a943c55d317e742b4b75d0ac1 HulaQueen replied to the topic Need some ideas or help? Psychiatric? Naaah... in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4367881-need-some-ideas-or-help-psychiatric-naaah/#post-4428466 Thu, 18 Sep 2003 22:13:38 +0000 I just immigrated to Australia from Canada. The system surprised me! Piers (Quasimodo and also Australian) was Australian, not even living in Australia, and unemployeed (illegal for him to work in Canada). I applied for spousal immigration and had an answer within four weeks, and the final papaerwork in six weeks.

We put weeks of effort into our…[Read more]

]]> f3b6226a272af8d4985d24010df64444 HulaQueen replied to the topic Jenman's Protection Guarantee for Home sellers in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4367820-jenmans-protection-guarantee-for-home-sellers/#post-4428161 Sat, 13 Sep 2003 20:02:17 +0000 Just something to keep in mind – there are major issues with the real estate industry in Australia, and Jenman does have some very valid points. Remember also that it’s a marketing strategy on his behalf to gain trust and build business for his company. You may be able to accomplish what you want without asking your agent to sign the Jenman form…[Read more]

]]> 24c719f77ff0da4596a69ba8046ea1a1 HulaQueen replied to the topic Wrapees looking for Investors. in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4367736-wrapees-looking-for-investors/#post-4427693 Thu, 11 Sep 2003 11:52:44 +0000 Here are some numbers to consider:

Purchase Price: $400K
Wrap Price: $480K

Assume 20% deposit by investor (80K) and 20K deposit by buyer. On top of that between 12K – 18K payable by investor in transfer duty, and a second transfer duty of 15K – 25K payable by the person being vendor financed (if an Installment Sales contract is used – not needed…[Read more]

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