Jason replied to the topic Helped needed with buying a Business in the forum Help Needed! 19 years, 4 months ago
Thanks to everyone for their responses… Yes I will definately see an accountant. There are 72 franchises opened with more following and they are returning over 20% PBT so doing quite well.
I am definately going to also do my due dilegence and marketing to make sure the business is viable.
Thanks to everyone. I hope if anyone can help they can email
Jason replied to the topic Helped needed with buying a Business in the forum Help Needed! 19 years, 4 months ago
Thanks to everyone for their responses… Yes I will definately see an accountant. There are and they are returning over 20% PBT so doing quite well.
I am definately going to also do my due dilegence and marketing to make sure the business is viable.
Jason replied to the topic Questions, Questions Questions in the forum Help Needed! 19 years, 6 months ago
HI Luci and thanks for you reply…
To say that I might not be “educated” enough is not quite correct.
I have read tons of books on property investment and attended heaps of seminars(John Burley, Steve etc). In fact, I think, while we always need to educate ourselves and I don’t know every thing, I think it is time I took action and stop…[Read more]
Jason replied to the topic Questions, Questions Questions in the forum Help Needed! 19 years, 6 months ago
Hi Mortgage Advisor,
How are you able to borrow more than 95% of the property value on a first mortgage.
I was under the impression (working for a major bank myself) the maximum you can borrow is 95%.
Do other lenders do more?
thanks
Jason
Jason replied to the topic Which City/Suburb you live? in the forum Forum Frolic 19 years, 8 months ago
HI Jason here,
I live in the Melbourne City…
Used to live in Caroline Springs and just sold this house…
Going to be doing my first ip soon…
See Ya