PropertyInvesting.com | jhk2770 | Activity https://www.propertyinvesting.com/members/jhk2770/activity/ Activity feed for jhk2770. Sun, 03 May 2026 14:53:09 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 a669f0487b94c6dbf1c73af3f56cf5f7 jhk2770 replied to the topic debt agreement administrator in the forum Finance https://www.propertyinvesting.com/topic/4410372-debt-agreement-administrator/#post-4697025 Thu, 05 Dec 2013 19:44:12 +0000 HI Terry and Richard,
A debt agreement administrator is someone who administers part IX debt agreements on your behalf to creditors and is one step away from bankruptcy.  Due to unemployment and chronic ill health it seems this maybe our only option.  We thought about debt consolidation but not sure.  I just need some sound financial advice with…[Read more]

]]> 8e1349ef1087fb42e2fbec33e0a47ac8 jhk2770 replied to the topic Seminar - Mark Rolton in the forum Creative Investing https://www.propertyinvesting.com/topic/4392726-seminar-mark-rolton/page/11/#post-4584929 Sun, 05 Sep 2010 09:44:55 +0000 Matt007 wrote:
yeah I don't know that I'd be giving away considerable splits of the profits if I'm taking on all the risk of the DA/legals/marketing etc. I'd pay the finders fee and a success fee if the option was negotiated for the terms I set out, on settlement or onsale of the option, but I don't know if I or anyone I deal with would enter…[Read more]

]]> 4e9d980fff8076012522dcb549d9921a jhk2770 replied to the topic Seminar - Mark Rolton in the forum Creative Investing https://www.propertyinvesting.com/topic/4392726-seminar-mark-rolton/page/11/#post-4584926 Fri, 03 Sep 2010 12:34:00 +0000 Terryw wrote:
Who is he and what is the focus of the seminar?

I beg to differ…however, even if it is the hardest part of the development process…its not deserving of a jv or 50/50 split especially when there is no equal share in option fee and ongoing costs in the deal!!

]]> da86bb6c6fc944cee625c5d7172acd0f jhk2770 replied to the topic Seminar - Mark Rolton in the forum freerenterprise https://www.propertyinvesting.com/topic/4392726-seminar-mark-rolton/page/11/#post-4584924 Fri, 03 Sep 2010 11:54:49 +0000 freerenterprise wrote:
Correct Matt007. Engaging me as your Buyers Agent would involve a JV or 50/50 profit share agreement on successful 'acquisition' or signing of an option or on settlement/onsale of the option. I worked exclusively for vendors for over 10 years, now working for buyers most of my time and creating WIN/WIN/WIN scenarios is…[Read more]

]]> 34a52cacdc0013e6fc418947d2257f76 jhk2770 replied to the topic Seminar - Mark Rolton in the forum Creative Investing https://www.propertyinvesting.com/topic/4392726-seminar-mark-rolton/page/11/#post-4584923 Fri, 03 Sep 2010 10:50:50 +0000 Massland have gone down that path of acting as Buyers Agents as well…like most Project Marketers!…but this is the thing…they send a beacon out to their students to look for suitable sites for development on their behalf!…referral fee??..not sure!.

]]> a3b7a9a3773aaa39cb402e9f2279b91d jhk2770 replied to the topic Seminar - Mark Rolton in the forum Creative Investing https://www.propertyinvesting.com/topic/4392726-seminar-mark-rolton/page/10/#post-4584916 Fri, 03 Sep 2010 00:16:08 +0000 Terryw wrote:
Why type in capital letters?

Hi Terry,Yeh, I know…sorry.  It must annoying to read!I hope people don't think I'm making bold statements either with the caps..its just lazy typing..in avoiding the shift key with the pinky finger.  In the middle of publication writing with other commitments..and so writing in caps on here is a n…[Read more]

]]> 05ad57ca264666b909d1fd1a67aa6826 jhk2770 replied to the topic Seminar - Mark Rolton in the forum APOLOGIES TO ANYONE I MAY https://www.propertyinvesting.com/topic/4392726-seminar-mark-rolton/page/10/#post-4584914 Thu, 02 Sep 2010 23:43:32 +0000 APOLOGIES TO ANYONE I MAY HAVE OFFENDED!!…AS PER MODERATOR COMMENT!!PEOPLE NEED TO BE AWARE THAT MASSLAND MAKE ALOT THROUGH SHORT OPTION DEALS OF POSITIONING THEMSELVES IN THE MARKET!…AND ONSELLING THE OPTION (WITH NO DA) TO THE BUILDER-DEVELOPER, WHO WOULD THEN OBTAIN THE DA OUT OF THEIR OWN POCKETS…SO THE FIGURES YOU SEE IN THE ABOVE…[Read more]

]]> 39106fada0b5139e05c8ba5ce22de1a6 jhk2770 replied to the topic Seminar - Mark Rolton in the forum Creative Investing https://www.propertyinvesting.com/topic/4392726-seminar-mark-rolton/page/10/#post-4584910 Thu, 02 Sep 2010 10:51:02 +0000 DWolfe wrote:
Thanks Phatcat!I am a bit too tall to be a jockey. 25% is a minimum. If there is more in the deal and YOU are an equal partner in work, time commitment etc then YOU should be looking for 50% of the profit as you are doing equal work. If you are doing no work then 23% is a great return. I honestly couldn't care less about Massland…[Read more]

]]> a3e7588c7e21579e55e34e0e148c13dd jhk2770 replied to the topic Seminar - Mark Rolton in the forum Matt007 wrote:IWhat I know, https://www.propertyinvesting.com/topic/4392726-seminar-mark-rolton/page/10/#post-4584902 Thu, 02 Sep 2010 03:58:21 +0000 Matt007 wrote:
IWhat I know, is how many people have contacted me offline from here and somehow directly from their courses, with experiences about Conclave, the seminars etc and could I help them get their money back.. I've declined each time for the record. What I know is the responses I got when I went and spoke to the people who were &…[Read more]

]]> 350814eafeaba539de7604e5f84e37d5 jhk2770 replied to the topic Seminar - Mark Rolton in the forum Creative Investing https://www.propertyinvesting.com/topic/4392726-seminar-mark-rolton/page/9/#post-4584895 Wed, 01 Sep 2010 02:54:14 +0000 Sash wrote:
Also the RP Data monthly access to their multi-license used to be $60 p/m and now is $179. This seems absolutely ridiculous. How can the price triple? I emailed them and they said that RP data increased their prices. Jumping from $15 p.w to $45.Does anybody know how much RP data additional licenses like this cost? How much would…[Read more]

]]> 446418c4e1b75f77029cd656453747b3 jhk2770 replied to the topic For Sale in a Brisbane growth area, 6.3% yield (b4 depn) - seller wants your feedback in the forum Help Needed! https://www.propertyinvesting.com/topic/4400133-for-sale-in-a-brisbane-growth-area-6-3-yield-b4-depn-seller-wants-your-feedback/#post-4625469 Sat, 05 Jun 2010 23:03:22 +0000 maybe you could offer them vendor finance.  There are some people on this forum that can help you do that.

]]> 5a5a54dae06ea111394c3ac82ed50b04 jhk2770 replied to the topic How to pick a property that is suitable for subdivision in the forum you need to check council https://www.propertyinvesting.com/topic/4400123-how-to-pick-a-property-that-is-suitable-for-subdivision/#post-4625426 Sat, 05 Jun 2010 12:01:47 +0000 you need to check council codes for minimum size lots for a subdiv.  Most differ..  Don't get caught out like most.My advise, would be to to talk directly with the council town planner on duty. Most are helpful.

]]> 5e14cd5a5df1da513f19901066540005 jhk2770 replied to the topic CBA TIme Frame in the forum Finance https://www.propertyinvesting.com/topic/4398745-cba-time-frame/#post-4616927 Tue, 16 Mar 2010 21:21:37 +0000 who said it took 2.5months or even 3??  …as I said….you don't know the situation!…..so just stop assuming!my broker…did the best she could in whatever time we had available to seal the deal!thanks for your interest in my situation in anycase!…..much appreciated! have a good one!:)

]]> 50ca8ec5e2056467ea9454b6db87948d jhk2770 replied to the topic CBA TIme Frame in the forum Finance https://www.propertyinvesting.com/topic/4398745-cba-time-frame/#post-4616925 Tue, 16 Mar 2010 13:33:27 +0000 blah blah blah!!  As I said….you are full of assumptions!   now what makes you think we didn't do what you mentioned!!…pfftttt!.If my broker didn't think the deal was gonna come through…then she wouldn't of bothered lodging it.  Unfortunate for me….CBA had ramped up their credit criteria!…and despite my explanations on credit histo…[Read more]

]]> 837f2eabd5c97064a4ea5b98dbee7cc1 jhk2770 replied to the topic CBA TIme Frame in the forum Finance https://www.propertyinvesting.com/topic/4398745-cba-time-frame/#post-4616923 Tue, 16 Mar 2010 12:01:04 +0000 Banker!…hahahaha…48hrs….yeh…for someone with a clean credit history and who has good income!I just think thats a big assumption to make!  I've been told by others that CBA can take upto 2weeks or so as well!  I think its more the position you probably have with CBA, and the type of clients you lodge applications for…maybe you go for the…[Read more]

]]> 71760e0b44949806428a6127cde13b03 jhk2770 replied to the topic CBA TIme Frame in the forum Finance https://www.propertyinvesting.com/topic/4398745-cba-time-frame/#post-4616921 Tue, 16 Mar 2010 05:08:32 +0000 Okay!……….so CBA turned us down….due to credit enquiries….even after my broker argued our case with 5 reviews!!..with the State and National Credit Manager!…but no luck!  It took them 3 weeks to come up with that decision!…grhhh!Our broker then lodged our app with Bankwest!….they got back to us in 14days with GOOD NEWS as of…[Read more]

]]> d0bf55a496c43edf598698bc9cc4ecbd jhk2770 replied to the topic Best Caveat Deal in the forum Finance https://www.propertyinvesting.com/topic/4399015-best-caveat-deal/#post-4618651 Tue, 09 Mar 2010 05:30:39 +0000 ok.  I understand how it works.  Maybe not worth pursuing!

]]> 3d26b2a90df76a390350f45988520f5e jhk2770 replied to the topic Best Caveat Deal in the forum Finance https://www.propertyinvesting.com/topic/4399015-best-caveat-deal/#post-4618649 Mon, 08 Mar 2010 04:59:57 +0000 He is owing $255K  on the property.He has tried approaching conventional lenders, but he has a default on credit history from 2006 (under $300) and he needs funds immediately.  It is for investment purposes.

]]> 741d6c5f1f325757d7d2c3e385f22a3f jhk2770 replied to the topic Best Caveat Deal in the forum Finance https://www.propertyinvesting.com/topic/4399015-best-caveat-deal/#post-4618640 Sat, 06 Mar 2010 06:42:36 +0000 Hi Richard,An agent appraisal valued his home for $320K.  I'm not sure how these things go….I'm just guessing…..would LVR be 90% for $32K caveat?Yes….the security is residential in NSW.

]]> d5db563e4d954680475f01a0d93fc776 jhk2770 replied to the topic CBA TIme Frame in the forum Finance https://www.propertyinvesting.com/topic/4398745-cba-time-frame/#post-4616918 Mon, 15 Feb 2010 11:20:14 +0000 My broker was saying it had been nearly 7 years since she had CBA come back and ask for explanation of 3 declines on someones credit history.  She was saying that lately banks are becoming testing and more difficult to work with.  Is this happening with yourselves???..Richard, TerryW??..or any other brokers out there.  Hmmm…not sure if thats…[Read more]

]]> 86484b21b866aa2ab91c4b5f46d0341b jhk2770 replied to the topic Seminar - Mark Rolton in the forum Creative Investing https://www.propertyinvesting.com/topic/4392726-seminar-mark-rolton/page/8/#post-4584865 Sun, 14 Feb 2010 03:46:49 +0000 I also agree MC!!   Well put! Taking Action is key!

]]> 1527ae4caaaf34ab75590ee86c6ca32a jhk2770 replied to the topic CBA TIme Frame in the forum Finance https://www.propertyinvesting.com/topic/4398745-cba-time-frame/#post-4616912 Sat, 13 Feb 2010 22:01:50 +0000 Thanks Richard!As of Friday gone, its been 2 weeks since we lodged our application.  We did get a response last Wednesday to explain 3 declines on our credit history, which I did.  Haven't heard back from them since.   Hmmmm….I hope to get put out of my misery come this week…either way!. I need an answer by next Friday.

]]> 9d5defe474f2da109cff40a65ee10f5e jhk2770 replied to the topic Setting up a Development Company. in the forum Finance https://www.propertyinvesting.com/topic/4398715-setting-up-a-development-company/#post-4616728 Sat, 13 Feb 2010 08:25:05 +0000 Hi AD,Obviously with setting up any business you will need a good property saavy solicitor and accountant.  We made sure we got this right before starting anything else.  Building a good team of experts and advisors around you is paramount.  Adrian and Amber will guide you through all the necessary steps to building your own property de…[Read more]

]]> 40c87afb171814fa8b543c38ff2164cb jhk2770 replied to the topic Setting up a Development Company. in the forum Finance https://www.propertyinvesting.com/topic/4398715-setting-up-a-development-company/#post-4616723 Thu, 11 Feb 2010 13:48:52 +0000 I forgot to mention that they feature in API magazine on a regular basis!

]]> 49b10cf0fec4ebbdd530121e2df6cc91 jhk2770 replied to the topic Setting up a Development Company. in the forum Finance https://www.propertyinvesting.com/topic/4398715-setting-up-a-development-company/#post-4616722 Thu, 11 Feb 2010 13:33:54 +0000 check out:http://www.realestatedevelopmentclub.com/If you are serious about it, these people will guide you to building your own property development business.They are mentors of ours, and are guiding us to builidng our own.  Great people!  Genuine!Hope this helps!

]]> e907cb17688a798fbfab038da6b1521a jhk2770 replied to the topic Gifted Funds in the forum THANKS GUYS!! https://www.propertyinvesting.com/topic/4398551-gifted-funds/#post-4615909 Sun, 31 Jan 2010 22:42:54 +0000 THANKS GUYS!!

]]> 47eb68dd87a5dc804dbad5c050c0951d jhk2770 replied to the topic Limited Guarantor & Equity in the forum Finance https://www.propertyinvesting.com/topic/4398205-limited-guarantor-equity/#post-4613685 Sun, 03 Jan 2010 22:21:28 +0000 Thanks Terry and Richard!!

]]> ccdaa15793a86c18cb1ae5bb4971096c jhk2770 replied to the topic Limited Guarantor & Equity in the forum Finance https://www.propertyinvesting.com/topic/4398205-limited-guarantor-equity/#post-4613683 Sun, 03 Jan 2010 13:15:14 +0000 Guarantor Property – $380,000Applicant Property – $309,000Have I provided the right values??  Do you need other??

]]> 3171fc73e3c2866f5bb71c2193353824 jhk2770 replied to the topic Limited Guarantor & Equity in the forum Finance https://www.propertyinvesting.com/topic/4398205-limited-guarantor-equity/#post-4613681 Sun, 03 Jan 2010 06:06:18 +0000 Can you give me figures?

]]> cb97a79be8e25b721b56034e48b956be jhk2770 replied to the topic 95% LVR 5% non genuine savings loans! in the forum oh.......who ultimately https://www.propertyinvesting.com/topic/4398109-95-lvr-5-non-genuine-savings-loans/#post-4613145 Sat, 19 Dec 2009 04:31:02 +0000 oh…….who ultimately funds those type of loans?……..do they fund it themselves?

]]> 2a88eb15ee8ad1e10b1f279efd878550 jhk2770 replied to the topic 95% LVR 5% non genuine savings loans! in the forum Finance https://www.propertyinvesting.com/topic/4398109-95-lvr-5-non-genuine-savings-loans/#post-4613144 Sat, 19 Dec 2009 04:17:52 +0000 Hi Richard,Do you broker these sort of loans??  If so, with who??

]]> 44c8473e4d8bfb8bb073e320af8bb039 jhk2770 replied to the topic Does marital status determine whether either spouse can apply for finance as a single applicant?? in the forum Finance https://www.propertyinvesting.com/topic/4397984-does-marital-status-determine-whether-either-spouse-can-apply-for-finance-as-a-single-applicant/#post-4612434 Thu, 03 Dec 2009 20:10:37 +0000 Can you also tell me.  Does every lender require you provide PAYG payment summaries alongside with payslips for proof of income when applying for finance??

]]> e8f4b65137b9997473edb8edfcef8683 jhk2770 replied to the topic Does marital status determine whether either spouse can apply for finance as a single applicant?? in the forum Finance https://www.propertyinvesting.com/topic/4397984-does-marital-status-determine-whether-either-spouse-can-apply-for-finance-as-a-single-applicant/#post-4612433 Thu, 03 Dec 2009 20:09:11 +0000 Hi Terry,I meant, if the couple are married, can one apply for the loan??

]]> 4786e7d8c786e20075b476c5531e6b3c jhk2770 replied to the topic Seminar - Mark Rolton in the forum Creative Investing https://www.propertyinvesting.com/topic/4392726-seminar-mark-rolton/page/6/#post-4584826 Thu, 19 Nov 2009 20:33:18 +0000 TCLinvestments wrote:
OOOOH , Darling, Never been called that before

LOL!!,,,too funny!

]]> 4f00ad5dc8472b74aafaf7747824192c jhk2770 replied to the topic Seminar - Mark Rolton in the forum Creative Investing https://www.propertyinvesting.com/topic/4392726-seminar-mark-rolton/page/6/#post-4584825 Thu, 19 Nov 2009 20:31:31 +0000 Quinn Petrie wrote:
Thanks for the reply, I tried to contact Mark but have only been able to speak to his sales team at Massland. I have already requested to speak to any of their students who are using options based in Victoria. Due to privacy reasons they could not give me any details! I have also looked into his “splitter course” which see…[Read more]

]]> 63b401e3dcd9841efe3577659259d361 jhk2770 replied to the topic Help for first time property investor in the forum Help Needed! https://www.propertyinvesting.com/topic/4397500-help-for-first-time-property-investor/#post-4610183 Thu, 15 Oct 2009 11:33:51 +0000 Check out http://www.redarmchairentrepreneurs.com.Get yourself a good property savvy solicitor and accoutant.  Then find yourself a Town Planner in the local area.Cheers.

]]> 7e1663f426d768ec808f82f3c0cf66d6 jhk2770 replied to the topic Agents Referral Fee in the forum Help Needed! https://www.propertyinvesting.com/topic/4397400-agents-referral-fee-2/#post-4609838 Thu, 01 Oct 2009 23:52:19 +0000 Can you give me info on both or all scenarios of referral fees

]]> d2a13c05f3a95a87c464caee8ba1e7cb jhk2770 replied to the topic Recommendations for Property Development Savvy Accountant - Brisbane QLD in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4397375-recommendations-for-property-development-savvy-accountant-brisbane-qld/#post-4609577 Tue, 29 Sep 2009 00:13:54 +0000 Hi Qlds007,Thats fine.  Can you post up details?

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