PropertyInvesting.com | jscott | Activity https://www.propertyinvesting.com/members/jscott/activity/ Activity feed for jscott. Sun, 12 Apr 2026 02:45:03 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 d53dae3e5e4282c054e6ad341068298b jscott replied to the topic Buy & Onsell in WA (Flip?) in the forum Creative Investing https://www.propertyinvesting.com/topic/4384424-buy-onsell-in-wa-flip/#post-4541731 Sun, 26 Feb 2006 02:24:57 +0000 Stamp duty is payable in WA when you have an option to buy on a property, but its only applied to the up-front option fee not the whole price of the house…

]]> 81ede3897f1ef529bd3a400ab55ee90a jscott replied to the topic Accountants in WA in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4383534-accountants-in-wa-2/#post-4537218 Tue, 13 Dec 2005 12:21:14 +0000 Haven’t found ANY in perth that match your criteria, had to go interstate which works fine as well.

]]> 973b73d055fde257e340be5e73eacccd jscott replied to the topic Stealth Investing in the forum Legal & Accounting https://www.propertyinvesting.com/topic/stealth-investing/#post-4536779 Wed, 07 Dec 2005 14:46:18 +0000 Vexil,
What you want to use is called a “Bare Trust”. With a Bare Trust a Beneficiary actually has control over the Trustee. So how people use this is they get a friend to sign the sales contract for a property as the Trustee. You as beneficiary then not only control the whole thing but benefit from the asset as well. The trustee has no claim to…[Read more]

]]> 9c0d010ede485f247069b309785acfb2 jscott replied to the topic Re-asking wrap qu pls: in the forum General Property https://www.propertyinvesting.com/topic/4382319-re-asking-wrap-qu-pls/#post-4530220 Tue, 20 Sep 2005 11:55:52 +0000 Hi Misty1,

My accountant who is experienced with wraps in WA states that a wrappee CAN rent out the property, but most contracts will not allow it without written permission of the wrapper (owner).

]]> 87dbaee1d7f7a2205e488291d232299f jscott replied to the topic wraps in wa in the forum Creative Investing https://www.propertyinvesting.com/topic/4380563-wraps-in-wa-2/#post-4518647 Wed, 01 Jun 2005 10:35:12 +0000 Wraps can definitely be done in WA. You do need to be a licenced credit provider however. You can contact the Department of Employment and Consumer Protection for more info. They have successfully prosecuted people for not holding a licence.
Jason.

]]> 96f22eff519ac65ba38cbc8a535d06e8 jscott replied to the topic Lease Option - Armadale/Kelmscott/Westfield in the forum Creative Investing https://www.propertyinvesting.com/topic/4380174-lease-option-armadalekelmscottwestfield/#post-4515602 Wed, 11 May 2005 14:12:00 +0000 Hi Sean,

I’m actively selling using lease options in those areas if you want to get in contact.
Jason
email

]]> 10dfd01ab7a134374f002023475e5d97 jscott replied to the topic Ok, let's talk lease options... in the forum Creative Investing https://www.propertyinvesting.com/topic/4377697-ok-lets-talk-lease-options/#post-4500263 Sat, 22 Jan 2005 02:13:05 +0000 Why don’t you all ask questions here, then you can save money and not buy the different packs… The Australian Lease Options handbook is a good all-round intro to lease options.

]]> ebc259a17179a93534d7aee6e9de4279 jscott replied to the topic private investors in the forum General Property https://www.propertyinvesting.com/topic/4376898-private-investors-2/#post-4495035 Mon, 08 Nov 2004 14:28:40 +0000 Private lenders funds can usually be secured by way of an unregistered 2nd mortgage with registered caveat or a seperate loan agreement with a registered caveat.
It depends on how much money your putting in. If you were to cover the entire cost of a property for example then you would get the first mortgage.

Another way of doing it, which is…[Read more]

]]> d7c0f166118f1bcb25b62c4c27a1b2dc jscott replied to the topic Wrap Pack Payment Plan in the forum Site Problems / Feedback https://www.propertyinvesting.com/topic/4372860-wrap-pack-payment-plan/#post-4467330 Thu, 15 Apr 2004 06:04:39 +0000 I haven’t received any replies either…

]]> 8f25f388957191f93ba9a3b20bb2fcb4 jscott replied to the topic Steve's Wrap Pack in the forum Hotch Potch https://www.propertyinvesting.com/topic/4372513-steves-wrap-pack-2/#post-4465006 Sun, 04 Apr 2004 01:03:26 +0000 Anyone that has seen both Rick Ottons and Steve’s wrap packs like to put up a comparison???

Jason.

]]> d67e885ff6f85d3be7ed9c76e7b6421f jscott replied to the topic Multiple Offers on Unseen Properties in the forum No Subject https://www.propertyinvesting.com/topic/4370374-multiple-offers-on-unseen-properties/#post-4447374 Sat, 10 Jan 2004 07:58:58 +0000 There seems to be no problems ‘morally’ with buying properties sight-unseen so what is different with the John Burley approach?
I understand that making hundreds of offers just based on lists in the paper or internet sites to try and snare 1 or 2 desperate sellers is not a good idea, but can’t see any issues with checking out a property via photos…[Read more]

]]> 516347cec143b0313319ea740b0b8745 jscott replied to the topic no deposit in the forum General Property https://www.propertyinvesting.com/topic/4370273-no-deposit/#post-4446509 Mon, 05 Jan 2004 02:29:26 +0000 It doesn’t seem to be clear how option 1) above will work. You say buy at 80% of value and you have an instant equity of 20% – but I thought the banks will only lend on the lower of the contract price or the valuation?

Maybe the way its done is to get a long settlement then the banks will look at the valuation price instead???

]]> a43ba05185bba809aff2432052016ef9 jscott replied to the topic Profit Program in the forum No Subject https://www.propertyinvesting.com/topic/4370023-profit-program/page/2/#post-4444612 Wed, 17 Dec 2003 08:06:50 +0000 Please send e a copy at jrscott(at)westnet.com.au

]]> d5e8a94cff93adda858c6b3419395c34 jscott replied to the topic Virtual property investing in the forum General Property https://www.propertyinvesting.com/topic/4369764-virtual-property-investing/#post-4442781 Fri, 05 Dec 2003 02:03:45 +0000 You always have the building inspection clause to cover you as well…

]]> e237842f7975b7e98db1b971a9b32309 jscott replied to the topic Interest Rates in the forum General Property https://www.propertyinvesting.com/topic/4369403-interest-rates-5/#post-4439562 Fri, 14 Nov 2003 13:52:15 +0000 Mortgage Hunter – what is a “pro pack” that can take 0.5% off you rate?

]]> ecb8da52497d59aa214d06bb7701dcfa jscott replied to the topic Making mulitple offers in the forum General Property https://www.propertyinvesting.com/topic/4369367-making-mulitple-offers/#post-4439292 Wed, 12 Nov 2003 14:44:49 +0000 Regarding the multiple offers… I think the best thing to do is just have a sunset clause of only a few days away. That way you can hurry up and place other offers if nothing comes of it.

jason.

]]> 8bdb4bd460d5734f2e8b51eb9c91d5c3 jscott replied to the topic Ss complete ver 1.0 in the forum General Property https://www.propertyinvesting.com/topic/4369146-ss-complete-ver-1-0/#post-4437409 Fri, 31 Oct 2003 10:04:12 +0000 I would liek a copy of your spreadsheet and would be happy to forward it on as well.

jrscott@westnet.com.au

Thanks,
Jason

]]> e14ad885a14d8951ad35a07701da8a63 jscott replied to the topic Rental rates in the forum General Property https://www.propertyinvesting.com/topic/4369044-rental-rates/#post-4436694 Mon, 27 Oct 2003 13:02:12 +0000 Hi Comsol,

Did the REIWA report contain data for any of the WA regional centers?

Thx.

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