Total Members: 158,564

justahousewife

  • justahousewife replied to the topic Renovating for profit in the forum Creative Investing 10 years, 4 months ago

    Charlie123. Do not be dismayed ! What you are suggesting is more than viable and essentially simpler that you think.Although do not underestimate the attention to detail that is required.
    1. You first step is to get agree ance with the buyer, with what you want to achieve – who gets what and when
    2. Then you go to an experienced vendor Finance…[Read more]

  • justahousewife replied to the topic Optimal allocation of vendor finance in the forum Creative Investing 10 years, 4 months ago

    Hi Mgs4 , as an investment strategy if you are i/e selling houses to Investors on a Terms Contracts then you most defiantly need a credit License. The paperwork you set up (-the Installment Contract) would need to be in your name, that is your protection. ASIC is definate in their view that the person on the paperwork is the one that has to hold…[Read more]

  • justahousewife replied to the topic will you pay agent commission if no settlement in the forum Help Needed! 11 years, 6 months ago

    I am a seasoned property investor in Victoria and bought many properties through agents. I have NEVER paid more that $1000 as the deposit. If the agent does not like my offer, thats ok i will move onto the next house

  • justahousewife replied to the topic Real Estate Investment Books in the forum General Property 11 years, 6 months ago

    Hello Sheree

    Take it for what it's worth but I believe it's best to be open about affiliate links, e.g.  webuyhouses.infusionsoft.com/go/booktour/shereeb  A short declaration that it's an affiliate link helps credibility.

    Regarding the book in question, it does give a broad overview of the various VF techniques.  However what I found…[Read more]

  • justahousewife replied to the topic Vendor Finance in the forum Creative Investing 11 years, 6 months ago

    If you dont want to pay for your education then the next best option is to do a Joint Venture with someone who knows how and split the profits.On a 'standard' Vendor finance deal you provide the property, they provide the skill you would possibly make about $30- $40K each.You would learn something along the way then you could move on and do the…[Read more]

  • justahousewife replied to the topic What do we think of ‘Rent to Own’ schemes? in the forum General Property 12 years, 2 months ago

    We did our first Vendor Finance deal in 1996 and have been using it successfully ever since. It is a great way to get into a home if you do not qualify for a bank loan yet. It is also an incredibly effective way to start or more importantly accelerate your Property Investing. Like anything it is about doing your due diligence on who you go into a…[Read more]

justahousewife

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