[keikoParticipant@keikoJoin Date: 2008Post Count: 513]

March 3, 2011 - 12:30 am

Thanks Paul.

Does anyone know of any where around say $150k???

[keikoParticipant@keikoJoin Date: 2008Post Count: 513]

February 19, 2011 - 6:23 am

traolcoladis wrote:

Hi Big Teddy,
what were you wanting to find out. Was it anything in particular. Also which shire were you needing access too. Casey, Kingston, Frankston?

Feel free to contact me. My contact number can be found on the following Real Estate Link. or I believe that you can contact me via my profile.

Kind regards

Hi Andrew

I am wanting anytime access to QLD
Would you happen to have QLD area?

Cheers

[keikoParticipant@keikoJoin Date: 2008Post Count: 513]

February 18, 2011 - 12:58 am

Shape wrote:

What background are you from? ie do you have experience in property development, finance etc….IF not then i dont know of anybody that will "fork out the cash" for a joint ventrue sorry. I have connection with a range of people who are willing to provide private funds in joint partnership BUT generally speaking; In any joint venture – you will have to either 1. Provide Cash 2. Provide experience, connection and backing for the venture. If you dont have any of the 2 above, and just want to start from scratch ! no chance lol. Your best option is to stick with the residential property for now, and once y our IP or PPOR builds up at least 35% equity- you can use this as your "cash" to fund your commercial deals. Regards Michael

SHape

What would be the starting interest rate that your private lenders are wanting?

[keikoParticipant@keikoJoin Date: 2008Post Count: 513]

February 18, 2011 - 12:43 am

Qlds007 wrote:

Yes with equity in the land and or other property.

Cheers

Yours in Finance

Richard

As an example say you bought a property for say $500,000 and you put up $100,000 cash and then a couple of months down the track you wanted to bulldoze the house and build 2 new houses, would the banks need further cash put up front or how do they calculate it

[keikoParticipant@keikoJoin Date: 2008Post Count: 513]

February 16, 2011 - 5:32 am

Will the banks lend 100% construction loan

[keikoParticipant@keikoJoin Date: 2008Post Count: 513]

February 15, 2011 - 10:29 am

I like it, we need a site like this that puts all the monkeys in a cage, <moderator: edit>

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February 15, 2011 - 10:22 am

Mushroom it all depends on your own situation and weather or not you live in ozzie currently or you want to move to oz, if you want to move here then it may be worth bringing your cash here 
currently the exchange rate is bad, secondly if you do not live here you may find it hard to borrow oz money and even if you move here then you will probably find it even harder to get a loan for the first year or two, then there is capital gains tax, there is stamp duty and so on.
Nz is down but it will come back later on.
just my thoughts

[keikoParticipant@keikoJoin Date: 2008Post Count: 513]

February 15, 2011 - 10:15 am

A mission a pain in the a.s, lost a lot of money more than ever before, lost a $2 million profit, approached plenty of people I know and plenty of people I don't know, people said they were keen, they would look at the deal and they were still keen but at the end of the day they were just real tyre kickers with either no real cash or couldn't understand what was in front of them until it was to late and the property was sold, lots of people would say why would the vendor sell it for this price and why has no one else snapped it up, I got sick of listning to people say that.
the deal was there and there was huge profits to be made and people could just not or did not want to beleive it, now a smart accountant snapped it up and he is in with a grin.
Will I look at a joint venture again, maybe but it would have to be with the right person and there hard to come by.
I see great deals all the time but the big problem is the deposit to fund each of these deals.
The next problem is drawing up an agreement between the 2 parties, you will be happy and the other person will be happy but when the lawyers put it on paper and it goes backwards and forwards a few times and then the other persons lawyer talks in some strange lawyer laungage and then the other party thinks it is all to hard and runs a mile.

To me it is easy, here is the proof here is my back ground, here is a great deal just front some cash and we will make each other wealthier than we were yesterday.
If only it was that easy.

[keikoParticipant@keikoJoin Date: 2008Post Count: 513]

February 15, 2011 - 3:08 am

Thanks guys
I am looking at buying a couple of houses and only putting the least amount of deposit up as possible.
I could go 20% but I want to try something different and see if it works out

[keikoParticipant@keikoJoin Date: 2008Post Count: 513]

February 14, 2011 - 1:09 am

it will be an investment property, but if it comes down to it I could buy it and move in

[keikoParticipant@keikoJoin Date: 2008Post Count: 513]

January 27, 2011 - 2:04 am

Jamie try signsonmars in Sydney, this is the email address [email protected]
I have used signsonmars in New zealand for all my signwriting and they always did a great job, they are competitive on price and they always got the job done

[keikoParticipant@keikoJoin Date: 2008Post Count: 513]

January 14, 2011 - 6:03 am

I can't see interest rates rising. if this happened then they would be dumb, if it were to rise it would course further financial preassure which will hurt the economy even more.

S.walker00.   There is always a possibility that it could happen again, really none of us know until it happens again, things normaly come in 3's don't they.
who would ever think I would get 5 flat tyres in the matter of about 2 weeks, if someone told me I was going to get heaps of flat tyres over a couple of weeks, I would have laughed.

[keikoParticipant@keikoJoin Date: 2008Post Count: 513]

January 13, 2011 - 5:17 am

nicolas_b wrote:

keiko wrote:

I would like to know what the renting people are planning on doing, move to a new town suburb or clean up there rented house and stay put.

I believe it is the responsibility of the landlord to repair, clean  the property. Correct me if I am wrong, I believe Flood damage is classified as an emergency repair. 

The best indication of what is going to happen to house prices is to find out (google etc…)

What happened to property prices after the 1974 Brisbane flood?

What happened to property prices after the Christchurch earthquake? 

What happened to property prices after Hurricane Katrina? Etc…

oops I probabily wrote that last comment wrong regading tenants clean up,

yep landlords will obviously have to pay if there insurance company will not, but I am wondering what the actual tenant will do, collect there items and leave or maybe help do the clean up and stay.

From what I understand Christchurch colapsed to half its original value
I think houses that are not livable will be sold for land value
houses that are damaged and just need repair will be sold for a lower figure than what they could have sold for if they did not need repair,
Values will come back again, not like Christchurch
I would buy a flood damaged house but I wouldn't buy a earthquake damaged house

[keikoParticipant@keikoJoin Date: 2008Post Count: 513]

January 12, 2011 - 11:10 pm

from what I understand a lot of insurance companies will not pay out for property damaged from rising rivers creeks etc and from rivers etc that have broken there banks
They will pay out if it rains a lot and this rain floods into there homes.
Thats what my insurance company told me anyway.
I am thinking a lot of people would have a fight with there insurance company over this.

I would like to know what the renting people are planning on doing, move to a new town suburb or clean up there rented house and stay put.

Also does anyone know if Hervey Bay was flood affected?

[keikoParticipant@keikoJoin Date: 2008Post Count: 513]

January 11, 2011 - 12:17 am

I spotted my old post still going and it Looks like everyone done okay for 2009, so what happend threw 2010, did you acheive what you wanted too.

[keikoParticipant@keikoJoin Date: 2008Post Count: 513]

December 29, 2010 - 3:09 am

Hi David

If you send me a private message with your contact number and property address and any other info you may have on the property and I will take a look.

Cheers

[keikoParticipant@keikoJoin Date: 2008Post Count: 513]

December 23, 2010 - 3:01 am

Who 100% for sure know's which bank will deffinitily go 85% or more with no LMI

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December 15, 2010 - 1:39 am

So how will fixed loans work

If we fix for say 3 years and decide we want out in 1 year, then is there no exit fees?
if this is the case we miles well all fix for 5 years knowing we have the ability to exit anytime

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December 6, 2010 - 6:57 am

Thanks for the replies

I am actually wanting to know what realestate agents are paying per month to advertise on realestate.com and realcommercial, and if there is a cheaper way to get on the site than going direct, (maybe threw REIQ etc?)
we will be listing 30 plus properties.

Cheers 

[keikoParticipant@keikoJoin Date: 2008Post Count: 513]

October 21, 2010 - 1:57 am

I think your approaching the banks in the wrong way, something doesn't sound rite, even if your property is only worth $1.7m and its freehold then I can't see why they will not loan a misreable $300k, maybe appoach a broker, or work out what your saying wrong to the banks