I works everywhere …. just a matter of integrity and time to get the reputation going…. exploit your “Happily Wrapped” wrappees as Testimonials and go from there.

Looking for Positive cashflow solutions?
Look no further
Wraps-Lease Options & JV’s
http://www.kiwilogic.biz
We are investing in NZ so if you are looking for + cashflow…[Read more]

You can have a rew strategies as fail over plans if one goes wrong then you can employ plan b then plan C and so on.

I suggest testing the market to see if there is a demand for the type of strategy you are planning to deploy. (waste of time and money if you are spending big bucks on marketing and getting no response because Today Tonight just…[Read more]

Hey There,

Say, if I got the property financed as follows: –

Vendor finance $100,000
Bank loan finance $ 50,000

In this case, the vendor amount is more than the bank loan. How would this affect the title?

It seems to me like a wrap situation where the title remains in the hands of the vendor until the final payment.

Now, the “silly”…[Read more]

You could try to negotiatie with the vendor of the new purchase to carry back a second mortgage on the property for 20% ….. then try for the lenders.
Cheers,
Kiwi

Looking for Positive cashflow solutions?
Look no further
Wraps-Lease Options & JV’s
http://www.kiwilogic.biz
We are investing in NZ so if you are looking for + cashflow…[Read more]

Hey there,
The most value you seem to ba able to add varies from paint inside and out to kitchen renos.

I have build a good nest of suppliers and manufacturers directly for things such as Carpeters, Painters and Kitchen supplies (have to go through me as they do not sell to retail clientelle) so if anyone is looking for these types of…[Read more]

If you are needing to access good quality kitchens/benchtops/handles as a renovation strategy and are in NSW…. to make your buck go further let me know as I can access them with upto 50% off retail prices.

For example I did a kitchen renovation which retailed at $25,000 (value added to the home) for less than $10,000 including all stainless…[Read more]

Hey there,

Perhaps you could try some or these suggestions?
– Try to see what a comparable home similar to the one you are looking at placing on the land is actually selling for – be careful not to get suckered into the asking prices of sellers as we know how dreamy they can sometimes be).
– Work the numbers and see if it is a good deal.
– work…[Read more]

Hey there,
You can put all your protection notations and sign with deposit ($500) or less and can pull out.

Spending $500 and finding something wrong with the house… reopens the sales price as you thought the home was in good condition…. you can do many things….
1. if something is wrong with the home you could leave the sales price the…[Read more]

the software I use (PIA PRO) gives both gross and Nett Yield and also the most important to me which is IIR (internal rate of return) tells me in a flash if the deal is close to what I am looking for in less than five minutes providing I have all hte relevant information such as Insurance, Management costs, REpairs, Rates, vacancy percentage,CPI…[Read more]

Good advice guys (and gals).
If I could possible add some suggestions…
Look at the primary industries such as:
Power production, Farming (fruit-veg and stock) Forestry, Manufacturing, Mining, fishing.

Try to look for at lease 3 or 4 different industries so that if one is affected then the whole town does not collapse (like when the steel mills…[Read more]

AN Idea…
Have you tried to negotiate a lease option with the right to sublet? – This eliminates the need to get finance and gives you the flexibility to negotiate option fees and anything else you can think of can be thrown in to sweeten the pot a little to make it appealing from the sellers perspective.
Cheers
Kiwi

Looking for Positive…[Read more]

YEah,
I don’t know how many times I have had an agent call and tell me it is the deal of the century…. I just normally comes accross as real excited and start my checking processes to see if it is worth turning off The Simpsons and go and check it out or not.

There is Always a deal round the corner…. agents love getting dutch auctions going…[Read more]

Hey Fullas,
I have been in Oz for Sux years now and am proud to have Aussie Honki Fullas tease my accent!
I have heard all the crap jokes and still crack up at some of the Aussies that think they are funny with the sheep shagging jokes. All I can say is “And you lot thought you were getting lamb? where do you think we export all our used sheep…[Read more]

Thanks guys ….. I managed to suss it out.
http://www.realenz.co.nz
it is buried amoungst some of hte links in the site. However information is good.
Cheers
Kiwi

Looking for Positive cashflow solutions?
Look no further
Wraps-Lease Options & JV’s
http://www.kiwilogic.biz

Depends on which legal instrument you use to secure the property…. As I understand, it is not illegal to sell a property that you own or can demonstrate that you have a financial interest in (Option or Lease Option).

However I agree With Terry here… always seek legal advice for the state/country that you live in.
Cheers,
Kiwi

Looking for…[Read more]

Hey There,
Catch 22 really:

a. How much do you value time?
b. How much do others feel your time is worth?
c. What credibility do you have (reputation etc)

If the credibility is not quite there then you may need to adjust your fee to attract business and then as your REP goes through the heavens… (and demand increases) … so does your fee…[Read more]

Hey all,

At the end of the day it ain’t over til the paperwork is signed at exchange anyway. – Even if it does not pan out… you lose the deposit only… no-one can force you to purchase.

1. I usually put terms that pertain to valuations meet lenders requirement rather than funding conditions… as if the vals do not measure up….. the money…[Read more]

Hi all,

You can also secure the property on an Option and either flip the option itself….. or nominate the buyer in the paperwork. This way you can still walk away from the whole thing if it turns sour and you ahve only lost you option fee.

Cheers
Kiwi

Looking for Positive cashflow solutions?
Look no further
Wraps-Lease Options &…[Read more]

Hi there,……
All I acan add is …. it is 80% attitude and 20% knowledge….. if you make mistakes it is like being a kid again ….. what didyou do when you craped you knee while running flat out though the house when you were young???? Even when the mum or dad gave you a lecture and revved you up???? thats right ….. you forget about it and…[Read more]

Hey there,
– You can set up a private agreement (just like a joint venture).
– You can set it up in the terms of the sales contract to be paid by purchaser at settlement or at exchange.

Sometimes it depends which legal instrument you have secured the property…. it can be as simple as signing over an option or a lease option and the new nominee…[Read more]