PropertyInvesting.com | MarkSprenger | Activity https://www.propertyinvesting.com/members/marksprenger/activity/ Activity feed for MarkSprenger. Mon, 13 Apr 2026 12:43:18 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 c9443a12fffd9566c94fb3ebddb33116 MarkSprenger replied to the topic Brisbane Suburb Watch in the forum No Subject https://www.propertyinvesting.com/topic/4366221-brisbane-suburb-watch/#post-4418188 Fri, 04 Jul 2003 14:13:54 +0000 Scott,

How is Mt. Isa for property – houses and units, returns etc?

Cheers
Mark[:)]

]]> a74b8f3278d0350d61eb674c7f9dd319 MarkSprenger replied to the topic Queensland Investment Properties in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4389030-queensland-investment-properties/#post-4564921 Mon, 03 Jun 2002 21:15:57 +0000 Steve,

The Bank of Queensland would do 80% but there were some conditions – that was about three months ago. We didn’t quite have enough for 20% deposit at the time so didn’t pursue it any further. It was a real shame because the 9 units yielded about 14% gross and I was able to put $800 positive cash flow in the pocket a month.

No doc loans…[Read more]

]]> 2340d8601176bfed186db928cb5c58de MarkSprenger replied to the topic Queensland Investment Properties in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4389030-queensland-investment-properties/#post-4564919 Mon, 03 Jun 2002 20:26:40 +0000 Steve,

I notice that settlement is not until October this year. That’s at least a six month contract. How were you able to negotiate such a long contract and why did you?

I understand that with more than 4 units financial institutions regard that as a commercial proposition and therefore will not lend finance in the form of an investment…[Read more]

]]> 822d784ac6b667ffd5edf2db9bcc259d MarkSprenger replied to the topic Wrapping in QLD in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4389057-wrapping-in-qld/#post-4565041 Sun, 02 Jun 2002 19:00:25 +0000 I agree Robert. It does put a dint in the old Cash on cash return, initially. However, if one can find people who have most of the deposit when you buy, are prevented by banks from gaining finance, and are a good risk for you it may be good to do the deal.

Cheers
Mark

]]> 674f8bbb72e6c7d9427048e219a7f6f2 MarkSprenger replied to the topic Accountants - Sunshine Coast in the forum Hotch Potch https://www.propertyinvesting.com/topic/4389045-accountants-sunshine-coast/#post-4564975 Sat, 01 Jun 2002 21:54:04 +0000 Andrew, thanks for your post. Where was the Break Free Events seminar held and what was it about? I’ve had a look at the website you nominated. It looks good. Just waiting back on my email I sent her.

Cheers
Mark

]]> 67fee3fb8fb314de7f4e68e05edf030d MarkSprenger replied to the topic Wrapping in QLD in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4389057-wrapping-in-qld/#post-4565039 Wed, 29 May 2002 21:09:49 +0000 Robert,

I haven’t wrapped yet, but am about to. My research located a practice direction under the hand of the Office of State Revenue, Qld. Govt. (www.osr.qld.gov.au). It related to the applicability of the FHOG and instalment contracts. It, essentially, states that the contract must have been on foot for a year; either $7,000 or 10% of the…[Read more]

]]>