Paullie replied to the topic Should you buy in lowlife areas? in the forum General Property 12 years, 1 month ago
Never would.
Paullie replied to the topic Buy and Hold: the end goal in the forum Help Needed! 12 years, 2 months ago
The end goal is to make money selling books and doing seminars.
Paullie replied to the topic Thanks Steve!!! in the forum Opinionated! 12 years, 2 months ago
lol.
Paullie replied to the topic Thanks Steve!!! in the forum Opinionated! 12 years, 2 months ago
Freckle is the ying to the yang on this forum and I for one love it.
Paullie replied to the topic Tenant requesting improvements in the forum Help Needed! 12 years, 2 months ago
Jesus christ put the heat pump in and install a powerpoint. No wonder land lords have a bad rep.
Paullie replied to the topic RBA lowers cash rate by 0.25% in the forum Finance 12 years, 2 months ago
And the prime minister office.
Paullie replied to the topic Anz Bank puts interest rates up and breaks away from the RBA in the forum Finance 12 years, 2 months ago
<moderator: delete language> Billions in repeatedly increasing profits every year yet they do not follow the rba cash rate move.
Paullie replied to the topic Olympic dam expansion no more. Whats going to happen to property prices? in the forum Help Needed! 12 years, 3 months ago
I work in Engineering in WA.
BHP have an external hiring freeze. A few months ago there was all talk of boom time, I can tell you I don't see it here.
If anything companies are now bringing in cheap 457s to increase profit margins, its diabolical really.
The company I'm sub contracted to, and its a big multinational vendor, has NO big projects…[Read more]
Paullie replied to the topic Is 0-130 properties still possible today? in the forum Help Needed! 12 years, 3 months ago
So out of a few million, a few hundred thousand is his. ok.
Paullie replied to the topic Is 0-130 properties still possible today? in the forum Help Needed! 12 years, 3 months ago
At what LVR?
Paullie replied to the topic SMSF Commercial Borrowing in the forum Finance 12 years, 7 months ago
I realise that but hes got no experience with smsf lending. i now what your going to say, find a new lender. problem is on all my previous deals the team i have work well together so to help get it over the line i feel i have to almost back him up, and do my own investigation.
Paullie replied to the topic SMSF Commercial Borrowing in the forum Finance 12 years, 7 months ago
richard pm sent.
Paullie replied to the topic SMSF Commercial Borrowing in the forum Finance 12 years, 7 months ago
What about westpac or bankwest?
Paullie replied to the topic SMSF Commercial Borrowing in the forum Finance 12 years, 8 months ago
Red dragon?
Paullie replied to the topic Putting in offer on commercial property with smsf in the forum Help Needed! 12 years, 8 months ago
Thanks everyone for your advice.The deal was accepted today. I talked at lengths with my broker, accountant and settlement agent to make sure the offer was suitable.Managed to negotiate a 35 day finance and 90 day settlement.
Paullie replied to the topic Bank view on subdividing an IP that they hold the title for? in the forum Finance 12 years, 8 months ago
Good question OP.In my case I want to subdivide an existing IP (IP2). I have the green title to my first IP (IP1) I'll use a security for the development work on IP2, but then I'll need to use the developed property (IP3) as security for the original IP (IP2) to keep the LVR where it is.What other options are there? Obviously crossing IP2 and IP3…[Read more]
Paullie replied to the topic Best rental agents in Perth in the forum I use Radi Estates in 12 years, 8 months ago
I use Radi Estates in Inglewood. Steve and Tamara are very dedicated and do not load up their property managers too much.I have two properties with them.Steve has recommended landlord insurance with terry scheer.
Paullie replied to the topic Putting in offer on commercial property with smsf in the forum Help Needed! 12 years, 8 months ago
Or, we ask to lease the warehouse, then when the time comes put in an offer and make the deal… less risky.
Paullie replied to the topic Putting in offer on commercial property with smsf in the forum Help Needed! 12 years, 8 months ago
What about if we go in with an offer, subject to finance, 150 day settlement, 100 day finance approval and we lease for the period till settlement?Long shot?
Paullie replied to the topic Putting in offer on commercial property with smsf in the forum Thanks Paul and 12 years, 8 months ago
Thanks Paul and RichardRichard, we already have the bare trust established, the only last thing to do is create the company custodian entity.Paul, apprently the owner is hurting, he cant even make his strata levies … apparently.Timing is a little off on this deal at the moment. We dont really want to go down the track of a lease option, its…[Read more]
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