Hi Steve

I bought in Mt Isa before the rush, and am doing quite nicely.

Yack’s comment: Will they still be +Cf when interest rates rise 2-3% is valid, but I have a slightly different slant on it. Pundits tell us that won’t happen for quite a few years to come (whether rates rise that much in the short term is your call).

Speak to:
1. Lorraine…[Read more]

Originally posted by Seano:
Wow I might try to walk behind you to catch all the money fallng out your pockets(joking)…. I hope you get some more answers Greg, sound like you’re doing great. Rock on buddy
Seano

Seano, looks like it’s you and me, buddy (for the time being anyway). Thanks for your support, and I’ll ring my RE agent to follow up…[Read more]

If you guys keep sharing your expertise/tips with me, I’m more than happy to reciprocate. I’ll let you know what my lawyer says.

Hi Folks

At last count, around 140 people have read my post, but only Seono (thanks so much mate) has tried to help me out with their experiences / advice.

I’m happy to keep spending money on lawyers, surveyors,…[Read more]

Hi Brenda

Key questions to ask Council:
~ What is your Headworks charge?
~ Will you DEFER HEADWORKS CHARGES UNTIL I SELL THE BLOCK and/or build on it myself? (Crucially, most councils in small towns are flexible, support development, and prepared to negotiate)
~ What are your other charges?
~ What is the exact location of sewer and water pipes…[Read more]

Originally posted by Seano:
I hope I was some help for you, at least you got a reply hey. Seano

Hi Seano, and THANKS SO MUCH for your reply! It was quite lonely hanging out in cyberspace for so long (but hey, I’m having fun!) [bike2]

Went to see the Town Planner, and have an appointment with a wrap savvy local lawyer today (a friend of mine…[Read more]

Moderator, where are you?

No one seems to want to answer my rural land subdivision questions. [confused2]

Do I need to post this in another section?

I’m keen to learn what’s involved in selling blocks of land “off the plan” in my proposed subdivision. Does anyone have any Contract templates which might help me?

Cheers
Greg F
PS: It’s…[Read more]

Our youngest son got out the movie “Big Fish” last night, and my wife and I watched it with him (Danny DeVito, Ewam McGregor, Helena Bonham Carter etc)….Big Fish is BRILLIANT and SO, SOOOOOO relevant to this topic of our goals in life, about a son’s attempt to:
1. Understand and
2. Sum up his father’s life

You’ll love the ending.

A real feel…[Read more]

Originally posted by Jeff Butters:
I wanted to get it at 128k, now it is getting closer….Owner will not go below 135k. I want to consider alternative offers but am unsure of sums. I thought to ask for 2nd mortgage. I would buy the house for less than what he wants, but he will eventually get what he wants over time with his interest payments…[Read more]

Originally posted by Fablan:
Get a new broker! My broker has financed over 60 properties for me…. As far as I could find they are also the only ones left that do fully dislosed (in writting) wrap finance. So there are still good ones out there…
Blanyi

Hi Blanyi
I’m just about to start out as a wrapper. Could you let me know, either here…[Read more]

Originally posted by SALACIOUS:
Hi Greg,
Small world my wife was a school teacer at kiora.
Are all your ip’s in one area and with 16 of them how do you find time to build?

Good luck and hope someone answeres questions soon cause im getting older not richer.
Dom[biggrin]

Kiora, just down the road? It really IS a small world!! I used to be a…[Read more]

Originally posted by SALACIOUS:
GregF,

Hi,

My question is what is the advantage of registeringas an owner builder?
Thanks Dom[biggrin]

Hi Dom

You and I are in the same boat, chief. My wife and I own 16 IP’s, all bought pre-built, but we’re just about to launch into our steepest learning curve by:
1. Buying a block suitable for…[Read more]

[blush2]Originally posted by Monopoly:
Originally posted by Greg F:
NOW WHO’S THE WISE ONE????? [blink] Too true Greg!!!! Jo

Aww shucks, Jo, now I’m blushing. My red locks are quickly being matched by my rosy cheeks[blush2]

Cheers
Greg

Originally posted by Monopoly:
Hi Timan,…drop the rent…. at the end of the day, everyone loves a bargain, and as Richmond pointed out; better 10 dollars a week less and tenanted than empty for months!!! Jo

Hi Timan

My wife and I’ve enjoyed almost 100% occupancy on our numerous IP’s over the past 20 years or so because we follow a couple…[Read more]

Hi Milly

Seems to me that Terry and Aceyducey are BOTH on the right track, so perhaps a combination of both their suggestions is the way to go.

By the way, I got your PM, and will reply soon

Cheers

Greg F

Originally posted by Milly:
I am wondering if anyone has ever had to make a bad financial deal for the sake of a family member. Tis a dilema when your business brain is at war with your emotional brain.
Milly

Hi Milly

I love your commitment to your dad, but he won’t thank you for making a bad investment decision on his behalf.

I assume the…[Read more]

Originally posted by amber_jag:
Is there something about duplexes that i dont know about. She advises me that i should get in early as they go like hotcakes…but that could just be real estate talk. I dont want to be too eager but this seems like a really good deal…. Any hidden traps etc etc. Thanks guys.[biggrin]

Hi Amber_jag

By the way, do…[Read more]

Hi Folks

Does anyone know of a property development course in Qld? I’m particularly interested in subdivision, then building duplexes etc on the land I subdivide

Cheers

Greg F

Originally posted by nordicskier:
Considering dabbling in this property. I have sent copy of lease agreement for legal advice. Size is over 50sqm, hopefully okay finance from bank. Expecting only 70% loan on valuation. Seems good, stable yield of 6.5%. Any problems with Pacific International Melbourne?

Hi Nordic Skier

Serviced apartments…[Read more]

Can we have some clarification please??? Is it the two books and your “surprise” we are bidding on or is it the books seperately?

Steve,

Due to the recent down time, is it possible to have this auction extended and to be run as Book 1 and Book 2 so we know which one is being bid on??? Or are you auctioning the lot as one auction?