>>Just think of a wrap as selling a house with a 30 year settlement<<

It doesn’t have to be a 30 year contract of course.

If you select the right kind of buyer they would able to obtain finance from a mainstream lender (like a bank) within a couple of years if they happen to have a default which presently prevents them from obtaining a loan…[Read more]

Waz11, I suggest you go and see a solicitor who is familiar with wrap contracts.

One such person is Mr Cordat who, I think, trades as Cordato Partners and who has an office in Barrack st, Sydney.

I understand that he has prepared contracts for several of the big wrapping boys.

If you go and see him with the details he will prepare a suitable…[Read more]

Hi George,

You said : “im not Steve but maybe I can help – just send me that urgent email and i’ll see what I can do………….hehehehehehehe…………….”

I can hardly do that now can I considering the fact that my complaint was about you. [cowboy2]

Pisces

No offense PurpleKiss, I just don’t like the colour you used to dye your hair.

I liked you much better when you were a redhead.[inlove]

Pisces

>>If you look around you can pick up houses for free! Its the transport and relocation process that’s a killer! Reconnection of plumbing, power site cost etc.<<

I happen to disagree with you there Mysta.

When one wants to shift a house one has to be rather selective.

You don’t accept a house just because it is free. There is a reason for that…[Read more]

Steve McKnight

I sent you an urgent email tonight.

Unfortunately it finished up at newsletter@propertyinvesting.com and, as you are aware, that email will not be read under your present system.

If you aren’t able to recover this particular email would you please contact me to supply me with a different email address so that I can resend this…[Read more]

Hi Just Allen, Derek and all

You guys are amazing. I really appreciate the quality of the information you’re all providing. I’ll pass on the Qld info to our friend, and let her choose what she wants to do from here.

I’m still hanging out for some comments about the type of legal structure we follow (as per my previous posting) if we continue…[Read more]

Hi Greg,

Ooops – Should have been ‘Home Start’ – some state governments have a home ownership scheme that may apply to your lady.

As I said somewhere else First Home for me was a long long time ago, and kids are not yet old enough to own house so the detail is but a ‘blip’ on my investment/home ownership horizon.

I am a little confused now -…[Read more]

Yes it is a workeable strategy.

Pisces

I cannot help you to website addresses though I can tell you that the Australian Bureau of Statistics collects (and distributes) such information.

Usually there is a charge for a report.

Nevertheless, you can go to the office of the ABS in the maintown of your state and read the reports free of charge in their libary.

Pisces

>>Nowhere in Australia is there a legally mandated level of deposit that must be paid.<<

One can exchange putting down any amount as long as the vendor agrees.

However, I believe that if one puts down less than 10% and if subsequently the buyer walks away from his obligations then the vendor can sue for at least the balance of the ten…[Read more]

Hi Russ

Glad you’re back from your spotting trip. [thumbsupanim]
Give me a ring or email me ASAP so we can continue our networking and go onto the next step in “cutting a win-win deal”.

Cheers

Greg F

Hi Russ

Glad you’re back from your spotting trip. [thumbsupanim]
Give me a ring or email me ASAP so we can continue our networking and go onto the next step in “cutting a win-win deal”.

Cheers

Greg F

>>What do ya reckon??<<

You may be better at it than I Tycoon but my experience is that good deals take quite some time to find.

Pisces

>>Guys be real and try to be sympathetic to the cause.<<

Which side of the bed did you get up from this morning ?

A rather unkind remark to make I would think.

Pisces

Hi guys its me again.
Did the deal today.
4 brm home $32500
Rented at $160p/w
No money down.
Ah I love this game.
Russ

Congratulations, Russ. It’s the Qld guy who rang you a few days ago for a 1 hour chat plus follow up email!. And I was just about to ring you to see if we could cut a deal on that one![grad]

I’ll be in touch about other +CF…[Read more]

Hi Mortgage Hunter, Derek and Forum devotees

Thanks heaps. [thumbsupanim]

I logged onto Mortgage Hunter’s link re FHOG and noted Permanent Resident’s DO qualify. Our friend’s issue is that she doesn’t know whether she’s actually classified as a Permanent Resident or not (she’s never filled out any paperwork, but we assume since she’s on…[Read more]

Jancrows said : Procrastination = Wisdom . A formula derived from one who has made mistakes and wont act until he has resolved all the lessons he has learnt and ………..considers the next move. Makes a decision and goes forth in confidence……….

That sounds a bit like rationalisation to me, an excuse for inaction.

How do others see this…[Read more]

Kay I guess it is a process over time.

My main problem, more than anything else is that I put off necessary tasks like filing etc. And the price I pay is high (too high) as it takes me much more time to find things than if I were more organised.

On the other hand I don’t mind working long hours and I won’t complain about that, mainly because no…[Read more]

You know the saying George, ‘All work and no play makes …………..’

There isn’t anything wrong with a bit of diversion. Balance is what is required.

Pisces