Congratz!!!!!!!

*doing a happy semi naked dance*

:þ

Alf, to confuse you even more let me ask you a very simple question.

If you ask a mortgage broker whether he is any good and experienced you can basically receive two answers.

1. ‘I am very experienced.’

or

2. ‘I am no good.’

My question is, given the choice between these two, which one would you pick, the liar or the honest (though self…[Read more]

I wish that those people who pose a question to which one then answers would stay with it and reply.

Especially if being asked to provide some further information.

Nothing gives me the s…. more than such type of (mis)behaviour.

My second wish is that those do-gooders who are so prolific in their condemning of the behaviour of others, so…[Read more]

Sometimes it is easy to make money. It is also easy to lose it.

The most important thing is to always keep an eye on the big picture and to learn to listen (and act) on your ‘gut feelings’.

Don’t let the fact that you are anxious to get started and buy something make you act in a hurry just as one’s fear shouldn’t prevent you from buying…[Read more]

The interest rate is usually a bit higher than for a home.

I say ‘Usually’ though I have learned that it is possible to get similar rate as applies to residential.

The secret (if there is such a thing) doesn’t lie in the lender so much as in the approach to the lender.

Also, generally the length of the lease to the main tenant determines to a…[Read more]

Some are dumb or inexperienced. Some spend a lot of time and work hard at trying to get you set at the right kind of loan. Others don’t go to a lot of trouble.

The problem is how will you know the guy is good ? []

It ain’t any good asking them as they all will say they are the best. []

Pisces

>>One thing concerns me though, there are no Floor
wastes in the bathrooms and laundry except in the
shower.<<

Strange.

Go and see the building inspector at the council before you settle. Plus, tell your solicitor.

Pisces

Paddington, quality, in high demand.

What is important however is your reason for buying this particular property ?

I have just been reading some of your posts and am sure you would have to be one of the last persons on this site who would be in need of advice.

Perhaps you are looking for a reason to justify not to go ahead ?

It also appears…[Read more]

Mel said :”Freedomfinder, I would certainly look at that deal.”

Apart from the fact that the arithmetic is off.

Pisces

Westan, what is the population for Wanaka ?

WANAKA is by Lake Wanaka in the Southern Alps and is a predominately
tourist and holiday centre. Treble Cone and Cardrona skifields are near
by. The Warbirds Over Wanaka Airshow in April (usually in Easter weekend)
is an awesome show but unless you’ve booked accommodation you won’t find
anywhere to…[Read more]

>>Why should you discuss it first with your accountant??<<

It is always better to discuss it before, rather than later, with one’s accountant. [] (bad joke)

The real reason I said so ?

I am not an accountant though I try to look at things and situations from a common sense point of view.

Firstly, properties owned before a certain date (1986…[Read more]

I spent a few hours today calling on a couple of real estate agents in a large town within the Sydney area and learned that people are looking but not really buying.

Is this a bad thing ?

I don’t think so as one will be able to get a better deal from those vendors who, for anyone of a number of reasons, are motivated to sell right now.

Pisces

I would be surprised if the building wasn’t managed by a manager.

The storage space would be hard to resell. And, because of the manager and security probably impossible to have a tenant for the space without having the management involved.

Pisces

JPH, I suggest you also first discuss the situation with your accountant.

Pisces

Crackles, obviously I cannot argue the point when you say that no survey is required.

I am however wondering when you use the term ‘although you generally don’t need a survey. Accurate site and floor plans should do’

I am wondering how one would know they are accurate without a surveyor attaching his moniker to the plan ?

It may prove very…[Read more]

So what are the true odds of turning over the same card at the same time in both packs ?

I would have thought we would have some mathemathically minded people here.

Anyway, if no-one is interested in the subject I won’t bother to tell a similar story of how to win money by looking at car number plates.

The odds are some 90% in one’s…[Read more]

What is that ?

Are you two on the Warialda Public Relations Committee ?

Nice try and effort guys,

Pisces

Michael, are you at all able to give Wrappack some idea what both the legal setting up cost would be for such an entity (I am talking prospectus here) as well as (in your estimation) the cost of raising the funds (i.e. advertising + manpower) ?

Let us assume Wrappack raises $ 2 M , as a rough figure (I may be way out however) the total cost of…[Read more]

For anyone to provide some answers it would be helpful to know the following :

Location ?
Land value ?
Construction cost ?
How did you arrive at the amount of construction cost ?
Council aspproval ?
Will you employ a builder to build ?
Your cash contribution ?

Pisces

What do you mean by ‘retirement unit’ ?

Pisces