Hi Alex (and others).

There are meetings once a month at Five Dock. The next one is 22/1/2004.

They aren’t seminars so much as a general get together where different things are discussed.

I suggest you contact Tom Spillane for further details.

His email address is vivarto@bigpond.com

Cheers,

Pisces133

Moving a house some 400 KM ?
Pretty expensive and I would say the least of your worries.

The further the distance the more chance something will be going wrong with the building.

The housemover needs a police escort, can only drive on weekends (at least that was the case many years ago) and is forced to drive at low speed.

As a consequence a…[Read more]

Well Richmond, because it is X-mas which is a time of goodwill and cheer I’ll ignore the fact that you are a journo and will throw in a nice story which has some good advice in it.

There was a young greek couple who had been married about a year.

They were very friendly with another couple who had been married for several years.

The young guy…[Read more]

Any chance of seeing some photo’s Bear ?

Pisces133

>>maybe Kavita, you can introduce your friend from Parramatta to Guru and maybe she have a friend, who she can introduce to me.<<

S.I.S., last time I spoke to Kavita he told me that there was no way he would introduce a female to you as you refuse to pay a spotters fee.

Pisces133

>>Shaune and Rachel are only charging $1000 for spotting fees<<

These properties cannot be any good if it is only worth $ 1,000 !!!

Pisces133

I just had a look at the website Crocco mentioned and I would think that the vendor is asking too high a price.

One could say that he is looking for ‘suckers’.

The best way to find them are in your local newspaper and/or approaching the Department of Main Roads who from time to time may have suitable houses for sale (usually by tender).

I said…[Read more]

Michael you can certainly repay principal any time on IO loans. You may be able to re-negotiate another IO period at the end of your 5 years, or refinance if necessary (but this will incur stamp duty costs etc). You should also realise that there is effectively little difference between IO and P&I if you are in the higher tax brackets, owing to…[Read more]

I was amazed to see the low number of people who attended a recent meeting at Five Dock (which I attended).

I would have thought that with so many people frequenting this website and so many people living in Sydney there would be more than just a handful.

It means that a lot of people are sitting on the fence theorising and dreaming whilst…[Read more]

Possibly the details are not as portrayed.

What kind of property was involved ?(i.e. vacant land ? An existing property ? )

Was it the vendor’s shelf company or perhaps the developer’s shelf company that was involved in the transaction ?

Was the property owned by the shelf company or did the company merely hold an option on the land…[Read more]

Kay, if you are satisfied you paid the right price then that is fine.

I wasn’t trying to be a smartarse. Well, perhaps it looked that way, so I want to assure you that there was no malice behind my post.

Here is another interesting story.
The same ex-partner who by the way is quite wealthy told me some 25 years ago that he wanted to buy a…[Read more]

I am sure that the developer would have done some homework. He would also no doubt have turnover figures from the vendor.

Just driving past ‘competition’ at night and counting the number of cars would go a long way to establish in your mind whether there is a need for another motel.

Pisces133

Guccical, you are talking about figures which aren’t achievable.

There are many pitfalls.
Firstly the house has to be the right kind of house, sizewise.

Regulations limit the width of a house being moved. It may have to be broken up in two or three pieces. The house may not be suitable anyway to be moved.

The farther the house has to be…[Read more]

>>With my last negotiation, I made an offer of about 3% less than the asking price, because I thought that was fair. When the RE came back and said the seller wanted more, I told him that my offer was firm, that I thought it was a fair offer, and that I felt that the sellers might see it as such, and accept it as fair people. That worked for me,…[Read more]

toystory,

I think that you will never know if you don’t try. What is the worst thing that could happen if you put in a low offer? The RE will knock you back and if you really want it, you just put in a higher offer. If you don’t put in an offer at all cause you are afraid that it is too low, then maybe the seller might miss out on your bid…[Read more]

Well Bassla, seeing that it is X-mas time, the time of cheer and goodwill, and seeing that you haven’t got the time at the moment, I would be happy to oblige and have a look at the property.

Email me and I’ll give you my bank account number so you can deposit my expenses into it.

I live in Sydney and I understand there are daily flights to…[Read more]

I suggest you go to the following website.

http://www.rentmaster.co.nz

Cheap software (just $ 70-00)
You can get a free trial

Pisces133

>>That’s a fairly dangerous spot though, don’t you think? It’s basically similar to buying OTP- with the hope of onselling.<<

Every shopkeeper is facing the same dilemma, i.e. when he buys stock there may not be a buyer.

Bear’s strength should lie in the fact that he knows his business AND that he gets to know his client buyers so well that he…[Read more]

No, of course it isn’t illegal to deal with two brokers. But ………., not disclosing this fact to the second broker can work against you.

There are however pitfalls in dealing with several brokers. Some brokers have you sign a mandate which means that you are committed to pay them a fee if you don’t proceed after they obtain…[Read more]

Put your car in a company name as then there is less chance of claims being questioned.

Pisces133