Hobe

I am Brissie based and have done a bit of investing over the last 12 years – lol

Feel free to ask away with any questions.

Richard Taylor
Residential & Commercial Finance Broker
Ph: 07 3720 1888
richard@yourstatefinance.com

It has nothing to do with the dates of settlement more importantly the date of the purchase contract.

You would assessed under the emerging profits ruling.

Richard Taylor
Residential & Commercial Finance Broker
Ph: 07 3720 1888
richard@yourstatefinance.com

Which State?

Richard Taylor
Residential & Commercial Finance Broker
Ph: 07 3720 1888
richard@yourstatefinance.com

Again the is post is not to be seen in any way as financial advice but to elaborate on what has been stated before.

All investment transactions of superannuation entities must be made and maintained on an arm’s length basis. Transactions need not necessarily be at arm’s length (i.e they maybe between related parties) but investment transactions…[Read more]

Nats12

Done it a couple of times especially where we have purchased a property which has already been tenanted on settlement.

Would suggest you really cover your bases on the Tenancy Agreement requesting the tenants allow you, your subcontractors and agents unrestricted access to the rear of the property without having to give the usual 24 hours…[Read more]

pyramid

Another good reason to wrap in the Sunshine State – lol

Richard Taylor
Residential & Commercial Finance Broker
Ph: 07 3720 1888
richard@yourstatefinance.com

Matt

In periods of slow growth or stagnent property prices positive cash flow has to be the way to go.

Why buy something to actually loose money on it when you can make money each week from day 1.

Imagine you own a dozen of these you wouldn’t have to work for a living.

Richard Taylor
Residential & Commercial Finance Broker
Ph: 07 3720…[Read more]

Lady Bug

Have a look at http://www.cleardocs.com.au they have a great online site and does not cost a fortune. if you now what you want completion of the information is a breeze.

Hope it helps.

Richard Taylor
Residential & Commercial Finance Broker
Ph: 07 3720 1888
richard@yourstatefinance.com

Certainly i don’t think your mark up is too high given the stamp duty costs in NSW but in saying that i would never wrap a property at $300,000.

Up until recently our maximum loan was $175,000.

Richard Taylor
Residential & Commercial Finance Broker
Ph: 07 3720 1888
richard@yourstatefinance.com

The Contract should be UCCC compliant and therefore you should get specialist advice from a wrap savy lawyer.

The first point you raise depends on you. If you purchaser defaults it is upto you whether you take any further action in this respect.

There is no such thing as a standard deposit. In most cases they have little or no deposit to put…[Read more]

Jeff

I am with Alistair on this one. The difference between the commission rates is so negligble it is not funny.

Recently a client approached me and had been offered a loan by his Personal Bank at the NAB which included a LOC. The Bank were going to offer him a 0.15% discount due to the loan amount.

I gave him a range of options and another…[Read more]

Swampy

Not sure which part of SE Qld you are in or advertising for business but we certainly are receiving many enquiries.

As Terry mentioned the non conforming market is booming and many clients find they can’t meet traditional guidelines. try some of the regional areas where prices are no so high and competition is less.

We have only eve…[Read more]

Good to hear that you are going to take things slowly.

The Options market is like the roulette wheel and dominated by the big institutions. Great game for the knowledgeable but it is like holding a buring piece of paper eventually it burns to your fingers and you loose your capital if you are not smart enough to take preventative action.

You can…[Read more]

Carlin

As the previous posts have mentioned have a look at previous threads on the difference between the 2 but if you still have questions feel free to ask.

Richard Taylor
Residential & Commercial Finance Broker
Ph: 07 3720 1888
richard@yourstatefinance.com

Hi there

First question first. Lodoc loans residential start at about 6.5% and go up from there and commercial around 7.1% dependant on the security and the LVR. No doc loans maybe slightly more expensive.

To accurately quote interest rates and terms and conditions additional information would be required.

Many lenders don’t do credit checks in…[Read more]

Hi Spiro

This wouldn’t be an illegal advert for your services would it?

Richard Taylor
Residential & Commercial Finance Broker
Ph: 07 3720 1888
richard@yourstatefinance.com

Derek is right although admitedly i am slightly biased.

Your Bank will tell you what they have to offer only. They can’t tell you whether they are competitive of whether the structure is correct.

A independant broker has a whole range of lenders and products to appraise and can usually not only save you money but ensure that you loan is…[Read more]

Hi Wte

There is no Australian based lender that will take US property as security but many lenders i deal with in the US that are happy to lend to Foreign Nationals.

Feel free to ask us any questions you have on US Finance.

Richard Taylor
Residential & Commercial Finance Broker
Ph: 07 3720 1888
richard@yourstatefinance.com

It is difficult & illegal for anyone who is not Licensed to offer you financial advice on the forum. Without knowing your exact position and a full fact find i won’t try here.

However all i would say is that every person’s goals and asperations are different and everyone has a different expectiation as to what sort of return they want to…[Read more]

GR

A Property Developers License is required under the Qld Property Agents & Motors Dealers Act 2001.

Richard Taylor
Residential & Commercial Finance Broker
Ph: 07 3720 1888
richard@yourstatefinance.com