Might want to do a search on BoLong Pty Ltd from Qld to see what sort of returns you can be promised.

Some people never learn if it was that easy dont you think we would all retire and borrow to the hilt to invest in a scheme paying that sort of retire.

We have over 178 properties which we have wrapped and receive 9.25% return which i consider…[Read more]

We settled 13 new deals in November of this year which is more than any previous month in the previous 8 years.

We could have settled double that anount but have decided to tighten up our lending criteria.

As Terry mentioned many of the clients could obtain non traditional style lending at an array of interest rates but choose to to take a wrap…[Read more]

I think a telephone call to the OFT In Qld would give you the advice you need.

Cheers Richard
richard at fhog.com.au
http://www.fhog.com.au

There is no such thing as a problem.
Just a solution waiting to be found

ascending

Don’t want to put a dampner on your enthusiasm but please first make yourself aware of the legislative requirements in Qld if you intend to act as a Buyers Agents.

Cheers Richard
richard at fhog.com.au
http://www.fhog.com.au

There is no such thing as a problem.
Just a solution waiting to be found

Allan

If you wish to breach State legislation that’s a matter for you.

Personally, i am a believer of doing things by the book and consider if you act ethically in this world it will benefit you in the long run.

No i am not getting on my soap box just slightly fed up when i hear people want to cheat the system to save a buck or 2. Thankfully…[Read more]

If the security is in Qld I might be interested to help.

Let us know?

Cheers Richard
richard at fhog.com.au
http://www.fhog.com.au

There is no such thing as a problem.
Just a solution waiting to be found

I agree more with Terry.

The majority of our deals are done on a variable of 9.25% (9.5% if the introducer is receiving a commission) and we are paying on average around 6.75%.

Wouldn’t do it for much less and we have the advantage of volume.

Cheers Richard
richard at fhog.com.au
http://www.fhog.com.au

There is no such thing as a problem.
Just a…[Read more]

Fred

Hate to say the Act has made provisions for that.

Splitting the work up doesnt get you around it.

Cheers Richard
richard at fhog.com.au
http://www.fhog.com.au

There is no such thing as a problem.
Just a solution waiting to be found

http://www.bsa.qld.gov.au

As licensed builders we come across this all the time. Customers think they are allowed to renovate their own home or an IP without the appropriate licenses.

Cheers Richard
richard at fhog.com.au
http://www.fhog.com.au

There is no such thing as a problem.
Just a solution waiting to be found

New one!!

Don’t think so you might want to check out the 1991 Qld Building Services Authority Act.

Cheers Richard
richard at fhog.com.au
http://www.fhog.com.au

There is no such thing as a problem.
Just a solution waiting to be found

Dear R & L

Just remember that in Qld any work performed or co-ordinated by yourself over the value of $6600 requires a Permit and if the commercial value of the work is over $11000 then you are required to attend a OB Course.

The BSA are randomly auditing renovation work and the fines now being handed for unlicenced owner renovaters is getting…[Read more]

Steven

Cheers for the wrap.

Cheers Richard
richard at fhog.com.au
http://www.fhog.com.au

There is no such thing as a problem.
Just a solution waiting to be found

Try Kevin Hayes in New Farm. Ask for Derek. Not the cheapest around but you do get what you pay for

Cheers Richard
richard at fhog.com.au
http://www.fhog.com.au

There is no such thing as a problem.
Just a solution waiting to be found

Chris

You mention you have spoken to a mortgage broker that is au fait with wrapping and has done some himself.

I would make sure that he is fully disclosing to the lender that you are wrapping the property otherwide you will be a party to fraud and that doesn’t bode well in starting off your wrapping career.

If in any doubt talk to Terry,…[Read more]

Chris

You mention you have spoken to a mortgage broker that is au fait with wrapping and has done some himself.

I would make sure that he is fully disclosing to the lender that you are wrapping the property otherwide you will be a party to fraud and that doesn’t bode well in starting off your wrapping career.

If in any doubt talk to Terry,…[Read more]

Wendy

No doubt Steven will correct me if i am wrong but you might like to try Tonto they used to take NZ property as security.

Cheers Richard
richard at fhog.com.au
http://www.fhog.com.au

There is no such thing as a problem.
Just a solution waiting to be found

Brooke

Having completed over 150 wraps i hate to say i concur with Derek.

For every day you are holding the property and it is not rented or sold via an installment contract then there is a cost to you.

Why not in future assess the potential wrappee first and be happy with them and then issue them a letter of offer giving them a guideline on…[Read more]

Mini

Sorry to put a dampner on your last post but in Qld starting a dating agency now requires a license.

Everyhting else on your list sounded fine.

Cheers Richard
richard at fhog.com.au
http://www.fhog.com.au

There is no such thing as a problem.
Just a solution waiting to be found

Hi Del

Havent we been down this track time and time again.

Cheers Richard
richard at fhog.com.au
http://www.fhog.com.au

There is no such thing as a problem.
Just a solution waiting to be found

Steven

I apologise they settled one for me in western Qld last Thursday so i assumed it was still valid.

Cheers

Think that means its the Heritage BS in future, help me if we are in hurry.

Cheers Richard
richard at fhog.com.au
http://www.fhog.com.au

There is no such thing as a problem.
Just a solution waiting to be found