Strider

You will always receive a lower CG in a rural area.

Why not consider wrapping the property rather than merely renting it out.

As depending on which town the property is located the price of $87k may not be that cheap. Why not wrap and get the best of both worlds.

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

There is no such…[Read more]

Lindsay

Yack is right. We have provided Vendor finance for over 130 properties which we have wrapped in our Company name.

When we started in 1996 we certainly did not receive assistance in locating clients or properties and had to do the hard yards ourselves.

You can’t expect anyone to put it on a plate for you.
Do your research, read and ask…[Read more]

Mary

I guess you have looked into the license requirements in each State you intend to market your Website.

Certainly in Qld you would need to be licensed and may need a full Real Estate License dependant on the numbers of properties you intend to market each year.

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

There is no such thing as…[Read more]

Freedom

Yes it can.
At the moment dependant on the type of property you are looking at circa 8.75-9.75%.

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 John Murphy & Associates.

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

KB

We as a Brisbane based Company have wrapped over 130 properties in Qld and have been involved in Vendor Finance since 1996.

I retired at 37 although after a year felt i had to go back to work to keep the mind active.

Please feel free to email me if you need any further advice.

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

There…[Read more]

michael

2 questions:

1) Without having to look up on RP Data what did you pay for it?
2) Does it have LCC consent for multi letting?

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

Penguin

Are you looking at wrapping or property investing.

If you are considering wrapping in Qld then you need to be aware of a few issues including:
1) When the FHOG is paid.
2) Stamp Duty scales and dates due.
3) Some variabces under the Qld Property Act.

Lastly one big difference. Properties in Qld (excluding Brisbane) and significantly…[Read more]

Dave

We have 131 properties now all of which are wrapped.
As a company we employ 2 full time staff to manage the day to day correspondance. loan statements,FHOG processing etc, etc.

I assure you its worth 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

Josh

Email me if your query relates to Qld and i would be happy to advise you.

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

Kramer

Why go interstate. Mel at Home Loan connections is a regular contributor to the site and she is based in Brissie.

Is finance for wraps you are looking 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

We have just finished refurbishing 14 x 1 bedroom units in the West of Brisbane all under 50 square metres.

Having arranged finance for purchasers on over 10 of them ourselves we used a combination of Banks. Try HSBC, Bank West or St George dependant on the LVR.

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

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

fullout

What is it you are after?

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

gen

Firstly what is the purchase price and what is the valuation.

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

Mel & Andrew

All our stock is sold at valuation.
The simply reason we use the Investors CLub is that the Contracts are ready to settle as soon as we have finished the construction or renovation. The Club charge the developer a flat fee of $11,500 + GST for properties upto $300,000 and require no marketing or advertising monies.

In Brisbane most…[Read more]

NO Bec

We do our own wraps. The Investors Club through their licensed Real Estate agency market and sell our own residential development stock.

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

We started our involvement with the Investors Club in the first 6 months of their operation some 6/7 years ago when Kevin Young worked from home.

Our involvement was on the other side as a Developer and the Club wishing to sell our properties.

All I can say in the years that we have been involved with the organisation (and they still sell our…[Read more]

Hoarel

I don’t mean to be negative but can i just openly crunch some figures with you aload.

Purchase Price – Assume $1.1 Million

Costs of Subdivision – $360K (will vary from Council to Council but based on our last Land Subdivision in Brisbane) includes surveyors, engineers, Council Application, Headworks & Parklands contributions…[Read more]

Congrats Jaap on your first purchase.
We have 26 houses (all wrapped) in Rocky so i guess you can see what we think of the area.
Which suburb is it in?

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

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

Kyl_37

We buy, refurbish and strata title blocks for a living in SE Qld and have never found a shortgage. If you need any specific questions answered please feel free to email me.

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

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