Sorry if this has been posted before, does anyone know about someone called Todd Polke?

http://freedom360.com.au/free-events/

Thanks

QL

Coming to an end figure for a development site is dependent on what this particular developer can extract out of the site through ‘highest and best use’.

This will be driven by market demand in the area, types of properties already developed in the area, what they sold for, his or her creativity, new trends emerging in the area,…[Read more]

Well said Matt007, well…

Bob Andersen wrote:
" Well, there's no secrets offered here other than that Zaffar Iqubal has been twice bankrupted for failed business ventures and was, according to the authorities, also banned from being a company director in Australia."

The only piece of useful information that Jenman offers here is that Zaffar (whom I…[Read more]

Rgs

QL

Appreciate your response. I had been searching the forum for around 10 minutes or so without finding the answer – so much appreciated.

Rgs

QL

Well said – totally agree with that – price is not a major factor. Better to pay more for someone on the same…[Read more]

One currently does my personal and company returns.

The other is a property expert giving me property advice.

I would probably prefer that one Accountant ultimately does everything, so might change this structure as my activities start ramping up

Rgs

QL

I met with Dale last week (and am now reading his excellent book – Trust Magic.) He suggested the best method was to find a suitable solicitor to set up the trust for me, and unfortunatly he didn’t have any recommendations on who.

So, if anyone has any ideas for someone in VIC (preferably eastern suburbs) that would be…[Read more]

Rgs

QL

QL

There’s probably a myriad of other reasons why businesses often don’t own their own premises. I’m not typing from any commercial property experience – just theory. I’m sure some of the more commercially focused savvy investors can give you a more solid answer.

Rgs

QL

I may have an answer to that question – many businesses make such good returns on their cash that a property investment would seem…[Read more]

I have read via the forums lately that +ve cashflow deals are still…[Read more]

This is the type of stuff I’m looking for, some real life examples that we can base some calculations on. It will take us some time to reach guru status so maybe an ‘average’ deal would be good also so we have something to aim for in the first instance.

Thanks again, and much appreciated.

QL

Thanks Derek [thumbsupanim]

QL

Just one question, do you find agents reluctant to give you access to the vendor? If so, how do you overcome this?

Rgs

QL

That would be great,

Rgs

QL

Hi MaiA, I haven’t done one yet, just gearing up for it (starting to do some due diligence at the moment).

I’ll post up here when I’m in the midst of it.

Rgs

QL [suave2]

Great stuff! I am also in the process of looking into an aquistion using an Option….

Can I ask, how did you net the $15K? Did you do anything other than onsell the option? Did you take title on the land?

Rgs

QL [exhappy]

Are you married or single?

If I was single and in your position, I would look at a local property that fits the following critera:

– Subdividable or potential for future development
– Heaps of space (ability to setup many rooms)
– Renovation potential to add immediate value

I would then investigate the concept of buying a PPOR,…[Read more]

Good suggestion about second hand cots and prams for the kids a few posts ago, we have children and when our first came we bought the best of everything thinking we were doing the best for our new bundle. Now the $1100 emalunga pram is sitting in the garage, go figure…[happy3]

Cheers

QL

AndyM, I’m afraid I was one who gave you one of those suggestions [tongue] I probably should have qualified that I didn’t mean for your wife to consider Tupperware…[Read more]

Nice to see how you’ve been supported through this – I’ve only been around on this forum for a short time, seems there’s many a decent person here indeed! [exhappy]

One other option for some additional cash flow, see if your wife likes the idea of running her own tupperware business. I have close freinds who run them and could hook…[Read more]

Without knowing your market, I’d say it sounds like an excellent idea. A wise person once told me “never sell real estate – just buy”. Whilst many would disagree with that approach, if you believe your PPOR will have good long term growth, AND you can develop in the future, I’d definetly hold onto it.

Make sure that your family are…[Read more]

Rgs

Richard

Cheers

Richard

I am 33 and went absolutely gung ho at investing about 3 or 4 years ago. Anyway I was in the midst of my first (and sizeable) deal when Sept 11 struck. Key people in my deal got nervous so it fell in a heap. I came out unscathed and alot more cautious, now have kids and a good job again (Sept 11 also caused redundnacies in IT…[Read more]

It seems I need to register on the website to see your ad…You’ve piqued my curiosity – so was keen to see the ad.

Any chance you can post the copy here (instead of the link)?

[smiling]

Regards

Richard

Let’s hope he changes his user name and starts again with a slighly better attitude next time! [angry2]

The subject line is about nothing down strategies. How do your comments/posts help other forum members in regards to ND strategies? They don’t! They’re simply a waste of time! [angry2]

Richard

If there’s something on the horizon like a high speed railway, etc then it might improve again….

My gut instinct however based on your information would be to sell and find a better town.

Cheers

Richard

Cheers

Richard

Great to hear that’s it’s done and legal. Why would I have to pay stamp duty? Isn’t stamp duty only payable when the title is transfered in the stamp duties office? I won’t be transferring title to my name….

Thanks again.

Cheers

Richard