Or a reason why the properties are for sale!

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

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Comments made are of a general nature and should not be construed as individual advice.
© 2004 Mortgage Packaging Pty Ltd

Genki,

There are a lot of mortgae brokers on this site to choose from. I think you will have difficulty finding a good one in WA as the WA Government restricts non-WA residents from operating there resulting in a closed-shop for WA based brokers. As a result, I don’t think they put in as much effort. I found so many investors over there did not…[Read more]

Is that part of the Pacific Highway / Freeway upgrade?

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

FREE Finance-Related Newsletter – Click Here

Comments made are of a general nature and should not be construed as individual advice.
© 2004 Mortgage Packaging Pty Ltd

Bruham,

The newbies are learning and are excited to post something. They later realise their mistake. Many of the regulars have done it themselves but learned from experience.

In the scenario you outlined, no-one here is advising readers to do that. It seems the person you describe received some seriously poor advice to set up their finance in…[Read more]

I would never dream of it Jo. I am scared of women!!!

I think most men are.

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

FREE Finance-Related Newsletter – Click Here

Comments made are of a general nature and should not be construed as individual advice.
© 2004 Mortgage Packaging Pty Ltd

Hi Iboffer,

I wish I faced your dilemna.

Your seems to be a structuring issue. I would sit down and draw up a plan for what you wanted to do over the next 5 years, organise a correctly strucured finance package that will provide you with flexibility to do what you want to do and provide the most benefit and go from there.

I would suggest a loan…[Read more]

You are certainly not old school Jo. I know what you get up to!!!

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

FREE Finance-Related Newsletter – Click Here

Comments made are of a general nature and should not be construed as individual advice.
© 2004 Mortgage Packaging Pty Ltd

I recently bought (1/12/2004) into a 100% geared fund – Macquarie Fusion. I am awaiting the first set of figures but I chose 75% Australian Shares and 25% International. I consider this a much better investment return wise with the downturn in property prices recently and expected to continue for a few years.

Robert Bou-Hamdan
Mortgage…[Read more]

No need to tread on eggshells with me Jo. You know that!

I believe that those who borrow less do so because of their risk profile and / or knowledge regarding investments. They are the ‘old school’ who believe in one loan and paying it off quickly.

They usually do not seek alternative investments that require high gearing and don’t bother with…[Read more]

Yes. It is working fine.

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

FREE Finance-Related Newsletter – Click Here

Comments made are of a general nature and should not be construed as individual advice.
© 2004 Mortgage Packaging Pty Ltd

In regional areas or small towns. Stay away from the cities as you will most likely not find anything suitable.

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

FREE Finance-Related Newsletter – Click Here

Comments made are of a general nature and should not be construed as individual advice.
© 2004 Mortgage Packaging Pty Ltd

Bruham,

Who said we are pushing this on people? I suggest you read the thread again properly.

These types of highly-geared loans are for those who can afford it – ie: strong serviceability. There are also loans out there that allow 100% – 106% for new purchases. The default rate is very low because of the strict guidelines.

Someone can lose…[Read more]

I am not aware of any LPT returning 15-20% p.a.

As for LIC’s, these are high risk unless they have a strict charter based on secure investments whereby their returns would be minimal.

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

FREE Finance-Related Newsletter – Click Here

Comments made are of a general nature and should…[Read more]

Can you tell us the town so we can buy property there? A new highway usually increases property values substantially. Unfortunately, your mother might not be so lucky.

Robert Bou-Hamdan
Mortgage Adviser

0414 347 771
robert@mortgagepackaging.com.au
http://www.mortgagepackaging.com.au

FREE Finance-Related Newsletter – Click Here

Comments made are of a…[Read more]

Anything is possible if it is agreed to by the vendor and the purchaser. This is a question for your solicitor as to including the right terms in the purchase agreement. If I was the vendor, I would be requesting the rent until settlement. It comes down to how well you negotiate.

Robert Bou-Hamdan
Mortgage Adviser

0414 347…[Read more]

Why not use a lease option or a wrap?

Robert Bou-Hamdan
Mortgage Adviser

0414 347 771
robert@mortgagepackaging.com.au
http://www.mortgagepackaging.com.au

FREE Finance-Related Newsletter – Click Here

Comments made are of a general nature and should not be construed as individual advice.
© 2004 Mortgage Packaging Pty Ltd

Most people on here won’know what you are talking about. I must assme you are referring to the following…

LPT – Listed Propert Trust
LIC – Listed Investment Companies
NTA – Net Tangible Assets

Robert Bou-Hamdan
Mortgage Adviser

0414 347 771
robert@mortgagepackaging.com.au
http://www.mortgagepackaging.com.au

FREE Finance-Related Newsletter – Click…[Read more]

I am not that innocent either. I did not send the usual gift basket or bottle of wine to my clients this year either. For me it was a cash-flow issue as I had to take on a heap of debt two months ago to help my brother out of a major jam and it has caused all sorts of cash-flow issues (for other reasons not worth talking about again). Anyway, I…[Read more]

You can offer a lower interest rate than the bank because the wrappee is paying interest on a higher amount.

For example, if the vendor bought a 100k property and only borrowed 60k, they may pay interest at around 6.5% on 60k.

The wrappee who pays no deposit would pay on the whole 100k and, if the vendor is generous, can charge them a rate of 6%…[Read more]

What was his reason for not answering the questions about how much he charged for courses etc?

I have a favourite quote that goes something like this:

“In a gold rush, it is the ones selling the picks and shovels who gets rich”.

Rick sells ‘picks and shovels’.

I was also concerned that he could not concede that there are unscrupulous operators…[Read more]