Watch out for adds in the FinReview under Sintinel Healthcare (health care Property) ( sophisticated investors) money raising.As a test ring the number and ask for an information memorandation, also ask for the names of the directors and sharholders of Sentinal.

How old is this company
Who is on the board
Who will be running the ship
What is the…[Read more]

Foundation,

I bought an investment property in 2001 in Hunters Hill Sydney for $660,000.00 and had it valued last week at $1,580,000.00, so i hope it does double – only time will tell.

resiwealth

There is a good article in “findlaw” regarding a Brisbane solicator not disclosing to clients for the second time the full commissions and fined again.

My view is he and his counterparts should be closed down, people should get independant advise and must use an independant solicator not recommended by the selling agent.

resiwealth

Cripes Rob why didn’t you ask me a simple question, i really don’t know what to say other than say 70% to allow for any varience in the event of a fire sale.

resiwealth

I have an appointment with the fraud squad next week, we are also going to the ASIC with all the docs.

The main guy running it has a history it works out of doing this.

Personal guarantees and fixed and floating charges over the companies assets r not worth the paper they are written on.

When i finish with these p…ks they will be behind bars.…[Read more]

OK Rob i’m in … good post … yes i would lend as long as i had first mortgage security over real property and a ligit valuation.

I would also insist that in the event of default and forclosure i can claim for lost interest and costs.

Phil

How much did interest rates play in this equation?? i remember in 1997 (please help me) that interest rates went under 10%.

resiwealth

If the rates drop i can see another buyer confidence back into the market. The biggest portion of the market is UNsophisticated look at what happens when u offer interest free periods on store items etc.

lower interest rates on credit cards results in more spending and a future result in this is greater consumer debt.

Nothing will change in this…[Read more]

Hey SIS you’re on the money again with many great points, i thought they were in my seminar he he …

You r wright 1965 + 65 = 2010 and i heard that 2011 was the dreaded date, so i don’t think that your 2015 prediction will b too far out.

getting the older gen to work longer????? i don’t think think they will b too happy.

Other major issue is…[Read more]

Hi Dimichie, u r a drop in the ocean trying to change the world … good luck … this is what happened to Neil Jenman, problem is where do u stop.

As i have said to u any times, you have a point BUT … what r u doing about creating WEALTH for your future … give us some suggestions.

Its great to have an opinion but not great to be…[Read more]

Do you think there is any consistancy with all these so called experts, or are they just submising other sentiment.

Some say 4 others say 7 and i am getting dizzy, can any of them predict the bottom.

resiwealth

Dimichie i love the way u think (not).

2 ways to make money, good luck and good timing, IMHO, and yes i am a bucket load of fun at the dinner party.

If u feel guilty about making profits then that explains a lot to me about the way you post topics, if u want to give it away i will give u my account details and i will double it for u in…[Read more]

Great now back to Delboys post,

To gain experience i suggest u start with a single house and land project.

I have just bought 3 blocks in Goodna for 75k each, i can build an 18sq 4 bedder with air and dlg etc for 140k inc. land scaping and i intend to resell them for 295k.

Actually to tell the truth they have been sold already, u can do the…[Read more]

Welcome spiderman (love your mane) yes what u r saying can b done however there r many things to consider.

I have done this myself BUT u need to get legal advise and exersize FULL DISCLOSURE to all parties, including the ato. Good thinking mate and good luck.

Never bite off more than u can chew unless you have the guts to swollow. Good post 4…[Read more]

Rakesh go do one then post your success, my view is that these deals r 1:100, in life there r hypotheticles and realities. In a perfect world you should be a millionaire now.

I hear people every day that say “if i do one of these a year” but at the end of the day they don’t??? i’m confused.

The only way to make money is to take the plunge, i…[Read more]

Thanks M.Y i’ll check out your web site, i like to know what other developers r up to …

Phil

Hi allan i’m not sarcastic just logical. If u feel that there r people bashing others then u have the opportunity to pull the post back in line.

Yes your view is correct and does happen a lot on this forum me included so u r not alone. However i think that posting a similar post only spreads the disease.

So Allan i am a developer in QLD, give me…[Read more]

1. Look up the yellow pages.

2. Do a google search.

3. Ask the town planner at the council to recommend a few.

4. Ask your architect.

5. Talk to your builder for names.

6. Get a certifier to advise

got the picture, where is the development????

New water control regs are very hard and costly in Sydney, i am building a new 44sq home in…[Read more]

Hi Mark, yes, QLD is being good 2me even in todays market, have a look at Ipswich and Toowong.

Rakish, quick turn around???????????????? – good luck but don’t bank on it as you really neeeeed to know what u r doing and if u r not experienced ………..

resiwealth

I don’t know your project but it sounds like hard work to me.

Why not clean the canvas and start from scratch, i would employ (as i do) a reg. certifier to deal direct with the council.

I have found that spending a little money and employing an expert you will save in the long run, also i don’t trust the councils town planners because they have…[Read more]