did anyone attend the Melbourne Property Expo. Was it worthwhile? Did the speakers add to knowledge or was it just a sales fest.
I went today
Heaps of sales pitches but also some interesting presenters. Guy from Residex gave some interesting stats on rental markets and their hot picks for capital growth in Melbourne, Brisbane, and Sydney.
I was amazed at the concepts businesses come up with to flog real estate!
Also heard the capital gains vs +ve CF arguments
could you elaborate on one of the points you made:I was amazed at the concepts businesses come up with to flog real estate!
Could you outline some of the concepts that amazed you???[blink][blink]
Eg one company matches up tenants with yr IP and puts the tenant on a lease to purchase contract where they manage the whole process from start to finish (over a 7 year period). They charge the tenant a fee and the owner.
Or another that locates land in the UK that does not as yet have any planning approval for residential housing. The nominally subdivide it and sell “lots” for a low cost (eg. 8000 pounds for a 350m2 lot). You then wait (and hope) that planning approval is given at some point. When that happens they sell to a developer and you make profits.
FlyHigh [cap]skippygirlMember@skippygirlJoin Date: 2003Post Count: 127
Do you remember the name of the first company – the lease-option one?
It’s at home, I’ll PM you tomorrow with the name
FlyHigh [cap]westanMember@westanJoin Date: 2002Post Count: 1,950
You must be logged in to reply to this topic.