Recent content by Jodie701

  1. Jodie701

    Perth Finance Broker?

    It's interesting to hear the update. I wonder what will happen when she gives evidence on all the banks. I wonder if the charges will be dropped or will she just be given a slap on the wrist and the banks given a 'small' fine.
  2. Jodie701

    Irresponsible scaremongering

    I've been following the whole Europe and American crises for a few months now and this is not looking like any ordinary recession. America and Europe are on the brink of bankruptcy. There is no avoiding it. There are no more tricks left to be played. This will have world wide repercussions.
  3. Jodie701

    getting PPOR ready for sale AARGHHH!

    We're currently getting ready to put our PPOR on the market too. We also have a 'junk room' filled with boxes from the last move nearly 4 years ago. It's a painful process. I open these boxes and they are filled with memories, that I'm still not ready to part with! We currently live in our...
  4. Jodie701

    Wholesale land?

    Didn't do it I know's it been awhile, but thought I would just update. Thanks everyone. I know I came across as being a bit daft. I felt a bit stressed out as it was happening so suddenly and I had no info in hand about the deal and wondered if there was any last minute info to pass onto...
  5. Jodie701

    Wholesale land?

    Tony because so many blocks were bought at once they've negotiated on their terms. Their members who buy land will have a clause that says you never have to build
  6. Jodie701

    Wholesale land?

    Yes 3yr bronze membership is $3300. Looking at current prices, it seems that we'll be paying a premium. So if we pay aprox $70k now (22k x 3 blocks plus $3300) and $200k in 10 years at settlement (total $270k). Say If the blocks together are only really worth $180k now but triples, then...
  7. Jodie701

    Wholesale land?

    MJD I asked how many blocks have they sold. I was told they sold aprox 500 to their members and that this is their first time round offering these options to their extended email lists. Did you go along to the seminar with someone who's already a member? You don't have to be a member to buy the...
  8. Jodie701

    Wholesale land?

    Hey Tony, The amount of land on offer is equal to about 20% of the total land release, so the current holders are still keeping the bulk of it. They're just happy to sell some now at a discount in order to get the money to give to the council to start the development process.
  9. Jodie701

    Wholesale land?

    Hi Mary, In reality we don't really have any clear investment goals, just going along and seeing where it takes us. Shepparton is expecting a growth forecast from new employees into the area, to retirees for a tree change. Shepparton produces 25% of Australia's milk and 90% of tinned...
  10. Jodie701

    Wholesale land?

    Last night I went to a 'free' seminar run by the 21st Century Academy about buying wholesale land. To sum it up, the Academy has bought a large amount of farm land just south of Shepparton VIC. They say the land is planned to be developed into residential starting in 10 years time. They are...
  11. Jodie701

    Does your PM give you your tenants names?

    We viewed the application of our first tenants, but this time round the RE has found tenants and has only told us of their occupations. I know that we don't really need to know, just curious as to what normally happens. Also it's been about 3 or 4 months since we've received rent on the...
  12. Jodie701

    Mothers Day

    My 3 yr old made me a paper flower with a beaded stem at Pre-Kindy. My (just turned) 5 yr old son gave me a beautifully wrapped present with a Mother's Survival Kit poem with a little zip lock bag that contained all the survival things that he had put together at Pre-Primary. My hubby got me 3...
  13. Jodie701

    Have I shot myself in the foot here

    How do think you'll manage to sell without any fees? Even if you self advertise, to avoid an agent you'll probably need some form of paid advertising. It's unlikely that you'll sell for that exact figure and get $140k cash. Possible, but unlikely.
  14. Jodie701

    Perth Finance Broker?

    I wonder if her husband and kids still live in Perth or whether they've gone with her ... doesn't make sense does it? Her leaving her family over this or having to drag them around the world with her away from their friends / schools / jobs / home ... crazy women that looked quite sane when I...
  15. Jodie701

    Our tenants are being evicted today

    They are refusing to leave. The TCCC said they had to be out by the 26th of March but they did not leave. We've now just got word from the Sheriff. The Sheriff will be out on the 15th of April (that's the earliest they can do). The Sheriff is the one who can physically remove them from...
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