Recent content by Lesley

Hi All; I thank everyone who responded to my previous request for assistance regarding this subject. However, I only received one private reply as to where others source their Wrap financing. I have tried to find some Lenders that will do this and so far have only come up with one - and...

I have noted with interest others comments on auctions and the price ranges Real estate Agents place on properties. I purchased my first IP at an auction - I loved the process - I went with a plan and stuck to it. I was cautous about Dummy Bidders (have seen that in action first hand more...

The Value of Research and Independent Valuations Hi Andrew; Yes, my partner and myself did end up purchasing an IP. We purchased our first IP in July 2002 - In Melbourne - close to where we are and in an area where we know what is what, what is happening and where things are. We are...

Wrapping Finance Mike; Thankyou for all your information - I found it to be most insightful, educational and very informative. I thankyou for the time you invested in replying - much appreciated. I am starting to get a better understanding now. Regards Lesley;)

Value of Research and Independant Valuations I don't think they dared to enforce the waiver - you don't mess with me and get away with it lightly. They may well have had legal recourse - but the damage they risked to their reputation from it been made public, would not have made it worth it...

Independant Valuer Hi Bruce; What I did was phone the 'Valuers Registration Board Queensland' and they gave me the name of 3 Independent Valuers. I phoned them all and picked the one who I thought would best meet my needs. Name: Tony Crane email: [email protected]...

The Value of Research and Independent Valuations Well, interestingly enough, they "did" get us to sign a waver - they talked us into signing the waver by stating that no one ever does get an Independent Valuation and it would not be a sign of good faith on our part to do that either. It is...

Posted by Mike: B]When you know why lenders have such a clause then you will understand why they don't support wrapping.[/B] Can you please explain this to me a little more please - I am still new to all of this. Does 'Due on Sale' mean that the whole of the mortgage becomes due to be...

I was not sure which section to post this in, but "Buyer Beware" is most appropriate. At the beginning of 2002 I discovered Robert Kiyosaki's book "Rich Dad Poor Dad" on the Internet, while doing some research on Home Business Opportunities. My partner and myself read that book with much...

Hi All; I thank everyone for the feedback on "Wrapping" - I have found it most useful and benifical - as well as very informative. Now I would like some information on "Where others get their Finance from to do their Wraps". It sounds like that is limited re: sources for Wrap friendly...

Melbouren Suburbs What if you can pick the next suburbs to have a "sustained" growth surge. It seems likely to me, that Melbourne has sprawled just about as far as it can, in some directions - which leaves the remaining directions RIPE - given time, to develope in the same manner. OK -...

Fawkner!! Well that was some responce re: Fawkner - very impressive Kevin and Thankyou very much. I have been reading many posts and lots of growth figures, which brings me to another question - well, a couple actually!! Is it not wiser to invest prior to a suburb reaching its growth...

:confused: Hi All; I am new to this forum and also to the world of PI. Through this forum I discovered "Wrapping" and have done some research to find out exactly what it is and how it is done. I would very much like to hear from others who may be involved in "Wrapping". My...

Hi, My partner and myself have spent a lot of time investigating area's in Melbourne that still have potential. Based on our research we recently purchased in Fawkner. Fawkner is still affordable, is within the 12 km radius from the CBD and is ripe for growth. I have heard that Pascoe...