Recent content by Marx

  1. M

    WRAP advice please

    Hey guys..quick question that may seem like "dahh" but I didn't realise I wasn't 100% sure until it came up while a potenial buyer asked me over the phone :o Stamp duty in NSW..when does the buyer have to pay it-As soon as they move in or after settlement in 30 yrs? How does it work...
  2. M

    WRAP advice please

    Hi Tobe..thanks for your post. "Cashflow mortgage"- are you referring to a line of credit? The negative cashflow is the main reason, yes. However, this is a great opportunity to try out my luck with wraps as I've known about the strategy for years. I want to give it a go! Also, a few grand...
  3. M

    WRAP advice please

    Hi Oscar, As you know from my post, I'm having a little drama finding some buyers :confused: Thanks for helping me out mate.. much appreciated Arthur
  4. M

    WRAP advice please

    Loving the feedback guys...I forgot to ask one thing- How long does it usually take to find some genuine buyers? I'm hoping to get all this over with withing the next 2 months tops :) Just to make a point-I'm not getting into the wrapping business. My investment strategy is more along the...
  5. M

    WRAP advice please

    Hey guys, Chef, we're definately considering running a few different ads. We'll wait to see how things go with this one first. BlackSpider, the reason we don't want to sell is because the market has taken a slight downturn and we would have to sell for (at highest) what we paid for it and...
  6. M

    WRAP advice please

    Hi GSJ, I can appreciate where you're coming from and the reason we want to wrap this house is because it is negatively geared and the pain of paying $200 per week has gone past threshold.-It's very debilitating. In terms of the benefits for the potential buyer, the list is quiet long: 1)...
  7. M

    WRAP advice please

    Hey guys, We've had a bit of a drama trying to get people. We placed an ad in a few local papers and havn't had much of a response. It seems as though we are not reaching our target and ppl aren't grasping the concept. The ad we used was: "Owner needs to sell tidy 3br home now and will...
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