Recent content by TasInvestor

  1. T

    Subcontractor Ripping out Work!

    Good one Pa1nter!, however this situation is a tad different. Terryw property is in Tasmania.
  2. T

    Subcontractor Ripping out Work!

    Hi guys, I have a mate who has had a building built by a registered builder, however the builder has not paid the subcontractor (apparently) and now the subbie wants to rip off the guttering and other items... my mate paid the full amount to builder as specified on the contract. He told my...
  3. T

    Insurance Companys love to rip us off...

    * $225m in home warranty premiums were collected, but only $16m paid out in claims * The premium-to-claim pay out ratio is well below normal * More insurance news in our Money section INSURANCE companies are ripping off New South Wales, with figures showing they collected $225 million in...
  4. T

    Please CBA - tell me you are KIDDING

    Went to Westpac to open a buisness account for a new business I've just set up. First they tried to tell me that I needed to book an appointment with the business banker who wasn't available until that afternoon. I told them I only want a business account opened, I don't want to come back...
  5. T

    Another loan advice please.

    Usually you need two years of business figures, however you might be able to get around with one if you are prepared to pay a higher interest rate.
  6. T

    Finance article in this weekends AFR

    Additionally the Government is also moving forward with broad ranging reforms to the consumer credit market including the introduction of positive credit reporting and responsible lending laws. These changes will allow lenders to better assess an individual's credit risk and will deter the...
  7. T

    Help please, do I pay for a lease agreement to be prepared?

    <<"The landlord says he will get a lease written up by his solicitor. We are required to pay for this expense which will cost about $1500, does this sound like a reasonable amount? This is based on his solicitors rates.">> Its not too bad. Usually it ranges from $900-$2,000. However...
  8. T

    Finance article in this weekends AFR

    Positive Reporting is BS I don't see many positives to 'positive' reporting. Positive reporting is a misdemeanor - there are very few positives.. Mainly it is a tool for banks to reduce their risks further. They give you a score (FICO) based on all sorts of things - total repayments, total...
  9. T

    re; First IP property not waiving right to FHOG

    That is correct, simple answer is as long a you did not live in the house you can claim FHOG.
  10. T

    Franchised Banks

    "but are limited to the credit policy of the Bank." Richard is correct, all loans are approved via head office, which has caused some anger from franchisees.
  11. T

    Setup of new Accounts

    Hay all, I am doing two projects with a builder (with hopefully more to come... perhaps) and we need to set up a system that can account for each project separately. Of course the builder is a builder and is not the greatest for keeping receipts, doing (any) paperwork, etc. Perhaps have a...
  12. T

    Sourcing building products from China

    Shipping from China is what we do. Really you do have to go over there because of QC. Weve had laminex kitchens fade and things not up to code. Alos some things you can get cheap... And some things (like Tiles) you cannot - please note I am refering to real quantity here and our Aussie...
  13. T

    Builder in North West Tasmania (Burnie)

    Hay guys - although I've got some good contacts with established builders, I am looking for a fast youngish builder (or older builder who can manage) to do some large additional building projects. I am looking to give some a go here rather than just go with the same 3-4 players. Any thoughts...
  14. T

    Replastering

    From my very, very limited knowledge plater sheet it shouldn't be too much of an issue, just make sure your screws go into your beams/stud/etc.
  15. T

    Difference b/w Subprime lending & FHB Grant

    Will there really be another interest rate drop under the current circumstances..?? IMHO - Yes. Business are sheding staff, First Home buyers are supporting 1/3 of the RE market (mainly because of the FHOG+Boost - Take away one of the legs of a three legged stool - what do you have? ANd will...
Back
Top