Recent content by WeLead

  1. W

    Inspection - Couldn't access roof space

    During a recent building and pest inspection the inspector couldn't access the roof space because a)the kitchen cupboards blocked the ladder and we're to weak to stand on and because b) the roof space in the area was very shallow. The inspector presumed that there should have been another entry...
  2. W

    Contract condition

    Thanks all. I went back and quizzed the agent about it too for clarification.
  3. W

    Contract condition

    Great. thanks for the speedy replies. If the contract went through under what circumstance could the vendor escape paying the sales commission?
  4. W

    Contract condition

    I'm wondering if this is standard? what exactly does it mean - i thought the vendor covered all agent fees? cheers Deposit Insufficient to Cover Agent Commission The seller acknowledges the deposit held by the deposit holder is insufficient to cover the agents commission and hereby...
  5. W

    I'm getting lost!

    Thanks again guys. A question about this... how do you calculate possible equity growth in this situation? Are there calculators/equations available that plug in LVR, purchase price, growth rate and time?
  6. W

    I'm getting lost!

    I would hope to negotiate the property to a 6-6.2% yield. As well as use the equity combined with some additional savings to purchase a second in 6 to 8 months time. The expanded business should be up and running in mid 2016 providing more cashflow which we'd reinvest, because by that time my...
  7. W

    I'm getting lost!

    Thanks j_p That's exactly why we're embarking on this journey, to make the most of what we have... and the realisation is that won't happen by letting the money pool in a high interest account. True i have forgotten about insurances - will add to my list to look into
  8. W

    I'm getting lost!

    Thanks for the reply. The FHOG doesn't exist in QLD for established dwellings anymore - instead there's the stamp duty concession. The only reason to make it PPOR would be to secure discounts and have time to make cosmetic improvements (which are optional) - I'd hold it for the designated...
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    I'm getting lost!

    I read the term ?analysis paralysis? on here somewhere on here the other day and seemed pretty apt for where my head is at right now. I'm a complete novice in this area, although i've been reading as much as I can i'm at the point where I could do with some independent advise in order to gain...
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