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Hi Jack 321, Agreed. I tried that first, before coming here. My solicitors are wonderful, but struggle with plain english. The 3 pages of conditions they crafted for me were a little over the top - and included provisions to protect the seller. I don't volunteer to include such clauses...

Hiya Piston Broke, Agreed. I too look at the location, price, & (potential) yield first... but then I get all cheap about keeping down the costs of securing the deal. lol It does complicate things. You use vendor finance too? I must look into that. Much to learn... Oh, and I managed to...

Hi Kathryn, Thanks so much for your post! That's a bold plan, but tempered with a careful approach to the deal. While I've read about it in USA published books I've never tried vendor financing before, but your deal has given me the incentive to check it out. I hope the suites have gone very...

Oh, and that sounds like an effective strategy to build equity fast RumpledElf. I'd love to restore places like that, but I must admit I'm too lazy to DIY and too cheap to subby it out. :o You know those 2nd hand kind of heritage hardware shops? I'm like a kid in a candy store in those...

Oh. :o Sorry, I'm not a forum lingo talented person. What does DD mean? I've only ever had one seller refuse on the basis of the conditions. I've had lots of questions each time though, but they're usually okay about it in the end. The sticking point tends to be price (or they claim it's...

Hi Piston Broke, I define my portfolio by what I reject, due to what a horrible position I'd be in now if I'd had no escape from the bad deals dodgey agents tried to saddle me with in 2006-07. My IPs are two blocks of land (one that I'm building on & one doing nothing until I get more...

Hi RumpledElf (cool name btw), Walk in my shoes and you might need a few more conditions. lol When I initially started looking into property it was in SEQ. The Gold Coast and Brisbane areas are full of sharks. They'd see this young short little blonde lass walk in on her own, assume I...

LOL WillAir. I wouldn't sign it myself... but it only takes one signed contract out of the offers I submit and I'm rolling. Also, the agents know me and know I don't enter into a contract I don't intend to follow through. Agents who don't know me initially think I'm a shmuck, but once...

Hi marg4000. Thanks for posting. :) You're right about this being pretty unattractive for an owner occupier seller. I don't use these conditions for houses, because it wouldn't suit at all. This set is for buying vacant land. A seller agreed to a set similar to this last week. It's...

Hi folks, I'm curious to see what sort of conditions others out there use to buy land and property. I'm trying to get creative in how I negotiate deals, but need to make sure I don't freak people out with 6 pages of jargon. This post, and all others in this thread, does not constitute...