All Forum Posts by: Jason Weeks

Will do mate, I'll give you a heads up if it works out // timing $ // return so you can get a feel if B'ham/AL is interesting.

@Mike Dymski if it makes you feel any better human trials of the anti viral have already started here in Australia where we were the first to replicate a copy of the virus outside China, as they wouldn’t share a live specimen.

Rest assured I have no doubt Australia (as our largest blood/plasma company CSL does) will share and export to US first.

I think speed of anti-viral then vax development will surprise everyone.

@Sean Sloop mate this is super useful, thanks for sharing. Hats off to you for pushing through even on both sounds like some tough slog. Well done 👏🏻

Just purchased 2 x REO ex-Fannie Mae, now hunting a good / low-cost GC to execute some small re-hab works

Thanks Jonathan, just shot you a DM.

@Douglas Vogel did your brother and his colleague end up searching AL?

@Jonathan Mednick what’s your best email, would love to chat Jonathan.

That's an interesting thought @Richard Weinberg, I shudder to think that that's the case, but then these days seems that companies are unwilling to examine the conflicts of interest they are creating when they attempt to enter horizontals/verticals to continue providing growth to the market!

@Billy Smith agree entirely highlights the value of good lease drafting!

I'll go first.

Recently I had a colleague tell me about a wonderful moment she had had when assisting a client who had an investment property interstate.

Turned out that mid way through showing the home for the first time to prospective buyers the police came and shut down the open home (in front of everyone) to take temporary possession of the property. They proceeded to strip all the dry wall to access illegally stored drugs and growing equipment kept behind it (not by the owner mind you! Apparently by a previous tenant who'd recently been arrested) a surprise to all concerned that's for sure!

When asked whether the owners of the property wanted to fix up the property to make it more saleable, they declined.

Subsequently the online listing was edited to state, requires re-doing of internal walls due to drug raid.

Needless to say it sat on the market for a long time. 

Somehow the interstate investor just couldn't turn their mind to fixing up the property...

Moral of the story?
Choose the right tenants and if something is broken and your advisor says fix it it will sell faster, probably do that.