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  • Profile photo of 111111111111
    Participant
    @111111
    Join Date: 2003
    Post Count: 29

    Alex and AD

    Thanks for your comments.

    I am not against +ve cash flow props and either I am not pro -ve geared props.
    I am just learning from experienced investors.

    Alex

    **********************************************
    -ve geared property is a waiting game that relies a lot on opinions and speculation, with little or no facts!! U have more control over your assets when managing +ve geared property!!
    **********************************************

    What about the hosue price indexes issued by the real estate institutes ?
    if you look at the history, house prices doubled every 10 years in capital cities

    Are they facts or opinions ?

    AD

    **********************************************
    If you want to retire sooner will the -ve geared help or hinder. You may want to only go for positive geared to replace income or use -ve geared as a growth strategy to pay down debt later.
    **********************************************

    What should you do if you earns high income (ie at 48.5% marginal rate) and
    are still quit far away from retirement. Will you be happy to pay your income tax at high rate ?

    [8)]

    111111

    Profile photo of 111111111111
    Participant
    @111111
    Join Date: 2003
    Post Count: 29

    Bruce

    **********************************************
    11 Sec solution or rule is:
    (weekly rent / 2) * 1,000 = Max buy price
    **********************************************

    Will it be more accurate to use the net rent
    (ie. rent – expense) rather than rent ?

    111111

    Profile photo of 111111111111
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    @111111
    Join Date: 2003
    Post Count: 29

    Steve

    According to the SunnyCove management,
    tenants are linig up.

    Dou you need to know the management fee since the net yield is provided.

    11111111

    Profile photo of 111111111111
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    @111111
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    Post Count: 29

    Elvis
    Thanks for your suggestion

    Bruce
    Thanks a lot.
    I went into the web site you mentioned and the book seemed to be a good one. I might probably buy it.

    111111

    Profile photo of 111111111111
    Participant
    @111111
    Join Date: 2003
    Post Count: 29

    AD

    I am very new to wrap.
    Can I ask you a few questions ?

    1. Which wrap pack would you recoomand ?
    2. As a new wrapper, is it a good idea to
    do your own wrapping or do a joint venture
    with experienced wrappers
    (eg. http://www.rentnomore.com.au) ?

    Profile photo of 111111111111
    Participant
    @111111
    Join Date: 2003
    Post Count: 29

    Mike Robinson

    100$/week rent on $20k property is a pretty good return. Can you tell me where the property is located please ?

Viewing 6 posts - 21 through 26 (of 26 total)