Total Members: 159,074

4walls2

  • 4walls2 replied to the topic Closing costs in the forum No Subject 21 years, 5 months ago

  • 4walls2 replied to the topic Closing costs in the forum The Treasure Chest 21 years, 5 months ago

    Sorry David,

    I was trying to see where these costs would be accounted for in the case studies that were given to us at the course.

    Thanks and regards
    4walls

  • 4walls2 replied to the topic Buyers agents in the forum The Treasure Chest 21 years, 5 months ago

    Hi there,

    Given the case studies from the seminar. Would one assume buyer’s agents fees to be worked into closing costs?

    regards
    4walls

  • 4walls2 replied to the topic Buyers agents in the forum The Treasure Chest 21 years, 5 months ago

    Hi Cookie,

    Thanks heaps.

    regards
    4walls

  • 4walls2 replied to the topic Always puchase in both names in the forum The Treasure Chest 21 years, 5 months ago

    Hi Ksheather,

    We are considering setting up something offshore at the moment. We have an appointment tomorrow with the trust guy…..He mentioned something about there being no need for a BVI Trust and just setting up a straight BVI. Also if the directors are Australian citizens then there should be no issues with FIRB.

    regards
    4walls

  • 4walls2 replied to the topic Buyers agents in the forum The Treasure Chest 21 years, 5 months ago

    julia b, well done.

    I have 3 names of buyer’s advocates.
    1. buyer’s advocate at spring hill
    2. buyer’s agent at stone’s corner
    3. property research at redhill

    Anyone have any thing to say about these guys or recommend someone they have dealt with please.

    thanks and regards

    4walls

  • 4walls2 replied to the topic Ice Breaker in the forum The Treasure Chest 21 years, 5 months ago

    Tiffany,

    Well done. Would be interested to hear what your customised terms and conditions are. You can email me at [email protected]

    Please pardon my ignorance if this is something I am not supposed to ask.

    regards
    4walls

  • 4walls2 replied to the topic Buyers agents in the forum No Subject 21 years, 5 months ago

    Hi Cookie,

    I too would like some feedback on this topic. I remember reading that Sooshie said using a Buyer’s Agent was for the passive investor. I can vaguely remember Steve saying that this was giving up control. So, how do we keep control and be non-passive. Do the research so you will be stipulating location, type of dwelling, purchase…[Read more]

  • 4walls2 replied to the topic Capital Cost Base & Expenses in the forum The Treasure Chest 21 years, 5 months ago

    Hi there,

    Did you manage to find an answer to your question “capitalizing stamp duty”?

    I emailed my accountant, who came back with this answer.

    You cant claim depreciation on Stamp duty. Stamp duty forms part of the cost base of the property.

    Which was outlined by Michael & Kaye.

    regards

    4walls

  • 4walls2 replied to the topic Keeping a journal for mentoring programme in the forum No Subject 21 years, 5 months ago

    Hi Tiffany, Danielle here. Honour to meet you and Brett at the seminar. Tiffany, 3 kids and 1 on the way, your a champion!!!!. I’m rooting for you on being chosen for the mentoring programme. You guys sure stand out as exceptional. Keep it up, and may your hard work pay off infinitely.

    best regards
    4walls

  • 4walls2 replied to the topic IDEAS FOR FINDING PROSPECTIVE PROPERTIES in the forum The Treasure Chest 21 years, 5 months ago

    Excellent!!! Wishing you much success…

    love to see a flyer too please.

    [email protected]

    regards
    4walls

  • 4walls2 replied to the topic Bit of a quandry in the forum The Treasure Chest 21 years, 5 months ago

    Hi Essykay,

    We are currently going through the same tough decisions!

    I don’t know if you have a chance to attend Steve McKnight’s seminar in Melbourne over the weekend. It was fantastic to see people from all walks of life just going for it and making it work.

    I’m thinking, that the net below our trapeze can sometimes be our…[Read more]

  • 4walls2 replied to the topic Australian Property Investing Masters in the forum The Treasure Chest 21 years, 5 months ago

    Hi there,

    Excellent weekend!!!!

    Hubby picked me up from the airport in Singapore
    at 6.30am this morning. I dropped him off and went home to see the children – took my daughter to school. Then came home and called a new real estate agent in QLD to help us solve our vacancy problem.

    My husband says I’m on fire….!!!!!!!
    I think he will call…[Read more]

  • 4walls2 replied to the topic 20 Properties for 100k or 10 Properties for 200k? in the forum No Subject 21 years, 8 months ago

    TheEnjolLady,

    Yes, don’t mean to sound like a pompous git. I now recall a conversation I had with a realestate agent around3 years ago. A major high profile corporation had rented a house for one of its executives. He had had a major party and done some real nasty damage to the house. The rent wasn’t cheap.

    I guess I just got the wrong…[Read more]

  • 4walls2 replied to the topic Are you going to be a property millionaire? in the forum No Subject 21 years, 8 months ago

    We are working out the logistics to come down for the seminar. Have already postponed a trip to Perth in April. We have to see if we can get the outlaws to come from Canberra to look after the children for the weekend, book the air tickets and hotel accommodation for Melbourne and go via Perth to see the folks on the way home to Singapore.

    Of…[Read more]

  • 4walls2 replied to the topic P & I Loans or Interest Only ??? in the forum The Treasure Chest 21 years, 8 months ago

    Hi Wilandel

    An interest only loan is suitable if your goal is to achieve positive cashflow on your investment. Basically, with an interest only loan you are actually making your money (that you put down as deposit) work harder for you. I see no reason to increase equity in your investment if your goal is to achieve the maximum return on equity.…[Read more]

  • 4walls2 replied to the topic Questions about FastTrack in the forum No Subject 21 years, 8 months ago

    What is an aussieism for stupid(?).

    I have had the biggest laugh, albeit at my own expense.

    Good news – the expense sheet doesn’t look so bad and that makes me heaps happy.

    regards
    4walls

  • 4walls2 replied to the topic Make me a Property Millionaire in the forum No Subject 21 years, 8 months ago

    I guess if I am an Australian living in Singapore, but attend your course I will be out of the race?

    regards

    4walls

  • 4walls2 replied to the topic Time to be proactive in the forum The Treasure Chest 21 years, 8 months ago

    Wow!!! A reply from Steve McKnight no less. Thanks a heap…..

    We did engage someone professional to find our last property. To cut a long story short – it was not a good experience.

    But its a good idea – and I will discuss with hubby about trying this again.

    Thanks for your insight.

    I’m off to download Buyer Beware!

    Talked to hubby earlier…[Read more]

  • 4walls2 replied to the topic Land Tax in the forum The Treasure Chest 21 years, 8 months ago

    Hi Dianne,

    I must be confused about your post. I emailed a portion of your post to my solicitor and asked her to investigate. I thought that we maybe able to get a concession or something on land tax as we have have sold our house and are settling in March. As you know land tax is charged Dec-to-Dec. We have never lived in the property.

    The…[Read more]

4walls2

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