Hey Maximus,

I bought a property many years ago in VIC.
I lived there with two house mates — and negative geared the two thirds of the property that I was renting out. Because of this situation I had a standard loan not a investment loan. But I could claim all the deductions associated with negative gearing. As I was paying a lot in tax at the…[Read more]

Thanks for the info Terry []

We are also in the process of setting up our trust structure.

We are currently meeting with prospective accountants and financial advisers and have had some questions raised.

One accountant was surprised that we had heard that a trustee in a discretionary trust can go guarantor for a loan, yet not actually put up an…[Read more]

Thanks Stu,

As an indication of the committment this potential purchaser has — [?] do you think it would be a good idea for us to propose a savings goal for the next 6 months, and revisit with them after an agreed date?

This way they have some money to put towards the deal (deposit, reno’s, etc) and also have demonstrated that they are serious…[Read more]

Hi guys []

My name is Tabatha. I grew up in Geelong, Vic, and while earning very good $$ many years ago bought an IP. It was a 100 yr old unrenovated Victorian house located in the city with all the period features. I made every mistake in the book. [xx(] I was young and went into investing with great enthusiasm but no experience or knowledge.…[Read more]

Hi Betty B, [8D]

Yes, I agree the costs of a new H.W S or oven could be an extra that we would like to avoid if possible. Is there a way to guarantee the vendor is being honest with the condition of such items, or is it “buyer beware”?

We had a look at a property that has been vacant for some time. The property is up for auction and does not…[Read more]

Hi fellow investors,

I’m a newbie [] and would like to re-iterate the sentiments shared by everyone about the Masters Seminar.

I have already lookd at 3 properties in my area and “talked the talk” with real estate agents [].I am so motivated and best of all having FUN!

Thanks to all of the presenters at the seminar. I enjoyed hearing different…[Read more]