Forum Replies Created
There is a user in here called “ez-rent”
Get the program from:
EZ-Rent. The free tax and cashflow simulator for Australian property investors.
http://www.ez-rent.comRegards,
Arty.[
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“Why work to the age where you cant enjoy
what you have worked for !.” (Author: Me)Wouldnt this be classed as a “Lease Option” or a “Wrap”. Where the tenant is paying a lease to you, in the intent to buy. The leasee would be paying ~2% higher interest than the bank loan that you are managing.. etc….
As you can tell, i havent explored Wraps/Lease Agreements yet.. thats in the “when I have experience” in Buy and Holds, that will be the next step of complexity.
There is a category for Wraps in this forum too.
[]Regards,
Arty.[
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“Why work to the age where you cant enjoy
what you have worked for !.” (Author: Me)Simon.. we have a terrorist in our forum, if he wins.. we are all bankrupt!! [:0)] LMAO
Send him to jail ! [
]Regards,
Arty.[
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“Why work to the age where you cant enjoy
what you have worked for !.” (Author: Me)I want to be “Banker” !!
and have the groovy “plastic sports car”..
and 4 railway stations…But your not +ve gearing.. you can only collect rent from someone landing on the property, then they go. so you would have a very low tenant occupancy rate, so in theory your -ve gearing and using the CGx made from selling the odd property (which isnt part of a set) to pay the mortgage on the properties you want to build houses on…
..and not all suburbs would allow you to build a set of semi-detached RED HOTELS in a row…
sheez!
I havent played Monopoly for years…. !.(where is that board !!) [
][][]Regards,
Arty.[
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“Why work to the age where you cant enjoy
what you have worked for !.” (Author: Me)fair dinkum, aussie have slang. The sheilas and blokes in here recon we all speak the Queens english… “not the Freddy Mercury Queen english..”..
Try go into this, Im having problems getting it up…. http://www.catchnet.com.au/~tlr/aussie/ or http://www.goodonyamate.com/
(the web page, that is!)[
]Regards,
Arty.[
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“Why work to the age where you cant enjoy
what you have worked for !.” (Author: Me)Would it worth, keeping the rent as is until June 2004 (-ve gear). Then re-do the rental agreement, so it +ve gears from that point onwards…
if the current tenants leave because of the increase, then advertise for new tenants ?
[]Regards,
Arty.[
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“Why work to the age where you cant enjoy
what you have worked for !.” (Author: Me)Id go for option “c” 4 IPs, in the long run you will have more assests and cash flow.
[^]
Regards,
Arty.[
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“Why work to the age where you cant enjoy
what you have worked for !.” (Author: Me)Steph, i heard you laugh all the way from the UK.
[:0)][:0)]It must be difficult to relate all the aussie interest rates, suburbs, laws etc… to the investments (im guessing) you have in the UK ?
Do you still find this site useful for you ?
[]Regards,
Arty.[
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“Why work to the age where you cant enjoy
what you have worked for !.” (Author: Me)..and “close to transport!”..
Even though it doesnt really take suburban passengers… unless your willing to run next to the train and jump in a box car… [
]Regards,
Arty.[
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“Why work to the age where you cant enjoy
what you have worked for !.” (Author: Me)so Pinky you need a “Blonde Professional Loan”.. LOL
[][:0)]Regards,
Arty.[
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“Why work to the age where you cant enjoy
what you have worked for !.” (Author: Me)Here is the full ad..
Affordable Investment
$63,950 plus GST
4/4 HIGH STREET BAYSWATER
When price is important for a brick and montar investment, this small (4m x 13m approximately) shop adjacent to Video Busters video store and currently leased until 11 June 2004 at $375.00 per calendar month.375pm * 12 / 52 = 86.53 pw
11 second rule…
86.53/2 = $43
$43*1000
$43,000 ideal price..AHHH … ok so its not +ve, at first look it seemed cheap, till the figures proved that wrong.. SORRY! (unless you can get them down to $43K !. [
]Regards,
Arty.[
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“Why work to the age where you cant enjoy
what you have worked for !.” (Author: Me)Welcome Michael… first tip, read the book.
second tip, hang around here for more tips.
[
]Regards,
Arty.[
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“Why work to the age where you cant enjoy
what you have worked for !.” (Author: Me)Thank you one and all for the replies. [
]I’ll take my voodoo doll of Burnhams from the wheel of my car and chuck it out to my dogs to play with then [:0)][:0)]
This is a GREAT forum, knowledge from all walks of life, and honesty too !. Its good to know that ppl here wont simply agree with you, but they will debate the pros and cons. [^][^]
Many Thanks Again,
Arty.Regards,
Arty.[
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“Why work to the age where you cant enjoy
what you have worked for !.” (Author: Me)[:0)][:0)][:0)][:0)][:0)][:0)][:0)][:0)][:0)]
Molly Meldrum, Robbie Williams and Kylie Minogue went for a night on the town.
As they left the night-club, Kylie, half-pissed, slipped and got her head stuck between the railings of the fence opposite the club.
Robbie decided to take full advantage of this and lifted up her little skirt, pushed her thong to one side and gave her a good rogering.
“It’s your turn now, Molly” grinned Robbie, but Molly started crying.
Robbie asked, “Why are you crying, Molly? What’s wrong?”
Molly sobbed, “My head won’t fit between the railings!!!”.
[:0)][:0)][:0)][:0)][:0)][:0)][:0)][:0)][:0)]
Regards,
Arty.[
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“Why work to the age where you cant enjoy
what you have worked for !.” (Author: Me)HousesOnly.. I havent read the new chapter as yet.. I can now see where your coming from though. That was a good post.
If housing prices go up, then wouldnt there be more people willing to rent until property prices come down though ? [
]Regards,
Arty.[
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“Why work to the age where you cant enjoy
what you have worked for !.” (Author: Me)amit… thats weird, its easy to read even though the ltters aer jubmled up !
[
][][]Regards,
Arty.[
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“Why work to the age where you cant enjoy
what you have worked for !.” (Author: Me)“Lemmings” !! I loved that game.
[^]
Regards,
Arty.[
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“Why work to the age where you cant enjoy
what you have worked for !.” (Author: Me)Its a vicious circle… either the area is just developed and you find most of the new owners are young families just starting out… then the area is populated with teenagers 15years down the track.. then the kids move out.. the parents stay and the area becomes full of older people, while their kids are out creating a new family life in a newly developed area… etc….[
]Regards,
Arty.[
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“Why work to the age where you cant enjoy
what you have worked for !.” (Author: Me)dont “quote” me… as im only partially sure.
I heard somewhere, that when you sign the contracts you need to insure the property. Technically between the time the property contract is signed till settlement the property is under 2 insurance policies, the buyer and seller. If the house catches fire, then its still insured.
[8D]
Regards,
Arty.[
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“Why work to the age where you cant enjoy
what you have worked for !.” (Author: Me)If the property bubble bursts, wouldnt that only effect Capital Gains on your investment.
It shouldnt affect passive income from tenants. Im more interested in creating a portfolio of tenanted properties giving me passive income for life, if the property is worth selling at a later date for a large CG then I may sell to roll the profits back into another investment.
Thats my 2cents + 7% interest worth…[
]Regards,
Arty.[
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“Why work to the age where you cant enjoy
what you have worked for !.” (Author: Me)
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