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Viewing 15 posts - 1 through 15 (of 15 total)
  • Profile photo of Asian spiritAsian spirit
    Participant
    @asian-spirit
    Join Date: 2006
    Post Count: 16

    Hi Chris

    Thanks for the advice, we are currently looking into another commercial property, but i still have trouble getting my head around some of the fact and figures of it all, your last post did make good sence, but where did you calculate the $28k from?

    Cheers
    Gary

    Profile photo of Asian spiritAsian spirit
    Participant
    @asian-spirit
    Join Date: 2006
    Post Count: 16

    Hi Jebro

    I'm sorry to say we will be away that weekend but i will still be interested in meet you all in the near future.

    I would also be interested in playing cachflow 101 with "clintjs" just tell us a time and a place.

    Gary

    Profile photo of Asian spiritAsian spirit
    Participant
    @asian-spirit
    Join Date: 2006
    Post Count: 16

    It was a pity for those who didn’t make it last last nite, it was good talking to someone else who is interested in investing, although when Emmajames turned up with a small suit case I thought it was going to be a long nite, but it turned
    out she was off to Sydney for the weekend. I see that their is
    a group that meets every month so I suggest we meet there.

    Jebro is their anyone i could contact for more info?

    Regards
    Gary

    Profile photo of Asian spiritAsian spirit
    Participant
    @asian-spirit
    Join Date: 2006
    Post Count: 16

    Hi Millions

    Sounds good, one other lady has found out the name of another group that meets near the Burswood, i’ll let you know

    Regards
    Gary

    Profile photo of Asian spiritAsian spirit
    Participant
    @asian-spirit
    Join Date: 2006
    Post Count: 16

    Hi Shelliemay

    This Friday at the Royal in East Perth, so you could go on your way home from work? we’ll be there, when you come in call me on 0405 081 376.

    Regards
    Gary

    Profile photo of Asian spiritAsian spirit
    Participant
    @asian-spirit
    Join Date: 2006
    Post Count: 16

    Hi guys

    If you would like to come and have a chat with other investors, share some stories and information, come along to the ” Royal in east Perth for 7pm this Friday 27th”,when you come in give me a call on 0405 081 376, look forward to meeting you.

    Gary

    Profile photo of Asian spiritAsian spirit
    Participant
    @asian-spirit
    Join Date: 2006
    Post Count: 16

    Hi JD

    We are trying to organise a meeting for Friday 27th April say 7 o'clock  in or around the city, any suggestions? 3 are Nor and 2 Sor

    Gary

    Profile photo of Asian spiritAsian spirit
    Participant
    @asian-spirit
    Join Date: 2006
    Post Count: 16

    Hi Nicky
    For me personaly what we did was put all our spare cash into our mortgage, because it is not tax deductible, that also helps increase your equity to borrow against, for an investment, which is tax deductible.
    As for being self employed and getting a loan, i found it quite easy to get a “Low dock loan” it is slighty higher interest rate than normal but being self employed it’s the price you have to pay.

    PS would you be interested in meeting other people in Perth for a chat?
    Good luck
    Gary

    Profile photo of Asian spiritAsian spirit
    Participant
    @asian-spirit
    Join Date: 2006
    Post Count: 16

    Hi Emma

    I have just bought a display home in Melbourne, it was organised through my accountantin Malaga, who also bought one, at this point in time it is positive geared for two years min, you can contact:
    Pete- @Slikkerveer & co on 9249 4833
    ATB
    Gary

    Profile photo of Asian spiritAsian spirit
    Participant
    @asian-spirit
    Join Date: 2006
    Post Count: 16

    Hi Emma

    We live in the hills and would like to meet with like minded people in Perth, if you get some more takers let me know and we will come along.We have IP’s but am finding it very hard to make my mind up on the next type of project to take on, as Derek pointed out, things are changing in Perth. Hope to see you soon
    Gary

    Profile photo of Asian spiritAsian spirit
    Participant
    @asian-spirit
    Join Date: 2006
    Post Count: 16

    Hi Dee Dee,
    It sounds like in a bit late but it may help others, we use a guy called Slikkerveer & co he is a good accountant and is all for positive gearing, he has just found me a property in Melbourne to buy with 8% return.
    Call Pete 9249 4833 NoR
    Good luck

    Profile photo of Asian spiritAsian spirit
    Participant
    @asian-spirit
    Join Date: 2006
    Post Count: 16

    Hi guys
    “Happy Australia day”
    I always thought it was my computer, so i jumped up to broadband just to find it the same. [glum]

    Profile photo of Asian spiritAsian spirit
    Participant
    @asian-spirit
    Join Date: 2006
    Post Count: 16

    Hi Grit
    I think you should take all expence into consideration as it all comes out of your pocket. I have a few negative gearded properties which i am now working on to covert to CF+, it’s all real money going out.
    PS is there a new version of the 10 second rule as it seems to be way out in WA at the moment?[blink]

    Profile photo of Asian spiritAsian spirit
    Participant
    @asian-spirit
    Join Date: 2006
    Post Count: 16

    Buy some property, then pay off enough of the loan so they are positive geared,also go P+I mortgage, loan against them to buy more property and continue to this untill you run out of cash, hopefully you will have a few properties to give you a nice income.

    Profile photo of Asian spiritAsian spirit
    Participant
    @asian-spirit
    Join Date: 2006
    Post Count: 16

    Have you thought about fitting permanent wired in smoke detectors, for their own protection, a few beers and a stray fag could result in a fire, and it’s your property that would burn down not theirs.As mentioned earlier encorage them to smoke outside

Viewing 15 posts - 1 through 15 (of 15 total)