Rick thanks for the reply

Certainly looks worth ivestigating there,

p.s Brissie 04 good outlook on the 1 -3

Wow, the healthy debate of “flyscreens V’s Ethics”, this thread gets better each time I check it, and there is many valid reasoning both sides.

This is the great side of open forum at work interesting reading.

Western un fortunately not, but it approx 2,000 grand a year, it’s the same owners since 1953.

But to me the some add up, it’s kind of our first step apart from our i/p unit.

So onward & upward

Hey Don,

yeah just wasnt sure, buy the way have you every read the book ” Don’t sign anything “, its an interesting read.

Cheers p.s the views / area are good never heard of the town before lol. keep the good work going

Buying here to, looking all over the place, and from learning here USA is on the plate, as commercial here too

Roofarmer,

I havent been either, but maybe check their site, and read some of their books, might get a better idea if it for you or not.

Cheers and good luck
( if u go can u let us know how it was)

Guys whish I could add one here too

I can tell you bout a deal I am about to do if all goes well.

Like this $75,000 dep (equity) ( 30 % )Commercial Property, Returning $ 26,000 a year.

Not looking for capital appreciation, just the + pos cash flow

Hello all

Reelygood1 or someone here, what constitutes a “penthouse”?

I clicked the link, admit fantastic views etc etc, but to me personally what I seen didnt appear to be a penthouse.

Not critising here, if you can help and correct my view be appreciated.

Cheers

Hello Nigel, kp & Westan,

Thanks for the above info for a start

Is the USA I/P subject to the same tax benefits here? i.e. Australia

Are you able to fly to USA once a year to check on i/p and claim that expense?

If you sell the property in the USA and bring the money back to Aussie will that be subjected to another tax?

Just trying to learn…[Read more]

Surrey,

If I read correct Devine did the cross over originally? then to me they are at fault, they should know the boundaries and had all council approved.

Personally I would be chasing devine up to rectify their work, and you not too pay out of your pocket.

Cheers

Hello guys,

West once again wealth of info their [biggrin]

Ok I have no idea what the following is
1. Rehabs ( this property that needs rehabilitation )just guessing there [blink] home

2. stead and hud homes?

Sounds like you guys are going to do well over there.

One more, investing overthere can you organise finances here or there? or…[Read more]

Surrey,

Hello just an idea can you contact the guys who did the job in the first place?

Why do you need to move the cross over ?

Cheers

Roy,

Thanks for coping the link on here for the up coming meeting @ Petersham, looking forward to it

Hello All,

I would also like the opportunity to attend the meeting and absorb new info too [biggrin].

see you there

Kelly,

I am fairly new here and was in the same position as you too, but as you say it’s hard but not impossible

This week I have found two positive geared properties alone, wont tell you exactly where they are because still in nego the price.

Keep going and searching.

Can give you a little tip, when searching for example realestate.com,…[Read more]

West,

Good reply and I appreciate it, this should keep me up to 1 am with some light reading and also trouble with the other half for staying up late again heheheh.

Cheers p.s huge source of info here from fellow investors

Hello Richard,

I would be interested too when your USA venture is up and running.

Cheers

Hello West,

I am also interested in the US & Singapore markets .

Just wondering did you see the housing reports on CNN the other day. I missed the full coverage and just caught the highlights, dont want to be a wet blanket, but indicators that they are in for a heavier downturn than the Aussie property market.

Just want to know your views on…[Read more]

Brahms,

I totally agree with you there too:) I have been lucky and had the same tenants ( wait for it for 17 yrs ), I have renovated the unit for them in that time, and the last job was fly screens.

[biggrin] Bunnings being my second home, and dont mind getting involved, very easy to knock up fly screens, and keep everyone happy. (tax…[Read more]

Hello Cata,

If I can absorb some info from you be greatly appreciated, and no doubt it has already been posted here.(me being new).

Whats the benefits of setting up a trust (associated costs) and pruchasing future ip through a trust?

Cheers