Thats excellent mate, thankyou for the info regarding carrying forward losses its very helpful and means i can get with the conversation a bit more on some of the other threads! Thank you again TerryBen

Terry, Thankyou for the response, and if i have learned correctly, my goal is to get my property/s to a point where they are +CF and negatively geared, yes? your response to haiqu regarding asset protection and income distrobution has really enlightened me!with the trust situation, doea this mean i need to decide what i want to do regarding…[Read more]

good morning all,Thank you for your responses so far, it certainly makes interesting reading. Terry,Numerous investors i have dealings with in the "real" world use trusts, none i dont think are as tax savvy as yourself – none have said it was for tax reasons, they simply use trusts to ensure if things go pear shaped that they are protected, so…[Read more]

Jamie and Terry, Thank you very much for your responses,ive got a good grasp on using an offset account now and a 95 % lend (although i hope to take more to the deal)and also regarding owning a property through a company, very interesting i will dig up more threads on that.thank you again

Thanks sandra and Terry for providing some insight, most certainly an IO mortgage with an offset account will be what suits me best in my current situation (see thread https://www.propertyinvesting.com/forums/property-investing/help-needed/4333943  )so thank you for sharing that info Ben

Thanks JacM, so essentially its avoiding any fees i would incur when refinancing to deposit on our 2nd property, i guess the only difference being i can no longer positively gear the property through paying down the principle gradually?appreciate the response thank you

i have a quick question regarding that sandra, does this mean i can set my ip mortgages to IO, and each week make a manual payment that will vary depending how much i want to throw at it and not be penalised, but if i choose not to dont have to? i assume avid investors prefer to do it this way or something similar?thank you for postingBen

i believe this will always be a solid investment strategy since over a 10 – 20 year period you will always see the peaks and troughs in a market, and be able to make informed decisions about when to on sell ? (if at all) in 10 – 20 years one would assume, provided you can make some payments on the principal rather than interest only that the…[Read more]

DD,

thankyou for the input, really good ideas! i think speaking with numerous agents in the one area will give a far better understanding and one might tell you something another agent decided to leave out!

thanks again

DD,

thankyou for the input, really good ideas! i think speaking with numerous agents in the one area will give a far better understanding and one might tell you something another agent decided to leave out!

thanks again

Dave,
thank you for the input, absolutely it makes sense, i take from it that where ever the particular house is i am buying or selling, that agent would have the most knowledge on that area, market rental etc.

thanks again

Hi Paul,

thank you so much for the contact details, of course, i missed out lawyer, i understand they are an important part of the property game.
is there anyone i might have forgotten to think of?

thanks again

Ben

Thanks richard, thats excellent reading, my gut feeling was that using a broker would better suit us. it has to be said though that everyone wants to do the best job they possibly can when representing themselves, particularly when dealing with banks and lenders, so i thought i’d get a feel for what people did. i wouldnt be surprised if the 35% of…[Read more]

Richard,

would you say that many investors are using brokers, in the initial stages anyway, when gaining finance for ip’s and/or homes to live in in the current market and economic climate?
my fiancee and i are looking to build our team for when we arrive in australia, and are wondering wether we should approach the banks ourselves, with our…[Read more]

my apologies, his contact details are in the previous post

great, i look forward to sitting down with him and with any luck build a lasting business relationship. does he by chance have a website or some contact details?

thanks richard
also are you based on the gold coast?

Thankyou very much for your help so far. to be honest i think we would prefer to go with someone based on the gold coast for a more personable experience, that feeling of knowing who you are dealing with that much better after a coffee or two!

thanks again, i have more questions to follow!!

Ben