Benny started the topic How does an increase in the RBA's cash rate help? in the forum General Property 2 years, 7 months ago
Hi all,
I can’t for the life of me see HOW adding ANY increase to the current cash rate will help anything. Like, I know we are at an “emergency rate level”, but then, with Covid, Ukraine, petrol costs, and rental/housing costs all doing their thing, they are increasing our costs of living DESPITE anything Australia can do (well, maybe…[Read more]
Benny started the topic How does an increase in the RBA's cash rate help? in the forum General Property 2 years, 7 months ago
Hi all,
I can’t for the life of me see HOW adding ANY increase to the current cash rate will help anything. Like, I know we are at an “emergency rate level”, but then, with Covid, Ukraine, petrol costs, and rental/housing costs all doing their thing, they are increasing our costs of living DESPITE anything Australia can do (well, maybe…[Read more]
Benny replied to the topic I want to ask about the tax on the sale of the house. in the forum Opinionated! 2 years, 7 months ago
Hi Naruk,
Are you out there?
Benny
Benny replied to the topic Training in the forum Help Needed! 2 years, 7 months ago
Hi Laura,
There is a series of webinars due to start soon in May. Call up the office on 03 85920270 and enquire about Deal Club. As far as I know this will be Steve sharing his findings as he does a deal (likely Commercial) and also advising viewers who are looking at buying properties (likely using STEPS) and want to ask him questions. T…[Read more]
Benny replied to the topic Training in the forum Help Needed! 2 years, 7 months ago
Hi Laura,
There is a series of webinars due to start soon in May. Call up the office on 03 85920270 and enquire about Deal Club. As far as I know this will be Steve sharing his findings as he does a deal (likely Commercial) and also advising viewers who are looking at buying properties (likely using STEPS) and want to ask questions. These web…[Read more]
Benny replied to the topic I want to ask about the tax on the sale of the house. in the forum Opinionated! 2 years, 7 months ago
Hi Naruk,
Did you build it to live in? And did you live in it? If so, how long? Have you asked your accountant these questions?
Benny
Benny replied to the topic I want to ask about the tax on the sale of the house. in the forum Opinionated! 2 years, 7 months ago
Hi Naruk,
Did you build it to live in? And did you live in it? If so, how long?
Benny
Benny replied to the topic I need an investment strategy for my situation in the forum Value Adding 2 years, 7 months ago
Hi jeeakz,
Looks like you have put yourself in great shape to sculpt a really good future in your retirement. Well done. Re “what’s next”, I’ll leave that to smarter people than I, but I did want to pop in a question or two so that others might formulate a path that will really suit you.
First, you are talking of retiring – at that time, w…[Read more]
Benny replied to the topic Pre Construction Condominium in the forum Buy, Swap & Sell 2 years, 7 months ago
Hi Timely,
That depends on a lot of factors. But for mine, I prefer to look the other way, so I’m a “NO” to your question – rather like Jason in this link :-
https://www.propertyinvesting.com/buying-investment-property-off-plan-dumb/
There are so many things that can go wrong when purchasing any property off-the-plan that I prefer to leave…[Read more]
Benny replied to the topic Brisbane Property Networking Group Meeting – Tuesday 26th April 2022 in the forum Heads Up! 2 years, 7 months ago
Hi HLaura,
Wouldn’t be likely – the meeting is a Brisbane one. Steve is from Melbourne.
Benny
Benny replied to the topic Training in the forum Help Needed! 2 years, 8 months ago
Hi HLaura12,
The training that is available currently is computer-based, and it outlines the steps Steve recommends we take leading up to, and at the time of, purchasing investment properties. The course is very complete and includes a 14day free trial to ensure that the product suits your purpose before final commitment.
To check it out, go…[Read more]
Benny replied to the topic Are Govts making Covid tougher on us than they should? in the forum Opinionated! 2 years, 8 months ago
Thanks to Steve – in another post he found a link that puts a statistical value on a human life in Aust. I link his post here, as it adds some value to an earlier post in this topic. Here’s Steve’s post:-
https://www.propertyinvesting.com/topic/5082736-65-roses-gamechanger-for-many/#post-5082778
The first link goes to a Wikipedia entry ti…[Read more]
Benny replied to the topic Are Govts making Covid tougher on us than they should? in the forum Opinionated! 2 years, 8 months ago
Thanks to Steve – in another post he found a link that puts a statistical value on a human life in Aust. I link his post here, as it adds some value to an earlier post in this topic. Here’s Steve’s post:-
https://www.propertyinvesting.com/topic/5082736-65-roses-gamechanger-for-many/#post-5082778
The first link goes to a Wikipedia entry ti…[Read more]
Benny replied to the topic Are Govts making Covid tougher on us than they should? in the forum Opinionated! 2 years, 8 months ago
Thanks to Steve – in another post he found a link that puts a statistical value on a human life in Aust. I link his post here, as it adds some value to an earlier post in this topic. Here’s Steve’s post:-
https://www.propertyinvesting.com/topic/5082736-65-roses-gamechanger-for-many/#post-5082778
The first link goes to a Wikipedia entry ti…[Read more]
Benny replied to the topic cystic fibrosis – a gamechanger for many in the forum Forum Frolic 2 years, 8 months ago
Hi Steve,
And thanks – some worthwhile reading there. And yes, I recall hearing that the Govt lobbies drug companies too – so perhaps that $300k per year was negotiated down to $200k, which then exceeds the current “statistical value per year” of an Australian life.
That second link has a host of interesting thoughts within. It is very much a…[Read more]
Benny replied to the topic Buying Commercial Property – Structure in the forum General Property 2 years, 8 months ago
Hi psaini,
Do you have Steve’s book “0 – 130 properties in 3.5 years” at all? If so, and it is the 2009 version (the update), go read chapter 9. It gives a really good writeup of just how and why Steve uses companies and trusts. He tells me too, that the same system works for both resi and comm – but NOT if negative geared. The latter wou…[Read more]
Benny replied to the topic Buying Commercial Property – Stucture in the forum General Property 2 years, 8 months ago
Hi psaini,
Do you have Steve’s book “0 – 130 properties in 3.5 years” at all? If so, and it is the 2009 version (the update), go read chapter 9. It gives a really good writeup of just how Steve uses companies and trusts. He tells me too, that the same system works for both resi and comm – but NOT if negative geared. The latter would need a c…[Read more]
Benny started the topic cystic fibrosis – a gamechanger for many in the forum Forum Frolic 2 years, 8 months ago
The killer disease cystic fibrosis (65 roses) this week became far less of a problem for a number of Australians. From what I hear, a particular drug (Trikafta) was costing families up to $300k per year as they struggled to keep a child with CF alive. But late last week that all changed as Australia put Trikafta on the PBS for folks with one pa…[Read more]
Benny started the topic 65 roses – gamechanger for many in the forum Forum Frolic 2 years, 8 months ago
The killer disease cystic fibrosis (65 roses) this week became far less of a problem for a number of Australians. From what I hear, a particular drug (Trikafta) was costing families up to $300k per year as they struggled to keep a child with CF alive. But late last week that all changed as Australia put Trikafta on the PBS for folks with one pa…[Read more]
Benny started the topic 65 roses – gamechanger for many in the forum Forum Frolic 2 years, 8 months ago
The killer disease cystic fibrosis (65 roses) this week became far less of a problem for a number of Australians. From what I hear, a particular drug (Trikafta) was costing families up to $300k per year as they struggled to keep a child with CF alive. But late last week that all changed as Australia put Trikafta on the PBS for folks with one pa…[Read more]
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