Great pick-up and some really interesting information there.
Personally, I don’t think it will go ahead. There is too much potential for the system to be exploited by sharks out there. That means more risk for the bank and, as we can historically see from banks, more risk means more cost.
The benefits for the bank are potential…[Read more]
You’ve got ME worried now Brent! Which bits of my post were worrying? Like I said, I’m new at this…
Cheers
R
Sorry for the huge worry. Perhaps I should have elaborated.
I’m with AD on this one. Check the figures, do some research, and evaluate Ballarat’s ongoing growth prospects if you’re thinking of negative gearing…[Read more]
A couple of things you said in your post were a bit worrying. If I were you, I’d look at how I could invest in a way which is most likely to guarantee my investment returns.
I think the most amazing part of the weekend wasn’t the weekend itself – it’s been hearing about the action you have all taken.
I’m looking forward to hearing (and sharing) more stories with you all in the coming weeks and months.
Thank-you to everyone who came along and made this years Australian Masters of Property Investing event…[Read more]
I think you need to have a look at why you’re investing in property in the first place.
You mention that investing in property is placing financial strain on you. Is this what you intended when you were first investing in property? I get the feeling you invested in property because you wanted to end up in a better financial…[Read more]
The 10 protege’s for the Millionaire Apprentice Program have yet to be selected, and won’t be for about a month.
The applicants are using the next 30 days to go through the next step of the application process – taking action. For them, it may be getting their financial affairs in order, researching the market or a strategy, or doing…[Read more]
I think it’s fair to say about accountants, just as any professional group, that if you want to pay peanuts, you’ll end up with monkeys.
Perhaps ‘value’ is a better question to ask, and not ‘cost’.
As for finding a great accountnat, Steve McKnight prepared a free report a while ago on this topic. I’ve left instructions on how to download it at ht…[Read more]
I’ve been receiving a lot of e-mails recently from people who are looking for a good accountant, and want to find Steve McKnight’s free report entitled “Finding a Great Accountant”.
You might need to try some creative strategies to achieve positive cashflow in this circumstance.
We’ve got some pretty detailed information on creative positive cashflow strategies at https://www.propertyinvesting.com/strategies. The best part is, all the information here is free free free [8D]
I had to laugh when I saw the ‘bump’ post. So you don’t like staying at the bottom of the forum, ‘eh? []
Benjamin Partners do our rental management in Ballarat. Their number is (03) 5331 1500. Bev is probably the best person to speak to.
I hope this helps you out.
You’re not talking about the fish and chip DVD, are you?
Deposit bonds are very popular these days for people wanting to get 100% finance on off-the-plan properties.
Usually they cost about 1% of the purchase price, and are like insurance which you put up to say “Yes, I will be able to afford the deposit when the time comes”.