$1300 bucks and only 200 seats. Lets see 1300 X 200… jeeez, I might pick up the audio tapes while I’m there, travel money round it off to a neat $1500.

I don’t mind paying 30 bucks for a paperback but i’m trying to save money for deposits Steve.

R2

Usally the agent can give you a good idea on rents but in saying that….. the agent is the one that’s out to sell you on the property, so beware

R2

Thanks milkman,
I can borrow over 100% of the value using my own home as equity, I also have Steves book

R2

Gidday,
just my 2 pennith worth I’ve just purchased a new unit in QLD (+ve I had’nt read Steve’s book then) I’ve been quoted up to $1000 for a Quantity Surveyor to go in and list everything for depreation. I ran this by my accountant thinking that it was far too high. My accountant told me to spend the money. She said that the QS is licensed and…[Read more]

Try Zone Alarm,
can be found at zonealarm.com[8D]
R2

Sorry, just wanted to return this to the top of the heap to try and get any responce []

R2

Are the “11 sec” types of properties single houses or more like small blocks of units?[?]

I,m in the same boat and I struggle to work out how to make Steve’s system work for me. If I’m -ve geared every dollar I lose I claim half back. if I’m +ve geared every dollar I earn I lose half to the taxman.

Ditto

Now I’m started to get interested, how can you earn $100K and have a taxable income of $0 How do you live day to day and pay the normal house hold bills. I run a farm at at loss(as well as my $100K job)to maximise my tax return I’ve just purchased a IP that will be -ve geared. I’m very interested in +ve gearing after watching Steve on Today…[Read more]

I agree with Elysium-M if you miss one week’s rent of say $250 that is the same as a $10 per week rise for 6 months

Keep the tenants happy

I’m just about to sign on the dotted line to buy a IP in QLD that will be Neg geared. I have a $100,000 plus job and I pay $35,000 Tax I’m trying to minimise tax and cash in on cap. growth. After watching Steve on today tonight last night I’m wondering if I’m doing the right thing. If I go for positive gearing, what do I do about paying tax? Do…[Read more]