Total Members: 159,215

byronent_2

  • byronent_2 replied to the topic Forrestfield, WA? in the forum Help Needed! 19 years, 10 months ago

    For some reason I am thinking that Rob is suggesting Geraldton.

    Tell me you aren’t selling in the area.

    Hahaha

    Byronent
    Adelaide SA

  • byronent_2 replied to the topic Trading Properties in the forum General Property 19 years, 10 months ago

    you can reduce stamp duty, it is shonky but if you both agree to trade a 220 property for say $150k or something like that.

    You then run the risk of the stamp duty office asking for a valuation for stamp duty pupores.

    Byronent
    Adelaide SA

  • byronent_2 replied to the topic Partnerships and Syndicates in the forum Help Needed! 19 years, 10 months ago

    All I can say is it is usually a long term relationship so choose yoru partners carefully.

    Byronent
    Adelaide SA

  • byronent_2 replied to the topic Trading Properties in the forum General Property 19 years, 10 months ago

    What do you mean trade?

    Property and cash for new property?

    Byronent
    Adelaide SA

  • byronent_2 replied to the topic Eggs In One Basket in the forum Help Needed! 19 years, 10 months ago

    Yes and what if it is not a mining town.

    Not every single country town is founded on the back of mines.

    You can always get mines life cycles and estimates.

    Take Broken Hill, all thought the town would die when BHP and Pasminco abondoned them.

    Population around 23,000 3 largest town in NSW and I have never missed a beat rent wise…[Read more]

  • byronent_2 replied to the topic will this be part of my taxable income? in the forum No Subject 19 years, 10 months ago

    Is it with Telstra?

    Byronent
    Adelaide SA

  • byronent_2 replied to the topic Next Door Renters in the forum General Property 19 years, 10 months ago

    I lived in the complex of four that i owned and the tenants didn’t know.

    I would just let the PM know everytime something was happening that I didn’t like.

    It worked quite well and kept my mind at ease….in the beginning.

    Byronent
    Adelaide SA

  • byronent_2 replied to the topic Relationship Breakup – Buy or Sell? in the forum No Subject 19 years, 10 months ago

    Find another lender and get a new broker.

    Should be an easy deal.

    Byronent
    Adelaide SA

  • byronent_2 replied to the topic Dodgy advice from outback bank staff? in the forum Help Needed! 19 years, 10 months ago

    Get another lender or broker to help you.

    That is ridiculous.

    Byronent
    Adelaide SA

  • byronent_2 replied to the topic will this be part of my taxable income? in the forum No Subject 19 years, 10 months ago

    This is deal is called cashback.

    offered by cashback australia
    http://www.cashbackaustralia.com.au

    backed by cashback america.

    What I suggest is she read the small print. She is paying for the phone over 12 months and then gettins that money back. Nothing to do with calls.

    You can get computers, fencing, cars, phones, plumbing, boats, lawn mowers,…[Read more]

  • byronent_2 replied to the topic Maryborough in the forum Help Needed! 19 years, 10 months ago

    Contact the council.

    If it is happening they will have it.

    Better still go to the website, I am sure it would be plastered all over the place there.

    Byronent
    Adelaide SA

  • byronent_2 replied to the topic positive cashflow property websites in the forum Help Needed! 19 years, 10 months ago

    Yes this one.

    Byronent
    Adelaide SA

  • byronent_2 replied to the topic Maroubra unit in the forum Help Needed! 19 years, 10 months ago

    A few questions I have for you both.

    The mortgage on the Clovelly property I presume was to buy it as it was an investment property?

    Either way why not mortgage the maroubra property and payout the Clovelly one or do a deal like that on paper between you and her.

    That will change the focus on your current debt from PPOR to IP. Then it is tax…[Read more]

  • byronent_2 replied to the topic Need some direction in the forum Value Adding 19 years, 10 months ago

    Stand firm on offer and maybe make it unconditional.

    Finding out what the motivation is to sell would also help get you an indication on what you can get away with.

    For example when I sell, I give a price to agent, advise not negotiable and the only offer I want to see is an unconditional offer with my number on it. The agent knows I am in no…[Read more]

  • byronent_2 replied to the topic Hi from a newbie to the forums! in the forum General Property 19 years, 10 months ago

    Abbee, anyone that does what you want to do and is succeeding would and could be classed as mentor.

    Friends and family are also there I guess if you can count on them for support and brainstorming. I usually use business people in fields that I am trying to enter that I have met through networking.

    You find there are lots out there wanting and…[Read more]

  • byronent_2 replied to the topic Asset Protection – Family trusts in the forum Legal & Accounting 19 years, 10 months ago

    Ajent,

    Doesn’t that clause state you may become liable should a number of things be presumed or in fact you were aware or deemed to be aware of certain actions.

    I find it very vague, and as a director myself, I am very comfortable with anyone trying to sue. The action of litigation is one thing, actually succeeding is another.

    Provided you…[Read more]

  • byronent_2 replied to the topic Has anyone had to file for ‘bullying’ at work? in the forum Opinionated! 19 years, 10 months ago

    I am glad things are looking better

    Byronent
    Adelaide SA

  • byronent_2 replied to the topic Virgin PI with a plan in the forum Help Needed! 19 years, 10 months ago

    I do this and there is quite a few things to consider.

    Time is never correct. Council say they take 3 weeks and then do it 9. Or 3 months and take 6.

    Early access for subdivision is not necessary. You only need a survey to measure up to subdivide and then you start on plans. Getting the concept right for council is always painful. I would…[Read more]

  • byronent_2 replied to the topic Need some direction in the forum Value Adding 19 years, 10 months ago

    Sorry it is late and I misread your reply.

    Anyway, I would be considering if you can split the land and if so leave the current house on one and put a new house on the other. If you can do that, then I would suggest selling subdividing immediately and either selling the house or the land but not both, as that may put you in a capital gains…[Read more]

  • byronent_2 replied to the topic “Indicative interest rates” in the forum Finance 19 years, 10 months ago

    That is what you get on variable loans.

    They changed. If you got a fixed rate loan, I was under the impression it took effect from the time you signed the deal and it was accepted.

    Byronent
    Adelaide SA

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