I am currently having this debate with our body corporate of which I am on the committee..
Correct me if I am wrong but.

1. If it is on your property and was there when you purchased your property then as per you “Vacant possesion” clause on your contract the car belongs to you.
This means that you can move it legally to where ever you like.

2.…[Read more]

I agree with Mini..

There are plenty out there if you really want them..
I use the internet alot for my research..
Realestate.com.au
property.com.au
to name a couple..
Yes it’s true that alot of those that are on those sites are already sold, but they are great sites for you to gauge what the prices are doing around the country.

When you make…[Read more]

Thanks Muppet…

I get it… And I think I got it without knowing… So thats why all of our properties are +vely geared:)

Thanks again..

Calron the Alcamist
Turning things into gold is fun.
alcamie@datafast.net.au[]

Judith..

Thankyou.
I am assuming by your post that you must have -ve geared property. If so. Talk to your broker, or another broker that is positive and willing to work for your business and help you make him richer than he should be already.
It would be a real shame to sell your existing properties an incur CGT on them. You should be able to use…[Read more]

Hi all

Here’s my story.. It has been posted in another stream tho..

We have 7 properties bought in under 2 years, all +ve geared.. with 3 more next month coming..

we basically got into the market here in GoldCoast QLD when we moved up from Sydney. 20% down into our first property being our Home. That 20% consisted of the $13 that was left of…[Read more]

I don’t know, but I would like to know the answer too.

Therefore my second question assuming that the answer for the first is positive is.
What is the best IP software around for the Australian rules and regs???

Cheers

Calron the Alcamist
Turning things into gold is fun.
alcamie@datafast.net.au[]

On the surface it looks like it’s a good 12% return deal..

I have a few questions b4 I could attempt to answer this properly however..

1. How much of this is Lettable commercial space?? ie. how big is the workshop??

2. How much space is residence?

3. Is the residence being let seperately to the workshop?

4. What are the outgoings that the…[Read more]

hey Sue.

How are your loans structured??? Principal + interest or interest only??

We’ve found that with 20% down and in the case of commercial, 30% down and interest only loans, the repayments and all outgoings is in our property cases, always covered by the rent + profit.

Where are you at?

Let us know then we can probably help you…[Read more]

Hi Michael…

You say that your only interested in 3 bedders???
If that truly is the case then my advise would be to open your options.. Then again your asking for suggestions so I guess you are opening your options..

I own a company too. However not one of my properties have been purchased through it.. That would be a bad tax move.
The company…[Read more]

quote:
Calron – you’ve increased your net worth to WHAT?!?? Wow. Congratulations.

Are you willing to share your core strategies – buy & hold, renovate, develop, etc.?

Thankyou Melanie.
I couldn’t have done it without a few people.. My wife of course. A very cool boss who lets me work from home and look after his business as well as my property…[Read more]

quote:
old “experienced applicants only”

Would you really want to take advice from an old financial planner who is still working???

I personally would go for the young Finanicial wiz who quit working b4 he was 30 or younger. He’s the guy I’d rather learn from.

Please.. Financial planners plan for you who want to be poor when you retire. I plan…[Read more]

Hang on a sec here…
Didn’t you say he owns a 400k property fully cashed out?
If he was to put 30% into a 300k IP with a $340 rent then why would he need a low doc load at such a high intest rate??
If he had a decent broker then he would be at around 6.02% and only needing $232 per week therefore CF+. the bank would give this to him with bells…[Read more]

quote:
Hi,

don’t forget to lock in your interest rates. Historic lows.. yada yada yada

Lock your interest rates now???
why??

The rates are going to and fro for a while yet..
When it starts to move up a couple of percent then think about doing it but until then stay liquid.. As soon as you lock your rate in, you can say bye bye to any refinceing…[Read more]

Powderfingers…

Are you licensed???

I am investing at present up here in QLD..

What is the critera that you are using to determine that the properties that you are recommending are indeed cf+ ??
Wide bay to Northern QLD.. Why are these good areas to look at in your mind?

I started with $13,000 20 months ago, I have just increased my networth…[Read more]