Our next meeting, Tues 15th April, will be at the same place and time as above. This month we are hosting Craig Russell from Priority One Mortgages to hear the latest in lending products, and answer the important question, “Do banks value new customers over existing ones?” Learn how you can get the most out of what can be a long-term and…[Read more]

Sorry PeterInvestor, it has been sold.

Hi Shane
Haven't heard from Jeanno, so yes it's still avail. 
As for price, I haven't thought too much about it, as it's first in best dressed. Feel free to PM what you're happy to pay? 

Hi Jeano

It's been a while, are you still wanting one? I'm going to offload mine.
Let me know if you are interested.

Cheers
Claire

All good for tonight. If anyone reads this before 7.30pm and wants to come along, please feel free to do so. Future meetings and details, you can find us on http://www.facebook.com/#!/groups/236871996398420/ Entry is via the rear door of the library, so if you're unsure find a side without crazy angles and that's the back! Door is at the far end,…[Read more]

Hi JamieThanks for the heads up on somersoft, I'll check it out and post there too.Normally, it's a small group of less than a dozen depending who's in town. We too were meeting on a more informal basis, but the venues can be noisy. And yes, different to the DFO meetings ran by Yvonne Thomas, aka Snowy as this is more of a networking than a…[Read more]

Thanks Jamie!

How has your outlook and focus changed over time as your investing grew to, and past the point where you no longer needed an income from a job?Was there a key moment where you knew you were committed to becoming 'financially free'?What advice can you give to investors who are looking to make changes in their lives?How do you keep going after…[Read more]

I'd suggest educating yourself first, then you will have the confidence to make an informed decision by yourself. If you are interested in doing some courses, check out what people have to say on these forums. Steve has just launched his new Apprenticeship which is a cert IV course and will give you a good grounding. I've done a few courses and…[Read more]

look at your target market, if you need more info on them and whether they want a bath, speak to some agents.Women tend to look for baths more than men, it's not just for kids! A good agent (or three) will give you some clarity.

One way we are planning for it, to make life easier, is to have portability on our loans.This works so that if you sell a place, you can 'port' the loan to another place without having to go through all the form-filling rubbish all over again. Again, ask your broker, but this is what we've done.

I look forward to hearing from him, he can always PM me if he wants to.Thanks for the referral

In Canberra, and the option fee is $5000.

Hi BenThere are some experienced investors in Vic who would be happy to help. It depends on what area in vic you are looking for – but get in touch with the webuyhouses website, and they can help you out by arranging things for you or helping you start investing in that way if that's what you want. Sorry i don't work down there, but best of luck!…

Hi guys, starting out in IP and I'm wondering about the setup details of vendor financing.My partner and I are looking to start investing, however not having done one before and only holding a PPOR at the moment there's a few unanswered questions before we can confidently start.Firstly we're not sure whether to use a trust for wraps, or just for…[Read more]

am also new to strata titling – is it done through local council?have a block of 4 that looks good and will look great after some minor cosmetic stuff. i'd love to know more about the process but feel overwhelmed with what's ahead. where is a good place to start/useful resources?

I say good on you for thinking outside the norm!If there's a few issues, how could they be worked out – you give them the car to own rather than retain ownership? after all they are paying extra as in your example. in a 12 month lease you'd have it taken care of and then a bit of profit.otherwise a pushbike, include a helmet if you want! there are…[Read more]

Just following on from this, are there any FBT (or any other) implications if the trust owns a large boat or luxury car?
Would it be better for these to be owned in your own name?

Thanks![strum]