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  • Profile photo of ez-rentez-rent
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    @ez-rent
    Join Date: 2003
    Post Count: 139
    June 8, 2005 - 1:35 pm

    Hehe, so called ‘analysts’ can be a great indicator to do the exact opposite of what they are saying. I am personally quite upbeat on WA provided that interest rates stay low.

    Has anybody else noticed though that you can pick the top of a cycle by the number of Today Tonight articles talking about a share or property boom? :-) In my opinion they are the best indicator of all!

    As soon as they start doing agribusiness I’ll sell my stocks!

    [email protected]

    EZ-Rent. The freeware tax and cashflow simulator for Australian property investors. Version 2.5 out now!
    http://www.ez-rent.com

    Profile photo of ez-rentez-rent
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    June 8, 2005 - 1:28 pm

    Funny story (if you can call it that). I had a report done in 2001 and my accountant at the time refused to use it as he disagreed with some parts of it.

    At the time I opted for caution, but he turned out to be a sucky accountant and my next one (who is excellent) took a look and thought it fine. So a few months back I restated by last 4 tax returns with the new depreciation schedule and got a nice litte windfall with interest :-)

    (Pity the interest is added to my income to half of that will be gone this FY)

    [email protected]

    EZ-Rent. The freeware tax and cashflow simulator for Australian property investors. Version 2.5 out now!
    http://www.ez-rent.com

    Profile photo of ez-rentez-rent
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    June 7, 2005 - 5:02 am

    Thanks for the kind words Mark. I’m not certain if this forum has too many hidden agendas but its certainly a means to make money for its owners.

    I have read posts here where I know the poster has worded the question in a way to try and solicit clients which becomes obvious to people and can be uncool. But on the other hand I think if someone has a good resource, be it documentation, software or tips and it has relevent value to others, then there shouldn’t be too much drama with posting it.

    Since its a horrible grey line between whats valid and whats not (and moderators will also differ in opinion), I’m kinda philisophical about it all.

    It will be interesting to see what this forum looks like in 6 months time…its certainly changed alot since I first posted..

    EZ-Rent. The freeware tax and cashflow simulator for Australian property investors. Version 2.5 out now!
    http://www.ez-rent.com

    Profile photo of ez-rentez-rent
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    June 5, 2005 - 2:33 pm
    Originally posted by The Mortgage Adviser:

    The problems were in an old version. I have not seen the newer versions because I do not want to be marketed by Peach.

    If anybody feels this way then a PM is all that is necessary to obtain the software..

    [email protected]

    EZ-Rent. The freeware tax and cashflow simulator for Australian property investors. Version 2.5 out now!
    http://www.ez-rent.com

    Profile photo of ez-rentez-rent
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    June 5, 2005 - 2:06 pm

    Well from now on I will refer to EZ-Rent as freeware, rather than free, which I think is a more accurate description.

    But I still won’t overtly post about updates anymore if others are having moderators remove posts of a similar nature.. However if a poster asks about PI software, thats fair enough I assume since people recommend some of the good commercial alternatives like PIA on this forum..

    Oh and while we are at it, please PM me and detail any of the problems you have found with the program. I rely on this feedback..

    [email protected]

    EZ-Rent. The free tax and cashflow simulator for Australian property investors. Version 2.5 out now!
    http://www.ez-rent.com

    Profile photo of ez-rentez-rent
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    June 5, 2005 - 1:46 pm

    Okay, no problems.. I won’t post here anymore.. no offense was intended..

    EZ-Rent. The free tax and cashflow simulator for Australian property investors. Version 2.5 out now!
    http://www.ez-rent.com

    Profile photo of ez-rentez-rent
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    June 5, 2005 - 1:36 pm

    I truly wish I could make it free according to your definition as I am very sympathetic to that view.

    Right now however, it takes an investment in time and effort that I receive very little compensation for. At least by having a sponsor, *some* of the development is subsidised and if that means you have to be emailed the link to download it, so be it. I feel this is a better alterative then you having to pay $100 for it though and find you totally hate it.

    Also if I had provided the download information to Peach I would have probably violated the privacy act and my own privacy policy. Hence why Peach handle it.

    We can argue different definitions of free all day, as computer geeks do it all the time with freeware vs open vs closed source, etc. Plenty of freeware apps require email registration for unlock keys..

    But I will make one point. Since I released version 1, I have had maybe a dozen commercial sponsorhip enquiries from selling agents, brokers, a property developer and the like – the most recent one being 6 weeks ago. In almost all instances, they felt that simply linking to my site was enough for them to in return have full branding and distribution rights to EZ-Rent.

    Since Peach were the only ones who were serious about it and financially assisted me to make version 2. They did the right thing by me, I therefore do the right thing by them.

    [email protected]

    EZ-Rent. The free tax and cashflow simulator for Australian property investors. Version 2.5 out now!
    http://www.ez-rent.com

    Profile photo of ez-rentez-rent
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    June 5, 2005 - 12:52 pm

    The only way I could justify spending time on developing it after version 1 was through Peach’s sponsorship. In return they have the right to distribute the software as *they* see fit.

    Many moons ago before ever posting I emailed Steve directly to ensure I was breaking no forum rules in telling people of the availability of the software. At that time he said it was fine.

    If something has changed since then I am unaware of it..

    [email protected]

    EZ-Rent. The free tax and cashflow simulator for Australian property investors. Version 2 out now!
    http://www.ez-rent.com

    Profile photo of ez-rentez-rent
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    May 22, 2005 - 12:54 pm

    Gday

    This guy is a friend of mine who really is very good. He’s not popular among some of his peers who are comission based though :-)

    Some time ago he made this powerpoint presentation available from his website.

    http://www.travismorien.com/investment.ppt

    It should provide some help..

    [email protected]

    EZ-Rent. The free tax and cashflow simulator for Australian property investors. Version 2 out now!
    http://www.ez-rent.com

    Profile photo of ez-rentez-rent
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    May 22, 2005 - 12:48 pm

    Try my free program and see if your results are still the same..

    50% in value over 10 years is probably on the conservative side.. Although I don’t subscribe to the properly seminar chestnut of “property doubles every 7 years” crap, 50% over 10 years represents 5% per annum and thats historically less than the average return..

    Also many factors influence your cashflow and eventual gain. Depreciation is one of them.. Did the online calculator account for this??

    [email protected]

    EZ-Rent. The free tax and cashflow simulator for Australian property investors. Version 2 out now!
    http://www.ez-rent.com

    Profile photo of ez-rentez-rent
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    May 11, 2005 - 1:02 pm

    Hi kristelv

    Some time ago a very kind soul gave me a detailed property checklist which I added into my EZ-Rent program.

    Have a look at this.. will cost you nothing :-)

    [email protected]

    EZ-Rent. The free tax and cashflow simulator for Australian property investors. Version 2 out now!
    http://www.ez-rent.com

    Profile photo of ez-rentez-rent
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    May 4, 2005 - 4:43 am

    I think this is a great article that helps you determine scammers from legit..

    http://www.travismorien.com/FAQ/ripoffs/scquack.htm

    EZ-Rent. The free tax and cashflow simulator for Australian property investors. Version 2 out now!
    http://www.ez-rent.com

    Profile photo of ez-rentez-rent
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    April 28, 2005 - 9:08 am

    Hi Redwing..

    yeah its out (been finished for a while) and I’m letting Peach do all the promotions..

    Incidentally, where did you see it advertised?

    [email protected]

    EZ-Rent. The free tax and cashflow simulator for Australian property investors. Version 2 out now!
    http://www.ez-rent.com

    Profile photo of ez-rentez-rent
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    April 23, 2005 - 9:10 am

    why not try one of the free ones?

    EZ-Rent. The free tax and cashflow simulator for Australian property investors. Version 2 out now!
    http://www.ez-rent.com

    Profile photo of ez-rentez-rent
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    February 5, 2005 - 7:59 am

    Hi, on a tangent..

    A financial advisor friend of mine suggested I was better off buying the stock of these companies because after 10 years you still own the assetts that the company owns.. When you invest in allotments its good in certain tax scenarios but after 10 years they redevelop the land and sell it to the next investor.

    I took his advice 2 years ago and make a 300% return in Timbercorp and 250% on Great Southern Plantations respectively..

    So I’m a big fan of agribusiness in general. I think with the diminishing old growth timber resources it makes a lot of sense.. but at the same time I’d much rather own the stock..

    EZ-Rent. The free tax and cashflow simulator for Australian property investors. Version 2 out now!
    http://www.ez-rent.com

    Profile photo of ez-rentez-rent
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    October 7, 2004 - 6:59 am

    Daryl, what do you mean by ‘managing’?

    Cashflow management? gearing scenarios?

    [email protected]

    EZ-Rent. The free tax and cashflow simulator for Australian property investors. Version 2 out now!
    http://www.ez-rent.com

    Profile photo of ez-rentez-rent
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    October 6, 2004 - 6:33 am

    Another option that can be very useful is to negative gear shares to offset your positively geared property.

    A risk with negative gearing property is flat capital growth combined with the long time that it can take to get out of a property when needed. Plus, neg gearing property becomes less efficient over time because your claimable items like depreciation drop off over time..

    Shares, or even a high yielding index fund, can offer you the same tax offsets with the advantage that you know on a daily basis how you are going based on the share/unit price. The yield tends (not always of course) to be a relatively static percentage of income. eg last year I got a 4% dividend yield and 34% capital growth. This year my yield will also around 4%, with 20% capital growth thus far..

    Big disadvantage? No bank will consider your shares as equity when buying more property – but because you can buy a small parcel and thus ‘dip your toe into the water’, I think it also has a place in a balanced investment portfolio.

    cheers

    [email protected]

    EZ-Rent. The free tax and cashflow simulator for Australian property investors. Version 2 out now!
    http://www.ez-rent.com

    Profile photo of ez-rentez-rent
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    August 28, 2004 - 12:51 pm

    Hey Redwing..

    That part (the peach page) I don’t control, but you should have got an email from them with the link to the download. PM me or mail me and I’ll send u the link..

    cheers

    [email protected]

    EZ-Rent. The free tax and cashflow simulator for Australian property investors. Version 2 out now!
    http://www.ez-rent.com

    Profile photo of ez-rentez-rent
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    August 27, 2004 - 9:23 am

    ADSL enabled phone line.. + a wireless DSL router to go with it.. particularly for students anyway

    EZ-Rent. The free tax and cashflow simulator for Australian property investors. Version 2 out now!
    http://www.ez-rent.com

    Profile photo of ez-rentez-rent
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    August 27, 2004 - 9:07 am

    Try Ez-rent (www.ez-rent.com). Its free so thats a big plus :-)

    The only thing is I haven’t yet updated it to reflect the new income tax rates for FY04/05 because I’m in between houses right now :-)

    But I will get there… promise :-)

    cheers

    [email protected]

    EZ-Rent. The free tax and cashflow simulator for Australian property investors. Version 2 out now!
    http://www.ez-rent.com

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