Probably the easiest place to buy for an ‘Aussie’ for overseas property is New Zealand. There are many posts on this (that are far more quailfied than me!) so do a search.

Rgds.
Lucifer_au

This I guess would come up as being a transaction that is simply trying to avoid tax, so you would be prosecuted if you did it for the tax benefit.

Rgds.
Lucifer_au

I know when Shell signed the Coles deal the Shell execs were popping champange corks all over the place. Apparently Coles is losing something like a 1c per litre and is paying $20,000 a month as a lease payment (I don’t know though if Shell Servos have to buy product from Coles or if Coles actully runs the business, or takes nearly all of the…[Read more]

There is a book called “Powerful Changes!” by John Burley (investor) and Bryan Fergus (wrote a book called the Spirituality of Welth). It should be in most bookstores.

It’s good, but have a flip through it and see if it was you want.

Also the Celestine Prophecy and Thick Face, Black Heart are good books too.

Rgds.
Lucifer_au

Jeez!!

5 out 5 for 5 reviews!

In my opinion his courses and materials are excellent.
I know quite a few wrappers and many people who have been to his courses and retired (okay, I know 4 personally and know of about 7-8 more, one of them being Steve McKnight who also gave a Testimonial to his Aussie book ‘Money Secrets of the Rich’ which is an…[Read more]

“Alf, If you are not satisfy with NAB just walk away….”

Or run…

Rgds.
Lucifer_au

Salubrious is right…

As for Queenstown… Well I guess it’s a good buy if moon craters are your thing and I hardly see any massive increase in prices there (well at least untill they can afford a tin of paint on the outside (and perhaps use the same colours on the inside!).

Rgds.
Lucifer_au

While brokers seem to get a good deal with the NAB, I know many people who have hd nothing but problems with them. I agree with FW – they are the greediest bank of the big 5.

I don’t deal with them at all (nor do I borrow from them) – their products seem pretty standard and their customer service sucks dramatically. I’ve yet to hear of long term…[Read more]

Steve seems rather more interested in doing deals than talks, though he has just announced a talk (which is now well and truly sold out!). I know Rick Otten still does courses, but when I go to his website (google Rick Otten) and onto his wrap course page it sounds very gimiky to me

“I have a contract right here in front of me (which I will bring…[Read more]

Aahhh.. thats why I couldn’t log on….

Space junk indeed!!!

Rgds.
Lucifer_au

The best:

• Reclassifying the dead horse as “living impaired”.

Rgds.
Lucifer_au

You earn $30-$40K right???

Can you come up with 10% for the purchase of a house? ell the get a 97% loan (the 97% pays your mortgage insurance), and the rest of the money is spent on closing costs. It’s not that difficult to buy alot of properties if their relativly inexpensive (so on a $60K property, $6K for deposit and closing).

Rgds.
Lucifer_au

Answer 1: Yes but only if settlement occurs 12 months from the purchase date.

Answer 2: The highest LVR is 70%, though some banks go a bit higher (depending on risk, experience, etc).

Answer 3: I have been told that while banks like grantors they won’t approve the loan just because you have a grantor.

If your not doing it for this purpose I…[Read more]

Well a trust, since if you hold a property for more yhan 1yr you get the 15% CGT discount, also you can distribute any income to the lowest taxed person.

Companies don’t get the CGT discount so I would advise aginst them to hold property (but they are good for being the benefactor).

Rgds.
Lucifer_au

Usually you will find the discount code in the back of some of the purchases you’ve made (for example look at p387 in the back of Steve’s 130 Properties in 3.5yrs).

Hope this helps a tad (and btw you can’t claim a discount after you’ve bought the products!)

Rgds.
Lucifer_au

I agree with the same sentement of Pelican.

I was even going to PM and complain.. but theres no PM for you
And then I couldn’t find your email.. and then forgot about complaining….

But I have been reducing my posting quite considerably, and I know someone who was new and now dosen’t tend to post because of all the conflict in that section of…[Read more]

AAArgghhhh!!!

Not another felicity…

(There is a wrapper on this forum who is called felicity, and I know another one, so thats 3 now!).

Rgds.
Lucifer_au

W0W!! Lots of looks… but no replies….

Ain’t anyone comming??? Well apparently when I spoke to the ticket people there is 8 seats left….[tongue][biggrin]

Rgds.
Lucifer_au

Here is the quick link so you don’t have to be brainwashed into thinking eating McDonalds is good (or bad… who know what message their sending out…):
http://www.mcdonalds.com.au/WirelessStores/mainpage.asp

Rgds.
Lucifer_au

I agree with Monopoly!

Although this woman was shown the proeprties on a Sunday, she could of always rang up an agent on Monday.

Saying that though, look at how small the profit contingent is:
“30 properties in the area for an average of $20,772 and sold them for an average of $48,433.”
That would of been ALOT of work for not alot of money! They…[Read more]