Perhaps it’s just a quick typing mistake…
Or perhaps he is a young one!

I tend to do make mistakes I’m tired. Of course since alot of my posts occur after 1:00AM that most of them!

Rgds.
Lucifer_au

The short answer is Yes you can.

Also as a side note I would always use a broker.

Rgds.
Lucifer_au

If you have the right coporate structure (i.e. using a trust) you can reduce paying almost all taxes legally (except stamp duties it seems!).

Rgds.
Lucifer_au

Try EziDebit (http://www.ezidebit.com.au).

Rgds.
Lucifer_au

I was wondering about this too. The RBA controls the economy through interest rates, and a IFL does seems to be affected by one of the main controls the Gov has! In the end though if a Gov. really wants to limit something they can, all they need is enough info. and they can impart legislation.

Also while it seems to be an amazing product I…[Read more]

Use an offset account rather than a LOC.

It usually the same thing, but with lower fees.

Rgds.
Lucifer_au

Check out http://www.jaffasoft.com for a good calculator which works out wether a deal is positive cashflow or not!

Rgds.
Lucifer_au

I would do long term buy and hold there too. It might not be pretty at the moment but soon it will be the next Manly (or Bondi). As a mento once said to me “If you think it’s expensive now, just wait another 10yrs – then it will be insane!”.

Rgds.
Lucifer_au

Is that P&I or I.O.?

It dosen’t really matter, but if it’s P&I you can switch to I.O. to boost your CF.

Goood deal! Who says the 11sec rule dosen’t work anymore!

Rgds.
Lucifer_au

Welcome to the forum!

One of the greatest forumlas for wealth is to build business and buy real estate, and it looks like your doing it well!

Rgds.
Lucifer_au

I don’t think property will go through another boom for a while. Mainly because it’s already had high CG. Look at the trends.

As for interest rates, I’ve got a feeling that there won’t be any large interest rates. My only concern is the tight job market at the moment, but with the IRC keeping that in check I don’t see that as a major…[Read more]

Keep a diary and add to it each time she attacks you in some way. Diarys are seen in a much better light than memory in court. And the fact you have a diary regarding each incident and she dosen’t makes it all the more powerful for your case.

Rgds.
Lucifer_au

As soon as anyone mmentions the wrold ‘down line’ it’s a pyramid scheme of some sort.

>I’m not extolling PIPS … In fact, i’m against it.

Is that why you have “Proven System to double your $$$ in 60~90 days!! If you’re interested, click on my “WWW”” In your tag?? (and of course the WWW directs you to the said web site).

Rgds.
Lucifer_au

>When i look at some of the upfront commissions paid to brokers and trailers by some financial institutions its amazing. I could have gone through the front door and got the same deal.

Perhaps, but my broker keeps up to date with a whole range of products, and lets me know if the banks are pumping out more funds or starting to restrict funds (the…[Read more]

PropertyQueen due to the current boom it is now a lot harder to find CF+ property (though I’m still buying them). If you read Steve’s second book there is now more emphasis on finding twists to the property which will enable you to create a CF+ situation.

As for being negative, on this case if it is say less than $1 a week, I would say go for it…[Read more]

For all of Kiyosaki’s books:
http://www.amazon.com/exec/obidos/tg/listmania/list-browse/-/2TDSVIMRH08W3/qid=1104937053/sr=5-1/ref=sr_5_1/103-8371976-9569420

For the specific one pelican is talking about:
Rich Dad’s Escape from the Rat Race : How to Become a Rich Kid by Following Rich Dad’s…[Read more]

Based on the wording I’m assuming that if I purchase a property and rent it out say for 6 months and then live in it for 6 months I am still eligible for the FOHG? Is someone able to confirm this.

> From what I’ve read on this forum, this seems to be the case – but I would check with a mortgage broker from here as well.

Also on the same lines if…[Read more]

Perhaps if you bought the property in a trusts (or company’s) name you might avoid having to move out of your place.

The reason is basically a trust/company are completely separate entities and as such might not be seen as connected to you.

You might have to have a trust with a corporate trustee (a company is the trustee)

I would defi…[Read more]

I know a that a piece of land was sold recently, and the photo they had of it was not the photo of the actual land, rather it was the land next door, which basically surrounded this piece of land and there was basically no access (though the next door piece of land, which was the one the photographed, showed a road running next to the…[Read more]

Feb is fine by me. But early Feb Felicity is away (11th of Feb she goes to NZ) and late Feb (27th) I’ll be away.

Perhaps late Jan or early, early Feb (or do you think thats to early?).

Also I have some free (commercial) web space available too.

As to where to meet?… I’m very flexible (and will travel).

In terms of stepping on toes, the VFA…[Read more]