I think alot of investors are becomming don’t wanter landlords. They’ve got all excited and bought “CF+” (probably more like CF- after expenses) without having a real idea on what there doing… Now they see only $15p/w hardly as anything (and most are too lazy to create any extra value) so they are selling… to buy things like 4WDs. And to give…[Read more]

“I was thinking of was buying a 3 or 4 bedroom home and extending it to approx 10-12 rooms.”

This will require a bit more effort than just adding an extra room – you will probably have to DA approval from the council for construction, also with the number of people you are hoping to get you probably have to ensure that you follow council…[Read more]

I agree with FW – You must have a minimum of 3-4 deals before even thinking about using investors… Of course that just my opinon.

Rgds.
Lucifer_au

You can have a corporate truste (so basically a company runs the trust) and their are so interesting things you can do (for example having Intellectual property held by the trust and your other business can pay a fee for the use of it (so it transfers $$$ to the trust). Also you can have your business (other comapny) as a beneficary so the trust…[Read more]

It gets better with 4 stars… (or so I have been told…).

Rgds.
Lucifer_au

Mmmm… Interesting plan….

I think it will be one that favours major developers over us.

Also considering half the residents will be in public housing I question wether there will be massive growth prospects…

Rgds.
Lucifer_au

Just quickly I think it might be worth your time having a look at this forum: http://www.mastermindforum.com/phorum/list.php?f=9

I think you might find some good info esp. on positing sizing / money management. In fact you can create a system with a negative expectancy (so you lose on most of your trades) and still make alot of money…

Rgds.
Lucifer_au

Raceplays – interesting you are training up others and taking a % of their winings. I know one trainer, Dr Van Tharp (who is interviewed in the book ‘Market Wizards), who ran a year long course call the ‘super trader’ course. Price was a upfront US$100,000, and you had to already be in the market. After completing the course he would arrange for…[Read more]

Because you have positive cashflow, it won’t make that much of a difference, however if you were negatively gearing it wouldn’t be good (as you are pretty much reliant on Capital Gains to make money).

Rgds.
Lucifer_au

You can use Student loans as a deposit (in fact that is how Dolf De Roos started [http://www.dolfderoos.com]).

Rgds.
Lucifer_au

And also it will be about how people who are negativley gearing are having to sell all their properties and still go bankrupt because ‘interest rates raise a few more points’ and they can’t afford it.

Rgds.
Lucifer_au

Well with one property I would be losing alot per week when it was vacant and tennated.

To me I dislike losing moeny (as I don’t need a job, the benefits of negative gearing aren’t that great for me). I really invest for the cashflow not the Cap. Gains though.

So I would buy the 4 netural properties and make them positively geared investments…[Read more]

Usually country properties are cheper and if they are in area that is reasonably stable usually reductions are going to be a lot less in % wise than more expensive property (who wants to buy a multi-million dollar house in a recession? Not that many people…).

Rgds.
Lucifer_au

I often see this. Raising funds is not easy. Sure you might be able to give a high return, but beginners usually have little experience in real estate, I really do question what would happen to beginner investors if something really bad happens especially when they don’t have the number of proeprties to keep paying the investor the return they…[Read more]

All of them are actually quite good. I would say the most recent one.

Rgds.
Lucifer_au

“some are lucky through good timing”

But somehow I’m guessing they had done absolutely nothing (like buying property/shares/etc) except getting luky through good timing. Usually someone has to do something to “get luky”.

Rgds.
Lucifer_au

Since you’ve got no idea what to do with I would suggest you put the money in the bank. Many times I have seen business people who have made millions blow it all by trying to become investors. I suggest you spend money on educating yourself, because as Warren Buffet says “the best way to make money is to avoid losing it”.

Rgds.
Lucifer_au

The real protection comes from the trust. It’s just easier to replace (fire) a corporate truste rather than an indvidual.
(manily because a company has limited liability where as an indvidual has unlimited liability). But as I said before the real protection comes from the trust.

Rgds.
Lucifer_au

As DD said be very careful. I do have a friend who has invested their, but I wouldn’t. It almost nigh impossible to get a tradesmen there (they come and stay over night, so you have to pay for that), and valuations can take absolute weeks to arrive (and because of the condition of the properties are usually undervalued from the contract…[Read more]

People use Lease Options to get around the imposed Gov. laws (which ironically they can break legally!).

Rgds.
Lucifer_au