Fields replied to the topic Urban Property Corporation – Developer in the forum General Property 15 years, 2 months ago
Hi Zara, I bought land from Urban property corporation 1 year ago and WISH I NEVER DID! Thier developments are full of bright ideas but they never do what the say! my suggestion – STAY AWAY! Fields
Fields replied to the topic Trusts…. in the forum General Property 21 years, 2 months ago
Hi guys,
just thought id through you some help as i work in the accounting field.
Discretionary trusts are very benefical for high income earn’s as it allows greater flexibility on distributing income to other beneficiaries.for example,
profits earned in a year may be distributed to a family member if thier income is low allowing for a tax rate…[Read more]Fields replied to the topic Positive backfire in the forum General Property 21 years, 2 months ago
Evening all,
Well…..first of all, quiet a big response to this now swinging debate. Before i try and answer a few replies i wish to make my thoughts clear…
I myself, currently own +ive cash houses in both regional and deep rural sectors. They, in the past few years have paved the way as a great income-stream tool. Like you all i just have my…[Read more]Fields replied to the topic Positive backfire in the forum General Property 21 years, 2 months ago
Mel,
Rentals are declining – that means fewer people are renting because most now own a house. And, with regards to the p&i loans it takes some time (normally 1-3yrs) before the laon starts to decline due to interest rates. Try doubling interest rates now and see how your repayments look….
im not totally against +ive cashflows (I’ve seen some…[Read more]
Fields replied to the topic Positive backfire in the forum General Property 21 years, 2 months ago
Guys,
It doesnt matter how many books you read, the basic facts are simple. you dont have to be Einstein to realise people will suffer. Before people know it, interest rates will rise and positive cashflow houses will become negatively geared. This will lead to people trying to sell thier rural houses, and to no prevail. Tell me, whos going to…[Read more]