hi matt,unfortunately i can't help you on that one.but could you tell me what courses and who's seminars you have been to.?and were they of no help at all?thanks,frosty1

thanks marc,i am reading as many books as i can,there are many available, and it's a great, easy, cheap ( from library), way to learn and get ideas and become inspired.this forum is  like a good book that never ends,  some very good reading, helps you to come to your own conclusions.also if something is not understood, you have the opportunity t…[Read more]

hi marc,who wrote  '' WHO STOLE MY MONEY '' ? ,  is it one of robert .k's  books?is it about things to avoid, mistakes etc?frosty1

hi,thank you  very much for the above web site/link.very interesting.thanks again.frosty1

hi jon,do you now much about renting houses out by the room?can you still get landlords insurance.will realestate agents still manage your property for you, renting in this manner?are there any other difficulties in doing this?thanks for any reply.frosty1

my grandparents were both working most of their life.they could not apparently afford to buy their first house untill they were in their 50's.this was about 70/80 years ago in oakleigh, (melbourne).my parents had rented 14 different houses before they were able to purchase their own house.this was about 45 years ago in blackburn (melbourne)i am in…[Read more]

initial consultation is usually free.good to get a rough plan in your head first and see what they think .then go to several others and compare their ideas.costs nothing to do this, only your own time.it may give you some ideas to help you make your own mind up.frosty.

thanks terry,interesting reading.frosty.

NAB has licensed financial planners that usually sell all types of life insurance, income protection insurance ect.they will be biased but that doesn't mean it will be a bad deal.they might be quite competative.  worth comparing not only their price but also their opinions.frosty

Hi Terry,   thanks for the response again.someone that goes crazy with credit cards possibly wouldn't be good with investments, as you need to be disiplined with money to do well.also, in this day and age, drinking and driving is something that should be kept under control to be successful in more ways than one.i do understand there will always b…[Read more]

terryw,  thanks for your reply.  it's great to hear your views, i'm still learning.i think people at high risk would be people that work for them selves,in private business, doctors, surgens, etc.i'm not sure of the risk for people who work for wages and that have car and property insurances for liability.( landlords insurance etc. )   is this sti…[Read more]

hi,i think all 3 ways would be used by different people.it depends on what suits your sitiation.there are fors and againsts for all.i also find it difficult to determine which is best even when i weigh up the good and bad of all structures.most property investement books i have read explain the ins and outs of different ownership  structures. a…[Read more]

 HI ALL,i have been interested in the 'trust verses own name structure' for a while now and i am still unsure what is best.does anybody know anyone that has actually been sued and lost their properties or assetts?in a trust property expenses and losses cannot be claimed against personal income.who else would you want to pass income to through the…[Read more]

hi,would a morgage off set account be a better set up than a LOC?i guess they have different purposes.is an  off set account only good if you have the extra funds available?your income still goes into it just the same as an LOC, and reduces the amount of interest paid and causes no tax problems with money coming in or out for personal use or…[Read more]

I guess towards the end result, you want properties to end up on the positive geared side, but as this occurs i would think it would be time to buy again.  do you think?

hi sammi 13,may i ask why you want a trust?I am just curious as to their advantages to justify having one.thanks,frosty1

thanks scott,once subdivided and i sell, how and who determines the cost base price of the new block?as it came from my PPOR.   This would also lower the value of my PPOR because it is now on a smaller piece of land.If i sell it all together as one, i pay no CGT.     If i sell in two pieces i pay CGT.   Is this right?  thanks again,frosty1

hi,i may have looked at the same property.it was leased out untill feb 08.i thought it was a good investment also and i nearly bought it.it only had a single garage. corner block.i thought it was a good buy at that price even if it was unfurnished. if it became vacant for too long you could always advertise it for rent as furnished or unfurnished.…[Read more]

units4me wrote:
There is only one regional vic town of 20000+ population with a present growth rate of approx 2%PA or more (ABS 2001-2006). It may surprise many.

hi, are you thinking of traralgon?frosty1