westan,

wait a second, how come i am paying the stamp duty with part of my 80% loan? I can see how the seller is taking the payment from my bank and distribute it to his bank, his pocket, his solicitor,…. but how come my stamp duty as well?

I mean SD is included in the purchase price? Is that why u didnt include SD in your previous calculation…[Read more]

Westan,
wow, your calculations is kind of strict compared to mine. Usually I just go rule of 1.6, and my vacancy i assume only 1 week[]

I used my software to calculate, and came up with about 6.5% net yield (my liberal calculation), and with Enjolady’s case, I came up with around 7.3%.
Is that what u got Enjolady?

Okok guys, thanks for the analysis.

Hey i got another q.
I was looking at another of my property loan summary, and here is what it says:
Homeside Lending 500
Commissioner of State Revenue 2021.60
Registrar of Titles 413
Deacons (whoever that is) 189.26
Gippsland Water 93.20
My COnveyencer 496.86
Seller’s conveyencer 503.25
Bank of Melb (the…[Read more]

Westan,
the property is a vinyl clad, newly renovated throughout.
I offered 92,000 with the full furniture, and the rental should be about $140 – $160 best.
The capital growth has been about 9%, median about say $65,000 in that area….

My offer has just been accepted.

What do u think of it?

If a property in a small country town is sold at 92,000, just newly renovated throughout, with all furniture, 3 rooms, big garden, and the rental is $150 per week, would u guys take it?
What kind of returns are u guys looking at?

TheENJOLady
can i have your email? i would like to discuss something with you.
Email me at fullout77@yahoo.com quick.
thanks

hey guys, what about the deductible items. How would my accountant know how much is the value of the fittings like lights, oven, heater, carpet and others?

Does the seller need to give me a list of their current value or something?

The things that come as “Furnitures” are
Beds, drawers, sofa, dining table, Tv, video, lawn mover, Washing Machine, Fridge, Microwave, and the Oven.
They are in good condition, only about 2-4 years old.
So these are tax deductible items huh?

And the value (to base the depreciation on) is determined by how much i bought it for from the Seller?

When is Steve’s seminar in Melb? and when?

I am. I have a whole library of Property iNvestment books. I keep all my books in excellent (like new!) condition.
I have books by Jan Somers, Brad Sugars, the Wakelins, etc.
If you are interested contact me at fullout77@yahoo.com[]

Keggles,
may i ask which bank is it?
you may email it to me at fullout_2003@yahoo.com

thanks so much!
^^

Which bank and lender gives more than a 5 yr interest only loan?

terryw,

he fully owns his house now, so there is no loan on his house anymore. What to do? thanks

the only thing i think is valuable from that book is that she recommends Interest Only loans and explains why its useful.

No not yet.
to think that this guy spends so much of his time investigating and researching about Kiyosaki just to discredit him (even if its true or not), makes me wonder how negative this person is. Imagine spending months and months researching on someone which he says he doesnt like, boy this guy sure has lots of spare time. My message to him…[Read more]

That all seems ok to me if thats real,

remember its what u get out from the book thats valuable. The rest is just that – stories, examples, analogies.

In the 1960s, Carlos Castaneda wrote the Don Juan series, its said to be one of the most insightful wisdom books ever written, as so many people were influenced by it, people like Richard Bandler…[Read more]

rajohn (John Fowler)

hi JOhn,
would you like to communicate with me by email? I would like to ask you about your experience with Brad’s seminar. Very interested to know what u got out of it.

heres what i know about brad from attending his seminar.
He’s really young, only 31, very successful, rich and intellgent. A great speaker with lots of humour and insights on how to be wealthy. He focuses on Business, Property mostly,(these 2 are his expertise. No doubt he is one of the most clever entreprenuers and business coach out there) , his…[Read more]

does kiyosaki come to Oz for seminars? when

guys,
We still have doctors debating whether we
need supplements or not. Some docs agree, some don’t. But i did see myself getting improvements from taking certain pills. And i have friends who take supplement pills and see their cancer reduce and heal. I have also doctors who advice me to take this and that supplements for such and such a…[Read more]