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  • Profile photo of gauravgaurav
    Member
    @gaurav
    Join Date: 2003
    Post Count: 5

    Hi Ronulas,

    Thanks for the advice mate. I agree with you. But we will still have to check with DHA…

    Regards,

    Gaurav

    Profile photo of gauravgaurav
    Member
    @gaurav
    Join Date: 2003
    Post Count: 5

    Hi Steve,

    I have been waiting for this book of yours. One question about the price.. it says “as a special offer $20 and P & H covered by you guys“, then how come it says $29.95 upon checkout? Has there been a mistake? I sincerely hope that I do not miss out on the special offer.. I want to save even that $9.95 towards my first house..
    Cheers – [:(]
    Gaurav

    Hi,

    Just letting you know that Brent has uploaded the book into our resources section.

    Check it out at:

    http://www.propertyinvesting.com/resources/13

    It’s available for $29.95, made up of a $20 + $9.95 postage and handling (within Australia).

    Cheers,

    Steve McKnight

    **********
    Remember that success comes from doing things differently.
    **********
    [/quote]

    Profile photo of gauravgaurav
    Member
    @gaurav
    Join Date: 2003
    Post Count: 5

    Thanx thats a valid point….yes we checked on that …and that how it is with the defence…you have to be outside 30km radius…..we will have to rethink reno…..have a great day and thanks again for your time…..cheers…mona n Gaurav

    quote:


    beware of buying reno and then losing your rental assistance allowance. I understand Defence cannot own investment property in same area they are working in without losing allowance. You would need to be near your reno to oversee work.
    Read a couple of books to give you some ideas – well worth the time and small amount of money you will spend.


    Profile photo of gauravgaurav
    Member
    @gaurav
    Join Date: 2003
    Post Count: 5

    Thanks a lot…these points are definitely for consideration….we have bought a book by Jan Sommers…..on your advice…..cheers…….Mona & Gaurav

    quote:


    1. Steve’s and similar books are priceless. If you get one idea that will save you the cost, by informing you on something that could have cost you, its worth the investment.

    2. You have to work out your goals and aims. If you want passive income (and not continue to work for $$$) then WRAPS or Lease/Options my be the way to go. However if you don’t mind putting in the hours then a reno might be enjoyable. It simply depends on your goals/free time etc.

    Its a thing only you can work out – unfortunately

    Steve book, has a few chapters dealing with this point exactly, worth the read, to help you get some clarity.

    Pete

    …Beware of the dreamtakers…


    Profile photo of gauravgaurav
    Member
    @gaurav
    Join Date: 2003
    Post Count: 5

    Hey Thanx a lot…thats a brilliant idea…..me n my husband never thought of that….that was a God sent message!Very sweet of you…..bye…Mona and Gaurav

    quote:


    Hi,

    Colstu has a point about purchasing a property (IP or not) in you posting locality. If you purchase a property within 35km (I think that’s right) of your base then you are expected to live in it. That is, if you are entitled to a 3 bedroom house and you purchase a 3 or 4 bedroom property in locality, then you are expected to live in it or otherwise you loose your rental assistance……unless it is below your housing entitlement. Example: If you purchased a 2 bedroom unit or townhouse or something similar….that would be below your entitlement and therefore you would not be expected to live in it and can still gain rental assistance.

    Cheers


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