geo replied to the topic Great Financier in the forum General Property 20 years, 8 months ago
Hi again,
When I found my first good property, I found a good broker – he managed to get me a fixed only interest rate of 7.1% on a commercial property. I was rapped – over exited considering the interest rates on Comercial were 8%. Anyway, he was good and so were his interest rates UNTIL I came across this friend of mine (didn’t know she was a…[Read more]
geo replied to the topic Property Investing in the forum No Subject 20 years, 8 months ago
Hi Spi,
I started – infact – am starting quite the same way you are. There are many ways to get finance – good on you for finding positiv cashflow properties. you can get a money partner – but if you wish to do this by yourself – email me if your in VIC – I know a good finance lender that most likely could help.
Kind Regards,
George.If You…[Read more]
geo replied to the topic moving into IP before first year is up in the forum No Subject 20 years, 8 months ago
In Victoria – that is allowed
Kind Regards,
GeorgeIf You never never ask, you’ll never never know”
geo replied to the topic Research in the forum No Subject 20 years, 8 months ago
Hi,
A similar post was made on General Investing – go to that forum and its on the first 2 or 3 pages – you will find a lot of links to other sites. Best of Luck.
Kind Regards,
George.If You never never ask, you’ll never never know”
geo replied to the topic The Treasure Chest in the forum No Subject 20 years, 8 months ago
email the moderator or admin staff
Kind Regards,
George.If You never never ask, you’ll never never know”
geo replied to the topic Flips in the forum General Property 20 years, 8 months ago
Hi,
Flips and wraps and leasing options are all ok as Steve talks about it alot. But to get personal with others on the forum… I mean to say how much your charging for a flip and the details of that flip, it’s best to email that contact personally and send them that info – I wouldn’t do it on the forums. I guess this forum is to be used to ask…[Read more]
geo replied to the topic Why buy now? in the forum General Property 20 years, 8 months ago
your on the right track and you understand the concepts well – good on you
Kind Regards,
george.If You never never ask, you’ll never never know”
geo replied to the topic Finding CF+ve properties is proving difficult in the forum General Property 20 years, 8 months ago
it will cost time and money but you need to do it – that is call the agents up and ask them – the advantage to this is that you build up a good relationship with them
Kind Regards,
George.If You never never ask, you’ll never never know”
geo replied to the topic Started in the forum General Property 20 years, 8 months ago
Well done to your great investments
Advice you ask…your doing quite good yourself…but my advice is to KEEP THEM…find ways to get more money – do not sell
If You never never ask, you’ll never never know”
geo replied to the topic Q for westan in the forum General Property 20 years, 8 months ago
Man these forums can get hectic – just so many my brain is going into verload mode – that means switch off mode
If You never never ask, you’ll never never know”
geo replied to the topic purchasing in/through/for trust funds? in the forum General Property 20 years, 8 months ago
Hey Steve – love your signature – really great – “Knowledge is Power”
Hey Breakingout,
Best to set up not only a Company but to set up a Company Trust. The only real disadvantage from a partnership is the upfront costs of around $1,500 – $2,000 and that it gets taxed at a flat rate of %30. But the advantages are many as Steve said – especially…[Read more]
geo replied to the topic Government websites / research in the forum General Property 20 years, 8 months ago
hi,
I do have one on my other PC…it shows population and other status ( is that wht you’re after)- can’t get it right now though – make sure to email me and remind me – im usually a very forgetful guy – and then I’ll email it back to you in the next couple of days I hope.
Kind Regards,
George.If You never never ask, you’ll never never know”
geo replied to the topic Solicitors & receiving fees AFTER settlement in the forum General Property 20 years, 8 months ago
Be sympathetic with the solicitor and also show him your concern in regards to financing their bill. Best advice I can give is NEVER demand to be billed later. Tell them that you understand where their firm stands but that you would greatly appreciate it if you could pay after settlement. Also tell them that you’ll need their services greatly in…[Read more]
geo replied to the topic docklands-what is the best area to buy in the forum General Property 20 years, 8 months ago
BE CAREFUL!!!
units in the Docklands are way overpriced and with several more apartment blocks going up in the next two years – they are going to be way over supply – so be careful – your right – the best area is new quay in all of Docks – but they are expenseive and definetly do not return positive cashflow – you’ll have to sit on it for about…[Read more]
geo replied to the topic where is best to invest? in the forum General Property 20 years, 8 months ago
Hey Andy,
hhmmm…UK hey…
it seems you are looking for capital growth and not positive cashflow…a suggestion would be to purchase a block of land in a good area and build a holiday home on it…you can call agents and ask them about land – but from my researching, these are alot harder to let out than homes or units in the country…hence…[Read more]
geo replied to the topic Investing in NZ in the forum General Property 20 years, 8 months ago
hI again,
just another thought…
what most ppl do is open a Trust account in NZ separte from their investments in Australia – that way there is no additional taxes imposed on you by Australa. The one thing about the NZ government in regards to foreign investors is that it is very very hard – in fact, I believe impossible for you to obtain a…[Read more]
geo replied to the topic Investing in NZ in the forum General Property 20 years, 8 months ago
Hi
heres your answer…
there is NO Stamp Duty nor Capital gains Tax – isn’t that great…go ahead an invest there…[biggrin]there are some real good deals…i’m planning to head there myself in the next 3 weeks and try to secure a property.
Kind Regards,
George.“If You never never ask, you’ll never never know”
geo replied to the topic Steve Live Seminar in the forum Heads Up! 20 years, 8 months ago
Hi Yack and Mini,
you seem like legends – both of you – you argue with such passion that I love it – it shows your true zeal and inerest in property investing. I can only wish others had teh same idea (as in my parents) – there all hyped up about working hard in a ‘secure’ job…hehe.[thumbsdownanim
Yack – trust me – ask as many questions as…[Read more]
geo replied to the topic What the *%#@ in the forum General Property 20 years, 8 months ago
Hi Tridean,
I agree with Kay – ask him around again and ask him as many questions as you can possible. then read as many discussions on the issue as you can on this site and do a few searches on the topic. then finally make your own decisions to which best suits your lifestyle. However, from reading your issue. I strongly believe he is looking at…[Read more]
geo replied to the topic Steve Live Seminar in the forum Heads Up! 20 years, 8 months ago
sign up for the free newsletter – he mentions it in them and constantly check this site
on the left – go to Online Shop
take care
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