god_of_money replied to the topic Interest Rates Increase in the forum Finance 14 years, 9 months ago
keiko… the problem is where to get such an easy moneyif the big banks cannot source the money from overseas.. how could you get it then???
god_of_money replied to the topic Sourcing Properties in the forum Help Needed! 14 years, 9 months ago
Sonyasal,How do you so confident buying property without seeing it first?I do understand you have done your due dilligence (research, pest/building, google earth etc)But I am still to afraid to do it
god_of_money replied to the topic First PPOR in NSW, made a verbal offer in the forum Help Needed! 14 years, 9 months ago
Why not get Richard to do it for you…. and set it up properly
god_of_money replied to the topic Unable to get a tenant in the forum Excellent… 14 years, 9 months ago
Excellent…
god_of_money replied to the topic Feedback on Maurice Finanical Service in the forum Creative Investing 14 years, 9 months ago
Woo.. UK/USA in aussie postings……want to do legitimate 'BUSINESS'????suddenly double the amount of properties in 2 days???
god_of_money replied to the topic First PPOR in NSW, made a verbal offer in the forum You can put as minimum as 14 years, 9 months ago
You can put as minimum as you wantgenerally 0.25% for the agent to remove it from the listing… under offer!!!but you can try A$1 dollar
god_of_money replied to the topic Feedback on Maurice Finanical Service in the forum Creative Investing 14 years, 9 months ago
" I have 35 properties …"you must be a joke of the century…kevinpenn..spruiker!!! spammer!!!
god_of_money replied to the topic Feedback on Maurice Finanical Service in the forum Creative Investing 14 years, 9 months ago
708-328-4501 – Office847-445-1547 – Direct847-589-0706 – FaxWooo… what are these numbers…. alien with adress @ moon?
god_of_money replied to the topic Newbi needing advice on Newcastle in the forum Help Needed! 14 years, 9 months ago
I have an IP at newcastle.. and certainly doing well in terms of rental return.Suggest to buy around John Hunter Hospital with good access of transport (poor transport in Newcastle)or around Uni of Newcastle.. doing well currentlyNewcastle CBD is not really a good option.. most activities happen outside the CBDHamilton… a nice spot as…[Read more]
god_of_money replied to the topic Negatives of Positive Gearing in the forum Help Needed! 14 years, 9 months ago
You can always ask them to sign 1 year contract… just avoid dec/jan… usually rent it out in feb/march for 1 year contract.I hate to say that.. avoid student accomodation at all cost… Unilodge in Sydney can have yied 8-9%.. but dodgy IP with minimal or no capital growth
god_of_money replied to the topic Feedback on Maurice Finanical Service in the forum Creative Investing 14 years, 9 months ago
Transfer the money through the money gram???very curiouss… that is the last thing I want to doWhy people would like to lend you hundred thousands dollars withouth securityby just giving them 1000-2000 dollars only???I guess that because of GFC… spruikers are everywhere to target the most vulnerable yet sophiscated investors
god_of_money replied to the topic Finance for block of 3-4 units in the forum Thanks for your input 14 years, 9 months ago
Thanks for your input tracey.But….. is the lending rate at resi or commercial or semi-commercial/resi rates?I was being told it is almost impossible to get resi rates if more than 3-4 units through the big 4?They have recently changed the lending policy??
god_of_money replied to the topic PPOR to IP – claiming new A/C and dishwasher in the forum Help Needed! 14 years, 9 months ago
or write your own receipts and dollars
god_of_money replied to the topic Securely leased serviced apartments… anyone owns one? in the forum Help Needed! 14 years, 9 months ago
Just do search in this websiteyou will find heaps of information
god_of_money replied to the topic TRANSFER OF PROPERTY TO A COMPANY/TRUST in the forum Legal & Accounting 14 years, 9 months ago
I think you can transfer your PPOR free of CGT to DFT ??check with your accountantbut still incur stamp duty
god_of_money replied to the topic Unit on a strata title in the forum Help Needed! 14 years, 9 months ago
R12??
god_of_money replied to the topic How much should a residential property valuation cost? in the forum Help Needed! 14 years, 9 months ago
Richard/TerryCan you get the hard copy of the valuation?I know quite often you only being told about the valuation price
god_of_money replied to the topic Seek advice on buying poor condition property in the forum Help Needed! 14 years, 9 months ago
I would negotiate further the price knowing the car port is in poor condition.Suprisingly, you are brave enough to write your own contract without showing it to solicitor..
god_of_money replied to the topic Risky to buy properties in your name? in the forum Legal & Accounting 14 years, 9 months ago
Yes.. I agreethe accountant is an idiot!!!Setup your structure property before embarking in IP investmentTalk to people who have done it… not accountant who does not even have 1 IP yetyunless you want to buy highly negative geared property forever…but with the low income, I can't see any benefit of negatively geared for tax benefit
god_of_money replied to the topic Selling an IP to a family member in the forum Legal & Accounting 14 years, 9 months ago
As long as you can answer the ATO when audited, you can sell it for 'symbolic' A$1.00
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