Forum Replies Created

Viewing 20 posts - 701 through 720 (of 949 total)
  • Profile photo of god_of_moneygod_of_money
    Participant
    @god_of_money
    Join Date: 2008
    Post Count: 970

    Another spruiker for unsuspecting investor…
    cost $$$$$$ with very basic knowledge…

    Profile photo of god_of_moneygod_of_money
    Participant
    @god_of_money
    Join Date: 2008
    Post Count: 970

    and few pictures as well … :)

    Profile photo of god_of_moneygod_of_money
    Participant
    @god_of_money
    Join Date: 2008
    Post Count: 970

    just beware of spruikerssssss

    Profile photo of god_of_moneygod_of_money
    Participant
    @god_of_money
    Join Date: 2008
    Post Count: 970

    Well.. if you buy apartment.. then you don't have to pay land tax..
    I luv DFT because it saves by butt when my occupation being sued… :)

    I guess that it is wisely to spread between wife's name ( becareful of divorce settlement) and DFT.

    If you have only 1 DFT, you can use tax online or even simple tax agent to do it…unless you hold Hybrid trust… :)

    Profile photo of god_of_moneygod_of_money
    Participant
    @god_of_money
    Join Date: 2008
    Post Count: 970

    You can check daily 3 or 5 year interest rates at http://www.infochoice.com.au or ratecity.com.au

    Profile photo of god_of_moneygod_of_money
    Participant
    @god_of_money
    Join Date: 2008
    Post Count: 970

    aaabbbccc,

    Ask richard to set up one for you…
    I think for the 'non-complicated' investor.. DFT is a good trust structure to use

    " What will this negative gearing mean in terms of the family trust? "
    You can't distribute the negative income against your income… and it will trap in the trust, hence it will yield little benefit.

    The cost??? it depends.. who setup for you… you can get C&N who will charge you thousands dollars… and read tax ruling of hybrid trust before you set up one….

    http://www.Bantacs.com.au has lots of info….or ATO website for tax ruling

    Profile photo of god_of_moneygod_of_money
    Participant
    @god_of_money
    Join Date: 2008
    Post Count: 970

    I agree with richard… bankers are talking rubbish all the time… I still remember that they were talking about hitting double digits interest rates last year…

    Babcock and Brown is a dud stock from the start.. a lot of people will suffer from it… :)

    Profile photo of god_of_moneygod_of_money
    Participant
    @god_of_money
    Join Date: 2008
    Post Count: 970

    Would valuer be influenced by REA? NO
    They work for the bank and liable for the mistake if the valution is too high

    Get and independant valuer if you are so keen…

    Profile photo of god_of_moneygod_of_money
    Participant
    @god_of_money
    Join Date: 2008
    Post Count: 970

    Why you wan to buy something which is 'over value'?

    Don't listen to the real estate agent's valuation… it is very dodgy…

    It is not ridiculous.. it is the agent that keen to off-load the property

    Some of you might not agree that valuation by the bank is paramount…. 

    I WILL only buy the property based on bank's valuation….  

    Profile photo of god_of_moneygod_of_money
    Participant
    @god_of_money
    Join Date: 2008
    Post Count: 970

    RBA leaves rates on hold @ 3.25% today … such a relief !!!

    Profile photo of god_of_moneygod_of_money
    Participant
    @god_of_money
    Join Date: 2008
    Post Count: 970

    Jen, Good luck and enjoy your trip. Let us know what happen.

    Rudra, "… Basically they help people build wealth through investment properties… "  by creating your own grave of debts :)
    Look at Storm financial services…. they lost billions of dollars… including their own residential HOME.

    Profile photo of god_of_moneygod_of_money
    Participant
    @god_of_money
    Join Date: 2008
    Post Count: 970

    Still better than many spruikers that preying on the unsuspecting customers :)

    Profile photo of god_of_moneygod_of_money
    Participant
    @god_of_money
    Join Date: 2008
    Post Count: 970

    Does it cost anything to check with town planner? How to organise it?
    any idea?

    Profile photo of god_of_moneygod_of_money
    Participant
    @god_of_money
    Join Date: 2008
    Post Count: 970

    y0omama, State Custodians might not exist next year….
    look at GE money/Wizard etc…
    I still remember freshly that my previous mortgage broker always argued that  non-bank lender(s) is the BEST.. probably commision-driven ???
    Wisely, I choose bank lender…….. not just stupid advertisements from non-bank lenders…. proven track record is the most important…

    Just look at what happen to GE money/Wizard customers?????? look at the comments on http://www.lendingcentral.com.au

    Profile photo of god_of_moneygod_of_money
    Participant
    @god_of_money
    Join Date: 2008
    Post Count: 970

    I luv to hear from everyone comments again.
    Rudra….Have you heard about Storm Financial services recently??
    might be Premium finance is next ???

    Profile photo of god_of_moneygod_of_money
    Participant
    @god_of_money
    Join Date: 2008
    Post Count: 970

    I guess that the vendor just wants to test the market… walk away i.e. not serious

    Profile photo of god_of_moneygod_of_money
    Participant
    @god_of_money
    Join Date: 2008
    Post Count: 970

    Just  find another house….
    Seen plenty of properties across sydney that have been sitting on the market for > 1 year

    Profile photo of god_of_moneygod_of_money
    Participant
    @god_of_money
    Join Date: 2008
    Post Count: 970

    There is no harm to offer 'under'. in this current property climate, it is prudent to offer low figures… as possibility of falling equity price. Look at Wesfield and GPT… their share price got hammered…. they are blue chips holding many excellent properties across AUS and overseas. If their equities are overprice… I would probably go 'under' when bidding for property price. Too much inflated price…

    Profile photo of god_of_moneygod_of_money
    Participant
    @god_of_money
    Join Date: 2008
    Post Count: 970

    Very good account with 100% offset, bpay/atm facilities with no frills interest rates.
    Hasn't had any experience dealing with them… sure that is a catch?????
    DEF??

    Profile photo of god_of_moneygod_of_money
    Participant
    @god_of_money
    Join Date: 2008
    Post Count: 970

    The dragon offers 5.19% fixed for 3 years… very temptating !!!

Viewing 20 posts - 701 through 720 (of 949 total)