Hi Roy
not sure who us is?
I live in sydney,

I invest in sydney,

I develope units in sydney,

I hold in sydney,

The rule I use is invest in what you know.

Real estate is like a sign wave up and down.

If your looking at this as along term investment which it seems you are, look at Sydney it is one of the most expensive cities to live in or buy…[Read more]

hi all
pbt is (profit before tax)
and yes 20% in the norm for some,
macs is about 15% red rooster is 20%.
I can send a list if requested but not sure if you want all that info.
Couple of questions you need to ask not the pbt but your return on investment( when everything is taken out) and your involvement in that return.

setup costs and do you…[Read more]

The best question is how and were you want this investment to be in 5 years ( cash flow (positve ip), reduce your tax (negative ip)growth (usuanly negative but depending where can be neutral))
(leveraging using it as a spring board to other investments).

If you read my post to the guy staying at home and my sugestion to buy four houses and why,…[Read more]

when doing these tasks time is of the essence.
nip down to the local real estate tell them the questions and your out within 30 mins with all the answers.
They will probably give you a house as a reference and it’ll look better in your task.
hope you go well philip.
you may be the next mr gates
You never know I may look up one day in hospital and…[Read more]

depending where
rural should be in the region of 10 to 12%
city cbd(syd 5% bris 4% mel 5%) commcercial 7% to 12% cbd
your asking how long is a piece of string and it could be elastic
If you are evaluating an investment there are alot more to look at then the post code.
sorry to be hard but probably the reason no real estate has told you is because…[Read more]

Hi Jason
Not sure if this is your first business or not but i’ll take it is.

Have you tried the dvd company using there bank.
banks hate franchising and thats the profitable ones.

I don’t think you are going to open your mail box and get flooded with people wanting to get in to a dvd business so neither are they.

If your think it’ll work then…[Read more]

hi hippo
not sure about your accountant but I think you should register for gst either the hybrid or the company will get income in will do the maintenance and any thing over $50.00 carry’s gst.

They are very different things trusts and companies but not when it comes to gst.

You are moving in a very special area here and it need’s special…[Read more]

couple of question.
1.Was this a company, trust or individual person going to purchase.

If either company or trust as far as I know can claim as a business expense looking at purchasing a investment similar to expenses to view property for redevelopment.

2.Was any paperwork exchanged prior to this report ie deposit or option if so again this…[Read more]

I wander thru these board for small bits of information but this particular post has been very interesting to say the least.

I see two totally different views.

I must agree with one and that is if you ask for advice which you have.

Its given ( it doesn’t have to be).

You don’t have to accept whats been said put you should accept that persons…[Read more]

my two penny worth.
land of the long lost bed

here to help

I like your style dazzling and I think your on the right track but I also would stay at home(free rent or nearly free rent)

I’d buy something that will increase, a house.

Use as much equity in the old folks home as possible as long as you can cover the payments and tell them that once you can stand on your own two feet you’ll move.

Use the…[Read more]