Forum Replies Created
hi flash
thanks for the reply
but it was my fault i’m on a couple of boards and got the link from somersoft here it is if you want to use it.
http://www.propsmart.comhere to help
If you want to get involved in some of the projects I’m involved in email to [email protected]hi KRUPTA
interested in what you decided and how you went with this site and how is its growth.here to help
If you want to get involved in some of the projects I’m involved in email to [email protected]hi zap
not sure of your rational for 2 houses instead of 3 as the more the higher profit as I see it but you will need to check your figures very well to see which to go for.
your are in a bull market over there so its very important to hit the market at the right time as when and it will the steam comes out of the market and its still got some to run, the pricing will come back to its normal levels.
build times are the main problem in the wa area around perth and have extended out past what I would class as reasonable.so be carefull having said that yes price of materials have gone up and will keep going up they never fall so my advice if your figures are correct start build
2 months ago as 2 months from now the prices will have gone up again.
the chinese and african markets are not worried about our material costs ( as they swallow or products)nor are billiton or rio as they sell them and you wouldn’t be in the heated market if they never bought them its round about we mice play.here to help
If you want to get involved in some of the projects I’m involved in email to [email protected]hi flash
will have a look but nope
the one i was looking at had say for boston all the sites they had, with a pin icon with a smiley face and if you clicked the pin all the info on tht property popped up some one must know it will keep looking.
thank anywayhere to help
If you want to get involved in some of the projects I’m involved in email to [email protected]hi noysee
had a look at it but I’m not going due too the fact that i think that there alot of other areas that you could look at I have had a look at boston but only because I was told to do so from an investor and not going there either.
as I see Australia and the pacific as a lot more interesting and I wouldn’t shell out 18K unless I had research the market myself before going and I haven’t, so let us know if you go and was it worth it.here to help
If you want to get involved in some of the projects I’m involved in email to [email protected]hi leewizza
from your post your in melbourne so not alot of use to me but my recommendation is
use your equity, high income
partner with some one like metropol( melb) ( he’s one down there that come to moind but there is lots)in a development if you post him you will get in one and get a unit or two at the end of the development
and leverage of that
you wont need equity but high income or stable income is required by some developers for bank reasons.
look out side the square and you will find how to pay off your house.here to help
If you want to get involved in some of the projects I’m involved in email to [email protected]Hi all not sure if my info is correct but eire which is southern ireland is currently or is going to be very shortly a tax haven. so maybe thats where there money comes from and is how it is either the highest or next to the highest growth country in europe it out performed all other counrties in capital growth in exports and GDP. so much for the luck of the irish. mayo castlebar is the best place to go here to help
[Edited, sprucing advertising in not permitted.]
hi GBv.G
for me its not a ethical question its a business question and its simple its the devil you know a good tennant it gold and yes they may pay alitle less but it beat
1. waiting for another good tennant or
2. getting a bad tennant that trashes the joint and you have to repair.
we are still chasing a real estate that put his brother in law in a resi unit and got rid of a good tennant the guy left with 6 months rent oweda swe couldn’t get him out and new kitchen new bath room and new carpet as a leave present he pulled everything off the walls and then turned on the water. and no we are not using the real estate for anything any longer
so my answer is if they pay there rent on time and look after the building and I have a couple of those ( I have one that paints the building with the original paint each year him self at no cost) they are easily worth the money and the hassle.here to help
If you want to get involved in some of the projects I’m involved in email to [email protected]hi The Wild One
simple answer is yes.
as you would adjust your strucure to accomodate any change and if your structure is flexable to adjust
the answer will still be yes.
the only thing that may change my mind is if an alien is stood behind me with a light gun at my head and if you see a post that grossrealisation has stopped investing then call for men in black to kill him as I would propably be already dead.here to help
If you want to get involved in some of the projects I’m involved in email to [email protected]hi clones
also there is no mention what type of loans they were
I would like to see the mix and would be very surprised if it wasn’t top heavy in the low doc, no doc area.
these types of loans have been pushed by everyone that can get his hand on a broker manual and unlike normal lending the poor duck that hasn’t got a clue signs up on a no doc loan for a house they can’t hold, thats not an issue for the market thats an issue for the lender,
some lenders are down to less then 10% of loans going thru are full doc lends.
you can get low doc and no doc development loans now and I’m talking over 2 mil and the checks on these types of lends are next to not there.
I waiting for the today tonight head line westpac or anz liquidated and took before the court jack the cat as its owner put it as lender on a 2 mil development site.
sorry put to pin an arguement on that type of article is a little thin as I think in any market you are going to get sharks(and heres one calling the kettle black) but there are shark that have put people in loans that they should never have been in and lots of them.
that doesn’t mean the property they bought is over valued they could have put them in a ferrari instead of a getz but that doesn’t mean that ferrari are over valued or ferrari pricing should come down.
a little more reading into the article (and maybe I can see it alittle bit better ) and alittle more understanding of not only the movements with the real estate market but the movements within the lending arena will give you a little more understanding why these problems happen.
it is relatively simple for a ppor if you can’t get the loan as a full doc and get it thru relatively easy, take a very long and hard look at, can you afford it and if the answer is no !
then theres not alot of point going for a nodoc, when you will get the loan and you become one of those people in the article.
that my 002 I am a qualified broker but don’t broker outside my own deals and I don’t recommend low doc, no doc deals unless you are using them for business which is a totally different ball gamehere to help
If you want to get involved in some of the projects I’m involved in email to [email protected]hi clones
I take it that you won’t be developing units in Sydney or melbourne in the near future even if the development and land cost,make them posi once complete.
as you are aware markets move up and down all the time put you need to project ahead what is your projection for interest rate in say 18 months from today as that what we have to guess.
I reckon 8% or below lets do a bit of crystal balling.here to help
If you want to get involved in some of the projects I’m involved in email to [email protected]hi clones
I take it that you won’t be developing units in Sydney or melbourne in the near future even if the development and land cost,make them posi once complete.
as you are aware markets move up and down all the time put you need to project ahead what is your projection for interest rate in say 18 months from today as that what we have to guess.
I reckon 8% or below lets do a bit of crystal balling.here to help
If you want to get involved in some of the projects I’m involved in email to [email protected]hi yorker
how did this gohere to help
If you want to get involved in some of the projects I’m involved in email to [email protected]hi troynbec
sorry but i’m interested in what your account has recommended, I don’t need all your details he does.
I agree with cata and very sorry but strongly disagree with AmandaBS, for one simple reason a structure can start very small but if the setup is wrong from the start especially if you buy in your own name can be very hard or costly latter on.
I will give you a couple of responses to cata post and by the way i have never met cata but here the response.
1.Discretionary or Hybrid
my first was Discretionary ( but a familty trust which is slightly different).
2.Directors? I would chose only one of you, the person who will be the risk taker, seen as doing all the dealings.thats me and the dear wife is not a director of the companies.
3.Beneficiaries? Both of you and anyone else that you want. You do not have to direct any monies to them. Make sure that you can change beneficiaries without having to resettle the trust
all the family and I can add members if required.
4.PPOR? NOT in a trust, as you will loose the CGT exemption. Some options are transfering into the risk averter’s name( not the company director) . Or secure it using another option.in the wife’s name currently and has been for along time and not in any of the trusts nor is leverage to any loan.
so that not bad for a start.
next
margin scheme is only used for developing and is for gst and unless you are doing developing its nt applicable but your account can organise.
I will leave the next answers when i see the question and would like you to post without all the nitty gritty what the account has recommended.
by the way the above is only the core of the structure there is alot more work then the above that neeeds to be done.
but its a start.here to help
If you want to get involved in some of the projects I’m involved in email to [email protected]hi DLPP
I wasn’t just looking at the main countries but it interesting that you mention coup as last time i was in fiji I was having a berr with a very unhappy elerly gentalman after the rambuka coup and after a couple of beers and a long chat it was the president he just kicked out, (in the islands they are very freindly)he was laughing by the end that I was not worried and I said you always need trade and you need traders to come in coup come and they go its apart of island life you won’t find any business that has lost its business( apart from timor but that indonesia problems) because of a coup.
I interested hows investing in crown and freehold land there are alot of crown land deals that are very profitablehere to help
If you want to get involved in some of the projects I’m involved in email to [email protected]hi ttman
not sure about flog his product because to flog a product to a customer, the customer would need or be in want of that product of which I am neither.
I like the post and would agree and have voiced my opinion on this matter on a couple of posts.for that matter I don’t mind flogging products and as I’m in business thats what happens very day but it would be nice for the people like me that have no interest in these seminars or products to have the ability to not have them appear evey time we turn on.
there was a post from admin with regard to the new format and I did again post the same request.here to help
If you want to get involved in some of the projects I’m involved in email to [email protected]hi foundation
I not one for sitting on the fence but with seminars it very difficult to judge without seeing hte information.
no I haven’t seen losses of 1000 a day but I have seen gains of 1000 aday and not just the seminar hosters.
it depends if your are willing to pay someone to educate you and are they qualified ( and what qualification is required in your mind for this job) to do this alot I have seen I’m not sure they are.
3k is half the first part of a degree at maquarie uni in accounting (6 months) and are you going to get this level of training
not sure
if you don’t know What your doing then losing 3 k is not a great deal as you will buy a 450k property in your own name and sell it 8 months later at a loss and be down the tube for alot more.
the main thing is learn what your doing and you must become an expert in that field for me I would go into seminars the same way as I would an investment and as you would look at a house with white ants
the same with a seminar with white ants except these white ants eat into your pocket and eat money not woodhere to help
If you want to get involved in some of the projects I’m involved in email to [email protected]hi sweet
I agree with suzieq and thats why its a good start usually your first venture in anything is a loss as its classed as training you can pay out 10k on some training seminar or buy a property and learn from it while your doing it.
run your fundimantals on what you would do for a first investment and then buy it in your weipa, kalgowlie, mt isa of this world.here to help
If you want to get involved in some of the projects I’m involved in email to [email protected]hi shaunwalker
sorry to say this but that business.
been down that track a couple of times and you learn to put procedures in place to not let it happen again.
Mine was 3 mil company with order for 500k to fiji company my then partner in the business decided to sell company and the 500k equipment as they were finished and take the deposit from the fiji customer ,while I was in fiji finalising trades to install.
when I got back met the liquidator as he put the company in volountary liquidation leaving me with the can. and he flow out.
Idid a deal with the liquidator restarted the company and sold to one of the emplyees.
last one start with a group of investors a chain of stores organised a ceo of the company who decided that the 350k in the account to0 start it would be better off in his pocket so he took it and hasn’t been seen since he also took about 3mil of other people money on the side and has 2 russans and a very unhappy scotsman after him so will find him on some news report soon
I think.
but these are the ways of business and you file to tax and look for the next venture.
I don’t know of any business person that hasn’t been ripped off or liquidated a company and usually those who have, get up and start again don’t make the same mistake again and become stronger for it.
By the way the fiji company even thou I don’t trade there any longer( but have been given trade reference for fiji, new cal, vanuatu, and alot of the islands for investing) still send me cards at christmas and are very thankfull that I didn’t do what most would have done and walked away from the deal and gone legal, the islands like you to keep to your word and at the end of the day thats all business is.
its not products it relationships that sells products thats important.
never look back always look forward in business.
learn from what has been done and try not to do the same again and for those that say you shouldn’t do it,
take down the date and time and when you have done it 1 to 2years
send them a card and get it delivered at the same time and the same day.
with ring me re where I am now compared to where you are.have fun as thats what business is.
if your not happy working in what your doing.
go and find something you are happy in.
chinese say your along time dead.
hope this year does a j curve for youhere to help
If you want to get involved in some of the projects I’m involved in email to [email protected]hi hb
I missed the avoid tax bit.
maybe a tax haven is what was the question about there are a couple of those on this planet.
and you can carry everything with them just as long as you don’t mind being audited by the ato every so often.here to help
If you want to get involved in some of the projects I’m involved in email to [email protected]
