hbbehrendorff replied to the topic Property now positive geared, is this good? in the forum Help Needed! 16 years ago
LOL, Id rather make money and pay tax, Then loose money and get a tax discount. lolPeople have some funny idea's sometimes.But seriously, Positive gearing is far better then anything else, Neg Gearing is just a con to make people purchase property they can't afford.
hbbehrendorff replied to the topic Where is the bottom in the forum General Property 16 years ago
That's what I have been thinking, Why does everyone one this forum seem to think that a 50% would be terrible ? For me it presents huge opportunity's Though I guess it will be bad for those people who are using equity and now have negative equity and those who have a bigger mortgage then what there house is worth.Lucky for me I don't have any d…
hbbehrendorff replied to the topic Hero or Zero in the forum General Property 16 years ago
"All our politicians are flying around the world but not dealing in our own back yard" But that's understandable, Remember he has all those important NWO meetings to attend.Has anyone ever thought that maybe they WANT everyone in debt and they WANT everyone to be a good little Broke Environmental Protection, Terrorist hating Nut ? The more stu…[Read more]
hbbehrendorff replied to the topic Investing + Reno during Recession in the forum Value Adding 16 years ago
Undervalued shares, Undervalued to what ? People think they are undervalued because we think there earnings are still high.Lets see what there earning are in 6-12 monthsThen lets see which way the stock market has gone..
hbbehrendorff replied to the topic The US Government will pay me $36,500 to rent out a property in the USA in the forum Overseas Deals 16 years ago
I would not trust the U.S government to pay you Jack, China is having there own economic problems, There own economic stimulus package.Once people stop buying the U.S T Bills they are bankrupt.You might as well invest in Zimbabwe Sorry, But I think its crazy to invest in other countries, Especially US and A
hbbehrendorff replied to the topic Investing + Reno during Recession in the forum Value Adding 16 years ago
People can only be told what they want to hear
hbbehrendorff replied to the topic What Financial Crisis? in the forum General Property 16 years ago
Also picture another Deflation scenario.Everything in price comes down say 50% within a year, Including wages…But your $350 000 home loan is still the same…
hbbehrendorff replied to the topic What Financial Crisis? in the forum General Property 16 years ago
Its a little more complicated then that, Of course people will be experiencing higher purchasing power at the moment, The employed people anyway.. But that will be short lived.Currently we are experiencing a lot of deflation, This is due to the stock market, People are pulling there money out left right and center and putting it into the bank…[Read more]
hbbehrendorff replied to the topic Sacking Staff in the forum Legal & Accounting 16 years ago
LOL and ppl for some reason have this deluded idea that Lord Rudd is some Pleb loving battlers fighter, lolhttp://www.news.com.au/business/story/0,27753,24709355-5012426,00.html
hbbehrendorff replied to the topic Perth/Australian house prices during great depression in the forum General Property 16 years ago
But I thought Lord Rudd Fixed the economy with his economy stimulus plan ?
hbbehrendorff replied to the topic melbourne agreement 1930’s in the forum General Property 16 years ago
OK, lying is goodCan you please explain to me how going into grave debt is good for the economy and how it will fix everything ?America is in debt over 10 trillion and that does not seem to be solving all there problems….Maybe we just need to increase the debt to 100 trillion to fix our economy, That would be cool, Then we can continue on w…[Read more]
hbbehrendorff replied to the topic melbourne agreement 1930’s in the forum General Property 16 years ago
Yes, the same people who own the Reserve Bank Australia.. Now Kevin Rudd has announced that he infact is a liar and will not have any surplus in his budgets, Which if I recall was one of his Top points on his policy documents if he won the election, Even a few days ago he said there was no way he would go into deficit.Just shows you what Evil I…[Read more]
hbbehrendorff replied to the topic need to be well informed about property investment in the forum Help Needed! 16 years ago
Don't feel like you have or are missing out. There is always other good opportunity's around the corner, And there will be many many awesome ones coming in the near distant future.Let everyone laugh at you and call you stupid while they tell you that your missing out because a recovery and a boom is coming next year or the year after that, Th…[Read more]
hbbehrendorff replied to the topic Developer panics as FEAR sets in in the forum General Property 16 years, 1 month ago
Properties like that always have a catch, I don't know if that has a body corporate so that could be a possibility, Also rates in that area could be a million dollars a year.You start doing your research and find out the bits and pieces and it always seems that its not so golden as it first seemed.Also its possible that the $650 is a t…[Read more]
hbbehrendorff replied to the topic Interest Rates – How Low Will They Go??? in the forum General Property 16 years, 1 month ago
You need to see the big picture, Interest rates should be going up to curve in spending and borrowing, Not being lowered to try and inflate the bubble some more, The lowered interest rates will have some very negative impacts for AustraliansMassive inflation next year, Devalue of the dollar which will bring higher prices for many things suc…[Read more]
hbbehrendorff replied to the topic need to be well informed about property investment in the forum Help Needed! 16 years, 1 month ago
Ok, you can call me a pessimist like everyone else does and laugh at me, But i will be the one laughing in 2 years time.No job is secure, My great grandfather gave a job on his farm to a judge during the great depression, My family where that poor during the depression that they where forever changed for the rest of there life, They neve…[Read more]
hbbehrendorff replied to the topic Any one good with Math in the forum Help Needed! 16 years, 1 month ago
oops sorry, I didnt read the company part, Also I forgot to mention is that costs like stamp duties, Newspaper adds, Agency Fees and even if you have payed any Land Tax all take into affect the amout of capital gains tax you pay.Really I think Capital Gains is wrong, So is paying tax on your so called "Profits" from collecting interest in a…[Read more]
hbbehrendorff replied to the topic Developer panics as FEAR sets in in the forum General Property 16 years, 1 month ago
The bubble was inflated so much that now we have to suffer through a depression, The question is how bad of a Depression ? Unfortunately it will Probably be worse then the great depression. There is 0% chance we will knock this one over the head with just a simple recession like we had in the 90'sThe bad thing is there won't be any such thing a…[Read more]
hbbehrendorff replied to the topic Any one good with Math in the forum Help Needed! 16 years, 1 month ago
Its a little more complicated then that, I would talk to an accountant or Lawyer to get a proper estimate but it works off your Income, So if you have earned 50k for the year which is the average wage then you would be up for around $24,000 the rough formula for CG is: CG = marginal tax rate x half capital gain
hbbehrendorff replied to the topic need to be well informed about property investment in the forum Help Needed! 16 years, 1 month ago
I think now is the wrong time to act bold. How long can you balance a pencil on your nose ? From what you said there is to many things that could go wrong and 1.7mil is a huge financial burden to pay. Weekly repayments will be around $2,736 that means you will be paying $547 a week for the mortgageThen there is many other expenses and &qu…[Read more]
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