Henry Adams replied to the topic List of Property Spruikers in the forum General Property 11 years ago
Ah I see, because previously I have been conned by JDL strategies and also almost got caught up again with the Custodians Wealth Builder.
I guess you are right guys when it comes to the free property then there is high chance that they are the scammers if they are all in one company offering one stop shop investment solution.Henry Adams replied to the topic List of Property Spruikers in the forum General Property 11 years ago
Ah cool.
Because when I go to the SCAM watch page, I couldn't find anything http://www.scamwatch.gov.au/content/index.phtml/tag/InvestmentSeminarsRealEstateScams
Henry Adams replied to the topic Who’s research do you believe? in the forum General Property 11 years ago
What about using RPData ?
usually I go to the website http://www.onthehouse.com.au/ to know the rough figure and then do physical inspection of the property before making any further steps.
Henry Adams replied to the topic Destiny in the forum General Property 11 years ago
Thank you for sharing it here Fox.
I also bit skeptical when it is coming to a property investor service to get something out of the state. Especially when it is negative geared component.Henry Adams replied to the topic Renting out separate rooms in the forum Creative Investing 11 years ago
Exactly, so in this case just use Cash-In-Hand technique, untraceable by ATO and well proven method for majority of the land lord in overcrowded Sydney CBD apartment complex.
Henry Adams replied to the topic jdl strategies in the forum General Property 12 years, 4 months ago
Portfolio PI wrote:
unless you are going to live in the property you do not get any first home buyers grants or stamp duty concessions/rebates in QLD. you would only be eligible for the $10,000 building grant if you purchased a brand new home.it sounds like they have tried to sell you an overpriced unit and when you’ve questioned it they have…[Read more]
Henry Adams replied to the topic Put extra $ into PPOR or IP? in the forum Help Needed! 12 years, 9 months ago
Jamie M wrote:
booge wrote:
As far as IO goes, at what stage do you pay down the principle? Or is it just left IO until you sell it? Always wondered what people did and why in this situation.As Richard mentioned above your post – you roll it over into another IO term.CheersJamie
So the IO loan has other name called Revolving line of credit ?
Henry Adams replied to the topic Put extra $ into PPOR or IP? in the forum Qlds007 wrote:
Reduce the 12 years, 9 months agoQlds007 wrote:
Reduce the repayment by switching to interest only.CheersYours in FinanceHi Qlds007, by using IO loan for the PPOR, does that means we need to refinance it every 3 years or so when the IO promotion period ends ?
Henry Adams replied to the topic Cheap investment Unilodge studio caveats ? in the forum Help Needed! 12 years, 9 months ago
Hi Catalyst,
Many thanks for the suggestion and advice.
you are right it is too small and it doesn’t feels right.Henry Adams replied to the topic Clarification of some negative gearing principles in the forum Finance 12 years, 11 months ago
Ah, no wonder my loan is somehow reverts back to the PI after the end of terms by default.
Thanks Terry
Henry Adams replied to the topic Adding income protection on top of your loan ? in the forum Finance 12 years, 11 months ago
on second thought, yes you’re right Terry, it will attracts interest for the monthly payment for my existing IP monthly payment.
You saved my $5400 this timeSo I’ll be hunting around in the following…[Read more]
Henry Adams replied to the topic Adding income protection on top of your loan ? in the forum Finance 12 years, 11 months ago
Wow, thanks Terry for the fast reply, it only covers $4000 limit per month with no more than 6 benefits payments per claim within 12 month period.
Henry Adams replied to the topic Clarification of some negative gearing principles in the forum Finance 12 years, 11 months ago
OK, so by having the IO loan, does that means we also need to refinance it every 5 years for the better deal or just renew it again for another 5 years ?
Henry Adams replied to the topic Can Anyone Help Me With An Equation in the forum General Property 12 years, 11 months ago
try this link mate: http://www.bantacs.com.au/tools.php
Henry Adams replied to the topic Agency fee / commission included in the loan or pay cash ? in the forum Creative Investing 13 years, 1 month ago
Gordie,
Yes you are right mate, somehow the $880 is the only price that i lost so far for the lifetime registration fee.
They are only specializing in building new house in QLD area especially COOMERA. They didn’t tell me about this before until I realized that it was too late.Henry Adams replied to the topic Should I set up a family trust in the forum Legal & Accounting 13 years, 1 month ago
Ashley C wrote:
Hi Henry, be very careful of that sort of strategy. The ATO certainly does not like this sort of thing and have even published a "taxpayer alert" on one such scheme.http://law.ato.gov.au/atolaw/view.htm?docid=TPA/TA20011/NAT/ATO/00001The other factor to consider is that if using a trust to purchase a ppor then the CGT main…[Read more]Henry Adams replied to the topic Should I set up a family trust in the forum Legal & Accounting 13 years, 1 month ago
Terry, thanks for the advice that was just the advice from the seminar that I’ve attend.
It seems that it is possible but with strict ruling.Henry Adams replied to the topic Should I set up a family trust in the forum Legal & Accounting 13 years, 1 month ago
I’ve heard this strategy before in a seminar which said that the Cashflow from some of the IP can be pooled into Trust and then we buy the dream home with Trust account and then one of the Trust member “rent” the Dream home so that it can be tax deductible
Henry Adams replied to the topic Double dip “W” – Recession (the pessimists will love this !) in the forum Heads Up! 13 years, 1 month ago
yes it is sounds depressing already guys…
after reading this news in the News:
http://theage.domain.com.au/home-investor-centre/beware-of-the-false-profit-trap-20110909-1k0ek.html
it seems that the future of the property market next year is not looking good.
Henry Adams replied to the topic How does Interest only loan gets paid off ? in the forum Finance 13 years, 1 month ago
Cool,
thanks Michael for the explanation, I appreciate it.
Cheers,
Henry
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