Hi Arborphile,

In support of the several suggestions of reading Steve’s book I would also suggest reading other books to get other successful peoples ideas.

Just read “How you could build a $10 Million property portfolio in just 10 years” by Peter Spann, costs $28 and it’s easy entertaining reading.

hrm

Thanks FW and Jaffasoft.

Jaffasoft this site is for the Howard handout, I was refering to the Victorian State Grant.but thanks anyway.

And FW go labour………………..

Seriously does anyone have knowlegde on whether the State Gov will extend this program.

Thanks again.

hrm

Hi Rylu,

Yes I have one commercial. I have been in small business (franchise) for a number of years and five years back I opened another branch at Mornington Vic. We rented the best located property in the area and after being there for 6 months tha owners put it on the market for sale. We were shocked as we were advised that they had no…[Read more]

I have several properties either interstate or across town.

I find that a good PM makes life more enjoyable at a cost, which i believe is worth it. They are specialists in their field. If they don,t perform I find a better one. I wouldn.t do my tax return although I am reasonbly confident in doing one reasonably correct.

I get my PM to pay…[Read more]

Hi,

I’m no accountant but here are a few thoughts that may assist you:

a.Keep the loan of your PPOR (the property y plan to settle in Sep)as low as possible as repaymnets will be in after tax $.

b. Delay settlement if possible to give more time to sell the current property.

c. Discount the price of the current property for a quick sale / quick…[Read more]

Terry & Simon,

Many thanks Guys. Your comments and advice confirm my thoughts.

Regards,

Herb

hrm

Hi I.m new to this forum and would like to share my experience with developing (1x 2 & 2×3). I bought a rundown old house on a good corner block of approx 730 sq m in an outer Melbourne suburb about a year ago.I bought it with the view of developing it but was guessing thaT i would be able to get council approval. I bought at auction and during…[Read more]