Hi All,

Just goes to show that you must check out your team before you engage them. I guess that there will allways be some horrors in all professions.

I have had two bad experiences with solicitors in Brisbane.could it be the hot climate up there!!!!

hrm

YES.

hrm

Hi

This is slightly off the track. I bought a franchise business 9 years ago.I did my due dillagance and was prepared to pay the asking price.

I sought advice from an accountant recommended by a friend.The accountant convinced me that I would be paying a bit too much ($25K) and he also pointed out some industry insights that I would have…[Read more]

Terry,

Very interesting reading.

Look forward to your reports from Bankok.

PS..Could you check out the price of a bar in Patpong please.

Sayonarah

hrm

Hi All,

For those who have been investing this way could you give some idea on how many weeks per year you collect rent (Uni students have many weeks off per year) and how do you manage this.

Thanks

hrm

Hi,

I would suggest talking to a few agents to see what demand there is for the various sizes.

hrm

Hi,

I would go the the local council and find out their requirements. If it all seem too difficult then employ someone.

hrm

Hi mgs2,

Great info, thanks.

Dazz,

Entertainment plus.

Water hugh !!!!!!!!

Another well engineered deal.

So by my calculations your $925K property bought in 04 could be worth $3.7 M in 15 years.WOW !!!!!

Hey mate your not serious about kicking your kids out when they are 18 ?

Gotta find some water!!![snorkle]

hrm

Kermit,

I did exactly what u are suggesting for my son and he got the FHOG.

Suggest u contact the FHOG office in your state

hrm

Great to see young folks wanting to learn how to get ahead financially.

My advice is:

Now that u have a full time job, save save save. U should be used to this having been a student for a few years.

Deposit your savings into a high yielding account.

Work out how long it will take to save the deposit required (possibly $20K _$30K for a entry…[Read more]

I use a PT unlisted with a very large company for our Super fund. Returns have been 9% paid quarterly for the last three years. Good return.

hrm

Hi Marty,

I would ring a few agents and enquire on rentals.
This will give you some idea on the no. of properties available, rents, how the PM treats their tennants etc.

Also, do a search on the various web sites for rentals in the area.

In regards to sacking your PM, I think u can do this at any time, but check with the NSW real estate…[Read more]

Not sure if it’s been mentioned yet.

Don’t have tennants in the property because:

The work will take alot longer.

Daily clean ups will take extra time.

Limited storage space for tradies tools and materials.

A lot of wasted time doing “temporary fixers” just to keep the tennants happy.[cap]

hrm

Use a colour consultant from one of the big suppliers i.e. Bristol in Melbourne (cost $75 plus discount off the paints)

hrm

Welcome 73,

I guess you’ll be a lot wiser this time.

I think you are on track with:

I am gathering as much info as I can (this time). I was after some feedback on the Vic markets, as we like the thought of the Geelong region.(We live close to this area) Is now a good time ? Are these types of propertys possible to find at present ?

Research,…[Read more]

Hi

I have several loans with Westpac and I have been with them for many years. I have a manager at Professional and EXecutive. When I have a deal I give him a call to get an indication.very quick. Also I have managed to get loans for my son who no douct would not have been given a loan due to his financial situation (at uni). Most loans are…[Read more]

On a capitol loss it stays as a carried forward on your tax return until offset against a gain.

hrm

Hi,

Have a look at Tell Tale under Forum Boards.

hrm

Hi’

In addition to the great advice already given I would suggest that if your partner is not your wife then perhaps you could get the FHOG !!!!

hrm

Hi PDB,

There many many that figured out that it’s less cost to rent versus buying.

You’ll have approx $250K with no CGT.Great to start a pos portfolio.

Of course u could use the equity in your PPOR if u didn’t sell.

I believe that u need to assess the situation of your home in terms of appreciation / depreciation
and the market of your target…[Read more]