Total Members: 159,074

Hurricane

  • Hurricane replied to the topic Investor Club in Melbourne in the forum Creative Investing 20 years, 4 months ago

    Hi all

    Have to say that I aggree with Felicity and Greg re who comes.

    Count me in for the 18th. Re venue, I am fine with Sth Melbourne, but please consider that there are a number of Wrappers travelling from the hills or far outer east. Although I lived the closest to the last lunch I was the latest to arrive Hmmmm…. Anyway unless there are no…[Read more]

  • Hurricane replied to the topic When do you get the electricity connected?? in the forum Creative Investing 20 years, 5 months ago

    Hi Lozza

    Long time no speak, I guess this all means you Wrapped it! Congratulations[biggrin]

    Re the utilities connections, that is their responsibility, however if your purchaser intends to utilise the FHOG, part of the application for it requires a letter or notice of connection from the electricity company for eg which implies your purchaser’s…[Read more]

  • Hurricane replied to the topic Those doing or thinking of renos…….. in the forum No Subject 21 years, 5 months ago

    Yeh go for it

    I reno’ed this and my last PPOR. If your prepared to learn, and ask lots of questions, it can be a very rewarding experience.

    Eg Polishing the Floor boards. I remember getting a quote once, and thought you are kidding!

    Anyway, I asked lots of questions and found many answers, and saved a bundle by doing it myself.

    Another…[Read more]

  • Hurricane replied to the topic Kiyosaki says Negative Gearing is no no? in the forum The Treasure Chest 21 years, 5 months ago

    Mmmmmm

    Imagine if the govt did pull the pin on Negative gearing! Many investors would get out of property, and those that remained would increase rents etc.

    What would become of the housing market, and particularly those people who rely on rental accomodation?

    I think that the govt who did this (if) would certainly be an unpopular one. After…[Read more]

  • Hurricane replied to the topic Councils and Plans in the forum The Treasure Chest 21 years, 5 months ago

    I am with you Leigh

    I would love to hear what others have experienced when going thru the motions of getting plans/permits for subdivision etc.

    One questions I do have is, what if a neighbour objects to having another unit or two built nxt door? What legitamate grounds could a neighbour use to opose any such development?

    P.S what about that…[Read more]

  • Hurricane replied to the topic Family trusts in the forum The Treasure Chest 21 years, 5 months ago

    Anthony

    Preparing this sort of a structure enables you to control your assets without necessarily owning them thus giving you optimal asset protection , and also assits you in paying the lowest amount of tax[}:)] legally possible.

    Hope this helps

    Ray

  • Hurricane replied to the topic Wealth Guardian – it’s HERE!!! in the forum The Treasure Chest 21 years, 7 months ago

    Hi Quentin

    What is the best structure???

    I guess this all depends on where you want to go with Property investing, and whether the cost/s associated with establishing any one of the structures is justified against what you expect to make out of it.

    One thing which is highly recommended in wealth guardian, is to set up your preferred structure…[Read more]

  • Hurricane replied to the topic Wrap speed in the forum The Treasure Chest 21 years, 7 months ago

    Thanks guys for your comments[:D]

    I still have one question that I would like to throw out to you serious WRAPPERS out there.

    On average, how many property deals have you been able to do each month?

    I appreciate that this question is like “how long is a piece of string”, and that the answer could be ‘as many as you had the time and resources…[Read more]

  • Hurricane replied to the topic house or buyer in the forum No Subject 21 years, 7 months ago

    Hi Robert

    Thankyou for raising this question as it is something I have been curious about also.

    Do you put in an add, and develop a database if you like of potential wrappees?

    Or put in an add, after you find the house and hope there are takers?

  • Hurricane replied to the topic Dont’ you just love Capital Gains Tax! in the forum No Subject 21 years, 7 months ago

    Thankyou all for your comments, I really do hope it won’t be as bad as I thought it would be. Incidently, we lived in the house for 8 years before renting it out.

    Thanks again

Hurricane

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