Thanks Again everyone.

I think best crossing few things – low establishment fee, good rates, less mortage insurance, flexibility (redraw, discharge – because you donot know when it is raining in your life). Wizard seems very good? does anyone agree?

Thanks Everyone,

I got $330k from ANZ with two houses worth $520k. ANZ only do low doc at 60%. Therefore compare with 80% (other banks), I locked $86k – which I could use for renovating or buying. I also got another loan from CBA of $330k with two properties worth $600k (one house is under construction). — you can see I got some equity locked…[Read more]

Dmichie, I am normally pretty negative on the market. But I found you are addicted to this. It make me feel sick of you. Why can not you use the negative to bring up some good points such as how to make money in a down market rather than just bring up the articule you saw – some maybe rubbish. We need use the reality to our benefit – people want…[Read more]

Totally agree with Marisa – all these people are boasting these good seminars. I am not sure how many of them are using these “strategies”… talking is free…doing is a risk…

I am not sure what Dazlling wanted to point out. Is it good to live on equity or live on cash. He mentioned if he did not sell the lots, it would be worth $4m (is it same idea like you withdraw equity but keep the lots?).

Please read this from today’s paper

Perth property prices on the way up again -16 May 2005

KELLY GIRDLESTONE

Perth’s property market has entered its second growth cycle, skipping the traditional downturn to post stronger than expected March quarter results.

While NSW, Queensland and Victoria are struggling to achieve positive growth in…[Read more]

Investment property for sale. $250k Quinns Rocks in Perth. 40km to Perth CBD. 5 minutes drive to Beach. walk to school and bus. In front of a park. 3 Beds 2 Baths built in 1996. Light bricks. Double carports with more parking. Excellent investment opp

I do not how many leads from your advertising your website and your title. Obviously, when those not experenced people on this forum is influenced by you and other “positive” comments to buy an get burnt, you will say “poor” guys with no experience … you are “hahaha…” I also knew an investor following some kinds of advice and signed contract…[Read more]

I fully agree with the last messages starting from Mike Jackson. If they are that good, they would not do the seminars for $1000+. What a good cash flow? Assuming 100 people on a $3000 (3 days) seminar – $300 000. What other investment (? property) is better than three day talking. I do not dely they may have few small things people do not…[Read more]

I am not sure the legality of the process. Firstly, dobule stamp duty if you do it according to the law. If you want to avoid the law, you can make any money you like such as not paying CGT. I do not know any lawyer would do such thing for you. I have also some questions about the examples in Steve’s book if you take into account the full tax or…[Read more]

Rerow, You definately have to pay the 50% CGT as it was an example quoted in BRW sometime this year.