Awesome thanks for the advice guys.

I used Washington Brown recently to do all my dep schedules, they were very efficient and friendly. Catalyst is right they knocked me back on two of my properties as they were not worth doing.

They did mention however if I was to renovate it was worth doing a dep schedule before and after as they can write down the scrapping of items and then…[Read more]

Hi all & MikalHoward,

I'm not saying you're lying and I don't mean to offend, I didn't register interest via the web site so I did not see the increase in price, I only read the price on https://www.propertyinvesting.com/course# which may have to update to avoid confusion.

The price may have increase, I've just last week signed up myself for the…[Read more]

Not sure where the price of $7995 comes from, I think it's the cost of paying in installments but on the site it states:

You can either pay a lump sum of $3,995, or if it’s more convenient, lesser amounts over time via an installment plan (details of which are available on request).

Give Brad Howard a call at http://www.elevaterent.com.au independently owned and he's passionate about property too, with a property gathering every few months.

They look after a few of my properties and am very happy with them, inspections come with photos and rents come in on time usually before the end of month compared to a few others I've dealt…[Read more]

Hey Matt,

Just noticed possumpal thread: Mid-life crisis
https://www.propertyinvesting.com/forums/help-needed/4346162#comment-272543

I've had the passing thought of giving the real estate agent gig a go in the past but it's not for my, I'm defiantly not a sales men. From what I've seen and heard from friends that have tried their hand at the…[Read more]

Hey Gazza,

That was for cash flow capital, although I've not found any bad press or people not happy with their service, they seem to be legit, there's a few threads on them here. They use to charge a buyers agent fee like the 2-2.5% but now they only charge the mentoring fee, discounted by 50% if you sign up there and then.

Then today I get an…[Read more]

Bugga…

Cheers Terry

Thanks Terry, that's exactly what I thought was the case, I tried to explain it to my tax accountant but probably didn't word it right.

Is there a work around that anyone knows of, like refinancing the loan of similar..

Oh know, good to see you've not run away from the forum Richard because of sum unkind words

Don't worry it's not tarnished your good name, I'll be sending my loans your way once I'm settled in my new job…

My property investing is in a lull at the moment so I decided to head over to the next seminar to get some inspiration.

Seems to be the…[Read more]

Hey Mick, exactly the topic I wanted to ask but couldn't find a pervious thread about it. Wondering if someone could comment on my situation (not wanting to start a new thread or take over this one)

I built my PPOR a couple of year ago, loan for $380k been paying that down pri+int
Currently have not borrowed against it yet est value $450k
Loan is…[Read more]

Done!

thanks

Interesting, thanks for all the info….

I've been thinking about going into an NRAS property using my super too, $5000 setup does sound a little on the high side, not that I've looked into it but did attend a seminar a while back and they mentioned this setup and I don't remember it being that high of a cost or I would have remembered using some…[Read more]

Cheers!

Saw on the news or similar last night that low doc loans are popping up again, an elderly couple on $23k annually was offered a loan for $850k with a $7k/moth repayment lol

Peter Switzer was commenting on them coming back through some dodgy brokers fudging numbers to get high loans through…. and some banks offering 97% lvr

Still…[Read more]

Tragic!!

I attended a property gathering last week and apparently there are a lot of changes coming soon to the tenancy act so we'll have to wait and see what the changes are.

Thanks Derek, good points obviously lots of due diligence required before making such a purchase.

I like your armchair investments too, if only I had more capital to be able to cover in entry with lots of breathing space

Bump*

I've been pounding the payment recently checking out the new display village in my area and heard "this one's for sale" more then a few times.

Anyone got any experience with these, some with a 9% return over 2 yrs with option to lease further ect…..

I've love to have a European car, either a BMW or Merc but not at this stage they're just to costly for me so I'll divert funds to investing till I reach my goal and then reset.

Kong, nice car, my folks have the same one! great quality, only think I don't like about it was it was a little slugish for my liking, I have a 2.0 Lancer but thinking…[Read more]

Family comes first!

Just came across this article:

http://www.apimagazine.com.au/api-online/newsletter/12/10/tax-qa-should-i-get-a-depreciation-schedule