jamesmdawson replied to the topic Negative Geared Property killing us in the forum Help Needed! 12 years, 3 months ago
Have a chat to someone from we buy houses in the area , maybe just google them first
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jamesmdawson replied to the topic Negative Gearing vs Positive Gearing in the forum General Property 12 years, 3 months ago
Hi , Ive been in the game for over 30 years , I always look for positive cash flow , other wise Im looking for other money to fund something that is costing me cash. I still claim all the tax deductions I can. Id rather be paying some ( minimised tax) than trying to find cash to prop things up.Check out commercial as well , can be easy to find…[Read more]
jamesmdawson replied to the topic Getting Started in the forum Help Needed! 12 years, 3 months ago
start with the end in mind , ie if you think you need 200k passive income per year to live on , plan for that. I would not buy anything if it isnt positive cash flow or has big upsides that can be obtained quickly ie its no point working to support a property for years to find that the upside isnt really there.
Ive been an investor for 30 plus…[Read more]jamesmdawson replied to the topic Commercial Property Seminars? in the forum Commercial Property 12 years, 3 months ago
Hi I have been a commercial property investor for over 30 years and still in the market , living from my rental income. I have written a step by step course that takes you through the path of how to find , evaluate , negotiate , manage and supercharge commercial property. The course is available now and includes a huge manual , dvds , documents…[Read more]
jamesmdawson replied to the topic Commercial propoerty around Sydney in the forum Commercial Property 12 years, 3 months ago
If you havn't checked out burgessrawson , they often have good listings either coming up or stock that didn't sell at their last auctions
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jamesmdawson replied to the topic Property Strategy in the forum Help Needed! 12 years, 3 months ago
Hi , Ive been an investor for over 30 years and while you should not ignore any tax benefits you may get from property , both negative gearing and deprecation etc I feel that the more you invest in positive cash flow properties the better. I have been living on my property income for 20 years now and dont mind paying tax if i have to but i…[Read more]