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  • Profile photo of JetDollarsJetDollars
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    @jetdollars
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    One more idea is to contact Steve McKnight for permission and compile all the informations in this forum as questions and answers and publish it as books and sale it in the book stores.

    Kind regards

    Chan Dollars
    [Retire Young, Retire Rich] [strum]

    Profile photo of JetDollarsJetDollars
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    @jetdollars
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    Below is not my idea, but I like to share with you guys.

    If you buy -CF property then you will need money to support your IPs which is from your own pocket. One way to turn -cf property to neutral is to buy shares and write a covered call against it (Peter Spann). You will get a monthly premium and use it to pay your -cf property. To do this then you need a large capital in which I don’t have at the moment.

    Kind regards

    Chan Dollars
    [Retire Young, Retire Rich] [strum]

    Profile photo of JetDollarsJetDollars
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    NSW:

    Investors currently running away! and buying IPs in other state. QLD will be the first target then SA.

    Kind regards

    Chan Dollars
    [Retire Young, Retire Rich] [strum]

    Profile photo of JetDollarsJetDollars
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    motmarich,

    can I buy an investment property in the mean time and still claim the FHOG or do I have to wait until settlement???

    I am pretty sure you can still buy IPs now. Once your PPOR is settle which is in October 2004 you still be able to claim your FHOG. When you buy your IPs you own the IPs but you never live in it therefore you still able to claim you FHOG.

    Below is the question and answer from OSR FAQ:
    Q: I have owned an investment home previously. Can I still be eligible for the grant?
    A person is not eligible if they or their spouse (including de facto spouse) has had a relevant interest in any residential property in Australia prior to 1 July 2000, whether they live in it or not.
    However, a person may be eligible if they or their spouse (including de facto spouse) has only ever had a relevant interest in any residential property in Australia on or after 1 July 2000 and they have not resided in that property.
    http://www.osr.nsw.gov.au/portal/page?_pageid=33,63440&_dad=portal&_schema=OSRPTLT

    More informations as follows:
    http://www.osr.nsw.gov.au/portal/page?_pageid=33,63391&_dad=portal&_schema=OSRPTLT
    or
    http://www.firsthome.gov.au/

    Previous discussion topics:
    https://www.propertyinvesting.com/forum/topic.asp?TOPIC_ID=7951&SearchTerms=FHOG
    and
    https://www.propertyinvesting.com/forum/topic.asp?TOPIC_ID=9062&SearchTerms=FHOG

    Good luck.

    Kind regards

    Chan Dollars
    [Retire Young, Retire Rich] [strum]

    Profile photo of JetDollarsJetDollars
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    buy property without garage and put one on later.

    buy a small church and convert it to rental property.

    buy a corner house and convert it to small business

    buy a warehouse and convert it to rental property
    .
    .
    .
    just to name a few

    Kind regards

    Chan Dollars
    [Retire Young, Retire Rich] [strum]

    Profile photo of JetDollarsJetDollars
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    Muppet,

    It’s pretty hard to catch up tho…

    You got a long way to go, but I am sure you can do it in long term….lol….maybe start doing the muppet muppet…

    Kind regards

    Chan Dollars
    [Retire Young, Retire Rich] [strum]

    Profile photo of JetDollarsJetDollars
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    Muppet,

    It’s pretty hard to catch up tho…

    You got a long way to go, but I am sure you can do it in long time….lol….maybe start doing the muppet muppet…

    Kind regards

    Chan Dollars
    [Retire Young, Retire Rich] [strum]

    Profile photo of JetDollarsJetDollars
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    Originally posted by Pelicaninvestments:

    at least I can keep going direct, but am getting ready for the inevitable….

    Thanks

    Scott

    Don’t wait ’til water reach your nose like me…lol

    Kind regards

    Chan Dollars
    [Retire Young, Retire Rich] [strum]

    Profile photo of JetDollarsJetDollars
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    @jetdollars
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    If there is a new system (ie. stam duty, land tax) there will be a loop hole. So let get to it and dig it out.

    Kind regards

    Chan Dollars
    [Retire Young, Retire Rich] [strum]

    Profile photo of JetDollarsJetDollars
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    George,

    Good to see to take up my position in Forum Frolic!…lol

    Thanks for the jokes and please keep them coming!

    If you keep doing what you did, you will side by side with soon…

    Hope to see you up there soon.

    Kind regards

    Chan Dollars
    [Retire Young, Retire Rich] [strum]

    Profile photo of JetDollarsJetDollars
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    George,

    Thanks mate, much appreciated. I will try when I get back to work next week. Wish me luck!

    Kind regards

    Chan Dollars
    [Retire Young, Retire Rich] [strum]

    Profile photo of JetDollarsJetDollars
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    Muppet,

    You are so cruel!…I thought you are my friend!…sad!

    Kind regards

    Chan Dollars
    [Retire Young, Retire Rich] [strum]

    Profile photo of JetDollarsJetDollars
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    Mini,

    I am waiting for PARTS 2 ’til 12.40am. Now decide to go to sleep…lol…hope I will see PARTS 2 tomorrow!

    Kind regards

    Chan Dollars
    [Retire Young, Retire Rich] [strum]

    Profile photo of JetDollarsJetDollars
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    Sitting on my hands…thinking what to do next…

    Kind regards

    Chan Dollars
    [Retire Young, Retire Rich] [strum]

    Profile photo of JetDollarsJetDollars
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    @jetdollars
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    Welcome to Sydney and hope it’ll be a good move!

    Kind regards

    Chan Dollars
    [Retire Young, Retire Rich] [strum]

    Profile photo of JetDollarsJetDollars
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    Welcome back Soosh. I hope it’s all go well with family and that.

    Kind regards

    Chan Dollars
    [Retire Young, Retire Rich] [strum]

    Profile photo of JetDollarsJetDollars
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    If the government change the system so can you. If the system tax you on the way in, tax while you are in it and tax on the way out for IPs then think creatively.

    There is no point of complaining and I am pretty sure it won’t change a thing.

    Pisces,
    I support you and your opinions, but I don’t think I will wasting my time trying to stop the system from going ahead.

    Kind regards

    Chan Dollars
    [Retire Young, Retire Rich] [strum]

    Profile photo of JetDollarsJetDollars
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    Westan,
    Welcome back to Forum Frolic, but soon you will be going again. Good luck with your 3 wks trip to North Island.

    Muppet,
    I got no choice, but to be quiet these day coz can’t access forum for 9-5.

    Kind regards

    Chan Dollars
    [Retire Young, Retire Rich] [strum]

    Profile photo of JetDollarsJetDollars
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    Russ,

    This could be a person question, you don’t have to answer it if you don’t want too.

    To me, it seem that you find a lot of properties that you mention about. Do you invest in those areas yourself? if so how many of those properties you got? why didn’t you buy more?

    For me if I see the opportunity that you saw I will jump straight into it. I would love to do the deals with you, but it seem the areas that you found those +cf does not fit into my criteria.

    Good luck.

    Originally posted by DAAJ:

    Investment proffessionals i put to you a challenge.
    Can anyone think of a way to make $1200 (Not Net)per month each month of the year with only $80,000 to invest with? eg,property ,Shares ect.

    [trigger]
    Dom

    Dom,

    If I have $80k then I will spent $3000-$5000 learning super-trader from Peter Spann & other. I will spend $20k for +cf. The rest I will sit in front of computer all day trading shares and options.

    Kind regards

    Chan Dollars
    [Retire Young, Retire Rich] [strum]

    Profile photo of JetDollarsJetDollars
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    @jetdollars
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    The best way to invest in NSW property market is to buy & hold (never sale). Draw down the equity and live on it and as Kay said above “buying properties that I know will still stand up until I die :)“.

    Kind regards

    Chan Dollars
    [Retire Young, Retire Rich] [strum]

Viewing 20 posts - 461 through 480 (of 2,330 total)