Well your certainly entitled to your opinion, but lets just take a look at what your saying and perhaps a little enlightenment along the way – well my opinion at least.Dan, I'm still a property investor as we speak today, in fact I bought a property 2 months ago and looking at developing 3 units. But the data is there to back up my (Garbage Rant…[Read more]

Minimise your non tax deductible expenses as much as possible if you are going to build growth. This means minimise your owner occupied home mortgage interest whilst using maximum leverage on your tax deductable expenses such as investment home mortgage interest…Just my two cents worth.Rod

Let me put another slant on it. Australia is actually one of the nicest places on the planet to live. We have no war, amenities and public utilities are arguably as good as anywhere else and we enjoy a warm climate and relaxed lifestyle. Folks the rest of the world values this, we just take it for granted. Yes Australia is the least affordable…[Read more]

Richard gives good advice. Always look to reduce your non tax deductable expenses such as interest on your PPOR. Let the government and your taxes do the work for you when investing in property.cheersJohn

In answer to your question Rhys_Roberts… Yes!!Use equity in their existing home to create the deposit. Remember its all about reducing your non-deductible expenses.. A loan for a deposit from equity in their existing home is tax deductible. Why use your cash savings to fund an investment property when the banks and government can do it for you…

I agree with the above posts. My accountant gave me the most valuable advice years ago when I was getting into Investment Property. Do everything you can to reduce your non tax deductible expenses..  simple as that..Take $60k off your home loan, your interest expense goes from 6% of $120k ($7200 pa) to 6% of $60k ($3600pa). That saves you $3600…[Read more]

This forum comes close to the top in google search when reviewing Custodian Wealth Builders, so I thought it might be the best place to put my experience for others to read.I attended one of their seminars (paid the $30) and got the free book 7 steps to wealth. The seminar was ok, not big on details but gave me enough information to understand the…[Read more]