Johno52 replied to the topic Opinion on my strategy? in the forum Help Needed! 14 years, 11 months ago
Read Chris Grays book the Empire (free to download on his website) once you have enough capital growth in the properties you have, and determined how much you would like to retire on, i.e. $100k year, lets say you have as little as 5 properties purchased for $500k each and they appreciate at conservatively 5% year, this would give you (initially)…[Read more]
Johno52 replied to the topic Redraw. Deductible? & to trust or not to trust? in the forum Look into establishing a 14 years, 11 months ago
Look into establishing a Unit Trust with your accountant, you should find that if set up correctly the losses will not be trapped iin the trust and your deductibility will still be there.Look at purchasing the property in the trust name and financing in your name. Again talk to your accountant for more info regarding structure, benefits etc.You w…[Read more]
Johno52 replied to the topic Who to see to begin?? in the forum Help Needed! 14 years, 11 months ago
Jared, If you are serious about investing in property and want to build a substantial portfolio you will need first and formost to ensure that you a) find the right accountant and b) structure your finance correctly to ensure that you can leverage yourself into your next property and you don't hit a wall through your lending capacity due to your…[Read more]