Forum Replies Created
- Originally posted by Chan$:Originally posted by kay henry:
Chan, probably the funnest thing is to find which guide gives me the highest values, and then see that one as the truth!
The best way to find out the true is SALE SALE SALE SALE! if you don’t sale then you don’t know the true value.
Kind regards
Chan Dollars
[Retire Young, Retire Rich] [strum]Surely, Sales, Sales, Sales, (but don’t sell to your wife) [strum] [strum]
Julian[whistle][whistle]
THERE IS ALWAYS A BETTER WAY!
My personally think, the Trust Magic is better than Wealth Guardian. maybe the WG is more simple and easy understanding, The TM is more clear and deep.
Julian [strum]
THERE IS ALWAYS A BETTER WAY!
Originally posted by westan:hi guys
in my trust janine (wife) and i are the appointers, i am the trustee and my children, my wife and myself are the benificiaries.
we also make distributions to our church which is great because we can donate with pretax dollars where as if it was from an earned salary it would be after tax dollars.
regards westan
I find +ve cashflow deals in New Zealand which I sell to other investors. To be on my database send an e-mail to [email protected]
Thanks Westan, You open my eyes.
Julian
THERE IS ALWAYS A BETTER WAY!
Originally posted by civicboy:Hi,
With all the media going around it’s hard to determine whether we are dealing with fact or fiction in the realestate industry.I currently have an investment property in NSW and I am toying with the idea of purchasing a further investment property in QLD. I was wondering if anyone could direct me to any resources that me assist in purchasing an investment property in QLD.
Thanking everyone in adance.
So am I
Julian
THERE IS ALWAYS A BETTER WAY!
Originally posted by westan:Hi George
i’m not the expert who wrote the book on trusts but my understanding is the assets are still protected in the trust from personal litigationeven if you are the trustee not a corporate structure. As the asstts in the trust are owned by the trust not the trustee. so if i was sued they can only pursue my assetts not those of the trusts. bye westan
I find +ve cashflow deals in New Zealand which I sell to other investors. To be on my database send an e-mail to [email protected]
Hi Westan,
If the invidiual (ie You, Westan) is the Trustee, then who is the Appointor? or you take three roles (Trustee, Appointor, Beneficiary) in the trust?
Does it works? [glum]Cheers
Julian [strum]
THERE IS ALWAYS A BETTER WAY!
Originally posted by Jaffasoft:Who wants to get creative around Hamilton? Who wants to meet and make a group around Hamilton and get creative and talk about ideas about investing in property?
I’m looking for a group to talk about property investing with.
Or Warrnambool or surrounding area, just somewhere local.
I’m interested, but i live in Hurstville, Sydney
Good Luck[wacko][wacko]
THERE IS ALWAYS A BETTER WAY!
Originally posted by Still in School:Hi Aceyduecy,
definetly, have goals written down, and time lines when i want to complete the goals… this way it helps me stay on track and remain focus, but not get side stepped…
Cheers,
sisSo am i.[strum][strum][strum]
Julian
THERE IS ALWAYS A BETTER WAY!
Please Email the post code to me, I may find a broker for you
Julian [strum][strum][strum]
THERE IS ALWAYS A BETTER WAY!
Originally posted by westan:Hi all
Russ no doubt the return on a 24k property at 100pw is fantastic but the way your figures present it exagerates the profit a little.
You still have rates 20pw, insurance 5pw, management 10pw so you are down to $65pw per property only. Then you need mainenance of say 10pw vacancy factor in 3 weeks vacancy thats 6pw so we are down to $49. That is $7,644 per annum or $637 per month well short of Dom’s $1200 per month.But
if you used that deposit to but 24k homes returning $100pw and got finannce at 80% then you will be laughing.
you will put 4,800 as a deposit and another 1,800 as costs thats a total of $6,600 so you could buy 12 homes. You would have a loan of $19,200 on each property the interest would be $25pw @ 7% so the $49 pw profit will reduce to $24pw only
BUT remember you have 12 of the $288pw or $14,976 per annum or $1,248 per week above Doms $1200m.Therefore they need you to buy them 12 homes from Russ not 3. (all the better for you Russ)
regards westan
I find +ve cashflow deals in New Zealand which I sell to other investors. To be on my database send an e-mail to [email protected]
You did a good analysis.
thanksJulian
THERE IS ALWAYS A BETTER WAY!
Originally posted by krazystyler:Mezzanine investments
Try Capitol Holdings Group
20% returnsCould you tell me more?
Thank you
Julian [worried][worried]
[email protected]THERE IS ALWAYS A BETTER WAY!
I used two agents for selling my property. i don’t worry they wouldn’t tell me the offer.
Try, It works.
Julian [strum][strum][strum]
THERE IS ALWAYS A BETTER WAY!
Originally posted by Derek:Hi Plastered,
I would suggest you keep your $3K and put it towards something more useful like your next stamp duty bill or…………
As Russ indicated a good book will set you back around $30 – I would recommend at least 2 books Steve’s and a book by Jan Somers – sure they have conflicting points of view. And then there a whole lot of other suggested readings (see the Heads Up forum) that may take your fancy as you move along the knoweldge trail.
I recommend reading the two opposite books as there is more than one way to invest in property and ultimately you will need to find your own perspective.
Then there is the forum that allows you to ask all those ‘silly’ questions and read as much as you want to help you further expand your knowledge base.
Ultimately the most learning will occur when you finally become an investment property owner – and that is when the fun starts too.
Derek
[email protected]Property Investment Support Available. Ongoing and never stopping. PM welcome.
Yes, you are right.
THERE IS ALWAYS A BETTER WAY!
Originally posted by redwing:Agree..
look at Discharge fee’s, ability to make extra repayments, extra’s etc and ascertain if it truely is the ‘better deal’..do the maths
If alls good then[thumbsupanim]REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
My math is not too good. but I will try. [inlove]
Thank you REDWING & STEVEN
THERE IS ALWAYS A BETTER WAY!
Originally posted by yack:<<<Because it was NOT a Bank cheque – just a normal personal cheque>>>
Would you sell your car and accept a personal cheque instead of a bank cheque.
Come on now, look at yourself for a second and dont blame the Bank. Its not always someone elses fault.
Exactly, What I feel.
THERE IS ALWAYS A BETTER WAY!
An agent has told me that things look bright, and from what I can see this may be so, but I have a close friend who lives within cooee that says the opposite…Oh well I will just have to put a higher powered thinking cap on! Oh and the town has a pop of approx 8000 and there seems to be at least 100+ listings for houses all the time, is this the norm?
Yest, I agree with you. it’s hard to find a right town to invest. 100+ listings is too much.
[worried][worried][worried]
THERE IS ALWAYS A BETTER WAY!
What’s that ?
[worried][worried][worried]
THERE IS ALWAYS A BETTER WAY!
Originally posted by PenguinJr:Hi guys, wat do you think about investment properties in Perth?
What’s the main difference between WA rules and NSW/Queensland/Victoria?
Thanx.
Financially Independent = Gateway to FastTrack
I think about it, I want to know the difference as well>[strum][strum]
[worried][whistle][worried]
THERE IS ALWAYS A BETTER WAY!
I learned how install a Anti- spy software in computer. More thinking what’s is the next step for investment.[blush2]
[worried][worried][worried]
THERE IS ALWAYS A BETTER WAY!
Originally posted by Sibo:What sort of fees do you think are reasonable RussH?
Regards,
Siyes , we’re waiting![whistle][whistle][whistle]
Julain [worried]
THERE IS ALWAYS A BETTER WAY!
Originally posted by jono:Is there a spotters website??
always look on the bright side of life
Where ?
Julian [worried]
THERE IS ALWAYS A BETTER WAY!