Hi jassep,
i was getting pretty frustrated about that one and now you’ve cleared that for me so thankyou heaps.
karen

Hi harryson

thanks very much for that it has cleared some things up. i do think it’s a great idea and one worth some serious thought.
and no you haven’t confused me even more, we will defintely look into that one
would you recomend using this to help our own kids get a head start.
thanks again
karen

To AD
sorry i was wrong,
last night when i was ready more of my program on john fitzgerald i did discover that he does prefer to negative gear. i thought he worked on cash-flow pos but he doesn’t. i lot of what he talks about though is very good and does explain and teach a lot about cash flow management, tax, equity, and different strategies but my husband and i have always believed that if your not cash positive how can you keep adding to a loan if the money is not coming in.
if all your doing with neg gearing is topping up then there must only be so much you can do.
does this make sense to anyone.
i know with neg gearing you can claim on a lot at tax time but if your making that money on a weekly basis doesn’t that sound more sensible.
oh boy how will i ever get it. lol

karen
[]

Hi BDM
first of all congradulations on impending arrival of new bubs.
second, thankyou for your response and i’m with you on the low risk at this time. i think with what it will cost us to split the loans we are going to wait until we purchase our next property and then we’ll do the split.Why do it twice if were not far from aquiring another one.
i didn’t realise about having to completly seperate loans (one for home and one for invest) and then also splitting the invest in 2.
and i dont really understand why you will eventually split again when you purchase more. hyperthetically wouldn’t it be easier to have say 6 props in one loan and home seperate. am i understanding correctly what you are saying that each time you buy a house you will create a new loan for each one.
i hope this isnt a stupid question but as i said this is why i’m here, to learn.
and i know that everyone does things differently and i feel like such an amatuer (see i dont think i can even spell it) lol.
anyway thankyou so much for your response its given me even more to think about.
karen [^]

Hi AD
john fitzgerald program is really very informative and it is opening my eyes. it is all about cash flow positive and wealth building passive and active. very much the same as here. i’m only about 1/4 of the way through but i have scanned it all, now it’s just a matter of learning everything
when i’m not on here learning from you guys then i’m reading his work. (forget housework and almost forget my off-spring lol)
so much information i hope i can keep it in.
karen[:0)]

thankyou both very much i think we will fix her up and keep her then as you said re-finance and revalue and buy a third one. also when we bought the new house that we live in the finance company that we went through combined both houses in one. now shouldn’t we split them up to prove that we do have a pos-cash flow from the investment one and have int only on that first one and P&I on our home.
thankyou again
karen