I agree with a lot of points already madeThe need to be clear on your goals, whether it is capital gains, cashflow or quick cash (and a strong 'why')That a debt of $600,000 for a PPR will reduce your borrowing capacity for investment purposesThat there are many tax issues (and legal/asset protection issues) that need to be discussed with an…[Read more]
Its sounds like you love your son very much and still have emotions for your partner, and that the main cause of your breakup is finance problems. If this is the case, I would strive towards finding a solution to the financial problems, and only resort to a divorce as a last resort, whereby I would consult a lawyer for advice.
I think the real estate bubble in the US hasn't completely deflated yetOf great concern with regards to US properties is the tidal waves Alt-A and option ARM mortgage crisis that looms ahead
Hi D,Whether you decide to invest the $150,000 into properties, Silver or both, really depends on who you are, what your goals are and what time frame you are looking at. Personally, I believe Silver is the biggest investment of this decade, not only because it is a monetary metal, but also because it is an industrial metal and because of…[Read more]
I'm not a lawyer, but based on the vague information you have posted, I believe the law is currently on the side of the Solicitor and the Credit Union, and there is no strong case for the removal of the Caveat. Even if you were forced to sign under great duress, what evidence do you have of this, and would this evidence hold in court? With regards…[Read more]
Hi Swampy,When calculating yields to compare between different properties I would use the information that is available today… With so many confounding factors it is difficult to predict what the market value of properties will be 5yrs, 10yrs, 20yrs from now… Furthermore yields are based on both the value and the income of the property i.e. if…[Read more]
A property option is a legal document that allows a person to control a property, and not only profit first from natural growth, but gives them the ability to add massive value to the property. It gives the option owner the right to buy the property at a certain price and by a certain date, but they are not obligated to settle. In return for…[Read more]
Hi Intrigue, Like many others I am very BULLISH on Silver and have invested heavily in Silver mining stocks because I believe Silver is extremely undervalued. When I first decided to invest in mining shares, my intention was to hold them for at least 1 year to attain the 50% capital gains tax reduction, and try to sell at within 20% of the peak…[Read more]
House Call wrote:
Why does everyone want to retire at 40? What does one do then? I seem to hear and read it a lot. Especially from 20-somethings. I work, I love what I do. I am not trapped, but I not think that heavily gearing into property will accelerate future planning. Whilst I do not want to work till I am 75 or anything, I can&#…[Read more]
Hey guys,If anyone is interested in buying my MasterClass Starter: How to go from 0 to 5 properties, I've listed it on E-bay. This is my first time listing anything via E-Bay so feel free to message me if you've noticed I've done anything…[Read more]
haha… its good to see that there are likeminded people around in my view Gold and Silver are the best investment of this decade yourmoney.com.au showed that whilst the All Ordinaries index returned 49% and Australian homes returned 127% in the last 10 years, Gold returned 284%! (And still has a long way to go) I might be wrong,…[Read more]
i feel the same way as you patriotsoldierand also believe that this may have something to do with the uncertainty of the global economy. there is a strong likelihood of another round of 'Quantitative Easing' this November whether this will mean a stronger economy or weaker economy is debatable… not sure about what everyone else is doing, but i'm…[Read more]
Thanks for the input guys… Just another question…My tax accountant mentioned something about only paying tax on 50% of the shares if you hold them for at least 1 year – Does this only apply if it is under my name? Or would this also apply if it is under a separate entity such as a business or discretionary trust?Also are there any particular…[Read more]
G'day Adam,Thank you for showing your interest and for contacting me The MasterClass Starter Pack is ideal for beginners interested in investing in properties, and you will definitely get a bang for your buck!I'm happy to supply you my copy of the Master Class Starter pack, but the only issue I have at the moment is that I am strapped for time,…[Read more]
G'day Scotty,Firstly, I'd just like to say welcome to our community! This is a great place to discuss any issues regarding property investing. Whether you have questions about investment strategies, finances, or legal aspects – this is the place to be! And I'm sure you'll learn quite a lot simply by browsing the forums, and will enjoy your stay…[Read more]