Some interesting reading here….

http://www.somersoft.com/forums/showthread.php?t=7959&page=1&pp=15

How about:
Asset Protection
Wealth creation
&
Maximum Flexibility

The last one is with reference to maximising tax benefits ( neg gearing properties in a trust structure)as well as minimising the flow on effects of capital gain ( upon selling), as well as being able to change your properties from ‘trading stock’ to ‘buy & hold’ stock without…[Read more]

OIC Red,
Now I understand.
They probably don’t want to give any secrets away unless you proceed with them.
He did recommend you do a $250 financial health check ( download the forms from their website) from which they would come up with some recommendations.

He also said they do work in with other accountants to assist them, but using Chan/Naylor…[Read more]

The obvious answer would have to be ‘it depends’.

Depends on your circumstances.

You are in the box seat since the value of the property has increased so much, that you now have more choices open to you.

What was the plan when you first purchased the property? Was it to hold as a long term rental, or to develop asap ?

If it was me, I would go…[Read more]

** OOPS !! **

The lesson here is don’t ask me for advise as I will probably direct you to the wrong subdivision.

Pass……
But that $500pm must be pw ???
Not a good return otherwise for such a high risk investment.

Noticed in the West Australian some of the businesses ( dive shop etc) being advertised for sale.
Apparently no tourists arriveing any more, so businesses are doing it tough.

The place is closer to Java than Aust, so I am wondering when the…[Read more]

According to Ed, its property investing trust, not a disc trust or a HDT or a unit trust.

He says that none of the above are suitable long term, for holding property assets in.
They all have their place, but not for property investing.

I can’t say any more than that, as it would be pure speculation.

Best to email them direct and ask them.

kp

Thanks Westan.
Appreciate it…

kp

Yep,
I was looking at the ‘retirement village’ site…..on the wrong side of the road……trust me.

Thats what comes from being left/right challenged. I much prefer the location you pointed out Ausprop.
Seems like good buying compared to Two Rocks.

kp

Originally posted by Dazzling:[/i
Surely it’s a big numbers game. Get the numbers up to a level where they dwarf your private consuming level…and viola.

Whats the wooden musical instrument got to do with it ??? ( confused)[confused2][blink]

kp

Gross,
Coupla Ruskies??

Does the money come in a black violin case as well ??

13% is not outrageous.
What sorta LVR is acceptable, and is short term ( 12 months) OK as well ?
What sorta security is requirted ( is 2nd mortgage, or ‘caveat’ OK, or does it have to be 1st mortgage?)

You could do a lot of damage with a bucket load of 13% money in 12…[Read more]

You guys need to write a book.

You could title it
“Speccy Bubbles’
Where to buy in WA..and where not to…
by Aus n’ Red…..

specially written for ‘special’ investors

kp

Hey Nigel,
Do you have an example of a property with some numbers?

I am sure there are many of us curious investors who would better understand the value if we could break it down to some numbers to work out the ROI of investing here vs in other parts of the world.
ie…Purchase price vs rent return vs expenses vs potential loan lvr vs current…[Read more]

Have to agree with brahms.

Furthermore, the concept of yield is more relevant to commercial real estate where it is used to determine both the market value of a property, and the potential rent that should be charged.

Prevailing market sentiment determines where the yields should be, and property values are worked out the current…[Read more]

Not yet.
I saw Ed at a seminar a couple of weeks ago, and apart from having potential as a stand up comedian ( if he gives up his day job), he was the highlight of the seminar.

Worth following up in my opinion.

website for anyone interested is:
http://www.chan-naylor.com.au

kp

Buy, buy, buying….and selling.

kp

LOL……….
Thats funny Red,

$25-$28……pretty cheap for concrete..

kp

Bizarre!!
They’re a standard inclusion when you build in WA.
Sometimes the tenants ask for the flyscreens to be replaced with security screens ( that also incorporate the flyscreen material)

If they won’t supply flyscreens, how about setting up a mozzie net above your bed, and having one of those burning anti mozzie coils in the room. ?

I reckon…[Read more]

Thank you suzieq and Richard.
I have been meaning to call you Richard…in fact I should have tried to catch up with you while I was in Bris. 2 weeks ago…

kp

Yessss