I would like to reply to CATA:
Quoted: “A “family trust” can only distribute funds to family but a discretionary trust can distribute funds to any benificary eg. family, friends, or another entity like a company, trust or super fund. That would be the major difference but it depends on the trust deed and how flexible it is. I like them to be as…[Read more]

Oh okay so which means there are some at that range, I went to the real estates and three different RE told me not at that range. You must know where to find it? Thank you.

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I strongly agree with everyone except “RESIWEALTH”.
I’m 26 and coming 27, hold about A$750k valued property + cash. I have asked a lot of stupid questions but not as stupid as yours. Even people asked stupid question but at least they have the heart to learn and to improve their lifestyle. I believe if you start to invest at young age, you will…[Read more]

Thanks angel,
I have realised the truth +ve cashflow, you are absolutely right. That’s why I have questioning people how do achieve the positive cash flow. There are lots of books or seminar that educate +ve cashflow but then the example they are using is all based of property $50k-$100k, which hardly can be found in qld I am not sure other state.…[Read more]

I have been through all these situation, so I hope these will help:
Ionnie quoted:
“property/land generates an income you can not claim any costs associated with holding the land eg. rates, interest costs, lawn mowing etc. can not be claimed. Talk with your accountant and until you get a definate answer keep records of your expences”.
You are…[Read more]

Thanks that would be really help, as I have raised that question but not sure where to find the solution.

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THANKS EVERYONE! i AM GOING TO GET ONE TOMORROW

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sorry I am newbie, where can I get the API article, what is API stand for? Sorry I am new in IP.

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quoted robert ” You might find you can keep your home and purchase an investment property”

I have act on your advice, and have been doing research looking for buying a IP. I’ve been looking on the net and newspaper for some property.
Today, I found a property which is located in Ashmore, gold coast. The asking price is $380K, But I was thinking…[Read more]

Hi greg
After listened to your advice I have print out every single article and have file in a special folder.
Thanks for the website info.

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thanks guys

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sorry, but i thought I can get some ideas on how to get rid of my property back home. Thanks for your contribution.

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sorry hehhehe

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thank you so much greg, yes I have too many special folders for all the notes printout. I will definitely read through all the materials suggested and will come back to you and update you what I am going to do.

Of course I appreciate everyone input, I have mentioned many thanks to every replied. I really appreciate it, god bless everyone.

Please…[Read more]

Quote Kay Henry: “If you have checked out 100 properties, then you are obviously getting a real sense of the market in the area you are looking at to buy in- which will help you to analyse the market and allow you to work out what’s achievable”

What I did was, I took actually more than 100 properties, and put into spreadsheet and then apply…[Read more]

Yes Kay henry, I did my research almost everynight on few suburbs that I really want to invest. I really want to get an IP this yr but again no rush, I don’t want to make any huge mistake or regret down the track, that’s why I’ve been reading lot of books: two books fm steve’s mcknight I liked it cos it make sense but then when I tried to apply in…[Read more]

Thank you so much for this:
Yes I read page 34 but I tried to apply in real life and last night I took 100 properties and all does not produce positive cash flow. I am so frustrated! not happy. That is why I asked how does it work? May be I missed out something.

Yes G7 I understand easily on what you explained but then means there is a less…[Read more]

Wow, thanks for everyone contribution and I really learn so much from this forum. I am really new to IP. So anything would help me in my decision making on IP.

Yes, Pete r I am very interested for further information on those housing market you mentioned. Please provide me more informations?

So, Robert, do you think is not an ideal decision to…[Read more]

Capital exemption – any capital gains or losses from the sale of the dwelling in which you live will be disregarded if it is owned by you and was used as your main residence during the ownership period.

If you renting out 100% initially, when you sell your house you would need to pay CGT for the period of 10mths but you’ll be entitle 50% discount…[Read more]

I strongly agree with Robert, there is on one in this world would give you the money to invest. They might as well invest themself and make profit themself.

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