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    @marisa
    Join Date: 2004
    Post Count: 663
    March 12, 2004 - 7:47 am

    thanks all you cluey people out there.

    I will have to look at trusts in future when purchasing my next property.

    Cheers.

    Profile photo of MTRMTR
    Participant
    @marisa
    Join Date: 2004
    Post Count: 663
    March 12, 2004 - 2:44 am

    Hi All, can someone help…. we purchased properties in both names. From what I read Trust seems to be a better option, so can we now transfer these properties into some type of trust?

    Cheers

    Profile photo of MTRMTR
    Participant
    @marisa
    Join Date: 2004
    Post Count: 663
    March 11, 2004 - 1:14 am

    Hi there, I read this book, not sure whether it was one of his first books, it was absolutely fantastic.

    I believe Dolf DeRoo’s is Rich Dad’s property advisor.He gives an insight on how he became a multi-millionaire and the strategies he used.

    He also lived in NZ for some time and touched on this subject.He graduated from University an Engineer and basically became a property tycoon I think within a few years. I am sure you will love it, let me know

    Cheers,

    Profile photo of MTRMTR
    Participant
    @marisa
    Join Date: 2004
    Post Count: 663
    March 11, 2004 - 1:05 am

    Hi there, it would be wise to pay for an inspection, yes it will cost.

    You will need to establish why there is a crack there in the first instance, unless the problem is rectified there could be further damage down the track which could cost alot more than $700.

    If in doubt and do not want to spend for an inspection dont buy.

    Profile photo of MTRMTR
    Participant
    @marisa
    Join Date: 2004
    Post Count: 663
    March 10, 2004 - 11:52 am

    Hi there, I am always looking…..

    I have a few good quality neg geared properties in good locations. One property has now been rezoned triplex, so we may look at developing.

    I am also looking at commerical properties and NZ but not in a rush.

    Profile photo of MTRMTR
    Participant
    @marisa
    Join Date: 2004
    Post Count: 663
    March 10, 2004 - 12:19 am

    Hi there, check old postings. I believe Westan is the man to help you. He lives and owns many properties in NZ and may be able to assist you.

    Cheers

    Profile photo of MTRMTR
    Participant
    @marisa
    Join Date: 2004
    Post Count: 663
    March 9, 2004 - 2:47 pm

    Hi there,
    I would also like to add that I recommend John Burley his book is excellent, I picked it up at the library some time ago.He opens your eyes to the various options/strategies available.

    Craig Turnbull I purchased this book quite some time ago, and all I can remember was it was quite ordinary and a waste of money. I learnt zip from this book.[:(]

    Cheers,

    Profile photo of MTRMTR
    Participant
    @marisa
    Join Date: 2004
    Post Count: 663
    March 7, 2004 - 4:28 am

    Hi There,
    if you are interested in neg geared prop with high capital growth and are looking at the Mandurah area. You might like to research the south coastal town of Golden Bay (north of Mandurah) which is still I believe reasonably cheap and has a long way to go.

    Profile photo of MTRMTR
    Participant
    @marisa
    Join Date: 2004
    Post Count: 663
    March 6, 2004 - 1:39 pm

    Hi there,
    enjoyed hearing about your wife give it to ém.

    I ride shot gun on my real estate agent, I just cant help it, I keep tabs on him … but it seems to work when they know that you are on the ball they seem to try alot harder.
    You will be thinking this defeats the purpose of an agent, but I am still to find the perfect agent…

    Profile photo of MTRMTR
    Participant
    @marisa
    Join Date: 2004
    Post Count: 663
    March 5, 2004 - 7:59 am

    hi Beerboy
    I totally agree with Lisa77 comments.

    We purchased all neg geared properties, one being Mandurah which you mentioned, the capital growth was 47% in (12 months) this was the best.
    We are now looking at positively geared properties to assist with the cashflow.

    I am really not totally convinced that the ALL pos geared properties with little or no capital growth is the way to go. Though a mix of positive and negative would be ideal. We are presently looking for positively geared props.

    Profile photo of MTRMTR
    Participant
    @marisa
    Join Date: 2004
    Post Count: 663
    March 5, 2004 - 5:24 am

    Hi all

    thanks for your comments, very helpful, and I can use all the help I can get.

    Perhaps, you could suggest other areas in Qld which could be worth looking at.

    I am from Perth, where now it is extreeeeemly difficult to get good returns unless commercial.

    cheers.

    Profile photo of MTRMTR
    Participant
    @marisa
    Join Date: 2004
    Post Count: 663
    March 1, 2004 - 4:00 pm

    Thanks Rugbyfan,
    I have been in contact with Westan and he has provided some very interesting stats etc. But would also like comments from other people.
    I have never been to NZ, but have a perfect excuse to go now…
    cheers

    Profile photo of MTRMTR
    Participant
    @marisa
    Join Date: 2004
    Post Count: 663
    March 1, 2004 - 10:12 am

    Thanks, for your help.
    Cheers,

    Profile photo of MTRMTR
    Participant
    @marisa
    Join Date: 2004
    Post Count: 663
    February 22, 2004 - 12:37 pm

    Hi,
    We have been investing in Perth properties and achieved great capital growth along coast and also properties which can be developed, ie triplex, duplex potential.

    Unfortunately they are negative geared.
    From our experience we have found that you can achieve positively geared in WA however commerical.

    Armadale, Kelmscott, Orielia, Coolingup, Parmelia you will give better rental returns than the norm, but I doubt you will get a positively geared property here, if that is what you are after.

    Great capital growth and what I still consider cheap coastal real estate would be Singleton, Golden Bay, Madora Bay and parts of Rockingham.

    Cheers,

    Marisa[:o)]

Viewing 14 posts - 561 through 574 (of 574 total)
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