Thankyou Geronimo, Aceyducey and Bionic Beer Gut for your helpful advice.

Wrappack wrote:
If you are purely focused on the tax deal, why not just let yourself get screwed by the annual end of fin year agricultural scam? Pay less tax by earning less or losing more! Doesnt sound like a smart deal to me! (unless cap gain in future to offsett the…[Read more]

Originally posted by Aceyducey:

Consider some form of Unit Trust. It makes it less painless to sell out of the project & easier to distribute profits effectively.
…
And speak to a professional about this stuff – it’s quite complex.

Cheers,

Aceyducey

Thanks for the information Aceyducey,

I have heard some mention of Unit Trusts, but do not…[Read more]

Hi, thanks for the advice so far.

I understand that if things are not put in writing up front then there will be greater scope for disputes. We definately intend to do this. We are meeting tonight to discuss the pros and cons of getting into this situation.

BTW, we have lived in a shared rental with half of this couple for several years and…[Read more]

Originally posted by elbowgrease:
Hi hiphop….If you are after a passive income of 50K within 5 years you will need properties returning $50 each to your pocket every week (ie: $50 more than the loan interest payment – have interest only loans too btw).
… Perhaps set your goal date a few years longer so you have a chance of riding up the next…[Read more]

Originally posted by kay henry:
Gramyre :o)))

This post is a bit shallow and competitive anyhoo. [thumbsdownanim

kay henry

Hi Kay,

I’m not sure that it was intended to be competitive.

Some of the topics on the discussion board seem to be started to give the “newbies” some inspiration, to see that investing in property can work as a means of…[Read more]

Hi,
I’m new to property investing and still learning, so please excuse my question if it is too basic – What is an IRR?

Also, there seems to be an argument going here that it is better to invest in -ve CF properties because they have greater growth than +ve CF properties.
In my simplistic view: If you pay, for example, a $20K deposit on a $100K…[Read more]

Hi Phil,

I just found a trial version of POSH at the Australian Property Investor magazine website.

http://www.apimagazine.com.au/pages/magazine/software.html

There’s also a trial version of something called Property Manager Pro, possibly a similar sort of thing?

I haven’t tried either of them myself, I’m just a newbie and don’t have any…[Read more]