Hi pstoe

I can give an opinion on either as i have no exp with them.

I have been on the property path for a couple of years now since my marriage broke up and have read numerous books incl both of Steve’s and found his most practical but that is where I am up to. I have also attended his Property Masterclass twice and the Property Power Profits…[Read more]

Hi Lbglen

For the only IP I have had so far and it wasn’t through a trust unfortunately, I had a spreasheet that took care of all my tax with columns for the IP.
I had a separate account for rent reciepts and expenditure and kepp all other doco in manila folders in the filing cab.
As long as you keep it all together, tax time will be a whole lot…[Read more]

Hi all

I don’t agree that you ahve to wait for the years to pass to earn the right to do some of this stuff. Look at Matin Ayles at 30. He started with verry little from what I understand.

I believe it is more about understanding what a person wants, identifying goals, determining appropriate strategies then “doing what ever it takes to get…[Read more]

Hi Pudestcon

What is this NEVER NVER Sell business. Any property I buy will always be ont he market at the right price, so I can take the money and go do something else whith it.

Sue

Hi Matt

I think Steve has an article on here somewhere about the advantages of renting vs buying to live in.

I took the challenge a coulple of years ago after my divorce, to sell my home and rent.

Advantages of renting for me outway the disadvantages.

I don’t have to pay for maintenance etc and am free to move around to take advantage of deals…[Read more]

Hi plyplema

THis is not a nice situation to be in. I agree with Richard that paying of the one with the highest interest rate first then working on the others is probably the mosr effective way oof dealing with this. The interest rates on these cards if not paid off quickly can be killers.

In the meantime, I hope your brother STOPS using the…[Read more]

I agree with Dr X.

It won’t take too long for you to become educated in property investing. At least then you can take responsibility for your own wealth in the longer term rather than leaving it to the mercy of others.

Take the time to learn this stuff and keep the Cash safe in the meantime.

Regards
Sue

Hi DAB

Are you considering this as a PPOR or an investment property?

Sue

Hi Calvin

I would be a bit worried about putting straight Chook poo on the lawn. It is pretty powerful stuff and one of the easiest ways to kill plants of any kind is to fertilise them when they are under STRESS.

I would be looking to get deep roots in the lawn that way you will have a longer lasting and more resilient lawn. Look at the lawn…[Read more]

Hi Mabbott

I once heard at a Kiyosaki Seminar that if the other person does seem interested in making the dough, just go and do it then put it in your own bank account<lol>. Not sure I subscribe to that . One thing I do subscribe to though is to couch it in her terms based on her value system. If her value system suggests a value in nice…[Read more]

Hi Craig

I saw somewhere else on one of the Forums that you need to factor around $10-15k for sub-dividing. From what i understand that doesn’t include, water sewerage and the like.
Have a look through the posts on this topic. I think I saw it here

Regards
Sue

Hi all

Change is an interesting topic.
After 25 years in the Public Service, I have realised that “Change” is my core business, not project or tasks but “change” Keeping up with it leeingg in the forefront of it and changing personally to go with it.
In my property investing journey. Sure I might be in the Money business but guess what “Change”…[Read more]

Here’s my two bobs worth.
There is a saying that goes “if you give a man a fish you feed him for a day, if you teach him how to fish you feed him for a lifetime”

I don’t have kids and to some extent I agree it would be nice to give them a hand up in life. However I believe you could do much better by involving them in your property investing…[Read more]

thanks Phil

I have heard from several Real Estate Agents and solicitors in Canberra about delays etc during settlement processes that which bank cannot be relied upon to do things on time. Hmmmm interesting!!

Why not sell the -geared property and set yourself up for real gains long term.
I had to sell mine because of a recent divorced but having read both of Steve’s books and attended the seminars, I am convinced the way to make money is at the beginning of the process.

Cut your losses and let your profits run.

I guess is does depend to some extent…[Read more]

Hi Jen
I’m encouraged by your enthusiasm and commitment. Having been recently divorced and lumbered to some extent with a neg geared proerty I empathise.
Keep up the good work, PERSIST, PERSIST, PERSIST and you will succeed in the end.
You go Girl!!!
Regards
Sue

Wow what a range of comments from you all so far. What a great read :-)This is a long reply.

Here’s my two bobs worth

Personally I am fairly new to the Wealth Creation
Process, its principles and practices (about two years now).

I have signed up for the Premium Mentor Program because it is now time for me to TAKE SERIOUS ACTION and being on…[Read more]

Hi all
I had the same problem since fri, so i contacted Eugene in the office, with much toing and froing of downloads from my pages, he has done a great job and fixed it. It seems he was having difficulty replicating the problem, hence the need for screen snapshots. It seems all clear to me tonight now. Good job Eugene

Hi Phil

Thanks for the ID update. I undersatnd that it is work in progress and there are likely to be new features added as you develop this software.

In regards to the Unit Trust issue, I was just seeking initial comments from forum folk and understand the need to consult a professional, sorry if the question was construed as too complex for…[Read more]