HI Investron

Have you got development approval for the site or townplanning issues flood issues not all acre blocks can be subdivided council contributions etc.
Just some thoughts
Cheers

hi Mandi

When you get a second job they hit you with a higher tax for second job. But at the end of the day you only pay tax for the amount you earn.

If you earn more and it pushes you up to the next tax bracket then you pay tax in that bracket. If you don’t work a full year in your second job then you will get money back in your tax…[Read more]

HI Stevie24

When you say units are cheap? compared to what??

Hi stowy

forget or this positive cash flow mumbo jumbo rules etc, the easiest way to work out if a property is cash flow positive is when you rent covers all your cost , bank rates etc without your tax deductions.

Hi all my 2 cents worth, LOC works best if it is taken out on PPOR loan seperate to investment loans so you don’t clash with Ato.

Hi all
there are two main points you have to remeber in realestate
1. You make your money when you buy not sell
2. Positive cash flow isn’t rocket science and its not new , common sense tells us if you can’t afford to buy it, don’t.
I was 18 when I built my first house I hadn’t starting reading any property books but new that when the house was…[Read more]

Hi SIS question, why do you have to hold back please share

Hi all I posted this topic to see how many true renovaters or investors are on this forum because this topic is what you must do if there is no property boom.I have done this with 5 properties in a market which has been stagnet for 7 years and was still able to pick up 300,000 of equity before the market had even moved now its doubled again. Just…[Read more]

hi all
5 ips in to 18monts
total cost – 470 000
income – 61000
return – 12.9%
current value – 930 000

Cheers
nailwog

Hi crashy, I checked out your web site not bad reading you profile you said you were able to stop working full time work, what did you do to achieve this as in general share trading or somthning else for your cash flow.
nailwog