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  • Profile photo of NewInvestorNewInvestor
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    Hi amit,

    can u tell more about urself .what kind of properties are u looking for ?
    even i am lookign for positive cash flow properties .but i dont have time.

    since im bought my first home recently i dont have huge cash right now.

    Profile photo of NewInvestorNewInvestor
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    Hi,

    can u let us knwo what this unlimitied finance technique is ?

    i am a national employee may eb even i can benefit fromt that.

    Profile photo of NewInvestorNewInvestor
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    Hi,

    Can u please provide the agents details.even we are lookign in new castle area.

    how much was ur apartment range .price ,floor area etc,when its completed.
    can u provide details pls.

    Profile photo of NewInvestorNewInvestor
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    thanks a lot.
    is the company in victoria becoz i live in new south wales

    Profile photo of NewInvestorNewInvestor
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    Hi,

    iam not able to see any listings in hunter area in realestate.com .

    when u say hunter area is it hunter valley.

    Profile photo of NewInvestorNewInvestor
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    Hi,
    aim new to thsi but i really dont know what cash flow game i s.pls explain

    Profile photo of NewInvestorNewInvestor
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    Hi,

    I am really curious as to which areas u r buying .

    if u dont mind can u please let the surburb known.

    Profile photo of NewInvestorNewInvestor
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    Hi Dianne,

    thanks a lot for ur information.
    can u please send me the property number so i can have a look at it.

    Profile photo of NewInvestorNewInvestor
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    Hi ed,

    I have purchased my first home in auction and i learnt a lot from it.

    never start bidding immediately just let it flow and then when it saturates u can start bidding.

    the most important point is after u bid and no one bids the real estate agent will say the owners are noo willing to sell at this price and he will try to negotiate at that stage ,be sturbourn and dont even increase a 1000 dollars.

    That the sign the market price has reached.

    one more thing dont show that ur eager in buying anytime.

    in case ur taking ru family with u ,in that case dont make serious conversations so that the dummy bidders know ur emotional biding.

    last but not the least.set a target and dont be emotional.

    if u have to loose it u still can get beter deals.
    have this attitude.

    Profile photo of NewInvestorNewInvestor
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    Hi NishuG,

    There is never a good time or bad time in investing.It all depends uupon the dela which u make.If u think the deal is good u go ahead.

    becoz the longer u wait the prices keeps gign high.

    which area are u lookign around?

    so happy investing

    Profile photo of NewInvestorNewInvestor
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    Hi terryw,

    thanks for that info.

    according to whj the prices in these areas are so high .

    as a new investor and that too starting out new i think these areas are too difficult to get into with 80% LVR.

    Profile photo of NewInvestorNewInvestor
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    Hi terryw,

    can u mention a few of them please ?

    Profile photo of NewInvestorNewInvestor
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    Because you can get 80% doesnt mean the area is bad, it means that the area has been saturated with alot of investors lately or First home buyers paying inflated prices for house and land packages and the mortgage insurers wont insure for 90%. I have heard that you cannot get LMI for the Latrobe Valley and Narre Warren South!

    since u have stated that its already saturated or prices or inflated does that mean any new investors should take it negative .

    iam just a little confused.

    Profile photo of NewInvestorNewInvestor
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    Hi sooshie,
    just curious why haven’t such advanced investors just grab this opprotunity in koorlbayn.

    what do u think negative about it?

    Profile photo of NewInvestorNewInvestor
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    sorry .i looked at the offical site and the figures weren’t that great.
    but when i searched for properties i saw a lot of positively geared ones.

    thats a good sign.

    sorry couldn’t help much.

    Profile photo of NewInvestorNewInvestor
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    Profile photo of NewInvestorNewInvestor
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    Hi,

    Thanks a lot for ur help and sugesstions.

    I live in NSW .can u anyone pls suggest good lawyers and accountants who are resonable.

    thnx

    Profile photo of NewInvestorNewInvestor
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    thanks Michael.[:)]

    iam a little confused with the few terms like thanks Michael.[?]

    iam a little confused with the few terms like company trust and discretionary trust.
    if there are website where i can understand these trusts structures?

    I am a newbie i just dont understand.
    for example if we start a company trust c1
    we three are beneficiaries b1,b2,b3
    we want to buy a propertY X.
    say for example we each deposit 16,000 dollars toward the trust.
    the trust has 30,000 dollars now.
    the property we are looking for is 350 K.
    deposit


    35,000
    stamp duty


    8500
    legals


    1500
    others


    3000
    total


    48,000 dollars

    the total thats in trust is 48,000
    now if our contributions is 25,25 50 then its 12,000,12000,24,000
    is this right.
    if so how much does the trust get taxed is it 30%.
    and when we try to seel the property we wont get the 50% rebate on CGT.
    Make sure you each protect yourselves (your current assets) from each other
    how do u do it.

Viewing 18 posts - 1 through 18 (of 18 total)