Hi Crashy,
Help is on the way. Your appeal is that you have not been corrupted by your industry yet. [][8D][]

According to the latest BIS/SHRAPNEL REPORT,
it would be unwise to sell Queensland property at the moment.For further clarification with a state by state summary go to the website below and obtain their latest newsletter [free subscription].

Bryce Inglis[]
brycei@ipal.com.au
http://www.ipal.com.au

Hi Longinthetooth,[8D]

You are more secure if you,[]
1. Seek a bank which gives you a written valuation
for an intended purchase, as it ensures that you are paying fair market price.Take note that bank valuations can be 10% below market price.
2. Avoid cross colaterilzation [is there a spellcheck on this].It is safer to have your own home…[Read more]

Hi Clarksonsclan,[]
You could do this very simply by opening any banks website and use their online calculators.
You are in a good position to invest.

Bryce Inglis
brycei@ipal.com.au
http://www.ipal.com.au

Sorry everyone the links are
http://www.businessmall.com.au
http://www.ez-rent.com

Bryce Inglis
brycei@ipal.com.au
http://www.ipal.com.au

HI Amit,[]

I use Jan Somers PIA PRO which costs around $500.
Other programs available are,PIA PERSONAL..$245
POSH…$200.These are available as trial versions at http://www.business.com.au
Buyers of Margaret Lomas books can download free software by following instructions at the back of her books http://www.edestiny.com.au
There is free software at…[Read more]

Hi Johnny,
Some options available to you are:
1. Convert your super to do it yourself super to receive a return of 17% per annum made up of 6% capital growth and 11-12% cash flow. This effectively doubles your super in 5 years.
You have $200,000 equity in your home which is enough to borrow more than you need if you had an income, so equity is…[Read more]

Time to get a coffee.

http://www.firb.gov.au

Hi angels,

The FIRB link above isnt working.[]
Try http://www.firb.go.au

Regards

Bryce Inglis

brycei@ipal.com.au
http://www.ipal.com.au

Hi Angels,

Welcome to Australia.
You may be subject to restictions placed apon you by our FOREIGN REVIEW BOARD.This will be dependant on your status issued to you on arrival.
Their website at http://www.firb.gov.au.will asist you in detail. I reccomend you to their Q&A page,as it might answer some questions simply.
Again welcome and have a happy time…[Read more]

Hi Wilco 91

10k can buy a lot of $30 books[8D]

Bryce Inglis
brycei@ipal.com.au

Hi Westan[]
If you have an apreaciating asset or a cash producing asset then should it be termed debt.Your wifes credit card could be classed as debt

brycei@ipal.com.au
http://www.ipal.com.au

Hi Crashy,

It is situations like Alf’s that give property investment a bad name, and it is this type of thing that need to be stopped through closing the gaps in legislation and also making accountable those that are negliable by law. If you or Alf don’t mind could you keep me informed of the outcome, and if I can assist at all with information…[Read more]

Hi Alf,
I am sorry to hear of your experience, A few years ago my wife also lost a lot of money, through bad financial advise.[]
(the money was compensation from an accident which was trusted to a financial adviser to invest)
Please log onto ASIC’s website http://www.asic.gov.au and report your experiences to them. As an investment adviser (property), I…[Read more]

Hi Crashy,
Thanks for that.[] My area of expertise is mainly with property, and I agree with you on the small educational component in courses in regard to this. I should apolgise to Kamelon also[]for taking over his discussion site with our ‘banter’ on super
Bryce Inglis
brycei@ipal.com.au
http://www.ipal.com.au

Hi Wisdom,[]
The property area can be very interesting and rewarding, however you need to tread carefully and educate yourself, but do be aware of costly seminars and sales orientated seminars. There are a few simple rules that help with property investment such as – never buy without a written bank valuation – land appreciates and buildings…[Read more]

hi Chandra, []

The answer from the ATO & ATSIC is no, however if the company/ trust is set up properly with a “responsible entity” as part of the company structure then as I understand it the company/trust can borrow up to 50% so that the title would show the joint owners to be xyz super fund 50% and xyz person(s)50%. It is the xyz people who can…[Read more]

Hi Crashy, [8D]
It is complex and is done through a financial services adviser who is licenced with the Australian Securities Investment Commission (ASIC). Alone or as a syndicate you set up a superannuation trust or company. The trust or company can then invest super money in a way that you see fit but this has to be in line with ASIC and the…[Read more]

Hi everyone, []
As a Investment consultant I would advise you to consider the purpose of your investment property before purchasing. Do you want cashflow or capital growth? This is a most important consideration as this will dictate what and where you buy. For example new properties give maximum depreciation which helps with cashflow. The…[Read more]

Hi []
If you have superannuation you can set up a self managed superannuation fund. With a self managed fund you can use the money to buy property or shares, by selling the shares to the super fund. The money received from the sale of your shares can be used to then invest in property without further outlay.

Bryce Inglis
Ph: 03 9530…[Read more]