Dear Shane,

We cannot offer a solution to your problem as we are in practically the same situation. We too want to concentrate on +ve geared properties but have three -ve geared – but on serviceability we are about maxed out.

Kiwi mentioned negative geared rescue solution -what does this mean?

I have jsut been reading a book by Wakelin -…[Read more]

Dear Weston,

I would be very interested to know how you are able to keep borrowing to buy investment properties without a job.

We have a few negatively geared IPs but have reached a point where we cannot buy more due to serviceability. I to wish to resign and concentrate on investing so how do you do it.

PeterG

Dear Terry,

I have just been looking into the advantages of a family trusts or other type of trusts for property investment. Is this the sort you utilise and how do they work or operate to ones advantage.

I have heard that it is better to have a company set up as the trustee with yourself as the director. This all seems very complicated. Who do…[Read more]

Iforgot to give you my email address for the spreadsheet. Its been a long day.
email : [email protected]

Thanks PeterG

I would love a copy too

Thanks PeterG

Dear Mel,

Thanks for your ideas. I will have to find out more about trusts. I have been reading about them in other areas of the forum.

My accountant advised us to stay as individuals as there were better tax advantages and less paper work as compared to either a trust or company structure.

After reading many books from Steves to Jan Somers etc…[Read more]

Thanks Mel

from Peter G

Hi Everyone,

I have just been reading all the interesting information on this forum.

I am fairly new to this but am in need of some advice.

Our situation is as follows.

We own our own home and owned a coastal acreage.

We started seriously investing in property 3 years ago where we purchased 2 negatively geared houses in popular areas of…[Read more]

From a first timer on this forum.

I too am a bit confused about refinancing. When you refinance through the same bank do they give you in cash, the difference between the 80% of the new valuation and the amount of the existing loan owed?

For example we purchased a property nearly 3 years ago for $140,000 which is now valued at over $250,000, how…[Read more]