Thanks guys for the perspective,I think it all comes down to your attitude towards your time.I think even if it ends up costing you a little more in the long run you are actually ahead because you have saved your energy, time and health.After all, it is not all about the money right?We are playing this game with the aim to improving our lifestyle.…[Read more]

Hi guys,I am entertaining the option of 'Rent by Room' as part of my investigations into ways I can leverage a property in an attempt to manufacture a postively geard solution.I am not surprised the logistics of managing such a scenario is a potential mine field. Mario

Guys,I am the guarantor of the loan. In cashflow terms the interest repayments are coming from my pocket.In getting finance to buy an IP with extra to pay out the company debt (through a structure),  I am not so concerned about the deductability, more  the knowledge that my hard earned cash is now being used to service a loan that is towards an ap…[Read more]

Hi Terry,The reason I am exploring some form of partnership or JV etc. is to deal my servicability challenge.I am asset rich (enough equity for about 3 deposits, maybe more. All in my PPOR) and cashflow poor (enough to satisfy the banks of servicability but not enough to warrant substantial negative gearing).The advent of using multiple trusts to…[Read more]

I am also interested!Mario

Martha,Do you know how syndicates are different from partnerships / companies?Is it a tax thing or Liability thingIs it simply a Memorandum of Understanding thing? JV etc?Or, is the word 'syndicate' interchangable with company etc?Mario

Hi Richard,Nothing good in life is ever easy!My questions are coming from my thinking through possible master plans and how I intend to use property to reach the goals for my family trust. I need to understand how a sustainable and growing portfolio is created.I do not at present subscribe to API. Sounds like I should. I'll email you for a copy of…[Read more]

Hi all,It seems this topic is taboo?Should I be posting somewhere else?Mario

Hi Richard,I believe in the mantra 'Cashflow is King'. My intentions therefore are to create a cashflow bias portfolio.The challenge of course, more than ever, is having enough cashflow in the first instance to create the other stream. The deposit is the easy part.It is looking like the only real way to buy multiple properties, each bringing in a…[Read more]

Hi Richard,Basically, irrespective of the structure or creative investment techniques, everything is driven by your personal debt servicability loading (30% rule of thumb).I don't know about you but  I am not an overpaid executive with an realistaic salary package.Is the only way around this to have a money partner?I guess a 50% share of 100 hou…[Read more]

Thanks JacM,I would expect there are a heap of other research items that will need to be understood including infrastructure.This ability to interpret your findings walks hand in hand with understanding who your target market is.I attempted to bring this subject up in a past post.There are obviously different types of renters out there. Each with…[Read more]

Hi guys,Thanks for the links. They are great resources for getting the info.Now lets talk about how I should use this information.I need to understand why a piece of information is Good or Bad in reference to being a property investor.For example JacM has a really good post above. It tells me what information to look for and where to find it.  Q…[Read more]

Hi Paul,Thanks for the prompt and helpful reply.I am in Perth WA.Any recommendations are appreciated.Mario

A JV sounds like the type of arrangement I would look at.Essentially, there are a few people I know who have money but are not interested in doing the actual work. They just want the opportunity to get a return on their cash investment.I appreciate that each project would sit under its own structure. I am assuming the vested parties would all be…[Read more]

I take it from the lack of response it is not a good idea to have a business partner to invest in property.

Hi guys,Thanks for the replies.At this stage I am only focusing on understanding the different paths that are available to me that will get me to my goal. That is – "A property portfolio that is generating an income 20 years from now equivilent to 30K/yr in my pocket in today's dollars"Understanding the paths available will show me what…[Read more]