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  • Profile photo of PropertyGuruPropertyGuru
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    August 27, 2003 - 6:06 am

    Thanks Div,Sach,

    I think I didn’t put my question clear enough. I was asking how other people doing there structure. I know it’s depends on individual but still good to know how other people protecting assets and minimisning their tax etc with their structures.

    Amit

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    August 27, 2003 - 5:32 am

    div43,
    no family
    yes professionl ( I guess ) [:)]

    I was interested in knowing about other people structure. I think not much people interested in telling [:P]

    Amit

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    August 27, 2003 - 12:54 am

    I am Web Programmer.

    Cheers [:)]
    Amit

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    August 25, 2003 - 12:04 pm

    Hi Richmond and All,

    This is a joke since this afternoon. pls ban and delete all his message ASAP.

    Amit [:(]

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    August 25, 2003 - 7:43 am

    powderfingers! lol! 4 short to half century for Shane! forum record goes to Shane!

    [:D][:P]

    I won’t add new subject for forum! but I edit this message to some more comments.

    Shane is at 50 already! I think tomorrow Shooshie will be behind the Shane.

    and then I will start new post 1 to 1000 post by Shane in 2 days!

    [;)][:D][:)][8D][:P][:O][:0)][?]

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    August 25, 2003 - 6:49 am

    Yes you right Shane it’s not very impresive deal from +ve cash flow point.

    and I think Shane you are going to hit Century today only! [:D]

    Amit

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    August 25, 2003 - 6:38 am

    Hi Amit, the agent is giving me the following scenario, 185,000 price, 37,000 deposit, 148,000 loan at approx 6.6% over 30 years which equates to a repayment of 942.28 pm. The current rent after rates, body corp fees etc is 246.00 pw net plus deductions for building and furnishings – so to a very inexperienced beginner this looks like a +ve property – am I right? HG

    Hi HG,
    Lets calculate. 246*52 = $12792
    we will give 5% vacancy rate so this income will become $12152.

    so for each month income = 1012.70

    positve cash flow every month = 66.42

    according to this calculation there is +ve flow though not much. I think if there is good capital growth then this property could be good deal.

    but lets wait for other astute investor advice.

    Cheers
    Amit

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    August 25, 2003 - 6:02 am

    Hi Calron,

    Yes this error must be coming for every one. Being a Web developer I know there is something wrong in the folder/file where meetingpoints files sits.

    Cheers [:)]

    Amit

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    August 25, 2003 - 5:27 am

    Try this free one http://www.ez-rent.com

    [:)]

    Cheers
    Amit

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    August 25, 2003 - 4:40 am

    Hi Sooshie,

    Only read after your post[:P]

    “To teach is to learn twice.”

    I think this is aim for all the helpful people on this forum. Thanks to all

    Cheers

    Amit

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    August 25, 2003 - 4:34 am

    Hi HG,

    How your property fit into 11 second rule. or you are saying it’s +ve after tax?

    Amit

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    August 25, 2003 - 12:48 am

    I am with Brian.

    It’s all great! thanks to every one for spending their time to help others.

    Amit

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    August 25, 2003 - 12:45 am

    Hi Melaine and All,

    I think my post will be like that 0 to 1000 in 13.5 days ( for reading only ) [:)]

    It’s great to even read and learn all the post.

    Thanks to all!

    Amit

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    August 25, 2003 - 12:01 am

    Peter,

    This is Cool! [8D]

    Well done!

    Amit

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    August 23, 2003 - 1:16 pm

    Hi Guys,
    Some one on this forum write me about this free software you can have a look also.
    http://www.ez-rent.com

    I think it’s not bad and it’s free. Wow!

    Cheers
    Amit

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    August 22, 2003 - 2:49 am

    may be you guys are right but it’s not always few hour work. These agent some time come up with really good deal. Like recently there was a deal in NSW with 12% return and 11% below Valuation. How easy to find deals like that easily.

    I am checking lot’s of other topic in last few weeks people writing they can’t find a single positive flow property then for these people these buyers agent are not bad.

    Cheers

    Amit

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    August 21, 2003 - 11:45 pm

    Hi Rob,

    I think I know the same agaent he is in sunshine QLD. Allan his name I think.

    This group told me the same figures as you are giving. I couldn’t find any other +ve flow buyers agent if anyone else know pls let us know.

    Cheers
    Amit

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    August 21, 2003 - 5:38 am

    I am going to reply also i think about 60 times to get my 100 also!
    [:D]

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    August 20, 2003 - 12:28 pm

    [:D] No Cash, No Job, but interested in IP WOW! let me know also if you find the solution![;)]

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    August 20, 2003 - 5:56 am

    I Start the bid with $10.
    [:D]
    Amit

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