In the past Kalgoorlie had a declining Population..nowadays its making a turnaround and like everything else in WA has experienced some great CG recently..times are busy there (I was there this week)yields are still reasonable as well..

As far as Growth Areas..Google is always your friend ;o)

“Money is a currency, like electricity and it…[Read more]

Try http://www.reiq.com.au

Have you decided on anywhere specific in QLD or looking at the state as a whole?

What type of property are you looking for, something to reno, flip,wrap, Buy and Hold..Units, Houses, townhouses, aprtments areyou looking for CF, CG etc?

“Money is a currency, like electricity and it requires momentum to make it…[Read more]

Just as an aside, how many HDT’s would that accountant maintain and how many have they set up..Curious as to the accountants knowledge level and practical experience on the subject matter..??

My accountant told me years ago they dont set up HDT’s and have no experience in them, though he knew a bit about them they mainly did DT’s..he did however…[Read more]

I’ve locked in my equity and topped up my loans with my WA IP’s..

“Money is a currency, like electricity and it requires momentum to make it Effective”

Online Positive Cashflow and Renovating Calculators

I’d speak to Scott (aka Depreciator) – However if these are 40-50yr old properties with no renovations you may not have much depreciation claims

“Money is a currency, like electricity and it requires momentum to make it Effective”

Online Positive Cashflow and Renovating Calculators

I believe that people still use them to assist with servicing the loans; managed Funds are also popular

“Money is a currency, like electricity and it requires momentum to make it Effective”

Online Positive Cashflow and Renovating Calculators

Originally posted by elkam:
Either my calculator or my logic must be in trouble.

Based on both of the above is it really possible that in the first year you are actually paying 14% interest and it only goes up from there?

original loan $80,000
interest paid…[Read more]

I’d sign up for a year as well for $13 p/wk rent and a bottle of red[biggrin]

Redwing

“Money is a currency, like electricity and it requires momentum to make it Effective”

Online Positive Cashflow and Renovating Calculators

CONGRATULATIONS on reading Rentons book..not an easy read ;o)

“Money is a currency, like electricity and it requires momentum to make it Effective”

Online Positive Cashflow and Renovating Calculators

PropertyWA

Its worth Purchasing Dale Gatherumgoss’s book Trust Magic if looking at HDT’s

“Money is a currency, like electricity and it requires momentum to make it Effective”

Online Positive Cashflow and Renovating Calculators

where to go..straight to a good broker!

“Money is a currency, like electricity and it requires momentum to make it Effective”

Online Positive Cashflow and Renovating Calculators

IMHO most building companies are only as good as the team that does the work on “your” house..I’ve worked with companies in the past that have had Great and cr*p teams (out of the industry now)

“Money is a currency, like electricity and it requires momentum to make it Effective”

Online Positive Cashflow and Renovating Calculators

Ausprop may be able to give an ‘informed’ decision….I can only guess.

“Money is a currency, like electricity and it requires momentum to make it Effective”

Online Positive Cashflow and Renovating Calculators

You can do your tax return over the web as well..my prefernce is to use an accountant used to dealing with property investors and possibly an invetsor himself ;o)

“Money is a currency, like electricity and it requires momentum to make it Effective”

Online Positive Cashflow and Renovating Calculators

a schedule that gets smaller and smaller and smaller…..

have a look at http://www.depreciator.com.au and as a tip speak to Scott

ALSO get a valuation prior to renting out (may be needed for CGT later on)

REDWING

“Money is a currency, like electricity and it requires momentum to make it Effective”

Online Positive Cashflow and Renovating Calculators

Lots of Pro’s and Con’s (and i’m not talking Kings Cross or the local lock-up)

“Money is a currency, like electricity and it requires momentum to make it Effective”

Online Positive Cashflow and Renovating Calculators

GREAT TIME to lock in your equity and top up your loans if you have WA IP’s then ;o)

“Money is a currency, like electricity and it requires momentum to make it Effective”

Online Positive Cashflow and Renovating Calculators

many people looking at Melbourne as well(plus SA and NT still making moves)

“Money is a currency, like electricity and it requires momentum to make it Effective”

Online Positive Cashflow and Renovating Calculators

would love to go and catch up with you Cata..but i’m stuck in WA..

Redwing

“Money is a currency, like electricity and it requires momentum to make it Effective”

Online Positive Cashflow and Renovating Calculators

A Tip I read for when out and about on Family Excursions

KEEP IN TOUCH FOR FREE WHEN OUT AND ABOUT

Our family saves hundreds of dollars a year on mobile calls and I still havepeace of mind knowing my children’s whereabouts since we started using this clever tip. Instead of bumping up our mobile bills with all the usual ‘I’m running late’ or…[Read more]