redwing replied to the topic Notes in Australia????? in the forum Finance 18 years, 10 months ago
Maybe look at Rick Ottons site or contact him?
QLD’s 007 may be able to assist
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculatorredwing replied to the topic Recent Property Prices in the forum Help Needed! 18 years, 10 months ago
No free lunches that I know off?
Some may give you a snapshot though..
Try homepriceguide
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculatorredwing replied to the topic Anyone used a Bungalow for +CF? in the forum General Property 18 years, 10 months ago
http://www.amitybungalows.com.au/forsale1.htm
http://www.beechworth.com/barnardst/
Couldn’t find much on Bungalows?
PS- Granny Flats are out; they are now called Self Contained Units I’m told by my sister who wouldn’t think of renting a “GrannY” flat
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count…[Read more]redwing replied to the topic Invest and rent: the new home solution in the forum General Property 18 years, 10 months ago
Investing in and renting the property you own sounds even better
Has its pro’s and con’s but if your a buy and hold person….
;O)
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculatorredwing replied to the topic aborigonal land councils in the forum Opinionated! 18 years, 10 months ago
From memory the La Grange or Lombadina Community (WA North West)used to own a Bankwest building plus a few rental complex’s in a booming tourist town
They also had a thriving watermelon farm with product sent to Perth and evryone was employed under CDEP
Think they had a smart accountant and were doing very well…
I believe the Government was…[Read more]
redwing replied to the topic HOWS YOUR YEAR GOING in the forum Help Needed! 18 years, 10 months ago
Originally posted by shaunwalker:
mines going crap [angry2]
business partner stole 500k and spent it at the casino, then sold off all the assets to hide it. i didnt find out for 6 months.
after selling everything i own (houses etc) i’m now minus 74k in debt [cigar]
i built a business before i can do it again.
just trying to get a higher paying job…[Read more]redwing replied to the topic Rent to Purchase Formula in the forum Creative Investing 18 years, 10 months ago
I’d use a HDT for IP’s and Shares to reduce tax..
I was going to say..you could’ve got burnt buying something like Sons of Gwalia(Mining) and lost out big time..but reconsidered, as I did buy them and sold at a profit prior to thier fall from grace some time back..
I like shares as well, but have a low risk tolerance I believe when it comes to…[Read more]
redwing replied to the topic Rent to Purchase Formula in the forum Creative Investing 18 years, 10 months ago
hi hb
From memory Loan was 100%, so none of our money apart from deposit..
Point taken re Shares, I sold out of MGX, REA, ZFX, ETR, PCG and a few others as triggers were fired some months back, I could’ve set profit stops but we wanted another Property (our preference)
Now thats all settled the goal is to leverage $100k into shares (80% so…[Read more]
redwing replied to the topic City of Swan – Any tips? in the forum Value Adding 18 years, 10 months ago
City of Swan- Any tips
RedHill and Bayswater
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculatorredwing replied to the topic selling house. Need advice in the forum Help Needed! 18 years, 10 months ago
Another reason why so many people are starting to sell privately as well..
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculatorredwing replied to the topic HOWS YOUR YEAR GOING in the forum Help Needed! 18 years, 10 months ago
Its going Great GR
Appraisals on IP’s coming in showing great CG, rents due to rise..over 1/2 way to my main 2006 goal and January isn’t even over !!
Serviceability still a problem, though I’ve had a job offer of which would mean $23k p/a extra (about $440 per week) problem is its dealing with problems and means less family time..something to…[Read more]
redwing replied to the topic I can’t find any investment properties!! in the forum Help Needed! 18 years, 10 months ago
Exactly prior to the resource boom Kalgoorlie was a town with a declining population (still dont think its much chop) However, I know people who have bought there over the last year or two for the cashflow and have been pleasantly surprised with the CG as well..(one has sold his IP’s a couple of days ago and putting money into spec homes into WA…[Read more]
redwing replied to the topic Land Title WA in the forum No Subject 18 years, 10 months ago
Originally posted by bindin46:
Can anyone help with this problem? My mother-in-law some years ago was renting council property that came up for sale at a discounted price, I took out a second mortgage on my house to purchase the discounted property in her name (to get the discount.) Now, how can I get the property in my name without having to pay…[Read more]redwing replied to the topic Richmastery Property Academy: 3-day course in the forum Heads Up! 18 years, 10 months ago
Keep us posted..
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculatorredwing replied to the topic Rent to Purchase Formula in the forum Creative Investing 18 years, 10 months ago
We bought a Worst House nearly 2 years ago for $158k..
People selling were moving back to NZ and had tried to update it by painting and gave up..paint on the walls extended to the old ruffled carpet, light fittings, curtain rails etc
So we preety much had to re-paint, pull everything up and start again..this carried onto the yards were we…[Read more]
redwing replied to the topic **PropertyGuru**&S.I.S New Positive Cashflow Rule! in the forum General Property 18 years, 10 months ago
Jaffasofts link at the base of my post is great for assessing IP’s also..
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculatorredwing replied to the topic the market cycle in the forum Help Needed! 18 years, 10 months ago
Doing the same as Derek, getting valuations done on IP’s as market is still rising here..I’ll then top up loans and then access the equity.
One of the IPs has gone from $220k to $250k in last 4 months
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculatorredwing replied to the topic Richmastery Property Academy: 3-day course in the forum Heads Up! 18 years, 10 months ago
Read some of Phil JONES books, look at Wealth Spy and get a feel for what will happen in the academy..even in NZ yields are dropping (though still good deals can be found)
Sign up for their free info including the 14 day trial of REVIQ (worth it)
As for +CF speak to Westan etc about deals they are sourcing or investigate Steve’s new area of…[Read more]
redwing replied to the topic WA Developments – worth posting? in the forum General Property 18 years, 10 months ago
Why not post them for comment?
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculatorredwing replied to the topic Setting up a Family Trust in the forum Legal & Accounting 18 years, 10 months ago
Please remember a Family Trust can only carry losses Forward Anita..hence the popularity of HDT’s with Investors as you can Negative Gear
RMG dont do HDT’s..Its worth speaking to a professional and get the right structure for your goals.
Your right Family Trusts are cheaper
REDWING
“Money is a currency, like electricity and it requires…[Read more]
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