A lot of cheaper areas playing *catch up* Capital Growth rise?

REDWING

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator

I agree,

I think its the time of year..

For myself I’m planning 2006, Cap Growth is going great guns here at the moment (4.4% last 1/4) and at 10% ($90,500 increase on my portfolio)for the year I’ll nearly hit my 2006 goal..

However, I’m looking at my other goals of leveraging into shares and another IP..

To that note I’m still active on the…[Read more]

Sounds fraught with Danger !

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator

I have the same problem at work, trying to convince the guys to use Word (Australian English of course)then “cut n paste” to a document

Plus when you tpye fsat you mak errurs

;o)

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator

I must be tired..

Why has Calvin got the 27.5k Loan..is it for when he is ready to buy an IP?

The other Loan $168k is P&I
(7% @ 25 yrs is $273.79 p/wk or $1,187.39 p/mth)

PPoR is $260k for arguments sake when completed and total loans are $168+27.5k =$195.5K

LVR = 75%
EQUITY= $64.5k

Is this correct or do I need coffee?

“Money is a currency,…[Read more]

One Page Only

I posted some info regarding Setting Goals in another thread started by Don in Forum Frolic that you may find interesting, for some people though the preference is to have a template that sets out the different areas you can establish your Goals in, hence the sorted link

GOALS LINK

I think its Outstanding that you surpassed your…[Read more]

One Template Coming Up

Thanks to sorted

REDWING

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator

How about your Goals Don, have you set them yet?

My Initial Goal re: Investing is to acquire $1M in Property Assets this year, Long Term it will be $1M in Equity ;o)

Sub Goals will be another IP in 2006 and leveraging into some Blue Chip Shares for yield..looking at how to bring these goals to fruition now..

If CG in WA is at least 10%, then…[Read more]

Great Start to 2006 SS

And at last someone doing large Commercial Deals to keep Dazzling Company ;o)

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator

I know you’ve been doing up your place Calvin, any idea of the current value?

If you can ascertain that then post the value vs the loan I’m sure that Derek and some of the great brokers here can give you further options, as I said before you may be surprised at what you can do (look out 2006)

Have a great New Years !

REDWING

“Money is a…[Read more]

Hi Strawberry,

Just a question..

You have an IP in Melbourne (Richmond, do you also have a Principle Place of Residence or are you currently renting?

REDWING

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator

I’m with Derek and prefer Interest Only; at this stage I’m not too interested in reducing the principal..

If need be you can have IO-FI Loans with the ability to pay a lump sum each year anyway, the Bonus is the payments are less each month, giving you additional income to invest with as outlined by Derek

Additionaly how much equity have you…[Read more]

Funnily enough John T Reed promotes his own books whilst giving the majority of others a hard time..

But always interesting for a read from someone else’s perspective..

Calvin, Guess thats why a lot of US books dont apply here, different lingo and systems including loans tax etc etc

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

Hi DD

Just a query

when looking at your rental returns/yield

i.e $100k IO loan on IP at $150 rent

$150x 52 =$7,800/7.8% Yield

When the IP goes up in value to $120k for example, do you still look at the yield against the loan or the new value?

Just wondering, I still look at it against the loan, but wondered what others do..

My yields…[Read more]

I believe it all gets apportioned cabo..

i.e –

Own the land for 9 years then build a house and live in it for a year, selling it after year 10…

CGT will be paid on yrs 1-9 only (you cant have 2 PPoR and your friend was living ‘somewhere’ prior to this), the value of the land should increase with a house on it though.

My thoughts only..speak…[Read more]

Values on My IP’s are still going up as are my rents, the median price in the area went up 4.4% over the last 3 months.

There are still areas out there doing well Capital Growth Wise in WA or NT

Someone once pointed out that you may be able to ‘ride’ the property cycle as it travels Australia

I believe that as values peak in regional areas in…[Read more]

Originally posted by jenwren:
Sad to say but the best deals are found on the street, no the internet.

Its great for researching potential areas and sourcing information though Jenwren..[biggrin]

REDWING

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator

Thanks for the links Auzzielad

REDWING

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator

Originally posted by Brisbane 04:
. At present the property boom is over and prices in some areas have stabilised or even fallen/This means being more creative in what you do and some of the methods you have mentioned is certainly ways of increasing your equity.

The Property boom is over ??[blink]

REDWING

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

Pretty much the advice I got from Margaret Lomas’s group some time back..however my finances were already set up that way at the time..the initial consultation was “free”

After that it got a bit expensive though, including yearly reveiws. I decided against looking into it any further, though see one of the franchisee’s from time to time around…[Read more]