redwing replied to the topic Where do you draw the line ?? in the forum General Property 19 years, 2 months ago
Don’t have that problem Dazzling, tenants look after the majority of those issues themselves (touch wood) I also must have good PM’s?
There sometimes seems to be small issues at the start of a tenancy, then nada..
With Commercial and Industrial properties how do you solve the issue of long term vacancies that seem prevalent amongst those typ…[Read more]
redwing replied to the topic Workers’ Compensation Insurance in the forum Help Needed! 19 years, 2 months ago
I’d wait and see what the outcome is..one of my PM’s notified me about 8-9 months ago..and suggested we get it, speaking to our other PM’s..the whole thing is still ‘up in the air’.
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 How To Stay Awake At Meetings/Seminars in the forum Forum Frolic 19 years, 2 months ago
How bout adding
“do you understand?”
and
“does that make sense?”
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 Found four undervalued properties in 2 days in the forum General Property 19 years, 2 months ago
Originally posted by Captain_Picard:
Hi Jah,To answer your question, I know these houses are good value, because the unimproved land value is close to the asking price of the home. The land value figures are accurate because I use the same database as Natural Resources and Mines, Australian Business Research and RP Data use.
VGO ???
Comparable…[Read more]redwing replied to the topic Workers’ Compensation Insurance in the forum Help Needed! 19 years, 2 months ago
Is this in WA..
It’s still up in the air from what I’ve heard??
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 advice needed in the forum Help Needed! 19 years, 2 months ago
Originally posted by RJW:
Ive bought a property in sydney some time ago and recently with my brother have set up a trust and company. I am wondering if any body knows the best way to put the title of my property in the companies name with out paying stamp duty ie can i sell the property to the company for like a thousand…[Read more]redwing replied to the topic HDT loan question in the forum Legal & Accounting 19 years, 2 months ago
Originally posted by Terryw:
Your wife would have to be on the home loan as she is on title.With the trust, the loan would usually need to be in the trust name with guarrantees from the trustee (or directors of the trustee company). So this would depend on how you have set the trust up.
Hi Terry, I believe one of the knowledgeable trust…[Read more]redwing replied to the topic Alternative to single HDT in the forum Legal & Accounting 19 years, 2 months ago
Hi Cata..
Prices were HDT with PTY LTD as well that people had set up(most people seem to be using this structure).
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 4 DAZZLING in the forum General Property 19 years, 2 months ago
Originally posted by Rob_W:
Hi redwing, I haven’t seen those figures – are they new? REIWA still has an article re: the June quarter as its headline on the front page with a median of $297,000.Any way you look at it, the Perth market is performing strongly. I hope it continues!
Saturdays West had the article, I’d guess it’ll be on REIWA…[Read more]
redwing replied to the topic Optimizing Solutions to Minimal Problems in the forum No Subject 19 years, 2 months ago
Yidin..
Have you checked out the RenoKings web-site?
I’m sure you’ll enjoy it if you like this type of thinking…
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 Alternative to single HDT in the forum Legal & Accounting 19 years, 3 months ago
PS-
CoastyMike..
No one visits us in WA..what was the seminar with Chris Batten like?
Any highlights or points of interest you’d care to share with us?
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 STUDENT ACCOMODATION INVESTMENT in the forum General Property 19 years, 3 months ago
One on-site accomodation area at a WA UNi charges $90 per bedroom, kitchen and lounge are shared facilities..everything is included in the price i believe(no a/c though)
I’m not a fan of managed apartments for a number of reasons, though..thats just me..
A lot of Uni’s are ‘loosing students’; Tafe are gaining students and there are many…[Read more]
redwing replied to the topic Alternative to single HDT in the forum Legal & Accounting 19 years, 3 months ago
Originally posted by coastymike:
Some of my clients do have an additional trust at the top being a unit trust. The units are then issued to the hybrid discretionary trust and special income units issued to the appropriate individuals. The benefits of this structure, although slightly more complex, is to allow the asset to be transferred to a…[Read more]redwing replied to the topic Company, trust or both??? in the forum Help Needed! 19 years, 3 months ago
Thanks once again cata
“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 4 DAZZLING in the forum General Property 19 years, 3 months ago
Median House Price in Perth hit $308,000.00 so up 23% for 12months..you’d be thinking there has to be a slow-down coming. Anyone expecting Spring to bring a lot more properties onto the market?
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 Company, trust or both??? in the forum Help Needed! 19 years, 3 months ago
Originally posted by Cata:
A trust is a legal entity and if all requirements ae met, can live forever just like a company. Liability can fall on the trustee(hence the company trustee worth $2) as the trustee makes all decisions for the trust.
CATA
Asset Protection Specialist
wardlecata@primusonline.com.auHi Cata..
In Rentons book on Trusts…[Read more]
redwing replied to the topic How do i minimise income tax? in the forum Legal & Accounting 19 years, 3 months ago
Originally posted by Dr.X:
and a better way of asking the same question isHOW DO I MAXIMISE MY PROFITS ON THIS DEVELOPMENT
that way the ATO dosent start jumping up and down
We buy properties in Adelaide. Immediate Cash Settlements, No Real Estate Agents, No Fees.
bricksnscience@optusnet.com.au
phone 0412 437…[Read more]redwing replied to the topic Alternative to single HDT in the forum Legal & Accounting 19 years, 3 months ago
[blink]Wow..60..at $2,500-$3,000 a *pop* for a Trust?
“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 Final Inspection Checklist in the forum Help Needed! 19 years, 3 months ago
As always an Interesting Post Dazzling;
Considering its the land that is the real value..the building is in a continual state of slow decay (that’s why depreciation happens)and you buy with a high land content I’d have to say your right on the $ with your thoroughness.. I should’ve been more specific and said a residential property.…[Read more]
redwing replied to the topic Company, trust or both??? in the forum Help Needed! 19 years, 3 months ago
Thanks Cata
As always your posts are informative.
I think when looking at your Investments Structure, thought should be given to the future and the benefits therein. After all, isn’t that what Investing is all about; looking towards future gains (whether they be increased cash flow, capital gains etc)? I’m learning as I get older that you…[Read more]
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