redwing replied to the topic $5.25 mil gain in 18 months! in the forum General Property 17 years, 12 months ago
Waiting for that fisrt $1M in Equity…then I be happy
“Money is a currency, like electricity and it requires momentum to make it Effective”
redwing replied to the topic $5.25 mil gain in 18 months! in the forum General Property 18 years ago
Hey, Money really does beget Money
“Money is a currency, like electricity and it requires momentum to make it Effective”
redwing replied to the topic whats best.. super or property? in the forum Help Needed! 18 years ago
With low funds in Super and having seen the years of -returns, my preference is for Property.
You definetly need to factor in many more things when comparing the two though and I’d defer to an someone more experienced than me
Our last IP was purchased for $290k, rents for $300 p/wk and we put none of our own money into the deal, 13 Months later…[Read more]
redwing replied to the topic Who is Dolf de Roos?? in the forum Heads Up! 18 years ago
“Money is a currency, like electricity and it requires momentum to make it Effective”
redwing replied to the topic Perth, Australia’s dearest capital city ?? in the forum General Property 18 years ago
45.6% CG for Perth in the last 12 Months and around 10% in the last 1/4 has done wonders for my portfolio.
Now looking elsewhere though for value as I’ve locked in my Perth profits
[strum][biggrin]
Not
[grrr]
our turn in the sun..
“Money is a currency, like electricity and it requires momentum to make it Effective”
redwing replied to the topic ABN in the forum Help Needed! 18 years ago
What Bootlace said
) “Money is a currency, like electricity and it requires momentum to make it Effective”
redwing replied to the topic Who is Dolf de Roos?? in the forum Heads Up! 18 years ago
from memory Dolf has a couple of books out (plus a US web-site) he’s into property in Las Vegas in a big way and a few developments…
He’s originally from NZ
Google is your friend so probably best to do a search
“Money is a currency, like electricity and it requires momentum to make it Effective”
redwing replied to the topic Reclaiming Settlement Fees in the forum No Subject 18 years ago
Originally posted by queengucci:
Hi ThereI am just wondering we you can claim settlement fees back for eg. stamp duty ect? is it after you have held the property for 5 years?
StampDuty….nope, see 007’s post; Bank Fees etc can be amitized over 5 years, or if you refinance before then they can be added into that FY and the new loan gets…[Read more]
redwing replied to the topic IS THE GREAT AUSTRALIAN DREAM FINALLY DEAD!!!!!!!! in the forum Help Needed! 18 years ago
Originally posted by emptypockets:
Just searched the internet and there are places in your area under $300K. I have no idea what you are on about.[biggrin]
I did the same thing..
Bunbury Prices (and the rest of WA) have been crazy of late..however, if your looking at purchasing somewhere to live rather than rent, then IMHO : Start out Small,…[Read more]
redwing replied to the topic Hybid Trusts in the forum No Subject 18 years ago
I dont undestand how what you’ve said gets the property into the HDT Trajic??
“Money is a currency, like electricity and it requires momentum to make it Effective”
redwing replied to the topic NUMBER CRUNCHING in the forum Help Needed! 18 years ago
You should be able to download a trial of PIA by Jan and Ian Somers to look at from thier site
“Money is a currency, like electricity and it requires momentum to make it Effective”
redwing replied to the topic Hybid Trusts in the forum Legal & Accounting 18 years ago
oops..just re-read your post, maybe you need to speak to an accountant well versed in HDT’s?
“Money is a currency, like electricity and it requires momentum to make it Effective”
redwing replied to the topic Hybid Trusts in the forum Legal & Accounting 18 years ago
Agree with Terry, Its most likely to late..the O&A would’ve been done in your name so you could potentialy pay Stamp Duty twice if you now put into the Trust..speak to your accountant
“Money is a currency, like electricity and it requires momentum to make it Effective”
redwing replied to the topic No doc Loan – House and Land Package in the forum Finance 18 years ago
Geez Marisa, You’ll have your own Suburb down there soon if you keep going at this rate :o)
“Money is a currency, like electricity and it requires momentum to make it Effective”
redwing replied to the topic Passive income apart from property? in the forum Creative Investing 18 years ago
Originally posted by crashy:
buy a currency pair which pays 6% interest, then leverage it 50x with marginhttp://www.posigear.8k.com
Positive Geared Share InvestingHuh ?
What dat ?
“Money is a currency, like electricity and it requires momentum to make it Effective”
redwing replied to the topic Depreciation specialists – should we use one? in the forum Help Needed! 18 years ago
Accountants used to do this in the past and now you need a specialist (Quantity Surveyor).
Would I use one? (Yes)
Do I use one? (Yes)
Who do I use? (Scott from the Forum and http://www.depreciator.com.au)
Am I happy with the service? (Yes)
Should you use one? (How old is the Property, have you done renos?)
Should you use Mine? (search the forums…[Read more]
redwing replied to the topic property only returns 4.4% in the forum No Subject 18 years ago
Originally posted by vyaw2003:
I have a property that only returns 4.4%. Is that too low? I have a loan on this. Should i sell ($120k) and use my money else where? was just worried that i will loose a few $$$ on selling and buying something else. I will make money on this property on its original purchase price.
Any thoughts?What was the…[Read more]
redwing replied to the topic Canterbury Property Services QLD in the forum Heads Up! 18 years ago
Search this forum, theres some information here that may assist..
“Money is a currency, like electricity and it requires momentum to make it Effective”
redwing replied to the topic Aust. Property Investor magazine figures dubious? in the forum Finance 18 years ago
REIWA shows the Median at $220k (At JUNE 2006 which is outdated as the market has been booming of late and seeming to slow to a steady pace now )and CG over the previous 12 Months at 41.94% and over Five Years at 20.95%
Great if you bought there 3-5 years ago :o)
“Money is a currency, like electricity and it requires momentum to make it…[Read more]
redwing replied to the topic Buyers agents in the forum Help Needed! 18 years ago
Two that I know of in WA that also get some press are the Hegney Group (Valuers as well) and PropertyWizards
Sorry, never dealt with either…
“Money is a currency, like electricity and it requires momentum to make it Effective”
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