redwing replied to the topic Units V Houses in the forum Help Needed! 18 years, 2 months ago
TerryW or Simon will be able to give some great advice regarding Loans..
As for Sydneysiders there must be some out there ?
And as for me..I’m in Ellenbrook WA and No not going to the Aspire weekend; wouldbe nice but dont have the time at the moment
“Money is a currency, like electricity and it requires momentum to make it Effective”
redwing replied to the topic Units V Houses in the forum No Subject 18 years, 2 months ago
How much has your Broker/Bank said you can loan on these properties under 50sqm?
Some Sydney Investors on this Forum may be able to give you more “local knowledge”re the area etc
“Money is a currency, like electricity and it requires momentum to make it Effective”
redwing replied to the topic Units V Houses in the forum No Subject 18 years, 2 months ago
Originally posted by queengucci:
Hi GuysI live in WA and are def priced out of the current market and looking to invest in other states.
I have my eyes on Sydney CBD because I believe it is under priced for an international capital city.
I really dont know what to look for because all I seem to be able to afford is a 1 bedroom unit in a high…[Read more]
redwing replied to the topic Your PPOR: Asset or Liability? in the forum Help Needed! 18 years, 2 months ago
I don’t know how many of you have read the original “Rich Dad, Poor Dad” book, where Robert Kiyosaki’s opinion is that your own principal place of residence is more properly classed as a liability than an asset, since it doesn’t generate passive income (forget about living off equity or hoping for capital gains in this instance).
I’m not sure if…[Read more]
redwing replied to the topic Martin Ayles in the forum Value Adding 18 years, 2 months ago
How did everything go with Martin Ayles and the seminars etc??
I think his strategy is a good one for the majority of the time, a search of theForums hasn’t shown a lot more information from Martin though.
Did anyone purchase his DVD set, if so any thoughts?
“Money is a currency, like electricity and it requires momentum to make it…[Read more]
redwing replied to the topic Sources of Trust info? in the forum Legal & Accounting 18 years, 2 months ago
Have a look at Chris Battens site as well as the Knowledge Centre..
My Personal Fave’s (Plus he’s a nice guy) are Dale’s Books Trust Magic and Tax Battles
I enjoyedEd Burtons Book from an Asset Protection view as well (pretty much anything on Trusts is interesting..though Rentons Book is hard slog)
“Money is a currency, like electricity and it…[Read more]
redwing replied to the topic How much can a bird-dog make(Brisbane)? in the forum General Property 18 years, 2 months ago
I’d be guessing people would want to know your track record as well; Westan did well as did MiniMogul amongst others, both are accomplished property investors as well..
“Money is a currency, like electricity and it requires momentum to make it Effective”
redwing replied to the topic Mortgage Reduction Plan in the forum Finance 18 years, 2 months ago
Originally posted by Josh-Prestigeloans:
^^^What richard saidRegards
Joshua McEwen
Finance Broker – WAhttp://www.prestigeloans.com.au
Brokers Lic 1297
Licensee Brett ChristieWhat Josh said [biggrin]
Maybe put that exhorbitant fee into an Offset Account on the PPoR, you can also have your wages go in there and take out the least possible for…[Read more]
redwing replied to the topic Land for under$150000 in Perth in the forum Help Needed! 18 years, 2 months ago
A few people have come unstuck with Land in Perth of late due to dodgy developers.
I looked at some land at one stage but the developers wanted a deposit as an “expression of interest”..imagine 100 blocks available, but 500 x $1,000 deposits taken, eight months later they return yours and say sorry, you missed out (along with 399 others), they…[Read more]
redwing replied to the topic Vale in the Swan Valley, Perth in the forum Help Needed! 18 years, 2 months ago
VALE has gone up 114% in the last 24 Months
Land by itself is not my preference though
“Money is a currency, like electricity and it requires momentum to make it Effective”
redwing replied to the topic BLOOD ON THE STREETS in the forum General Property 18 years, 2 months ago
Originally posted by lifeX:
Redbling,I always thought it was more about what they think you know about what they did that they shouldn’t have done. Even if you don’t know if and what they really did.
Or even if they didn’t really do anything but think that there may have been circumstances that may have been photographed that could have implied…[Read more]redwing replied to the topic Contractual Cooling Off Period for WA? in the forum Creative Investing 18 years, 3 months ago
Art would you word it that way ” a 21-day Due Diligence clause ” or would you be more specific?
“Money is a currency, like electricity and it requires momentum to make it Effective”
redwing replied to the topic How about this for an idea? in the forum Help Needed! 18 years, 3 months ago
hmm even at $0 in savings that gives you a LVR of 20%
Just a thought- You could look at refinancing and take out $150k which could effectively give you control of $180k worth of shares and a $300k IP?
You could also look at some of the Income Producing Share Funds with the money you get from refinancing?
Not saying that you should do either,…[Read more]
redwing replied to the topic Using the interest-free period to make money in the forum Finance 18 years, 3 months ago
Hey DV
Try doing a search on Still in Schools Posts; he had some great posts early on in the piece and who knows you may find a *gem*
“Money is a currency, like electricity and it requires momentum to make it Effective”
redwing replied to the topic they said 30% fall was impossible..yet we have 43% in the forum General Property 18 years, 3 months ago
I think Dazzling just replies in bold because of the new “wishy washy” backgrounds ?
PS- Is wishy washy a word?
“Money is a currency, like electricity and it requires momentum to make it Effective”
redwing replied to the topic Using the interest-free period to make money in the forum Finance 18 years, 3 months ago
If you take out Cash from your CC you Pay Interest from Day ONE
“Money is a currency, like electricity and it requires momentum to make it Effective”
redwing replied to the topic Perth BOOM in the forum Help Needed! 18 years, 3 months ago
I’m with Ausprop and Derek here..
The Reason you have the Profits(un-realised)is from the Capital Growth of these IP’s, so why not top up your loans and lock in your Equity?
Have you worked out your Selling Costs and once sold what then?
If you can achieve “better value elsewhere”then definetly look at the options BUT work out everything on…[Read more]
redwing replied to the topic Girlfriend don’t like my idea. in the forum Help Needed! 18 years, 3 months ago
I preferred “The Richest Man in Babylon†to “Rich Dad Poor Dad†but that’s just me..
IMHO dont worry about “convincing” her..that will just create pressure, we’re all Different and thats a Bonus.
“Money is a currency, like electricity and it requires momentum to make it Effective”
redwing replied to the topic Buying outer state in the forum Help Needed! 18 years, 3 months ago
Originally posted by Phorsha:
What are the most important things to be aware of buying outer state? Obviously I’ll be researching the suburb, organizing an architecture inspection and pest control report. What else…I’m thinking agents could do nasty tricks to me [thumbsdownanim
If you’re worried about realestate agents, a good buyes ag…[Read more]
redwing replied to the topic How does a friend make so much on one house? in the forum Creative Investing 18 years, 3 months ago
Not sure whats she means Mkc
Maybe as Tony said she has submitted a ITWV Form and recieves extra cash inher hand each pay packet..
We’re just making educated guesses though without knowing all the info..not sure what the 3 monthly chq is a about; is this property residential?
If she wont give any more info i wouldn’t worry about it and move on…[Read more]
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