redwing replied to the topic BLOOD ON THE STREETS in the forum General Property 18 years, 3 months ago
Originally posted by tony wpb:
. Its not what you know it is always who you know.I always thought it was “Its not what you know or who youknow..its what you know about who you know” [biggrin]
Great post Tony
“Money is a currency, like electricity and it requires momentum to make it Effective”
redwing replied to the topic Property Investment Software in the forum Creative Investing 18 years, 3 months ago
Have you had a look at Richmastery’s REViQ Tony?
Is it for constructing projections or maintaining your portfolio and covering tax implications etc etc
have a look at http://www.excelaustralia.com.au as well, plus Ezy Rent has a good programme available at Peach Home Loans (and posts here)
“Money is a currency, like electricity and it requires…[Read more]
redwing replied to the topic My strategy of beginning in the forum Help Needed! 18 years, 3 months ago
Originally posted by tony wpb:
Learn about rebates in property. I will explain more shortly…With the low capital it is more difficult but a rebate could help.
Determine the value of an property only via a recognized bank panel valuer. Valuers can tell you which bank panels they represent.
Your job is to find a property at say $300k , offer…[Read more]redwing replied to the topic My strategy of beginning in the forum Help Needed! 18 years, 3 months ago
He Ya go DV
Check out this Thread for a Scenario
Somersofts PIA and something like REViQ are great for projections as well
“Money is a currency, like electricity and it requires momentum to make it Effective”
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
Audrey..
I’m with PropertyWA, she was probably talking about the increase in equity?
I’m also not sure about the $100k per annum comment,we earn “much” less than that and are now on one wage(for the last two years with a new bub), however, in January this year we worked out we had made about $90k in the previous 6 Months (unrealised gains as its…[Read more]
redwing replied to the topic looking for a start in WA in the forum Help Needed! 18 years, 3 months ago
what price are you looking for with apartments in Perth Metro..are they managed apartments(old hotels)?
“Money is a currency, like electricity and it requires momentum to make it Effective”
redwing replied to the topic What is the benefit of a trust when borrowing? in the forum Legal & Accounting 18 years, 3 months ago
what is folder 2?
“Money is a currency, like electricity and it requires momentum to make it Effective”
redwing replied to the topic Silly Questions in the forum Finance 18 years, 3 months ago
let make it three
Serviceability [biggrin]
I like Terrys example and it spells it out pretty clear for me (thanks Terry)
“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, 3 months ago
Originally posted by Dr.X:
Great post DLPP,If you read through the threads, there are always people asking where the positive cash flow properties are or whether it’s the right time to buy or trying to predict whether we are heading for a boom or bust. While all these people are speculating and waiting for the right time, others are taking…[Read more]
redwing replied to the topic Want to knoew if a charity can be a beneficiary of in the forum Legal & Accounting 18 years, 3 months ago
I believe that a Charity “can” be a beneficiary, worth checking with someone who fully understands the structures though
“Money is a currency, like electricity and it requires momentum to make it Effective”
redwing replied to the topic Am I going mad? in the forum General Property 18 years, 3 months ago
MAD
Many Additional Dollars
Sounds interesting..where to from here for you?
“Money is a currency, like electricity and it requires momentum to make it Effective”
redwing replied to the topic Carport to Garage worth it??? in the forum Value Adding 18 years, 3 months ago
Gotta admit, I’m with Wylie, it may be worth doing a feasability study to look at converting it to a room and adding a carport or garage out the front at the same time..I’ve seen it done before to both increase rent and value
I’d go through council as well..not worth the drama’s in the long run
“Money is a currency, like electricity and it…[Read more]
redwing replied to the topic Rental software in the forum No Subject 18 years, 3 months ago
have a look at http://www.excelaustralia.com.au or go to Peach home loans for Ez_rents free software (or search here)as well to have a look at 2 others
“Money is a currency, like electricity and it requires momentum to make it Effective”
redwing replied to the topic Michael Katsis in the forum No Subject 18 years, 3 months ago
Have you got a link for this from Hans?
“Money is a currency, like electricity and it requires momentum to make it Effective”
redwing replied to the topic Accountants- I feel somewhat ripped off in the forum Legal & Accounting 18 years, 3 months ago
Not the norm for me- Imust be lucky and have had “reasonable” accountants..no dodgy bills for phone calls, writing letters to the bank and such..
“Money is a currency, like electricity and it requires momentum to make it Effective”
redwing replied to the topic Registation of ABN in the forum No Subject 18 years, 3 months ago
I made mine ‘very’ generalised Jaffa as and set up as a sole trader..also set one up through the accountant for a pty ltd with a generalised name (after much trying and variations)that lent itslef to all forms of investing
“Money is a currency, like electricity and it requires momentum to make it Effective”
redwing replied to the topic Any Other Real Estate Forums? – For Free Guide in the forum General Property 18 years, 4 months ago
Dan has posted many great links on this site if you use the search function at the top
regards
“Money is a currency, like electricity and it requires momentum to make it Effective”
redwing replied to the topic Are Steve’s methods still applicable today? in the forum Help Needed! 18 years, 4 months ago
I’ve tried to read Rich Dad Poor Dad two or three times and never quiet “got into it”??
There are many other great books out there though a search on the Forum should provide some feedback on these..
“Money is a currency, like electricity and it requires momentum to make it Effective”
redwing replied to the topic Perth Agent’s Commissions in the forum General Property 18 years, 4 months ago
2.5% to 3% and NEGOTIATE
Most REA’s are desperate for listings and taking to cold calling and other strategies with the lack of properties on the Market nowadays as well the great CG of late meaning more $$$$’s and they want a piece of the action..
“Money is a currency, like electricity and it requires momentum to make it Effective”
redwing replied to the topic Right time to invest, Interest rate rise ? in the forum No Subject 18 years, 4 months ago
Originally posted by jazzboy323:
Hi, I am a newbie to IP. is it the right time to invest now in Brisbane or wait for couple of months ?I have found a good IP in an good area but stuggling make a buy decision. I have read some articles stating that the interest rate might rise to 10% within next 2 years.
My goal is to keep an IP (townouse)…[Read more]
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