Forum Replies Created

Viewing 20 posts - 561 through 580 (of 2,376 total)
  • Profile photo of redwingredwing
    Participant
    @redwing
    Join Date: 2003
    Post Count: 2,733

    I think they are 50c at REIWA in WA..though they dont like giving them out.

    However, once you have one..HP is your friend ;o)

    REDWING

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

    Profile photo of redwingredwing
    Participant
    @redwing
    Join Date: 2003
    Post Count: 2,733

    Family Court has a lot of Power Cabo and I believe can roll back many protection mechanisms..

    The best way out is stay single if you worried about this ;O)

    otherwise, IMHO look at the other benefits different structures can offer rather than their limitations.

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

    Profile photo of redwingredwing
    Participant
    @redwing
    Join Date: 2003
    Post Count: 2,733

    You know what they say “if it were easy..everyone would be doing it”

    I believe Steve’s strategy has evolved somewhat ganakars..finding +CF IP’s is definetly harder but not impossible (speak to Westan, Auzzielad, Dazzling, QLD’s 007 etc)

    Finding residential +CF IP’s in Perth nigh impossible now, even a bit further afield, though I’m sure if you startlooking in towns of 30-300 people you will still find them (would you want them though?)

    REDWING

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

    Profile photo of redwingredwing
    Participant
    @redwing
    Join Date: 2003
    Post Count: 2,733
    Originally posted by kp:

    How about:
    Asset Protection
    Wealth creation
    &
    Maximum Flexibility

    The last one is with reference to maximising tax benefits ( neg gearing properties in a trust structure)as well as minimising the flow on effects of capital gain ( upon selling), as well as being able to change your properties from ‘trading stock’ to ‘buy & hold’ stock without penalty, and under the same structure…

    This is what they were alluding to..

    kp

    Add Succession Planning into that mix KP [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

    Profile photo of redwingredwing
    Participant
    @redwing
    Join Date: 2003
    Post Count: 2,733

    dnt worrie ti appens to all of uz..just confused me with the initial posting thats all.

    so no course then?

    Thanks Michael

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

    Profile photo of redwingredwing
    Participant
    @redwing
    Join Date: 2003
    Post Count: 2,733

    I look at it from a Wealth Creation Point of veiw ;o)

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

    Profile photo of redwingredwing
    Participant
    @redwing
    Join Date: 2003
    Post Count: 2,733

    Thanks resi..

    I liked the individual lino strips that are wood grained, but went with a slightly cheaper product that still matches the benchtops etc..

    REDWING

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

    Profile photo of redwingredwing
    Participant
    @redwing
    Join Date: 2003
    Post Count: 2,733

    I did some time back KP, the answer was non-comital (thats why this post)but asking me to book a meeting at around $220 from memory (I’ll have to find the e-mail)

    REDWING

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

    Profile photo of redwingredwing
    Participant
    @redwing
    Join Date: 2003
    Post Count: 2,733

    I’m currently getting all of my IP’s revalued and I’m expecting further great CG on ‘all’ of them :o)

    Then I’ll see where I stand again before the next move..

    REDWING

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

    Profile photo of redwingredwing
    Participant
    @redwing
    Join Date: 2003
    Post Count: 2,733

    So is your initial post then Michael as you mention the Investing Course???

    We are foundation members of the PIAA – Property Investment Advisors Association whcih is hoping to be the self regulating body.

    It also has also launched the first proeprty investment course
    http://www.theage.com.au/news/business/property-investment-course-a-first/2005/11/14/1131951100063.html

    Hopefully things are changing for the better.

    Michael Yardney

    Anyhow…

    I think the PIAA is a step in the right direction at least, keep us posted.

    REDWING

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

    Profile photo of redwingredwing
    Participant
    @redwing
    Join Date: 2003
    Post Count: 2,733
    Originally posted by MichaelYardney:

    It also has also launched the first proeprty investment course

    http://www.theage.com.au/news/business/property-investment-course-a-first/2005/11/14/1131951100063.html

    Hopefully things are changing for the better.

    Michael Yardney
    METROPOLE PROPERTIES
    Author of Australia’s leading property e-magazine.
    Join over 10,000 readers each month.
    FREE subscription http://www.metropole.com.au

    I was refering to this Michael..??

    [It also has also launched the first proeprty investment course

    THE Property Investment Association of Australia will launch Australia’s first accredited property investment course today as the Federal Government considers calls for stricter controls over the industry.

    The course developed by Deakin Prime, Deakin University’s corporate arm, is the first accredited training that comprehensively covers all aspects of the property investment industry. A parliamentary joint committee inquiry into the industry has recommended advisers should have an Australian Financial Services licence.

    Association board member Noel Browne said the course would provide accreditation requirements for the licence.

    The Federal Government is yet to make a final decision on the inquiry recommendations, but it is widely tipped that some form of regulation controlling investment advice will be implemented.

    Mr Browne said the course included five modules to be completed by distance education, which would take about six months.

    The accredited course has been aligned with the Financial Services Reform provisions of the Corporations Act and with Australian Securities and Investments Commission training requirements for regulated financial services.

    Mr Browne said the course had been developed as a benchmark of knowledge and skills

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

    Profile photo of redwingredwing
    Participant
    @redwing
    Join Date: 2003
    Post Count: 2,733

    No..

    Looks good though !

    REDWING

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

    Profile photo of redwingredwing
    Participant
    @redwing
    Join Date: 2003
    Post Count: 2,733

    Thanks for that Tools..

    Bunnings guys had no clue about Ardit (they’d never heard of the product at the trade desk), they’d actually sold out of all concrete as well (busy times).

    REDWING

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

    Profile photo of redwingredwing
    Participant
    @redwing
    Join Date: 2003
    Post Count: 2,733

    Why not go to Dale direct at http://www.gatherumgoss.com and order it there?

    REDWING

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

    Profile photo of redwingredwing
    Participant
    @redwing
    Join Date: 2003
    Post Count: 2,733

    Floor is concrete..

    I’ve used Builders Bog to fill in gaps left by the old carpet ‘securing-board’ thingies ;o) and sanded these flat.

    REDWING

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

    Profile photo of redwingredwing
    Participant
    @redwing
    Join Date: 2003
    Post Count: 2,733

    Turns out he bought one of the properties and the whole complex sold out within the day??

    I was right with the $1,000 deposit and his first payment is 6.5% in April, then it is construction costs in stages with the complex to be finished before the years end (06)

    REDWING

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

    Profile photo of redwingredwing
    Participant
    @redwing
    Join Date: 2003
    Post Count: 2,733

    Hi Michael,

    TAFE in Perth and Adelaide have been running a property Investors course for a while now as well as a Real Estate Agents Course (REA Course would be in competetion to REIWA).

    However, In saying that I wish you all the best..keep us up to date with the PIAA – Property Investment Advisors Association; is it going to be Australia wide?

    REDWING

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

    Profile photo of redwingredwing
    Participant
    @redwing
    Join Date: 2003
    Post Count: 2,733
    Originally posted by MichaelYardney:

    Redwing

    The trust is specially usueful for proeprty investors with special provisions for land tax and distributing income even before the property is positively geared.

    I haven’t seen a trust deed but it has QC approval as a legitimate tax effective document.

    Michael Yardney
    METROPOLE PROPERTIES
    Author of Australia’s leading property e-magazine.
    Join over 10,000 readers each month.
    FREE subscription http://www.metropole.com.au

    Its not just “fancy marketing” of something already available from other people is it Michael?

    REDWING

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

    Profile photo of redwingredwing
    Participant
    @redwing
    Join Date: 2003
    Post Count: 2,733

    [biggrin]

    You’re not just a pretty face are you gross!

    REDWING

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

    Profile photo of redwingredwing
    Participant
    @redwing
    Join Date: 2003
    Post Count: 2,733

    Found this whilst “googling” any other info or “tips n tricks” welcome..

    Concrete Slabs
    Concrete Floors should always be clean, smooth, free of dust and concrete powder, cracks, wax, oil and paint etc. Concrete slabs should first be checked for moisture using either an Hygrometer or Electrical Resistance Test Meter. The floor is considered acceptable if its relative humidity does not exceed 70% or its moisture content does not exceed 5.5%. As a “Rule of Thumb” a 100mm thick slab will take 4 months to dry sufficiently for the installation of linoleum. Concrete slabs may need to have moisture barriers and cementitious leveling materials screeded on them to provide an acceptable surface. Polymer Engineering always recommend the use of Polymer Engineering’s 6000 Floor & Wall Primer at the rate of approx 10m_ per litre prior to the application of the linoleum adhesive.

    STORING & CONDITIONING LINOLEUM
    Rolls should be stored in an upright position in a dry, moderately even temperature room. They should be rolled out, measured to room lengths, cut off, individually marked, rerolled and stood on end, preferably for 12 hours to allow them to acclimatise to room temperature and conditions.

    I
    NSTALLATION
    Roll out the lengths of linoleum in their predetermined places, trim the head ends to length and wall contours. Re roll the rolls to about half their length, sweep the floor, and remove any dust etc.

    Spread Polymer Engineering 130 Linoleum Adhesive at the rate of 2.5-3m2 per litre using a 2.4 x 2.4 x 2.4mm “V” notched adhesive trowel. The adhesive should cover 100% of the exposed floor area which is to be covered by the linoleum.

    Always follow the adhesive manufacturers instructions. Lay the linoleum into the wet adhesive pushing out any air bubbles ensuring a full bond of the adhesive between the linoleum and sub-floor with the soft smoothing board.

    Roll up the other half of the linoleum and spread Polymer Engineering 130 Linoleum Adhesive to 100% of the balance of the floor to be covered.

    Again push out any air bubbles ensuring a full bond of adhesive between lino and sub-floor. Trim the linoleum to length and wall contours using a scriber and knife. Trim the linoleum widths using an under and over scriber and hook blade knife.

    Roll the linoleum in both directions using the 45-50 kg linoleum roller and the seams with the small seam roller.

    The linoleum seams should be grooved using a hand grooving tool, linoleum dust and scraps blown away and the seams welded with a hot air welding gun and rod at approximately 2-3 meters per minute at 400-500°C.

    The excess weld rod should be removed using firstly a guide plate and half moon knife and when the seam has cooled use the half moon knife to trim any excess weld rod.

    Skirting/linoleum corners may be sealed with a mastic sealer similar in colour to the floor covering.

    Linoleum may be installed with coving, boarders, motifs and inserts which greatly enhance the appearance and durability of the floor.

    Linoleum may be installed with conductive adhesive and copper strips. For more information on this type of installation, contact your linoleum distributor.

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

Viewing 20 posts - 561 through 580 (of 2,376 total)