Forum Replies Created
CGT is also applicable to your income and personal tax levels for the FY isn’t it?
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorCyclist..I dont think you can”flip” these blocks (clause in contract)..
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorHi KP, Marisa etc..
How ARE you affording all these blocks???
Are you “flipping” a lot of them, how about costs incurred etc??
My moneys getting tight, but I’m still looking ;O)
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorAgree, I enjoyed it as well
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorIMHO could be worthwhile..
Interesting ways of doing it with SMSF also..
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorOr..
Post general information here for various Mortgage Brokers to give an opinion..
Michelle, are your properties cross collateralised, maybe re-financing will free up some money to allow you to invest more?
Have a look at http://www.loansapproved.com.au (Ed NIXON) for a great article re X-Collateralising.
Re-Jigging your position can do wonders..
Plus, I’m sure if you ask the brokers there are some great products out there such as lo-doc, no-doc etc..
Just don’t overcommit.
I’m sure some of the great brokers here can assist.
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorHi Adrian..
Have a look at http://www.depreciator.com.au for information, you can also visit other sites that conduct this type of work such as BMT, Washington Brown, Deppro, Cast etc.. However, I use Depreciator and Scott (of Depreciator)from this forum has always been helpful with all of my assorted Questions.
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorOriginally posted by kenkoh2000:Originally posted by GPSNetwork:Well we and our clients have been utelising our extensive Research and negotiation power to buy in high growth, low cost, New & refurb developments in Qld & WA under $320k on regular bases. We don’t tie ourselves to any particular area which allows us to always choose the best deals as we are offered a fair bit all the time and we reject a whole heap too.
Roy H.
L.R.E.A., Dip FS (FP)Guardian Property Specialists (GPS) is a research-focused company that specialises in sourcing and providing residential investment properties Australia wide!
***************************************8
Hi Roy,1. I’m presently back in Singapore.
2. Can we arrange to meet up in person when I am next in Perth in early November 2005, to discuss our mutual interests, in property research and property investing in Perth/Australia.
2.My Australian mobile number is 0418758123 and my Perth home TEL/FAX : 08-93411236 and my email is [email protected].
3. Looking forward to hearing from you soon, please.
4. Thank you.
regards,
Kenneth KOHHi Kenneth..
I think Roy is in NSW not WA, but from my limited understanding has done a lot of research into QLD and WA and obviously believes in the areas.
Probably better for your own privacy to PM him your details than posting them on the open forum?
Regards
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorI was going to post some true stories I know of Celivia..then thought hmmmm might give people ideas..
;o)
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorAbolish Neg Gearing for ALL Investments..that’d be hard to pass IMO..Or are they just suggesting Property and we use our equity to Margin Loan up to our eyeballs in shares??
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorCONGRATULATIONS Dazza..you’ve earnt it!!
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorMust’ve been a slip when he posted KP, the initial Topic Heading shows WA ..??
I know several people that have IP’s in Kalgoorlie and they are happy with them and the returns, personaly I wouldn’t invest there (only because I like Bigger Cities, Coastal or River).
Kal used to be a declining population, I’m not sure what the stats are now..
As for some of the smaller areas out of Kal, IMHO they are riskier still, at the end of the day I guess it depends on your strategy, how long you wish to hold them etc 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“The real state of things; fact; reality; an accepted statement or proposition.” Some suggest that there is no true reality, only perceptions and opinions, while others argue that there must be some absolute basis. This being said, we can say that there are two diametrically-opposed beliefs related to absolute truth:
Either…
1. There are no absolutes that define reality. Everything is relative, and thus there is no actual reality. There is ultimately no authority for deciding if an action is positive or negative; right or wrong.
Or..
2. There are absolute realities, or standards, that define what is real and what is not. Thus, actions can be deemed right or wrong based upon how they measure up against absolute standards.
Or as I see it “Truth is -a fact that can be verified”? (or is that too simplistic?)
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorClear as mud..maybe you need an “inside man” who can post on their forum above ;O)..
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorShould have someone from http://www.depreciator.com.au at the property within a few days..the excel list is nearly organised and I’m ctaching up with a guy who runs a 7 day a week 2nd hand store to get some prices..
All is looking good so far, pity we cant post photo’s on this forum.. :o(
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorIMHO I’d up the rent to cover putting in an air-conditioner [smiling]
I’d think that the unit would probably rent out for a bit more as you have improved Security via the screens etc..the other stuff may just be put down to maintainence (what did the plumber say about the condition of the plumbing in the unit now?)
Do you think the demands were unreasonable, or are you happy that these items that may have needed fixing are fixed?
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorSee Bernard thinks WA people have had it too good for too long [biggrin]
He reckons we were kidding ourselves thinking we could always have cheap housing a stones throw from the beach, when its damn expensive elswhere..
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator[blink][blink]Now you’ve put me off my breakfast Dazzling..
We’re looking at the same kind of thing regarding some of our older furniture, which is still in good condition.
How did you go about establishing a nominal value for these items including crockery, kettles, utensils etc?
White goods will be easier to establish the value on, plus we’ll buy new kettle, toaster etc..
Beds, cupboards etc we will get prices on secondhand items (I like aphex’s idea of taking photo’s of the items..handy for insurance as well and I’m sure for a small fee a secondhand dealer will give me a price list on the items..)
I’ll begin constructing an excel spreadsheet for the items and establishing values.
I’ve had a look at several sites in WA such as
http://www.fhsa.com.au
http://www.radio-rentals.com.au
http://www.rentalsrus.com.auPretty expensive stuff if you ever decide to rent furniture..with this in mind, it may be an option to rent other IP’s with whitegoods or offer an option to buy; This could increase cash flow[upsidedown]on some properties….ALL our IP’s at this stage have single females or mothers in them, having Security Systems etc in the properties has attracted and kept them IMHO.
Thanks for the Tip’s [thumbsupanim] If you can think of anything else, feel free to post.
REDWING“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorHi LFA
Cost me about $140 for solicitors certificate for the loan, explanation of documents etc..
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorHow much are you paying in legal costs for these documents??
Shouldn’t be much I’d think?
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator
