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Viewing 20 posts - 801 through 820 (of 2,376 total)
  • Profile photo of redwingredwing
    Participant
    @redwing
    Join Date: 2003
    Post Count: 2,733

    What suburbs..?

    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][biggrin]Sounds like a great weekend retreat LifeX..I’m jealous..

    Sounds like you’ve got a big fence to depreciate, have you thought about what else to do with the block (i.e Agistment 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

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

    thanks LB..

    I’m pretty happy with the deals i got with Bank B as we restructured the loans..paidout an IP and then made our next move (this next move is not with one of the big 4 or a major bank)

    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

    Cata and Coasty Mike are the resident Asset protection Specialists

    “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

    Did you try the search function? Maybe a moderator can help..i’ll have a look for you a bit later if possible.

    “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 like the area and have an IP there..

    CG has been great (about 17-18% for each of the last 2 years)

    Prices will move upwards as Ellenbrook and Vale (John Roberts of Multiplex ) continue to grow..PLUS you just know that the Swan Valley is getting bigger and better each year (as a bonus the Margaret River Chocolate Factory and Wineries, Cafés , Restaurants, The Vines Resort are all close by) PS_ Spring in The valley starts soon..

    I’m Bullish about the area and the new shopping complex, café strip etc at Ellenbrook.

    [thumbsupanim]

    “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

    http://www.cslegal.com.au

    *click* on “Show Entire Smile List”..Loads of Fun to be had Calvin

    [bandana][biker][bobby]

    [elvis][elvis][elvis][evil2]

    [gossip]Keeps me amused..

    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

    How much income is the house bringing in and how much are the cash cows bringing in?

    Did you say camping or property inspections?

    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 PurpleKiss:

    In WA I believe you can claim for half the fence form the new owner as long as they purchase the block within 12 months of you erecting the fence and as long as the fence is considered the norm for the area and the price was realistic.

    PK

    I agree with Pk in WA at least, you cant put up a clourbond fence and expect half if the ‘norm’ for a town is a cheap mesh fence (chook wire)..you only could recoup half of the chook fence.

    IMHO get in early and put the crappy side of a clourbond fence facing the neighbour [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
    Originally posted by sokos:

    Yipee – we’re in the process of acquiring our first I.P. soon to be settled. Congratulations Question – have heard that to claim repairs the property needs to be rented.I believe so as well Is it a requirement that it has to be rented for a certain period of time before repairs can be claimed.I dont think there is a “set in concrete” time period, however, an accountant may tell you 12 months..I dont think this is an ATO requirement though Have heard of an investor who ALWAYS rents the property to a relative for a week or so, then carries out maintenance and claims them as repairs to gain a full deduction, rather than a depreciation %. Is this treading on thin ice? Does the relative have the same surname [biggrin], what kind of repairs though..painting and maybe carpets or are you talking $20,000 replace kitchen and bathroom? Appreciate your feedback.
    IMHO ..look at the end gain..if its only a small amount of money , dont bother playing games..
    Cheers.

    js

    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

    IMHO If you’re seriously interested then chase up more details, if your not, then wait and watch.

    [grad]

    Steve’s last group seemed pretty happy overall and certainly enhanced their wealth creation strategies; I believe the majority of us enjoyed the last book?

    I’m always aware of the fact that Steve is open to huge and open criticism; I’m sure if anyone not happy whilst on the mentoring program spits the dummy, they will be airing their grievances here and on other forums we frequent…

    I wish anyone on the program the best of luck, we all started somewhere and every day someone posts here on the forum looking for help, a strategy, a plan etc, problem being most people starting out don’t even know what they don’t know.

    I’ve learnt a lot from valued contributors to the Forum, more than I’ve learnt from Steve’s books or newsletters.. However,I’m indebted to him (and Jan at Somersoft)for establishing the forum as he’s given us all a chance to learn from each others experiences and knowledge.

    Will I join the mentoring program..probably not; but as I said, I wish everyone on it the best of luck as I’m sure they will all benefit immensely, I have every faith they will learn a lot from Steve and his Team.

    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 Jim, I think most of the benefits (pro’s & Con’s)have been covered in the posts..?

    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 dont believe you can claim any of the trip unless you are visiting an existing IP..

    Doesnt matter if you bought 1 or 10 while you were there..I’m happy to be proved wrong 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 LB:

    ANd you still went with another bank!?

    Yes Home Loans Pty Ltd

    Is your mortgage advisor accredited with the “Non Bank Lender of the Year?”
    (Money Magazine 2005).

    Sorry LB You’ve lost me there?

    [blink]

    Banks are playing the blame game at the moment..I’ve got a signed letter from Bank A saying that titles for 3 properties were sent to Bank B as they have recalled the Security Package.

    [uhoh2]

    Waiting for Bank B’s response as they say they only recieved 2..

    Meanwhile i’m getting papers ready for DOLI to hedge my bets.

    “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

    Wife’s thrown the paper out benson..

    PM me your e-mail and I’ll send a copy..it’s definetly there though on the bottom of one of the pages about the size of a normal business envelope ??

    “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 calvin@thirty4:

    CS Legal

    C’mon – don’t hold back. Blow their horn….

    If that is advertising just PM me please. What do they charge?? How do I get into contact with them?

    Sorry, just being nosey. We have been using VIP Settlements very very nice ladies[gorgeous][heart][love] and very helpful!

    Cheers
    C@34

    Our greatest weakness lies in giving up. The most certain way to succeed is to always try something one more time.
    – Thomas Edison

    Hi Calvin,

    Initially we used CS Legal because my wife knows one of the girls there (netball team-mate) however, I was happy with the work they did, reports given and thier reputation so we’ve stuck with them..

    I’ll give anyone a wrap if i’m happy with the service..why not, word of mouth is a powerful tool,..ditto for someone thats scr*w*d you badly..

    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 brahms:

    redwing, how or why did bank b settle without title in the initial transaction?

    cheers

    brahms
    Purveyor of Fine Finances
    aka Mortgage Broker Brisbane

    [dazed]
    DUNNO Brahms..scotme stumped??

    I’ll ask them when I next speak to them; as it looks like I have to wait until they decide they’ve lost it..

    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

    GREAT WORK..

    “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

    We use CS LEGAL in WA to do our settlements, bonus is they are a solicitors firm as well.

    they’ve also given us documentation on the properties that other agencies have not done in the past, giving us some great info.

    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

    Its a big area..bradford Street one side, central av the other..Alexander drive down one side and ML Sen High School on another

    ;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

Viewing 20 posts - 801 through 820 (of 2,376 total)