Forum Replies Created
- Originally posted by kerwyn:
Hi All
I have spent a lot of time with Craig and I can tell you he is the real deal. He is straight forward and will not spin you any bull.
To all of you who have written derogatory post about Craig I have a simple answer? He is a millionaire many times over out of property investing and you are not?
When you get to his level I will only gladly listen to your views.I gotta agree with Dazzling Kerwyn..you’re now making broad assumptions regarding some of the people on the forum..
I enjoy listening to Craig on the radio, sometimes i learn something other times I could’ve answered the question that he couldn’t..but thats because we ALL have different levels of experience and knowledge.
I’m “certain” Craig could learn from some of the valued contributors here as well, you’d be amazed at the depth of knowledge on this and Somersofts forums..
If you are getting worth and enjoyment out of Craigs group..then congratulations and keep it up, its better than rotting in front of the TV watching neighbours…
REDWING
Kerwyn“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorThanks Dazzling..your a wealth of knowledge..
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorWe got a plumber to tap into the mains, did the retic ourselves and saved a packet..
Cant give you any good landscapers though Marisa don’t know any..sorry..
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorI agree Cata..
My Mortgage Broker is in Canberra and i live in Perth..distance is not an issue nowadays..
However, back when I first posted this I was looking for someone I could sit down and talk to in Perth regarding HDT’s and the ins and outs, since then I’ve recieved a lot of help from yourself and others on several of the issues and I’ve read Ed Burtons and Dale GG’s book..both have some great information and insights in relation to trusts , asset protection and structures..
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorC’mon over guys..push my CG up further [biggrin][biggrin]
After this new loan I’ll have to sit still for a while anyhow..
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorMarisa..
You’d be amazed how dangerous it is out there..there are many..many..scary stories of tenants suing..
Be Alert not Alarmed though..
Cata can give you some good info..
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorSorry for the brevity everyone else..Problem is I’m out and about and dont have any details on hand…
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorI’ve sent you a PM with some details..
However..do you want to Transfer all the IP’s into a Trust structure..(expensive with Stamp Duty)?
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorElbows..cheapest IP I came across a while back was $12k..It was +CFas well…but there were only about 30 people in the town..
ATM I’m getting great CG on my IP’s so am not even looking for +CF, the good ones are harder and harder to find, though I “know” some people on this Forum who serach hard find them..
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorThen thats a Bonus Perry and good on you mate…
At least your doing something..you will pick up tips and tricks from everyone..take what is useful and discard the rest..
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorSo…if your previous loan is only 2 years old then you can claim the other 3 years in your ‘next return’..plus tack on 1 yr of the 5 as Mark said of the new loan..
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorDo the sums though..as with everything else..
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorAdam when I’m looking at WA properties I look at replacement cost of about $700-800sqm for the house depending on the builder/house and look at comparative block prices to get land value…
Then look at Chattels value..for a ‘rough guide’..
Dont know how you’d go applying that to the North West and NT though..
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorSuburbs of Interest to us..
SUBURB Sales-FYMedian-Av Change FY-Av Ch5yr
CLARKSON Sales-259 FY-$215k Av Ch-19.4% 5yr Ch-14.3%KIARA Sales-40 FY-$250k Av Ch-15.5% 5yr Ch-12.3%
MORLEY Sales-439 FY-$272k Av Ch-17.2% 5yr Ch-13.8%
******[biggrin] Av Ch-18% 5yr Ch-9.5%
For DAZZLINGS Interest
DALKEITH Sales-76 FY-$1,300,000.00 Av Ch-8.3% 5yr Av Ch-11.6%
HOT WA MARKETS
Port Hedland (up 54.2%) Geraldton (up 40.3%) Augusta , Margaret River, Albany.. Broome returned to more normal levels, but First National REA have a vacancy rate of 0.0%
We seem to post lots of info re WA, how are the other areas such as the NT, QLD and Adelaide doing..?
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorPERTH PROPERTY
Perth Property surged ahead again in the June ¼
House Prices have doubled in the last 5 years Median in 2000 was $150k, now its nearly $300k, previously it took 12 years to double from $75k in 1988
Perth still has a stock shortage and the vacancy rate has fallen 0.1% to 2.5% weekly rents are up 13% for the FY.
Median house price (not average) climbed 4.2% to $297,000.00…up 16.5% for the year.
Jane Brook and Chidlow (Chidlow 58.1% CG for FY) had the highest CG for the ¼
Cottosloe joined the $1M CLUB with the median achieving exactly $1M for the ¼
Overall WA increase of 5.1% in the Median price for the June ¼ and 19.1% for the FY.
Median Perth House Sales $297k
WA House Sales $280k
Perth Unit Sales $230k
WA land Sales $138k
Vacancy rates 2.5%
Weekly Rent $189
Av Selling Days 50 daysREDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorVacany down-prices up- WA Continues to grow..
[lmao]Residential real estate in WA has entered a new growth phase, according to the June quarter 2005 market report by the Real Estate Institute of WA.
The real estate market in WA has not only resisted the interstate slow-down, the local market has actually stepped up a gear, said REIWA President Mr Greg Rossen.
“All sectors of the WA real estate market experienced strong growth in property values in the June quarter.
The June quarter saw a coming together of positive market influences, including continuing high levels of property sales to investors and first home buyers, and increased numbers of households trading up to more expensive locations.
“In the June quarter we saw a big increase in demand for properties in the higher priced end of the market, which has been lagging the rest of the market for some time.
“However the hottest markets were outside of the Perth metropolitan area, including Albany, Augusta/Margaret River, Bunbury, Mandurah and the Pilbara.
“Local and interstate investors hungry for affordable and high yielding properties, took a strong interest in regional WA in the June quarter.
“The main indicator of State real estate values, the REIWA median price of house sales in WA, rose 5.1% to $280,000 in the June quarter. The WA median house price rose 19.1% in the full year to June.
“The median price of house sales in Perth rose by 4.2% in the June quarter to $297,000. The annual rate of growth for Perths median house price was 16.5%.
“The median price of unit and apartment sales in Perth was $230,000 in the June quarter, which is 3.6% up on the previous quarter and 16.8% up on the previous year. The median price of inner city unit and apartment sales experienced a stronger growth rate, rising 4.9% in the quarter to $278,000.
“In regional WA the largest increase in median house prices occurred in Bunbury, rising 9.7% in the June quarter to $260,000. The annual growth rate for Bunbury was a staggering 39.8%.
“Other strong regional markets in the year to June, included Geraldton (median price $195,000 and 40% annual growth), Albany (median price $255,000 and 34% annual growth), Augusta/Margaret River (median price $366,500 and 32% annual growth), and Port Hedland (median price $287,500 and 54% annual growth).
“Land values also continued to grow in the June quarter, however the rate of growth in land values lagged behind the broader market.
“The median sale price of residential blocks of land sold in WA in the June quarter rose 2.2% to $138,000. The annual growth rate for the WA median land sale price was 16%. The Perth metropolitan median land sale price in the June quarter was $143,000 which is 10.9% up on the previous year.
“The WA real estate market continues to benefit from an exceptionally strong State economy, which is drawing in large numbers of interstate and overseas migrants.
“Western Australia also continues to offer some of the most affordable property investment opportunities in Australia.
“The are no signs of a weakening in the WA real estate market and there is enough positive momentum for the current strong rates of growth in property values to continue for the remainder of the year”, said Mr Rossen.
REDWING[thumbsupanim]
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorHi Perry,
WayneL’s a pretty cluey guy when it comes to trading so I’m inclined to listen to a lot of what he has to say on share strategies..visit aussiestockforums for some great posts on covered Calls and other share strategies from very knowledgeable investors..
Jamie has posted some of his thoughts and opinions here if you do a search, as with other guru’s his name comes up now and again..
I honestly dont know too much about Jamie, though did watch his DVD once and can say his marketing is OK ..he had the hot girls giving out free stuff at the money show.. ;o)
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculatorwhen you get the title Yack..frame a copy..dont laminate it..
Put the original in one of those Fireproof safe’s, or a hidden safe in the house..losing it in any form would be a problem.
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorQuartile property reports are ok, but i agree with talking to a few of the local REA’s they would know the ‘current’ situation..speak to a few and you may even find the odd friendly and helpful one.. ;o)
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculatorhttps://www.richmastery.com/nz/webshop/productinfo.aspx?content=reviq/overview
Great Calculator here.. you can get the trial version and other Free stuff..
Just used it for some projections on a property.
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator
