Forum Replies Created
Sorry Real Estate Institute of Australia or Western Australia as the case may be..
“Money is a currency, like electricity and it requires momentum to make it Effective”
Online Positive Cashflow and Renovating Calculatorshaving a look at many REIA sites I think REIWA is one of the better to assist investors….we’re spoilt
)“Money is a currency, like electricity and it requires momentum to make it Effective”
Online Positive Cashflow and Renovating CalculatorsOne of the guys in “Ordinary Millionaires” had a similar outlook ASDF ;o)
“Money is a currency, like electricity and it requires momentum to make it Effective”
Online Positive Cashflow and Renovating CalculatorsSGIO for IP’s
Terri SCHEER (Underwritten by CGU) for LL
“Money is a currency, like electricity and it requires momentum to make it Effective”
Online Positive Cashflow and Renovating Calculatorswhere and how would you buy these 4 IP’s?
“Money is a currency, like electricity and it requires momentum to make it Effective”
Online Positive Cashflow and Renovating CalculatorsOriginally posted by celeste:Hi all
All this worry about the piddly little interest rate of about 7.5%
In 1990 I fixed my loan on 12% for 5 years and I thought that was good. It did go up to 17%[thumbsdownanim
this year my loans are fixed for 5 yrs at 6.99% that’s better![biggrin]
People still brought / built / rented houses etc then.
So why worry
Celeste
I heard that rates today..in comparison with many other factors are comparable to those days of 16-17%?
PS- what rate were 30 day bank Bills when rates were 17% ?
“Money is a currency, like electricity and it requires momentum to make it Effective”
Online Positive Cashflow and Renovating CalculatorsWe used to have PC Cops in WA ..not sure what its been replaced by, but you can get basic Crime Statistics from WAPOL for many areas..
“Money is a currency, like electricity and it requires momentum to make it Effective”
Online Positive Cashflow and Renovating CalculatorsGreat work Celeste
“Money is a currency, like electricity and it requires momentum to make it Effective”
Online Positive Cashflow and Renovating CalculatorsThere’s an e-mail, what am I chopped liver ???
(opens e-mails and hits “Steve” search)
Nope, Can’t find it, last e-mail was about Steve’s friend at the Coffee shop “Arthur”, which I found very interesting.
Anybody able to assist?
“Money is a currency, like electricity and it requires momentum to make it Effective”
Online Positive Cashflow and Renovating CalculatorsSo does BHP
Feel Free to add additional info here—>
“Money is a currency, like electricity and it requires momentum to make it Effective”
Online Positive Cashflow and Renovating CalculatorsIt seems you can still throw a dart at the WA Map and come up grinning at the moment..I believe that WOODSIDE have some interesting things happening soon in WA that will affect some areas positively (wink wink..ask no questions and I’ll tell you no lies)
“Money is a currency, like electricity and it requires momentum to make it Effective”
Online Positive Cashflow and Renovating CalculatorsOriginally posted by celeste:Hi all
At present I am primarily into +cash flow – buy , reno, sell. Though I am holding one for just over 12 months to lessen tax and I have one in Mandurah long term.
I like my returns realised – In the Bank!
Celeste
With you Buy, Sell, Reno, CGT costs would you not be better off accessing the equity to refinace rather than selling..you then still get the CG benefits?
“Money is a currency, like electricity and it requires momentum to make it Effective”
Online Positive Cashflow and Renovating CalculatorsI got lost, but would you look at pre-paying intertest for invsetments sake (say Monthly) would you repay the interest or capitalise it ?
“Money is a currency, like electricity and it requires momentum to make it Effective”
Online Positive Cashflow and Renovating CalculatorsOriginally posted by Daviddanae:Hi,
I don’t know the town from an investing point of view, although i hear the people in the town are somewhat strange, & some have 2 heads.[cigar]
Hope this helps.David
That would be Collie, but they are (both) very friendly..just dont stare at their six toes
In saying that , Collies growth has been phenonomal since i looked at it (as with Buunbury)..If i was Rich..I.. could be…Rich/er ?
PS – How does Manjimup or others compare long term and on average iwth a capital city like Perth, IMHO Country Areas seem to grow in spurts..timing is crucial and have we missed it ?
“Money is a currency, like electricity and it requires momentum to make it Effective”
Online Positive Cashflow and Renovating CalculatorsSteve has a new book coming ????
His blog on the PI web-page is about 5 months old (nearly half a year) so not sure what’s happening
“Money is a currency, like electricity and it requires momentum to make it Effective”
Online Positive Cashflow and Renovating CalculatorsOriginally posted by bladerunner:Quote:Originally posted by maxolau:
– You can also try to find a client for a wrap.I have heard that in WA to do this you need a specific course and 2 years real estate experience, or something like that.[blink]
Where did you hear that/
Speak to Dazzling about +CF IP’s or search the forums..in Perth itself though and for a residential IP..GOOD LUCK
“Money is a currency, like electricity and it requires momentum to make it Effective”
Online Positive Cashflow and Renovating CalculatorsOriginally posted by tammy:How about selling PPOR to trust and then leasing it back? Then transferring PPOR status to buy build sell projects (1per annum). I have asked 3 accountants about this and have recieved 3 different opinions, yes, no and yes but dont use a trust, just do it in your own name.
If any one has a learned opinion I would be interested. I am in muddy waters at the moment.
TammyHow about selling PPoR to trust and using the funds to assist in purchasing new PPoR?
The best thing about Trusts is thier flexibility as your needs change over time..IMHO its well worth talking to someone who knows what they are talking about re: Trusts and the variations within , many accountants don’t
“Money is a currency, like electricity and it requires momentum to make it Effective”
Online Positive Cashflow and Renovating CalculatorsLet us know how it goes, I think anything with Martin would be interesting at the moment
“Money is a currency, like electricity and it requires momentum to make it Effective”
Online Positive Cashflow and Renovating CalculatorsHaven’t looked at Manjimup, I did drive to Williams,lake Grace, Ravensthorpe, Hopetoun and a few others the other day for a look though
“Money is a currency, like electricity and it requires momentum to make it Effective”
Online Positive Cashflow and Renovating CalculatorsOriginally posted by Asian spirit:Have you thought about fitting permanent wired in smoke detectors, for their own protection, a few beers and a stray fag could result in a fire, and it’s your property that would burn down not theirs.As mentioned earlier encorage them to smoke outside
We had a tenant who smoked pull it apart (noticed by us after she departed; not be the PM who said “oh” when it was pointed out).
We have Smoke detectors in all IP’s and I think in some states its law.
I recall seeing a House on TV once that was yellow from theowners who had been there for 40-50 years smoking and turned the walls and cielings yellow.
I’d use both DrX’s and 007’s ideas to compliment each other, we always stipulate no smoking inside theIP’s, but as everyone has said you can’t stop them, same for pets, unless forbidden by Body Corp, so better to have fee’s for repairs/clean up written in
“Money is a currency, like electricity and it requires momentum to make it Effective”
Online Positive Cashflow and Renovating Calculators
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