Forum Replies Created
Off subject but
i remember a guy in Derby, WA, built a house out of old shipping containers..[blink]
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorAustralian Capital Reserve ACR 1800 002 009
Good call Geronimo
Think Bridgecorp offers 8.25%, also look at Finicorp and many others for Secured & Unsecured debentures, i’m sure there’s a plethora of them out there..
Remember the higher the rate, generally the highere the risks.
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorInteresting posts and something i was considering also when the baby arrives and we go to one income ..
Keep the replies coming, be interesting to find out more information on the subject..
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorWoW DD
Congratulations on your achievements and welcome to the forum..
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator*KEWL*
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorThanks Derek and Kay
Go for the Highest price Chan$..Makes you feel better, whether it’s true or not[biggrin][biggrin]
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorReminds me…..I’ll have to get my old coin collection and notes valued !!
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorDidn’t Dolf De Roos also Promote this concept in his book also, redrawing on the Equity of IP 1 , Then Next year IP 2 etc etc and back to IP 1 , wherein, if in a Growth area, by the time you get back to it, the Value has again increased.
– Not at retirement age, but think about my long term goals too..
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorKeep the property for the immediate future for the reasons listed above, by all means get a valuation done on the IP after your 12 months and reavaluete your options then..
Your first Tax return should be healthy, definetly get QS in. Dont change tactics just because you want + geared IP’s, you’ve done a deal, evaluate it again after 12months i’d say, build your Equity in it and later look at diversifying your portfolio..
Investigate SiS’s ideas of Offset Gearing [exhappy]
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorLOL – Laugh Out Loud …most common
ROFLMAO– Rolling On Floor Laughing My Ass Off“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorAlso… researching on the internet alone will not help in locating a lot of deals, as they aren’t marketed here..
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorDerek
ECU splitting Courses between Mt Lawley and Joondalup Campus, Churchlands will be empty supposedly be 2007, the land turned into housing estates.
Joondalup ‘and’ Mt Lawley Campuses will be Growing
Yarwood
Re Perth, i’ve noticed more properties for sale, and prices ‘dropping’ on several iu know off about $10K, in my local areas i’ve noticed in the last 12 months lots of Reno’s and Additions to houses..
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorAren’t Morals the teeth right at the back of your mouth ??[biggrin]
I’d buy the IP, offer it to them as a rental, pointing out they would be better financialy to ‘rent’ and buy a cheaper IP with thier hard earned dolllar$
[cap]
*Joking*
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorWhat i want to know is what was Steve doing ‘cruising’ E-bay looking at wedding dresses that fit a man built lke a Truckie !![blink]
Hmmmmmmmmmm
Ha Ha Ha
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorKool…… Glad it Helped[thumbsupanim]
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorThanks ALL, i’m sure some of the newbies will find these posts very interesting, i Am [biggrin]
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorYarwood,
Echoing Rugbyfans comments, you sound as if you’re a pretty switched-on individual and have a reasonable grasp of the Perth Market.Reading the ‘West’ of late Perth is now experiencing a ‘glut’ of properties on the market and price reductions in some cases. However, many projects North and South of Perth are still on the table.
The freeway extension behind Welshpool and towards Armadale will undoubtibly increase pricing in some areas with access being improved, the next “Hot” spot ? Dunno..[blink]
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorSome great post’s , looking forward to many more !
Great post re: your PM Derek, and keeping on top of things, it’s a ‘business’ after all and at the very least most of us have Thousands invested.
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 Jaffasoft:So you could be indeafinantly be paying of the $80,000?
Yes… I’d rather put any ‘spare’ money into my non-deductible loan on my PPOR, also quickly reducing the loan ‘and’ building my equity, does it worry me that i’m not reducing the principal part of the loan “NO”[biggrin]
As to paying it out with the capital gains..I’m not looking at selling.
Rents increase and the IP over time becomes more + geared, when i renew the loan “i may” if i wish reduce part of the principal then, say i renewed loan every 5 years and on that renewal, ipaid $5k off each time and ‘whittled’ the loan down that way..
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 gazzaa:do we have the house valued by valuers or can we have REs give appraisals would this be valid to the ATO also are there any other tax benifits avail
cheers gazza[confused2]Gazza..
Pardon my ignorance, but, Why does the valuation have to be valid to the ATO ???
I’d do as Derek suggests also and if using as an IP get depreciation schedule done by QS.
Great Equity achieved in your property now..
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator
