Forum Replies Created
Love to join..
But can’t fly over from Wa all the time [
]Guy’s your STUCK with me on the Forum
REDWING
Steve.. Good on you re the donation[^][^][^][:X]
“Money is a currency, like electricity and it requires momentum to make it Effective”
The door handles connected to a wire connected to a shotgun on a chair, which goes off blowing him to kingdon come..*sorry got carried away* [}
]was the person inside the room a man ?
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Elysuim-M
You have somegood ideas..enjoy reading your post’s..
My understanding if the Trust has been set up for specifically hiding assets, then you may still find these assets can be ‘reached’..
Also a question, would the benefits of constructing a Trust be more benefical to the high wage earner, for example, if you’re paying 30% PAYE tax, is a Trust therefore benefical to you, and if so, in what manner ??
The more you ask the more you learn-so i ask [
]REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
[
][][][]NO
But good luck..
REDWING“Money is a currency, like electricity and it requires momentum to make it Effective”
Today Tonight ??????
Watched it last night ( and taped it ) Nothing on Steve and MAP program *Bizaro world* must be running on a different Schedule in PERTH ??
[]????Oh well, off to visit the website for me i guess..
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
STREET2J
HA HA.. JUST GOT IT 2J [
]Nice area, friends just bought up there ( everyone else..No it’s not a Great + area..just his area he lives in)
The properties do ‘fit’ the Positive ca$h flow scenario ( $45-70 is a big price range thougfh for lower end of the market ?? 25k !!)
How about if you drop in a larger deposit.. covers you in emergencies of all types and improves your cash flow.
$47 a week, that’s okay for your outlay, others have – geared properties that return -$47+
Your expenses , interest etc are deductable also don’t forget..
Research the areas well, look at population trends, average rentals in area etc, and the towns population ( i.e -if a tenant leaves you need to be able to source others, or you’ve got an expensive Holiday home )
Feel free to PM me, i’m in Perth
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Expand your horizons..
Start looking elsewhere if you cannot find anything close to the 11 second rule, however remember it’s only a ‘filtering’ tool to source + cash flow deals.
Try using Steve’s rental yield calculator as well to eavaluate some of the deals your looking at, the more you sit down and put the figures into perspective on each deal and work out any net profit from the deals..or losses, the more comfortable you’ll be at reasearching and evaluating deals..
it’s a ‘learning’ process..even if you’re not ready to buy, start researching deals..try even your local Real estate agents deals..
Work out
what you can afford to loan
Purchase Price of properties
Average rental of those types of properties in the area
Deduct
property management fees
Rates ( Shire, Water )
Interest/loan cost’s
Insurance etcWork out your gains or losses..it’s cost you nothing..
Your just looking AND starting to Learn how to evaluate deals []REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
PERTH
ELLENBROOK- The new shopping centre starts construction, supposedly MYERS already commited, it’ll become the biggest shopping centre in Perth, Somebody from Multiplex is Changing his farmlet next door to a residential area ( 400 lots i believe ) and another land owner nearby is allready looking at doing the same..
MIDLAND- the Council etc ‘pushing’ for further developements here, Dept Of Land Administration allready here, Police Communications Centre now in Midland..and still cheap too, some social problem’s but hey, it’s not Redfern..
And The South West… Lots planned
The nature of this thread ?
Follow the Big money ?
can’t see it necessarily being ca$h flow positive..possibly ‘great’ growth though []REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Geo
Good post for those who can’t find + IP’s… they’re out there [^]
Good luck, maybe do the above and a ‘long’ settlement [
]REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
How many is enough ???
How long is a piece of string ?
seriously though a portfolio of different properties, all with different values and ‘going on’s’ i’d be like Westan and enjoy the journey as well as the Goal..
enough properties or ‘net worth’ to be able to work where and when you want to, enjoy life, once i’ve helped myself i’m sure i’d be a lot wiser for the journey and be able to assist friends and family [
]The investment’s would become the job, travelling around the Countryside looking at opportunities..sounds great to me [^]
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
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