Hi Everyone,

My partner and I just meet with Jovic accountants in Geelong Yesterday.
They are part of Bantacs group. (worth getting Noel Whittaker book)

we were very happy with responses to questions we had before we meet them, and the planning options put forward.

they also do not do free consults, but if you go prepared with your questions…[Read more]

Thanks Terry, no I did not make that distinction in my post, but wasn't really where I was going
 

Thanks Richard,

Is this likely to be a major road block/barrier? or is it a registration and approval process?

Can you point me in direction of where I can find information on criteria I need to meet to become licensed?

Cheers
Ritchie

I have the following skill and knowledge, and license in regards to vendor finance

1. little or
2. very little
3. most would say none.

hence I am looking at employing an "experienced and qualified person" to facilitate the transaction 

I am examining if this is a viable exit strategy for this property.

This appears to be a way to maximise my…[Read more]

Hi Jary,

Welcome, you've done the hardest part and that's ask the question…

a VERY ROUGH way to work out cash flow is using the 1% rule.

there are few threads on it in the forum.

Take it with big gain of salt, as there are buying costs, holding cost, deprecation, maintenance, interest rate changes etc.. etc.. to factor in

if the figure is…[Read more]

Jim, be very careful on how you proceed with this.
It can land you in a lot of hot water with the ATO. and on the face of it (if you do not declare the facts, it is fraud)

As stated in requirements of the grant (which is a reasonable sum of money, please don't forget this. Its a privilege in Australia not a right) you must reside in the property…[Read more]

Hi guys, 
I have started, and the amount of work gone into producing the resources is fantastic.

You receive a folder with a large amount of reading materials, broken down into simple easy to manage modules and sections.

a private login to online resources to recorded webinars, Q&A sheets etc..

There are people in the office you can phone…[Read more]

Hi Tom,

I congratulate you on entering the property investment world early in life.
It looks like you have the drive to research and understand what you are getting into, which will put you in a great place in the future.

I have made some errors along my journey which I would like to share with you and some things I have learnt;

1) be very…[Read more]

He has provided me with some borrowing options with my current structure, and is able to assist with borrowing through a Trust if required
Moreover, now that I am looking at the next step up, my basic understanding is I need to structure to protect myself, and my assets better than my current setup.

So here I am.

I'm fast coming to the…[Read more]

Cheers 007,
I have started to put together a good team,
I have a very good finance broker who is the process of establishing finance.
However, before I wish to proceed I want to ensure the account / business structure is correct

One thing I am trying to learn more about is the Trust Deed, and any terms I should or should not include

Cheers

Ritchie

Hi Terry,

The LOC was set up to have a clear separate investment transactions account, and not to be mixed with personal spending.
Also a buffer for when I am not able to keep a close eye on the balance, as I am often away.

As I have reached a point where I am assessing my current structure with the mind set of becoming a property developer.

I…[Read more]

Hi Richard,

I am very interested in your information;
unfortunately I get an error the document I am looking for does not exist.

has it been removed?

cheers
Ritchie