thanks for your comments.

steven, when i said borrow 100%, i meant using the equity as you mentioned, as a 20% deposit, and 80% lvr, but at the same time, by using equity, that 20% will still be borrowed money, therefore 100% financed for the property.

melbear, we have discussed moving, which has never been an issue for me, i have not emotional…[Read more]

i have been using the PAYG withholding tax form or whatever you call it for a few years now. and if you have a monthly commission and no IP’s it also works, although i also have IP’s.

one thing i have noticed, but have been fortunate due to overtime etc. is that you need to allow for medicare. after filling out the forms, the ATO works out a…[Read more]

i have read most of her books
they are good books, very easy to understand.
i have also had dealings with her company.
they are good for financial advice
they can organise finance for you.
they’re very good to talk to and everyone i have
dealt with in the last few years has been very
down to earth, and not opinionated or biased towards anything in…[Read more]

regarding the comments made about robert kiyosaki….. whether it’s a true story or not, someone said “you should read this” and i did, and my wife did, and from paying extra off our house each month (not a bad thing) we were motivated to do more. and if from one book, someone can be motivated to read more, learn more, invest, and plan to retire…[Read more]

alexander heights, perth, WA.
party party party

my 2 cents…..

as far as i was aware, if you have lived in a property and then decided to rent it out and move elsewhere, then you can claim any interest deductions on the property from the time it becomes and investment. depending on your strategy it could be a good thing (if there is still a lot owing) or if you own or have a low principal…[Read more]

manjimup, love the place, i was born there and most of one side of my family still live there, not that my word is anything to go by, but here is my opinion on manji…….
the timber industry is over and there are a lot of places to sell in town and surrouding country areas, although the returns can be good, most of the young people (future…[Read more]

the 11 second rule is explained in the book (0-130 properties….)
basically it’s about analysing properties for potential positive gearing in a small amount of time (11 seconds)
whether you divide the rent by 2 then times by 1000 or just times the rent by 500 you will get the same number (1000 / 2 = 500) it’s just easier to times something by…[Read more]