Hi Rav
One of my work friend bought a taxi licence for $280,000 about 8 months ago and it has risen to about $360,000. Not Bad!

Dom

Copper mine set to boost north-west jobs

A mining company says up to 80 new jobs will be created when a new copper mine is opened in north-western Queensland.

Matrix Metals has announced it will mine its Mount-Watson/Mount Cuthbert Project, north of Mount Isa, with production set to begin by mid-2007.

Managing director Andrew Chapman says the…[Read more]

Here are a few i have found that probably all buisness related.

* An insurance agent who gets commission every year when a customer renews his policy
* A network marketing or direct sales rep’s income from her direct customers when they reorder product every month
* An aerobics instructor who produces a video and sells it at the gyms where she…[Read more]

How did you know i had some deviate sexual products?
Anyway its like owning a pub you will go broke.

Dom

[biggrin]

Now where should i write my 300th post

Dom [biggrin]

Thanks guys,

Funny enough i hate to sell when you have such a good income because you end up paying Tax, Agents ,banks,solicitors.

Even though you have made a large profit from your investment
But if you can get a greater income from your proceeds then the decision gets tough.!! Do you or dont you ? Should i have or should i not.?

Dom

[biggrin]

Simon,

thats a great way to make an income ,mayby you should give up mortgage broking and look at importing.

Dom [biggrin]

Thanks for your input everyone.
Some good options their but i think i will hold my proerties for long term until mayby the next property cycle.
I will just keep paying my home of, and see if i can buy any bargains with more + cashflow.
Would someone just tell me where though (LOL.)

Dom
[biggrin]

I would like to buy large quantaties of legal stuff and onsell for a profit.
But ether way if someone new the answer to this question we would all be wealthy people.

Dom [biggrin]

Hi,
Thanks for your input guys.
But a couple of questions come up from your posts. Is Capitiilsed interest tax deductible ? Would it not be better to refinance grab equity of ips and make lump sumpayment into your PPOR?
Terry how do you sell an ip into your trust? How do banks view this?
And Tax? And all my properties are in trust.

Dom [biggrin]

Hi Elkam,

I will soon reach my serviceability because i am in the process of buying .

Dom [biggrin]

Hi DlPP and DraconisV,

Thanks for the recommendations.
For the rental situation here in brisbane is very tight and rents are high so we have consiered this already and it would not be feasable. My loan on PPOR is high but we would have to rent at $250 to $300 a week, and you dont get much for this in my area. Dlpp i am not sure where you are but…[Read more]

Hi,

I read in the paper on the weekend that if you have a $250,000 loan with an offset account you would need a mininum of $13,000 in the offset account at all times to save on interest. Most people dont.
This would be costing you fees if you had under this amount in your offset account.

Dom [biggrin]

Hi Redwing,

This is an other article recently posted , i wonder where they will squeeze this one in.

Russian aluminium plant for Queensland

September 29, 2006 10:15pm
Article from: Agence France-Presse

Font size: + –

Send this article: Print Email

RUSSIAN aluminum giant Rusal will build an electricity power station and aluminum plant in…[Read more]

Cult, extortion, sounds good i must find out how to become a realestate agent then?

Dom [biggrin]

Thanks Terry,

I probably should have made the question a little more detailed.
Beside the conventional ways what else is their in the form of passive income. Is their any?

Thanks

Dom [biggrin]

Hi,

Alistair Perry is very knowledgable at,

http://www.town-planning.com.au/

Dom [biggrin]

Hi again,

Just saw this article today thought some of you mayby interested.

Dom [biggrin]

Mt Isa house prices up 7pc
Wednesday, 27 September 2006. 11:43 (AEDT)Wednesday, 27 September 2006. 10:43 (ACST)Wednesday, 27 September 2006. 10:43 (AEST)Wednesday, 27 September 2006. 11:43 (ACDT)Wednesday, 27 September 2006. 08:43 (AWST)

The Real Estate…[Read more]

Hi,

My guess is that it is catching up with the rest of the country especially WA. And considering rental yeilds are over 7% + i think it has a very long way to go!
People i talk to find it hard to beleive the rental returns.But their is not much left to rent and with the expansion of the mines and 600 new employees + families its only going to…[Read more]

Last Update: Tuesday, September 12, 2006. 8:20am (AEST)
Possible diamond deposit to be explored

An exploration company thinks it may have found new diamond deposits west of Boulia in far western Queensland.

Elkedera Diamonds conducted aerial surveys of the Cravens Peak area south-west of Mount Isa on the Northern Territory border earlier this…[Read more]