Hi Josh,

Thank you for your reply.

My friend and I are both in the construction industry working for a head contractor with a pool of prequalified subcontractor builders to choose from, this ensures extremely competitive pricing and top notch quality so it would be hard to find another builder who could beat this, also the relationship is second…[Read more]

Hi Jamie

Sorry I was referring to his ability to draw on the valuation for his deposit in lieu of reaching into his savings which would impede his ability to provide a deposit for his next development.

He is building a residential house. Deposits seem to be the big issue as with a lot of other investors, do you have any pointers on how to…[Read more]

Thanks again Terry this info in invaluable to me, much appreciated.

Just one more thing, could you suggest someone with such capabilities?

Unfortunately I am limited in the way I can communicate from here in Dubai, I know Skype is often used by expats seeking professional advise but here in Dubai Skype is illegal (god knows why) so I have…[Read more]

Hi Terry,

I have always planned on seeking advice from an accountant, lawyer and broker but I have always found it hard to work out which order was best.

Because of my situation I figured accountant was best as most of my concerns revolve around taxation. This said, what worries me is that if one pays for an accountants advise (and as you said…[Read more]

Hi guys I'm not living in Aus but I would be very interested in this.. do you think it is still worth it given that I will not be able to attend the bootcamp, what does the boot camp involve? 

cheers

Hi Richard 

It is out of date by 2 years (updated in 2011) I'm not sure how out of date this makes it in the world of trusts and accounting but I figure it will give me a good understanding of the fundamentals and from there I can at least talk to others about it and increase my knowledge and still be on the same wave length.

I plan on…[Read more]

Yes I would definitely agree with this, I have always been intrigued with Dudai's relationship with the Arab nations that are in conflict with the US and there is no doubt that there are other risks that need to be considered here in the UAE compared to other parts of the world but the tax free element and the amazing yields here does make it…[Read more]

Hi zmagen

Thanks for your reply.

I have heard both ends of the story here in Dubai, there were many investors who purchased properties on the Palm for instance and sold shortly after and made mega profits, I'm talking purchased for $2m USD and sold 24 months later for $6m USD.  On the other hand I have heard of investors buying into areas only…[Read more]

Hi Simon – agreed, good advice is key hence would you be able to share a little more of your knowledge with me.. I am also looking into trust structures and while my situation is quite different to yours I would still like to know why you have chosen to pursue that particular structure (discretionary family trust with corporate trustee)?

I am…[Read more]

Freckle

Very interested in a lot of the comments you are making. I have recently moved overseas from Aus to Dubai with work and it has openned my eyes to the global market place.

Previously all my research efforts were in Aus property but I am more diversified now and I am looking at other investment clases. The only problem is I am very novice…[Read more]

Hi guys 

Without trying to steal Raasta 's thread I have found myself in a similar predicament and have adjusted my strategy accordingly so any advise to me would probably help him as well (bare in mind I am still yet to enter the market)

I had the initial intention of investing for CG (as Raasta did) but then as time went on and I experienced…[Read more]

As a newbie I second Derek's last bit of advice – be wary of the over-analysis paralysis. I analyzed like crazy which just led to more options and more analysis and then when I thought I finally had the grand master plan my situation changed completely – as I sit here typing from my office in Dubai of all places – sometimes I think that, while due…[Read more]

Thanks Qld007, this info is very helpful!

Just to clarify does the fact that I am being paid in GPB effect my tax even though I will be working in Dubai for the most part? I'm also curious as to how my salary will look going into my bank account… will my pay simply be say 30% lower for the week that I work in London compared to Dubai? Also are…[Read more]

Hello Daniel, 

I am 24 and finished my property and construction management course last year. While I think it was good that I did the course, as it has lead to me establishing an income, I can honestly say that this forum alone has given me more knowledge about investing in property than all my studies combined, not to mention all the work…[Read more]

Hi Freckle, I appreciate your reply and agree with much of what you are saying except I think you may be underestimating the critical approach which I took going into this. I read the above article before I went to Dereks seminar along with a lot of other research into his background. I realise that nothing is free and he like all people on this…[Read more]

Hi guys

I went to Derek Gehl's seminar in Melbourne and I thought it was great. I have done a lot of research over the past 24 months into web based income streams and I learnt a lot form Dereks talk. There was, as there always is, an opportunity to spend more money and while I'm sure this would be of huge value to some people, I opted out of any…[Read more]

Thanks guys you’ve been a great help .. I had a look at the links, very interesting stuff and Im in the process of setting up a spreadsheet to help me with risk analysis and other issues. It is a bit tricky though but Ill keep at it.

Thank again
adam

Thanks Darcy

You are right I am only 23 but I know a lot of people start earlier so I am quite eager to get started. your advice has been great and aligns perfectly with what I am studying at the moment (property and construction management) .. I guess the old saying really is spot on “time in the market, not timing the market”. I understand…[Read more]

Thank guys!! This has been a great help!You have set me on track and I better understand my goals now. One thing which I haven't done and which a lot of you touched on was setting up a spreadsheet. I understand the importance of this and it has been something that I have always been meaning to do, the thing is I'm a bit of a perfectionist and…[Read more]

Thanks Guys, both your post were of great help. I will definitely try out the free software jamie and I think I’ll give PIA a go as well.

Does PIA have tax calculations and analysis if not do you know of any good tax resources in regards to property investment?

Thanks again!

Adam