sirfunkydave replied to the topic Looking for Tax & Structuring Advice in Brisbane in the forum Legal & Accounting 19 years, 8 months ago
Thanks for the replies.
I’m currently working as an employee but my investing is starting to push me to the higher tax bracket. I’m not too worried about the cost of any advice at this stage as I would rather have everything set up right the first time.
Thank you for your comments.
Davesirfunkydave replied to the topic 18 years old and want to be a property investor!!! in the forum Help Needed! 20 years, 1 month ago
Hi FireCaesar,
Well I live in an area in QLD that has just been through the biggest boom we’ve seen so I’ve been very fortunate.
I’ve been just buying well under value homes and selling pretty much straight away to raise a bit of capital for deposits etc for when i need to focus on longer term properties when the market cools as it has done this…[Read more]sirfunkydave replied to the topic Innovative ways for a deposit in the forum Finance 20 years, 1 month ago
Hi,
There are 100% loans out there at fairly competitive rates like the wizard one. They are also releasing a 105% and 110% product sometime however I don’t know any specifics on them.
If you don’t go down that road then perhaps think about what return you are currently getting on your managed fund and what return you will get out of the…[Read more]
sirfunkydave replied to the topic 18 years old and want to be a property investor!!! in the forum Help Needed! 20 years, 1 month ago
Good on you Regan.
Do you numbers and if they add up then just go for it. I turned 21 a few months back and I’m now on my 4th property after 2 years and I can say that it’s a lot of fun seeing your hard earned cash grow all by itself.
Also I’d recomend you set a goal that you want to reach by they time your 21 or something to keep you focused.…[Read more]sirfunkydave replied to the topic Flips, Flicks and legal hot water…??? in the forum Creative Investing 20 years, 1 month ago
Hi Mini,
Just a quick question, how do you make your money by simply assigning your interest in a property.Best Regards,
Dave