You will get to see us (I have babysitter’s in place to look after our boys) and we will hopefully get to chat at intermission. Looking foward to meeting you immensly.
Thanks Terry, Andrew, Leigh for your responses. Currently, I am fact gathering (unlike wool gathering []). I should have all details by Saturday, where I will hopefully meet some of you at the seminar.
The stamp duty including transfers, stamp duty on loan, property and mortage registration on property 1 (approx 410K) is approx equal to 23K (I’ve rounded the figures to the nearest whole amount)
On property 2 (approx 440K purchase price)the costs is approx 25K.
The business bought the property like this…[Read more]
Welcome to the PI forum [] On page 12 at this forum, there is a post called
quote:Property Investment Companies… any experiences?
This post mentiions a few different views on your question. I hope this helps. []
As trueblue mentions, it pays to do your own due diligence and if purchasing one of these type of properties getting…[Read more]
Welcome to the forum. You have a valid point if you are managing as you say only one or a few (generally no more than 3 houses). What was the cost of your advertising fees?
What’s your plan? The climate of property investing has changed already, I can feel it in the air [], but it depends on where you are looking to invest in, methinks.
What do you WANT to do? That will determine if you buy or don’t buy.
Hi Leigha,
Welcome to the forum! []
My hubby doesn’t work for himself, but is also in the computer industry. He works bringing in the dough so that we can pay bills and have funds with which to invest.
We have also two lovely children, and I am a full time stay home mum, and I have some degrees which I could fall back on if I choose to return to…[Read more]
I looked at the Homepath site and decided it was a neat site… http://www.homepath.com.au http://www.peach.com.au (they give you a cashback, well if you have to spend, you might as well get some back!)
Cheers
Sooshie []
Just had the same thing happen to us. Organised finance, Mike went to bank to sign…uhhh..oohhh, something fishy with interest rate? That’s not what our broker told us… On to the broker, who then apologized…said would call tonight…no call.
Okay, so now I’m on the phone to another broker myself and I will fix this up.
The problem…[Read more]
Lovely meeting you Felicity [], pity we didn’t have more time to chat []
Apart from my sore arm which Steve kept nudging through the seminar and drawing bunny rabbits, fish and snakes ([])…. it was worth attending for 3 reasons.
1) The negative gearing as Felicity said, was a good example.
2) The belief that you can do something if…[Read more]
Don’t know about the infomercial, but just came back from a seminar.
Ask yourself, who gets paid when I buy this? Can I get the same info free of charge at the library?
That’s just to start.
I thought it might… (I mean working through your thoughts. You’ll find a note from me in your inbox on one of the topics discussed).
I thought about some of the things you mentioned later on aswell, irrespective of IP’s, about life in general and I was hoping that it would be nice just to make people pause, stop and…[Read more]
Terry, 2 of our IP’s went through ANZ…slow like snails! A very costly experience. Apparantly it’s even worse now. We get a special rate going through the ANZ, due to all the business we’ve given them, but on our last IP, because we wanted faster settlement, we opted to go with Bank Of Melbourne, 5.99% variable rate, with IO for the…[Read more]
Yep, shall do under new post. I found out 2 things.
1) Firstly, something I already new, Dave’s a top bloke. And where was “Big Grizzly Bear”? All I saw was an underfed Grizzly Bear! [:0)]
2) Breaking things into simple steps is best.
3 & 4 are just additions to post! []
3) Make sure when you ask for something…Steve is listening!!!…[Read more]