Terry,
The intent of the ebook is to prompt the reader to identify what they dont know and ask questions from their accountant, FA or solicitor. I would be interested for you to identify the points which are factually incorrect always willing to learn. I do accept that trusts are complex and my experience with some accountants and FAs have been…[Read more]

Terry,
The intent of the ebook is to prompt the reader to identify what they dont know and ask questions from their accountant, FA or solicitor. I would be interested for you to identify the points which are factually incorrect always willing to learn. I do accept that trusts are complex and my experience with some accountants and FAs have been…[Read more]

Ben,
Family trusts can be a great tool or can cost you money, here is a great little ebook to read as a heads up, more so that you can work out what questions to ask when seeking legal or Finance advice.
Its all about making an informed decision.
https://docs.wixstatic.com/ugd/9504d2_b25007127d1b4355bf54388d70fc77a3.pdf

Cheers

Steve

Hi Kristy,

I believe there is potential within DBay, Personally if you are looking in that area I would look at the southern part of the suburb closer to Anzac Highway that is the newer areas but also closer to the new Petrie to redcliffe rail line which will be operational next year.

You also need to be aware of the local reputation of the…[Read more]

Hi Peng,

Please confirm if the property has settled?

Hello SM,

Just a point on “fastest growing suburbs”, I see on the link that it identifies Park Ridge having 30% growth in the last quarter, once again the devil is in the detail.

Reviewing the suburb data in your link and going to Park Ridge detail:
http://www.whichinvestmentproperty.com.au/best-suburbs/qld/4125/park-ridge

The detail does not…[Read more]

Hi Curtis,

As Dean has indicated, from my experience with my portfolio, most of my IPs take about three years to be truly positive cash flow before gearing, but having said that,all my properties start by being negatively geared but positive cashflow from day 1.

I normally fix a portion of the loan and against the variable portion set up an…[Read more]

Hi Curtis,

As Dean has indicated, from my experience with my portfolio, most of my IPs take about three years to be truly positive cash flow before gearing, but having said that,all my properties start by being negatively geared but positive cahflow from day 1.

I normally fix a portion of the loan and against the variable portion set up an…[Read more]

Hi Dan,

First up, as you have done , its all about learning and education. I spent 2 yrs while saving for my deposit learning as much as I could.

You may have already done this, but first up look at what your investment goals are, short , med and long term for example my goals originally where to:
Short – 1 – 3 yrs. Buy my first property in an…[Read more]

Hi Newby,

First up I have never had an IP in WA but as a general rule, the tenant is responsible to pay rent until they hand over vacant possession of the property, not necessary the keys. It would be interesting to see when the Property Condition Report was completed and checked by the PM.

Bottom line the PM should have been on it with the…[Read more]

Corey highlights some good points in his response.

I suppose the key issue is what is your plan and strategy, for me , manly due to time, I am a buy and hold investor. My views of the area are a little bias as I grew up in Elizabeth West (now re branded to Daveron Park due to the very poor reputation, crime and social houseing levels in the…[Read more]