Still in School replied to the topic financing 7 units in perth tasmania in the forum Finance 20 years, 10 months ago
Hi Russellwebber,
Another too is, many banks and lenders will not look at you, till you can show some evidential proof that 90% of the properties are sold or under contract on a OTP purchase. In your case.
You seem to be able to get the finance up, but again like Stuart has said the deal looks to weak. For 90% of the development to be under…[Read more]
Still in School replied to the topic so how much is enough in the forum Opinionated! 20 years, 10 months ago
Hi Monkeybam,
For me personally, until i can get myself and family financially free, after that, will take property investing very slow, or find a new liking.
Property investing is like a game, but very challenging at the same time.
Cheers,
sisPeople 4get that by saving just $3 a day & investing it sensibly
over a working life, you’ll end up…[Read more]Still in School replied to the topic deposits in the forum Help Needed! 20 years, 10 months ago
Oh for 100% finance,
With a 100k equity, you can purchase a 100k property or less, thus meaning 100% financed.
Cheers,
sisStill in School replied to the topic deposits in the forum Help Needed! 20 years, 10 months ago
Hi Coopernator,
100k equity can help you purchase a 500k property,
How!
Banks are willing to loan 80% borrowings, if you have 20% cash available. This is called LVR (Loan Value Ratio)
Cheers,
sisStill in School replied to the topic cashflow game in the forum No Subject 20 years, 10 months ago
Hi Happy,
This might not be Cashflow game, but you can play Monolpy online now, against other people from around the world.
You can find the game at http://www.games.com
Click on classic games and you will find Monoply there.
At any give time there are about 400 online monoply game players.
Cheers,
sisStill in School replied to the topic Property structures – Family Trusts? in the forum No Subject 20 years, 10 months ago
Hi Kiasu,
Depends on exactly what you want to achieve and depending on what type of property investment you want to purchase.
The main trustes that are out there for property are:
Family Discretionary Trust
Hybrid Trust
Unit Trust
Property Trust
Multi-Sector TrustCheers,
sisPeople 4get that by saving just $3 a day & investing it…[Read more]
Still in School replied to the topic Shops in the forum General Property 20 years, 10 months ago
Hi Luckyone,
To be honest, i would not worry what your friend says.
An old saying “Out with the old and in with the New” Over time, the place will clean up and improve. Many areas in Brisbane and Sydney you might remember, were well noted and heard of to be real rough areas, today many of those places still exist yet are some of the more…[Read more]
Still in School replied to the topic Weird time tags for posts in the forum Site Problems / Feedback 20 years, 10 months ago
Hi Guys,
From about 5ish pm 14th January Eastern Australian Time till 5ish pm today (15th January Eastern Australian Time) The time lapse error on the Forum Board will continue until the time lapse has occured and finished.
Though for some other reason, some members are not able to send any post at all, (but instead recieve a flood warning…[Read more]
Still in School replied to the topic A challenge in the forum Forum Frolic 20 years, 10 months ago
Hi Elysium,
looks like only you and me can get in…
Woohoo! [:o)]
Cheers,
sisStill in School replied to the topic The Brain in the forum No Subject 20 years, 10 months ago
LMFAO… [^][^][:o)]
“I get food and a trip to America, and he’s screwing me.”
“He certainly is,” the captain said. “This is the Manly Ferry.”Cheers,
sisStill in School replied to the topic prices in the forum Heads Up! 20 years, 10 months ago
Hi Gilad,
Positive Cash Flow properties are out there, they all dont come at cheap bargains, some can be found at reasonable price for particular suburbs. Mainly the cheaper properties are more +ve cashflow as the rental yeilds are much higher than average prices.
Though, they are out there, just spend some time looking, you will find…[Read more]
Still in School replied to the topic Insurance/property consultants in the forum General Property 20 years, 10 months ago
Still in School replied to the topic Melbear cannot post in the forum Site Problems / Feedback 20 years, 10 months ago
Still in School replied to the topic city vs outback in the forum General Property 20 years, 10 months ago
Hi Gilad,
Properties can be divided into 3 areas.
Metropolitan Areas -ve cashflow
Regional Areas =neutral cashflow
Country Towns +ve cashflowMajority of the time, this is how the categories will fall.
But if you want best of both worlds invest in =neutral geared properties, either way you can gain one or the other or gain…[Read more]
Still in School replied to the topic Melbear cannot post in the forum Site Problems / Feedback 20 years, 10 months ago
[:p]… Hey Mel
I can post for some reason…
hmmm, are you sure your logged in?Anyway Mel, id love to chat…. [:X]
But i got some posting to do…
tata [:p]
sis
Still in School replied to the topic Negative Gearing Question in the forum General Property 20 years, 10 months ago
Originally posted by AusProp:
I wish they would abolish it so that I could get a decent yield. Unfortunatley there is very little likelihood of itHi AusProp,
Could you explain more on what you mean a decent yield? If we couldnt -ve gear, i wouldnt purchase any -ve geared property then and so would many….
Cheers,
sisStill in School replied to the topic renting to daughter in the forum Help Needed! 20 years, 10 months ago
Hi Sweetie,
Anyone can rent your property, even you can rent the property to yourself if it was structured in a trust.
When ever renting to a family, ensure that the correct legal process is in place, best to have a third party such as a real estate agent to handle and distribute the rental to you. Or still you can setup an Escrow Trust, though…[Read more]
Still in School replied to the topic Stamp Duty Questions-HELP in the forum General Property 20 years, 10 months ago
Hi Karan_mak30332,
Yes Stamp Duty is deductible on a IP, though you cannot claim it all in one tax return, until you sell, but you can claim it over a 5 year period if your intentions are to keep the property for this length of period or if you dont ever want to sell it.
Cheers,
sisPeople 4get that by saving just $3 a day & investing it…[Read more]
Still in School replied to the topic R U FOCUSED? in the forum General Property 20 years, 10 months ago
Originally posted by Jas:
if you are a born accountant, going with the flow will drive you mad.Going with a closed plan can also restrict yourself. Go with the flow!
Cheers,
sisStill in School replied to the topic Would you have said anything? in the forum No Subject 20 years, 10 months ago
Originally posted by Jas:
caveat emptor. in bank loans too.Hi Guys,
Not sure if you all know what Caveat Emptor means. Its just a saying refering to “Let the Buyer Beaware”
Cheers,
sis- Load More