lol… sorry it meant to mean looking

People 4get that by saving just $3 a day & investing it sensibly
over a working life, you’ll end up with around $1 million

Hi Guys,

Thats correct there are 2 types of depreciation. On memory i think one is called Depreciation and the other one is called Diminishing Value.

Depreciation – is the same amount deduction for every year for the next so 40 years or so. (Depending on how many years are left in the Depreciating Item)

Diminishing Value – Is were the…[Read more]

Hey Westan,

Long time no see, how are ya and hows the moving all been?

[:o)] I never carry more than $20 bucks in cash, the rest is credit card and i still feel the same. []

Cheers,
sis

People 4get that by saving just $3 a day & investing it sensibly
over a working life, you’ll end up with around $1 million

Hi Pricey,

Steve Mcknight made a bonus chapter for the interest of rising interest rates.

Here is the Link

Cheers and hope this helps,
sis

People 4get that by saving just $3 a day & investing it sensibly
over a working life, you’ll end up with around $1 million

Hi Troyid,

A Family Trust, must run at a profit, losses are carried over into the next year and that you can not offset it against a lost. Which means taxs benefits are slightly different.

With Hyrbrid Trust, when you purchase -ve geared property you are runing it at a loss, thus mean you can offset this loss against another preforming asset or…[Read more]

lol, i love my credit card…[:X]

cheers,
sis

People 4get that by saving just $3 a day & investing it sensibly
over a working life, you’ll end up with around $1 million

Hi Pisces133,

lol, im not interested in I/O loan, this is just for example if i want to purchase a property but pay it off over a longer period of time, but be able to have more cashflow and more funds everyweek.

eg.

Lets say i want to purchase a property for $100k

at P/I over 30 years at 6% = $599 per month $150 pw

now over 40 years

at P/I…[Read more]

Hi Gilad,

I guess you must be new, Welcome to the forum. The reason why people are investing outside the big cities is, that there are opportunities to be able to purchase property, that are +ve geared and also provide +ve cashflow at the same time.

This allows the person to be able to purchase a property, yet have no out of pocket expense to…[Read more]

Oh Mel,

i remember [], so are we still going to write our book? lol, your a faster typer than me… []

Cheers,
sis

People 4get that by saving just $3 a day & investing it sensibly
over a working life, you’ll end up with around $1 million

Hey Mel,

Dont throw your card away… give it to me [].

Depends Yack, i use my credit card for everything, actually i hardly carry cash around. The main advantage is, its much easier for me to justify and prove such spendings cause it is listed and dated on your credit card statement.

Other thing too, and this might be a good thing too for you…[Read more]

Hi Matt,

Dont take it too serious on tax free income, if you do get caught you will get into a lot of trouble. This is something some banks will see as extra cash money you have available, but not all and most lenders will accept this.

The only way i know people have got round this is, that their primary job is taxed and is a real proof of…[Read more]

Originally posted by picja1:
There already is a lender in Australia who lends over 40 years, not fixed though.

Hi Picjal,

Is it ok, if you share who this lender is that offers 40 year loans? Still if a loan like this can be achieved, for a more freely supply of cashflow. A loan like this would be much better, for both First Home Buyers and…[Read more]

Hi Rubbachook,

dam, its too hard to make a response that Mel cant answer too, instead i might just make better responses than Mel… [:o)]

Though shes too smart for that… hmmm, []

Cheers,
sis

People 4get that by saving just $3 a day & investing it sensibly
over a working life, you’ll end up with around $1 million

Hi Guys,

This is sorta on the subject but has lots of reference to it.

Lets say your earning and have a taxable income, but also you have a second job, which is cash on hand, i know for a fact with some lenders they will consider both earnings against your borrowing and repaying power you have.

They will simply ask you, to get a letter from…[Read more]

Hi Chan$,

Are you coming along this weekend on the bus tours? If you are, i will see you there.

Cheers,
sis

People 4get that by saving just $3 a day & investing it sensibly
over a working life, you’ll end up with around $1 million

Hi Chan$,

You met PropertyGuru at the last Sydney Investor meeting/discussions at Five Dock. He was sitting next to you and me.

Cheers,
sis

People 4get that by saving just $3 a day & investing it sensibly
over a working life, you’ll end up with around $1 million

Hi fjficm,

Im not much help on this one, but if you do a search on the Treasure Chest forum/threads. You will find plenty of info about investing in parking spaces.

Cheers,
sis

People 4get that by saving just $3 a day & investing it sensibly
over a working life, you’ll end up with around $1 million

Congratulations Terry!

Another Platinum Member! Woohooo [^][:o)]

Thanks for all your excellent and helpful post Terry! Well done!

Cheers,
sis

People 4get that by saving just $3 a day & investing it sensibly
over a working life, you’ll end up with around $1 million

I bet i know which one is Mel [:p]

Cheers,
sis

People 4get that by saving just $3 a day & investing it sensibly
over a working life, you’ll end up with around $1 million

Hi dalderman30193,

You mentioned ” and had then purchased 2 more with my brother.”

Are you wanting to setup some type of structure,

eg, like a trust, since you purchase with your brother?

Just need more info, to help you.

Cheers,
sis

People 4get that by saving just $3 a day & investing it sensibly
over a working life, you’ll end up with…[Read more]