Congratulations Stuart

Our Newest Moderator…. Well Done! [:o)][:o)][:o)]

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 Celivia,

lol, im not sure if i did write anything like this, though i do give incentives for Property Managers, though i rather Private Message you on this one.

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 Port Star,

Just a heed of warning be very careful of investing in Mt Isa, nothing wrong with the area, though i have seen plenty of real estate for sale there latly. Though i could be wrong, if you have a chance it might be better to actually go to Mt Isa and check this one out, i could be wrong, though i have a friend who travels there to…[Read more]

Hi Mel,

The saying on there is very true,

“Investing is about using the market to make money, not about making money the way you think you should.”

By the way Mel, i have found a lender in Australia, who lends in America, very interesting it is, though, im still finding out more information as for the moment.

Cheers,
sis

People 4get that by…[Read more]

What if ?

Kay Henry is really just Kay Henry’s name ? []

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 Troyid,

Depending on if you are just wanting to purchase just +ve cash flow properties, use the Family Discretionary Trust.

If wanting to purchase both -ve and +ve cashflow properties it is ideal to use a Hybrid Trust.

Though not sure what exaclty your interest are, though if you like to invest into all types of investments, ideally again…[Read more]

Whats your Rent Rule?

Purchase Price / 1000 = The minimal rent. Though you must put a 20% cash deposit to keep the minimal rent on the purchase price.

This rule only applies to -ve geared properties, so the minimal rent you can achieve if you are try to achieve capital gain.

Though the loan must be over 30 years and the loan must be I/O.

eg.…[Read more]

The 1.6 Rule

(Weekly Rent x 1000) / 1.6 = What the Maximum purchase price should be.

Eg. Weekly Rent = $250 pw

($250 x 1000) / 1.6 = $156,250

$156,250 at 80% loan = $125,000

This equals a +ve cash flow property due to its 20% cash deposit.

Cheers,
sis

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

Explanation of Golden Rule Only used on I/O

I found this somewhere but im not sure who to give credit for this, but here is the Golden Rule.

Rent = min 1.4 x interest cost
If rent is $200 pw = $10,400 then Golden Rule says pay max of $106,122 (Yield Return is 9.8%)

eg. $106,122 x 7% interest = $7,428 x 1.4 = $10,400

Though the purchase price…[Read more]

Hi Guys,

The sis rule is just a real accurate equation for someone who is looking for +ve cashflow property on 7% interest.

Though i thought i would share some other rules that most people dont know and other formulas and caculations.

1. The Golden Rule
2. The 1.6 Rule
3. Whats your rent rule?

These are just 3 more rules though, they are…[Read more]

Hi Alwalw,

Congratulations on your success, keep up the good work and let us know how you do. I’m always admired by people who put in not just 100% effort but that extra 110% effort in.

Good luck to you and wish you more success.

Cheers,
sis

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

Hey Mel,

dont worry, theres gonna be heaps of posting in the next few days, im gonna dedicate every waking spare minute i have to this forum to catch up to you, even if this means if i get RSI or OOS…

[:p] till then i have some posting to do…

lol cheers,
sis

People 4get that by saving just $3 a day & investing it sensibly
over a working…[Read more]

Hi Sue,

Insurance is covering it, though we were lucky and almost were not going to be covered as the fire was intentional. This is my partners property, the situation now is, that the property is almost complete, since then, we have been very cautious about bonds and insurance. Though during this period of time, its been a battle to get the…[Read more]

Hi Kay,

Im just in a particular mood at the moment, recently one of my partners tenants burnt the inside of one of her properties. Were more than 80% fire damage was done to the property. Since this happening, we been reviewing clauses and insurance policy agreements. The property will be replaced and rebuilt, but since this happening, we have…[Read more]

Hi Kay and Mel,

Im up for a cafe/social drink, anytime or anyplace im happy too. Though ill tell you in a PM, why you will want to shoot me…lol

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 WayneL,

I should have mentioned, that i was refering to the breakage of the window. No harm in it, its just if you put yourself in the landlords position. I would strongly take out some bond money, when the tenant moves out.

Though on small problems, i do agree that i would rather the tenant tell the agent and let the agent sought it…[Read more]

tsk tsk… im a bad school boy… lol [: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

Sorry Guys and my apology, just checked the ATO website and i am wrong.

Thanks Mel

Anyway here is the link to the ATO website.

Cheers,
s.i.s

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 Rubbachook,

Dont worry the quality of the post will become much better, but also, Melbear has brought to my attention [:p] that i got to make it harder for her to respond. So will be plenty of good answers, making it harder for Mel to respond. [:p]

Cheers,
s.i.s

People 4get that by saving just $3 a day & investing it sensibly
over a working…[Read more]

Hi Sue,

lol.. yes really trying hard, lol… Melbear put the pressure on me.

Cheers and Thanks,
s.i.s

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