Hi Guys,

Lets just wait till February 4th, to hear what the RBA says….

“It has been decide that the RBA will ……………………. ”

cheers,
s.i.s

“People 4 get that by saving just $3 aday & investing it sensibly over a working life, you’ll end up wit around $1 million.”

Hi pmaurice,

Land Tax and Council Rates, are to different things. And if you though council rates, were bad….

Wait till you see how much land tax can cost ya.

cheers,
s.i.s

“People 4 get that by saving just $3 aday & investing it sensibly over a working life, you’ll end up wit around $1 million.”

Hi pmaurice,

Land Tax and Council Rates, are to different things. And if you though council rates, were bad….

Wait till you see how much land tax can cost ya.

cheers,
s.i.s

“People 4 get that by saving just $3 aday & investing it sensibly over a working life, you’ll end up wit around $1 million.”

Hi Mary99,

Most Spotters, on this forum, charge some what between $1000 – $2000 for each property, they can find and sell to you. (Buyers agents – some what in the $5000 figure)

cheers,
s.i.s

“People 4 get that by saving just $3 aday & investing it sensibly over a working life, you’ll end up wit around $1 million.”

Hi pmaurice,

Have bought a few unsighted and unseen, not too worried and honestly have no sweat or stress off my back.

In doing so, had a great agent, just like Chefmans agent, who organised everything. Even to this date, i have only seen pictures of some of the properties.

Since then, had no problems and even my bank manager, says they were…[Read more]

Hi Shirley,

I think your daughter should be fine, as she got the fhog, before the new rules, that came applicable in Nov 2003. Anyone applying now and after the new date, will have to abide by the new conditions, to recieve the fhog.

cheers,
s.i.s

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

Hi Hissho,

A clean record is just as good as a blank record, as long as you dont have any blackmarks against your name or your partners name, much more easier to get a loan approval than being run around the bush for having a small, smudge against your name that can cause unwanted problems and delays, of such loan approvals you wish to apply…[Read more]

Hi Scotty,

Here is a Link that might help you.

cheers,
s.i.s

“People 4 get that by saving just $3 aday & investing it sensibly over a working life, you’ll end up wit around $1 million.”

Hi Richmond,

Thanks for sharing your wedding photos with us. Wish you best of luck in your marriage and hope both you and your wife, have a healthy but also romantic, strong marriage.

cheers,
s.i.s

“People 4 get that by saving just $3 aday & investing it sensibly over a working life, you’ll end up wit around $1 million.”

Hi Malcolm,

This is a decision really up by you, depends, what you are doing, for example, if your plan is to sell the property, in a years time or so, then you would be better to use an I/O loan, as your intentions are not to pay down the principal amount, but in the hope of making quick capital gains.

Depending on how once again, you structure…[Read more]

Hi Malcolm,

This is a decision really up by you, depends, what you are doing, for example, if your plan is to sell the property, in a years time or so, then you would be better to use an I/O loan, as your intentions are not to pay down the principal amount, but in the hope of making quick capital gains.

Depending on how once again, you structure…[Read more]

Hi Andrew,

What Melbear Explained to you is completly correct. Melbear explaination, gives you exactly what the 10.4% GYR should be as what rental should be recieved everyweek.

Here is another way to work out a 10.4% gross yield return.

Purchase Price $75,000
Annual Rental $7800
Weekly Rental $150pw x 52

For the 10.4% Return.

Annual Rental /…[Read more]

Hi Melbear,

The Law in Brisbane and in Sydney, were im interested in, shows that you must reside in the property for 6 months minimal to qualify for the FHOG, within the first 12 months of purchase.

Though as for Sydney the FHOG, it says that the FHOG money can be granted straight away, were as the FHOG in Brisbane, you do have to wait 12 months…[Read more]

Hi Adrianqld,

quote:And what if i buy the aircon’s before the loan extension gets approved either with my own cash or 12months interest free.

If you do purchase it for yourself, you cannot claim it, unless you have a good accoutant that can fix it up and say it was purchased for your IP.

Though you can claim it, if it is for your investment…[Read more]

quote: Looks like too many people have been ‘abusing’ the system.

dam abuser! i was gonna do the same trick too,

cheers,
s.i.s

“People 4 get that by saving just $3 aday & investing it sensibly over a working life, you’ll end up wit around $1 million.”

Hi ryanmel,

In IMHO, i would go with this option you provide though i would slighly change it.

– Stay in our home, and use the equity we have to borrow 100% against more investment properties.
We wouldn’t be paying out rent, but would be narrowing our choices of property to purchase as being 100% borrowed would cause a lot of properties to be…[Read more]

Hi Lloyd & Deb,

To find out more information about the Sydney Meeting,

Email Tom at vivarto@bigpond.com

Next meeting will be held on the 22nd of January 2004.

cheers,
s.i.s

“People 4 get that by saving just $3 aday & investing it sensibly over a working life, you’ll end up wit around $1 million.”

Hi Melbear,

This job probably comes with plenty of stress at times, the main other killer is the time you have to start work, but apart from that, work is really flexible on what time you want to finish or start, and no boss telling you what to do. Though one good thing about work, ill have to admit, they provide all meals and drinks…[Read more]

Hey Guys,

Another important thing is, if you can buy a property undermarket value, if you are in trouble at least you can offload this property, at a market value.

Doing this you are able to mitigate the risk and have less or little to worry about, if problems or rising situations occur.

cheers,
s.i.s

“People 4 get that by saving just $3 aday…[Read more]

Hi Zacman,

Speak with the Mortgage lenders, Melbear has brought to your attention, though i very much doubt you will be able to get finance at 80% LVR for a commercial property.

If you do, please let us know, good luck to you.

cheers,
s.i.s

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