Forum Replies Created
- Originally posted by Chan$:
I guess it was her smelly underwear in the little bag1
ah Chan$, you crack me up with your funny replies… [^]
Cheers,
sispersonally, i wouldnt be to worried about the asset protection, if you do have public liability insurance on your investment properties, but more for the flexibilty in small to large amounts of tax benefits and reliefs, you can claim and distribute.
Cheers,
sisso did you guys get much sleep at all last night?
…. personally, i end up sleeping in and didnt get to class, till almost the end of the lesson… but ill tell you what… If either you Chan or Guru, were there, you will have big argument with the teach about trust, so many things she says is incorrect and some of the stuff is unbelieveable in what she says…
Cheers,
sisyes please…
mmm… so maybe it could be monopoly or henry kay… lol [:p]
Cheers,
sismany years later….
its the year 2014… the times have changed and the great aftermath after Henry Kay is still continuing… a court ruling, with no appeals…. Henry Kay, is forced to sell up…. and have all possesions taken away…
Henry Kay, has no money, no credit cards and other assets except for his car, and is pushing it, towards a car sales yard… to get it cashed in, as he is completly bankrupt?
Cheers,
sisbut this post is almost the number one in the most replied post to a topic…
… not much longer for this one…. but Hey Chan$, you wanna see if we can make this topic, hit 1000 post?
Cheers,
sisHi AussieRogue,
Yes Please, love the riddle, great brain teaser…
…. were all ready for this one ….
Cheers,
sisOriginally posted by Pisces:>>leasing is becoming more readily available than having your property just simply up for rent…<<
What is the difference between leasing and renting S.I.S. ?
Pisces
Sorry Pisces, meant to say, a Leasing Option
Cheers,
sisHi Mel,
is he bankrupt, because, he spent all his money on piss and smokes? or did he just have a really good night?
Cheers,
sisHi Mel,
yes i do, remember that conversation sis’ [:p]
…. big brother is watching over you… [8D]
Cheers,
sis… did see that news article, too this morning, that America, is looking at holding there interest rates down, for a further time more…
Hey Georgisj,
did you watch the Sunrise Morning News, they had a few good minutes about the American Interest rate and market… though it does look positive that the Australian $$$ can still go up further more, though, a little disappointed in the drop over night.
Cheers,
sisHi Rubbachook,
there are a few manage funds out there, that are doing high returns, one that is approved both by the ACCC and ASIC is returning 20%, but is unsecured… problem is they are much more risker, at that high of a return, but also, you need to have a large deposit… (im not sure of the fund name, but it is pushed and endorsed by a company called “National Asset Corporation”
Still there are some nice MGMT and ADF funds out there with returns just over 10%, but do remember you do have to pay tax on the interest earned, one option available is to purchase these types of funds through a unit trust were the tax is no more than 15%, another option that is available is a margin lend, but it will depend again, on how you invest it and reinvest your profits…
Sorry for not much help, but honestly, any funds program offering over 10%, you are being exposed to some form of risk…
Cheers,
sisHi Lawrence,
your very much right in what you say, personally for me, i like to buy quality properties, and have a balance of different gearing streams, but in reality, i know plenty of people who are just buying any old property that is positive cashflow, but arent giving a dam if the property is deterating or slowing building up in a hefty reno… it really depends on the investor… but do agree, some of the positive cashflow properties…. are just not even worth it, even if they are providing $100 a week in passive income…
Cheers,
sisHey Guru,
can you please send cheque, EFT, Paypal, direct debit, or even post the money into this other account is fine….
BSB 574-278 a/c no. 172305720
thank you for doing business…. lol [^]
Cheers,
sisCongratulations Chan$[^][^][^]
dam… and i wasnt here, to see you hit the 10 tonner… good luck and all, will see you tonight… and we can party all night long….
Woohoo! Chan the Man!
[^][:o)][^][:o)][^]Cheers,
sisHi Huey,
this is sorta what will happen,
as for the moment, the property and loans are all in my name, but my sister is subsidicing the difference of the rental and repayments, cause there is plenty of equity in the property, and based on some IRR caculations, ive given my sister several choices, one of which she she can access the equity, of the property, to finance more properties, or i sell later down the track for her… but she will be able to have full benefit of the capital gains, really its more of an investment vehicle, that will give her, a large sum of cash, but plenty of equity from its capital growth, or capital gain if she decides to sell or not, but having this property and what hopefully becomes available from it, to really kick start her portfolio, but put her right into the property game.
either way, with the guarantor, im honestly not worried, maybe because she is my sister, but i know she really wants this, and that just like a brother….
ill be looking out for her… (just making sure, that she dont get into any debts or money problems… everythings else is up to her)
Cheers,
sisOriginally posted by Alexander2:Cheers guys.[^] on the topic of re-valuations, many banks/lenders I’ve heard have an issue with re-valuating a property within six months of their last valuation.
What can you do to hurry this process up when in need of freeing up equity??[?]Hi Alexander2,
it will also depend, what type of relationship you, have with your lender… some lenders are happy to do re-evaluations quite frequently…. as long as you have no problems in paying for a re-evaluation everytime…
Just another thing of note…
this is something from my experience ive learnt…
lets say if you own roughly 11 properties, you will find, usually one property, is always vacant… not for long periods, but usually due to a rental leasing finishing up…
so in just rough words… for every 11 properties, do expect one of your IP, to be not tenanted…
eg… if you have 66 expect 6 not to be rented, same as if you were to have 555, good chance that 50 of them may be vacant or the tenants agreement is ending…
Cheers,
sislol… its fine… but PropertyGuru… knows exactly what it is… hes the one who… enlightened me…
Cheers,
sis
