Hi realdeal,
Yes there other forums besides internet ads. Choose a district or neighbourhood and ;
1) Educate, research, educate and reseach some more
2) Pound the pathways i.e talk to the locals
3) Property inspections (and plenty of ’em )
4) Employ due diligence
Opportunity is out in the real world in abundance if we care to…[Read more]

Ensure that when you are seeking a valuation report, that the Valuer is on the panel of proposed Lending authority.
Regards

sykesbuild

‘Think and grow rich’
Napoleon Hill

As I see it, history generally repeats and Australia generally follows American trends. The U.S abolished negitive gearing in a massive tax law reform in 1986 and the result was an unprecedented property market crash. However, we/I, as investors must be willing to prepare for any market movement beit up, down, sideways, boom or gloom.
In 1986 in…[Read more]

Andrew,
You are only obligated to pay GST on the 8% Agent’s management fee and any other costs generated by the agent e.g Advertising, dispersements, fees for arrangement of repairs
Regards
Brendan

quote:
A couple of quickies.

I live in QLD, say I buy land costing $100,000, is land tax a one off payment or annual?

On GST, say I rent out a property for $200 and then pay an agent 8% to manage it, do I then have to lose another 10% GST?

Cheers

Andy

quote:
A couple of quickies.

I live in QLD, say I buy land costing $100,000, is land tax a one off payment or annual?

On GST, say I rent out a property for $200 and then pay an agent 8% to manage it, do I then have to lose another 10% GST?

Cheers

Andy