Angie!_____________

Good on you !! Congratulations, that first one is sooooo hard to do. As a wonderful friend of mine said to me “you have moved through a lot of fear….”.

Leigh______________

11 Sec solution or rule is:
(weekly rent / 2) * 1,000 = Max buy price

It gives a yield of around 10%, and yes, same numbers that you mentioned. It is…[Read more]

Ty

due to a “plethora” (isn’t that a great word) of reasons:

transfer interstatedeathsicknessseparationfinancial woesdivorceYOUR great negotiation skills
i.e. TERMS

especially don’t discount the last one. If you are going with the ‘triple win’ philosophy (Vendor, Purchaser & Agent all walk away happy) it is amazing what you can…[Read more]

Hi Terry

Good call (! []), but, the info on changes was from two of our advisors who are in touch with a number of policy makers.

You may / may not recall that a bill that enabled entity taxation was defeated only just before last election. If it had gone through trusts would have had to register for TFN’s and would have become taxable entities,…[Read more]

Hey Leigh

can you share with us any trends you gleaned from the meetings with other investors?

Bruce

AD

are you saying the Elliott waves occur in the property market too ??

Mmm is this a dumb question??

the Bruce []

hi Leigh

Wellllllcomne to PI.com []

what a great forum name !! (are you really ????)

In answer to your question, have a look at :
https://www.propertyinvesting.com/strategies/wraps

that should get you started.

Also, searching on “WRAP” should bring up a post or two []

cheers

The Bruce

PS: Do you (or your legal advisors) know anything of…[Read more]

AD

remember…. “Smell the Roses!!” []

Congratulations and good on ya maaaaaaaaaaaaate!

The B

Hi 111111

Do you realise that is 63 in decimal??

But I digress, I did a search for you :
http://www.businessmall.com.au/cache/item-28public.html?cache=no

There are some others that I have heard of, but I can’t recall the names, (sorry)

You also should address that practical aspect of all this in that you should talk to your solicitor. The law…[Read more]

Hi Tamara

how about adding some info like your rough time frames for investing remotely and returning too.

Bruce []

ps: is Brunei pretty ??

Hi AD

you are very kind.

In the reality that we are manifesting in this community: everyone helps each other out, no one’s input is worth any less that anyone else’s (as everyone has a different ‘take’ on it), we all get to grow together.

Bruce

ps: If you aim to keep learning new stuff, surely you must always be a newbie ! []

Mornin’ Ally

I have just re-read the last bit of your post and realised that I missed one point.

If the accountant advised saving for a large deposit they were offering safe advice in that it should cost you less overall for your loan if price in the future is relatively the same as today. This is not imposible especially as there is current…[Read more]

Hi AD

Yes I will be helping out in Melb this year, it would be great to meet up in person !

Now, is it just cause I am a junkie ??? No, actually I really liked the game where I got to be a lender and exorcise all of my finance angst [] (Beware “Honest Bruce’s Mortgage Brokers”, loosely associated with “Honest Joes Valuations” [}])

Thanks for…[Read more]

Ally

sounds like you are not only on the right track, you are cruising along it []

There may well be good reasons why they offered you that advice, i.e. leverage in with small deposit, don’t buy your own home and invest instead.

If you get a chance why not cross examine her/him a little and see what come out of it?

Remember, in life…[Read more]

Semesteve

to give you an idea of a timeframe, our experience thas been that it takes a few years to build a solid business and relationship with your lenders.

R.Kiyosaki (All Hail…… – sorry! I really do think that he has a fantastic message, but it has been a long day and my sense of humour is just getting away with me right now []) mentions…[Read more]

hi Hiu

Mmmmm, well after six days I am glad that I found the time to read, digest, and find some constructive things to say !

Don’t be too fussed if you don’t get an answer on this forum straight away. There are a lot of really “happenin'” investors who check here regularly, but many of them are too busy actually doing deals to answer all of the…[Read more]

Hi Karen

As I have said to a number of folks recently, look at Steve’s Wrap Secrets Revealed when it is available. The content is HUGE! []

the Bruce

Hi Gordy

Welcome, welcome to PI.com ! []

All depends I am afraid….. everyones circumstances are different.

I started out with hummungous credit card debt and a line of credit maxed out, but, I had a job that threw of enough $s (in the lenders assessment) to support other investment and allow me to service all of the bad debt.

Made a decision…[Read more]

Semesteve

Anything really worth achieving takes effort

I have had similar conversations, with lenders whom we have established good relationships, as to when they think that we can do that. It is very interesting hearing their take on it….

The good news is that it is possible []

Bruce

Elvis

the point here is that the wrappee’s name does appear on your contract of sale to them.

Other comments by AD & others still hold. i.e. you need to aoccount it correctly, etc.

the Bruce

Hi AD !

what are the contact details for MGA ??

the Bruce