TRM390

TRM390 started the topic Best Property Management in Eastern Suburbs Melbourne – 1st IP in the forum Help Needed! 10 years ago

Hi All.

I just purchased my first IP and I’m keen to hear your thoughts on great property managers you use/have used in the Eastern Suburbs of Melbourne.

My IP is currently tenanted with what the REA has told me are excellent tenants who are keen to stay on when their lease expires early 2015.

I have the fee structures of the below agents so…[Read more]

TRM390 replied to the topic Personal title, company or trust for my first investment property? in the forum Help Needed! 10 years, 4 months ago

Hi Mark & Jamie – Thanks for your insight guys! I understand that the majority of people buy in their own name, however I guess looking at the end game I would like to be in the minority who own more than just the average 1-2. So if I can take notes from those who have done really well, I hope it to put me a little ahead of the game.

After a…[Read more]

TRM390 replied to the topic Personal title, company or trust for my first investment property? in the forum Help Needed! 10 years, 4 months ago

Thanks for all the great discussion points guys!

I am in Victoria, so I need to look into how holding a property in a trust is affected by land tax. Does anyone know off the top of there head if it is similar to NSW?

TRM390 started the topic Personal title, company or trust for my first investment property? in the forum Help Needed! 10 years, 4 months ago

Hi Guys,

I’m in my early twenties and I’m looking to buy my first IP which will most likely be negatively geared.

What are your experiences buying an investment property under a 1) your personal title 2) company title 3) Trust.

What lessons have you learnt both short and long term?

Although the costs and benefits of a company and trust are…[Read more]