hi Richard, it'll be situated near the city probably around 10mins drive. it'll be a semi most likely. would the 90% attract a much higher interest than norm and less flexibility?

well i speak from no experience of my own, im 20 and just about to get into this property game, but from what i gathered. say u have 20k of ur own, u set up a trust with u as the trustee and one of the beneficiaries (need another beneficiary if ur to be both trustee and b.) then u put ur 20k into the trust from which the trust then buys the IP…[Read more]

sorry linar, i meant, would i be entitled to fhog when i purchase my principal home in the future if i buy an IP now through a trust.

nsw most likely

hi wdemirdonder, u asked earlier whether your mum could buy the property first then later transfer it to you so u'll still be entitled to the fhbg. its all smooth sailing until the transfer part, if u did it like that then you would have to pay stamp duty and possible CGT. im still learning too but i think if you initially set up a trust and ur…[Read more]

SteveMcKnight wrote:
companies don't get access to the CGT discount,

what if if you have the company as the trustee of a trust, would u get CGT discount then or am i totally off track here?

lol now we're on the same page.

education gives us options, the more educated u r, the more options u'll have. as opposed to ppl say 100 years ago, education for the middle or poor class was near impossible to obtain the level we have now. people are more educated now, our living standard is way better, general well being is better, life expectancy is higher…. so whats ur…[Read more]

blogs wrote:

ume wrote:
it mite be very well true, but the situation is different to the 80s, ppl are more educated now, more financially stable and government interventions are more effective so to speak. well thats only my opinion anyway

People are more educated now?? This would have to be one of the more frightful comments-thanks to the…[Read more]

i tend to agree with milly, that recession is short lived and if we have the capital to pull through this, then this should be a profitable period for us investors with the bargains to be found.

it mite be very well true, but the situation is different to the 80s, ppl are more educated now, more financially stable and government interventions are more effective so to speak. well thats only my opinion anyway

point taken yarpos, perhaps it is better to leave the 4 separate cubicals alone, it just wont be very pleasing to the eyes, will try to do what i can. As to the reason why i want to extend family room to the left is because right now the family room, lounge, and dining room mite be a good size when all added up but by themselves, it makes the…[Read more]

hey blaze, in ur excel calculations the figures you've assumed is a bit bias towards renting if you were to invest in growth properties ideally the average growth p.a. is 10% at least.. whilst the rental returns in ur calculations are pretty much as good as it gets. nonetheless it clearly shows the tieing up of cashflow for capital gains.

approved **

hey blaze, how many LVR% were u approached for? and how much expenses are you paying if you dont mind me asking?

thanks for the warning vstar. i suspected much but wasnt entirely aware of the rules and regulations there. obviously u sounded VERY distressed and i dont blame you, i stayed at a hotel once and yes you could hear next door snoring, and its a nightmare cant imagine it 24 hours 365 days a year. i was going to check it out in person and try to find…[Read more]

oooo your good vstar, yeah i am considering unilodge at broadway. i am aware they're harder to sell but dont really know any other pitfalls, if you could please enlighten me. thanks

hi Vstar, i am indeed thinking of purchasing. mainly so i have somewhere to live in sydney and it'll be close for me to uni. and i suppose an ip after i graduate.

lol the second post is a lot more soothing to hear. thanks richard

say around 45sqm and a student accom. apartment, what would the LVR be for that Richard?