There is also a group called Property Wizards based in SubiacoWhy use a BA though?

Pellowe wrote:
My understanding is this has been thoroughly tested, and although I can't quote quote anything, the guideline is you can't claim interest on interest, only on the original cost.

I believe there's no problem with it happening in a Margin Loan as well?If i was to use Capitalising Interest for Investing Purposes ONLY by a LOC I'd d…[Read more]

Brisbane Broker wrote:
So true Alistair except this is non regular typeof loan which offers DSR up to 67%, does not use a mortgage insurer and the capitalised interest is tax deductable, unlike the interest capatalised in a loc or offset account.  Craig

Are you sure thats correct ???

Three +CF (for Income) and One -Geared Property (for Growth) sounds good to me..

Stir well and Repeat

Wasp
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Its not what you earn but what you do with what you earn

Agree she’s done well..and a a smart Investor who took action..

Wasp
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Its not what you earn but what you do with what you earn

You can counter by reducing the time to acquire finance if you want, a sunset clause is fine if you are happy with the price, the buyer probably doesnt want to waste time and just wants a commitment from you.

make them commit back by reducing the settlement time, most serious people i know put in sunset clauses and cash settlement in 14 days,…[Read more]

I had a quick search and a look on the net..this guy lives in Vanuata?

He promotes “Off Shore Investing” and how to do it by investing in overseas Mutual Funds such as the Templeton growth fund,Nicholas Applegate US Growth Fund etc.

I think the intent is to use Vanuata as a tax haven, mail redirection service etc etc..dodgy
I’ve seen Ed Burton…[Read more]

Nobleone

what were your costs involved and your investing plan with the SMSF?

Wasp
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Its not what you earn but what you do with what you earn

I’ve been there its great !!

Wasp
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Its not what you earn but what you do with what you earn

SQ

What area in City of Swan ?

Wasp
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Its not what you earn but what you do with what you earn

LOTS of +CF IP’s in WA

Best I found was in a town of 30 people, are these the kind of deals you are interested in?

Wasp
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Its not what you earn but what you do with what you earn

How are things in SE-SA?

Wasp
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Its not what you earn but what you do with what you earn

Thanks Derek

Certainly food for thought

will have to ponder some more

Wasp
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Its not what you earn but what you do with what you earn

Real estate is not about financing, deals or property..its about people!

Dont rent to Family or friends

There is “no” best way to invest in property, its horses for courses..

“People” lie

You can never learn enough about investing

Purchase in the correct entity and then rent a property..through the correct structure, I think the benefits…[Read more]

Not for free, however, consider the dollars. The following are some inexpensive ways to improve your properties with very little cash.

#1) New Electrical Switch Plates

– not much for adding value

#2) New or Improved Doors

Another overlooked, yet cheap replacement item is doors you can also paint them

#3) New Door Handles

In addition to…[Read more]

Great..I was going to post details of some re Strata law, criminal and property if no one else did but i’ve only just seen this post.

Glad you have it sorted

Wasp
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Its not what you earn but what you do with what you earn

How about Bond etc?

do you have LandLords Insurance?

Did your PM do a good job screening the tenants?

and Lastly..maybe the bond, letting fee etc pushed the tenants savings limit and after a week or two things will settle down?

Wasp
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Its not what you earn but what you do with what you earn

Thanks for some of the posts folks any other ideas/

Maybe low-doc , no-doc is the way to go as long as we dont overstretch and then refinance once things settle to a lower % rate?

Opinions?

Wasp
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Its not what you earn but what you do with what you earn

Great Effort keep us posted

Wasp
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Its not what you earn but what you do with what you earn

Be good to your Mother..

Wasp
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Its not what you earn but what you do with what you earn