Hi anita

the way it looks to me is you should phone some banks and run the numbers past them. i’m not a mortgage broker but usually Banks work on about 35% of your money to sevice a loan
on $18,700PA you could afford (at 35%) paying $126per week towards a loan. therefore you could probably only loan about 80,000.
with your own money as a…[Read more]

hi michael

you probably know the advantages of a trust i’ll go through them quickly
1) Asset Protection and Estate Planning
an assett can be protected from future threats ie being sued. a trust can continue for up to 80 yrs and even if you die the trust vehicle can continue on for the benifit of the other benificaries
2) Tax Benefits for a…[Read more]

hi michael

Bricks are good but i also by weatherboard. Im happy with timber or steel frames. A few years ago i was interested in Straw Homes till i read a book and it put me off. i think it was “the three little pigs”
Hope this helps.
if you are talking about what structure to buy in it varies from person to person but most definately look into…[Read more]

Hi hippychick

welcome to the world of posting.
i hope all newbies would do what you have been doing and reading through the past discussions, this way they would find out many questions have been answered.
Good luck with your wealth creation Plans. it is very valuable to write it down. i keep revising mine when i realize how easy some of the…[Read more]

the fathers day competion is closed.

it is with great pleasure that i have to announce the winner.
Sadly there can only be one winner (i can’t afford to post too many bottles).
As you will see there were 2 entries that had 5 children (Not including my own). Muppet and Gocats both have 5.
After much deliberation and thinking about it all night (oh…[Read more]

you might have to make a big choice now.

Do you go for the century

or

Declare and keep practicing that baby making.

Regards westan

Bianca

they have rules, but the umpires change them throughout the game, it makes the games a lot closer.

regards westan

Yeh del

i have the same problem it makes me look like i’m lossing my hair[!]

come to think of it so does photo’s and in fact even the mirror gives that illusion. []

regards westan
PS anyone seen a Guinea Pig ours has escaped

Sorry for not answering you Lawry

yes you answered your own question correctly.

westan

Hi leigh

is that show “strip Search” ?

westan

Hi all

Thanks for the contibutions

Well the time is drawing near to close the competition.
No more enteries will be accepted after 6.30 Eastern Australian time.

muppett yes you are looking good but Gocats got five also, so it will come down to the judges finally verdict.
who knows we may get some late entries.
regards westan

Hi rt

if i was able to save $2300 i’d be buying a heap more than 10 properties in the next 3-6 years.

regards westan

hi all

my motivation is the same as you guy’s

mainly so i am able to do whatever i want with my life rather than having to spend the most productive and crteative hours of each day working to survive. I should add that i love my job.
Also the idea of having more, means being able to give more.
one other thought is to set up my own family…[Read more]

ez rent

this topic was done a number of weeks ago i suggest you look up the seach and read what others and i said on the topic.
at the risk of starting it all again. let me use your analogy but a closer arguement would be,
if someone recommended a car to you. you went out and bought it and the car was fantastic but then you discovered that the…[Read more]

hi Phillipe

the property would need to be owned by the company to do that. One issue in OZ is we don’t pay Capital Gains Tax on our own home so often it is best to buy in your own name. in some special situations it is worth buying the property in a compant or Family Trust. As Walkernick said it would be worth asking a switched on accountant.…[Read more]

Polski

i like Dolf De roos’ “real estate riches” a great why you should be buying real estate.

regards westan

yes, i agree Del, good on you keith, well done

keep it going and you will be able to kiss that pension goodbye[]

regards westan

Hi polski

re rural properties do you mean town and cities in counrty areas or rural properties ie farms.
i haven’t bought farms but do buy in regional cities and towns.
if farm then most of us on the forum buy for the income the property would produce, so it would depend on that. There could be some added difficulties in securing finance for…[Read more]

Muppett

sure can video it for you. i taped the first time he was on, so i’ll add it on.

But do you have electricity in King Country?

westan

Trish

i agree with Mortgage hunter. RE loan repayments.

regarding country investing.
i don’t know the WA market so some general comments
make sure where ever you buy there is a strong rental demand. you want the property rented. In Vict country areas have had more Capital Growth than Melb. can this continue ?
i think it can
1 return of people…[Read more]