I was trying to see where these costs would be accounted for in the case studies that were given to us at the course.

Thanks and regards
4walls

Given the case studies from the seminar. Would one assume buyer’s agents fees to be worked into closing costs?

regards
4walls

Thanks heaps.

regards
4walls

We are considering setting up something offshore at the moment. We have an appointment tomorrow with the trust guy…..He mentioned something about there being no need for a BVI Trust and just setting up a straight BVI. Also if the directors are Australian citizens then there should be no issues with FIRB.

regards
4walls

I have 3 names of buyer’s advocates.
1. buyer’s advocate at spring hill
2. buyer’s agent at stone’s corner
3. property research at redhill

Anyone have any thing to say about these guys or recommend someone they have dealt with please.

thanks and regards

4walls

Well done. Would be interested to hear what your customised terms and conditions are. You can email me at danron88@hotmail.com

Please pardon my ignorance if this is something I am not supposed to ask.

regards
4walls

I too would like some feedback on this topic. I remember reading that Sooshie said using a Buyer’s Agent was for the passive investor. I can vaguely remember Steve saying that this was giving up control. So, how do we keep control and be non-passive. Do the research so you will be stipulating location, type of dwelling, purchase…[Read more]

Did you manage to find an answer to your question “capitalizing stamp duty”?

I emailed my accountant, who came back with this answer.

You cant claim depreciation on Stamp duty. Stamp duty forms part of the cost base of the property.

Which was outlined by Michael & Kaye.

regards

4walls

best regards
4walls

love to see a flyer too please.

danron88@hotmail.com

regards
4walls

We are currently going through the same tough decisions!

I don’t know if you have a chance to attend Steve McKnight’s seminar in Melbourne over the weekend. It was fantastic to see people from all walks of life just going for it and making it work.

I’m thinking, that the net below our trapeze can sometimes be our…[Read more]

Excellent weekend!!!!

Hubby picked me up from the airport in Singapore
at 6.30am this morning. I dropped him off and went home to see the children – took my daughter to school. Then came home and called a new real estate agent in QLD to help us solve our vacancy problem.

My husband says I’m on fire….!!!!!!!
I think he will call…[Read more]

Yes, don’t mean to sound like a pompous git. I now recall a conversation I had with a realestate agent around3 years ago. A major high profile corporation had rented a house for one of its executives. He had had a major party and done some real nasty damage to the house. The rent wasn’t cheap.

I guess I just got the wrong…[Read more]

Of…[Read more]

An interest only loan is suitable if your goal is to achieve positive cashflow on your investment. Basically, with an interest only loan you are actually making your money (that you put down as deposit) work harder for you. I see no reason to increase equity in your investment if your goal is to achieve the maximum return on equity.…[Read more]

I have had the biggest laugh, albeit at my own expense.

Good news – the expense sheet doesn’t look so bad and that makes me heaps happy.

regards
4walls

regards

4walls

We did engage someone professional to find our last property. To cut a long story short – it was not a good experience.

But its a good idea – and I will discuss with hubby about trying this again.

Thanks for your insight.

I’m off to download Buyer Beware!

Talked to hubby earlier…[Read more]

I must be confused about your post. I emailed a portion of your post to my solicitor and asked her to investigate. I thought that we maybe able to get a concession or something on land tax as we have have sold our house and are settling in March. As you know land tax is charged Dec-to-Dec. We have never lived in the property.

The…[Read more]