Total Members: 158,076

alotti

  • alotti replied to the topic CGT – Can I be exempt? in the forum Legal & Accounting 15 years, 11 months ago

    great, thank u for your help!

  • alotti replied to the topic I have inherited some money, what should I do? in the forum Help Needed! 16 years ago

    thank you for your advice guys!nucopia, i love your idea! i was assuming that 100k would just be a deposit & i'd have to get a mortgage, i didn't consider buying a 100k property outright. i just had a look at realestate.com & there are plenty of properties in that price range with a good return. i don't know about the potential for growth as i…[Read more]

  • alotti replied to the topic what you don’t know about “the Secret” in the forum General Property 16 years, 10 months ago

    there is a significant difference between positive thinking and wishful thinking. one is productive, the other is destructive.and now to quote buddha: "desire is suffering".

  • alotti replied to the topic Brisbane – December Y@H Investors Meeting in the forum General Property 17 years, 3 months ago

    Sure, why not [happy3]

  • alotti replied to the topic Brisbane – December Y@H Investors Meeting in the forum General Property 17 years, 3 months ago

    everyone is welcome, we will even accept russians…

    [happy3]

    Lena

  • alotti replied to the topic Good areas to live in SE QLD in the forum No Subject 17 years, 3 months ago

    What kind of beach do you prefer? If you don’t need a crowded touristy place like the Gold Coast, but a coastal beach for locals, try Redcliffe in Brisbane’s outer northern suburbs. I just purchased a very cheap house there to renovate. I think it is yet to boom, and it’s less than 30km to the Brissie CBD.

    Lena

  • alotti replied to the topic IS THE GREAT AUSTRALIAN DREAM FINALLY DEAD!!!!!!!! in the forum Help Needed! 17 years, 3 months ago

    Hi Peter,

    I hear what your saying.

    What you need to realise is it’s easier to invest than to buy your own place. This is because you only pay a fraction of the morgage and the tenant does the rest. There is little wonder why so many people are renting their residence in order to invest. When your investment goes up in value, you can use the…[Read more]

  • alotti replied to the topic Tenant Help Required! (Part 2) in the forum Help Needed! 17 years, 3 months ago

    Thanks for the advice guys. I will let him know that we will not reimburse him for 3 reasons:

    1. He made the connection before seeking approval.
    2. He chose an expensive option (which he required for work).
    3. He demanded the reimbursement instead of asking politely, I don’t deal well with people like this.

    Cheers, Lena

  • alotti replied to the topic Rate Rise in the forum Finance 17 years, 3 months ago

    Hi Foundation,

    Thanks for the interesting reply, although I had to read it twice [blush2]. I must admit your view on the econimic climate makes me want to run to the hills! But I’m not one for timing the market, so I won’t even try.

    Lena

  • alotti replied to the topic How to increase your cashflow on properties in the forum No Subject 17 years, 3 months ago

    Well done Simon.

    You know this is the only forum I use for that very reason! I’m so tired of spam, especially when it sounds realistic, like posting “I’ve found a great deal” and they’re selling high rise apartments on the Gold Coast…

    Lena

  • alotti replied to the topic GET SAVING in the forum Heads Up! 17 years, 3 months ago

    I think it’s too easy for our generation. We can get almost anything instantly on “interest free terms”. My parents raised me to only spend if I had the cash in my hand, yes we are European [biggrin].

    I wish credit cards and personal loans didn’t exist so people would have savings accumulating instead of debt , whether they liked it or not!

  • alotti replied to the topic Rate Rise in the forum Finance 17 years, 3 months ago

    Having only been in the real estate game for a few years, I’m wondering if the current interest rates are high in proportion to investor’s commitments? What part of the interest rate cycle are we in? I would have thought at the bottom but some say nearing the top… I’ve heard all the horror stories of the 90’s, is it possible for history to…[Read more]

  • alotti replied to the topic Depreciation specialists – should we use one? in the forum Help Needed! 17 years, 3 months ago

    definately, you will be surprised how many things they find you can claim. you will get your fee back in no time (plus it’s tax deductible). i used the same as simon’s.

    lena

  • alotti replied to the topic Tax Querie in the forum Help Needed! 17 years, 4 months ago

    Hi Nathan,

    I just read a book called “Rental Property and Taxation” by Tony Compton. It’s an easy to read guide about what is claimable, what you can depreciate, the actual process of depreciation, CGT etc. I still wouldn’t do my own tax, but I’m more confidant about talking to the experts now.

    Lena [happy3]

  • alotti replied to the topic Newby looking for Guidence in the forum Help Needed! 17 years, 4 months ago

    hi brian,

    u may want to find out how much destiny charges. i called them recently and was quoted $3,000 depending on the scope of your plans. i suppose you will get your money back using their advice, but i decided to invest in lots of books instead [grad] margaret’s books are great.

    lena

  • alotti replied to the topic Rental auctions in the forum General Property 17 years, 4 months ago

    what a great concept. i don’t think they would be unfair or unethical. a person will pay whatever they want to pay. if an auction stirs up emotions then it’s upto the individual to know when to stop. if the property rents for higher than market value because of demand then you can’t blame the real estate agent…

    lena

  • alotti replied to the topic A bit confused on CF in the forum Help Needed! 17 years, 4 months ago

    Hi as41,

    A large deposit is an easy way to ensure positive cashflow, but it’s not the best way. Some people will tell you that it defeats the purpose of finding a good deal. Try looking for properties that will be positive on only 10% deposit, this may not be easy but keep looking. I wouldn’t tie up 20% in one property unless I absolutely had to.

    Lena

  • alotti replied to the topic Anyone need painting advice? in the forum Value Adding 17 years, 4 months ago

    That’s great, thanks Frank!

    Lena
    [builder]

  • alotti replied to the topic Anyone need painting advice? in the forum Value Adding 17 years, 4 months ago

    Hi Frank,

    I hope you don’t mind yet another question. I need some advice on removing wallpaper. It is a lovely 70’s bright orange floral pattern! Many bits are half peeling.

    I called Bunnings and they told me to buy a wall paper removal solution and cover the paper with that. Another friend said that I need to hire a steam machine?

    And then…[Read more]

  • alotti replied to the topic Licence to Occupy in the forum Legal & Accounting 17 years, 4 months ago

    Hi Wylie,

    Thanks for your advice, that’s great. We are nervous about this so in order to keep our sanity, we will do the minor things first and begin getting quotes for renos during the settlement period. I’m not in the position where I can fully renovate a house that I don’t techincally own, even though the risk is small, it’s still there! But I…[Read more]

  • Load More

alotti

Step 1 - 0% Complete

Fill Out Your Member Profile Below

Fill in the required fields below to complete your registration.

Registration not only grants you full access to this website, but will also enable us to send you our newsletter, latest investor tips, strategies and information about events/products relevant to investors. You can opt out at any time.

Used to log in to the website and for targeting with messages. Alphanumeric characters only. No spaces allowed..

Member Login
Lost your password?
×
158,076

Register Free To Unlock Unrestricted Access To PropertyInvesting.com

×
1-Day Millionaire Mastermind Workshop - Only LIVE Training in 2019!