Forum Replies Created
Hello Redwing,
Unfortunately I am at work now
so carnt remember the other books I have read re: trusts.I have surfed a few web sites and info links etc from books and resources.
The structure I refer to is the company > trust structure, I know it is basic, from what I have read from his book and other resources, appears to be beneficial.
I guess they carnt explain the exact or specific structures in detail, because it is dependant on individual circumstances.
I havent read Dale’s book, is it worth the read ?
Cheers
Rikky,
I probably dont, but its just my personal insight I have never moved / relocated a brick house.
I take it you have relocated a brick house? If so what was the out come? Was it worth it ?
What about the base? Wether board house is generally wood, adding extra integrity ( i.e. bracing) for transporting.
Again just my opinion, and I do believe I am looking at the whole picture logical
Cheers
Maybe and idea hold onto the first property and use the equity to fund the second
, maybe the security will assist with your next loan.But again depends on your personal situation and where you want to go.
Will the property be +geared? Imagine that, a cashflow, not too mention depreciation of certain fittings & fixtures you have just slaved for. Oh and by holding I guess you would also slash the CGT on the profit too.
Maybe get a good accountant and finacial planner in Tassie, not a devil either.
My little advice
Wow,
Interesting thread, Dazz when it all sorted, please let us know
, if all goes well naturally seek compensation plust interest Cheers & good luck
G’day Redwing.
It is interesting reading there, and he has been around awhile, I remember reading some of his articles a few years back.
It’s always good getting / learning varying opinions
Cheers
Hello Richard,
Benalla is a nice country town. I grew up the road from there Wangaratta, but now Sydney.
It is getting more tourist to the location, but is still growing / developing, slow but not going backwards.
Good purchase there
Maybe nextime you get down there time it with the ” Rose & Garden Festivale”.
They have a couple of big draw cards like this, it is also not too far from Winton Raceway, which has extreme limited accommodation for car racing.
Good luck with it, if you want to onsell for $50,000 each unit let me know HAHA
Cheers
Hello Mkc & all,
Personally for a quick start invest in self education re: property investing & structure.
I can see your eagerness, but (sorry to be a downer) if you leap in without the right knowledge & research, your investing carer may be short lived or with wrong investing serverely hampered.
Sorry again to be a wet blanket, but research and know what you are looking for. Once you have indentified the area you wish to hone in on then research it thoroughly. What might work for your brother might not work for you.
Cheers & good luck
as41,
Hello varying comments there.
Mate tell you the truth I am with the other guys never heard of anyone moving a brick house, or dont think it even possible.
Is the house on a cemement slab?
I am not a builder but the bricks hold the house together, without them huff & puff the whole thing comes down.
Even if possible the costing factor to re-brick the house would be costly.
Let us know what you decide to do, be interested to know.
Cheers
Richard,
Maybe some money to be made there, to bring out the first 100% Commercial Meal deal
Same back at you, safe travels
Same back at you, safe travels
Hello Steve,
when I logged on the other day thought I put >> .au or forgot to put in
I actually like it, very user friendly, modern.
Maybe for people like me you could add spell checker for the late night postings
Will the new layout give us all higher access
could be an early x-mas present.On that note good work on the new layout & a ‘big merry x-mas & safe new year too all .’
Mark
Mgs2,
I am currently reading the same book now, I have just finished Ed’s book Re: structure / trusts etc, which I had no idea existed before I joined this forum.
( acutally did read it in Steve’s book. )Both books are fantastic reading, coming from a person that hates reading ( rather be fishing).
As they say the guys no the biz, and quote take you through step-by-step.
I would personally neg a fixed fee, try and observe their talent, to you feel comfortable / compentent to take on the neg world
Cheers & good luck
so carnt remember the other books I have read re: trusts.
