Hi Flynn,

i cant seem to find your STEPS program. is it a course that i can purchase or is it just a forum? if you could please send me the link that would be great!

I am hoping this might help:-

https://www.propertyinvesting.com/topic/5055124-investment-detective-replacement-software/#post-5055133

Benny

Hi mkl,
Steve’s new offering in that space is a vastly improved and super comprehensive product – STEPS. If you are interested in taking a look at this, go here:-
http://propertyinvesting.com/course

Or for any other Product questions, call the office on 03 85920270,
Benny

Hi Traca,
Before going with this group (they may be OK or they may not be – I don’t know them) do use the checklist in the following link to appraise their operation.

https://www.propertyinvesting.com/topic/5023872-property-investment-firms-advice-needed-please/#post-5023875

The post linked above goes into depth re “How you can tell if…[Read more]

Hi MKB,
Terryw had gone into quite some depth on this CGT subject previously – check out my post here:-
https://www.propertyinvesting.com/topic/4410491-the-big-picture-for-new-readers-especially/page/2/#post-5006553

Read on down and follow each link – especially the last two (in the PS area) where Terryw expands on the whole subject and…[Read more]

Hi MKB,
Terryw had gone into quite some depth on this – check out my post here:-
https://www.propertyinvesting.com/topic/4410491-the-big-picture-for-new-readers-especially/page/2/#post-5006553

Read on down and follow each link – especially the last two (in the PS area) where Terryw expands on the whole subject and provides a huge chunk of…[Read more]

Hi Chamb00,
You said:

Another confusing issue I have is to buy my first home/apartment or an investment property first.

That is a good question. It is not one any of us can answer for you, however we can “point the way” for you to arrive at your own conclusions. Tom already mentioned that answers depend on where you are now, and where you want…[Read more]

Hi Elysium,
Glad to hear you have found someone. Re approx cost, that is difficult to say for several reasons.

I imagine there is some kind of hourly rate, but I haven’t heard what today’s numbers might be. And then it would surely also depend on the complexity of your set-up. e.g. how many properties you have, are each in separate Trusts…[Read more]

Hi Elysium,
Glad to hear you have found someone. Re approx cost, that is difficult to say for several reasons.

I imagine there is some kind of hourly rate, but I haven’t heard what today’s numbers might be. And then it would surely also depend on the complexity of your set-up. e.g. how many properties you have, are each in separate Trusts…[Read more]

Hi Sako,
“But what now ? Time to buy or is there something bigger that’s getting cooked in the background which we don’t know about ?”

Sako, the RBA has only the one gun to fire – some actually say it is a “blunt instrument”, so maybe it’s Thor’s hammer, rather than a gun. As was said on the news yesterday – “It is up to a Govt to make oth…[Read more]

Hi Sako,
“But what now ? Time to buy or is there something bigger that’s getting cooked in the background which we don’t know about ?”

Sako, the RBA has only the one gun to fire – some actually say it is a “blunt instrument”, so maybe it’s Thor’s hammer, rather than a gun. As was said on the news yesterday – “It is up to a Govt to make oth…[Read more]

Trying again to make a more readable table for the first post:-

Locations_________________Paid______Reno________Revalued____Rent/wk__Yield
Broken Hill______________44,000_____YES________95,000_______190_____10%
Broken Hill______________25,000_____YES________79,000_______175_____12%
Cairns…[Read more]

Trying again to make a more readable table for the first post:-

Locations________________Paid______Reno______Revalued___Rent/wk__Yield
Broken Hill______________44,000_____YES________95,000_______190_____10%
Broken Hill__________25,000_____YES________79,000_______175_____12%
Cairns _______________42,000________________70,000_______140_____10%…[Read more]

Trying again to make a more readable table for the first post:-

Locations_______________Paid______Reno______Revalued___Rent/wk__Yield
Broken Hill____________44,000_____YES________95,000_______190_____10%
Broken Hill____________25,000_____YES________79,000_______175_____12%
Cairns…[Read more]

Hi Angalfaria,
OK, I understood enough from that question. You are wanting to know where this company operates. I got the answer from their website.

To find this answer yourself, go there, and click on “FAQ” (this stands for Frequently Asked Questions) and scroll down to where it says:-

>>> Question: WHAT AREAS DO YOU COVER?
>>>…[Read more]

Hi Angalfaria,

Have anyone any answer to my question,

A wee suggestion – it appears English is not your first language, so why not put your question into a translator in your own language (there are lots online) and then type here whatever the English output says. I can’t answer a question that I do not understand. Make it understandable to…[Read more]

Hmm, would I say this?

The most important advantage of real estate investing is LEVERAGE!

To be sure, leverage is a very useful tool – so long as we remember that leverage works in two directions (as well as leveraging our available dollars to purchase a more valuable property, it also magnifies any LOSSES should things turn bad). Leverage is…[Read more]

Hi Tom,
That’s a helluva good story to tell – well done you two, and congratulations !! :)

I also recall you posting about aged accommodation, and you made some very interesting points there.
https://www.propertyinvesting.com/topic/5038708-over-55s-complex-deal-or-no-deal/page/2/#post-5053112

In particular, I was gladdened by the good you…[Read more]

Hi Pradeep,
Did you see the post before your own post above? It sounds like you might have a point that Helen is unaware of – maybe reach out to her directly to see what she thinks.

Benny

Hi Paul,
One further thought that struck me over this – and that is one could borrow the funds to complete the painting of the place – as with borrowing to purchase, you would be “borrowing for investment purposes” to cover what is actually a Capital Cost, so Interest could (should?) be deductible against your profits.

Like, it keeps $3000…[Read more]

Hi PSM,
Welcome aboard !! There are others on here who are able to quote you chapter and verse on all of those things (i.e. accountants) but, in case you are “hanging out” for an answer this weekend, let me share what I “think” is correct (but I am NOT an accountant, so beware…)

As I understand it, all you have said about not being able…[Read more]