Since 2001 | Total Members: 161,325

Benny

  • Benny replied to the topic Training in the forum Help Needed! 3 years, 7 months ago

    Hi Laura,

    There is a series of webinars due to start soon in May.  Call up the office on 03 85920270 and enquire about Deal Club.  As far as I know this will be Steve sharing his findings as he does a deal (likely Commercial) and also advising viewers who are looking at buying properties (likely using STEPS) and want to ask questions.   These web…[Read more]

  • Benny replied to the topic I want to ask about the tax on the sale of the house. in the forum Opinionated! 3 years, 7 months ago

    Hi Naruk,

    Did you build it to live in?  And did you live in it?   If so, how long?  Have you asked your accountant these questions?

    Benny

  • Benny replied to the topic I want to ask about the tax on the sale of the house. in the forum Opinionated! 3 years, 7 months ago

    Hi Naruk,

    Did you build it to live in?  And did you live in it?   If so, how long?

    Benny

  • Benny replied to the topic I need an investment strategy for my situation in the forum Value Adding 3 years, 7 months ago

    Hi jeeakz,

    Looks like you have put yourself in great shape to sculpt a really good future in your retirement.  Well done.  Re “what’s next”, I’ll leave that to smarter people than I, but I did want to pop in a question or two so that others might formulate a path that will really suit you.

    First, you are talking of retiring – at that time, w…[Read more]

  • Benny replied to the topic Pre Construction Condominium in the forum Buy, Swap & Sell 3 years, 7 months ago

    Hi Timely,

    That depends on a lot of factors.  But for mine, I prefer to look the other way, so I’m a “NO” to your question – rather like Jason in this link :-

    https://www.propertyinvesting.com/buying-investment-property-off-plan-dumb/

    There are so many things that can go wrong when purchasing any property off-the-plan that I prefer to leave…[Read more]

  • Benny replied to the topic Brisbane Property Networking Group Meeting – Tuesday 26th April 2022 in the forum Heads Up! 3 years, 7 months ago

    Hi HLaura,

    Wouldn’t be likely – the meeting is a Brisbane one.  Steve is from Melbourne.

    Benny

  • Benny replied to the topic Training in the forum Help Needed! 3 years, 8 months ago

    Hi HLaura12,

    The training that is available currently is computer-based, and it outlines the steps Steve recommends we take leading up to, and at the time of, purchasing investment properties.   The course is very complete and includes a 14day free trial to ensure that the product suits your purpose before final commitment.

    To check it out, go…[Read more]

  • Benny replied to the topic Are Govts making Covid tougher on us than they should? in the forum Opinionated! 3 years, 8 months ago

    Thanks to Steve – in another post he found a link that puts a statistical value on a human life in Aust.  I link his post here, as it adds some value to an earlier post in this topic.  Here’s Steve’s post:-

    https://www.propertyinvesting.com/topic/5082736-65-roses-gamechanger-for-many/#post-5082778

    The first link goes to a Wikipedia entry ti…[Read more]

  • Benny replied to the topic Are Govts making Covid tougher on us than they should? in the forum Opinionated! 3 years, 8 months ago

    Thanks to Steve – in another post he found a link that puts a statistical value on a human life in Aust.  I link his post here, as it adds some value to an earlier post in this topic.  Here’s Steve’s post:-

    https://www.propertyinvesting.com/topic/5082736-65-roses-gamechanger-for-many/#post-5082778

    The first link goes to a Wikipedia entry ti…[Read more]

  • Benny replied to the topic Are Govts making Covid tougher on us than they should? in the forum Opinionated! 3 years, 8 months ago

    Thanks to Steve – in another post he found a link that puts a statistical value on a human life in Aust.  I link his post here, as it adds some value to an earlier post in this topic.  Here’s Steve’s post:-

    https://www.propertyinvesting.com/topic/5082736-65-roses-gamechanger-for-many/#post-5082778

    The first link goes to a Wikipedia entry ti…[Read more]

  • Benny replied to the topic cystic fibrosis – a gamechanger for many in the forum Forum Frolic 3 years, 8 months ago

    Hi Steve,

    And thanks – some worthwhile reading there.  And yes, I recall hearing that the Govt lobbies drug companies too – so perhaps that $300k per year was negotiated down to $200k, which then exceeds the current “statistical value per year” of an Australian life.

    That second link has a host of interesting thoughts within.  It is very much a…[Read more]

  • Benny replied to the topic Buying Commercial Property – Structure in the forum General Property 3 years, 8 months ago

    Hi psaini,

    Do you have Steve’s book “0 – 130 properties in 3.5 years” at all?  If so, and it is the 2009 version (the update), go read chapter 9.  It gives a really good writeup of just how and why Steve uses companies and trusts.  He tells me too, that the same system works for both resi and comm – but NOT if negative geared.  The latter wou…[Read more]

  • Benny replied to the topic Buying Commercial Property – Stucture in the forum General Property 3 years, 8 months ago

    Hi psaini,

    Do you have Steve’s book “0 – 130 properties in 3.5 years” at all?  If so, and it is the 2009 version (the update), go read chapter 9.  It gives a really good writeup of just how Steve uses companies and trusts.  He tells me too, that the same system works for both resi and comm – but NOT if negative geared.  The latter would need a c…[Read more]

  • Benny started the topic cystic fibrosis – a gamechanger for many in the forum Forum Frolic 3 years, 8 months ago

    The killer disease cystic fibrosis (65 roses) this week became far less of a problem for a number of Australians.  From what I hear, a particular drug (Trikafta) was costing families up to $300k per year as they struggled to keep a child with CF alive.   But late last week that all changed as Australia put Trikafta on the PBS for folks with one pa…[Read more]

  • Benny started the topic 65 roses – gamechanger for many in the forum Forum Frolic 3 years, 8 months ago

    The killer disease cystic fibrosis (65 roses) this week became far less of a problem for a number of Australians.  From what I hear, a particular drug (Trikafta) was costing families up to $300k per year as they struggled to keep a child with CF alive.   But late last week that all changed as Australia put Trikafta on the PBS for folks with one pa…[Read more]

  • Benny started the topic 65 roses – gamechanger for many in the forum Forum Frolic 3 years, 8 months ago

    The killer disease cystic fibrosis (65 roses) this week became far less of a problem for a number of Australians.  From what I hear, a particular drug (Trikafta) was costing families up to $300k per year as they struggled to keep a child with CF alive.   But late last week that all changed as Australia put Trikafta on the PBS for folks with one pa…[Read more]

  • Benny replied to the topic Blackwater Investment in the forum General Property 3 years, 9 months ago

    Hi Dissanayake,

    Sounds like some good news for you.  Re this comment – “Now I can cover my loan and good return.” – were you not covering your loan previously?  i.e. was it negative geared?   Was it like that when you bought initially?

      Morning expansion between Emerald and Backwater would impact the markets.

    I wonder about that comment – was…[Read more]

  • Benny replied to the topic Potential sub division on first investment property in the forum Value Adding 3 years, 9 months ago

    Hi Daniel,

    I hesitated to add my thoughts for a couple of reasons – 1. because I have never done a subdivision before, and 2. I don’t know Victoria.  But, since no-one else with more experience has stepped in, I thought I’d have a go.  If nothing else, my thoughts might help you to choose your path, based on the questions I ask.

    First off, w…[Read more]

  • Benny replied to the topic Potential sub division on first investment property in the forum Value Adding 3 years, 9 months ago

    Hi Daniel,

    I hesitated to add my thoughts for a couple of reasons – 1. because I have never done a subdivision before, and 2. I don’t know Victoria.  But, since no-one else with more experience has stepped in, I thought I’d have a go.  If nothing else, my thoughts might help you to choose your path, based on the questions I ask.

    First off, w…[Read more]

  • Benny started the topic What price changes are next for flood-hit areas? in the forum Opinionated! 3 years, 9 months ago

    Corelogic came out yesterday with a historical look at the Brisbane residential property market after the 2011 flood.  It was a LinkedIn article for those who wish to chase it up.

    The graph showed that values collapsed following the flood and didn’t return to “par” for a further 5 years.   However, they also noted that Brisbane market was in a d…[Read more]

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Benny

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