Since 2001 | Total Members: 161,331

Benny

  • Benny replied to the topic Guaranteed Rent from Property Manager in the forum General Property 6 years, 6 months ago

    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]

  • Benny replied to the topic Guaranteed Rent from Property Manager in the forum General Property 6 years, 6 months ago

    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]

  • Benny replied to the topic Reasons to invest in Australian real estate in the forum General Property 6 years, 6 months ago

    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]

  • Benny replied to the topic Where to start – A member story in the forum Forum Frolic 6 years, 6 months ago

    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]

  • Benny replied to the topic Helen Tarrant in the forum Commercial Property 6 years, 6 months ago

    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

  • Benny replied to the topic New Investment Property – deductions in the forum Legal & Accounting 6 years, 6 months ago

    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]

  • Benny replied to the topic New Investment Property – deductions in the forum Legal & Accounting 6 years, 7 months ago

    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]

  • Benny replied to the topic New Investment Property – deductions in the forum Legal & Accounting 6 years, 7 months ago

    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]

  • On a re-read, it was THIS final comment from that earliest linked article that holds the truth about negative gearing, and the likely result of its removal if implemented with little thought:-

    Major changes to negative gearing will make housing investment less attractive. This will, in turn, impact housing supply – and we will return to the b…

    [Read more]

  • I thought this topic was worth a re-visit, as its subject matter was widely reported over the last few weeks (as the election loomed).

    Here we are three years later – and (fortunately, imho) the changes discussed above won’t be taking place as Labor was roundly trounced at the 2019 election. Seems not many voters wanted:-
    1. Labor to cut CG…[Read more]

  • Benny replied to the topic Purchase Now or Wait in the forum Help Needed! 6 years, 7 months ago

    Why not join us all on tomorrow night’s webinar (advertised on the front page, but link below)

    http://www3.propertyinvesting.com/mu19

    You’ll see from the advert that there will be a Market Update for all cities, a whole heap of other good stuff, as well as a Q&A session. Very good value for just $20. Check it out,

    Benny

  • Benny replied to the topic Frankston 2019 house prices in the forum General Property 6 years, 7 months ago

    Hi Angal,

    What are the Frankston 2019 house prices? It gradually continues as the previous year.

    Surely, that will depend on other factors. Just because a suburb’s values have increased over 2 or 3 years is no guarantee that this will continue for the current year. It could be that the prices have hit a peak, and the values may flatten or drop…[Read more]

  • Benny replied to the topic Frankston 2019 house prices in the forum General Property 6 years, 7 months ago

    Hi Angal,

    What are the Frankston 2019 house prices? It gradually continues as the previous year.

    Surely, that will depend on other factors. Just because a suburb’s values have increased over 2 or 3 years is no guarantee that this will continue for the current year. Maybe the prices have hit a peak, and the values will flatten or even drop in…[Read more]

  • Benny replied to the topic Frankston 2019 house prices in the forum General Property 6 years, 7 months ago

    Hi Angal,

    I want to know that Frankston works only in Melbourne or others?

    I don’t understand the question there. Care to rephrase it?

    Benny

  • Benny replied to the topic Getting started, but seem's impossible. in the forum General Property 6 years, 7 months ago

    Hi Carr,
    Keep in mind that Steve’s book was written many years ago and, even when he was buying up, this was in a “forgotten area” of Ballarat. He bought there because the numbers worked for him there, at that time. Later, when the numbers didn’t work, he moved his focus to NZ, then later to the USA. It was all about tailoring his investing…[Read more]

  • Benny replied to the topic Getting started, but seem's impossible. in the forum General Property 6 years, 7 months ago

    Hi Carr,
    Keep in mind that Steve’s book was written many years ago and, even when he was buying up, this was in a “forgotten area” of Ballarat. He bought there because the numbers worked for him there, at that time. Later, when the numbers didn’t work, he moved his focus to NZ, then later to the USA. It was all about tailoring his investing…[Read more]

  • Benny replied to the topic "It ain't necessarily so!" – with apologies to George Gershwin in the forum Opinionated! 6 years, 7 months ago

    Oh my – here we are, knee-deep in electioneering ahead of next week’s Federal Election, and half-truths and untruths are flying thick and fast. Do share some of yours too as you see/hear them.

    I rather like someone’s suggestion “That parties found to be telling blatant lies during an election campaign should be brought to justice!” I can’t see…[Read more]

  • Benny replied to the topic "It ain't necessarily so!" – with apologies to George Gershwin in the forum Opinionated! 6 years, 7 months ago

    Oh my – here we are, knee-deep in electioneering ahead of next week’s Federal Election, and half-truths and untruths are flying thick and fast. Do share some of yours too as you see/hear them.

    I rather like someone’s suggestion “That parties found to be telling blatant lies during an election campaign should be brought to justice!” I can’t see…[Read more]

  • Benny replied to the topic Is the Climate Changing? and in what way is that happening?? in the forum Opinionated! 6 years, 7 months ago

    As the clanging bell of “Climate change” becomes more and more strident, the more I believe we all need to take a cold shower and re-look at some facts.

    One fact I recall (about the time that we were fighting “chlorofluorocarbons in aerosols, and the hole in the ozone layer”) was that the icy poles on Mars were observed to be melting (or had…[Read more]

  • Benny replied to the topic Canterbury Property services – Property Investing in the forum Help Needed! 6 years, 8 months ago

    Hi Paul,
    Thank you for sharing that. They will fit into one of these two categories:-
    https://www.propertyinvesting.com/topic/5023872-property-investment-firms-advice-needed-please/#post-5023875
    … and I think I can guess which one ! My points 3 and 4 in that link were already coming true, and he wasn’t there long.

    Seems you were too…[Read more]

  • Load More

Benny

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