Total Members: 158,541
  • [email protected] replied to the topic Christmas gifts to tenants? in the forum Help Needed! 7 years, 7 months ago

    I give good tenants voucher of 50 bucks for movies once a year

  • [email protected] replied to the topic melbourne, to sell or not to sell in the forum Help Needed! 7 years, 7 months ago

    I have 5 properties and only 1 has a mortgage.
    I never bought a negative geared property.
    I follow kiyosakis and deroos ideas:
    You make money when you buy, not buy and pray that value goes up!
    All the people who have negative geared properties actually gamble and hope prices go up! That is not investing to me, no offence to anyone.
    My advice,…[Read more]

  • [email protected] replied to the topic melbourne, to sell or not to sell in the forum Help Needed! 7 years, 7 months ago

    I have 5 properties and only 1 has a mortgage.
    I never bought a negative geared property.
    I follow kiyosakis and deroos ideas:
    You make money when you buy, not buy and pray that value goes up!
    All the people who have negative geared properties actually gamble and hope prices go up! That is not investing to me, no offence to anyone.
    My advice,…[Read more]

  • [email protected] replied to the topic Advise Needed on Australian market in the forum Help Needed! 7 years, 7 months ago

    Hi there
    I am a german in the victoria market and usa, las vegas.
    In las vegas I have 15 to 22% return plus capital gains.
    Here in australia.
    Well very different.to find cf properties is pretty unlikely.
    I achieved 6.5 and 8% in bendigo plus gains.
    In melbourne we had to buy a big block and doing plans and permits for 3 houses in order to create…[Read more]

  • [email protected] replied to the topic American Foreigner Investing in Australia? in the forum Overseas Deals 7 years, 8 months ago

    Hi engelo
    I am a german who lives in victoria.
    Have 2 houses in usa and 3 houses in victoria.
    I strongly agree with you! Why invest in australia when you struggle to get 6or7% return and hope and pray that the market goes up (btw market in victoria is too high, just my opinion).
    In usa I am getting 20 and 25% return and capital growth.
    Just my 2 cents

  • [email protected] started the topic need mortgage broker in the forum Help Needed! 7 years, 11 months ago

    Hi there
    We are in need of a good broker.
    I did interview a few.
    Who knows a broker who really knows their stuff?
    We need a broker who knows that rent income from usa properties will count in australia as income!
    Thanks

  • [email protected] replied to the topic What is rich? in the forum General Property 8 years ago

    Very simple for me.
    I earn atm $950/ wk without working.
    I have 3 levels for me.
    $500/wk I am secure
    $2000/wk I am comfy
    $1mio/ year I am rich.

    All the money will be passive income.
    I wont have to work

  • [email protected] replied to the topic CBA best rate for invesment? in the forum Finance 8 years, 2 months ago

    We are with cba for 1 ip.
    Had the best rate 2years ago,4.15%.
    Now increased to 4.59

  • [email protected] replied to the topic Does investing in the US actually work? in the forum Overseas Deals 8 years, 2 months ago

    Well I think as with everything, get information then make a decision.
    Unfortunately if you never been to the usa it is very difficult to make decisions.
    I bought 2 houses in vegas in 2011.
    Costs 70000 and 80000 dollars after renovations.
    Today they both return approx $25000/year.
    Return is great.
    in 2011 1au $ = 1.10 $ us
    Houses worth today…[Read more]

  • [email protected] replied to the topic Is it best to buy in an LLC or in own name? in the forum Overseas Deals 13 years, 6 months ago

    i had the same question.i decided that i ll purchase first ip in usa in my name.if u purchase through llc,hardly any bank will give u money in the near future.i ll purchase more properties in the future and have a better chance to finance through my ip in my name,which i ll purchase in cash.another thing is the costs to set up and tax return…[Read more]

  • hi robertim german,live in melbourne and would like your advice about investing in usa.where to start?do i need a bank account,address llc etc?people tell me so many different things.now i checked with the irs and all what wa said was wrong.can u pls advice me how to get started?i have a bit over 100 000 in cash.read all books by kyosaki and dolf…[Read more]

  • [email protected] replied to the topic MyUSAProperty – Beware !!! in the forum Overseas Deals 13 years, 7 months ago

    hi charlie3.my name is bernie.i want 2 buy properties for cash flow.id appreciate it heaps if u can tell me what u know,how to get started,how to set up account llc etc.and i like to hear what u buying at the moment,how u rent out places agent or management team,legal team etc.thank u in advancebernie

[email protected]

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