Forum Replies Created
Agree with you Eccles about the opinions.
bribie
enduser,
This is the only forum that I’ve been associated with and with some of the things that go on here, I don’t have any real desire to look at any others even if I had the time.
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Gavin,
Rick Otton is not a name that I am familiar with. Does seemed to have traveeled north of the border.
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Terry,
I haven’t heard or seen of this Trust Magic book. Do you know where it is available?
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Thanks Scotty,
I have read two of Hans books and heard him on the local radio earlier in the year talking about the properties that he had purchased in Queensland(Beenleigh, Eagleby etc) but haven’t heard him speak or purchased his tapes etc. Congradulations on your success.
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stevod,
Watch out the Enjoylady will get you for criticising or maybe you comments weren’t regarded as rude like mine appaarently were perceived to be. Only kidding Enjoylady.
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Salary Packaging is quite a compilacted area and depending on what you include in your package also effects what maybe subject to FBT. Somethings like laptops, calculators, briefcases, QANTAS Club membership etc have no FBT, cars do partly depending on the no of kilometres driven. Other things like health insurance. life insurance, loan repayments are subject to full FBT. Certainly some advantages if you can package well although it can create problems with financiers or at least a lot of explaining.
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Native_Metal,
Contact your local ASX – they run course and also you can contact a local stockbroker, tell them what you are interested in and the better ones will have information to help you, mailing lists for monthly newsletters etc.
Agree with the authors mentioned. aslo you may like to look at what’s offered by lincoln – stockdoctor – there is a web site.
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Wouldn’t it depend on the particular situation and the amount of equity – LVR etc? If a reno was to add an additional bedroom or garage etc that may very well change the valuation and the rental prospects maybe more than just doing up the kichen and bathroom.
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dannads,
Excuse my ignorance but what is LMI refund?
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Gavin,
Without knowing where the service station is I would suggest you will need to do your due diligence before progressing too far. Check with the Main Roads Department to see if they have any changes planned which may effect passing traffic? Years ago, I worked for BP and in those days, the fuel sales paid for the lease on property and equipment and the workshop was your cream. Nowdays with a lot of self serve outlets, the shop is probably the cream and if there is a workshop attached, it maybe leased out.
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Leo,
A few lunchtimes a week when I can get out of the office, I do the rounds of the bookshops looking for new titles and have a brief scan through, maybe find a chapter of interest and then a quick read of that chapter. If there something I like, I buy so I have reasonable size library now.
Ben thanks for the insight into the seminars – I’ve never attended any of his but have read his book.
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Thanks Steve, I did search the Treasury Chest and answered my question but also opened up another new world for me to search.
Thanks
bribie
I don’t sign on every day so after four days, it was interesting to see the replies. You’re right, I’ve never meet Steve and I don’t and wont put people up on pedestals regardless of how good they maybe. I was simply expressing an opinion which a lot of people seemed to have read and accepted save for the same few people that always come to Steve’s rescue – not that he needs it.
I accepted Steve’s response, I’ve made my decision this time and so life moves on. People don’t know my circumstances so a couple of hundred dollars may be a big deal for me at present. Anyway enough..bribie
I think the standard in Brisbane is 8.5% plus between $3.50 and $5.50 for postage and petties. But as with anything, it is negotiatable. Other things to look out for include the period of notice to be given. My son is just renting out his first house and the PM wanted 90 days notice and 8.5% which we negotiated down.
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lister6
There have been previous postings on the topic owing vs renting. If you do a search you should find things. Steve had been renting when he first started.
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I haven’t attended any of their seminars but they do have a book out – Streets Ahead. Maybe get hold of the book and if you like what’s in the book you can go further.
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In the early days we had done our own conveyancing to save money. The divorce law reorm society had a kit available. Now days, we have found a solicitor who will do things at a reasonable rate and saves us a lot of time and headaches and the solicitors fees are tax deductible for investment properties.
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I.ve been to the one in Brisbane but with most of these things, people get different things out of them. The last one that I went to, I made contact with a surveyor company but as we talked he mentioned a coupled a land developments that they were doing. Last one in Brisbane, our PM was offering free tickets as they had a stand at the show.
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In the book Ordinary Millionaires by Jim Mc Knight, chapter four introduces ‘jesse’ who for over 15 years has made a comfortable fortune by a simple cash is best approach. The guy lives in Unley Adelaide.
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