Thanks Redwing,

Very busy these days reading, (bought Neil Jenman’s “Don’t Sign Anything” today) and learning from others! Soon I’ll get to put it all into action!!

Cheers
Bron

Thanks Mel,

Also fell on the floor……. laughing. Ha Ha!

Cheers
Bron

Chan$,

I guess you have to buy an IP before you can sell it!! (First one coming up soon!) We’re on Macs which both complicates things and make them easier at the same time. If I could afford a waterproof Mac it would probably pay the deposit on 2 IP’S!

Also, if I smile nicely, will you buy me a spa too? Just a small one would do!!

Bear,

Sad…[Read more]

OK Pelican! You win!!

Thanks Guys!! It wasn’t really too serious a question. My brain just gets a bit deep fried in this weather. It’s been going on for weeks…..MMMMMMmmmmmm, airconditioning!!

I do know I won’t be moving to Singapore in the near future though!

Stay cool!
Bron

itsa!

Congrats on your first IP!!!!

As another new player I’m here to say – Love to see your checklist!!

Have had Steve McK’s “Buyer Beware” package for a week, which seems pretty good to the untrained eye. I’m sure I’ll develop my own over time but looks a good place to start!

Cheers
Bron

That’d be right!! Trade in your old faithful bike once you become an investment tycoon!!

Seriously… Thanks for that and good luck with your plans!! I’ll be keen to know how things are going for you!

I think I’m headed in the right direction.

Cheers
Bron

BTW I’d still like to hear from anyone else’s experiences!

Bron

Thanks Chan$, Yack, Leigh K and Shaun!!

That stuff is really just so helpful right now! All the specifics about making the most of tax and the intricacies of legalities are going to become more and more useful and important as time goes by. (Soooo much to learn!) But getting really broad info gives me more confidence to make a start.

Maybe one…[Read more]

Thanks Leigh K! Thanks SIS!

I think being cautious about an accountant sounds like good advice. SIS you mentioned a good accountant up our way in a past post, who we plan to visit in the next couple of weeks along with some others. Is it usual to “interview” accountants?

How do you do due diligence when sometimes you’re not quite sure of the…[Read more]

Hi Foston,

No, haven’t read it (sorry) but would be interested to know about it too!

Cheers
Bron

Hi Warren,

Thanks for your reply.

Before we go too far there’s a couple of things I need to clarify…..

Firstly, the “Steve” I am referring to is Steve McKnight!! His advice is not to use more than 40% equity in your PPOR.

Secondly, there is a typo in one of my posts (and some dodgy maths as I was racing out the door yesterday)

Sorry for…[Read more]

Also Simon, our PPOR is a nice place to live for now but not our “Dream Home”. I also don’t really know if it would be very rentable. Nice house but steep block.

Bron

Thanks for your reply Simon,

Our line of thinking was that we could utilise the 280k to finance more IP’s inaddition to the 100k, thereby accelerating the whole process.Rather than just using the 40% equity ie 120k.

Cheers
Bron

Not sure if it’s OK to post this on this site but…. I have read some of the feedback from their workshops on http://www.financialsuccesssystems.com

You’ve probably thought of this already, but just in case…..

Bron

All the best Huey

Regards
Bron

Sorry to hear about the loss of your friend, Huey.It’s always a tragedy when a person decides to take their own life. Those closest always spend time agonizing over what they could have done differently, but really, most of the time, there’s really very little. It’s so hard for those left behind who now have so many questions and little…[Read more]

Hi 2004, Wildly Wealthy, Ricksta and Freedom8,

If any of you, or anyone else local, would like to chat drop me a line – bmckay@paa org au

I’m from Buderim (Sunshine Coast). What a great part of the world!

Cheers
Bron

Thanks for the reply Cornel,

(I’ve just got back after a few days away)

Finding any sort of proactive accountant isn’t easy. Finding a specialist accountant – well.. to really see their worth – you only get one go every year! Any tips are worth their weight in gold!

Cheers
Bron

Fascinating stuff!

As a property investing beginner – this is my first post to this site – I’m doing some serious research before taking the plunge and checking out a number of accountants (bad past experiences) before choosing one to help me out with this stuff.

Did anyone find out the details of the “secret” accountant before they were…[Read more]