PropertyInvesting.com | casanovawa | Activity https://www.propertyinvesting.com/members/casanovawa/activity/ Activity feed for casanovawa. Mon, 13 Apr 2026 16:37:24 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 19a6edf089331623d67eca3ab6c047f1 casanovawa started the topic Tim Guest - thoughts? in the forum Heads Up! https://www.propertyinvesting.com/topic/5043452-tim-guest-thoughts/ Thu, 08 Mar 2018 06:01:55 +0000 Went to an Tim Guest – Infinite Wealth workshop last night and some of the stuff he was saying sounded interesting. I guess if you do anything regularly you can become more expert on a range of things such as tax minimisation/strategies etc, etc… Resisted the offer of the $995 full day workshop at the end but if he has a couple of good ideas…[Read more]

]]> 35806dbb4e6f5682e65f3039c03994d4 casanovawa replied to the topic How to invest $500k for a 50 year old in WA in the forum General Property https://www.propertyinvesting.com/topic/5039290-how-to-invest-500k-for-a-50-year-old-in-wa/#post-5039308 Tue, 12 Sep 2017 06:37:49 +0000 Not sure Perth has a heap of great capital growth prospects at present… Smaller units close to the city might also be for airbnb rentals??

]]> 813bfc595d51c51da458a1b86043c458 casanovawa started the topic How to invest $500k for a 50 year old in WA in the forum General Property https://www.propertyinvesting.com/topic/5039290-how-to-invest-500k-for-a-50-year-old-in-wa/ Mon, 11 Sep 2017 08:55:31 +0000 I know someone who may be coming into $500k or so if they can sell their home for about that. They are 51 or so, without a lot in super, the $500k property is their main asset…

Without thinking about way to not sell it an use it as equity, the thought occurred to me that if they say were to buy 5 or so 1b/1b units for around about $200k each…[Read more]

]]> 4350d77c612ad768c44b75d9afbf5440 casanovawa replied to the topic Thoughts on which way is the best to go to get a loan in the forum Gazza https://www.propertyinvesting.com/topic/4407069-thoughts-on-which-way-is-the-best-to-go-to-get-a-loan/page/2/#post-4673348 Tue, 09 Oct 2012 01:56:12 +0000 Gazza

I have already built a house in the past, so don't qualify for FHOG and the last time i tried to build a house in 2010 my wage was low enough that with some tweaking i could qualifiy for a Government assistance scheme in WA that would have allowed me to build and only pay $50 a week while i was still renting waiting for my house to be…[Read more]

]]> 44d6f3630abbbc494efa3707d92286b7 casanovawa replied to the topic Thoughts on which way is the best to go to get a loan in the forum Finance https://www.propertyinvesting.com/topic/4407069-thoughts-on-which-way-is-the-best-to-go-to-get-a-loan/#post-4673346 Mon, 08 Oct 2012 16:45:32 +0000 Ok, well it seems i was lucky when i walked into the Westpac branch to arrange to see someone about taking out a personal loan that they made the appointment for the next day (Tuesday), so maybe i will just hold off seeing them today so that won't appear on my credit record…   smiley

The deposit has been sitting in my bank account for the last 3…[Read more]

]]> d39d4060a8c959dfbe7eca69d588d386 casanovawa replied to the topic Thoughts on which way is the best to go to get a loan in the forum Finance https://www.propertyinvesting.com/topic/4407069-thoughts-on-which-way-is-the-best-to-go-to-get-a-loan/#post-4673342 Mon, 08 Oct 2012 03:28:49 +0000 Ok, me again…   smiley   My lease at my rental is just about up and they want me to sign up for another 12 months and i don't want to rent that long, plus they are putting the rent up…

Which means if i say no i have like 60 days or so to move out…  Not sure if i might be able to talk to the owners and maybe negotiate another month or so???

So…[Read more]

]]> 35604e2b0ce6705bb1153d2102a6efc1 casanovawa replied to the topic Thoughts on which way is the best to go to get a loan in the forum Finance https://www.propertyinvesting.com/topic/4407069-thoughts-on-which-way-is-the-best-to-go-to-get-a-loan/#post-4673341 Wed, 18 Jul 2012 05:48:47 +0000 Ahhh well, if it can get you over the first hurdle of getting into the loan/place…  Depends if you would genuinely be hocking yourself to the eyeballs to get a home, or whether it would just speed the process up a little including it not helping to be paying rental payments of close to what the weekly repayments would be plus trying to save up…[Read more]

]]> c262b6d6786082c6af95871a0b5f09a4 casanovawa replied to the topic Thoughts on which way is the best to go to get a loan in the forum Finance https://www.propertyinvesting.com/topic/4407069-thoughts-on-which-way-is-the-best-to-go-to-get-a-loan/#post-4673334 Tue, 10 Jul 2012 08:36:10 +0000 Yeah i aim to hopefully get it up around $20,000 within several months, but with the money sitting around for a while it has drifted lower a little…  So that is the first thing to get the deposit amount back up…   Then if I could get a 95% LVR that should allow me hopefully to get the ball rolling…  Just have to find out which lenders all…[Read more]

]]> e5744ec42628968c64109a335e79a5f4 casanovawa replied to the topic Thoughts on which way is the best to go to get a loan in the forum Finance https://www.propertyinvesting.com/topic/4407069-thoughts-on-which-way-is-the-best-to-go-to-get-a-loan/#post-4673330 Tue, 10 Jul 2012 06:51:11 +0000 Thanks Spiro, yeah there definitely is that factor of a broker being able to give me info on the whole range of what is available out there…  Is the industry pretty good these days in terms of them not directing you to loan products that THEY benefit out of so you will get the unvarnished truth?   May it also be the case that they have le…[Read more]

]]> 121bac45e1204922e03471b8533fcea3 casanovawa replied to the topic Property bust not here yet ... worse to come in the forum General Property https://www.propertyinvesting.com/topic/4385726-property-bust-not-here-yet-worse-to-come/page/43/#post-4549277 Thu, 15 Mar 2012 08:36:47 +0000 Paullie, if your wondering where all the people are, or are going to be, I imagine many more people are going to be happy to co-habit with others from now on…  In 2009 i moved in with a friend and lived with him in his place for about 18 months, going from a rent of $400/week to $130/week put an awful lot of money in my pocket….  I ev…[Read more]

]]> b88f37a78fe2cf40ad451deb3f7170e0 casanovawa replied to the topic using credit card for car purchase in the forum Help Needed! https://www.propertyinvesting.com/topic/4402048-using-credit-card-for-car-purchase/#post-4637274 Wed, 01 Dec 2010 07:48:05 +0000 vj, we will find out, but my thinking would be that i have a pretty decent credit history (have paid off several loans) and seeing that i would be swapping one debt for an equal amount and so my credit/debt situation would not be changing (i could then close or majorly reduce the credit limit on my first card)…   i guess its just up to them to a…[Read more]

]]> 9680ed1f36da13ba3e0aae4f2930c133 casanovawa replied to the topic Suburbs Worth Investing In - Perth in the forum Help Needed! https://www.propertyinvesting.com/topic/4402071-suburbs-worth-investing-in-perth/#post-4637374 Wed, 01 Dec 2010 05:42:58 +0000 yeah, i'm trying to figure this out myself, although always been more of a southy…Are you planning to buy and live in it and then sell eventually, buy and maybe ventually sub divide, buy and then maybe rent it out later?   Depending on the long term strategy might also impact on the decision…

]]> c3c4b574b4755e887afcede2d6757579 casanovawa replied to the topic using credit card for car purchase in the forum Help Needed! https://www.propertyinvesting.com/topic/4402048-using-credit-card-for-car-purchase/#post-4637272 Wed, 01 Dec 2010 04:36:35 +0000 g0b, I think the worst idea would be to flush the money down the toilet, so buying a car rates somewhere above that…   :o)For various reasons i am wanting to buy a property in WA which will most likely be my PPOR for at least a time until i move out and convert to an IP or buy another IP once equity has been built or another deposit saved, so n…[Read more]

]]> c709fd0894b5d012c707540c5a8b2dc8 casanovawa replied to the topic using credit card for car purchase in the forum Help Needed! https://www.propertyinvesting.com/topic/4402048-using-credit-card-for-car-purchase/#post-4637269 Wed, 01 Dec 2010 02:09:06 +0000 Thanks Dave, will think all those things through…   And Duck, that sounds like an ok offer but not really wanting a Toyota (sure they are good and all) and not wanting to shell out for a new car….    so this strategy suits me more…   but for someone else the Toyota would probably be good…

]]> 65d9c7a1c49484ef959024852301342e casanovawa replied to the topic using credit card for car purchase in the forum Help Needed! https://www.propertyinvesting.com/topic/4402048-using-credit-card-for-car-purchase/#post-4637266 Tue, 30 Nov 2010 05:02:28 +0000 Hi Dave…   Yeah i know the depreciating asset thing, but the only thing worse than the depreciating bit is paying high interest on something devaluing…   if i can at least save half the equation…  :o)   and thanks for that advice, this is getting better with all the tidbits i am picking up…  i am a pretty crappy negotiator so i am going t…[Read more]

]]> 32aa5a26d2c92583e0d4bd1363284113 casanovawa replied to the topic using credit card for car purchase in the forum Help Needed! https://www.propertyinvesting.com/topic/4402048-using-credit-card-for-car-purchase/#post-4637264 Tue, 30 Nov 2010 01:43:11 +0000 Thanks Terry, that's a good idea about trying to avoid the fee and will try it, the only thing is if i bargain with the car yard (or several car yards to get the best package) i would want the RAC to come out and check the car before i finally bought it on maybe the next day…   i was going to stipulate on the contract "conditiional on it recei…[Read more]

]]> eb7d477b0824a87b477ff23983879baf casanovawa replied to the topic using credit card for car purchase in the forum Help Needed! https://www.propertyinvesting.com/topic/4402048-using-credit-card-for-car-purchase/#post-4637261 Mon, 29 Nov 2010 06:07:48 +0000 Dan42, paying it off inside 12 months would be pretty tough, not impossible, but tough….  if for any reason i couldn't balance transfer to another low rate cc for another 12 months when the deal came towards its end i would probably try and take a personal loan out for the rest of the time…  even then, the interest saved paying 1 year of th…[Read more]

]]> 74d2cf5b2f7303fd42179d758c356c5a casanovawa replied to the topic using credit card for car purchase in the forum Help Needed! https://www.propertyinvesting.com/topic/4402048-using-credit-card-for-car-purchase/#post-4637260 Mon, 29 Nov 2010 06:03:46 +0000 JacM, no you never buy stuff to earn frequent flyer points solely as its usually always cheaper to buy the thing direct….   i'm saying its a nice little bonus on the side….as for buying some property, i'm not 100% sure its exactly the right time to buy in at present….  it doesn't sound like there is going to be much appreciation in 2011 (u…[Read more]

]]> bbed6a34e64e497bfe8f472945d24f46 casanovawa replied to the topic Introduce yourself in the forum Forum Frolic https://www.propertyinvesting.com/topic/4401089-introduce-yourself/#post-4631139 Thu, 25 Nov 2010 06:19:35 +0000 Mark from South Lakes (Perth)bought and sold a house and made a tidy profit in 2003 (would have been tidier if we had hekd on), but starting again now, wanting to listen and learn and get ideas (and contribute where possible)…  the more uncertain the times the more you need to know what your doing and what your options are…   next year want to…[Read more]

]]> de2c10829b16c030c6c5834d85ac9ca2 casanovawa replied to the topic Australian Property Bubble (article on Associated Press) in the forum General Property https://www.propertyinvesting.com/topic/4401872-australian-property-bubble-article-on-associated-press/page/2/#post-4636112 Thu, 25 Nov 2010 05:58:09 +0000 Thomson, couple of things, i work in the agriculture and food industries and repeatedly hear there will be 9 billion people by 2050 and how are we going to feed all of these people with current land and water resources etc etc…  the thought always occurs to me it might be the other way around, if we don't have the food and land and water to f…[Read more]

]]> f929c8bc397890fe0cc263c2fde67057 casanovawa replied to the topic Australian Property Bubble (article on Associated Press) in the forum General Property https://www.propertyinvesting.com/topic/4401872-australian-property-bubble-article-on-associated-press/page/2/#post-4636105 Tue, 23 Nov 2010 02:49:31 +0000 One patriot i tend to think in terms of fundamentals people have not been happy to shell out the amounts of money for houses for a long time but rationalised that they had to for a number of reasons at least at the low end…  fear of missing out as prices continued to climb, constant bombardment by media and RE industry about lack fo homes, i…[Read more]

]]> c496bc66813e15a9dade7a9009a42fd4 casanovawa replied to the topic Australian Property Bubble (article on Associated Press) in the forum General Property https://www.propertyinvesting.com/topic/4401872-australian-property-bubble-article-on-associated-press/#post-4636101 Mon, 22 Nov 2010 08:23:44 +0000 yeah obviously some sudden big shifts in certain areas could definitely precipitate a crash in the market ie increases in interest rates, rising unemployment, lack of availaiblity of credit…   but for me the other thing is just general confidence (or lack of it) in the the market….    i have bought shares before and learnt the hard way how…[Read more]

]]> 3191c7af2780803855e6e73d72e894bd casanovawa replied to the topic Advice about getting rid a block of land in the forum Help Needed! https://www.propertyinvesting.com/topic/4401816-advice-about-getting-rid-a-block-of-land/#post-4635723 Tue, 09 Nov 2010 01:57:15 +0000 yeah its just at the moment there are unlikely to be many buyers in the current climate,  there are other investors with blocks in the same area and plenty of houses for sale in parts of the south west of western australia…   she can keep up the repayments, alhtough if there are 3-4 more rate rises next year it might get tough…   but whil…[Read more]

]]> bbde28b5b56e7f8bff414940d44c9320 casanovawa replied to the topic Advantages of a Mortgage broker? in the forum One thing i would say is https://www.propertyinvesting.com/topic/4401799-advantages-of-a-mortgage-broker/#post-4635660 Mon, 08 Nov 2010 05:38:32 +0000 One thing i would say is that i signed up to a house and land package builder and they suggested a mortgage loan company and a settlement company that they use and there was some slight discount etc…  Then when i had some questions about whether i might need to pull out of the loan and sent them to the loan guy i got a call back from the land…[Read more]

]]> 32442bda3a6a886884ad44e481ad2409 casanovawa replied to the topic My USA Property in the forum Overseas Deals https://www.propertyinvesting.com/topic/4400967-my-usa-property/page/3/#post-4630409 Wed, 03 Nov 2010 07:22:51 +0000 How does this work as far as the currency risk?  Do you borrow in US$ and take the risk that twice in the last several years the A$ has dropped to around US$0.60 and so what you owe could balloon out, although there is talk of the A$ going up to US$1.10-1.20 which could reduce the loan amount accordingly or do you borrow in A$ with the upside…[Read more]

]]> 159d0ea62042348bfb6fa56afd583f24 casanovawa replied to the topic Does this forum allow me to place a post about a property I have for sale?? in the forum General Property https://www.propertyinvesting.com/topic/4401349-does-this-forum-allow-me-to-place-a-post-about-a-property-i-have-for-sale/#post-4632764 Fri, 01 Oct 2010 04:48:50 +0000 There have been a few topics on here about selling properties yoruself together with some online real estate sites that let you advertise for about $400 up front i think and then so much per month that will get your adds onto some of the bigger real estate websites that maybe only real estate agents have access to….

]]> 977dcd5a4bbd0f4e7e83b9ddb093a153 casanovawa replied to the topic Any property left for average-wage earners? in the forum Yeah, my understanding with https://www.propertyinvesting.com/topic/4401207-any-property-left-for-average-wage-earners/#post-4631938 Mon, 20 Sep 2010 05:59:17 +0000 Yeah, my understanding with the offset account is that it works best if instead of 'paying in' extra each week you get your whole wage paid straight into it and so every dollar you have is sitting in there reducing the calculated interest you owe and then you 'pay out' your bills throughout the fortnight….   but just having your money sit…[Read more]

]]> f619e7a9ff3e0e17972221b5efcd28e4 casanovawa replied to the topic Any property left for average-wage earners? in the forum General Property https://www.propertyinvesting.com/topic/4401207-any-property-left-for-average-wage-earners/#post-4631934 Fri, 17 Sep 2010 09:15:29 +0000 yes in the old days you used to be able to afford a house on one salary…  and there was usually one car, no mobiles, no pay tv, no gyms, old furniture, no air conditioning (when i was growing up we use to go and sleep outside on the lawn on hot nights and this is the 80s not the 60s), no cafe lifestyle and lots of other things i don't remember h…[Read more]

]]> d0de7af2649784272c0e919b814e0997 casanovawa replied to the topic Which Loan in the forum Finance https://www.propertyinvesting.com/topic/4400856-which-loan-2/#post-4629758 Mon, 23 Aug 2010 04:58:08 +0000 I am getting my loan through Keystart (http://www.keystart.com.au) which is a WA Govt initiative that allows people to get into homes that usually couldn't.  They expect you to move away from them to another lender after a period….   I think they had lent too much money and so had increased the criteria to qualify for a loan to reduce the amount of ap…[Read more]

]]> 4d21d4fa2d50713e3ee09ff926f9690d casanovawa replied to the topic Which Loan in the forum Finance https://www.propertyinvesting.com/topic/4400856-which-loan-2/#post-4629755 Fri, 20 Aug 2010 03:03:31 +0000 I have heard a few people on this forum say they get a discount interest rate…I am hopefully about to get my loan to build my house and land package but after about 6 months plan to switch to probably ANZ as (at least at this moment) the lender offering the loan charges no penalty to switch the loan to someone else…I have banked with ANZ for…[Read more]

]]> 812cd799d42b7b1f6d7ef63cbd2f7fba casanovawa replied to the topic Am I in a position to buy our first investment property? in the forum Help Needed! https://www.propertyinvesting.com/topic/4400912-am-i-in-a-position-to-buy-our-first-investment-property/#post-4630054 Thu, 19 Aug 2010 02:41:50 +0000 be careful, from experience that sudden drop to one wage plus increased costs of all the things babies require can come as a shock even if your just trying too maintain your lifestyle let alone buying an IP…   and although waiting till next year might seem frustrating, you might also want to make sure the baby will arrive healthy and mum is do…[Read more]

]]> 63dfefe6557ee5efb280b1bcf16a56e6 casanovawa replied to the topic Where did you go wrong? in the forum General Property https://www.propertyinvesting.com/topic/4400648-where-did-you-go-wrong/#post-4628546 Fri, 23 Jul 2010 11:38:16 +0000 Hmmm, biggest mistake, we bought a block in 2001 in East Victoria Park, Perth for $110,000, put a nice 4 bed house on it for $110,000 and a year a half later in mid 2003 sold it for $385,000, which was quite a tidy profit…   last year i think it was that house was on the market for $800,000, not sure what they got for it…Had we held it and s…[Read more]

]]> 8317f4e0f09348d658ff9ed96d9eb5a2 casanovawa replied to the topic First Investment Property - Need Help in the forum Creative Investing https://www.propertyinvesting.com/topic/4400321-first-investment-property-need-help/page/2/#post-4626509 Fri, 16 Jul 2010 08:16:14 +0000 I'll have a look at your site, but just quickly are there any tax benefits in this way of investing, or is it all about profit and so you pay tax at the marginal rates on the per weekly amount they pay you, on the inital $25k and maybe just CGT on the final payout if the investment has been held over a year?

]]> 90491ea1cb2cd7c9f65cb1bb93472066 casanovawa replied to the topic Mum and Dad investors provide the revenue for Financial Planners and like, The real story is....... in the forum Creative Investing https://www.propertyinvesting.com/topic/4400498-mum-and-dad-investors-provide-the-revenue-for-financial-planners-and-like-the-real-story-is/#post-4627744 Fri, 09 Jul 2010 01:46:51 +0000 If only i had bought FMG when it debuted at 50 cents or close to it, instead i bought this other crappy one-use, retractable syringe company's shares…  :o(

]]> f4e8d7c1a261d65715f29814030e0a14 casanovawa replied to the topic Can I get a 2nd property without enough equity? in the forum Help Needed! https://www.propertyinvesting.com/topic/4399851-can-i-get-a-2nd-property-without-enough-equity/#post-4624025 Thu, 08 Jul 2010 04:01:15 +0000 I am about to hopefully get finance for a house and land package.  Building should take about 6-7 months (Jan-Feb 2011).  The good thing is i don't need to start making repayments until i get the key so that's 6-7 months i can save up more money (to add the inevitables like do up backyard and some air con etc) but also to build up savings for a bu…[Read more]

]]> 6b86e418c37fda47de7d5becc0e17df1 casanovawa replied to the topic First Timers in the forum Help Needed! https://www.propertyinvesting.com/topic/4400429-first-timers-2/#post-4627362 Thu, 01 Jul 2010 05:42:06 +0000 I know it probably differs in each State, I'm from WA, but if you try and sell your property yourself rather than going through a real estate agent, how significant are the sales costs?

]]> b6187206206fad126824228eb88da159 casanovawa replied to the topic Do you increase bond? in the forum Help Needed! https://www.propertyinvesting.com/topic/4400427-do-you-increase-bond/#post-4627351 Thu, 01 Jul 2010 05:36:37 +0000 I was renting a place in Perth and paid an initial bond and then some time into my occupancy the rent went up quite a bit and they asked for an increase in bond…   I didn't check to see if they could or not, just paid it, but i assume they were acting legit, so it may not be the same everywhere in Australia?

]]> a34a4f9859b22680641dfb5ea4c1cab4 casanovawa replied to the topic Is now the right time to buy a house and land package in WA? in the forum General Property https://www.propertyinvesting.com/topic/4400418-is-now-the-right-time-to-buy-a-house-and-land-package-in-wa/#post-4627323 Thu, 01 Jul 2010 05:02:53 +0000 Thanks Heather, yeah there were a few questions i was asking there and i know no one has a crystal ball to answer all of them…   For people with different strategies no time might be the right time to buy a house and land package as they use renovate and sell strategies or commercial leasing strategies etc…   and if i go for a short term str…[Read more]

]]> 62aa6e7025c0b456599ce547525d0e77 casanovawa replied to the topic Interest only loan repayments with an offset account. in the forum Finance https://www.propertyinvesting.com/topic/4400390-interest-only-loan-repayments-with-an-offset-account/#post-4627125 Tue, 29 Jun 2010 04:44:50 +0000 Dunno, but maybe rather than the bank adjusting your repyaments as your remaining principal of the loan gets reduced, they just keep your repayments the same and it is the term of the loan that gets reduced.  Like people say put in a little extra each month and you reduce the loan by so many years (pay it off ahead of time), rather than the bank…[Read more]

]]> 357e3469184c721735483e5a33460296 casanovawa replied to the topic Equity on hand - what to do? in the forum I just recently was given an https://www.propertyinvesting.com/topic/4399603-equity-on-hand-what-to-do/#post-4622705 Thu, 22 Apr 2010 05:15:36 +0000 I just recently was given an older book called Borrowing to Invest – the Fast Way to wealth – a Guide for Borrowers by Noel Whittaker and Paul Resnick.  It was written in 2002 i think so a few things might have changed (when they wrote it stocks were still going up strongly but probably better to buy shares now than 18 months ago) but they went…[Read more]

]]> e6dba98eafeb08fcdaa41ad610ef871d casanovawa replied to the topic Principle Place of Residence and CGT exemption in the forum Help Needed! https://www.propertyinvesting.com/topic/4399375-principle-place-of-residence-and-cgt-exemption/#post-4621075 Fri, 16 Apr 2010 07:12:12 +0000 you'd sort of imagine that getting the electricity connected in your name might be the most convincing of those eh…  i mean electoral rolls, drivers licences, mail redirected all sound like a waste of time if your planning to only reside there a short time, but who lives in a house without getting the power connected…  :o)

]]> ae1ead86f81dc5526f94e65ffb1c5b17 casanovawa replied to the topic Asset protection and Tax minimisation via Family Trust in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4399477-asset-protection-and-tax-minimisation-via-family-trust/#post-4621765 Tue, 13 Apr 2010 08:16:32 +0000 Do the profits have to be distributed every year? its not like they could accumulate for 3 years and then if you were expecting a year when u might have a much reduced income (take a year off etc) choose to distribute profits in that year???or does it have to be distributed every year or automatically taxed at that 46% rate?Mark

]]> 51623450b0ec1d53148443048063d22e casanovawa replied to the topic Asset protection and Tax minimisation via Family Trust in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4399477-asset-protection-and-tax-minimisation-via-family-trust/#post-4621758 Mon, 12 Apr 2010 02:36:06 +0000 Hmm, this is probably something i need to look at more…   a couple of things, how much does it cost to set up such trust?   and can you transfer a house you are about to buy into a trust later or will that incurs fees and stamp duty etc, etc???

]]> 9fdd9e72be7d4f32ddf8a1952d13af5a casanovawa replied to the topic Principle Place of Residence and CGT exemption in the forum Help Needed! https://www.propertyinvesting.com/topic/4399375-principle-place-of-residence-and-cgt-exemption/#post-4621069 Fri, 09 Apr 2010 05:02:14 +0000 I just want to clarify as the couple of places i have read up on this, even on the ATO site to me wasn't quite clear.  If you move in for 6 months and then move out for 6 years is that the only period that you can use the 6 year rule?  Or could u move in for 6 months, rent out for 6 years, move in for 6 months and then rent out again for another 6…[Read more]

]]> 0bc0d979e11743db25c04b24ce53d5a8 casanovawa replied to the topic Keen newbie needing some expert advice on buying units in the forum Help Needed! https://www.propertyinvesting.com/topic/4399421-keen-newbie-needing-some-expert-advice-on-buying-units/#post-4621393 Thu, 08 Apr 2010 14:14:33 +0000 Hmm wouldn't u know, the Keystart criteria have just changed and made it harder…   oh well, s**t happens…

]]> 205bd5c52980bab359e584fcae61a5f7 casanovawa replied to the topic Anyone considering buying an electric car? in the forum Forum Frolic https://www.propertyinvesting.com/topic/4399438-anyone-considering-buying-an-electric-car/#post-4621476 Thu, 08 Apr 2010 08:17:35 +0000 I'm often reading these days about how electricity bills in all the states seem to be being hiked 60-70% and if the ETS legislation becomes law that will probably only go up, so how much is electricity going to cost in the future???   I know a lot of people are screaming about how they are going to struggle to pay their electricity bills as it is…[Read more]

]]> 7dc179feac201ed3d91393d8cdb90eb5 casanovawa replied to the topic Keen newbie needing some expert advice on buying units in the forum Help Needed! https://www.propertyinvesting.com/topic/4399421-keen-newbie-needing-some-expert-advice-on-buying-units/#post-4621392 Thu, 08 Apr 2010 08:10:15 +0000 Hmmm, i was told i would need a deposit of $25,000 or so on a $300k property and so that was going to take me a longgggg time to build that up with renting and all so had gotten a bit discouraged…  But i live in Perth and found a house and land packager that uses Keystart (http://www.keystart.com.au/key/about-keystart.htm which is a Western Au…[Read more]

]]> 4bbbbd333a921b2a939c0e37647fb1c8 casanovawa replied to the topic A $ earned or a $ saved, Which is better? in the forum Finance https://www.propertyinvesting.com/topic/4399437-a-earned-or-a-saved-which-is-better/#post-4621471 Thu, 08 Apr 2010 07:48:47 +0000 I imagine it would also depend on your income and so your applicable marginal tax rate…   I don't know exactly the tax scales off by heart but they are easy enough for you to look up on the ATO website, but if you are in a 30 cents in the dollar marginal tax bracket then if you earn 5% of $30000 = $1500 – 30% tax = $1050…   Obviously if you a…[Read more]

]]> 2b401a8d9ac5df8dfeb90bd69a865b12 casanovawa replied to the topic Multi Property Finance problem in the forum Finance https://www.propertyinvesting.com/topic/4398731-multi-property-finance-problem/#post-4616802 Tue, 06 Apr 2010 03:46:42 +0000 So does that mean the guy (mortgage innovator) in Perth who is good only writes loans for the CBA, while the advice on the post is to try to setup your portfolio with at least a range of lenders?I am starting at the very beginning just buying my first place shortly hopefully, and once i have some equity will be looking for my next place, but…[Read more]

]]> c914985e878df9550a0f71efef4bc2e2 casanovawa replied to the topic Buying or building in Perth in the forum Help Needed! https://www.propertyinvesting.com/topic/4399358-buying-or-building-in-perth/#post-4620986 Fri, 02 Apr 2010 01:37:07 +0000 Hmmm, ok i saw this house and land package place and going down to have a look at a block at Bertram and the package i can get in for about $320,000 on a 340 sqm block…   have to decide whether i want a 3 or 4 bed place…  anyone have any thoughts on best configurations for maximising value???    and only needing a $12000 deposit and so will…[Read more]

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