[ChoubiParticipant@choubiJoin Date: 2011Post Count: 13]

April 18, 2011 - 7:11 am

It's just a removal. The house is not needed. So I wouldn't have to pay anything to the removalists?

Cheers

[ChoubiParticipant@choubiJoin Date: 2011Post Count: 13]

April 12, 2011 - 2:06 pm

Good work. Thank you for clearing that up guys.

[ChoubiParticipant@choubiJoin Date: 2011Post Count: 13]

February 24, 2011 - 10:05 am

Thanks Michael but he is not covered. That's the problem.

[ChoubiParticipant@choubiJoin Date: 2011Post Count: 13]

February 23, 2011 - 5:43 am

Already done Richard. All I could find is that he's a CPA specialized in property.

http://www.cpaaustralia.com.au/apps/finder/cpa/cpadetails.aspx?cpaid=9505935&postcode=4066

[ChoubiParticipant@choubiJoin Date: 2011Post Count: 13]

February 22, 2011 - 4:02 am

Thank you for your comments guys.

Once I have purchased a few +CF properties I want to then balance my portfolio and purchase capital growth properties. Plus I also want the option to deduct interest if I have to.

If for example my parents would borrow money in their name then buy units in the trust. What would be the problem if they are the beneficiaries/unit holders of the trust. There should be nothing wrong with deducting the interest if they are the income receivers of the trust.

What about just a unit trust?

[ChoubiParticipant@choubiJoin Date: 2011Post Count: 13]

February 19, 2011 - 9:17 am

Thank you for your advice guys. It's much appreciated.

Catalyst:

I use different strategies when looking for properties. I would like to try them all out if one day I have enough funds to do so. At the moment I am focusing on positive cash flow properties since I am just starting out and don't have a lot of savings.  I am a student and know Brisbane and its suburbs very well and kind of know where the renting hot spots are.

How do I know that the properties are good and how can I source properties that a mentor cannot?

1. How do I know that the properties are good? The reason that I love property investing is that it is simple math. If the numbers add up then you have found a good deal. Sure you have to do your research on the property and try to figure out if there are any likely hidden future costs etc. There are a LOT of profitable deals out there if you know what you are looking for.

2. How can I source properties that a mentor cannot? I didn't mean to say that I can source properties that a mentor cannot. I was rather suggesting that if I found properties I knew the mentor was looking for and I couldn’t obtain finance then I could pass them on to him/her. From my experience I have learned that two brains are always better than one.

Thanks guys