Total Members: 158,540

danandang

  • danandang replied to the topic Answers to “Where to Find CF+ Deals” in the forum Help Needed! 17 years, 10 months ago

    For all the people looking for cash flow positive property investments and can’t find any just 3 pieces of advice, LOOK HARDER, LOOK HARDER AND LOOK HARDER.

  • danandang replied to the topic Answers to “Where to Find CF+ Deals” in the forum Help Needed! 18 years, 1 month ago

    Dazzling and Adam

    Very well said. Thanks

  • danandang replied to the topic Can you help? in the forum No Subject 18 years, 1 month ago

    Hi Steve

    Thanks for the opportunity,

    I have just completed for the first time in my life a personal cashflow for the previous 2 years and had negative balances every month. Any tips on how to turn this around.

    Hvae a good day

  • danandang replied to the topic Unmotivated Partner in the forum Help Needed! 18 years, 1 month ago

    Dazzling

    You are not alone. My wife wants nothing to do with investing in property. She wants to own the property and she used them for a bragging right one day against someone she didn’t really like who was giving her the <edited>s about them bragging about what they had.

    She is extremely good…[Read more]

  • danandang replied to the topic Cash flow positive in the forum Help Needed! 18 years, 4 months ago

    jjaaus

    Thank you for raising my awarnes about the landlord insurance. I actually did have a vacancy in a unit i own in cairns. i asked the insurance company just then about a claim for a month of vacancy between leases and they said NO. So the expense relating to vacancy allowance stands. What…[Read more]

  • danandang replied to the topic Using equity to purchase property’s in the forum Finance 18 years, 4 months ago

    minidaz
    Definately have the investment properties in a different loans to your principle place of residence. The deposit amounts will be added to the loan against your existing ownerships. I guess you can account for this and that section of your loan can be dedicated through your accountant for…[Read more]

  • danandang replied to the topic Cash flow positive in the forum Help Needed! 18 years, 4 months ago

    jjaaus]
    The insurances actually covers building insurance in case the thing gets blown away, public liability and stuff like that. The repayments are based on 7.3 % interest only. I have no deposit I am equity based, I have no tax advantage I make no money. This all very well but I have been…[Read more]

  • danandang replied to the topic ORDER OF RENOVATION in the forum Help Needed! 18 years, 4 months ago

    Best leave the polished floors until the very last. After painting and carpet. Don’t walk on them for 3 days. Add 30 % to your budget. Try and keep site tidy.

  • danandang replied to the topic **PropertyGuru**&S.I.S New Positive Cashflow Rule! in the forum General Property 18 years, 4 months ago

    What I have done is develop a comparison page set ou as below
    Property costs
    Stamp duty
    Lenders Fees
    Soloicitors Fees,
    Building inspection
    Other
    Total
    Deposit
    Loan amount
    Loan Repayments
    Rates
    Body corp
    Insurances
    Maintenance
    Vacancy
    Agents fees
    Other
    Total out goings

    Rental income
    Net Income (Loss)
    Net income /…[Read more]

danandang

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