Total Members: 158,564

Daneo79

  • Daneo79 replied to the topic Amazing tiler in Perth + other tradie recommendations in the forum I would love a copy of the 11 years, 6 months ago

    I would love a copy of the list and can add 1 or 2 tradies of my own. (hold onto the good ones, more valuable than gold)
    Please WP or anyone who has the list, I am now a short time away from my 1st IP, this list would help immensely.

  • Daneo79 replied to the topic TRUSTS??? in the forum Legal & Accounting 11 years, 10 months ago

    I meant professional

  • Daneo79 replied to the topic TRUSTS??? in the forum Legal & Accounting 11 years, 10 months ago

    A good book for beginners is 'Family Trusts' by N E Renton. This will give you a good basic knowledge of any trust you may want to set up for your circumstances. You can get a discretionary trust set up over the internet for around $800 ( read the book so you know what to ask for)note: above mentioned book has no connection to trust sites.And can…[Read more]

  • Daneo79 replied to the topic Strata title situation in the forum Help Needed! 11 years, 10 months ago

    what is a torrens title? and does it apply/ available in WA?

  • Daneo79 replied to the topic Retaining wall material in the forum Value Adding 11 years, 10 months ago

    I agree with clars83, would not be using any sheet fencing material to build a retaining wall. Too light and not its intended use.If the wall is going to be over 1m high then you will need to think about adding extra material/ footing behind the base to prevent movement    

  • Daneo79 replied to the topic 30 properties before 25, finance??? in the forum Finance 11 years, 11 months ago

    Thanks Michael, Terry.I thought so, but when reading books, articles and listening to audio books you can't ask them questions!A process to suit my circumstances can be formed and shaped through the vast amount of info available today, but even so, you still need people in the industry to bounce questions off.Once again, thanks

  • Daneo79 replied to the topic Can new homes or units be CF neutral/positive? in the forum Help Needed! 11 years, 11 months ago

    I have not found any CF+ houses in new estates around city CBDs or surrounding suburbs.
    Mining towns can offer good yields on a new property but the entry price is high.

    Does your visa allow entering into a joint venture with a small developer and build new units on a rezoned site?
    Joint ventures can be a good option to overcome difficult…[Read more]

  • Daneo79 replied to the topic TRUSTS??? in the forum Legal & Accounting 11 years, 11 months ago

    yeh,
    that’s what I thought.
    They did say that it had to be set up properly from the start.
    More for an investor with a varied portfolio looking for balance.

    I have been told to be cautious of hybrid trusts and just stick with a discretionary trust.
    A discretionary trust can be set up easily and offer good flexibility.

  • Daneo79 replied to the topic TRUSTS??? in the forum Legal & Accounting 11 years, 11 months ago

    I haven’t done this yet and don’t need to yet but I was told by a mentor that you can link trusts.
    I think you add the trust as a beneficiary?
    So the windfall from one trust can pay for the debt of another.
    This would be used if someone had many properties,positive and negatively geared, and didn’t want to hold them all in one (trust) basket

    Can…[Read more]

  • Daneo79 replied to the topic Need some clarification with my loan structure in the forum Finance 11 years, 11 months ago

    where can I get a black ivory back scratcher?

  • Daneo79 replied to the topic 30 properties before 25, finance??? in the forum Hi Richard,
    Can you please
    11 years, 11 months ago

    Hi Richard,
    Can you please send me a copy of your article? dane.millett@yahoo.com.au
    I am a regular reader of API and have learnt a lot from the range of topics covered.

    I have done a lot of research and i am ready to buy my 1st IP. I want to get the structure right from the start.
    When setting up a DF Trust with corporate trustee, do i use a non…[Read more]

Daneo79

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