Hi Globe,

The first thing you need to do is to establish what your property investment goal is, timelines, exit strategy/ies, budget constraints (if any), future personal plans (family, tour Europe etc).

We are accumulating property using the equity in one property to leverage (or leap frog as Peter Spann calls it) into more…[Read more]

Hi Marisa,

As per previous comments – however I believe the ‘stigma’ will live on for a long time. I do know that the local schools do it pretty tough.

Derek
derekjones1@bigpond.com

Property Investment Support Available. Ongoing and never stopping. PM welcome.

Hi Globe,

I have moved your question to a more appropriate section on the forum so you may get some more meaningful replies to your question.

https://www.propertyinvesting.com/forum/topic/12925.html

Hope this meets with your approval.

Derek
derekjones1@bigpond.com

Property Investment Support Available. Ongoing and never stopping. PM welcome.

Hi Kp,

Even when negative gearing was abolished in the mid eighties it only applied to people who bought property during that period of time and, in the main, it is rare for tax adjustments to be retrogressive.

Something else often overlooked by people who use the what if negative gearing was abolished line is that – the removal of negative…[Read more]

Hi elika,

Full time primary school principal and in my ‘spare’ time I play hockey midweek in winter, get heavily involved in the local bushfire brigade in summer (just warming up now in preparation for the new fire season), do a little property investment support on the side, just finished chairing the organisation for a conference of 850 people…[Read more]

Hi Jo,

Thought you would have something to add on the area – that is a good thing[exhappy]

Derek
derekjones1@bigpond.com

Property Investment Support Available. Ongoing and never stopping. PM welcome.

Hi Marisa,

Yep bowled it over in a day and a half – nothing new in it but a good read nonetheless.

What I did find of interest were the similarities between other books I read or information I have sourced over the years; Jan Somers, John Fitzgerald, Steve Navra, Ed Chan and dare I say it,Kevin Young that all advocate a buy and hold approach to…[Read more]

Hi John,

I come from a property investment position that good quality property in good locations is my first concern. I also recognise that I am investing to make money rather than saving tax – any tax savings are considered a bonus.

For this reason I buy with a long term perspective and on the understanding that there will be flat periods and…[Read more]

Hi Geo,

Without knowing what Dale charges (and I don’t want to know) I would consider his expertise would be worth paying for anyway – the cost of misinformation and poor service is difficult to calculate.

Given there are investors who live Australia wide who use his services – one would have to suggest they value his service.

If you want…[Read more]

Hi all,

Put simply – To make a positive difference.

Derek
derekjones1@bigpond.com

Property Investment Support Available. Ongoing and never stopping. PM welcome.

Hi ynot,

I use a solicitor/conveyancer that resides in the same state as the property. There are some differences in the various state legislations that could come back and bite you if not met.

If you ask around a bit people here will be able to make recommendations in many and varied parts of the…[Read more]

HI Wanewbe,

Terry has given you a accurate and quick overview of some of your options and their implications. – but the key question is – what are you wanting to achieve?

This property should only be considered as part of a bigger picture – until we know what the picture is (your goal) then we really cannot pass effective comment beyond the…[Read more]

Hi Caleb,

For a different look at things consider the following;

http://www.theaustralian.news.com.au/common/story_page/0,5744,10776140%5E7583,00.html

Derek
derekjones1@bigpond.com

Property Investment Support Available. Ongoing and never stopping. PM welcome.

Hi Spoony,

If you are considering renovations as a means of property investment then I suggest you grab a copy of Peter Spann’s latest book ‘$10 mill of property’

Derek
derekjones1@bigpond.com

Property Investment Support Available. Ongoing and never stopping. PM welcome.

Hi Nadine,

As a broadbrushed statement those properties are very difficult to find (a bit like a needle in a haystack level of difficulty) – and those that meet the less than $100K and 11 sec solution would, in general terms, not be classified as good investments.

As you rightly point out the market has moved on and more important consideration…[Read more]

Hi Bradles,

My counsel is that you sit down and consider what your long term plans are. It seems to me that you are all fired up but with no-where to go.

Once you have worked out what your investment plans are, what you life plans are, family situation, looming issues (new child, kids to uni – that sort of thing) then you will have an idea of…[Read more]

Hi Mknk,

Are you contemplating using some of your Super funds to assist with the purchase of ‘your home’ – this course of action is not permitted under the Super rules and as such you may be well advised to seek professional advice.

In theory, aside from the above comment, your plans are feasible. As with all investments undertake your research…[Read more]

Originally posted by yack:
Peter

There is a section about positive cashflow properties and the current state of the property market. But when I get the chance I will note the page reference.

ITS A MUST READ.

Hi Yack,

Pages 136-139

Derek
derekjones1@bigpond.com

Property Investment Support Available. Ongoing and never stopping. PM welcome.

Hi Caleb,

Congratulations on having a vision for your future – my 12 year old can only see as far as the next TV show.

As others have said enjoy being a kid first – when you get to my age you realise this is one of the best times of your life before ‘responsibility’ kicks in.

I would also suggest that given your relative youthfulness a ‘work…[Read more]

Hi powmow,

Try this link for some more information.

http://www.osr.nsw.gov.au/pls/portal/docs/page/downloads/other/vendor_duty_factsheet.pdf

or this one

http://www.osr.nsw.gov.au/portal/page?_pageid=33,193927&_dad=portal&_schema=OSRPTLT

Derek
derekjones1@bigpond.com

Property Investment Support Available. Ongoing and never stopping. PM…[Read more]