Yes CGT payable in Australia as it is different here to how it works in USA where you can trade up on investment properties. You can’t do the same in Australia. I can see where you are coming from but it is not as fair in Australia as it is in USA.

However depreciation and negative gearing are claimable in Australia where I think they may not be…[Read more]

Once when looking at property I came across a house that had a stain on the lounge room carpet, wall paper coming off a wall and tiles coming off the laundry floor. Unfortunately I didn’t have the spare time to fix these minor problems as I was living 4 hours drive away and doing university studies. People are incredibly fussy and these items…[Read more]

Point Cook, Victoria … It is also the location of RAAF Base Williams,
A lot of the houses are probably DHA houses
(Defence housing) May be worth seeing if any houses are available from the defence housing. Rentals owned by investors but managed by DHA for RAAF tenants. Smart investor this month has a small article on the conditions and pro’s and…[Read more]

you need to blame the Sheriff of Nottinham for land tax. I think land tax should be directly linked to the actual rent earned from a property. If a property is worth more it doesn’t necessarily mean a greater rent yield.
One way of reducing it is to own land in different states or countries.

Comments may not be relevant to individual…[Read more]

First Property at age 25 now owe 21,000 property valued at $170,000 2nd property at age 34 purchased at $100,000 sold at $170,000 age 37. Could pay off first property tommorrow if I wanted to. Having trouble gaining a job (just over broke) to allow me to borrow for next property.
Applying to do a pre apprenticeship in Carpentry and then in 12…[Read more]

http://www.freemanfox.com.au – negative gearing approach

http://www.cameronbird.com.au – positve gearing developement properties

http://www.richmastery.com – nz investment however do australian seminars.
book real money,real estate by brad sugars

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation…[Read more]

definite- get loan pre approval as it is really easy to get carried away with the moment and bid more than you can afford. Watch what you do with your hands or gestures as you might buy a house when you didn’t want to really buy it.

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or…[Read more]

what is your goal. Do you wish to create cash flow or capital growth.
Will the property increase enough over time to pay you back for the outgoing money. Have you thought about paying off a couple of properties to a point where income – expenses =cash flow positive situation so they do not cost you any money.
How many properties can you buy with…[Read more]

I have been to three book shops and they do not have steves book,
Borders had a listing of it on their system but they have not received the book yet. 28/11/2006

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

First thing don’t use CAPITALS on the internet
Second point 40,000/200,000 = 20% You cannot use this equity as you need to have a LVR of 80% unless you took out mortgage insurance with the loan..
However if you can increase the value of the property with either time or improvement you can borrow the extra money that brings the LVR back up to…[Read more]

Go and buy some books
There are two approaches – positive gearing
and
negative gearing
buy API magazine and start buying the books advertised in the back of the magazine.
Books are a cheap way to learn

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should…[Read more]

do not go any lower than 5% yield . = rent p/a / property value * 100

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

have you checked out
http://www.sop.com.au/
I haven’t had time to check it out but it might explain options.

An option might be something a solicitor writes into the sales agreement. You might need to check with a property solicitor.

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or…[Read more]

What would be a better way would be to try and have a couple of income producing properties ie positive geared and then offset the loss properties against them as well as your salary.
. The term is net rental loss or income.

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation…[Read more]

check out
http://www.jenman.com.au/BS_Advertising.php

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

I would go to USA on 4th of July and buy the biggest bag of fireworks I could get and light them due to this country banning fireworks for everyone because a few people got injured through mis-use of fireworks.

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should…[Read more]

A option agreement to buy property

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

http://www.richmastery.com mentoring scheme…New Zealand Based
buy book How to get rich rewards in Real Estate in 3 years by Phil Jones or Buy book Real Money Real Estate – Winning the Real Estate Game by Phil Jones & Brad Sugars..
I just discovered this web site by reading How to get rich rewards in Real Estate in 3 years
I haven’t joined the Web Site…[Read more]

Your insights- no. 4, Is a great reminder that one can not live on debt for ever.

Centrelink reckon people can live on net property losses forever.
As they deem a loss as income. It goes against normal accounting standards but I would love to hear from anyone who has managed to buy groceries at their supermarket with a net property income…[Read more]

I agree with the clock position. Property and shares have what is known as a negative corelation. When shares collapse it is due to people taking money out of the stock market. Where does this money go? Usually it goes into property as shares are now thought of as risky.
Another web site to look at…[Read more]