PropertyInvesting.com | fergmic | Activity

fergmic replied to the topic Renting while investing in property in the forum Help Needed!

Tue, 27 Nov 2012 04:12:53 +0000

I wish we did not own our on PPOR now. Because of the large mortgage, we are really limited in how we can move forward with our investing. Unfortunately, I heard the 'renting is better than owning when you want to invest' too late. Although we could still sell, we are too settled with my mother living with us to do that now.
As other have said, if…[Read more]

fergmic replied to the topic Mentor needed... in the forum Help Needed!

Tue, 27 Nov 2012 04:01:03 +0000

Hi TonyLyn
If you went to Steve's last market update, then you should now know what type of investor you are at the moment and the strategies Steve recommends to move forward to retirement.

One thing I learnt recently about buying property with a SMSF is that it is more expensive than buying in your own name for a number of reasons.
1. The banks…[Read more]

fergmic replied to the topic One Question IQ Test in the forum Forum Frolic

Sun, 21 May 2006 22:48:47 +0000

Last post for today.. I have to turn off my computer now!

fergmic replied to the topic Trusts and Companies in the forum Legal & Accounting

Fri, 10 Mar 2006 04:10:27 +0000

We are in the same boat as lisa.jason12 – need advice on structure and a good property accountant in Sydney

We are about to start some serious property investment and need to set up the correct structure before our next purchase. So far we have 2 IP’s in both our names.

Cata, do you mind if I email you?

Thanks